DETROIT (WWJ) -- Ford workers will get reduced profit sharing checks for 2025, even as the company posted an #8.2 billion loss for the year. The checks will average $6,780, substantial, but much less than the last two years when they topped $10,000.
Ford’s losses, based on special one time charges related to changes in EV production, did not count in the profit sharing formula. Take the charges out, and Ford has a pre tax profit of $6.8 billion, along with its fifth consecutive year of revenue growth, bringing in $187.3 billion.
“Ford delivered a strong 2025 in a dynamic and often volatile environment,” said Jim Farley, Ford president and CEO. “We improved our core business and execution, made significant progress in the areas of the business we control – lowering material and warranty costs and making real progress on quality – and made difficult but critical strategic decisions that set us up
for a stronger future. Moving forward, we’ll continue building on our strong foundation to achieve our target of 8% adjusted EBIT margin by 2029.”
Once again, it was the gasoline powered vehicles–especially pickup trucks–that brought in the money for Ford. Commercial vehicles–Ford Pro–lead the way with a $6.8 billion pre tax profit. Ford Blue, the gasoline powered business, brought in $3 billion. Ford Model E, electric vehicles, posted a $4.8 billion loss. But, Ford points out that was still a $300 million improvement over 2024.
Pre tax profits at Ford credit were up 55% to $2.6 billion.
Ford expects to make between $8 and $10 billion, pre cash for 2025.
“Ford expects a year of financial improvement and continued operational progress, driven by Ford Blue mix strength, Ford Pro growth and reduced model E losses,” said Ford Chief Financial Officer Sherry House.
House says the electric Model E business will continue to show steady improvement, with the goal of profitability in 2029.
She adds that the decision to take $19.5 billion in special charges related to the EV business, will make Ford a profitable producer of gasoline powered, hybrid and electric vehicles, long term.
“This decision enables us to fill US plants with affordable new models. It allows us to launch the battery energy storage business. It’s improving our profitability across every segment going forward.”