A Look At Ford vs GM
Ford Motors (NYSE: F) was incorporated in 1903. Currently, the company has about 199,000 employees worldwide. They design, manufacture, market, and service Ford cars, trucks, sport utility vehicles (“SUVs”), electrified vehicles, and Lincoln luxury vehicles. They also provide financial services through Ford Motor Credit Company LLC (“Ford Credit”).
Ford has various competitors across the world. In this analysis we see how Ford does against General Motors, a fellow American Automobile Giant.
- With F-150 EV Production Cut 50%, What Lies Ahead For Ford Stock?
- What To Expect From Ford’s Q3 Earnings?
- Will Strong F-Series Sales Power Ford’s Q2 Results?
- Can Ford Stock Return To Its Pre-Inflation Shock Highs
- Higher Truck Sales Will Drive Ford’s Q1 Results
- Ford’s Q4 Results Were Tough, But Things Could Get Better
For detailed analysis see our interactive dashboard – How Does Ford’s Key Operating Metrics Compare With GM’s? In addition, here is more Consumer Discretionary data.
How does Ford’s Revenue compare with General Motors’ Revenue?
- Ford had a constant increase in Total revenue over the past few years. It rose from $151.8 billion in 2016 to $160.3 billion in 2018. Trefis estimates the trend to continue and Total revenue to be around $160.9 billion in 2019. In this, revenue from the company’s Automobile division increased from $151.8 billion in 2016 to $160.3 billion in 2018. Trefis estimates the trend to continue and automotive revenue to be around $160.9 billion in 2019. Meanwhile the revenue from Financial Services division also saw an increase from $10.3 billion in 2016 to $12 billion in 2018. Trefis estimates Financial services revenue to be around $11.9 billion in 2019.
- General Motors saw a fall in Total revenue over the past few years. It fell from $177.4 billion in 2016 to $149.1 billion in 2018 primarily due to GM selling the Opel/Vauxhall Business. Trefis estimates the trend to continue and Total revenue to be around $147.4 billion in 2019. In this, revenue from the company’s Automobile division fell from $167.9 billion in 2016 to $135.1 billion in 2018. Trefis estimates the trend to continue and automotive revenue to be around $132.6 billion in 2019. Meanwhile, the revenue from Financial Services division saw an increase from $9.5 billion in 2016 to $14 billion in 2018. Trefis estimates Financial services revenue to be around $14.8 billion in 2019.
Comparing Ford’s & GM’s Key Metrics:
1) Average Revenue per Vehicle
- Ford’s average revenue per vehicle has seen a continuous rise from $21.3K per vehicle in 2016 to $24.8K per vehicle in 2018. Trefis estimates the metric to further improve to around $25.3K per vehicle in 2019.
- GM’s average revenue per vehicle has also seen a continuous rise from $15.5K per vehicle in 2016 to $16.2K per vehicle in 2018. Trefis estimates the metric to fall a bit to around $16K per vehicle in 2019.
What’s behind Trefis? See How It’s Powering New Collaboration and What-Ifs
For CFOs and Finance Teams | Product, R&D, and Marketing Teams
Like our charts? Explore example interactive dashboards and create your own.