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Ford Delivers Breakthrough in 2015 with Record Full Year Pre-Tax Profit 28 January 2016

Transforming Ford into both an auto and a mobility company

Record full year 2015 pre-tax profit, excluding special items, of $10.8B, up $3.5B; after-tax earnings per share of $1.93, excluding special items, up $0.59 cents from a year ago

Full year net income of $7.4B, up $6.1B; after-tax earnings per share of $1.84, up $1.53 from a year ago; $2.5B distributed to shareholders in 2015

Full year Automotive pre-tax profit of $8.8B, up $3.3B; all business units, with the exception of South America, profitable

Europe returned to profitability; Asia Pacific best-ever annual profit; North America and Ford Credit delivered benchmark results

Global market share up two-tenths of a percentage point from a year ago at 7.3 percent with improvement in South America and Europe; best-selling commercial vehicle brand in Europe

Ford number one brand in vehicle sales in the U.S. for 2015; Ford F-Series 34th straight year as the best-selling vehicle in the U.S.; successfully completed 16 global launches

Announced plans to invest $4.5B by 2020 in electrified solutions; Ford number two in the U.S. in electrified vehicle sales for 2015

Fourth quarter pre-tax profit, excluding special items, of $2.6B, up $1.3B; net income of $1.9B, up $4.4B; after-tax earnings per share of $0.58, excluding special items, up $0.28 from a year ago

Record full year Automotive operating-related cash flow of $7.3B, including $2.1B in fourth quarter

Company 2016 pre-tax profit, excluding special items, revenue, Automotive operating margin and earnings per share equal to or higher than 2015; Automotive operating-related cash flow expected to be strong but lower than 2015 record

Mark Fields, Ford President and CEO commented: “We promised a breakthrough year in 2015, and we delivered. In 2016, we will continue to build on our strengths and accelerate our pace of progress even further, while transforming Ford into both an auto and a mobility company and creating value for all of our stakeholders.”