This article presents the revenue per employee of Ford Motor Company (NYSE: F). We will explore Ford Motor’s revenue per employee by region and by segment.
Ford Motor’s business segments include the Automotive, Ford Credit, and Mobility. However, these segments were no longer relevant in fiscal year 2023 as Ford has reorganized its segments since 2023.
Similarly, Ford Motor’s regions of operation in North America, South America, Europe, China, the Middle East, Africa, Asia Pacific, etc, were no longer relevant as the company has stopped breaking up its employment data in these regions since 2023.
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Table Of Contents
Definitions And Overview
O2. Is Ford Motor A Good Company To Work For?
Consolidated Results
Results By Segment (New)
B1a. Revenue Per Employee By Segment
Results By Region (New)
B2a. Revenue Per Employee In The U.S. And Rest Of World
Results By Segment (Legacy)
B1. Revenue Per Employee In Automotive
B2. Revenue Per Employee In Ford Credit
B3. Revenue Per Employee In Mobility
Results For America (Legacy)
C1. Revenue Per Employee In North America
C2. Revenue Per Employee In South America
Results For Europe (Legacy)
D1. Revenue Per Employee In Europe
Results For The Middle East & Africa (Legacy)
E1. Revenue Per Employee In MEA
Results For Asia (Legacy)
F1. Revenue Per Employee In China
F2. Revenue Per Employee In Asia Pacific
Results For Other Regions (Legacy)
G1. Revenue Per Employee In IMG
Conclusion And Reference
S1. Conclusion
S2. References and Credits
S3. Disclosure
Definitions
To help readers understand the content better, the following terms and glossaries have been provided.
Revenue Per Employee: Revenue per employee is a financial metric used to measure the average income generated by each employee within a company. It is calculated by dividing the total revenue by the number of employees.
Formula: {Revenue Per Employee} = {Total Revenue} / {Number of Employees}
A higher ratio indicates that the company effectively utilizes its workforce to generate revenue. It allows for comparison with competitors and industry averages, helping assess relative performance. Investors often view this metric as a sign of a company’s management effectiveness and growth potential.
Larger companies may have lower ratios due to extensive workforces. Companies focusing on high-value products typically show a higher revenue per employee. Established brands and skilled labor can lead to increased revenue generation.
In summary, revenue per employee is a crucial metric that illustrates an automotive company’s efficiency and effectiveness in leveraging its workforce to maximize income.
Is Ford Motor A Good Company To Work For?
Whether Ford Motor Company is a good place to work can vary based on individual perspectives and career aspirations. Here are some detailed aspects to consider:
### 1. Company Culture
Ford often emphasizes a culture of innovation, collaboration, and community engagement. Employees frequently mention a strong sense of teamwork and camaraderie, which can contribute to a positive working environment. The company encourages creativity and values feedback, making many employees feel valued and heard.
### 2. Benefits and Compensation
Ford typically offers competitive salaries along with a comprehensive benefits package. This may include health insurance, retirement plans, and employee discounts on vehicles, which can be very appealing. These benefits contribute to overall job satisfaction and can help attract and retain talent.
### 3. Career Growth Opportunities
Ford provides numerous opportunities for professional development for those looking to advance their careers. With various roles, from engineering to marketing, employees often find pathways to grow within the company. Training programs and mentorship opportunities can further enhance career advancement prospects.
### 4. Industry Stability
As a well-established player in the automotive industry, Ford offers a certain level of job security. However, it’s essential to acknowledge that the industry can be subject to economic fluctuations and shifts in consumer demand, which may sometimes impact job stability.
### 5. Work-Life Balance
Experiences regarding work-life balance at Ford can vary significantly depending on the specific role and department. Many employees report having a reasonable balance, thanks to flexible working arrangements and support for personal commitments. However, some positions may demand longer hours or more intense workloads, which is worth considering.
### 6. Focus on Sustainability
Ford has made sustainable strides, investing heavily in electric vehicles and environmentally friendly practices. For employees passionate about environmental initiatives, working for a company that prioritizes these values can be inspiring and fulfilling.
### 7. Employee Reviews and Feedback
Reviewing employee feedback on platforms like Glassdoor or Indeed can be very helpful in getting a well-rounded view of what it’s like to work at Ford. These reviews often provide insights into day-to-day experiences, challenges, and the overall sentiment of the workforce.
In conclusion, whether Ford is a good company to work for largely depends on personal priorities and career goals. It can offer a rewarding experience, especially for those aligned with its values and looking for opportunities in a stable, innovative environment.
Revenue Per Employee
Ford’s revenue per employee is calculated as total revenue divided by total employees worldwide.
That said, Ford made nearly $1 million in revenue per employee worlwide in fiscal year 2023, as shown in the chart above. In fiscal year 2022, Ford’s revenue per employee was only about $913,600. Therefore, Ford’s worldwide revenue per employee was up 9% in fiscal year 2023 over 2022.
Between fiscal year 2021 and 2023, Ford produced about $885,000 in revenue per employee on average.
Revenue Per Employee By Segment (New)
Ford’s segments consist of Company Excluding Ford Credit and Ford Credit, as shown in the chart above.
For Ford’s Company Excluding Ford Credit, its revenue per employee reached $964,500 in fiscal year 2023, slightly higher than the $887,400 in revenue per employee in 2022.
On the other hand, Ford Credit makes significantly higher revenue per employee compared to Company Excluding Ford Credit, as shown in the chart above, which was more than double the amount in fiscal year 2023.
In addition, Ford Credit’s revenue per employee also significantly increased from 2022 to 2023, as shown in the chart above. In fiscal year 2023, Ford Credit produced more than $2 million in revenue per employee, an increase of 15% over the $1.8 million in 2022.
Revenue Per Employee In The U.S. And Rest Of World (New)
Ford’s results by region consist of only the United State and Rest Of World, as shown in the chart above.
That said, Ford’s revenue per employee in the U.S. is significantly higher than that of Rest of World.
In fact, in fiscal year 2023, Ford generated revenue per employee of over $1.3 million in the U.S. in fiscal year 2023 versus just $696,000 in revenue per employee for Rest Of World, with the U.S. coming in nearly double the amount of Rest Of World.
Also, Ford’s revenue per employee in the U.S. increased by 7% in 2023 over 2022, while that of Rest of World was 11% higher during the same period.
Therefore, from 2022 to 2023, Ford’s revenue per employee had increased slightly faster in Rest Of World than the United States.
Revenue Per Employee In Automotive (Legacy)
This section is a legacy report as Ford is no longer providing employment data under this segment. Ford’s revenue per employee in Automotive is calculated as automotive revenue divided by total automotive employees.
Within the automotive segment, Ford earned revenue of about $961,000 per employee in fiscal 2022, up significantly over 2021.
Ford’s consistent revenue per employee in the automotive segment highlights the strength of its automotive business.
However, the automotive segment has its weaknesses.
During the onset of the COVID-19 crisis in 2020, Ford’s automotive segment witnessed a substantial dive in revenue per employee, indicating its vulnerability to such and other similar events.
Revenue Per Employee In Ford Credit (Legacy)
This section is a legacy report as Ford is no longer providing employment data under this segment. Ford’s revenue per employee in Ford Credit is calculated as Ford Credit revenue divided by total Ford Credit employees.
Ford Credit is the financial services division of Ford Motor Company, offering credit facilities to retailers and financing options to consumers.
That said, Ford Credit’s revenue per employee is among the highest, totaling more than $1 million in all fiscal years.
This figure reached $2 million and $1.8 million in fiscal 2021 and 2022, respectively.
The exceptional revenue per employee within Ford Credit illustrates the solid revenue-generating capability of the company’s financial services.
Revenue Per Employee In Mobility (Legacy)
This section is a legacy report as Ford is no longer providing employment data under this segment. Ford’s revenue per employee in Mobility is calculated as Mobility revenue divided by total Mobility employees.
The revenue per employee data for Ford’s Mobility is up to fiscal 2021 only because Ford has restructured the Mobility segment and renamed it to a different segment in 2022.
During fiscal year 2021, Ford’s Mobility division generated the lowest revenue per employee, with only $59,000 earned.
The revenue per employee in Ford’s Mobility was even lower before 2021, averaging only $20,000.
Revenue Per Employee In North America (Legacy)
This section is a legacy report as Ford is no longer providing employment data under this region. Ford’s revenue per employee in North America is calculated as North America automotive revenue divided by total employees in North America.
Ford’s North American automotive sector generated over $1 million in revenue per employee in fiscal 2022, the highest among all regions.
Besides being the highest, Ford’s revenue per employee in North America has been consistently high across all fiscal years.
Revenue Per Employee In South America (Legacy)
This section is a legacy report as Ford is no longer providing employment data under this region. Ford’s revenue per employee in South America is calculated as South America automotive revenue divided by total employees in South America.
Although the revenue per employee in South America is much less than that in North America, it has significantly risen in recent years.
For example, in fiscal 2022, Ford made nearly $800,000 in revenue per employee in South America, a record figure in this region in the past 11 years.
Revenue Per Employee In Europe (Legacy)
This section is a legacy report as Ford is no longer providing employment data under this region. Ford’s revenue per employee in Europe is calculated as Europe automotive revenue divided by total employees in Europe.
Ford’s revenue per employee in Europe reached a record high of $730,000 in fiscal year 2022, the highest figure in the region in the last 11 years.
Ford also generates relatively consistent revenue per employee in Europe, averaging nearly $600,000 since 2012.
Revenue Per Employee In MEA (Legacy)
This section is a legacy report as Ford is no longer providing employment data under this region. Ford’s revenue per employee in MEA is calculated as MEA automotive revenue divided by total employees in MEA.
The data from the MEA region is available up to only fiscal 2018 because Ford has stopped publishing the number of emplopyee data in this region after 2018.
Ford Motor previously generated one of the highest revenues per employee in the Middle East and Africa, at nearly $1.5 million and $1.3 million in fiscal 2014 and 2015, respectively.
However, this region’s revenue per employee figure had significantly declined between 2014 and 2018, reaching only $672,000 as of 2018.
Revenue Per Employee In China (Legacy)
This section is a legacy report as Ford is no longer providing employment data under this region. Ford’s revenue per employee in China is calculated as China automotive revenue divided by total employees in China.
Ford’s revenue per employee in China fell to $442,000 in fiscal 2022, the lowest since 2019.
Before 2022, Ford’s revenue per employee in China was one of the highest among all regions.
During fiscal 2019, Ford generated $1.2 million in revenue per employee in China, surpassing North America and all other regions.
Revenue Per Employee In Asia Pacific (Legacy)
This section is a legacy report as Ford is no longer providing employment data under this region. Ford’s revenue per employee in Asia Pacific is calculated as Asia Pacific automotive revenue divided by total employees in Asia Pacific.
The data from the Asia Pacigic region is available up to only fiscal 2018 because Ford has stopped publishing the number of emplopyee data in this region after 2018.
Ford’s revenue per employee in Asia Pacific fell to only $355,000 in fiscal 2018, one of the lowest in this region between 2014 and 2018.
Revenue Per Employee In IMG (Legacy)
This section is a legacy report as Ford is no longer providing employment data under this region. Ford’s revenue per employee in IMG is calculated as IMG automotive revenue divided by total employees in IMG.
The IMG covers all regions or countries not presented individually.
Ford earned decent revenue per employee in IMG, at $701,000 in fiscal 2022.
Conclusion
Ford’s revenue per employee worldwide soared to $914,000 in fiscal 2022, a record high since 2012.
Although Ford generates consistent revenue per employee in the Automotive segment, it still lags behind Ford Credit.
In summary, Ford Credit generates the highest revenue per employee across all segments, with a significant increase in figures over the years.
In addition, as of fiscal 2022, Ford’s North America region boasts the highest revenue per employee, exceeding $900,000.
References and Credits
1. All financial figures presented in this article were obtained and referenced from Ford’s SEC filings, earning releases, quarterly and annual reports, investor presentations, etc., which are available in the following location: Ford shareholders page.
2. Pixabay Images.
Disclosure
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