Ford raises 2025 adjusted EBIT guidance to about $7B

Ford (F) Motor Company announced a series of actions to “sharpen its Ford+ plan,” executing a “decisive redeployment” of capital to meet customer demand and drive profitable growth. “These actions provide a path to profitability in Model e by 2029, targeting annual improvements beginning in 2026. The actions will also improve profits in Ford Blue and Ford Pro over time with early signs of benefits in 2026. As a result, Ford expects to record about $19.5B in special items, the majority in the fourth quarter of 2025, with the remainder in 2026 and 2027. As part of these special items, the company expects approximately $5.5B in cash effects, with the majority paid in 2026 and the remainder in 2027.To support these actions, Ford and its subsidiaries plan to hire thousands of people across America, reinforcing the company’s leadership as the top employer of U.S. hourly autoworkers,” Ford said. In addition, the company raises 2025 adjusted EBIT guidance to about $7B given continued underlying business strength, including cost improvement, and reaffirms adjusted free cash flow guidance range, trending towards the high end of $2B-$3B. “This is a customer-driven shift to create a stronger, more resilient and more profitable Ford,” said Ford president and CEO Jim Farley. “The operating reality has changed, and we are redeploying capital into higher-return growth opportunities: Ford Pro, our market-leading trucks and vans, hybrids and high-margin opportunities like our new battery energy storage business.”