Ford sees 2025 adjusted EBIT $6.5B-$7.5B with $2B tariff headwind

Consensus $6.84B. The company said, “Ford (F) now anticipates full-year adjusted EBIT of $6.5 billion to $7.5 billion, which includes a net tariff-related headwind of about $2 billion, and to generate $3.5 billion to $4.5 billion in adjusted free cash flow, with capital expenditures of about $9 billion. In February, the company initially provided adjusted EBIT guidance for the year of $7.0 billion to $8.5 billion and then withdrew that guidance in May due to tariff-related uncertainty. The company’s updated guidance reflects the strong underlying first half performance across Ford Blue, Ford Model e, Ford Pro and Ford Credit, and continued improvement in cost. The net tariff-related headwind of about $2 billion reflects a $3 billion gross adverse adjusted EBIT impact, offset partially by $1 billion of recovery actions.”