Ford Reports Record Full-Year Pre-Tax Profit of $10.8B

Spoiler alert: Ford Motor Company has reported its preliminary 2015 full year and fourth quarter financial results and they sound pretty good.

Highlights as follows:

• 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
• 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.

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