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● Ford NEWS ● Ford's Expectations for Better Full - Year 2021 Operating Results Driven by Strong Order Bank , Improving Semiconductor Supplies Company reports Q2 revenue of $ 26.8 billion , net income of $ 561 million and adjusted EBIT of $ 1.1 billion Raises anticipated full - year 2021 adjusted EBIT and adjusted free cash flow , respectively , to between $ 9 billion and $ 10 billion and between $ 4 billion and $ 5 billion Says U.S. customer - sold order bank exiting Q2 more than 7X a year ago , with new models to come sales " spring loaded " for growth when semiconductor supplies normalize f M www.twitter.com/ford www.facebook.com/ford www.instagram.com/ford www.medium.com/@ford DEARBORN , Mich . , July 28 , 2021 - Ford delivered better - than - expected operating results in the second quarter of 2021 , further rolling out its plan for the company's future , Ford + , while managing through semiconductor supply shortages . Market Share ( % ) Wholesale Units ( 000 ) " Ford + is about creating distinctive products and services , always - on customer relationships and user experiences that keep improving , " said Jim Farley , Ford's president and CEO . " And it's already happening - there are great examples everywhere you turn at Ford , and the benefits for our customers and company will really stack up over time . " Company Key Metrics Summary GAAP Cash Flows From Op . Activities ( $ B ) Revenue ( $ B ) Net Income / ( Loss ) ( $ B ) Net Income / ( Loss ) Margin ( % ) EPS ( Diluted ) Non - GAAP Company Adj . Free Cash Flow ( $ B ) Company Adj . EBIT ( $ B ) Company Adj . EBIT Margin ( % ) Adjusted EPS ( Diluted ) Adjusted ROIC ( Trailing Four Qtrs ) 2020 5.8 % 645 $ 9.1 19.4 1.1 5.8 % $ 0.28 $ ( 4.8 ) ( 1.9 ) ( 10.0 ) % $ ( 0.35 ) ( 3.1 ) % Second Quarter 2021 4.9 % 764 $ 0.8 26.8 0.6 2.1 % $ 0.14 ( 0 ) $ ( 5.1 ) 1.1 4.0 % $ 0.13 12.0 % H / ( L ) ( 0.9 ) ppts 18 % $ ( 8.4 ) 38 % ( 0.6 ) ( 3.7 ) ppts $ ( 0.14 ) $ ( 0.4 ) 3.0 14.0 ppts $ 0.48 15.1 ppts 2020 5.9 % 1,771 $ 8.6 53.7 ( 0.9 ) ( 1.6 ) % $ ( 0.22 ) $ ( 6.9 ) ( 2.6 ) ( 4.8 ) % $ ( 0.59 ) N / A First Half 2021 5.1 % 1,826 $ 5.2 63.0 3.8 6.1 % $ 0.95 $ ( 5.5 ) 5.9 9.4 % $ 1.01 N / A H / ( L ) ( 0.8 ) ppts 3 % $ ( 3.4 ) 17 % 4.7 7.7 ppts $ 1.17 $ 1.4 8.5 14.2 ppts $ 1.60 N / A ppts