Ford's Earnings Miss: A Pattern of Failure?

Ford has beaten earnings estimates in three straight quarters, but its 2025 full-year EPS of $0.96 represents a 48% collapse from 2024. The company is retreating from electric vehicles to prioritize gasoline and hybrid models after significant losses, and its profitability has cratered despite strategic pivots and partnerships. Ford's 2.48% profit margin and 10.3% return on equity sit well below what capital-intensive manufacturing requires, exposing structural rot. Despite a 47% gain in the past year, the stock has barely moved over the past decade, trading at $13.60, barely above its 2016 level.