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FCZ Ford Motor Credit

Ford Motor Credit Company LLC was incorporated in Delaware in 1959 and converted to a limited liability company in 2007. We are an indirect, wholly owned subsidiary of Ford Motor Company (“Ford”). Our principal executive offices are located at One American Road, Dearborn, Michigan 48126, and our telephone number is (313) 322-3000.

Company profile

Ticker
FCZ
Exchange
Employees
Incorporated
Location
Fiscal year end
Former names
FORD MOTOR CREDIT CO
SEC CIK

Calendar

28 Jul 21
3 Aug 21
31 Dec 21
Quarter (USD)
Jun 21 Mar 21 Dec 20 Sep 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Dec 20 Dec 19 Dec 18 Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Financial report summary

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Management Discussion
  • Our second quarter 2021 EBT was $1,623 million, $1,080 million higher than a year ago, primarily reflecting favorable operating lease residual performance as well as the release of retail COVID-19 credit loss reserves. ROE was 46.9%, 34.6 percentage points higher than a year ago as a result of higher EBT. Total net receivables were $12.6 billion lower than a year ago, a 10% decline. The loss-to-receivables ratio remained at a low level in the second quarter, at negative 7 basis points, 22 basis points lower than a year ago. The negative LTR reflects historically low losses and strong net recoveries during the second quarter. Second quarter 2021 United States auction values were 39% higher than a year ago.
Content analysis
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Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
8th grade Avg
New words: announced, approval, approved, comprehensive, contingent, core, efficacy, employee, expenditure, explicit, integrated, launch, multiple, occurrence, reclassification, refined, transfer, voluntary, winding
Removed: consistently, duration, forecasting, fourth, performing, scope

Proxies

No filings