Ferrari NV

RACE · NYSE · Consumer Cyclical / Auto Manufacturers

411.13USD+5.64 (+1.39%)

Price History

Full chart

Market Stats

Previous Close405.49

Open406.35

Day Range406.35 – 412.10

52-Week Range308.95 – 437.15

Volume400.56K

Market Cap68.96B

P/E (TTM)36.53

Forward P/E31.75

EPS10.77

Dividend Yield1.07%

Beta0.61

50-Day Avg404.58

200-Day Avg368.78

About

Ferrari N.V., through its subsidiaries, engages in design, engineering, production, and sale of luxury performance sports cars worldwide. It offers sports, track, one-off, and road cars, as well as supercars. The company also provides spare parts and engines, as well as after sales, repair, maintenance, and restoration services for cars; and licenses its Ferrari brand to various producers and retailers of luxury and lifestyle goods. In addition, it operates Ferrari museums in Modena and Maranello; Il Cavallino restaurant in Maranello; and theme parks in Abu Dhabi and Spain. Further, the company provides direct or indirect finance and leasing services; range of financial and ancillary services; special financing arrangements; and operates franchised and owned Ferrari stores. The company was founded in 1947 and is headquartered in Maranello, Italy.

Company Details

SectorConsumer Cyclical
IndustryAuto Manufacturers
CEOMr. Benedetto Vigna
Employees5.74K
HeadquartersVia Abetone Inferiore n. 4, Maranello, MO, Italy, 41053, USA
Websitehttps://www.ferrari.com

Leadership

Mr. John Jacob Philip ElkannExecutive Chairman · b. 1976
Mr. Benedetto VignaCEO & Executive Director · b. 1969
Mr. Antonio Picca PicconChief Financial Officer · b. 1964
Ms. Nicoletta RussoHead of Investor Relations
Mr. Carlo DaneoGeneral Counsel · b. 1968
Mr. Marco LovatiChief Internal Audit, Risk and Compliance Officer · b. 1972
Ms. Maria ContiChief Communication Officer · b. 1979
Mr. Massimiliano Di SilvestreChief Marketing & Commercial Officer
Mr. Michele AntoniazziChief Human Resources Officer · b. 1969
Mr. Flavio ManzoniChief Design Officer · b. 1965

Financials

Income Statement

Currency: EUR	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	2.23B	2.34B	2.76B	2.85B	3.11B	3.42B	3.42B	3.77B	3.46B	4.27B	5.10B	5.97B	6.68B	7.15B
Growth (%)	-	+4.95%	+18.29%	+3.33%	+8.78%	+10.04%	+0.10%	+10.12%	-8.15%	+23.44%	+19.30%	+17.17%	+11.83%	+7.03%
Cost of Revenue	1.20B	1.23B	1.51B	1.50B	1.58B	1.65B	1.62B	1.81B	1.69B	2.08B	2.65B	3.00B	3.33B	3.45B
Gross Profit	1.03B	1.10B	1.26B	1.36B	1.53B	1.77B	1.80B	1.96B	1.77B	2.19B	2.45B	2.97B	3.35B	3.69B
Gross Margin	46.12%	47.13%	45.49%	47.49%	49.13%	51.69%	52.55%	52.07%	51.26%	51.28%	48.01%	49.82%	50.13%	51.68%
Operating Expense	703.35M	754.39M	858.74M	883.63M	929.97M	991.78M	970.38M	1.04B	1.04B	1.12B	1.20B	1.34B	1.46B	1.60B
Operating Income	322.95M	346.24M	397.73M	471.94M	595.42M	774.25M	827.04M	918.91M	729.96M	1.07B	1.24B	1.63B	1.89B	2.10B
Operating Margin	14.51%	14.83%	14.40%	16.53%	19.18%	22.66%	24.18%	24.40%	21.10%	25.15%	24.39%	27.30%	28.34%	29.35%
EBITDA	475.09M	516.21M	561.72M	610.75M	844.57M	1.04B	1.11B	1.27B	1.14B	1.53B	1.77B	2.29B	2.59B	2.77B
EBITDA Margin	21.35%	22.10%	20.33%	21.40%	27.20%	30.44%	32.59%	33.76%	32.93%	35.82%	34.78%	38.44%	38.86%	38.72%
Net Income	225.40M	240.77M	261.37M	287.82M	398.76M	535.39M	784.68M	695.82M	607.82M	830.77M	932.61M	1.25B	1.52B	1.60B
Net Income Margin	10.13%	10.31%	9.46%	10.08%	12.84%	15.67%	22.94%	18.47%	17.57%	19.45%	18.30%	20.97%	22.79%	22.35%
R&D	431.46M	479.29M	540.83M	561.58M	613.63M	657.12M	643.04M	699.21M	707.38M	768.10M	775.57M	881.56M	894.09M	918.86M
R&D as % of Total Revenue	19.39%	20.52%	19.58%	19.67%	19.76%	19.23%	18.80%	18.56%	20.45%	17.98%	15.22%	14.77%	13.39%	12.86%
Interest Expense	898.00K	423.00K	1.66M	16.68M	30.41M	35.70M	25.68M	47.89M	50.22M	38.40M	54.20M	36.12M	46.81M	41.17M
Interest Expense % of Total Revenue	0.04%	0.02%	0.06%	0.58%	0.98%	1.04%	0.75%	1.27%	1.45%	0.90%	1.06%	0.60%	0.70%	0.58%

Balance Sheet

Currency: EUR	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	-	3.90B	4.64B	3.88B	3.85B	4.14B	4.85B	5.45B	7.66B	6.86B	7.77B	8.05B	9.50B	9.63B
Total Liabilities	-	1.58B	2.16B	3.89B	3.52B	3.36B	3.50B	3.96B	5.47B	4.65B	5.16B	4.98B	5.95B	5.71B
Total Equity	-	2.29B	2.47B	-19.40M	325.00M	783.94M	1.35B	1.49B	2.18B	2.21B	2.59B	3.06B	3.53B	3.91B
Cash	-	113.79M	134.28M	182.75M	457.78M	647.71M	793.66M	897.95M	1.67B	1.34B	1.39B	1.12B	1.74B	1.47B
Total Debt	-	317.30M	510.22M	3.18B	1.85B	1.81B	1.93B	2.51B	3.33B	2.63B	2.81B	2.48B	3.35B	2.88B
Net Debt	-	203.52M	375.94M	2.08B	1.39B	1.16B	1.13B	1.19B	1.67B	1.29B	1.42B	1.36B	1.61B	1.42B

Cash Flow

Currency: EUR	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	462.52M	454.01M	426.07M	707.27M	1.01B	662.80M	934.04M	1.31B	838.21M	1.28B	1.40B	1.72B	1.93B	4.18B
Investing Cash Flow	-257.65M	-267.34M	-289.78M	-317.07M	-320.46M	-379.44M	-636.94M	-701.07M	-708.03M	-732.74M	-805.41M	-866.45M	-987.11M	-1.64B
Financing Cash Flow	-194.39M	-163.47M	-121.62M	-351.27M	-411.04M	-85.06M	-152.09M	-501.53M	339.68M	-579.67M	-553.56M	-1.11B	-324.76M	-3.12B
Capital Expenditure	258.35M	270.90M	330.00M	355.94M	341.99M	391.41M	638.34M	705.61M	709.00M	737.14M	804.62M	868.91M	989.15M	1.52B
Free Cash Flow	204.17M	183.11M	96.07M	351.32M	663.31M	271.39M	295.70M	600.48M	129.22M	545.58M	598.72M	847.73M	937.50M	2.66B
Dividends Paid	-	-	86.91M	111.31M	86.91M	119.98M	133.09M	192.66M	208.10M	160.10M	249.52M	328.63M	439.92M	1.06B
FCF to OCF	44.14%	40.33%	22.55%	49.67%	65.98%	40.95%	31.66%	45.98%	15.42%	42.53%	42.66%	49.38%	48.66%	63.59%
Dividend Paid to FCF	-	-	90.46%	31.68%	13.10%	44.21%	45.01%	32.08%	161.05%	29.34%	41.68%	38.77%	46.92%	40.03%

Earnings

Report Date	Nov 5, 2015	Feb 2, 2016	May 2, 2016	Aug 5, 2016	Nov 7, 2016	Feb 2, 2017	May 4, 2017	Aug 2, 2017	Nov 2, 2017	Feb 1, 2018	May 3, 2018	Aug 1, 2018	Nov 5, 2018	Jan 31, 2019	May 7, 2019	Aug 2, 2019	Nov 4, 2019	Feb 4, 2020	May 4, 2020	Aug 3, 2020	Nov 3, 2020	Feb 2, 2021	May 4, 2021	Aug 2, 2021	Nov 2, 2021	Feb 2, 2022	May 4, 2022	Aug 2, 2022	Nov 2, 2022	Feb 2, 2023	May 4, 2023	Aug 2, 2023	Nov 2, 2023	Feb 1, 2024	May 7, 2024	Aug 1, 2024	Nov 5, 2024	Feb 4, 2025	May 6, 2025	Jul 31, 2025	Nov 3, 2025	Feb 10, 2026	May 4, 2026	Jul 30, 2026	Nov 3, 2026
EPS Estimate	-	0.35	0.30	0.44	0.51	0.53	0.53	0.69	0.68	0.71	0.72	0.80	0.97	0.78	0.79	0.94	0.86	0.98	0.86	0.12	0.80	1.00	1.07	1.01	0.99	1.03	1.19	1.21	1.16	1.16	1.44	1.70	1.57	1.51	1.86	2.04	2.00	1.82	2.25	2.31	2.04	2.20	2.37	2.83	2.66
EPS Actual	0.55	0.36	0.41	0.55	0.59	0.69	0.65	0.72	0.74	0.71	0.78	0.84	0.77	1.00	0.95	0.96	0.90	0.90	0.90	0.04	0.92	1.01	1.11	1.11	1.11	1.16	1.29	1.36	1.23	1.21	1.62	1.83	1.82	1.62	1.95	2.29	2.08	2.14	2.30	2.38	2.14	2.14	2.33	3.05	-
Surprise	-	2.86%	36.67%	25.00%	15.69%	30.19%	22.64%	4.35%	8.82%	0.00%	8.33%	5.00%	-20.62%	28.21%	20.25%	2.13%	4.65%	-8.16%	4.65%	-66.67%	15.00%	1.00%	3.74%	9.90%	12.12%	12.62%	8.40%	12.40%	6.03%	4.31%	12.50%	7.65%	15.92%	7.28%	4.84%	12.25%	4.00%	17.58%	2.22%	3.03%	4.90%	-2.73%	-1.69%	7.77%	-
Timing	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	Pre-market	After-hours	Pre-market	Pre-market	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	Pre-market	After-hours	Pre-market	Pre-market

Key Statistics & Ratios

Market Cap68.96B

Enterprise Value70.30B

Trailing P/E36.53

Forward P/E31.75

PEG Ratio3.44

Price / Sales9.38

Price / Book16.65

EPS10.77

Book Value23.36

Revenue (TTM)7.35B

Gross Profit (TTM)3.80B

EBITDA2.47B

Profit Margin22.25%

Operating Margin31.07%

Return on Equity45.44%

Return on Assets13.61%

Shares Outstanding175.27M

Shares Float173.55M

Beta0.61

Dividend Yield1.07%

Dividend Rate4.23

Payout Ratio44.02%

Analyst Ratings

Strong Buy

Based on 12 analystsTarget 451.80

Strong Buy
7
Buy
4
Hold
1

Ownership Breakdown

Institutions: 46.46%
Insiders: 32.28%
Retail / Other: 21.26%

Top Institutional Holders

Baillie Gifford & Co Limited.
3.57M2.01%
Vanguard Capital Management, LLC
3.54M2.00%
Morgan Stanley - Brokerage Accounts
3.20M1.80%
Amundi
3.06M1.73%
Bank of New York Mellon Corp
2.56M1.44%
Bank Of Italy
2.42M1.37%
JPMorgan Chase & Co
2.41M1.36%
Viking Global Investors LP
2.20M1.24%
NORGES BANK
2.11M1.19%
AllianceBernstein L.P.
1.70M0.96%
UBS Group AG
1.38M0.78%
Deutsche Bank AG
1.11M0.63%
BNP Paribas Investment Partners SA
1.06M0.60%
Manufacturers Life Insurance Co
1.04M0.59%
Vanguard Fiduciary Trust Co
1.04M0.58%
The Goldman Sachs Group Inc
979.52K0.55%

Top Fund Holders

Vanguard Total Intl Stock Index Inv
1.73M0.98%
Vanguard International Growth Inv
1.28M0.72%
Vanguard Developed Markets Index Admiral
1.14M0.64%
Scottish Mortgage Ord
1.09M0.61%

Dividends

20261×

4.25Apr 21, 2026

20252×

3.13Apr 23, 20253.44Apr 22, 2025

20241×

2.60Apr 22, 2024

20231×

1.99Apr 24, 2023

20221×

1.47Apr 19, 2022

20211×

1.04Apr 19, 2021

20201×

1.23Apr 20, 2020

20191×

1.16Apr 23, 2019

20181×

0.87Apr 23, 2018

20171×

0.68Apr 24, 2017

20161×

0.52May 23, 2016