Ferrari (RACE) Financials

$474.64 +8.18 (+1.75%)

As of 02:48 PM Eastern

Annual Income Statements for Ferrari

This table shows Ferrari's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	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
Net Income / (Loss) Attributable to Common Shareholders	313	419	643	898	781	743	940	998	1,385	1,575
Consolidated Net Income / (Loss)	315	421	646	900	784	744	943	1,005	1,391	1,579
Net Income / (Loss) Continuing Operations	315	421	646	900	784	744	943	1,005	1,391	1,579
Total Pre-Tax Income	472	597	896	919	982	815	1,180	1,260	1,773	1,955
Total Operating Income	483	626	931	946	1,030	875	1,217	1,313	1,789	1,954
Total Gross Profit	1,473	1,605	2,121	2,057	2,201	2,166	2,479	2,617	3,290	3,465
Total Revenue	3,101	3,267	4,105	3,915	4,227	4,226	4,834	5,451	6,604	6,911
Operating Revenue	3,101	3,267	4,105	3,915	4,227	4,226	4,834	5,451	6,604	6,911
Total Cost of Revenue	1,629	1,662	1,983	1,857	2,026	2,060	2,355	2,834	3,314	3,446
Operating Cost of Revenue	1,629	1,662	1,983	1,857	2,026	2,060	2,355	2,834	3,314	3,446
Total Operating Expenses	990	982	1,193	1,114	1,175	1,297	1,270	1,311	1,508	1,519
Selling, General & Admin Expense	368	311	395	375	385	411	394	458	512	581
Research & Development Expense	610	646	789	736	785	864	869	830	975	925
Other Operating Expenses / (Income)	12	26	8.25	3.66	5.60	23	6.29	23	21	13
Total Other Income / (Expense), net	-11	-29	-35	-27	-47	-60	-38	-53	-17	1.25
Income Tax Expense	157	176	251	19	198	71	237	255	382	376
Net Income / (Loss) Attributable to Noncontrolling Interest	-2.43	-1.01	-2.41	-2.23	-3.24	-1.30	-2.68	-7.15	-5.98	-4.18
Basic Earnings per Share	$1.52	$2.11	$3.40	$4.16	$3.73	$3.29	$4.50	$5.47	$7.64	$8.77
Weighted Average Basic Shares Outstanding	-	-	188.95M	187.92M	185.28M	369.50M	247.19M	245.30M	243.75M	242.38M
Diluted Earnings per Share	$1.52	$2.11	$3.39	$4.14	$3.71	$3.28	$4.50	$5.45	$7.63	$8.76
Weighted Average Diluted Shares Outstanding	-	-	188.95M	187.92M	185.28M	369.50M	247.19M	245.30M	243.75M	242.38M
Weighted Average Basic & Diluted Shares Outstanding	-	-	188.95M	187.92M	185.28M	369.50M	247.19M	245.30M	243.75M	242.38M

No quarterly income statements for Ferrari are available.

This table details how cash moves in and out of Ferrari's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	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
Net Change in Cash & Equivalents	53	289	228	167	117	567	90	48	-295	642
Net Cash From Operating Activities	-768	-1,058	796	1,069	1,466	1,024	1,220	1,501	1,899	1,994
Net Cash From Continuing Operating Activities	768	1,058	796	1,069	1,466	1,024	1,220	1,658	2,011	2,095
Net Income / (Loss) Continuing Operations	472	597	896	919	982	815	943	1,005	1,391	1,579
Consolidated Net Income / (Loss)	472	597	896	919	982	815	943	1,005	1,391	1,579
Depreciation Expense	299	261	313	330	395	521	516	584	733	690
Amortization Expense	11	29	35	27	47	60	-	143	163	151
Non-Cash Adjustments To Reconcile Net Income	-13	171	-448	-207	41	-372	-434	-330	-657	-702
Changes in Operating Assets and Liabilities, net	-	-	-	-	-	-	195	255	382	376
Net Cash From Investing Activities	-345	-337	-456	-729	-787	-865	-394	-862	-958	-1,022
Net Cash From Continuing Investing Activities	-345	-337	-456	-729	-787	-865	-394	-862	-958	-1,022
Purchase of Property, Plant & Equipment	-387	-360	-470	-731	-792	-866	-399	-861	-961	-1,024
Purchase of Investments	-	-	-	-	-	0.00	-	-1.46	0.00	0.00
Sale of Property, Plant & Equipment	42	3.08	4.40	1.59	5.09	1.18	4.99	0.62	2.72	2.11
Net Cash From Financing Activities	-382	-432	-102	-174	-563	415	-737	-592	-1,227	-336
Net Cash From Continuing Financing Activities	-382	-432	-102	-174	-563	415	-737	-748	-1,340	-436
Repayment of Debt	2,302	-1,263	0.00	-9.14	-340	22	-643	-84	-756	-151
Repurchase of Preferred Equity	-9.24	0.00	0.00	-115	-434	-159	-261	-424	-510	-601
Payment of Dividends	-59	-18	-1.46	-155	-219	-258	-183	-269	-369	-460
Issuance of Debt	-12	281	43	104	434	834	350	46	315	799
Other Financing Activities, net	-2,604	52	-144	0.00	-4.37	-24	-	-18	-20	-23
Effect of Exchange Rate Changes	10	1.29	-10	1.09	0.89	-6.61	-	0.41	-8.52	5.64

No quarterly cash flow statements for Ferrari are available.

This table presents Ferrari's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	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
Total Assets	4,050	4,974	5,553	6,112	7,650	7,768	8,308	8,906	9,830
Total Current Assets	1,986	2,500	2,835	2,964	3,758	3,807	4,228	4,409	5,196
Cash & Equivalents	482	778	908	1,008	1,664	1,521	1,486	1,241	1,803
Note & Lease Receivable	831	880	1,005	1,085	1,148	1,295	1,498	1,605	1,720
Accounts Receivable	257	288	242	260	225	209	249	289	361
Inventories, net	341	473	448	471	563	612	722	1,049	1,126
Other Current Assets	74	73	85	117	142	154	257	212	168
Plant, Property, & Equipment, net	704	853	973	1,200	1,498	1,532	0.00	0.00	0.00
Total Noncurrent Assets	1,360	1,621	1,744	1,948	2,394	2,430	2,520	2,755	2,741
Long-Term Investments	36	36	37	43	52	62	64	75	84
Goodwill	826	943	899	881	959	889	840	869	813
Intangible Assets	373	529	739	940	1,196	1,288	1,399	1,570	1,600
Noncurrent Deferred & Refundable Income Taxes	126	113	70	83	186	191	218	241	245
Total Liabilities & Shareholders' Equity	4,050	4,974	5,553	6,112	7,650	7,768	8,308	8,906	9,830
Total Liabilities	3,703	4,033	4,003	4,443	5,464	5,265	5,524	5,510	6,163
Total Current Liabilities	691	765	757	807	891	1,031	1,029	1,128	1,018
Accounts Payable	647	730	748	799	872	903	966	1,029	979
Current Deferred & Payable Income Tax Liabilities	44	35	8.74	7.97	19	128	63	99	39
Total Noncurrent Liabilities	3,012	3,268	3,246	3,637	4,573	4,234	4,495	4,382	5,145
Long-Term Debt	1,944	2,170	2,206	2,345	3,329	2,977	3,008	2,740	3,470
Noncurrent Deferred & Payable Income Tax Liabilities	14	13	45	92	139	109	135	151	114
Noncurrent Employee Benefit Liabilities	96	101	99	99	73	115	119	136	139
Other Noncurrent Operating Liabilities	959	984	897	1,100	1,032	1,035	1,233	1,354	1,423
Total Equity & Noncontrolling Interests	347	942	1,549	1,669	2,186	2,503	2,784	3,397	3,668
Total Preferred & Common Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Noncontrolling Interest	347	942	1,549	1,669	2,186	2,503	2,784	3,397	3,668

This table presents Ferrari's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q4 2022	Q4 2023	Q4 2024
Period end date	12/31/2022	12/31/2023	12/31/2024
Total Assets	8,308	8,906	9,830
Total Current Assets	4,228	4,409	5,196
Cash & Equivalents	1,486	1,241	1,803
Note & Lease Receivable	1,498	1,605	1,720
Accounts Receivable	249	289	361
Inventories, net	722	1,049	1,126
Other Current Assets	257	212	168
Plant, Property, & Equipment, net	0.00	0.00	0.00
Total Noncurrent Assets	2,520	2,755	2,741
Long-Term Investments	64	75	84
Goodwill	840	869	813
Intangible Assets	1,399	1,570	1,600
Noncurrent Deferred & Refundable Income Taxes	218	241	245
Total Liabilities & Shareholders' Equity	8,308	8,906	9,830
Total Liabilities	5,524	5,510	6,163
Total Current Liabilities	1,029	1,128	1,018
Accounts Payable	966	1,029	979
Current Deferred & Payable Income Tax Liabilities	63	99	39
Total Noncurrent Liabilities	4,495	4,382	5,145
Long-Term Debt	3,008	2,740	3,470
Noncurrent Deferred & Payable Income Tax Liabilities	135	151	114
Noncurrent Employee Benefit Liabilities	119	136	139
Other Noncurrent Operating Liabilities	1,233	1,354	1,423
Total Equity & Noncontrolling Interests	2,784	3,397	3,668
Total Preferred & Common Equity	0.00	0.00	0.00
Total Common Equity	0.00	0.00	0.00
Noncontrolling Interest	2,784	3,397	3,668

This table displays calculated financial ratios and metrics derived from Ferrari's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	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
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	5.32%	25.65%	-4.63%	7.98%	-0.01%	14.37%	12.77%	21.16%	4.65%
EBITDA Growth	0.00%	15.58%	39.73%	1.85%	12.92%	-1.08%	19.05%	17.70%	31.59%	4.11%
EBIT Growth	0.00%	29.67%	48.79%	1.55%	8.84%	-15.03%	39.14%	7.87%	36.26%	9.22%
NOPAT Growth	0.00%	36.75%	52.10%	38.14%	-11.32%	-2.83%	21.85%	7.62%	34.08%	12.42%
Net Income Growth	0.00%	33.43%	53.52%	39.46%	-12.90%	-5.14%	26.77%	6.57%	38.43%	13.55%
EPS Growth	0.00%	38.82%	60.55%	22.21%	-10.39%	-11.59%	37.20%	21.01%	40.17%	14.73%
Operating Cash Flow Growth	0.00%	-37.62%	175.28%	34.27%	37.11%	-30.14%	19.19%	23.01%	26.49%	5.02%
Free Cash Flow Firm Growth	0.00%	0.00%	111.06%	180.76%	61.54%	-105.37%	2,536.28%	160.59%	-55.91%	29.79%
Invested Capital Growth	0.00%	0.00%	29.51%	22.32%	5.45%	28.16%	2.60%	-31.58%	15.00%	8.97%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	47.49%	49.13%	51.69%	52.55%	52.07%	51.26%	51.28%	48.01%	49.82%	50.13%
EBITDA Margin	25.55%	28.04%	31.18%	33.30%	34.82%	34.45%	35.86%	37.43%	40.65%	40.45%
Operating Margin	15.57%	19.16%	22.69%	24.16%	24.36%	20.70%	25.18%	24.09%	27.09%	28.27%
EBIT Margin	15.57%	19.16%	22.69%	24.16%	24.36%	20.70%	25.18%	24.09%	27.09%	28.27%
Profit (Net Income) Margin	10.16%	12.87%	15.73%	23.00%	18.55%	17.60%	19.51%	18.43%	21.06%	22.85%
Tax Burden Percent	66.81%	70.45%	72.02%	97.97%	79.82%	91.28%	79.94%	79.75%	78.48%	80.78%
Interest Burden Percent	97.72%	95.34%	96.23%	97.15%	95.41%	93.14%	96.91%	95.96%	99.07%	100.06%
Effective Tax Rate	33.19%	29.55%	27.98%	2.03%	20.18%	8.72%	20.06%	20.25%	21.52%	19.22%
Return on Invested Capital (ROIC)	0.00%	49.73%	32.96%	36.29%	28.47%	23.62%	25.29%	31.91%	48.99%	49.28%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	46.85%	31.14%	34.27%	25.52%	19.86%	23.29%	25.28%	54.80%	48.97%
Return on Net Nonoperating Assets (RNNOA)	0.00%	192.67%	67.23%	35.99%	20.25%	14.97%	14.93%	6.10%	-3.98%	-4.56%
Return on Equity (ROE)	0.00%	242.40%	100.19%	72.28%	48.72%	38.59%	40.22%	38.01%	45.01%	44.72%
Cash Return on Invested Capital (CROIC)	0.00%	-150.27%	7.24%	16.21%	23.16%	-1.06%	22.72%	69.42%	35.04%	40.69%
Operating Return on Assets (OROA)	0.00%	15.46%	20.64%	17.97%	17.65%	12.71%	15.79%	16.34%	20.79%	20.86%
Return on Assets (ROA)	0.00%	10.38%	14.31%	17.10%	13.44%	10.81%	12.23%	12.50%	16.16%	16.86%
Return on Common Equity (ROCE)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Equity Simple (ROE_SIMPLE)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	323	441	671	927	822	799	973	1,047	1,404	1,578
NOPAT Margin	10.40%	13.50%	16.34%	23.67%	19.44%	18.89%	20.13%	19.21%	21.26%	22.84%
Net Nonoperating Expense Percent (NNEP)	0.00%	2.88%	1.82%	2.02%	2.95%	3.77%	2.00%	6.64%	-5.80%	0.31%
Return On Investment Capital (ROIC_SIMPLE)	-	19.25%	21.56%	24.68%	20.47%	14.48%	17.76%	18.08%	22.88%	22.12%
Cost of Revenue to Revenue	52.51%	50.87%	48.31%	47.45%	47.93%	48.74%	48.72%	51.99%	50.18%	49.87%
SG&A Expenses to Revenue	11.86%	9.51%	9.63%	9.57%	9.11%	9.72%	8.15%	8.40%	7.75%	8.40%
R&D to Revenue	19.67%	19.76%	19.23%	18.80%	18.56%	20.45%	17.98%	15.22%	14.77%	13.39%
Operating Expenses to Revenue	31.92%	30.06%	29.06%	28.46%	27.81%	30.70%	26.26%	24.04%	22.83%	21.98%
Earnings before Interest and Taxes (EBIT)	483	626	931	946	1,030	875	1,217	1,313	1,789	1,954
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	792	916	1,280	1,303	1,472	1,456	1,733	2,040	2,685	2,795
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.00	0.00	0.00	4.61	7.12	9.81	9.69	9.58	12.49	14.98
Price to Earnings (P/E)	0.00	0.00	0.00	20.08	38.55	55.85	49.83	52.36	59.56	65.74
Dividend Yield	0.00%	0.00%	0.00%	0.74%	0.64%	0.50%	0.34%	0.64%	0.54%	0.61%
Earnings Yield	0.00%	0.00%	0.00%	4.98%	2.59%	1.79%	2.01%	1.91%	1.68%	1.52%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	7.42	11.16	11.92	13.03	21.19	28.48	32.57
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	0.00	5.32	7.82	10.71	10.50	10.36	13.22	15.74
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	15.99	22.47	31.09	29.28	27.68	32.52	38.93
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	22.03	32.12	51.74	41.70	43.02	48.80	55.68
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	22.49	40.24	56.69	52.16	53.94	62.18	68.93
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	19.50	22.56	44.21	41.59	37.62	45.98	54.56
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	50.35	49.45	0.00	58.06	24.80	86.94	83.47
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	5.60	2.30	1.42	1.41	1.52	1.19	1.08	0.81	0.95
Long-Term Debt to Equity	0.00	5.60	2.30	1.42	1.41	1.52	1.19	1.08	0.81	0.95
Financial Leverage	0.00	4.11	2.16	1.05	0.79	0.75	0.64	0.24	-0.07	-0.09
Leverage Ratio	0.00	11.67	7.00	4.23	3.62	3.57	3.29	3.04	2.79	2.65
Compound Leverage Factor	0.00	11.13	6.74	4.11	3.46	3.33	3.19	2.92	2.76	2.65
Debt to Total Capital	0.00%	84.86%	69.73%	58.74%	58.42%	60.36%	54.32%	51.93%	44.65%	48.61%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	84.86%	69.73%	58.74%	58.42%	60.36%	54.32%	51.93%	44.65%	48.61%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	15.14%	30.27%	41.26%	41.58%	39.64%	45.68%	48.07%	55.35%	51.39%
Common Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Debt to EBITDA	0.00	2.12	1.70	1.69	1.59	2.29	1.72	1.47	1.02	1.24
Net Debt to EBITDA	0.00	1.56	1.06	0.97	0.88	1.11	0.80	0.71	0.53	0.57
Long-Term Debt to EBITDA	0.00	2.12	1.70	1.69	1.59	2.29	1.72	1.47	1.02	1.24
Debt to NOPAT	0.00	4.41	3.23	2.38	2.85	4.17	3.06	2.87	1.95	2.20
Net Debt to NOPAT	0.00	3.24	2.02	1.36	1.57	2.02	1.43	1.39	1.01	1.00
Long-Term Debt to NOPAT	0.00	4.41	3.23	2.38	2.85	4.17	3.06	2.87	1.95	2.20
Altman Z-Score	0.00	0.00	0.00	4.42	5.74	5.93	6.91	7.31	10.83	11.95
Noncontrolling Interest Sharing Ratio	0.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.00	2.88	3.27	3.75	3.68	4.22	3.69	4.11	3.91	5.10
Quick Ratio	0.00	2.27	2.54	2.85	2.92	3.41	2.94	3.14	2.78	3.82
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-1,333	147	414	669	-36	874	2,278	1,004	1,303
Operating Cash Flow to CapEx	-222.80%	-296.50%	170.94%	146.64%	186.30%	118.39%	309.95%	174.54%	198.12%	195.18%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.00	0.81	0.91	0.74	0.72	0.61	0.63	0.68	0.77	0.74
Accounts Receivable Turnover	0.00	12.73	15.08	14.78	16.85	17.44	22.25	23.80	24.56	21.25
Inventory Turnover	0.00	4.88	4.87	4.04	4.41	3.98	4.01	4.25	3.74	3.17
Fixed Asset Turnover	0.00	4.64	5.27	4.29	3.89	3.13	3.19	0.00	0.00	0.00
Accounts Payable Turnover	0.00	2.57	2.88	2.51	2.62	2.47	2.65	3.03	3.32	3.43
Days Sales Outstanding (DSO)	0.00	28.68	24.20	24.69	21.66	20.93	16.40	15.33	14.86	17.18
Days Inventory Outstanding (DIO)	0.00	74.86	74.90	90.45	82.78	91.61	91.02	85.88	97.53	115.21
Days Payable Outstanding (DPO)	0.00	142.07	126.69	145.22	139.33	147.99	137.56	120.36	109.88	106.35
Cash Conversion Cycle (CCC)	0.00	-38.53	-27.59	-30.08	-34.89	-35.45	-30.13	-19.15	2.50	26.04
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	0.00	1,774	2,297	2,810	2,963	3,798	3,897	2,666	3,066	3,341
Invested Capital Turnover	0.00	3.68	2.02	1.53	1.46	1.25	1.26	1.66	2.30	2.16
Increase / (Decrease) in Invested Capital	0.00	1,774	523	513	153	834	99	-1,231	400	275
Enterprise Value (EV)	0.00	0.00	0.00	20,842	33,068	45,267	50,754	56,482	87,308	108,805
Market Capitalization	0.00	0.00	0.00	18,032	30,105	41,470	46,858	52,239	82,487	103,555
Book Value per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Tangible Book Value per Share	$0.00	$0.00	($7.79)	($8.67)	($9.69)	($11.63)	($11.78)	($9.06)	($9.94)	($9.90)
Total Capital	0.00	2,291	3,111	3,755	4,014	5,514	5,480	5,792	6,137	7,137
Total Debt	0.00	1,944	2,170	2,206	2,345	3,329	2,977	3,008	2,740	3,470
Total Long-Term Debt	0.00	1,944	2,170	2,206	2,345	3,329	2,977	3,008	2,740	3,470
Net Debt	0.00	1,427	1,356	1,261	1,294	1,612	1,394	1,459	1,424	1,583
Capital Expenditures (CapEx)	345	357	466	729	787	865	394	860	958	1,022
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	813	957	1,170	1,150	1,202	1,255	1,714	2,040	2,375
Debt-free Net Working Capital (DFNWC)	0.00	1,295	1,735	2,078	2,158	2,866	2,776	3,200	3,281	4,178
Net Working Capital (NWC)	0.00	1,295	1,735	2,078	2,158	2,866	2,776	3,200	3,281	4,178
Net Nonoperating Expense (NNE)	7.37	21	25	26	38	55	30	42	13	-1.01
Net Nonoperating Obligations (NNO)	0.00	1,427	1,356	1,261	1,294	1,612	1,394	-118	-331	-327
Total Depreciation and Amortization (D&A)	310	290	348	357	442	581	516	727	896	841
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	24.90%	23.32%	29.89%	27.20%	28.43%	25.96%	31.44%	30.89%	34.36%
Debt-free Net Working Capital to Revenue	0.00%	39.64%	42.27%	53.09%	51.04%	67.81%	57.43%	58.70%	49.68%	60.45%
Net Working Capital to Revenue	0.00%	39.64%	42.27%	53.09%	51.04%	67.81%	57.43%	58.70%	49.68%	60.45%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$2.83	$4.16	$4.19	$3.29	$4.50	$5.11	$6.91	$8.77
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	188.95M	187.92M	185.28M	184.75M	247.19M	245.30M	243.75M	242.38M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$2.82	$4.14	$4.16	$3.28	$4.50	$5.09	$6.90	$8.76
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	188.95M	187.92M	185.28M	184.75M	247.19M	245.30M	243.75M	242.38M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	188.95M	187.92M	185.28M	184.75M	247.19M	245.30M	243.75M	242.38M
Normalized Net Operating Profit after Tax (NOPAT)	323	441	671	927	822	799	973	1,047	1,404	1,578
Normalized NOPAT Margin	10.40%	13.50%	16.34%	23.67%	19.44%	18.89%	20.13%	19.21%	21.26%	22.84%
Pre Tax Income Margin	15.21%	18.27%	21.84%	23.48%	23.24%	19.28%	24.40%	23.12%	26.84%	28.29%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	18.60%	4.30%	0.23%	17.18%	27.88%	34.66%	19.38%	26.81%	26.52%	29.14%
Augmented Payout Ratio	18.60%	4.30%	0.23%	17.18%	27.88%	34.66%	19.38%	26.81%	26.52%	29.14%

No quarterly metrics and ratios for Ferrari are available.

Frequently Asked Questions About Ferrari's Financials

When does Ferrari's fiscal year end?

According to the most recent income statement we have on file, Ferrari's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Ferrari's net income changed over the last 9 years?

Ferrari's net income appears to be on an upward trend, with a most recent value of $1.58 billion in 2024, rising from $315.16 million in 2015. The previous period was $1.39 billion in 2023. See Ferrari's forecast for analyst expectations on what’s next for the company.

What is Ferrari's operating income?

Ferrari's total operating income in 2024 was $1.95 billion, based on the following breakdown:

Total Gross Profit: $3.46 billion
Total Operating Expenses: $1.52 billion

How has Ferrari revenue changed over the last 9 years?

Over the last 9 years, Ferrari's total revenue changed from $3.10 billion in 2015 to $6.91 billion in 2024, a change of 122.8%.

How much debt does Ferrari have?

Ferrari's total liabilities were at $6.16 billion at the end of 2024, a 11.9% increase from 2023, and a 66.4% increase since 2016.

How much cash does Ferrari have?

In the past 8 years, Ferrari's cash and equivalents has ranged from $481.59 million in 2016 to $1.80 billion in 2024, and is currently $1.80 billion as of their latest financial filing in 2024.

How has Ferrari's book value per share changed over the last 9 years?

Over the last 9 years, Ferrari's book value per share changed from 0.00 in 2015 to 0.00 in 2024, a change of 0.0%.

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This page (NYSE:RACE) was last updated on 5/6/2025 by MarketBeat.com Staff

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Ferrari (RACE) Financials

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Ferrari (RACE) Financials

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