RACE
Ferrari NV
NYSE: RACE · CONSUMER CYCLICAL · AUTO MANUFACTURERS
$337.54
-1.51% today
Updated 2026-04-29
Market cap
$61.27B
P/E ratio
33.11
P/S ratio
8.57x
EPS (TTM)
$10.49
Dividend yield
1.22%
52W range
$309 – $513
Volume
0.6M
Ferrari NV (RACE) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Revenue growth (YoY) | — | +4.9% | +18.3% | +3.3% | +8.8% | +10.0% | +0.1% | +10.1% | -8.1% | +23.4% | +19.3% | +17.2% | +11.8% | +7.0% |
| 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 | 46.1% | 47.1% | 45.5% | 47.5% | 49.1% | 51.7% | 52.6% | 52.1% | 51.3% | 51.3% | 48.0% | 49.8% | 50.1% | 51.7% |
| 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 | $919.00M |
| SG&A | — | $1.02B | $877.52M | $338.63M | $295.24M | $329.06M | $327.34M | $343.18M | $164.23M | $179.56M | $200.99M | $226.14M | $272.61M | $293.10M |
| 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 | $2.11B |
| Operating margin | 14.5% | 14.8% | 14.4% | 16.5% | 19.2% | 22.7% | 24.2% | 24.4% | 21.1% | 25.2% | 24.4% | 27.3% | 28.3% | 29.5% |
| EBITDA | $475.09M | $516.21M | $561.72M | $610.75M | $740.51M | $939.52M | $1.11B | $1.27B | $1.14B | $1.53B | $1.77B | $2.29B | $2.59B | $2.39B |
| EBITDA margin | 21.4% | 22.1% | 20.3% | 21.4% | 23.8% | 27.5% | 32.6% | 33.8% | 32.9% | 35.8% | 34.8% | 38.4% | 38.9% | 33.5% |
| EBIT | $237.55M | $245.96M | $272.74M | $335.99M | $596.85M | $779.42M | $825.96M | $919.73M | $712.61M | $1.07B | $1.23B | $1.63B | $1.93B | $2.11B |
| Interest expense | $898000.00 | $423000.00 | $1.66M | $16.68M | $30.41M | $35.70M | $25.68M | $47.89M | $50.22M | $38.40M | $54.20M | $36.12M | $46.81M | $41.17M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| 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 growth (YoY) | — | +6.8% | +8.6% | +10.1% | +38.5% | +34.3% | +46.6% | -11.3% | -12.6% | +36.7% | +12.3% | +34.3% | +21.6% | +4.9% |
| Profit margin | 10.1% | 10.3% | 9.5% | 10.1% | 12.8% | 15.7% | 22.9% | 18.5% | 17.6% | 19.5% | 18.3% | 21.0% | 22.8% | 22.3% |