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2FE.FRA
Ferrari
Consumer Discretionary · Automobile Manufacturers
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.MoreShow less
HQ: ItalyListed: Germany

Profile & Fundamentals

Ferrari: Company identity, ownership, reported financial performance, balance sheets, and corporate actions.

Profile & Fundamentals

Ferrari Profile & Fundamentals

Examine company identity, ownership, reported performance, valuation, balance-sheet resilience, dividends, buybacks, and material corporate events.

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Profile & Fundamentals contents

Company and Market Context

Company Profile & Ownership

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.

2FE.FRA

Company profile record

Ferrari NV

Common Stock · Consumer Discretionary · Automobile Manufacturers

Official website

Company

Company / asset
Ferrari NV
Security type
Common Stock
Sector
Consumer Discretionary
Industry
Automobile Manufacturers
HQ
🇮🇹 Italy
Head office
Via Abetone Inferiore n. 4, Maranello, MO, Italy, 41053

Leadership & scale

Chief executive
Mr. Benedetto Vigna
CEO year born
1969
Full-time employees
5.7K
Fiscal year end
December

Fundamentals snapshot

Updated 2026-09-02
Market Cap
EUR 61.9B
P/E
37.8x
Revenue (Q2 26)
EUR 1.9B
Profit (Q2 26)
EUR 462.2M
Dividend Yield
0.8%
Revenue (FY 25)
EUR 7.1B
Shares in public float
173.5M
Insider ownership
32.28%

Reporting & identifiers

Symbol
2FE.FRA
Listing
🇩🇪 Germany | Dividend Tax: 26.38%
Ticker Currency
EUR
Income Statement Currency
EUR
Balance Sheet Currency
EUR
Cash Flow Currency
EUR
EPS Currency
EUR
Contract Type
SPOT
ISIN
NL0011585146
Asset ID
equity_1b132012-977f-520f-bf6a-ce0626e9fcc7

Ownership

Shares Outstanding

Latest: 180.1M | Max: 248.6M | Min: 180.1M

Shares Outstanding
313.3M235.0M156.6M78.3M0.00
180.1M
'19
'21
'23
'24

Latest reported ownership snapshot

As of Oct 1, 2026

Float Shares

96.35%

173.5M latest reported shares

Insider Ownership

32.28%

Latest reported insider stake

Short Float

--

Latest reported short interest / float

Source tablesView ownership tables

Shares Outstanding

Annual reported shares outstanding; up to 10 reporting dates.

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Shares outstanding — reported values
Reporting dateShares outstanding
2019-01-01248,630,200
2020-01-01248,094,800
2021-01-01183,843,400
2022-01-01181,953,500
2023-01-01180,418,100
2024-01-01180,116,100

Top Holders

Available reported ownership records.

No reported records are available in this preview.

Earnings, Profitability & Valuation

Earnings, Profitability & Valuation

Earnings & Revenue

Earnings and Revenue Trajectory

AI Review

Ferrari's latest financial results demonstrate that earnings growth is driven by rising prices rather than building more vehicles. In fiscal 2025, revenue increased 7% to 7.15 billion euros while operating profit surged nearly 12% to 2.10 billion euros, even though total car deliveries slightly declined. Results through mid-2026 confirmed this trend, with second-quarter revenue advancing over 8% on rich personalization options and special series allocations. The real financial highlight is exceptional cash generation. Industrial free cash flow reached 1.41 billion euros in 2025, representing an impressive 50% increase over the prior year. Customer deposits for multi-year waitlists effectively fund working capital, converting accounting profits directly into liquid cash.

Revenue, Net Income, and Free Cash Flow

Latest: EUR 7.1B | Max: EUR 7.1B | Min: EUR 129.2M

RevenueFree Cash FlowNet Income
EUR 9.0BEUR 6.8BEUR 4.5BEUR 2.3BEUR 0.00
7.1B
1.4B
1.6B
'16
'18
'20
'22
'24
'25

Valuation

P/E Ratio (TTM)iPublished valuation snapshots use the earnings basis recorded with each observation. Source tables retain that basis.

Latest: 36x

53x40x26x13x0x
50x
44x
36x
'21'23'25

Profitability & Margins

Margins and Operating Efficiency

AI Review

Profitability margins resemble an ultra-exclusive luxury fashion house rather than a traditional car manufacturer. Gross margins expanded to 51.7% in 2025, while operating margins reached 29.4% and climbed past 31% in interim 2026. This performance proves that affluent collectors gladly absorb price increases and spend heavily on custom options. Because the business enforces strict production caps, it never discounts its vehicles. Bespoke client customizations carry minimal incremental factory costs, allowing incremental revenues to drop straight to operating profits. This pricing power provides a structural shield that reliably protects corporate profitability against raw material inflation.

Profitability Margins

Latest: 51.7% | Max: 52.6% | Min: 12.8%

Gross MarginOperating MarginNet Margin
66.2%49.7%33.1%16.6%0.0%
51.7%
29.3%
22.3%
'16
'18
'20
'22
'24
'25

Latest Profitability Ratios as of 2025-12-31

Gross Margin

51.7%

Gross profit / revenue

Operating Margin

29.3%

Operating income / revenue

Net Margin

22.3%

Net income / revenue

FCF Margin

19.7%

Free cash flow / revenue

Source tablesView earnings, profitability & valuation tables

Revenue, Net Income, and Free Cash Flow

Annual reported results, using the source statement's recorded USD conversion. Up to 10 reporting periods; missing values are not estimated.

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Annual earnings and cash flow
Period endRevenue (USD)Net income (USD)Free cash flow (USD)
2016-12-313,291,389,040422,687,720Not reported
2017-12-314,066,099,100637,117,670322,952,910
2018-12-313,899,165,940894,532,920337,103,700
2019-12-314,218,608,800779,316,160672,538,720
2020-12-314,220,943,800741,536,740157,642,300
2021-12-314,868,819,160947,074,380621,964,620
2022-12-315,451,921,780997,896,980640,631,470
2023-12-316,567,160,6001,377,252,800833,556,900
2024-12-316,943,734,7201,582,752,080975,005,200
2025-12-318,360,548,5601,868,395,2301,645,160,400

Published P/E Ratio

Published valuation snapshots retain each observation's earnings basis.

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Published valuation snapshots
Period endP/E (times earnings)Earnings basis
2025-12-3136.04Trailing four quarters
2024-12-3149.04Trailing four quarters
2023-12-3144.38Trailing four quarters
2022-12-3139.23Annual net income
2021-12-3150.19Annual net income

Profitability Margins

Matching annual reporting dates. Values are percentages.

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Annual profitability margins
Period endGross margin (%)Operating margin (%)Net margin (%)Free cash flow margin (%)
2016-12-3149.1319.8612.84Not reported
2017-12-3151.6922.8215.677.94
2018-12-3152.5524.1822.948.65
2019-12-3152.0724.418.4715.94
2020-12-3151.2621.117.573.73
2021-12-3151.2825.1519.4512.77
2022-12-3148.0124.3918.311.75
2023-12-3149.8226.9920.9712.69
2024-12-3150.1328.1522.7914.04
2025-12-3151.6829.3522.3519.68

Public data excerpt created by iPulse AI and published by Future Edge Group FZE. Source: eodhd. Snapshot retrieved 2026-09-03.

Use is subject to the iPulse AI Terms of Service and applicable source rights. Missing inputs are not estimated. Full access includes the remaining records, research and interactive tools.

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