Ferrari N.V.

RACE Consumer Cyclical Auto Manufacturers

Ferrari N.V.’s revenue for fiscal 2025 (year ended December 2025) was $8.1 billion, up 11.9% from fiscal 2024.

Revenue
+5.72%
EPS
+12.8%
Free cash flow
+30.0%
Total debt
+7.09%

Quarter to September 2026, against a year earlier

424.09 8.36 −1.93%
Market cap
$67.3B
P/E
38.2×
Fwd P/E
36.0×
Dividend yield
1.00%
F-score
8/9
Altman Z
8.63
Beneish M
−2.77
Dividend safety
88/100

Ferrari N.V. (RACE) Operating margin

Alert me on Operating margin

Ferrari N.V.'s operating margin over the twelve months to 30 September 2026 was 29.8%, up 0.3 percentage points from fiscal 2025 (29.5%). Over the past ten years it has ranged from 15.6% (fiscal 2015) to 29.5% (fiscal 2025) — the current reading is the highest in ten years. That is above the Auto Manufacturers industry median of −5.17% and above the Consumer Cyclical sector median of 3.88%.

Operating margin, annual

Embed this chart

Annual newest first

Period Operating margin Change (points)
FY2025 29.5% 1.25
FY2024 28.3% 1.18
FY2023 27.1% 3.00
FY2022 24.1% (1.09)
FY2021 25.2% 4.48
FY2020 20.7% (3.66)
FY2019 24.4% 0.20
FY2018 24.2% 1.47
FY2017 22.7% 3.53
FY2016 19.2% 3.59

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 29.7% (1.52)
Jun 2026 31.2% 1.57
Mar 2026 29.7% 1.06
Dec 2025 28.6% 0.15
43 more quarters

Against its own ten years

Low 15.6% High 29.5%
Ten-year median 24.2%
Current reading's percentile 100

Operating margin against peers

Company Operating margin
RACE Ferrari N.V. 29.8%
TM Toyota Motor Corporation compare 9.57%
HMC Honda Motor Co., Ltd. compare 6.94%
GM General Motors Company compare 2.32%
STLA Stellantis N.V. compare 1.56%
NIO NIO Inc. compare −3.21%
F Ford Motor Company compare −3.82%
LI Li Auto Inc. Sponsored ADR compare −6.51%
RIVN Rivian Automotive, Inc. compare −53.0%
Auto Manufacturers industry median −5.17%
Consumer Cyclical sector median 3.88%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

More on RACE