Last Price$464.2(0.1%)
Market Cap$85.0B
$7,223.4M
+11.8% YoY
$1,648.3M
+21.7% YoY
($1,554.5M)
Net Debt to FCF - (2.1x)
$778.4M
10.8% margin
RACE Income Statement
RACE Income Statement Overview
Annual
Quarterly
LTM
Dec'14
Dec'15
Dec'16
Dec'17
Dec'18
Dec'19
Dec'20
Dec'21
Dec'22
Dec'23
$6,456.0M 17.2% YoY
Cost of revenue
$3,239.7M 13.1% YoY
Pre-tax income
$1,732.7M 36.1% YoY
26.8% margin
RACE Income statement key metrics
Annual
Quarterly
LTM
RACE Balance Sheet
RACE Balance Sheet Overview
Annual
Quarterly
LTM
Dec'14
Dec'15
Dec'16
Dec'17
Dec'18
Dec'19
Dec'20
Dec'21
Dec'22
Dec'23
Assets
Liabilities
Total assets
$8,886.6M
Current assets ($4,399.6M, 49.5% of total)
$1,244.5M (14.0%)
$288.5M (3.2%)
Other current assets
$2,866.5M (32.3%)
Non-current assets ($4,487.1M, 50.5% of total)
$74.7M (0.8%)
$1,306.2M (14.7%)
$55.0M (0.6%)
Other non-current assets
$3,051.2M (34.3%)
Financial position
$690.1M
Cash & Short-term
Investments
Total Debt
RACE Balance Sheet Metrics
Annual
Quarterly
LTM
RACE Cash Flow Statement
RACE Cash Flow Statement Overview
Annual
Quarterly
LTM
Dec'14
Dec'15
Dec'16
Dec'17
Dec'18
Dec'19
Dec'20
Dec'21
Dec'22
Dec'23
($288.6M) Net Change in Cash
RACE Cash Flow Statement key metrics
Annual
Quarterly
LTM
Operating Cash Flow (OCF)
$1,856.3M +22.3% YoY
Capital Expenditure (CAPEX)
($939.6M) +8.0% YoY
Free Cash Flow (FCF)
$916.7M +41.6% YoY
RACE Financials
USD
EUR
Millions
Billions
Annual
Quarterly
Trailing
Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
| Dec'12 | Dec'13 | Dec'14 | Dec'15 | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
% growth | 2,861.0 0.0% | 3,102.1 8.4% | 3,670.1 18.3% | 3,169.5 (13.6%) | 3,435.9 8.4% | 3,858.5 12.3% | 4,038.5 4.7% | 4,216.4 4.4% | 3,950.0 (6.3%) | 5,051.4 27.9% | 5,369.4 6.3% | 6,456.0 20.2% |
| Cost of Goods Sold (COGS) | 1,541.5 | 1,640.0 | 2,000.8 | 1,664.3 | 1,748.0 | 1,864.2 | 1,916.2 | 2,020.9 | 1,925.2 | 2,460.9 | 2,791.5 | 3,239.7 |
% margin | 1,319.5 46.1% | 1,462.0 47.1% | 1,669.4 45.5% | 1,505.2 47.5% | 1,687.9 49.1% | 1,994.3 51.7% | 2,122.3 52.6% | 2,195.5 52.1% | 2,024.7 51.3% | 2,590.6 51.3% | 2,577.9 48.0% | 3,216.3 49.8% |
| Operating Expenses | 866.9 | 981.9 | 1,117.3 | 999.6 | 1,005.7 | 1,113.7 | 1,145.8 | 1,166.9 | 1,191.4 | 1,320.1 | 1,268.3 | 1,467.3 |
| Research & Development Expenses (R&D) | 554.7 | 636.7 | 718.6 | 623.6 | 679.0 | 742.1 | 759.3 | 782.7 | 807.6 | 908.5 | 817.3 | 953.3 |
| Selling, General & Administrative Expenses (SG&A) | 312.2 | 345.2 | 398.7 | 376.0 | 326.7 | 371.6 | 386.5 | 384.2 | 383.7 | 411.6 | 451.0 | 500.2 |
% margin | 452.6 15.8% | 486.1 15.7% | 526.9 14.4% | 505.6 16.0% | 682.2 19.9% | 880.6 22.8% | 976.5 24.2% | 1,028.7 24.4% | 818.9 20.7% | 1,278.1 25.3% | 1,298.2 24.2% | 1,749.0 27.1% |
| Interest Income | 4.6 | 3.2 | 9.4 | 7.2 | 3.0 | 7.3 | 2.5 | 6.5 | 1.3 | 6.1 | 4.8 | 27.9 |
| Interest Expense | 32.8 | 0.0 | 0.0 | 26.0 | 55.5 | 40.3 | 30.7 | 56.6 | 57.3 | 45.4 | 57.1 | 16.2 |
| Pre-tax Income | 430.2 | 486.7 | 529.1 | 482.1 | 627.8 | 842.6 | 948.1 | 979.9 | 761.5 | 1,232.7 | 1,241.1 | 1,732.7 |
% effective tax rate | 130.0 30.2% | 159.8 32.8% | 177.0 33.5% | 160.0 33.2% | 185.5 29.5% | 235.7 28.0% | 19.3 2.0% | 197.8 20.2% | 66.4 8.7% | 247.3 20.1% | 251.3 20.2% | 373.0 21.5% |
% margin | 289.8 10.1% | 319.8 10.3% | 347.3 9.5% | 319.6 10.1% | 441.3 12.8% | 604.6 15.7% | 926.5 22.9% | 778.9 18.5% | 693.9 17.6% | 982.6 19.5% | 982.8 18.3% | 1,353.9 21.0% |
| EPS | 1.53 | 1.69 | 1.83 | 1.69 | 2.33 | 3.20 | 4.91 | 4.18 | 3.76 | 5.32 | 5.37 | 7.46 |
| Diluted EPS | 1.53 | 1.69 | 1.83 | 1.69 | 2.33 | 3.18 | 4.89 | 4.15 | 3.74 | 5.32 | 5.36 | 7.46 |
% margin | 758.0 26.5% | 845.1 27.2% | 910.8 24.8% | 810.7 25.6% | 868.2 25.3% | 1,174.9 30.5% | 1,313.4 32.5% | 1,417.0 33.6% | 1,299.4 32.9% | 1,800.0 35.6% | 1,843.6 34.3% | 2,480.6 38.4% |
FAQ
What is the Ferrari N.V. (RACE) revenue?
The Ferrari N.V. (RACE) revenue is $6,456.0M, reflecting a year-over-year (YoY) growth of +17.2% YoY.
What is the Ferrari N.V. (RACE) Net Income?
The Ferrari N.V. (RACE) Net Income is $1,353.9M, showcasing a YoY growth of +34.3% YoY.
What is Ferrari N.V. (RACE) net debt?
What is the Ferrari N.V. (RACE) Free Cash Flow (FCF)?
The Ferrari N.V. (RACE) Free Cash Flow (FCF) stands at $916.7M, accounting for a 14.2% margin.