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Ferrari RACE

US equityMarket cap rank #206Auto Manufacturers
$411.57
−$1.48 (-0.36%)
Market open · Sep 24, 2:00 pm ET
After hours $413.05 0.00%
Open$414.35
Prev close$413.05
Day range$409.36 – $418.71
Volume167.8K
Market cap$79.19B
P/E (TTM)40.2
Dividend yield1.00%

Fundamentals

Latest reported quarter: Q2, ended Jun 2026 · reported in EUR

Revenue€1.94B+8.4% YoY
Operating profit€601.97M+9.5% YoY
Net profit€462.78M+8.9% YoY
Diluted EPS€2.62+10.1% YoY
Free cash flow€200.44M+28.6% YoY
Operating cash flow€436.30M

Revenue, last 8 quarters

€1.6BSep '24€1.7BDec '24€1.8BMar '25€1.8BJun '25€1.8BSep '25€1.8BDec '25€1.8BMar '26€1.9BJun '26

Net profit, last 8 quarters

€374.9MSep '24€385.5MDec '24€412.1MMar '25€425.1MJun '25€381.7MSep '25€380.7MDec '25€413.4MMar '26€462.8MJun '26

Diluted EPS by quarter

2.08Sep '242.15Dec '242.30Mar '252.38Jun '252.14Sep '252.14Dec '252.33Mar '262.62Jun '26

Free cash flow by quarter

€362.1MSep '24€217.9MDec '24€623.1MMar '25€155.9MJun '25€357.9MSep '25€269.2MDec '25€610.5MMar '26€200.4MJun '26

Annual revenue

€3.5BFY20€4.3BFY21€5.1BFY22€6.0BFY23€6.7BFY24€7.1BFY25

Profitability & balance sheet

Gross margin51.6%
Operating margin29.3%
Net margin22.3%
Return on equity45.4%
Return on assets16.5%
Return on invested capital24.4%
Current ratio1.80
Liabilities / assets64.1%
Cash & investments€1.49B
Total debt€3.13B
Net cash (debt)-€1.64B
Free cash flow / sales19.6%

This company reports in its own local currency, not U.S. dollars. Every figure below is labeled with its real currency, not automatically converted.

Income statement

Line item 2026 Q2
(EUR)
2026 Q1
(EUR)
2025 ANNUAL
(EUR)
2025 Q4
(EUR)
2025 Q3
(EUR)
Total Revenue as Reported €1.94B €1.85B €7.15B €1.80B €1.77B
Total Operating Revenue €1.94B €1.85B €7.15B €1.80B €1.77B
Cost of Revenue €918.65M €890.14M €3.45B €866.71M €882.18M
Gross Profit €1.02B €957.93M €3.69B €934.60M €883.98M
Operating Expense €417.15M €405.76M €1.60B €425.94M €384.70M
Selling and Admin Expenses €188.07M €160.58M €642.49M €173.12M €160.33M
-Selling & Marketing Expense €120.68M €90.63M €349.39M €85.47M €87.19M
-General & Admin Expense €67.40M €69.95M €293.10M €87.65M €73.15M
Research & Development €217.50M €245.18M €918.86M €238.91M €222.17M
Other Operating Expenses €11.58M – €34.30M €13.91M €2.20M
Operating Profit €601.97M €552.17M €2.10B €508.66M €499.27M
Net Non-Operating Interest Income (Expense) -€326,000.00 -€2.49M -€7.92M -€4.42M -€2.58M
Non-Operating Interest Income €1.86M €4.14M €20.42M €4.30M €4.76M
Non-Operating Interest Expense €7.68M €10.01M €41.17M €5.63M €10.53M
Total Other Finance Costs -€5.50M -€3.38M -€12.83M €3.09M -€3.20M
Other Income (Expense) -€625,000.00 -€12.84M -€25.59M -€3.25M -€7.31M
Gain on Sale of Security -€3.71M -€8.72M -€38.16M -€7.47M -€10.25M
Earnings from Equity Interest €3.09M €3.25M €12.57M €4.22M €2.94M
Pretax Profit €601.02M €536.83M €2.06B €500.99M €489.38M
Tax €138.23M €123.47M €464.12M €120.34M €107.66M
Net Profit €462.78M €413.36M €1.60B €380.65M €381.72M
Profit from Continuing Operations €462.78M €413.36M €1.60B €380.65M €381.72M
Minority Interests €540,000.00 €498,000.00 €2.60M €967,000.00 €392,000.00
Net Income to Parent Company €462.24M €412.86M €1.60B €379.69M €381.32M
Net Income to Common Stockholders €462.24M €412.86M €1.60B €379.69M €381.32M
Basic EPS €2.63 €2.33 €9.01 €2.14 €2.14
Diluted EPS €2.62 €2.33 €9.01 €2.14 €2.14
Dividend Per Share €3.62 €0.00 €2.99 €0.00 €0.00
Other Non-Operating Income (Expenses) – -€7.38M – – –

Balance sheet

Line item 2026 Q2
(EUR)
2026 Q1
(EUR)
2025 ANNUAL
(EUR)
2025 Q4
(EUR)
2025 Q3
(EUR)
Total Assets €10.21B €10.24B €9.63B €9.63B €9.48B
Total Current Assets €5.22B €5.35B €4.82B €4.82B €4.73B
Cash and Cash Equivalents & Short-Term Investments €1.49B €1.87B €1.47B €1.47B €1.43B
-Cash and Cash Equivalents €1.49B €1.86B €1.47B €1.47B €1.42B
-Short Term Investments €4.60M €10.12M €4.42M €4.42M €14.10M
Receivables €2.28B €2.10B €2.11B €2.11B €1.94B
-Accounts Receivable €464.17M €378.91M €360.34M €360.34M €349.95M
-Loans Receivable €1.80B €1.70B €1.61B €1.61B €1.56B
-Taxes Receivable €16.65M €14.30M €131.31M €131.31M €28.64M
Inventory €1.24B €1.15B €1.11B €1.11B €1.08B
Other Current Assets €188.23M €204.13M €7.77M €7.77M €185.94M
Total Non-Current Assets €5.00B €4.89B €4.80B €4.80B €4.75B
Net PPE €2.15B €2.12B €2.06B €2.06B €2.01B
-Gross PPE €2.15B – €5.40B €5.40B €2.01B
Investments and Advances €103.73M €98.92M €96.44M €96.44M €92.19M
-Available for Sale Securities €21.39M €19.66M €20.43M €20.43M €20.39M
-Long Term Equity Investment €82.34M €79.26M €76.01M €76.01M €71.80M
Goodwill and Other Intangible Assets €2.49B €2.44B €2.42B €2.42B €2.42B
-Goodwill €785.18M €785.18M €785.18M €785.18M €785.18M
-Other Intangible Assets €1.71B €1.66B €1.64B €1.64B €1.64B
Non-Current Deferred Assets €255.22M €226.60M €226.01M €226.01M €220.98M
Total Liabilities €6.55B €6.18B €5.71B €5.71B €5.70B
Total Current Liabilities €2.90B €1.88B €2.39B €2.39B €2.57B
Payables €1.17B €1.12B €923.96M €923.96M €1.05B
-Accounts Payable €991.20M €943.35M €841.26M €841.26M €864.66M
-Total Tax Payable €84.22M €84.76M €4.95M €4.95M €102.22M
-Other Payable €92.22M €90.94M €77.76M €77.76M €86.15M
Current Accrued Expenses €93.07M €94.73M €78.93M €78.93M €74.64M
Short-Term Debt and Capital Lease Obligation €942.01M – €962.31M €962.31M €928.81M
-Current Debt €910.15M – €930.96M €930.96M €896.07M
-Current Capital Lease Obligation €31.85M – €31.35M €31.35M €32.74M
Current Deferred Liabilities €700.82M €664.99M €424.59M €424.59M €512.74M
Total Non-Current Liabilities €3.65B €4.31B €3.32B €3.32B €3.13B
Long Term Debt and Capital Lease Obligation €2.22B €2.93B €1.92B €1.92B €1.94B
-Long Term Debt €2.10B €2.77B €1.79B €1.79B €1.81B
-Long Term Capital Lease Obligation €125.26M €161.34M €130.80M €130.80M €136.32M
Derivative Product Liabilities €50.08M €37.27M €7.41M €7.41M €4.01M
Non-Current Liabilities €169.85M €179.94M €184.48M €184.48M €184.19M
Non-Current Deferred Liabilities €1.03B €977.24M €1.03B €1.03B €854.40M
Employee Benefits €89.84M €128.67M €145.29M €145.29M €116.71M
Other Non-Current Liabilities €83.01M €53.14M €35.81M €35.81M €31.51M
Total Equity €3.66B €4.05B €3.91B €3.91B €3.78B
Stockholders' Equity €3.66B €4.05B €3.91B €3.91B €3.77B
Capital Stock €2.57M €2.57M €2.57M €2.57M €2.57M
-Common Stock €2.57M €2.57M €2.57M €2.57M €2.57M
Retained Earnings €3.64B €4.02B €3.82B €3.82B €3.67B
Gains/Losses Not Affecting Retained Earnings €13.10M €28.28M €79.88M €79.88M €101.83M
Minority Interests €6.24M €5.78M €7.85M €7.85M €5.94M
Prepaid Assets – – €51.86M €51.86M –
-Accumulated Depreciation – – -€3.34B -€3.34B –

Cash flow

Line item 2026 Q2
(EUR)
2026 Q1
(EUR)
2025 ANNUAL
(EUR)
2025 Q4
(EUR)
2025 Q3
(EUR)
Operating Cash Flow €436.30M €863.38M €2.35B €519.16M €588.34M
Net cash flow from continuing operations €436.30M €863.38M €2.35B €519.16M €588.34M
Net Income from Continuing Operations €462.78M €413.36M €1.60B €380.65M €381.72M
Gain/Loss from Continuing Operations €625,000.00 €5.47M €25.59M €33.94M -€23.38M
Depreciation & Depletion & Amortization €150.59M €173.74M €661.94M €186.92M €167.42M
Deferred Tax €138.23M €123.47M €464.12M €120.34M €107.66M
Other Non-Cash Items €17.42M €46.23M €106.09M €13.55M €66.36M
Change in Working Capital -€217.36M €102.07M -€88.63M -€29.59M -€68.89M
-Change in Receivables -€170.09M -€75.68M -€175.20M -€72.87M €30.45M
-Change in Inventory -€82.72M -€54.32M -€76.68M -€59.20M €51.67M
-Change in Payables and Accrued Expense €46.82M €95.16M -€59.13M -€19.88M -€69.37M
-Change In Other Working Capital -€11.37M €136.90M €222.38M €122.36M -€81.63M
Net cash flow from investing -€235.02M -€252.86M -€944.14M -€250.76M -€230.48M
Net Cash Flow from Continuing Investing Activities -€235.02M -€252.86M -€944.14M -€250.76M -€230.48M
Net PPE Purchase and Sale -€105.35M -€134.52M -€484.81M -€140.21M -€115.69M
Net Intangibles Purchase and Sale -€129.60M -€118.34M -€457.98M -€109.65M -€114.79M
Net Investment Purchase and Sale -€60,000.00 €0.00 – – €0.00
Financing Cash Flow -€574.44M -€222.85M -€1.67B -€218.79M -€458.13M
Net Cash Flow from Continuing Financing Activities -€574.44M -€222.85M -€1.67B -€218.79M -€458.13M
Net Issuance Payments Of Debt €233.37M €2.95M -€347.67M €10.50M -€293.94M
Net Common Stock Issuance -€208.96M -€225.80M -€785.33M -€229.28M -€132.37M
Ending Cash Balance €1.49B €1.86B €1.47B €1.47B €1.42B
Net Change in Cash -€373.16M €387.68M -€261.99M €49.62M -€100.27M
Beginning Cash Balance €1.86B €1.47B €1.74B €1.42B €1.52B
Effect of Exchange Rate Changes €1.55M €1.99M -€12.51M -€525,000.00 €432,000.00
Free Cash Flow €200.44M €610.53M €1.41B €269.23M €357.85M
Net Business Purchase and Sale – – -€1.35M – –
Cash Dividends Paid – – -€529.71M -€9,000.00 -€31.81M
Net Other Financing Charges – – -€4.45M €0.00 €0.00
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