InsiderClue
Stocks · Consumer discretionary · Motor Vehicles & Passenger Car Bodies

Ferrari N.V.

RACE Clue Score79
Italy Fiscal year ends December CIK 0001648416
$389.91 +0.42% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $389.91 +81.22% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 11 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue3,105.1Operating income595.1Net income398.8EPS, diluted2.11Fiscal year 2017Revenue3,416.9 +10.0%Operating income775.4Net income535.4 +34.3%EPS, diluted2.82 +33.6%Fiscal year 2018Revenue3,420.3 +0.1%Operating income826.5Net income784.7 +46.6%EPS, diluted4.14 +46.8%Fiscal year 2019Revenue3,766.6 +10.1%Operating income917.4Net income695.8 −11.3%EPS, diluted3.71 −10.4%Fiscal year 2020Revenue3,459.8 −8.1%Operating income716.1Net income607.8 −12.6%EPS, diluted3.28 −11.6%Fiscal year 2021Revenue4,270.9 +23.4%Operating income1,075.5Net income830.8 +36.7%EPS, diluted4.50 +37.2%Fiscal year 2022Revenue5,095.3 +19.3%Operating income1,227.4Net income932.6 +12.3%EPS, diluted5.09 +13.1%Fiscal year 2023Revenue5,970.1 +17.2%Operating income1,617.4Net income1,252.0 +34.3%EPS, diluted6.90 +35.6%Fiscal year 2024Revenue6,676.7 +11.8%Operating income1,887.8Net income1,521.9 +21.6%EPS, diluted8.46 +22.6%Fiscal year 2025Revenue7,145.8 +7.0%Operating income2,109.7Net income1,596.9 +4.9%EPS, diluted8.96 +5.9%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 3,105.1 3,416.9 3,420.3 3,766.6 3,459.8 4,270.9 5,095.3 5,970.1 6,676.7 7,145.8
Growth +10.0% +0.1% +10.1% −8.1% +23.4% +19.3% +17.2% +11.8% +7.0%
Operating income 595.1 775.4 826.5 917.4 716.1 1,075.5 1,227.4 1,617.4 1,887.8 2,109.7
Net income 398.8 535.4 784.7 695.8 607.8 830.8 932.6 1,252.0 1,521.9 1,596.9
Growth +34.3% +46.6% −11.3% −12.6% +36.7% +12.3% +34.3% +21.6% +4.9%
EPS, diluted 2.11 2.82 4.14 3.71 3.28 4.50 5.09 6.90 8.46 8.96
Growth +33.6% +46.8% −10.4% −11.6% +37.2% +13.1% +35.6% +22.6% +5.9%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2016Operating margin19.2%Net margin12.8%Free cash flow margin26.7%Fiscal year 2017Operating margin22.7%Net margin15.7%Free cash flow margin13.9%Fiscal year 2018Operating margin24.2%Net margin22.9%Free cash flow margin18.5%Fiscal year 2019Operating margin24.4%Net margin18.5%Free cash flow margin25.3%Fiscal year 2020Operating margin20.7%Net margin17.6%Free cash flow margin13.9%Fiscal year 2021Operating margin25.2%Net margin19.5%Free cash flow margin21.8%Fiscal year 2022Operating margin24.1%Net margin18.3%Free cash flow margin20.7%Fiscal year 2023Operating margin27.1%Net margin21.0%Free cash flow margin22.4%Fiscal year 2024Operating margin28.3%Net margin22.8%Free cash flow margin21.6%Fiscal year 2025Operating margin29.5%Net margin22.3%Free cash flow margin26.1%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin 19.2% 22.7% 24.2% 24.4% 20.7% 25.2% 24.1% 27.1% 28.3% 29.5%
Net margin 12.8% 15.7% 22.9% 18.5% 17.6% 19.5% 18.3% 21.0% 22.8% 22.3%
Free cash flow margin 26.7% 13.9% 18.5% 25.3% 13.9% 21.8% 20.7% 22.4% 21.6% 26.1%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow1,005.3Capital expenditure−175.6Free cash flow829.7Fiscal year 2017Operating cash flow662.8Capital expenditure−188.9Free cash flow473.9 −42.9%Fiscal year 2018Operating cash flow934.0Capital expenditure−300.8Free cash flow633.2 +33.6%Fiscal year 2019Operating cash flow1,306.1Capital expenditure−352.2Free cash flow953.9 +50.6%Fiscal year 2020Operating cash flow838.2Capital expenditure−357.0Free cash flow481.2 −49.6%Fiscal year 2021Operating cash flow1,282.7Capital expenditure−352.3Free cash flow930.4 +93.4%Dividends paid−160.3Fiscal year 2022Operating cash flow1,403.3Capital expenditure−347.7Free cash flow1,055.6 +13.5%Dividends paid−249.5Fiscal year 2023Operating cash flow1,716.6Capital expenditure−381.8Free cash flow1,334.9 +26.5%Dividends paid−328.6Fiscal year 2024Operating cash flow1,926.7Capital expenditure−482.3Free cash flow1,444.4 +8.2%Dividends paid−439.9Fiscal year 2025Operating cash flow2,349.3Capital expenditure−485.2Free cash flow1,864.1 +29.1%Dividends paid−532.2
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 1,005.3 662.8 934.0 1,306.1 838.2 1,282.7 1,403.3 1,716.6 1,926.7 2,349.3
Capital expenditure −175.6 −188.9 −300.8 −352.2 −357.0 −352.3 −347.7 −381.8 −482.3 −485.2
Free cash flow 829.7 473.9 633.2 953.9 481.2 930.4 1,055.6 1,334.9 1,444.4 1,864.1
Growth −42.9% +33.6% +50.6% −49.6% +93.4% +13.5% +26.5% +8.2% +29.1%
Dividends paid n/a n/a n/a n/a n/a −160.3 −249.5 −328.6 −439.9 −532.2

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2016Cash457.8Shareholders’ equity325.0Fiscal year 2017Cash647.7Shareholders’ equity778.7Fiscal year 2018Cash793.7Shareholders’ equity1,348.7Fiscal year 2019Cash897.9Shareholders’ equity1,481.3Fiscal year 2020Cash1,362.4Shareholders’ equity1,785.2Fiscal year 2021Cash1,344.1Shareholders’ equity2,205.9Fiscal year 2022Cash1,388.9Shareholders’ equity2,592.9Fiscal year 2023Cash1,122.0Shareholders’ equity3,060.9Fiscal year 2024Cash1,742.2Shareholders’ equity3,533.9Fiscal year 2025Cash1,467.7Shareholders’ equity3,906.9
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 457.8 647.7 793.7 897.9 1,362.4 1,344.1 1,388.9 1,122.0 1,742.2 1,467.7
Shareholders’ equity 325.0 778.7 1,348.7 1,481.3 1,785.2 2,205.9 2,592.9 3,060.9 3,533.9 3,906.9

In millions of EUR, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of EUR, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
3,105.1 3,416.9 3,420.3 3,766.6 3,459.8 4,270.9 5,095.3 5,970.1 6,676.7 7,145.8
Growth +10.0% +0.1% +10.1% −8.1% +23.4% +19.3% +17.2% +11.8% +7.0%
1,579.7 1,650.9 1,622.9 1,805.3 1,686.3 2,080.6 2,649.0 2,995.9 3,329.5 3,453.0
613.6 657.1 643.0 699.2 707.4 768.1 775.6 881.6 894.1 918.9
295.2 329.1 327.3 343.2 336.1 348.0 428.0 462.6 561.1 642.5
595.1 775.4 826.5 917.4 716.1 1,075.5 1,227.4 1,617.4 1,887.8 2,109.7
Growth +30.3% +6.6% +11.0% −21.9% +50.2% +14.1% +31.8% +16.7% +11.8%
567.4 746.2 802.9 875.4 667.0 1,042.2 1,177.8 1,602.4 1,889.0 2,063.6
167.6 208.8 16.3 176.7 58.2 209.1 238.5 344.9 363.0 464.1
398.8 535.4 784.7 695.8 607.8 830.8 932.6 1,252.0 1,521.9 1,596.9
Growth +34.3% +46.6% −11.3% −12.6% +36.7% +12.3% +34.3% +21.6% +4.9%
Per share
2.11 2.83 4.16 3.73 3.29 4.50 5.11 6.91 8.47 8.97
2.11 2.82 4.14 3.71 3.28 4.50 5.09 6.90 8.46 8.96
Growth +33.6% +46.8% −10.4% −11.6% +37.2% +13.1% +35.6% +22.6% +5.9%
188.9 189.0 188.6 186.8 184.8 184.4 182.8 181.2 179.7 178.1
188.9 189.8 189.4 187.5 185.4 184.8 183.1 181.5 180.0 178.3
Growth +0.4% −0.2% −1.0% −1.1% −0.3% −0.9% −0.9% −0.8% −0.9%

Shown in EUR as filed; the screener converts to dollars.

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 15.6% a year over five years, and earnings per share grew 22.3% a year.
  • The diluted share count fell 3.8% in five years, so buybacks did some of the work per share.
  • Operating margin is up 8.8 points on five years ago, at 29.5%.
  • Profitable in every one of the 10 years on file.