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RACE - Ferrari N.V.

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Ferrari N.V.

RACE

NYSE

Ferrari N.V., through its subsidiaries, designs, engineers, produces, and sells luxury performance sports cars. The company offers sports, GT, and special series cars; limited edition hyper cars; one-off and track cars; and Icona cars. It also provides racing cars, and spare parts and engines, as well as after sales, repair, maintenance, and restoration services for cars. In addition, the company licenses its Ferrari brand to various producers and retailers of luxury and lifestyle goods; Ferrari World, a theme park in Abu Dhabi, the United Arab Emirates; and Ferrari Land Portaventura, a theme park in Europe. Further, it provides direct or indirect finance and leasing services to retail clients and dealers; manages racetracks, as well as owns and manages two museums in Maranello and Modena, Italy; and develops and sells a line of apparel and accessories through its monobrand stores. As of December 31, 2021, it had a total of 30 retail Ferrari stores, including 14 franchised stores and 16 owned stores. The company also sells its products through a network of 172 authorized dealers operating 191 points of sale worldwide, as well as through its website, store.ferrari.com. Ferrari N.V. was founded in 1947 and is headquartered in Maranello, Italy.

462.84 USD

2.72 (0.588%)

RACE Financial Statements

Year

2024

2023

2022

2021

Total Revenue

6.68B

5.97B

5.1B

4.27B

Cost of Revenue

3.33B

3B

2.65B

2.08B

Gross Profit

3.35B

2.97B

2.45B

2.19B

Operating Expenses

1.46B

1.36B

1.2B

1.12B

Research and Development

894.09M

881.56M

775.57M

768.1M

Selling, General & Administrative Expenses

561.14M

462.58M

427.97M

348.02M

Selling & Marketing Expenses

288.54M

236.44M

226.99M

168.47M

General & Administrative Expenses

272.61M

226.14M

200.99M

179.56M

Other Expenses

4.2M

12.76M

-21.55M

-5.56M

Operating Income

1.89B

1.62B

1.23B

1.08B

Total Other Income/Expenses Net

1.21M

-15.02M

-49.62M

-33.26M

Income Before Tax

1.89B

1.6B

1.18B

1.04B

Income Tax

363.04M

344.9M

238.47M

209.09M

Net Income

1.52B

1.25B

932.61M

830.77M

Basic EPS

8.47

6.91

5.1

4.5

EPS Diluted

8.46

6.9

5.09

4.5

Basic Average Shares

179.74M

181.22M

182.84M

184.45M

Diluted Average Shares

179.99M

181.51M

183.07M

184.72M

EBITDA

2.6B

2.29B

1.77B

1.53B

Retained Earning Schedule

Year

2024

2023

2022

2021

Retained Earnings (Previous Year)

2.99B

2.5B

2.19B

1.74B

Net Income

1.52B

1.25B

932.61M

830.77M

Stock Repurchases

-581.08M

-460.63M

-396.52M

-230.9M

Dividend Paid

-439.92M

-328.63M

-249.52M

-160.1M

Retained Earnings

3.52B

2.99B

2.5B

2.19B

Other Distributions

-496.17M

-295.61M

-338.73M

62.07M

PPE Schedule

Year

2024

2023

2022

2021

Gross PPE

1.83B

1.58B

1.46B

1.35B

Annual Depreciation

666.78M

662.3M

546.23M

455.99M

Capital Expenditure

-989.15M

-868.91M

-804.62M

-737.14M

Net PPE

2.15B

1.78B

1.72B

1.63B

Intangible and Goodwill Schedule

Year

2024

2023

2022

2021

Acquisitions and Adjustments

0

0

0

0

Goodwill (Previous Year)

785.18M

785.18M

785.18M

785.18M

Goodwill

785.18M

785.18M

785.18M

785.18M

All figures are in EUR.

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