13 years of historical data (2013–2025) · Consumer Cyclical · Auto - Manufacturers
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Ferrari N.V. trades at 35.9x earnings, 25% below its 5-year average of 48.0x, sitting at the 27th percentile of its historical range. Compared to the Consumer Cyclical sector median P/E of 18.8x, the stock trades at a premium of 92%.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $67.3B | $65.9B | $76.5B | $61.4B | $39.2B | $47.8B | $42.5B | $31.0B | $18.8B | $19.9B | $11.0B |
| Enterprise Value | $67.3B | $65.9B | $78.1B | $62.8B | $40.6B | $49.1B | $44.2B | $32.4B | $20.0B | $21.1B | $12.4B |
| P/E Ratio → | 35.95 | 41.25 | 50.22 | 49.05 | 42.09 | 57.52 | 69.98 | 44.62 | 24.02 | 37.18 | 27.55 |
| P/S Ratio | 7.98 | 9.22 | 11.45 | 10.29 | 7.70 | 11.19 | 12.30 | 8.24 | 5.51 | 5.82 | 3.54 |
| P/B Ratio | 15.19 | 17.43 | 21.58 | 20.01 | 15.07 | 21.62 | 19.44 | 18.60 | 13.91 | 25.38 | 33.31 |
| P/FCF | — | — | 81.57 | 72.46 | 65.50 | 87.63 | 329.28 | 32.54 | 63.69 | 73.31 | 16.56 |
| P/OCF | — | — | 39.69 | 35.78 | 27.95 | 37.27 | 50.76 | 23.77 | 20.16 | 30.02 | 10.93 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
Ferrari N.V.'s enterprise value stands at 23.8x EBITDA, 15% below its 5-year average of 28.0x. The Consumer Cyclical sector median is 11.0x, placing the stock at a 117% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 9.22 | 11.69 | 10.52 | 7.98 | 11.50 | 12.78 | 8.60 | 5.84 | 6.16 | 3.99 |
| EV / EBITDA | 23.80 | 27.51 | 30.51 | 27.39 | 22.72 | 32.09 | 38.23 | 25.48 | 17.89 | 22.53 | 16.74 |
| EV / EBIT | 27.02 | 31.41 | 40.51 | 38.46 | 33.15 | 45.72 | 62.05 | 35.21 | 24.17 | 27.01 | 20.73 |
| EV / FCF | — | — | 83.28 | 74.06 | 67.88 | 89.99 | 342.18 | 33.95 | 67.52 | 77.57 | 18.66 |
Margins and return-on-capital ratios measuring operating efficiency
Ferrari N.V. earns an operating margin of 29.5%, significantly above the Consumer Cyclical sector average of 2.4%. Operating margins have expanded from 27.3% to 29.5% over the past 3 years, signaling improving operational efficiency. Return on equity of 43.7% is exceptionally high — well above the sector median of 6.5%. ROIC of 35.4% represents excellent returns on invested capital versus a sector median of 5.6%.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 51.7% | 51.7% | 50.1% | 49.8% | 48.0% | 51.3% | 51.3% | 52.1% | 52.6% | 51.7% | 49.1% |
| Operating Margin | 29.5% | 29.5% | 28.3% | 27.3% | 24.4% | 25.2% | 21.1% | 24.4% | 24.2% | 22.7% | 19.2% |
| Net Profit Margin | 22.4% | 22.4% | 22.8% | 21.0% | 18.3% | 19.5% | 17.6% | 18.5% | 22.9% | 15.7% | 12.8% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 43.7% | 43.7% | 46.0% | 44.1% | 38.7% | 37.8% | 31.5% | 46.0% | 73.4% | 96.1% | 256.9% |
| ROA | — | — | 17.3% | 15.8% | 12.7% | 11.4% | 8.8% | 12.7% | 17.5% | 13.4% | 10.3% |
| ROIC | 35.4% | 35.4% | 29.6% | 28.9% | 24.8% | 21.9% | 16.0% | 25.1% | 28.0% | 31.7% | 23.6% |
| ROCE | — | — | 26.0% | 25.2% | 20.9% | 19.4% | 14.3% | 20.9% | 21.9% | 23.6% | 22.1% |
Solvency and debt-coverage ratios — lower is generally safer
Interest coverage of 45.9x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | 0.95 | 0.81 | 1.08 | 1.19 | 1.52 | 1.41 | 1.42 | 2.30 | 5.60 |
| Debt / EBITDA | — | — | 1.31 | 1.08 | 1.57 | 1.72 | 2.88 | 1.85 | 1.73 | 1.93 | 2.50 |
| Net Debt / Equity | — | 0.00 | 0.45 | 0.44 | 0.55 | 0.58 | 0.76 | 0.80 | 0.84 | 1.48 | 4.22 |
| Net Debt / EBITDA | — | 0.00 | 0.63 | 0.59 | 0.80 | 0.84 | 1.44 | 1.05 | 1.02 | 1.24 | 1.88 |
| Debt / FCF | — | — | 1.72 | 1.60 | 2.38 | 2.36 | 12.90 | 1.40 | 3.83 | 4.27 | 2.10 |
| Interest Coverage | 45.89 | 45.89 | 40.42 | 45.13 | 22.93 | 27.97 | 14.54 | 19.19 | 32.20 | 21.69 | 19.58 |
Short-term solvency ratios and asset-utilisation metrics
The current ratio has improved from 2.68x to 3.37x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | — | — | 3.37 | 2.68 | 2.80 | 2.54 | 1.32 | 1.53 | 3.34 | 2.92 | 2.63 |
| Quick Ratio | — | — | 2.64 | 2.04 | 2.32 | 2.13 | 1.05 | 1.20 | 2.81 | 2.36 | 2.18 |
| Cash Ratio | 1.17 | — | 1.17 | 0.76 | 0.99 | 1.02 | 0.80 | 0.71 | 1.07 | 0.91 | 0.65 |
| Asset Turnover | — | — | 0.70 | 0.74 | 0.66 | 0.62 | 0.45 | 0.62 | 0.70 | 0.83 | 0.81 |
| Inventory Turnover | 3.06 | — | 3.06 | 3.16 | 3.93 | 3.85 | 2.99 | 3.83 | 4.15 | 4.19 | 4.88 |
| Days Sales Outstanding | — | — | 113.90 | 109.42 | 123.81 | 120.04 | 44.07 | 57.07 | 23.25 | 25.95 | 29.67 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Ferrari N.V. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business. The earnings yield of 2.8% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | 0.6% | 0.5% | 0.6% | 0.3% | 0.5% | 0.6% | 0.7% | 0.6% | 0.8% |
| Payout Ratio | — | — | 28.9% | 26.2% | 26.8% | 19.3% | 34.2% | 27.7% | 17.0% | 22.4% | 21.8% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 2.8% | 2.4% | 2.0% | 2.0% | 2.4% | 1.7% | 1.4% | 2.2% | 4.2% | 2.7% | 3.6% |
| FCF Yield | — | — | 1.2% | 1.4% | 1.5% | 1.1% | 0.3% | 3.1% | 1.6% | 1.4% | 6.0% |
| Buyback Yield | 0.0% | 0.0% | 0.8% | 0.7% | 1.0% | 0.5% | 0.3% | 1.2% | 0.5% | 0.0% | 0.0% |
| Total Shareholder Yield | 0.0% | 0.0% | 1.3% | 1.3% | 1.6% | 0.8% | 0.8% | 1.9% | 1.2% | 0.6% | 0.8% |
| Shares Outstanding | — | $178M | $180M | $182M | $183M | $185M | $185M | $188M | $189M | $190M | $189M |
Compare RACE with 2 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| RACEYou | $67B | 35.9 | 23.8 | — | 51.7% | 29.5% | 43.7% | 35.4% | — |
| LOT | $778M | -0.7 | — | — | 3.2% | -85.1% | — | — | — |
| LOTWW | $47M | -0.0 | — | — | 3.2% | -85.1% | — | — | — |
| Consumer Cyclical Median | — | 18.8 | 11.0 | 14.0 | 38.6% | 2.4% | 6.5% | 5.6% | 4.2 |
Peers based on L4 peer group classification. Compare multiple stocks →
Includes 30+ ratios · 13 years · Updated daily
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View ValuationSee how RACE stacks up against sector leader Lotus Technology Inc. American Depositary Shares.
Start ComparisonFerrari N.V.'s current P/E ratio is 35.9x. The historical average is 43.2x. This places it at the 27th percentile of its historical range.
Ferrari N.V.'s current EV/EBITDA is 23.8x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 25.1x.
Ferrari N.V.'s return on equity (ROE) is 43.7%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 58.4%.
Based on historical data, Ferrari N.V. is trading at a P/E of 35.9x. This is at the 27th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Ferrari N.V. has 51.7% gross margin and 29.5% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.