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Netherlands
In shortFerrari N.v. is profitable, generates cash and carries moderate debt, with revenue growing (+7.0% last year).
Financial health
Strong
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 29.5% | 100/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 22.3% | 100/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 42.9% | 100/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 24.1% | 100/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | – | n/a |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.74× | 70/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 0.51× | 100/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 9.85× | 80/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | – | n/a |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 26.1% | 100/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 1.17× | 100/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 6.4% | 87/100 |
| Operating margin volatility | 2.2% | 89/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 11.9% | 83/100 |
|---|---|---|
| EPS growth, 3-year average | 20.7% | 100/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
European data comes from annual reports in ESEF format (since 2020). Industry and ticker are not provided by this source.
Annual figures as reported. Hover a bar or point for the exact value.
2 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
EUR millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 4,271 | 5,095 | 5,970 | 6,677 | 7,146 |
| Cost of revenue | 2,081 | 2,649 | 2,996 | 3,329 | 3,453 |
| Gross profit | 2,190 | 2,446 | 2,974 | 3,347 | 3,693 |
| Research & development | 768 | 776 | 882 | 894 | 919 |
| Selling, general & admin | 348 | 428 | 463 | 561 | 642 |
| Operating income | 1,075 | 1,227 | 1,617 | 1,888 | 2,110 |
| Interest expense | 76 | 133 | 147 | 146 | 214 |
| Pre-tax income | 1,042 | 1,178 | 1,602 | 1,889 | 2,064 |
| Income tax | 209 | 238 | 345 | 363 | 464 |
| Net income | 831 | 933 | 1,252 | 1,522 | 1,597 |
| Diluted EPS | €4.50 | €5.09 | €6.90 | €8.46 | €8.96 |
2 older years available with the 10-year history. Essential plan, from €8.25/month →
Not computed: a required balance-sheet item is missing.
7/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: filings.xbrl.org (ESEF). Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2025 · Data updated Feb 19, 2026