Ferrari N.V.

BIT:RACE Stock Report

Market Cap: €73.1b

Ferrari Past Earnings Performance

Past criteria checks 6/6

Ferrari has been growing earnings at an average annual rate of 18%, while the Auto industry saw earnings growing at 19.2% annually. Revenues have been growing at an average rate of 14% per year. Ferrari's return on equity is 42.9%, and it has net margins of 22.1%.

Key information

18.0%

Earnings growth rate

18.8%

EPS growth rate

Auto Industry Growth25.2%
Revenue growth rate14.0%
Return on equity42.9%
Net Margin22.1%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Ferrari makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

BIT:RACE Revenue, expenses and earnings (EUR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 246,4651,431518901
30 Jun 246,3641,387502909
31 Mar 246,1261,308472899
31 Dec 235,9701,252463882
30 Sep 235,8151,178474841
30 Jun 235,5201,074462802
31 Mar 235,338990452792
31 Dec 225,095933428776
30 Sep 224,899927413792
30 Jun 224,703907389781
31 Mar 224,446864366777
31 Dec 214,271831348768
30 Sep 214,168879337742
30 Jun 214,002844332729
31 Mar 213,539647329715
31 Dec 203,460608336707
30 Sep 203,319513322687
30 Jun 203,346510341692
31 Mar 203,759684354696
31 Dec 193,767696343699
30 Sep 193,684718343678
30 Jun 193,607837333659
31 Mar 193,529815330655
31 Dec 183,420785327643
30 Sep 183,415730315657
30 Jun 183,413584318661
31 Mar 183,427559323658
31 Dec 173,417535329657
30 Sep 173,412511319654
30 Jun 173,360483305644
31 Mar 173,250445307628
31 Dec 163,105399295614
30 Sep 163,014342303583
30 Jun 162,954323306576
31 Mar 162,909301299566
31 Dec 152,854288304562
30 Sep 152,861313293570
30 Jun 152,801275294556
31 Mar 152,763272284551
31 Dec 142,762261285541
31 Dec 132,335241260479

Quality Earnings: RACE has high quality earnings.

Growing Profit Margin: RACE's current net profit margins (22.1%) are higher than last year (20.3%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: RACE's earnings have grown by 18% per year over the past 5 years.

Accelerating Growth: RACE's earnings growth over the past year (21.4%) exceeds its 5-year average (18% per year).

Earnings vs Industry: RACE earnings growth over the past year (21.4%) exceeded the Auto industry -25.7%.

Return on Equity

High ROE: RACE's Return on Equity (42.9%) is considered outstanding.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 10:35
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Ferrari N.V. is covered by 43 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Carmen NovelBanca Akros S.p.A. (ESN)
Gabriele GambarovaBanca Akros S.p.A. (ESN)
Henning CosmanBarclays