Ferrari N.V.
RACEFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
7,278
Cost of Revenue
3,629
Gross Profit
3,648
Gross Margin
50.1%
Operating Income
2,062
Operating Margin
28.3%
Net Income
1,659
Net Margin
22.8%
EPS (Basic)
$8.47
EPS (Diluted)
$8.46
EBITDA
2,828
EBITDA Margin
38.9%
2023
12/31/2023
Revenue
6,507
Cost of Revenue
3,266
Gross Profit
3,242
Gross Margin
49.8%
Operating Income
1,777
Operating Margin
27.3%
Net Income
1,365
Net Margin
21.0%
EPS (Basic)
$6.91
EPS (Diluted)
$6.90
EBITDA
2,501
EBITDA Margin
38.4%
2022
12/31/2022
Revenue
5,554
Cost of Revenue
2,887
Gross Profit
2,666
Gross Margin
48.0%
Operating Income
1,355
Operating Margin
24.4%
Net Income
1,017
Net Margin
18.3%
EPS (Basic)
$5.10
EPS (Diluted)
$5.09
EBITDA
1,931
EBITDA Margin
34.8%
2021
12/31/2021
Revenue
4,655
Cost of Revenue
2,268
Gross Profit
2,387
Gross Margin
51.3%
Operating Income
1,171
Operating Margin
25.2%
Net Income
906
Net Margin
19.5%
EPS (Basic)
$4.50
EPS (Diluted)
$4.50
EBITDA
1,667
EBITDA Margin
35.8%
2020
12/31/2020
Revenue
3,771
Cost of Revenue
1,838
Gross Profit
1,933
Gross Margin
51.3%
Operating Income
796
Operating Margin
21.1%
Net Income
663
Net Margin
17.6%
EPS (Basic)
$3.29
EPS (Diluted)
$3.28
EBITDA
1,242
EBITDA Margin
32.9%