Ferrari

RACE · Borsa Italiana · EUR

€343.50Change from previous close: +0.44%Absolute change: +€1.50

Close · October 2, 2026

At a glance

Revenue growth
+7.03%
2025 vs 2024
Net income growth
+4.93%
2025 vs 2024
Net margin
22.3%
2024: 22.8%

Financial data

Amounts in millions of EUR; per-share values in EUR; shares in millions.

Cash flow · Annual
Item2025202420232022202120202019201820172016
Operating cash flow2,3491,9271,7171,4031,2838381,3069346631,005
Depreciation and amortization336336319288262427352289261144
Capital expenditure-485-482-382-348-352-357-352-301-189-176
Investing cash flow-944-987-866-805-733-708-701-637-379-320
Financing cash flow-1,667-325-1,109-554-580340-502-152-85.1-411
Dividends paid-530-440-329-250-160-208-193-133-120-86.9
Share repurchases-785-581-461-397-231-130-387-100——
Debt issued5851,11343626255870240394.7835969
Debt repaid-933-412-751-168-745-21.8-323-11.6-799-1,413
Effect of exchange rates-12.55.4-7.70.411.4-5.40.81.0-8.41.2
Net change in cash-275620-26744.8-18.3464104146190275
Free cash flow1,8641,4441,3351,056930—————
Levered free cash flow839543637613345153194-42.8312683