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Ferrari N.V.

2FE.DE

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue
7,011
Cost of Revenue
3,496
Gross Profit
3,515
Gross Margin
50.1%
Operating Income
1,987
Operating Margin
28.3%
Net Income
1,598
Net Margin
22.8%
EPS (Basic)
$9.00
EPS (Diluted)
$9.00
EBITDA
2,724
EBITDA Margin
38.9%

2023

12/31/2023

Revenue
6,269
Cost of Revenue
3,146
Gross Profit
3,123
Gross Margin
49.8%
Operating Income
1,712
Operating Margin
27.3%
Net Income
1,315
Net Margin
21.0%
EPS (Basic)
$7.00
EPS (Diluted)
$7.00
EBITDA
2,409
EBITDA Margin
38.4%

2022

12/31/2022

Revenue
5,350
Cost of Revenue
2,781
Gross Profit
2,569
Gross Margin
48.0%
Operating Income
1,305
Operating Margin
24.4%
Net Income
979
Net Margin
18.3%
EPS (Basic)
$5.00
EPS (Diluted)
$5.00
EBITDA
1,861
EBITDA Margin
34.8%

2021

12/31/2021

Revenue
4,484
Cost of Revenue
2,185
Gross Profit
2,300
Gross Margin
51.3%
Operating Income
1,128
Operating Margin
25.2%
Net Income
872
Net Margin
19.5%
EPS (Basic)
$5.00
EPS (Diluted)
$5.00
EBITDA
1,606
EBITDA Margin
35.8%

2020

12/31/2020

Revenue
3,633
Cost of Revenue
1,771
Gross Profit
1,862
Gross Margin
51.3%
Operating Income
766
Operating Margin
21.1%
Net Income
638
Net Margin
17.6%
EPS (Basic)
$3.00
EPS (Diluted)
$3.00
EBITDA
1,196
EBITDA Margin
32.9%