Ticker League

TTM

38.6%

YoY change

+23.15pp

Trough year (2014)

3.5%

Peak year (2025)

37.2%

FCF Margin history chart for Ferrari (RACE) from 2012 to 2025

Latest: 37.2%

FCF Margin change chart for Ferrari (RACE) from 2012 to 2025

Latest: +23.15pp

FCF Margin history table for Ferrari (RACE) from 2012 to 2025

  • 202537.2%+23.15pp
  • 202414.0%-0.16pp
  • 202314.2%+2.45pp
  • 202211.8%-1.02pp
  • 202112.8%+9.04pp
  • 20203.7%-21.59pp
  • 201925.3%+16.68pp
  • 20188.6%+0.70pp
  • 20177.9%-13.42pp
  • 201621.4%+9.05pp
  • 201512.3%+8.83pp
  • 20143.5%-4.36pp
  • 20137.8%-1.33pp
  • 20129.2%

FCF Margin values are taken from Ferrari's reported income statements (interim 6-K and annual 20-F filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in EUR as filed.

About FCF Margin at Ferrari (RACE)

According to Ferrari's latest reported financial statements, the company's latest reported free cash flow margin is 38.6%. Free cash flow margin is free cash flow divided by revenue — the share of each sales dollar that converts into cash after capital expenditures. Because free cash flow cannot be inflated by non-cash accounting, FCF margin is a clean read on how efficiently a business turns revenue into deployable cash.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

In 2025, Ferrari (RACE) free cash flow margin totalled 37.19% – expanded 23.2 percentage points year-over-year.

The highest annual free cash flow margin of 37.19% was reported in 2025. The lowest in the available history was 3.48% in 2014.

Ferrari FCF Margin by Year

Ferrari FCF Margin 2025: 37.2%

Ferrari free cash flow margin in 2025 was 37.19%, expanded 23.2 percentage points from 2024. This figure represents the highest annual value in the available history.

Ferrari FCF Margin 2024: 14.0%

2024's free cash flow margin for Ferrari came in at 14.04%, contracted 0.2 percentage points from 2023.

Ferrari FCF Margin 2023: 14.2%

Ferrari posted free cash flow margin of 14.20% in 2023, expanded 2.4 percentage points from 2022.

Ferrari FCF Margin 2022: 11.8%

In 2022, Ferrari reported free cash flow margin of 11.75%, contracted 1.0 percentage points from 2021.

Ferrari FCF Margin 2021: 12.8%

Ferrari free cash flow margin in 2021 was 12.77%.

See more financial history for Ferrari (RACE).

Sector peers by FCF Margin

Consumer Cyclical peers of Ferrari (RACE), ranked by their latest free cash flow margin

Frequently asked questions