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Operating Margin for Ferrari (RACE)

As of · Reported

Metric

TTM

29.4%

YoY change

+1.01pp

Trough year (2014)

14.4%

Peak year (2025)

29.3%

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

Latest: 29.3%

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

Latest: +1.01pp

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

  • 202529.3%+1.01pp
  • 202428.3%+1.03pp
  • 202327.3%+2.91pp
  • 202224.4%-0.76pp
  • 202125.2%+4.05pp
  • 202021.1%-3.30pp
  • 201924.4%+0.22pp
  • 201824.2%+1.52pp
  • 201722.7%+3.48pp
  • 201619.2%+2.64pp
  • 201516.5%+2.14pp
  • 201414.4%-0.43pp
  • 201314.8%+0.31pp
  • 201214.5%—

Operating 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 Operating Margin at Ferrari (RACE)

According to Ferrari's latest reported financial statements, the company's latest reported operating margin is 29.4%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.

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) operating margin totalled 29.35% – expanded 1.0 percentage points year-over-year.

Across the available history, operating margin reached its high of 29.35% in 2025 and its low of 14.40% in 2014.

Ferrari Operating Margin by Year

Ferrari Operating Margin 2025: 29.3%

Ferrari operating margin in 2025 was 29.35%, expanded 1.0 percentage points from 2024. This figure represents the highest annual value in the available history.

Ferrari Operating Margin 2024: 28.3%

2024's operating margin for Ferrari came in at 28.34%, expanded 1.0 percentage points from 2023.

Ferrari Operating Margin 2023: 27.3%

Ferrari posted operating margin of 27.30% in 2023, expanded 2.9 percentage points from 2022.

Ferrari Operating Margin 2022: 24.4%

In 2022, Ferrari reported operating margin of 24.39%, contracted 0.8 percentage points from 2021.

Ferrari Operating Margin 2021: 25.2%

Ferrari operating margin in 2021 was 25.15%.

See more financial history for Ferrari (RACE).

Sector peers by Operating Margin

Consumer Cyclical peers of Ferrari (RACE), ranked by their latest operating margin

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