Shares Outstanding for Ferrari (RACE)
According to Ferrari's latest reported financial statements, the company's latest reported diluted shares outstanding is 178.32M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

RACE
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Latest period
178.32M
YoY change
-0.9%
5Y CAGR
-0.8%
Peak year (2017)
189.76M
Latest annual
178.32M
Shares Outstanding history chart for Ferrari (RACE) from 2012 to 2025
Shares Outstanding history table for Ferrari (RACE) from 2012 to 2025
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY |
|---|---|---|---|---|
| 2025 | 178.32M | -0.9% | ||
| 2024 | 179.99M | -0.8% | ||
| 2023 | 181.51M | -0.9% | ||
| 2022 | 183.07M | -0.9% | ||
| 2021 | 184.72M | -0.4% | ||
| 2020 | 185.38M | -1.1% | ||
| 2019 | 187.53M | -1.0% | ||
| 2018 | 189.39M | -0.2% | ||
| 2017 | 189.76M | +0.4% | ||
| 2016 | 188.95M | +0.0% | ||
| 2015 | 188.92M | 0.0% | ||
| 2014 | 188.92M | 0.0% | ||
| 2013 | 188.92M | +0.0% | ||
| 2012 | 188.92M | — |
Shares Outstanding values are taken from Ferrari's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in EUR as filed.
Analysis
Ferrari (RACE) most recent annual diluted shares outstanding stands at 178.32M (2025) – edged down 0.9% year-over-year.
Through 2020–2025 (5 years), Ferrari diluted shares outstanding delivered a -0.8% annualised rate; with a net decline across the window.
Ferrari diluted shares outstanding declined from 189.76M in 2017 to 178.32M in 2025, a 6.0% drawdown.
Across the available history, diluted shares outstanding reached its high of 189.76M in 2017 and its low of 178.32M in 2025.
Ferrari (RACE) sits 9th of 8 Consumer Cyclical peers we track on this metric, against a peer median of 1.30B.
Ferrari Shares Outstanding by Year
Ferrari Shares Outstanding 2025: 178.32M
Ferrari diluted shares outstanding in 2025 was 178.32M, edged down 0.9% below 2024. This figure represents the lowest annual value in the available history.
Ferrari Shares Outstanding 2024: 179.99M
Ferrari diluted shares outstanding in 2024 was 179.99M, edged down 0.8% below 2023.
Ferrari Shares Outstanding 2023: 181.51M
Ferrari diluted shares outstanding in 2023 was 181.51M, edged down 0.9% below 2022.
Ferrari Shares Outstanding 2022: 183.07M
Ferrari diluted shares outstanding in 2022 was 183.07M, edged down 0.9% below 2021.
Ferrari Shares Outstanding 2021: 184.72M
Ferrari diluted shares outstanding in 2021 was 184.72M.
See more financial history for Ferrari (RACE).
Sector peers — Shares Outstanding
Companies in the same sector as Ferrari, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| Amazon.com, Inc. (AMZN) | 10.83B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | 3.53B | Consumer Cyclical |
| Alibaba Group Holding Limited (BABA) | 2.41B | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | 1.48B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | 1.13B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | 997.00M | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | 815.98M | Consumer Cyclical |
| McDonald's Corporation (MCD) | 716.40M | Consumer Cyclical |
Frequently asked questions
What is Ferrari's diluted shares outstanding?
- Latest reported diluted shares outstanding for Ferrari (RACE) is 178.32M (period ending December 31, 2025).
How has Ferrari diluted shares outstanding changed year-over-year?
- Ferrari (RACE) diluted shares outstanding changed -0.9% year-over-year on the latest annual filing.
What is the long-term growth rate of Ferrari diluted shares outstanding?
- Ferrari (RACE) diluted shares outstanding compound annual growth rate is -0.8% over the most recent 5 years available.
When did Ferrari diluted shares outstanding hit its highest annual value?
- Ferrari diluted shares outstanding reached its highest annual value of 189.76M in 2017.
What was Ferrari diluted shares outstanding in 2024?
- Ferrari (RACE) diluted shares outstanding in 2024 was 179.99M.
What was Ferrari diluted shares outstanding in 2025?
- Ferrari (RACE) diluted shares outstanding in 2025 was 178.32M.
Metrics overview
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