OverviewSuggest Edit

Ferrari is a company engaged in the design, engineering, production, and sale of luxury performance sports cars. It operates in four segments: Sports Range, GT Range, Special Series, and Icona. The company also produces limited edition hypercars, very limited edition cars (fuori serie), and one-off cars. In addition, it operates Scuderia Ferrari, a Formula 1 racing team.

TypePublic
Founded1947
HQMaranello, IT
Websiteferrari.com

Latest Updates

Employees (est.) (Dec 2019)4,285(+12%)
Job Openings24
Revenue (FY, 2019)€3.8 B(+11%)
Share Price (Jun 2020)$171
Cybersecurity ratingCMore

Key People/Management at Ferrari

Louis Camilleri

Louis Camilleri

Chief Executive Officer
Michael Hugo Leiters

Michael Hugo Leiters

Chief Technology Officer
Michele Antoniazzi

Michele Antoniazzi

Chief Human Resources Officer
Nicola Boari

Nicola Boari

Chief Brand Diversification Officer
Enrico Galliera

Enrico Galliera

Chief Marketing and Commercial Officer
Flavio Manzoni

Flavio Manzoni

Chief Design Officer
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Ferrari Office Locations

Ferrari has offices in Maranello, Milan, Modena, Englewood Cliffs and in 8 other locations
Maranello, IT (HQ)
Via Abetone Inferiore
Modena, IT
Via Emilia Est, 1163
Sydney, AU
Australia Square, Level 18/264 George St
Shanghai, CN
708 Beijing W Rd, Jingan Qu
Levallois-Perret, FR
49 Avenue Georges Pompidou
Hannover, DE
Sydney Garden 1
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Ferrari Financials and Metrics

Ferrari Revenue

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Ferrari's revenue was reported to be €3.77 b in FY, 2019 which is a 10.1% increase from the previous period.
EUR

Revenue (FY, 2019)

3.8b

Revenue growth (FY, 2018 - FY, 2019), %

10.1%

Gross profit (FY, 2019)

2.0b

Gross profit margin (FY, 2019), %

52.1%

Net income (FY, 2019)

698.7m

EBITDA (FY, 2019)

1.3b

EBIT (FY, 2019)

917.4m

Market capitalization (29-Jun-2020)

30.0b

Closing stock price (29-Jun-2020)

171.0

Cash (31-Dec-2019)

897.9m

EV

31.2b
Ferrari's current market capitalization is $30 b.
Annual
EURFY, 2017FY, 2018FY, 2019

Revenue

3.4b3.4b3.8b

Revenue growth, %

0%10%

Cost of goods sold

1.7b1.6b1.8b

Gross profit

1.8b1.8b2.0b
Quarterly
EURQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

820.6m920.4m835.9m831.0m905.7m838.2m940.1m983.6m915.3m

Cost of goods sold

397.7m458.2m395.7m390.8m431.4m401.0m461.6m480.4m425.5m

Gross profit

422.9m462.2m440.2m440.2m474.2m437.2m478.5m503.2m489.9m

Gross profit Margin, %

52%50%53%53%52%52%51%51%54%
Annual
EURFY, 2017FY, 2018FY, 2019

Cash

647.7m793.7m897.9m

Accounts Receivable

239.4m211.4m231.4m

Inventories

393.8m391.1m420.1m

Current Assets

2.1b2.5b2.6b
Quarterly
Annual
EURFY, 2017FY, 2018FY, 2019

Depreciation and Amortization

260.6m288.7m351.9m

Inventories

(88.5m)(4.6m)(40.6m)

Accounts Payable

29.3m40.3m53.9m

Cash From Operating Activities

662.8m934.0m1.3b
Quarterly
EURQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Depreciation and Amortization

64.8m133.2m196.9m62.4m134.9m210.1m78.4m154.2m237.7m

Inventories

(36.2m)(65.7m)(54.9m)(37.6m)(33.4m)5.2m(10.5m)(16.9m)(7.4m)

Accounts Payable

16.9m14.9m(40.9m)23.6m18.1m(62.8m)(8.9m)33.3m(53.3m)

Cash From Operating Activities

141.0m275.0m507.7m209.7m380.8m619.2m384.4m670.7m948.8m
EURQ1, 2017

Debt/Equity

3.9 x

Debt/Assets

0.5 x

Financial Leverage

8.4 x
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Ferrari Operating Metrics

Ferrari's Vehicles Shipped was reported to be 10.1 k in FY, 2019.
Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019

Vehicles Shipped

2 k2.33 k2.05 k8.40 k2.13 k2.46 k2.26 k9.25 k2.61 k2.67 k2.47 k10.13 k

Vehicles Shipped (UK)

254 254 158 843 281 255 178 981 289 291 202 1.12 k

Vehicles Shipped (Germany)

196 163 201 710 204 179 218 803 221 226 262 967

Vehicles Shipped (Italy)

103 135 105 417 119 140 115 479 152 151 128 559
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Ferrari Acquisitions / Subsidiaries

Company NameDateDeal Size
Ferrari Australasia Pty Limited
Ferrari Central Europe GmbH (1)
Ferrari Far East Pte Limited
Ferrari Financial Services Inc.
Ferrari (HK) Limited
Ferrari International Cars Trading (Shanghai) Co. L.t.d.
Ferrari Japan KK
Ferrari Management Consulting (Shanghai) Co. L.t.d.
Ferrari North America Inc.
Ferrari South West Europe S.a.r.l.
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Ferrari Cybersecurity Score

Cybersecurity ratingPremium dataset

C

79/100

SecurityScorecard logo

Ferrari Revenue Breakdown

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Ferrari revenue breakdown by geographic segment: 5.4% from Rest of APAC, 13.4% from Americas, 21.7% from Rest of EMEA, 7.1% from Sponsorship, commercial and brand, 38.8% from Cars and spare parts and 13.5% from Other

Human Capital Metrics

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Ferrari Online and Social Media Presence

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Ferrari News and Updates

Why Ferrari is worth more than some major automakers

The market value of Ferrari soared to about $30 billion in May, above those of far larger automakers. The Italian company's generous margins and golden brand are attracting investors.

The $365,000 Lamborghini Huracán Evo Spyder is the latest Lambo to take on its Ferrari and McLaren rivals

I tested a $364,979 Lamborghini Huracán Evo Spyder, a monumentally powerful supercar with a nifty drop-top that's set to define the "little" Lambo for the future. The Huracán Evo has a 5.2-liter V10, making 631 horsepower and 442 pound-feet of torque. The Huracán is a flamboyant set of wheels, int…

A 2003 Ferrari sold for $2.6 million at auction, setting a record for the most expensive car ever sold online

A Ferrari Enzo was part of RM Sotheby's Driving into Summer online-only auction. It sold for $2.6 million. RM Sotheby's says it is the "most valuable car sold in a dedicated online-only collector car auction to date." Visit Business Insider's homepage for more stories. A 2003 Ferrari Enzo was up…

Ferrari expands regional footprint with new North Tyneside showroom

Luxury car brand Ferrari has expanded its North East presence with the opening of a new service centre and approved showroom just outside of Newcastle. Auto dealer JCT600 has completed a five month project to create the centre and showroom at Silverlink Business Park in North Tyneside. Creating four…

Ferrari Announces Settlement of its Notes offering

Maranello (Italy), 27 May 2020 – Ferrari N.V. (NYSE/MTA: RACE) announces the settlement of the offering, previously announced, of Euro 650 million in aggregate principal amount of 1.500% notes due in May 2025, with an issue price of 98.898% (the “Notes”). The net proceeds of the offering were approx…

We live in a Golden Age of car wheels — here are my favorite wheel designs from Ferrari, Lamborghini, Porsche and more

Consumers have more choices in wheels, direct from manufacturers and dealers, than at any time in automotive history. At Business Insider, the vehicles we test have often been shod with the finest in forged metal available in the marketplace. Over the years, I've become quite the wheel aficionado.…
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Ferrari Frequently Asked Questions

  • When was Ferrari founded?

    Ferrari was founded in 1947.

  • Who are Ferrari key executives?

    Ferrari's key executives are Louis Camilleri, Michael Hugo Leiters and Michele Antoniazzi.

  • How many employees does Ferrari have?

    Ferrari has 4,285 employees.

  • What is Ferrari revenue?

    Latest Ferrari annual revenue is €3.8 b.

  • What is Ferrari revenue per employee?

    Latest Ferrari revenue per employee is €879 k.

  • Who are Ferrari competitors?

    Competitors of Ferrari include Honda, Mercedes-Benz and Bugatti.

  • Where is Ferrari headquarters?

    Ferrari headquarters is located at Via Abetone Inferiore, Maranello.

  • Where are Ferrari offices?

    Ferrari has offices in Maranello, Milan, Modena, Englewood Cliffs and in 8 other locations.

  • How many offices does Ferrari have?

    Ferrari has 12 offices.