Ferrari (RACE) Operating Margin (2014 - 2026)
Ferrari's (RACE) quarterly Operating Margin came in at 31.22% in Q2 2026, up 32.0% year-over-year from 23.65% in Q2 2025, and up 5.3% quarter-over-quarter from 29.65% in Q1 2026.
Analysis
Ferrari (RACE) Operating Margin (2014 - 2026) Analysis & Trends
Ferrari (RACE) has reported Operating Margin for 13 consecutive years, with 31.22% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Margin rose 32.0% year-over-year to 31.22% in Q2 2026; TTM through Jun 2026 was 29.48%, a 654.0% decrease from a year earlier, with the FY2025 full-year figure at 29.52%, up 125.0% from the prior year.
- Operating Margin was 31.22% for Q2 2026 at Ferrari, up from 29.65% in the prior quarter.
- Over five years, Operating Margin peaked at 54.9% in Q4 2024 and troughed at 21.84% in Q4 2022.
- A 5-year average of 29.17% and a median of 28.41% in 2025 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin surged 3047 bps in 2024 and plunged 2643 bps in 2025, its largest moves.
- Over 5 years, Operating Margin stood at 21.84% in 2022, then grew by 12 bps to 24.43% in 2023, then soared by 125 bps to 54.9% in 2024, then slumped by 48 bps to 28.47% in 2025, then grew by 10 bps to 31.22% in 2026.
- The last three Operating Margin figures came in at 31.22% (Q2 2026), 29.65% (Q1 2026), and 28.47% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Asml Holding | 647.47 Bn | 631.49 Bn | 5.90 Bn | - |
| 2 | General Electric | 325.83 Bn | 316.71 Bn | 6.95 Bn | -29.28% |
| 3 | Astrazeneca | 257.75 Bn | 252.54 Bn | 12.86 Bn | 20.57% |
| 4 | Citigroup | 221.04 Bn | -2,078.84 Bn | 24.75 Bn | 42.53% |
| 5 | Bhp | 219.16 Bn | 200.62 Bn | - | - |
| 6 | Diageo | 208.21 Bn | 208.26 Bn | - | - |
| 7 | Rio Tinto | 188.09 Bn | 183.71 Bn | - | - |
| 8 | Ferrari | 151.21 Bn | 149.46 Bn | 1.18 Bn | 31.22% |
| 9 | Unilever | 134.81 Bn | 130.23 Bn | - | - |
| 10 | Hdfc Bank | 118.79 Bn | 92.50 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.22% |
| Mar 31, 2026 | 29.65% |
| Dec 31, 2025 | 28.47% |
| Sep 30, 2025 | 28.44% |
| Jun 30, 2025 | 30.90% |
| Mar 31, 2025 | 30.26% |
| Dec 31, 2024 | 54.90% |
| Sep 30, 2024 | 28.38% |
| Jun 30, 2024 | 29.85% |
| Mar 31, 2024 | 27.89% |
| Dec 31, 2023 | 24.43% |
| Sep 30, 2023 | 27.40% |
| Jun 30, 2023 | 29.65% |
| Mar 31, 2023 | 26.94% |
| Dec 31, 2022 | 21.84% |
| Sep 30, 2022 | 23.90% |
| Jun 30, 2022 | 24.98% |
| Mar 31, 2022 | 25.91% |
| Dec 31, 2021 | 22.61% |
| Sep 30, 2021 | 25.67% |