Ferrari (RACE) Operating Margin (2013 - 2025)

Ferrari (RACE) reported Operating Margin of 29.52% for FY2025, up 4.42% year-over-year from 28.27% in FY2024.

Ferrari (RACE) Operating Margin (2013 - 2025) Analysis & Trends

Ferrari (RACE) has 13 years of Operating Margin data on file, last reported at 29.52% in FY2025.

  • Operating Margin for Q4 2025 came in at 28.47%, up 151.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 29.49% (up 122.0% YoY), and the FY2025 annual result was 29.52%, up 125.0% from the prior year.
  • Operating Margin grew to 29.52% in FY2025 per RACE's latest filing, from 28.27% in the prior year.
  • Over five years, Operating Margin peaked at 29.52% in FY2025 and troughed at 24.09% in FY2022.
  • A 5-year average of 26.83% and a median of 27.09% in 2023 frame the typical range for Operating Margin.
  • The sharpest annual moves came in 2021 and 2022: Operating Margin surged 448 bps in 2021, then sank 109 bps in 2022.
  • A 5-year view of Operating Margin shows it stood at 25.18% in 2021, then declined by 4 bps to 24.09% in 2022, then rose by 12 bps to 27.09% in 2023, then rose by 4 bps to 28.27% in 2024, then climbed by 4 bps to 29.52% in 2025.
  • Business Quant data shows RACE's Operating Margin at 29.52% in FY2025, 28.27% in FY2024, and 27.09% in FY2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Yr)
1 Tesla 1,297.09 Bn 1,252.41 Bn 4.72 Bn -
2 Toyota Motor 440.56 Bn 289.71 Bn 39.87 Bn 7.43%
3 Ferrari 75.26 Bn 73.46 Bn 1.09 Bn 29.52%
4 General Motors 72.40 Bn 50.02 Bn 4.32 Bn -
5 Ford Motor 56.05 Bn 25.60 Bn 7.94 Bn -
6 Rivian Automotive 20.65 Bn 15.84 Bn 119.00 Mn -
7 China Yuchai International 14.25 Bn 13.19 Bn 317.01 Mn 4.42%
8 VinFast Auto 7.11 Bn 10.11 Bn -15,731.99 Bn -22.01%
9 Digital Currency X Technology 4.89 Bn 4.89 Bn - -
10 Xpeng 4.49 Bn 1.59 Bn 388.90 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2025 29.52%
Dec 31, 2024 28.27%
Dec 31, 2023 27.09%
Dec 31, 2022 24.09%
Dec 31, 2021 25.18%
Dec 31, 2020 20.70%
Dec 31, 2019 24.36%
Dec 31, 2018 24.16%
Dec 31, 2017 22.69%
Dec 31, 2016 19.16%
Dec 31, 2015 15.57%
Dec 31, 2014 14.10%
Dec 31, 2013 15.57%