Ferrari (RACE) Tax Rate (2014 - 2026)
Ferrari (RACE) recorded Tax Rate of 23.00% in Q3 2026, up 1.00 percentage points from 22.00% a year earlier and unchanged from the prior quarter.
Ferrari (RACE) Tax Rate (2014 - 2026) Analysis & Trends
On a TTM basis, Ferrari's Tax Rate came in at 23.24% as of Sep 30, 2026, up 2.10 percentage points year-over-year; for FY2025, it came in at 22.49%, up 3.27 percentage points from FY2024.
- Annual Tax Rate has a five-year change of +13.77 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 19.22% in FY2024 (-2.31 pp), 21.52% in FY2023 (+1.28 pp), 20.25% in FY2022 (+0.19 pp) and 20.06% in FY2021 (+11.34 pp).
- Quarterly Tax Rate has ranged from 12.79% in Q4 2022 to 23.95% in Q4 2025 over the past five years.
- On a year-over-year basis, Tax Rate has increased for seven consecutive quarters, with an average year-over-year change of +1.82 percentage points over the last eight quarters.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 7.10 percentage points in Q4 2023, against a drop of 5.20 percentage points in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 23.00% (Q2 2026), 23.09% (Q1 2026) and 23.95% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,160.73 Bn | 982.96 Bn | 5.49 Bn | 15.90% |
| 2 | General Motors | 75.19 Bn | -29.42 Bn | 9.28 Bn | 14.33% |
| 3 | Ferrari | 74.17 Bn | 66.47 Bn | 1.14 Bn | 23.00% |
| 4 | Ford Motor | 49.64 Bn | -84.78 Bn | 7.38 Bn | 4.52% |
| 5 | Honda Motor | 47.63 Bn | -102.18 Bn | 8.46 Bn | - |
| 6 | Toyota Motor | 28.28 Bn | -349.28 Bn | 19.83 Bn | 23.90% |
| 7 | Rivian Automotive | 19.71 Bn | -2.02 Bn | 176.00 Mn | - |
| 8 | Magna International | 17.43 Bn | 11.40 Bn | 1.63 Bn | 27.54% |
| 9 | Stellantis | 12.80 Bn | -148.64 Bn | 3.94 Bn | - |
| 10 | Li Auto | 12.62 Bn | -36.34 Bn | 417.98 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 23.00% |
| Jun 30, 2026 | 23.00% |
| Mar 31, 2026 | 23.09% |
| Dec 31, 2025 | 23.95% |
| Sep 30, 2025 | 22.00% |
| Jun 30, 2025 | 22.00% |
| Mar 31, 2025 | 21.97% |
| Dec 31, 2024 | 18.22% |
| Sep 30, 2024 | 19.50% |
| Jun 30, 2024 | 19.07% |
| Mar 31, 2024 | 20.00% |
| Dec 31, 2023 | 19.89% |
| Sep 30, 2023 | 22.00% |
| Jun 30, 2023 | 22.00% |
| Mar 31, 2023 | 22.00% |
| Dec 31, 2022 | 12.79% |
| Sep 30, 2022 | 20.00% |
| Jun 30, 2022 | 20.00% |
| Mar 31, 2022 | 20.00% |
| Dec 31, 2021 | 17.99% |
Ferrari Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=RACE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "RACE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=RACE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();