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Ferrari N.V. (NYSE: RACE)

Auto Manufacturers Β· Maranello, Italy Β· Founded 1947

$75.0B
Market Cap
$8.31B
Revenue
5,500
Employees
$0.79B
Net Income
πŸ“Š Key Statistics for Ferrari N.V. (RACE)
  • Market capitalization: $75.0 billion
  • Annual revenue: $8.31 billion
  • Net income: $0.79 billion
  • Employees: 5,500
  • Sector: Consumer Cyclical
  • Headquarters: Maranello, Italy
  • Founded: 1947

Source: Statvoo company profile for Ferrari N.V.. Browse all 500+ companies

πŸ“‹ About Ferrari N.V.

Ferrari makes ultra-luxury sports cars and is arguably the most powerful brand in the automotive world. They deliberately limit production to maintain exclusivity β€” selling roughly 14,000 cars per year. The company also earns from licensing, merchandise, and its Formula 1 racing team.

πŸ’° How Ferrari N.V. Makes Money

Vehicle sales at eye-watering prices (average over €350,000), plus personalization programs where buyers pay extra for bespoke options. Brand licensing, merchandise, and F1 sponsorship revenue add high-margin income. Ferrari's pricing power is essentially unlimited β€” they raise prices and demand goes up.

πŸ“œ Key Milestones

Enzo Ferrari founded the company in 1939 in Maranello, Italy. Fiat acquired a stake in 1969, and Ferrari was spun off from Fiat Chrysler in 2016. The IPO valued the company at $10 billion; it's now worth over $70 billion. They launched their first SUV, the Purosangue, in 2022.

πŸ“Š Financial Overview
Market Capitalization$75.0B
Annual Revenue$8.31B
Net Income$0.79B
Profit Margin10%
Revenue per Employee$1510909K
Stock ExchangeNYSE
Ticker SymbolRACE

Financial data is approximate and based on most recent annual filings.

πŸ’‘ Did You Know?

Ferrari has a waiting list of over two years for most models β€” they could sell far more cars but choose not to. The company's operating margins exceed 25%, higher than most luxury goods companies, let alone automakers.

πŸ“ Analyst Take

Ferrari isn't really a car company β€” it's a luxury brand that happens to make cars. The stock is expensive, but the business model is nearly untouchable.

❓ Frequently Asked Questions

What is Ferrari N.V.'s revenue?

Ferrari N.V. generates approximately $8.31 billion in annual revenue.

How many employees does Ferrari N.V. have?

Ferrari N.V. employs approximately 5,500 people worldwide.

What is Ferrari N.V.'s market cap?

Ferrari N.V. (RACE) has a market capitalization of approximately $75.0 billion on the NYSE.

When was Ferrari N.V. founded?

Ferrari N.V. was founded in 1947 and is headquartered in Maranello, Italy.

Who is the CEO of Ferrari N.V.?

Benedetto Vigna is the current CEO of Ferrari N.V..

What is Ferrari N.V.'s website?

Ferrari N.V.'s official website is ferrari.com.