RACE

Ferrari NV
D

RACE

462.94
USD
3.02
(0.66%)
Market Closed
Volume
14,568
EPS
10
Div Yield
0.74
P/E
48
Market Cap
82,497,380,612
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More
News

Title: Ferrari NV

Sector: Consumer Cyclical
Industry: Auto Manufacturers
Ferrari designs, engineers, and manufactures some of the world's most expensive luxury cars. With supply carefully controlled to be below demand and a brand steeped in decades of motor racing history, a Ferrari is viewed as a status symbol. In 2024, the company sold 13,752 vehicles at an average price over EUR 480,000 with more than 70% of its vehicles being sold to existing Ferrari clients. Eighty-six percent of revenue is generated from the sale of cars and spare parts and 10% from sponsorship, commercial, and brand activities including racing and lifestyle activities. In 2024, the Europe, Middle East, and Africa region accounted for 47% of revenue, the Americas was 33%, mainland China, Hong Kong, and Taiwan was 8%, and the rest of Asia was 12%.
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