Ferrari N.V. (BIT:RACE)
Italy · Delayed Price · Currency is EUR 373.85
-3.45 (-0.91%)
Nov 6, 2026, 5:38 PM CET
Ferrari Cash Flow Statement
Financials in millions EUR. Fiscal year is January - December.
Millions EUR. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 1,685 | 1,597 | 1,522 | 1,252 | 932.61 | 830.77 |
Depreciation & Amortization | 348.14 | 335.77 | 336 | 319.31 | 288.5 | 261.52 |
Other Amortization | 352.39 | 326.17 | 330.78 | 343 | 257.73 | 194.47 |
Loss (Gain) on Equity Investments | -13.44 | -12.57 | -8.25 | -6.14 | -6.18 | -6.9 |
Other Operating Activities | 400.06 | 191.66 | 128.86 | 166.69 | 76.87 | 162.42 |
Change in Accounts Receivable | -31.21 | -20.62 | -94.03 | -33.38 | -48.4 | 1.77 |
Change in Inventory | -198.28 | -76.68 | -157.53 | -309.56 | -153.89 | -81.31 |
Change in Accounts Payable | 9.24 | -59.13 | 7.67 | 43.28 | 103.98 | 72.57 |
Change in Other Net Operating Assets | 4.36 | 67.8 | -138.73 | -58.61 | -47.88 | -152.59 |
Operating Cash Flow | 2,556 | 2,349 | 1,927 | 1,717 | 1,403 | 1,283 |
Operating Cash Flow Growth | 9.93% | 21.94% | 12.23% | 22.32% | 9.40% | 53.03% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -482.36 | -485.21 | -482.28 | -381.76 | -347.73 | -352.32 |
Sale of Property, Plant & Equipment | 0.19 | 0.4 | 2.04 | 2.46 | 0.58 | 4.41 |
Cash Acquisitions | -1.35 | -1.35 | - | - | - | - |
Sale (Purchase) of Intangibles | -482.28 | -457.98 | -506.87 | -487.15 | -456.89 | -384.83 |
Investment in Securities | 8.26 | - | - | - | -1.37 | - |
Investing Cash Flow | -957.55 | -944.14 | -987.11 | -866.45 | -805.41 | -732.74 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 584.9 | 1,113 | 435.81 | 262.29 | 557.82 |
Long-Term Debt Repaid | - | -932.58 | -411.64 | -751.07 | -167.54 | -745.14 |
Lease Payments | -30.91 | -23.83 | -22 | -17.69 | -16.5 | -21.61 |
Total Debt Repaid | -375.51 | -932.58 | -411.64 | -751.07 | -167.54 | -745.14 |
Net Debt Issued (Repaid) | 181.77 | -347.67 | 701.03 | -315.26 | 94.75 | -187.32 |
Repurchase of Common Stock | -837 | -785.33 | -581.08 | -460.63 | -396.52 | -230.9 |
Common Dividends Paid | -634.64 | -529.71 | -439.92 | -328.63 | -249.52 | -160.1 |
Other Financing Activities | -2.74 | -4.45 | -4.79 | -4.89 | -2.27 | -1.35 |
Financing Cash Flow | -1,293 | -1,667 | -324.76 | -1,109 | -553.56 | -579.67 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | 4.36 | -12.51 | 5.45 | -7.7 | 0.38 | 11.42 |
Net Cash Flow | 310.16 | -274.5 | 620.23 | -266.92 | 44.76 | -18.26 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 2,074 | 1,864 | 1,444 | 1,335 | 1,056 | 930.41 |
Free Cash Flow Growth | 12.72% | 29.06% | 8.20% | 26.46% | 13.46% | 93.36% |
Free Cash Flow Margin | 27.71% | 26.09% | 21.63% | 22.36% | 20.72% | 21.79% |
Free Cash Flow Per Share | 11.73 | 10.45 | 8.03 | 7.35 | 5.76 | 5.04 |
Levered Free Cash Flow | 1,120 | 839.14 | 543.27 | 637.36 | 612.9 | 345.17 |
Unlevered Free Cash Flow | 1,140 | 864.87 | 568.31 | 655.65 | 628.83 | 359.97 |
Free Cash Flow After Leases | 2,043 | 1,840 | 1,422 | 1,317 | 1,039 | 908.81 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 66.83 | 126.26 | 50.35 | 83.24 | 37.35 | 29.2 |
Cash Income Tax Paid | 329.43 | 385.55 | 409.79 | 292.46 | 304.69 | - |
Change in Working Capital | -215.9 | -88.63 | -382.62 | -358.27 | -146.19 | -159.56 |