Ferrari Q1 2025

Ferrari Q1 2025

In Q1 2025, Ferrari's revenue grew by 13% to €1,791 million. Over the past four quarters (Q2 2024 – Q1 2025), revenue reached €6,883 million, a 12.4% increase compared to €6,126 million in the prior period (Q2 2023 – Q1 2024).

The company achieved an operating profit of €1,988 million over the last 12 months, up 18.8% year-over-year, resulting in an EBIT margin of 28.9% (TTM). This reflects a 156 bps improvement from the 27.3% EBIT margin in Q1 2024 (TTM).

Net profit for the past four quarters was €1,586 million, a 20.9% increase from the previous year.

Ferrari’s stock ($RACE.MI) is currently trading at €425. Over the past four quarters, earnings per share (diluted) reached €8.81, a 22% rise from €7.22 in Q1 2024 (TTM).

This results in a price-to-earnings (P/E) ratio of 48.2. According to Macrotrends (2025), Ferrari’s P/E multiple has ranged between 20.8 and 59.3 over the past decade. During this period, Ferrari’s net profit grew from €290 million in FY2015 to €1,586 million TTM, reflecting an 11.3% compound annual growth rate.

Since its IPO in October 2015 at $52, Ferrari’s stock has risen to $480 by May 2025, delivering a 26.4% CAGR and significantly outperforming market indices. 

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