Ferrari
RACE
#223
Rank
$75.73 B
Marketcap
$420.33
Share price
-1.04%
Change (1 day)
50.02%
Change (1 year)

Operating Margin for Ferrari (RACE)

Operating Margin as of April 2024 (TTM): 24.96%

According to Ferrari's latest financial reports and stock price the company's current Operating Margin is 24.96%. At the end of 2022 the company had an Operating Margin of 23.11%.

Operating Margin history for Ferrari from 2014 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202223.11%-5.28%
202124.40%26.57%
202019.28%-17.04%
201923.24%-1%
201823.48%7.5%
201721.84%19.51%
201618.27%20.12%
201515.21%5.51%
201414.42%-8.12%
201315.69%4.34%
201215.04%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
24.96% 0.00%๐Ÿ‡ฎ๐Ÿ‡น Italy

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.