Ferrari NV (MIL:RACE) COGS-to-Revenue : 0.50 (As of Dec. 2024)

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What is Ferrari NV COGS-to-Revenue?

Ferrari NV's Cost of Goods Sold for the three months ended in Dec. 2024 was €864 Mil. Its Revenue for the three months ended in Dec. 2024 was €1,736 Mil.

Ferrari NV's COGS to Revenue for the three months ended in Dec. 2024 was 0.50.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Ferrari NV's Gross Margin % for the three months ended in Dec. 2024 was 50.20%.

Ferrari NV COGS-to-Revenue Historical Data

The historical data trend for Ferrari NV's COGS-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Ferrari NV COGS-to-Revenue Chart

Ferrari NV Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

COGS-to-Revenue

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0.49

0.52

0.50

Ferrari NV Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
COGS-to-Revenue	Get a 7-Day Free Trial															0.51	0.49	0.50	0.50	0.50

Ferrari NV COGS-to-Revenue Calculation

Ferrari NV's COGS to Revenue for the fiscal year that ended in Dec. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	3329.483	/	6676.668
	=	0.50

Ferrari NV's COGS to Revenue for the quarter that ended in Dec. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	864.215	/	1735.541
	=	0.50

Ferrari NV (MIL:RACE) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Ferrari NV's Gross Margin % for the three months ended in Dec. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	864.215 / 1735.541
	=	50.20 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

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Ferrari NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ferrari NV (MIL:RACE) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

RACE:USA RACEN:Mexico RACEm:UK 0RDT:UK 2FE:Germany 2FE:Germany 2FE:Germany 2FE:Germany 2FE:Bulgaria RACE:Austria

Address

Via Abetone Inferiore n. 4, Maranello, ITA, I-41053

Website

https://www.ferrari.com

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%.