RACE (Ferrari NV) Debt-to-Equity: 0.72 (As of Mar. 2026) — 42% Below Median


RACE Ferrari NV RACE
94 GF Score
Price $376.64
GF Value $503.66
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Ferrari NV Debt-to-Equity?

Ferrari NV RACE +0.53% 94 Debt-to-Equity is 0.72 as of Mar. 2026, which is 42% below its 10-year median of 1.25. GuruFocus rates RACE with a GF Score™ of 94/100 and a GF Value™ of $503.66 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,217 Vehicles & Parts companies, Ferrari NV ranks worse than 65.9% on this metric.

Ferrari NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0 Mil. Ferrari NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $3,386 Mil. Ferrari NV's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $4,680 Mil. Ferrari NV's debt to equity for the quarter that ended in Mar. 2026 was 0.72.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Ferrari NV's Debt-to-Equity or its related term are showing as below:

RACE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.72   Med: 1.25   Max: 23.39
Current: 0.72

During the past 13 years, the highest Debt-to-Equity Ratio of Ferrari NV was 23.39. The lowest was 0.72. And the median was 1.25.

RACE's Debt-to-Equity is ranked worse than
65.9% of 1217 companies
in the Vehicles & Parts industry
Industry Median: 0.46 vs RACE: 0.72

Ferrari NV  (NYSE:RACE) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Ferrari NV Debt-to-Equity Related Terms


Ferrari NV Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Ferrari NV's Debt-to-Equity 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.

Ferrari NV Debt-to-Equity Chart

Ferrari NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.19 1.08 0.81 0.95 0.74

Ferrari NV Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.93 0.89 0.76 0.74 0.72

RACE vs TSLA, GM, F: Debt-to-Equity Comparison

For the Auto Manufacturers subindustry, Ferrari NV's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ferrari NV Debt-to-Equity vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ferrari NV's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Ferrari NV's Debt-to-Equity falls into.


RACE
94GF Score
Ferrari NV RACE
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Ferrari NV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ferrari NV's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Ferrari NV's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.72 mean?
Ferrari NV (RACE) has a Debt-to-Equity of 0.72 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Ferrari NV and its competitors. This is 42% below median its historical median of 1.25. Over the past decade, Ferrari NV's Debt-to-Equity has ranged from 0.72 to 23.39. According to the industry distribution chart, Ferrari NV ranks #802 out of 1217 companies in the Vehicles & Parts industry, placing it in the top 65.9%.
Is Ferrari NV's Debt-to-Equity too high?
Ferrari NV's current Debt-to-Equity of 0.72 is 42% below median its 10-year median of 1.25. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 23.39. The Vehicles & Parts industry median Debt-to-Equity is 0.46. Ferrari NV's value of 0.72 is 56.5% above this industry median. Based on the distribution chart, Ferrari NV ranks #802 out of 1217 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Ferrari NV has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ferrari NV's Debt-to-Equity compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Ferrari NV ranks #802 out of 1217 companies for Debt-to-Equity. This places Ferrari NV in the lower half of its industry. The industry median Debt-to-Equity is 0.46. Ferrari NV's value of 0.72 is 56.5% above this benchmark. Historically, Ferrari NV's own Debt-to-Equity has ranged from 0.72 to 23.39 over the past decade. While the company's 10-year median is 1.25 vs. the industry median of 0.46, Ferrari NV has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Vehicles & Parts company?
The median Debt-to-Equity among Vehicles & Parts companies is 0.46, based on 1,217 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ferrari NV's current Debt-to-Equity of 0.72 is 56.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Ferrari NV and its competitors. For the Vehicles & Parts industry, the median Debt-to-Equity is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ferrari NV's current Debt-to-Equity is 0.72, which is 42% below median its own 10-year median of 1.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ferrari NV stock overvalued right now?
Based on GuruFocus' analysis, Ferrari NV (RACE) is currently considered Modestly Undervalued. The stock's GF Value™ is $503.66, compared to a current price of $376.64 — trading 25.2% below its estimated fair value. The current Debt-to-Equity is 0.72, which is 42% below median its 10-year median of 1.25 and 56.5% above the Vehicles & Parts industry median of 0.46. Ferrari NV's overall GF Score™ is 94/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Ferrari NV (RACE), the current Debt-to-Equity is 0.72 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ferrari NV (RACE) Overvalued in 2026?

Based on GuruFocus' analysis, Ferrari NV stock appears to be undervalued. The current stock price of $376.64 is trading 25.2% below its estimated GF Value™ of $503.66. GuruFocus considers Ferrari NV to be Modestly Undervalued.

Key valuation signals for RACE:

  • Debt-to-Equity: 0.72 (42% below median its 10-year median of 1.25)
  • GF Value™: $503.66 vs. price of $376.64 (25.2% below fair value)
  • GF Score™: 94/100 with 2 warning signs
  • Industry Position: 56.5% above the Vehicles & Parts median (#802 of 1217)

No single metric tells the full story. See the RACE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ferrari NV Business Description

Address Via Abetone Inferiore n. 4, Maranello, ITA, I-41053
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 2025, the company sold 13,640 vehicles at an average price over EUR 520,000 with more than 80% of its vehicles being sold to existing Ferrari clients. Eighty-four 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 2025, the Europe, Middle East, and Africa region accounted for 49% of revenue, the Americas was 32%, mainland China, Hong Kong, and Taiwan was 7%, and the rest of Asia was 12%.
94GF Score

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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$376.64
Price
$503.66
GF Value