GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Dr. Ing. h.c. F. Porsche AG (LTS:09II) » Definitions » FFO

Dr. Ing. h.c. F. Porsche AG (LTS:09II) FFO


View and export this data going back to 2022. Start your Free Trial

What is Dr. Ing. h.c. F. Porsche AG FFO?

FFO (Funds from operations) only applies to REITs.


Dr. Ing. h.c. F. Porsche AG Business Description

Address
Porscheplatz 1, Stuttgart, BW, DEU, 70435
Porsche designs, engineers, and manufactures premium cars synonymous with its racing history heritage, engineering mastery, sporty design, and driving experience. Porsche is uniquely positioned in that its brand is associated with luxury. However, it produces cars on a much larger scale than its superluxury peers. Porsche sold 311,000 vehicles in 2024 at an average price of EUR 129,000. Europe, North America, mainland China including Hong Kong, and the rest of the world accounted for 36%, 28%, 18%, and 18% of volumes in 2024, respectively. Ninety-two percent of revenue is generated from the sale of cars and related services, with the remainder from its captive finance arm. Porsche's equity is tightly held with Volkswagen owning 75.4% and Porsche SE (the Porsche/Piëch family) owning 12.5%.