Ferrari NV (XBUL:2FE) Gross Margin % : 50.20% (As of Dec. 2024)

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What is Ferrari NV Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Ferrari NV's Gross Profit for the three months ended in Dec. 2024 was лв1,696 Mil. Ferrari NV's Revenue for the three months ended in Dec. 2024 was лв3,378 Mil. Therefore, Ferrari NV's Gross Margin % for the quarter that ended in Dec. 2024 was 50.20%.

The historical rank and industry rank for Ferrari NV's Gross Margin % or its related term are showing as below:

XBUL:2FE' s Gross Margin % Range Over the Past 10 Years
Min: 47.49 Med: 50.7 Max: 52.55
Current: 50.13

During the past 13 years, the highest Gross Margin % of Ferrari NV was 52.55%. The lowest was 47.49%. And the median was 50.70%.

XBUL:2FE's Gross Margin % is ranked better than
95.34% of 1287 companies
in the Vehicles & Parts industry
Industry Median: 20.06 vs XBUL:2FE: 50.13

Ferrari NV had a gross margin of 50.20% for the quarter that ended in Dec. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Ferrari NV was -1.00% per year.

Ferrari NV Gross Margin % Historical Data

The historical data trend for Ferrari NV's Gross Margin % 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.

* Premium members only.

Ferrari NV Gross Margin % Chart

Ferrari NV Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Gross Margin %

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51.26

51.28

48.01

49.82

50.13

Ferrari NV Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Gross Margin %	Get a 7-Day Free Trial															48.81	50.67	49.97	49.70	50.20

Competitive Comparison of Ferrari NV's Gross Margin %

For the Auto Manufacturers subindustry, Ferrari NV's Gross Margin %, along with its competitors' market caps and Gross Margin % 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's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ferrari NV's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Ferrari NV's Gross Margin % falls into.

Ferrari NV Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Ferrari NV's Gross Margin for the fiscal year that ended in Dec. 2024 is calculated as

Gross Margin % (A: Dec. 2024 )	=	Gross Profit (A: Dec. 2024 )	/	Revenue (A: Dec. 2024 )
	=	6514.4	/	12994.334
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(12994.334 - 6479.941)	/	12994.334
	=	50.13 %

Ferrari NV's Gross Margin for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )	=	Gross Profit (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	1695.8	/	3377.763
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(3377.763 - 1681.962)	/	3377.763
	=	50.20 %

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Ferrari NV (XBUL:2FE) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Ferrari NV had a gross margin of 50.20% for the quarter that ended in Dec. 2024 => Durable competitive advantage

Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.

Ferrari NV Gross Margin % Related Terms

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Ferrari NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ferrari NV (XBUL:2FE) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

RACE:USA RACEN:Mexico RACE:Italy RACEm:UK 0RDT:UK 2FE:Germany 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 2023, the company sold 13,663 vehicles at an average price over EUR 400,000 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 2023, the Europe, Middle East, and Africa region accounted for 48% of revenue, the Americas was 30%, mainland China, Hong Kong, and Taiwan was 10%, and the rest of Asia was 13%.

Ferrari NV Headlines

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