Ferrari NVFRA:2FE -0.87%91 Net Margin % is 22.34% as of Mar. 2026, which is 18% above its 10-year median of 18.96. GuruFocus rates FRA:2FE with a GF Score™ of 91/100 and a GF Value™ of €432.69 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,326 Vehicles & Parts companies, Ferrari NV ranks better than 96.98% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Ferrari NV's Net Income for the
three
months ended in Mar. 2026 was €413 Mil. Ferrari NV's Revenue for the
three
months ended in Mar. 2026 was €1,848 Mil. Therefore, Ferrari NV's net margin for the quarter that ended in Mar. 2026 was 22.34%.
The historical rank and industry rank for Ferrari NV's Net Margin % or its related term are showing as below:
FRA:2FE'
s Net Margin % Range Over the Past 10 Years
Min: 12.84 Med: 18.96 Max: 22.94
Current: 22.19
FRA:2FE's Net Margin % is ranked better than 96.98% of 1326
companies
in the Vehicles & Parts industry
Industry Median: 3.205
vs FRA:2FE: 22.19
Ferrari NV (FRA:2FE) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Ferrari NV Net Margin % Related Terms
Ferrari NV Net Margin % Historical Data
* Premium members only.
The historical data trend for Ferrari NV's Net 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.
For the Auto Manufacturers subindustry, Ferrari NV's Net Margin %, along with its competitors' market caps and Net 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 Net Margin % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Ferrari NV's Net Margin % distribution charts can be found below:
* The bar in red indicates where Ferrari NV's Net Margin % falls into.
* 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 (FRA:2FE) has a Net Margin % of 22.34% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Ferrari NV and its competitors. This is 18% above median its historical median of 18.96. Over the past decade, Ferrari NV's Net Margin % has ranged from 12.84 to 22.94. According to the industry distribution chart, Ferrari NV ranks #40 out of 1326 companies in the Vehicles & Parts industry, placing it in the top 3%.
Is Ferrari NV's Net Margin % too high?
Ferrari NV's current Net Margin % of 22.34% is 18% above median its 10-year median of 18.96. Over the past 10 years, this metric has ranged from a low of 12.84 to a high of 22.94. The Vehicles & Parts industry median Net Margin % is 3.21. Ferrari NV's value of 22.34% is 597% above this industry median. Based on the distribution chart, Ferrari NV ranks #40 out of 1326 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Ferrari NV has a GF Score™ of 91/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ferrari NV's Net Margin % compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Ferrari NV ranks #40 out of 1326 companies for Net Margin %. This places Ferrari NV in the top 3% of its industry — outperforming the majority of peers. The industry median Net Margin % is 3.21. Ferrari NV's value of 22.34% is 597% above this benchmark. Historically, Ferrari NV's own Net Margin % has ranged from 12.84 to 22.94 over the past decade. While the company's 10-year median is 18.96 vs. the industry median of 3.21, 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 Net Margin % for a Vehicles & Parts company?
The median Net Margin % among Vehicles & Parts companies is 3.21, based on 1,326 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ferrari NV's current Net Margin % of 22.34% is 597% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Ferrari NV and its competitors. For the Vehicles & Parts industry, the median Net Margin % is 3.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ferrari NV's current Net Margin % is 22.34%, which is 18% above median its own 10-year median of 18.96. 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 (FRA:2FE) is currently considered Significantly Undervalued. The stock's GF Value™ is €432.69, compared to a current price of €302.50 — trading 30.1% below its estimated fair value. The current Net Margin % is 22.34%, which is 18% above median its 10-year median of 18.96 and 597% above the Vehicles & Parts industry median of 3.21. Ferrari NV's overall GF Score™ is 91/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Ferrari NV (FRA:2FE), the current Net Margin % is 22.34% 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 (FRA:2FE) Overvalued in 2026?
Based on GuruFocus' analysis, Ferrari NV stock appears to be undervalued.
The current stock price of €302.50 is trading 30.1% below its estimated GF Value™ of €432.69.
GuruFocus considers Ferrari NV to be Significantly Undervalued.
Key valuation signals for FRA:2FE:
Net Margin %: 22.34% (18% above median its 10-year median of 18.96)
GF Value™: €432.69 vs. price of €302.50 (30.1% below fair value)
Industry Position: 597% above the Vehicles & Parts median (#40 of 1326)
No single metric tells the full story. See the FRA:2FE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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%.
91GF Score
Get the complete analysis for FRA:2FE
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:2FE has been successfully added to your 
