Ferrari NV (LTS:0RDT) Tax Rate % : 19.50% (As of Sep. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Ferrari NV Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ferrari NV's Tax Expense for the three months ended in Sep. 2024 was €91 Mil. Ferrari NV's Pre-Tax Income for the three months ended in Sep. 2024 was €466 Mil. Therefore, Ferrari NV's Tax Rate % for the quarter that ended in Sep. 2024 was 19.50%.

Ferrari NV Tax Rate % Historical Data

The historical data trend for Ferrari NV's Tax Rate % 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 Tax Rate % Chart

Ferrari NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

Get a 7-Day Free Trial

20.18

8.72

20.06

20.25

21.52

Ferrari NV Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Tax Rate %	Get a 7-Day Free Trial															22.00	19.93	20.00	19.07	19.50

Ferrari NV Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Ferrari NV's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	344.897	/	1602.354
	=	21.52 %

Ferrari NV's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2024 )	/	Pre-Tax Income (Q: Sep. 2024 )
	=	90.817	/	465.73
	=	19.50 %

Ferrari NV Tax Rate % Related Terms

Thank you for viewing the detailed overview of Ferrari NV's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Ferrari NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ferrari NV (LTS:0RDT) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

RACE:USA RACEN:Mexico RACE:Italy RACEm:UK 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 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

No Headlines