Ferrari N.V.
Dividend Score
Dividend Score ranks stocks based on metrics important to dividend investors, helping you identify companies with a history of consistent dividends and the financial strength
Dividend Payout Ratio
RACE's Dividend Payout Ratio of 36.03% is considered safe for the Consumer Cyclical sector, indicating that the company retains enough earnings to support business growth.
Interest Rate Coverage
RACE's Interest Coverage Ratio of 19.341 indicates strong financial health with easy coverage of interest expenses.
Dividend Stability
RACE has shown inconsistent dividend payments over the past 5 years with 1 cuts over 5%.
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Ferrari N.V. Key Metrics
- Market Cap
- $75B
- 52 Weeks Low
- $285.02
- 52 Weeks High
- $442.80
- Dividend Yield
- 0.65%
- P/E
- 52.52x
- P/S
- 11.21x
Upcoming Events
RACE Dividends
- Dividend Yield
- 0.65%
- Payout Ratio
- 36.03%
- Dividend Amount Per Share
- $2.60
- Last Ex-Dividend Date
- Apr 22, 2024
RACE Dividend Saftey
RACE paid out 36.03% of its $1B earnings as dividends over the last 12 months.
Very Safe
Very Unsafe
Unsafe
Somewhat Safe
Safe
Very Safe
Dividend Payout Ratio
RACE's Dividend Payout Ratio of 36.03% is considered safe for the Consumer Cyclical sector, indicating that the company retains enough earnings to support business growth.
Interest Rate Coverage
RACE's Interest Coverage Ratio of 19.341 indicates strong financial health with easy coverage of interest expenses.
Income Quality
RACE demonstrates robust income quality with consistent, high-quality earnings and minimal risk of dividend cuts.
RACE Dividend Growth
Ferrari N.V.(RACE) offers a dividend yield of 0.65% and pays $2.60 in dividends per share. Explore the historical dividend growth of RACE.
Dividend Stability
RACE has shown inconsistent dividend payments over the past 5 years with 1 cuts over 5%.
Dividend Growth
RACE's dividend payments have increased by 16.185% annually over the last 5 years.
Earnings Growth
RACE's earnings have grown by 10.677% annually over the last 5 years. This strong earnings growth suggests a stable and increasing income stream, supporting the sustainability and potential growth of dividend payouts.
RACE Dividend Yield Attractiveness
Ferrari N.V.(RACE) provides a dividend yield of 0.65%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.
Yield %
0.65%
2.04%
2.16%
2.57%
Dividend Yield
RACE's dividend yield of 0.65% is considered good compared to the sector average of 2.036%, providing a strong safety margin for investors.
RACE Financials
RACE Income Statement Key Metrics
- Revenue(TTM)6.13 B
- Gross Profit(TTM)3.06 B
- EBITDA(TTM)2.33 B
- Net Income(TTM)1.31 B
- EPS Diluted(TTM)7.23
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RACE earnings and revenue history
Gross Profit Margin vs Peers
Profit margin ratio of RACE (0.498) is higher than the average of its peers (-0.244).
Net Profit Margin vs Peers
Net profit margin ratio of RACE (0.210) is higher than the average of its peers (-0.746).
Revenue Growth
RACE's revenue has grown modestly over the past 10 years, increasing by over 8.01%.
RACE Return on Equity
See how efficiently RACE generates profit for it's shareholders.
40.90%
Poor
Average
Strong
Return on Equity vs Peers
Return on Equity ratio of RACE (0.409) is higher than the average of its peers (-0.093).
Return on Equity Growth
RACE's Return on Equity has grown significantly over the past 10 years, increasing by over 14.48%.
RACE FY, 2023 Revenue Breakdown
See how RACE converts it's revenue into profit.
RACE Balance Sheet Health
RACE Balance Sheet Breakdown 2023
Assets
Long Term Assets
Cash & Equivalents
Inventory
Receivables
Property Plant Equipments
Others
Liabilities
Short Term Debt
Long Term Debt
Account Payables
Others
RACE financial position analysis
Short Term Liabilities
RACE's short term assets($4B) can safely cover it's short term liabilities($1B).
Long Term Liabilities
RACE's short term assets($4B) can safely cover it's long term liabilities($4B).