Ferrari N.V.
RACE · NYSE
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Operating Activities | – | – | – | – |
| Net Income | $1,526 | $1,252 | $939 | $833 |
| Dep. & Amort. | $667 | $662 | $546 | $456 |
| Deferred Tax | $363 | $345 | $238 | $209 |
| Stock-Based Comp. | $0 | $0 | $0 | $0 |
| Change in WC | -$383 | -$358 | -$146 | -$160 |
| Other Non-Cash | -$246 | -$184 | -$174 | -$56 |
| Operating Cash Flow | $1,927 | $1,717 | $1,403 | $1,283 |
| Investing Activities | – | – | – | – |
| PP&E Inv. | -$482 | -$382 | -$348 | -$352 |
| Net Acquisitions | $2 | $0 | -$1 | $0 |
| Inv. Purchases | $0 | $0 | $0 | $0 |
| Inv. Sales/Matur. | $0 | $0 | $0 | $0 |
| Other Inv. Act. | -$507 | -$485 | -$456 | -$380 |
| Investing Cash Flow | -$987 | -$866 | -$805 | -$733 |
| Financing Activities | – | – | – | – |
| Debt Repay. | $701 | -$315 | $95 | -$187 |
| Stock Issued | $0 | $0 | $0 | $0 |
| Stock Repurch. | -$581 | -$461 | -$397 | -$231 |
| Dividends Paid | -$440 | -$329 | -$250 | -$160 |
| Other Fin. Act. | -$5 | -$5 | -$2 | -$1 |
| Financing Cash Flow | -$325 | -$1,109 | -$554 | -$580 |
| Forex Effect | $5 | -$8 | $0 | $11 |
| Net Chg. in Cash | $620 | -$267 | $45 | -$18 |
| Supplemental Information | – | – | – | – |
| Beg. Cash | $1,122 | $1,389 | $1,344 | $1,362 |
| End Cash | $1,742 | $1,122 | $1,389 | $1,344 |
| Free Cash Flow | $938 | $848 | $599 | $546 |