Ferrari Return On Tangible Equity 2015-2024 | RACE
- Ferrari average return on tangible equity for 2023 was 195.26, a 36.85% decline from 2022.
- Ferrari average return on tangible equity for 2022 was 309.18, a 79.83% decline from 2021.
- Ferrari average return on tangible equity for 2021 was 1532.56, a 521.19% decline from 2020.
Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.