Piaggio & C. S.p.A.

Piaggio & C. S.p.A.

PIAGF
Piaggio & C. S.p.A.US flagOther OTC
2.08
USD
- -
- -
732.78MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
3.37
3.36
3.59
3.66
3.75
3.88
4.26
3.68
4.67
5.87
5.6
4.81
4.24
4.18
Basic EPS, GAAP
-0.02
0.04
0.03
0.04
0.06
0.1
0.13
0.09
0.17
0.24
0.26
0.19
0.1
0.09
Free Cash Flow per Basic Share
-0.14
-0.08
0.07
0.08
0.18
0.09
0.21
0.15
0.2
0.25
0.06
-0.11
-0.02
0.09
Dividend per Share
0.09
- -
0.07
0.05
0.05
0.06
0.15
0.09
0.11
0.15
0.23
0.2
0.08
0.04
Book Value per Share
- -
- -
- -
- -
- -
0.58
0.58
0.63
0.66
0.74
0.72
0.66
0.64
0.6
Tangible Book Value per Share
-0.73
-0.71
-0.75
-0.77
-0.74
-0.75
-0.82
-0.91
-0.89
-0.88
-0.95
-1.06
-1.08
-1.04
Basic Weighted Avg Shares
360
361
361
359
358
358
357
357
357
356
354
354
354
352
Sales/Revenue/Turnover
1,213
1,213
1,295
1,313
1,342
1,390
1,521
1,314
1,669
2,087
1,985
1,701
1,502
1,473
Operating Margin (%)
5.51
5.46
4.26
4.4
4.65
5.79
7.04
5.72
6.93
7.82
9
8.58
6.49
6.26
Depreciation Expense
83
89
105
108
116
106
119
114
127
137
143
139
150
150
Net Income, GAAP
-7
16
12
14
20
36
47
31
60
85
91
67
34
31
Effective Tax Rate (%)
121.57
39.41
40.97
44.95
50.11
46.83
42.06
37.56
35.89
33.27
32.72
30.95
34.04
35.43
Profit Margin (%)
-0.54
1.32
0.92
1.07
1.49
2.6
3.07
2.38
3.6
4.07
4.59
3.95
2.26
2.07
Working Capital
-136
-85
-109
-100
-145
-79
-156
-191
-127
-159
-220
-212
-224
-192
LT Debt
426
489
497
535
446
512
484
484
547
529
487
540
525
538
Total Equity
392
413
404
394
385
392
384
372
404
418
416
418
396
405
Return on Invested Capital (%)
-1.53
4.08
3.2
2.99
2.98
4.26
6.03
4.54
7.05
10.47
11.81
9.61
5.97
5
Return on Capital (%)
-2.73
7.15
5.45
5.04
5.6
7.43
7.42
5.45
8.48
11.61
13.71
11.25
7.03
6.2
Return on Common Equity (%)
- -
- -
- -
- -
- -
34.75
22.52
14.46
25.94
33.98
35.25
27.52
14.73
14.24

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
141
173
257
LT Borrowings
534
514
525
LT Finance Leases
12
11
13
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
352
352
352
Market Capitalization
666
639
558

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
631
525
713
Cash, Cash Equivalents & STI
160
121
199
Accounts Receivable, Net
97
75
102
Inventories
310
273
352
Total Current Liabilities
819
750
904
Payables & Accruals
- -
- -
- -
ST Debt
141
173
257
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-0.13%
1.38%
-5.22%
Free Cash Flow
-19.59%
-73.63%
-78.97%
Net Income, GAAP
20.25%
12.95%
-49.41%
Sales/Revenue/Turnover
2.42%
4.24%
-11.72%
Total Cash Common Dividend
- -
6.43%
-59.16%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
428
562
367
344
1,701
2025
371
482
352
298
1,502
2026
342
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.05
- -
- -
- -
0.19
2025
0.02
- -
- -
- -
0.1
2026
0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.2
2025
- -
- -
- -
- -
0.08
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Michele Colaninno
Full Time Employees
5,542
Sector
Consumer Cyclical
Industry
Auto - Manufacturers
Address
Viale Rinaldo Piaggio, 25 Pontedera PI Italy 56025
IPO Date
Jun 25, 2008
Business
Piaggio & C. S.p.A. Piaggio & C. S.p.A. is an Italian manufacturer of two-wheeled motor vehicles, including scooters, motorcycles, and mopeds, as well as light commercial vehicles such as delivery tricycles and small vans; the company offers these products under the Piaggio, Vespa, Aprilia, and Moto Guzzi brands, along with related accessories and spare parts. Founded in 1884 and headquartered in Pontedera, Italy, Piaggio & C. S.p.A. operates seven manufacturing sites across Italy, India, Vietnam, and Indonesia, serving markets in Europe, the Middle East, Africa, the Americas, Asia-Pacific, and India. The company targets urban mobility consumers, premium riders, and commercial fleets with its diverse portfolio, including models like the Piaggio Beverly, Liberty, Medley, Ape, Porter, MP3, and electric options such as Piaggio 1. In recent developments, Piaggio Vehicles Pvt. Ltd., a key subsidiary, partnered with RiseWise Capital in 2025 to launch India's first battery replacement financing program for electric three-wheelers, enhancing accessibility in the EV segment. The company updated its Related Parties Transactions Procedure in July 2025 to strengthen governance. For the first nine months of 2025, Piaggio & C. S.p.A. reported a revenue decline but achieved a record gross margin of 30.4%, reflecting operational resilience amid market challenges. Note that Piaggio Aerospace, a separate entity historically linked to the group, was acquired by Turkey's Baykar in June 2025.

Company News

APIChat
  • Piaggio & C. SpA (PGGCY) Q1 2026 Earnings Call Transcript

  • Piaggio & C. SpA (PGGCY) Q4 2025 Earnings Call Transcript

  • Piaggio & C. (OTCMKTS:PIAGF) Trading Up 3.6% – Here’s Why

  • Piaggio & C. SpA (PGGCY) Q3 2025 Earnings Call Transcript

  • Piaggio & C. SpA (PIAGF) Q2 2025 Earnings Call Transcript

  • Piaggio & C. SpA: Italian Icon Ready For Electrification

  • Piaggio & C. SpA (PIAGF) Q1 2025 Earnings Call Transcript

  • Vespa maker Piaggio posts record margin despite 'anomalous' economy

  • Turkish drone maker Baykar buys Italy's Piaggio Aerospace

  • Piaggio & C. SpA (PIAGF) Q1 2024 Earnings Call Transcript

  • Italian Vespa maker Piaggio launches AI-driven factory robot

  • Piaggio & C. SpA (PIAGF) Q4 2023 Earnings Call Transcript

  • Vespa maker Piaggio misses FY consensus on EBITDA after drop in sales

  • Piaggio & C. SpA (PIAGF) Q3 2023 Earnings Call Transcript

  • Vespa maker Piaggio posts record nine-month profit

  • Italy's Piaggio Aerospace opens data room to potential buyers

  • Piaggio & C. SpA (PIAGF) Q3 2022 Earnings Call Transcript

  • Piaggio & C. SpA (PIAGF) CEO Roberto Colaninno on Q2 2022 Results - Earnings Call Transcript

  • Piaggio & C. SpA (PIAGF) CEO Roberto Colaninno on Q1 2022 Results - Earnings Call Transcript

  • Piaggio & C. SpA (PIAGF) CEO Roberto Colaninno on Q4 2021 Results - Earnings Call Transcript