Mercedes-Benz Group AG

Mercedes-Benz Group AG

41.43
EUR
+0.46
(+1.12%)
5.17EPS
8.74P/E
41.58BMarket Cap
Oct 28Next Earn
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
110.39
121.4
139.71
143.26
153.44
156.44
161.47
113.83
125.16
140.23
143.82
145.3
137.38
136.96
Basic EPS, GAAP
6.4
6.51
7.87
7.97
9.61
6.78
2.22
3.39
21.5
13.55
13.46
10.19
5.34
5.01
Free Cash Flow per Basic Share
-3.39
-7.09
-6.65
-4.79
-11.04
-9.68
-2.75
12.87
16.1
9.34
5.91
9.05
8.59
3.74
Dividend per Share
2.2
2.25
2.45
3.25
3.25
3.65
3.25
0.9
1.35
5
5.24
5.48
4.3
- -
Book Value per Share
39.9
40.81
50.06
54.17
59.7
60.45
57.34
56.73
67.25
79.84
85.78
96.19
97.41
96.68
Tangible Book Value per Share
31.12
32.06
40.65
42.86
46.86
46.61
42.4
41.4
53.23
65.01
69.34
76.01
75.95
74.57
Basic Weighted Avg Shares
1,069
1,070
1,070
1,070
1,070
1,070
1,070
1,070
1,070
1,070
1,060
1,002
962
953
Sales/Revenue/Turnover
117,982
129,872
149,467
153,261
164,154
167,362
172,745
121,778
133,893
150,017
152,390
145,594
132,214
130,506
Operating Margin (%)
6.6
7.3
8.47
8.14
7.69
5.88
2.33
4.67
11.19
11.92
11.5
8.45
3.68
4.78
Depreciation Expense
4,368
4,999
5,384
5,478
5,676
6,305
7,751
8,957
6,980
6,521
6,663
6,772
7,223
7,135
Net Income, GAAP
6,842
6,962
8,424
8,526
10,278
7,249
2,377
3,627
23,006
14,501
14,261
10,207
5,141
4,773
Effective Tax Rate (%)
14
28.34
31.65
30.14
23.99
28.44
29.27
32.33
30.11
27.06
27.65
26.42
15.17
25.97
Profit Margin (%)
5.8
5.36
5.64
5.56
6.26
4.33
1.38
2.98
17.18
9.67
9.36
7.01
3.89
3.66
Working Capital
11,333
10,171
14,766
17,595
19,272
23,661
21,998
15,455
15,254
14,471
20,742
26,941
28,364
25,338
LT Debt
39,375
46,021
53,923
62,887
71,545
80,895
88,752
75,143
62,680
51,590
55,093
62,593
53,006
53,756
Total Equity
43,363
44,584
54,624
59,133
65,159
66,053
62,841
62,248
73,167
86,540
92,816
93,630
94,240
92,762
Return on Invested Capital (%)
6.52
6.69
6.74
5.63
5.95
3.98
1.42
1.97
5.71
7.77
7.01
4.82
2.05
2.56
Return on Capital (%)
5.75
6.78
6.79
5.97
6.43
4.21
1.48
1.91
13.32
8.58
8.24
5.68
2.91
2.73
Return on Common Equity (%)
16.98
16.13
17.33
15.29
16.87
11.28
3.77
5.94
34.69
18.43
16.1
11.07
5.53
5.13

Capital Structure

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
29,261
27,819
30,602
LT Borrowings
51,432
52,065
52,282
LT Finance Leases
1,574
1,540
1,474
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
957
949
949
Market Capitalization
57,717
50,651
41,576

Working Capital

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
102,132
104,803
104,392
Cash, Cash Equivalents & STI
19,422
22,828
21,010
Accounts Receivable, Net
34,476
36,189
36,978
Inventories
23,616
23,957
24,558
Total Current Liabilities
73,768
75,435
79,054
Payables & Accruals
- -
- -
- -
ST Debt
29,261
27,819
30,602
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.86%
8.92%
0.65%
Free Cash Flow
-56.68%
-3.64%
-8.89%
Net Income, GAAP
39.53%
83.52%
-49.63%
Sales/Revenue/Turnover
-0.48%
1.98%
-9.19%
Total Cash Common Dividend
- -
59.69%
-24.54%

Quarterly Revenue

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
35,873
36,743
34,528
38,450
145,594
2025
33,224
33,153
- -
33,690
132,214
2026
31,602
32,061
- -
- -
- -

Quarterly Earnings Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.86
2.95
1.71
2.57
10.19
2025
1.74
0.95
- -
1.43
5.34
2026
1.49
1.14
- -
- -
- -

Quarterly Dividends Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
5.48
2025
- -
- -
- -
- -
4.3
2026
- -
- -
- -
- -
- -

Company Description

CEO
Ola Källenius
Full Time Employees
164,120
Sector
Consumer durables
Industry
Motor vehicles
Address
Mercedesstrasse 120 Stuttgart BW Germany 70372
IPO Date
Nov 17, 1998
Website
daimler.de
Business
Mercedes-Benz Group AG is a leading global automotive company specializing in the development, manufacture, and sale of high-end passenger cars and premium vans under the Mercedes-Benz, Mercedes-AMG, Mercedes-Maybach, and G-Class brands. The group also offers comprehensive financial and mobility services through its Mercedes-Benz Mobility AG subsidiary, including financing, leasing, vehicle subscription, rental, fleet management, insurance brokerage, digital payment solutions, and innovative mobility services such as charging infrastructure. Founded in 1926 and headquartered in Stuttgart, Germany, Mercedes-Benz Group operates worldwide with significant markets in the U.S., China, and Europe. The company is executing a major product offensive, launching more than 40 new or refreshed vehicles across three continents through 2027, including key model updates such as the all-new CLA in 2025, a modernized S-Class in 2026, and new all-electric versions of the GLC and C-Class. Mercedes-AMG is also set to introduce a range of battery electric vehicles (BEVs) and advanced internal combustion engine (ICE) models with high technology features starting in 2026. The group is intensifying its shift toward electric mobility and sustainability, exemplified by products like the new electric GLC, which reduces its carbon footprint significantly across its lifecycle using carbon-reduced materials and sustainable battery production. In recent strategic moves, Mercedes-Benz Group launched the "Next Level Performance" program, aimed at enhancing operational efficiency and resilience through cost discipline, streamlining global production to reduce costs by 10% by 2027, and improving customer experience via direct sales and service channel optimizations. Financially, the group reported solid results in 2024 despite challenging market conditions, with a focus on maintaining leadership in the premium vehicle segment. However, 2025 is expected to see a decline in revenue and earnings due to market pressures, notably in China and Europe, as well as investments in future technologies and platforms including the MB.OS software system and advanced assistance systems. Mercedes-Benz Group is a component of the Euro Stoxx 50 index and maintains its historical roots in automotive innovation from its founders Gottlieb Daimler and Carl Benz. The company also manages several subsidiaries and business units focused on automobile production, high-performance vehicles, and financial services, positioning itself as a comprehensive provider in the premium automotive and mobility ecosystem. The group is committed to leveraging its technological strengths and design philosophy to balance elegance, comfort, efficiency, and space across its portfolio globally. Overall, Mercedes-Benz Group AG stands as one of the largest and most technologically advanced premium automotive manufacturers globally, with a clear strategic emphasis on electrification, digitalization, and operational excellence to drive future growth and competitiveness in a rapidly evolving industry landscape. This description reflects current operational, product, and strategic developments up to late 2025.

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