Mercedes-Benz Group AG (ETR: MBG)

Germany flag Germany · Delayed Price · Currency is EUR
52.27
+0.42 (0.81%)
Nov 22, 2024, 5:35 PM CET
-10.13%
Market Cap 49.81B
Revenue (ttm) 147.95B
Net Income (ttm) 10.84B
Shares Out 952.94M
EPS (ttm) 10.61
PE Ratio 4.93
Forward PE 5.45
Dividend 5.30 (10.22%)
Ex-Dividend Date n/a
Volume 2,463,554
Open 51.89
Previous Close 51.85
Day's Range 50.98 - 52.35
52-Week Range 50.75 - 77.45
Beta 1.15
Analysts n/a
Price Target n/a
Earnings Date Oct 25, 2024

About Mercedes-Benz Group AG

Mercedes-Benz Group AG operates as an automotive company in Germany and internationally. It operates through Mercedes-Benz Cars, Mercedes-Benz Vans, and Mercedes-Benz Mobility segments. The company develops, manufactures, and sells cars and vans under the Mercedes-Benz, Mercedes-AMG, Mercedes-Maybach, G-Class brands, as well as related spare parts and accessories. It also provides financing, leasing, car subscription and rental, fleet management, insurance brokerage, and mobility services, as well as digital services for charging and payment. T... [Read more]

Founded 1886
Employees 166,056
Stock Exchange Deutsche Börse Xetra
Ticker Symbol MBG
Full Company Profile

Financial Performance

In 2023, Mercedes-Benz Group AG's revenue was 153.22 billion, an increase of 2.13% compared to the previous year's 150.02 billion. Earnings were 14.26 billion, a decrease of -1.66%.

Financial Statements

News

Mercedes-Benz Plans Cost-Cutting Amid Economic Challenges

Mercedes-Benz Plans Cost-Cutting Amid Economic Challenges

1 day ago - GuruFocus

Giuliani appeals decision ordering him to turn over assets to election workers

Rudy Giuliani on Thursday appealed a judge’s decision last month ordering him to turn over most of his assets to two Georgia election workers to satisfy their $146 million defamation judgment. After m...

1 day ago - The Hill

Mercedes plans to cut costs by several billion euros per year, reports Handelsblatt

Mercedes-Benz plans to cut costs by several billion euros per year in the coming years, the Handelsblatt newspaper reported on Thursday, citing a spokesperson for the German carmaker.

1 day ago - Reuters

As American Stocks Reign Supreme, Buy This One

The United States has dominated the global market for years now. Since COVID, US markets against the world has looked like last weekend's Detroit Lions versus Jacksonville Jaguars game.

2 days ago - Benzinga

Tesla Faces New Challenges As Automakers Push Ionna Joint Venture, NEVI Funds Get Cut

Tesla Inc ‘s (NASDAQ: TSLA) dominance in electric vehicle (EV) charging is in question . While automakers like General Motors Co (NYSE: GM) and Mercedes-Benz Group AG (OTCPK: MBGAF) have adopted Tes...

4 days ago - Benzinga

BriefCASE: Revving up - Qualcomms automotive business hits high gears

While there's been a run of bad news from leading tier-1 suppliers such as Schaeffler and Bosch about sluggish demand from the automotive sector, system-on-chip (SoC) companies such as Qualcomm and Nv...

10 days ago - S&P Global Platts

Mercedes-AMG C63 SE Performance launched with most powerful 4-cylinder engine

Mercedes-Benz has launched the AMG C63 SE Performance in India, priced at Rs 1.95 crore. The high-performance sedan boasts a 680 hp hybrid powertrain, enabling a 0-100 kmph sprint in 3.3 seconds. Book...

11 days ago - The Times of India

Mercedes-Benz to launch AMG C63 S E Performance in India tomorrow

Mercedes-Benz is set to thrill Indian automotive enthusiasts with the launch of the all-new AMG C63 S E Performance. Known for redefining power and innovation, this model stands out as the world’s mos...

11 days ago - Business Upturn

Auto cos bet on 'premium' showrooms

Driven by India's increasing appetite for luxury, automakers are launching exclusive retail formats. From Maruti and Tata to Mercedes-Benz and Hero MotoCorp, brands are curating premium experiences. T...

14 days ago - The Times of India

Giuliani Ordered to Hand Mercedes to Poll Workers Next Week

Rudolph Giuliani must relinquish his Mercedes-Benz to two 2020 presidential election workers next week, a federal judge said Thursday.

15 days ago - BNN Bloomberg

India says Mercedes improved pollution management at plant after failing checks

An Indian state said in October that Mercedes-Benz improved wastewater and air pollution management at its only car factory in the country after officials detected environment law lapses in recent ins...

16 days ago - Reuters

Foreign automaker stocks slide on Trump tariff fears

Stock prices of foreign automakers fell sharply Wednesday amid concerns the U.S. will hike tariffs on imported vehicles under President-elect Donald Trump. Trump has regularly said he will increase ta...

16 days ago - CNBC

Mercedes-Benz’s electric future starts with this CLA prototype

The all-electric CLA. | Image: Mercedes-Benz Mercedes-Benz is showing off its all-electric CLA prototype and sharing a few new details planned for the upcoming 2025 production version. The CEO of Merc...

16 days ago - The Verge

What does Trump’s election mean for EVs, Tesla, and Elon Musk?

Image: Cath Virginia / The Verge; Getty Images On the campaign trail, Donald Trump said a lot of things about electric vehicles . He said he would “end the electric vehicle mandate on day one,” that E...

16 days ago - The Verge

Armenia-Based Matena Joins Europe’s Most Prestigious Network for Management Development

The Armenia-based Matena Leadership School has become a member of the European Foundation for Management Development (EFMD), Europe’s most prestigious organization in the field of management. EFMD, wh...

18 days ago - Aravot

Poster dreams to reality: Why India's supercar sales are soaring?

India's supercar market is experiencing unprecedented growth, with sales projected to reach 1,200-1,300 units in 2024. This surge is driven by a booming economy, rising disposable incomes, and a growi...

19 days ago - The Times of India

Mercedes-Benz USA Launches 2024 "Holidays with Love" Campaign to Celebrate the Joy of Togetherness

ATLANTA--(BUSINESS WIRE)--Mercedes-Benz USA (MBUSA) is proud to announce the launch of its 2024 "Holidays with Love" campaign, inviting customers to embrace every moment of their journeys with loved o...

21 days ago - Business Wire

Volkswagen stumbles in China as Germany's auto giants struggle to compete in the EV race

Volkswagen is mulling the closure of factories in Germany for the first time to cut costs, while rivals BMW and Mercedes-Benz face their own problems.

23 days ago - Business Insider

Mercedes-Benz to ramp up cost cutting after profit drops by 50%

The German automaker cut its full-year profit margin twice during the third quarter, down to 4.7% from 12.4% a year before, as European car companies see their sales falter amid a weak Chinese economy...

4 weeks ago - New York Post

Porsche, Mercedes Pledge Cost Cuts After China Slump Hits Profit

Porsche AG and Mercedes-Benz Group AG are planning cost reductions after fierce competition and weaker demand for their luxury cars in China hit profits.

4 weeks ago - Financial Post

Mercedes-Benz Earnings Slump on Tough Economic Backdrop, Fierce Competition

The luxury-car maker's net profit halved in the third quarter and it said profitability in its main cars business was weaker due to softer pricing and lower sales of its higher-margin models.

4 weeks ago - WSJ

Mercedes-Benz electric car sales plunge by a third as Chinese competition and stuttering demand hit home

Europe's automakers are reeling from plunging EV sales and brutal competition in China. Mercedes-Benz became the latest to sound the alarm on Friday, posting a 31% drop in EV sales in its Q3 earnings.

4 weeks ago - Business Insider