Mercedes-Benz Group AG (ETR: MBG)
Germany
· Delayed Price · Currency is EUR | Market Cap | 67.97B |
| Revenue (ttm) | 151.58B |
| Net Income (ttm) | 13.29B |
| Shares Out | 1.07B |
| EPS (ttm) | 12.63 |
| PE Ratio | 5.13 |
| Forward PE | 6.58 |
| Dividend | 5.27 (8.07%) |
| Ex-Dividend Date | May 9, 2024 |
| Volume | 2,660,206 |
| Open | 64.91 |
| Previous Close | 64.73 |
| Day's Range | 64.80 - 65.52 |
| 52-Week Range | 55.08 - 77.45 |
| Beta | 1.18 |
| Analysts | n/a |
| Price Target | 86.60 (+32.62%) |
| Earnings Date | Jul 26, 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]
Financial Performance
In 2023, MBG'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 StatementsNews
Here’s Why Altair Will Likely Announce a Stock Split
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Mercedes-Benz EQA India Launch; Details Revealed
Mercedes-Benz India is all to launch the EQA electric crossover in India on July 8, 2024. Our review drops on the same date as well. But before that, here's what you need to know about the new EV from...
Signify and Mercedes-AMG PETRONAS Formula 1 Team launch new partnership to drive responsible innovation on and off the track
Press Release July 3, 2024 Signify and Mercedes-AMG PETRONAS Formula 1 Team launch new partnership to drive responsible innovation on and off the track Partnership will support Mercedes-AMG PETRONAS F...
Mercedes-Benz EQA details revealed ahead of launch on July 8
Mercedes-Benz’s EQA electric car is expected to debut in India on July 8. It will be offered in just one configuration: 250+. Bookings for the electric hatchback are open for a token amount of ₹ 1.5 l...
Mercedes-Benz: >10% Potential Yield Supports Bullish Case For Share Price Rebound
Mercedes-Benz Group AG has underperformed YTD due to Q1 earnings disappointment and uncertainty around potential tariffs. Learn why MBGAF stock is a Buy.
Group 1 Automotive acquires four Mercedes-Benz dealerships in UK
As battery startups fail, Sila snaps up $375M in new funding
Amid a fraught environment for battery startups, Sila has raised $375 million to finish construction of a U.S. factory that will scale its next-generation battery technology for customers like Mercede...
Mercedes-Benz spending more than previously planned on combustion engines
Mercedes-Benz is investing more than previously planned in combustion engine technology, including 14 billion euros ($15 billion) this year on its passenger cars, its chief executive told German publi...
BriefCASE: Chinese suppliers gain strong foothold in global lidar market
Knowledge of lidar for the lay person is likely to be limited to two things. One, Elon Musk doesn't like them. Two, companies providing lidar were key players in the Special Purpose Acquisition Compan...
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This prototype turns your car’s windshield into a giant AR display
A huge panel becomes an AR projector powered by data from eye tracking sensors in this prototype. | Image: Adi Robertson / The Verge Car infotainment systems are getting ever bigger, but a startup’s n...
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Uber and Aurora announce ‘long-term’ driverless truck deal after successful pilot
Photo: Aurora Uber’s freight hauling business will use Aurora’s driverless trucks on routes between Dallas and Houston as part of a new “long-term” deal that builds on a three-year-old commercial pilo...
Tesla Adds Mercedes-Benz To Supercharger Network Waitlist, Adjusts Timelines For Rival EV Makers
EV giant Tesla Inc (NASDAQ: TSLA) has added German automaker Mercedes-Benz to the list of automakers who will soon gain access to its supercharger network in North America. What Happened: The list pr...
Lithium Tech Co. Joins EV Research Group With Mercedes-Benz
Lithos Group Ltd. LITSF announced it has become a member of the Alabama Mobility and Power (AMP) Center, a strategic alliance that includes the University of Alabama, Alabama Power, and Mercedes-Benz ...
Shopping for a multimillion-dollar car
The 300XL Gullwing Mercedes-Benz is a two-seat sports car that was produced by Mercedes-Benz from 1954 to 1957. CBBC First Class takes a look at a multimillion-dollar, totally restored version on sale...
Key Maintenance Strategies for High-End Cars
Owning a luxury car, whether it’s a Mercedes-Benz, Porsche, BMW, or another high-end vehicle, is a significant investment that demands meticulous care and regular maintenance. Ensuring your vehicle’s ...
BYD: China’s electric vehicle powerhouse charges into Europe
Threat of EU tariffs may not be enough to slow carmaker in its attempt to challenge Tesla on global stage How will tariffs on Chinese EVs work? Germany’s men kicked off Euro 2024 on Friday in Munich. ...
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Apple’s fancy new CarPlay will only work wirelessly
Image: Apple Apple’s been talking about its next generation of CarPlay for two years now with very little to show for it — the system is designed to unify the interfaces on every screen in your car, i...
Hong Kong customs seizes 596 high-end CPUs in cross-border smuggling case
CPUs, which cost more than HK$20,000 each, found in secret compartments in boot of 51-year-old suspect’s Mercedes-Benz at border crossing.
Why is Germany opposed to EU tariffs on Chinese electric vehicles?
German automobile manufacturers such as BMW, Mercedes-Benz and Volkswagen could be badly hit by retaliatory tariffs because they all have massive production plants in China.
EU Tariffs on China-made EVs: How Automakers Are Reacting
Many EU-based automakers are not happy about the announcement of new tariffs against Chinese EV imports. This week's news that the EU intends to issue import tariffs of up to 38.1% on Chinese battery ...
‘Merc to invest ₹3k cr in Maha’
German luxury carmaker Mercedes-Benz to invest Rs 3,000 crore in Maharashtra, creating employment opportunities. Learn more about Mercedes-Benz's investment in Maharashtra.
Mercedes-Benz To Invest $360 Million In Maharashtra, Says Minister
German carmaker Mercedes-Benz will invest 30 billion rupees ($360 million) in the Indian state of Maharashtra, the state's Industries minister Uday Samant said in a post on X on Thursday.
European carmakers exposed to any Chinese retaliation for EU tariffs
The European Commission will apply additional duties of up to 38.1% on imported China-made electric cars from July, a move that Beijing is likely to retaliate against.
European auto stocks fall further on concerns over China's tariff response
Some of Europe's biggest carmakers fell further on Thursday on concerns over how China will respond to new tariffs the European Commission slapped on imported Chinese electric cars in a bid to combat ...
Europe's automakers fret as China EV tariff fears become reality
The European Commission's decision to slap tariffs on imported Chinese EVs could have far-reaching effects for European automakers, as a possible trade war would hurt not only their business in China ...