Mercedes-Benz Group AG (ETR: MBG)
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]
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 StatementsNews
Mercedes-Benz Plans Cost-Cutting Amid Economic Challenges
Mercedes-Benz Plans Cost-Cutting Amid Economic Challenges
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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.
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Mercedes-AMG C63 SE Performance launched with most powerful 4-cylinder engine
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Mercedes-Benz to launch AMG C63 S E Performance in India tomorrow
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Auto cos bet on 'premium' showrooms
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Giuliani Ordered to Hand Mercedes to Poll Workers Next Week
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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...
Foreign automaker stocks slide on Trump tariff fears
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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...
What does Trump’s election mean for EVs, Tesla, and Elon Musk?
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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...
Poster dreams to reality: Why India's supercar sales are soaring?
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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...
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.
Volvo Group and Daimler join hands for software-defined vehicle platform
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...
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.
Mercedes-Benz Group AG (MBGAF) Q3 2024 Earnings Call Transcript
Mercedes-Benz Group AG 2024 Q3 - Results - Earnings Call Presentation
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.
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.