Mercedes-Benz Group AG (FRA: MBG)

Germany flag Germany · Delayed Price · Currency is EUR
58.70
+0.60 (1.03%)
At close: Jan 28, 2025
-4.34%
Market Cap 55.59B
Revenue (ttm) 147.95B
Net Income (ttm) 10.84B
Shares Out n/a
EPS (ttm) 10.61
PE Ratio 5.13
Forward PE n/a
Dividend n/a
Ex-Dividend Date May 9, 2024
Volume 18,688
Average Volume 8,545
Open 58.02
Previous Close 58.10
Day's Range 58.02 - 59.25
52-Week Range 50.75 - 77.38
Beta n/a
RSI 67.33
Earnings Date Mar 12, 2025

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]

Industry Motor Vehicles and Passenger Car Bodies
Founded 1886
Employees 166,056
Stock Exchange Frankfurt Stock Exchange
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 expects higher margin on car division in fourth quarter, analysts say

Mercedes-Benz told investors on Monday it expected the adjusted margin of its passenger car division to be above its 6%-7% forecast for the fourth quarter of 2024, according to analysts at Bernstein R...

1 day ago - Reuters

Mercedes-Benz is viewed favorably by Deutsche Bank ahead of the Capital Markets Day event

Mercedes-Benz is viewed favorably by Deutsche Bank ahead of Capital Markets Day event

1 day ago - Seeking Alpha

3D Systems (DDD) Stock Surges on Partnership with Daimler

3D Systems (DDD) Stock Surges on Partnership with Daimler

4 days ago - GuruFocus

3D Systems & Daimler to decentralize spare part production

3D Systems and Daimler Truck announce a solution for remote spare part printing, driving Daimler Buses' production efficiency with 3D Systems technology.

5 days ago - Seeking Alpha

Mercedes-Benz trims down range with new premium coupe

In a market dominated by SUVs, the German carmaker has rolled out a luxury low-slung coupe.

6 days ago - The Australian Financial Review

Nvidia Executive Contrasts Elon Musk's Optimism On Fully Autonomous Cars, Says Milestone Won't Be Achieved Until Next Decade: 'It's Super Hard'

Autonomous vehicles won’t be ready for widespread deployment until “well into the next decade,” according to NVIDIA Corp. (NASDAQ: NVDA) automotive chief Ali Kani , even as major tech companies accel...

8 days ago - Benzinga

Clean is the theme: This year’s mega show is all about electric

The 2025 Bharat Mobility Global Expo highlights a significant shift towards electric vehicles (EVs), with major launches from Maruti Suzuki, Hyundai, Tata Motors, Mahindra & Mahindra, and luxury brand...

11 days ago - The Times of India

Mercedes-Benz CEO calls on EU to reconsider EV fines amid slow demand

Mercedes-Benz CEO Ola Kaellenius expressed concerns to the European Commission regarding the current state of electric vehicle (EV) sales within the European Union, according to a Reuters report.  He ...

12 days ago - Invezz

Goldman Sachs downgrades Mercedes and Porsche as German car makers struggle

As European car makers face mounting challenges in 2025, Goldman Sachs has downgraded both Mercedes-Benz AG and Porsche AG, citing rising costs, tariffs, and margin pressures.

14 days ago - Euronews

Amazon Orders Over 200 Electric Heavy Trucks From Daimler For Deploying In Europe

Online retailer Amazon.com (NASDAQ: AMZN) said on Tuesday that it has ordered more than 200 new eActros 600 vehicles from Mercedes-Benz Trucks to deploy in Europe in a bid to electrify its fleet. Wha...

14 days ago - Benzinga

Mercedes-Benz’s Virtual Assistant uses Google’s conversational AI agent

Mercedes-Benz’s MBUX Virtual Assistant will use Google Gemini on the cloud. | Image: Mercedes-Benz / Google Google Cloud’s new Automotive AI Agent platform promises to “continue conversations and refe...

15 days ago - The Verge

Mercedes-Benz Car Sales Drop Amid Challenging Market

Car sales fell 3% to 1.98 million last year in a challenging global market, with top-end vehicle sales weighed by market conditions in China, model changes and weak electric-vehicle demand.

18 days ago - WSJ

Mercedes-Benz 2024 car sales fall in tough year for automakers

Mercedes-Benz's core car sales fell in 2024, a tough year for the auto industry marked by waning demand in a weak economy, especially in key market China, the German luxury carmaker said on Friday.

18 days ago - Reuters

Mercedes-Benz set to launch 8 new models in India this year

Mercedes-Benz is making a strong push in India this year with the launch of 8 new models, including both traditional and electric vehicles. The German luxury carmaker has already kicked off its launch...

18 days ago - Business Upturn

Merc’s Rs 3 crore electric G-Glass sold out at launch

Mercedes-Benz launches one of India's most-expensive electric cars, the G-Class G580 EV priced at Rs 3 crore. All 85 allocated units are sold out. The company leads in luxury car sales and sees a grow...

19 days ago - The Times of India

Mercedes to expand in India's smaller cities as younger generations splurge

Germany's Mercedes-Benz , fresh off a year of record sales in India, plans to add another 20 dealerships or service outlets in 2025 - mainly in smaller cities where young, well-travelled business owne...

19 days ago - Reuters

Mercedes-Benz launches EQS 450 SUV in India at Rs 1.28 crore

Mercedes-Benz has launched the more affordable EQS 450 SUV in India, priced at ₹1.28 crore, making it ₹13 lakh cheaper than the EQS 580 SUV. This new 5-seater variant offers an impressive mix of perfo...

19 days ago - Business Upturn

Mercedes-Benz launches G 580 Edition One in India at Rs 3 crore

Mercedes-Benz has introduced the much-awaited G 580 Edition One in India at an ex-showroom price of Rs 3 crore. This electric version of the iconic G-Class, also known as the Mercedes G 580 with EQ Te...

19 days ago - Business Upturn

Mercedes-Benz G-Class electric SUV to be launched tomorrow; Here’s what to expect

Mercedes-Benz is gearing up to reveal the much-anticipated electric version of its iconic G-Class, formally known as the EQG 580 with EQ Technology. Ahead of the official price announcement scheduled ...

20 days ago - Business Upturn

Mercedes-Benz may cut back on profit outlook as car market slows

The German car manufacturer Mercedes-Benz continues to struggle with a lacklustre auto market and weakening demand.

21 days ago - Euronews

Mercedes-Benz USA Reports 9% Year-Over-Year Growth for Passenger Car Sales

Q4 2024 Passenger Car sales of 88,259 are up 8% compared to Q4 2023. Top-End vehicle sales are up 52% in Q4 2024 vs Q4 2023. PHEV group sales are up 470% in Q4 2024 compared to the same quarter last y...

21 days ago - Benzinga

Mercedes-Benz USA Reports 9% Year-Over-Year Growth for Passenger Car Sales

ATLANTA--(BUSINESS WIRE)--Mercedes-Benz USA (MBUSA) today reported Q4 2024 group* sales of 88,259 Passenger Cars. This brings total Passenger Car sales for 2024 to 324,528 units, representing a 9% yea...

21 days ago - Business Wire

Mercedes revising profit outlook downwards in sluggish car market, source says

Mercedes-Benz will lower mid-term profitability targets for its passenger car business due to prolonged weakness in the market and the switch to electric-powered vehicles, a source familiar with the m...

21 days ago - Reuters

Mercedes-Benz swerves aggressively through crowd of cyclists blocking Los Angeles street

A video taken in the Mid-City neighborhood of Los Angeles shows a Mercedes-Benz driver swerving aggressively through a pack of bicyclists blocking the roadway. The video posted to Instagram by @whitew...

22 days ago - Yahoo