Mercedes-Benz Group AG (MBGAF)
Market Cap | 51.83B |
Revenue (ttm) | 165.01B |
Net Income (ttm) | 12.09B |
Shares Out | n/a |
EPS (ttm) | 11.83 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 8,802 |
Open | 54.41 |
Previous Close | 55.03 |
Day's Range | 54.15 - 54.50 |
52-Week Range | 53.78 - 83.50 |
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 numbers in EUR Financial StatementsNews
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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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...
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Armenia-Based Matena Joins Europe’s Most Prestigious Network for Management Development
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Mercedes-Benz USA Launches 2024 "Holidays with Love" Campaign to Celebrate the Joy of Togetherness
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Volkswagen stumbles in China as Germany's auto giants struggle to compete in the EV race
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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
The German carmaker said it had seen a 31% drop in sales of battery-powered cars from a year earlier as it reported its Q3 earnings on Friday.
Mercedes-Benz (MBG) Faces Profits Setback Amid Slowing Asian Demand
Mercedes-Benz (MBG) Faces Profits Setback Amid Slowing Asian Demand
Mercedes car earnings plunge by 64% as China shuns luxury
WARSAW - German premium automaker Mercedes-Benz on Friday said third-quarter earnings in the core car division plunged by 64%, massively missing analysts' estimates, as Chinese consumers continued to ...