Mercedes-Benz Group AG (MBGYY)
| Market Cap | 81.61B |
| Revenue (ttm) | 153.22B |
| Net Income (ttm) | 10.91B |
| Shares Out | 4.16B |
| EPS (ttm) | 3.59 |
| PE Ratio | 5.46 |
| Forward PE | 6.46 |
| Dividend | $1.44 (7.37%) |
| Ex-Dividend Date | May 9, 2024 |
| Volume | 112,865 |
| Open | 19.40 |
| Previous Close | 19.81 |
| Day's Range | 19.32 - 19.67 |
| 52-Week Range | 14.53 - 20.81 |
| Beta | 1.25 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About MBGYY
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, MBGYY'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 to launch luxury electric van for Chinese market
Mercedes-Benz is planning to launch a luxury electric van for the Chinese market based on its VAN.EA platform, the head of the carmaker's vans division told German magazine WirtschaftsWoche.
Mercedes Benz shows off electric line-up at Beijing autoshow, not giving up on electrification
Mercedes Benz's China sales chief said on Thursday that they had brought a number of electric models to the Beijing Autoshow and that the German automaker hoped this would put to rest "rumours" that t...
Mercedes-Benz workers to vote on UAW membership in May
Workers at a Mercedes Benz factory in Vance, Alabama will vote between May 13 and May 17 on whether to join the United Auto Workers union, the National Labor Relations Board (NLRB) said on Thursday.
Mercedes-Benz USA Reports Q1 2024 Group Sales of 82,623 Vehicles
ATLANTA--(BUSINESS WIRE)--Mercedes-Benz USA (MBUSA) today reported Q1 2024 group* sales of 66,570 Passenger Cars. Additionally, Mercedes-Benz Vans reported Q1 2024 sales of 16,053 units, bringing MBUS...
Mercedes-Benz Q1 sales drop on supply bottlenecks in Asia
Mercedes Benz sales fell 6% in the first quarter, hit by supply bottlenecks in Asia and its luxury model range changeover, the German premium carmaker said on Wednesday.
Bank of America cuts European EV car sales view as government subsidies fade
Global battery electric vehicle (BEV) sales are struggling for traction this year, but it's looking particularly gloomy in Europe, where Bank of America has cut its outlook.
Mercedes-Benz Workers in Alabama Ask for Unionization Vote
The United Automobile Workers union is mounting its most ambitious effort to gain an industry foothold beyond Detroit's Big Three.
Alabama Mercedes Benz plant workers file for union election, UAW says
Workers at a Mercedes Benz factory in Vance, Alabama, filed a petition with U.S. regulators to hold an election to join the United Auto Workers, the union said on Friday.
Mercedes-Benz workers in Alabama file for union election
Car plant is second such in a southern state to ask the labor board to hold union election to join the United Autoworkers Union
Mercedes-Benz rejects 'anti-union' allegations after US union complaints
Mercedes-Benz on Wednesday said it recognises the right of its employees to form representatives after a U.S. auto workers union said it had filed complaints about the carmaker's "anti-union" campaign...
Mercedes workers in Alabama to file for union vote as soon as this week, sources say
Factory workers at Mercedes Benz's assembly plant in Alabama are moving forward with efforts to join the United Auto Workers union, and they plan to file a petition as soon as this week with U.S. regu...
Mercedes-Benz USA CEO: Too early to see the effects of the Baltimore bridge collapse on business
Mercedes-Benz USA CEO Dimitris Psillakis, joins 'Money Movers' to discuss how the bridge collapse in Baltimore will affect Mercedes' business, where the growth the company's growth is coming from, and...
Mercedes-Benz to test 11 MWh battery to harness power swings at Rastatt plant
Mercedes-Benz said on Wednesday it will test an 11 megawatt hour (MWh) battery at its Rastatt car factory in Germany from 2025 to help bridge the gap between swings in renewable energy output and its ...
Mercedes-Benz Issues New Recall: Nearly 500,000 Vehicles Affected In Last Month
Mercedes-Benz is recalling more than 116,000 vehicles over loose electrical wiring under the passenger seat, increasing the risk of a fire, according to a regulatory filing Wednesday—the latest recall...
Tomorrow drives Mercedes-Benz: Full commitment to sustainable business strategy goes far beyond products
STUTTGART, Germany--(BUSINESS WIRE)--At its third annual ESG Conference, Mercedes-Benz demonstrates commitment to achieving ambitious and measurable goals. Driven by tomorrow and a clear focus on the ...
Mercedes Benz to recall 116,020 vehicles, US regulator says
Mercedes Benz will recall 116,020 vehicles due to an improperly secured 48-volt ground connection, the U.S National Highway Traffic Safety Administration said on Wednesday.
Mercedes Benz recalls $400k worth cars on fire scare
Transport officials urgently recalled nearly 2,000 Mercedes-Benz vehicles after discovering a manufacturing flaw in certain models that pose a critical safety hazard to their drivers. Affected Mercede...
Mercedes CEO almost doubled 2023 remuneration with big bonus boost
Mercedes-Benz CEO Ola Kallenius almost doubled his remuneration last year thanks to high bonus payouts, a company report published on Friday showed.
Europe shouldn't be afraid of Chinese electric cars, says Mercedes-Benz CEO
The CEO of Mercedes-Benz called on the European Union to cut tariffs on Chinese electric cars. "That is the market economy.
Mercedes-Benz Financial Services Canada Corporation appoints Brian Stevens as new President and CEO
MISSISSAUGA, Ontario--(BUSINESS WIRE)--Brian Stevens appointed President and CEO of Mercedes-Benz Financial Services Canada Corporation.
Mercedes-Benz HPC North America Welcomes Seasoned Executives to Transform the EV Charging Experience
NEW YORK--(BUSINESS WIRE)--Mercedes-Benz HPC North America announces the appointments of top-level executives to lead the build-out of its premium EV charging network.
Mercedes-Benz is working through supply chain challenges, CEO says
Mercedes-Benz CEO Ola Källenius discusses the German carmaker's full-year 2023 earnings report and explains how the company is navigating "exceptional levels of uncertainty."
Mercedes-Benz vs. Rivian: The Revenge of Legacy Auto
The latest results from carmakers showcase the advantages of having an old-fashioned combustion-engine business to fund—and hedge—the transition to electric vehicles.
Mercedes-Benz shares climb 5% on share buyback, despite 'exceptional' uncertainty ahead
Mercedes-Benz shares climbed on Thursday morning after the German carmaker beat fourth-quarter earnings expectations and announced a new share buyback program.
Tesla and Mercedes-Benz earned almost exactly the same last year. Their stock-market valuations are slightly different.
The German automaker said it earned €14.26 billion ($15.47 billion) in 2023, a decline of 1.7% from last year. Tesla, meanwhile, earned $15 billion, a 19% improvement.