Mercedes-Benz Group AG (MBGYY)
| Market Cap | 70.95B |
| Revenue (ttm) | 151.58B |
| Net Income (ttm) | 7.27B |
| Shares Out | 4.16B |
| EPS (ttm) | 3.42 |
| PE Ratio | 5.01 |
| Forward PE | 6.46 |
| Dividend | $1.44 (8.48%) |
| Ex-Dividend Date | May 9, 2024 |
| Volume | 36,862 |
| Open | 17.06 |
| Previous Close | 17.15 |
| Day's Range | n/a |
| 52-Week Range | 14.53 - 20.81 |
| Beta | 1.19 |
| 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 lowers margin guidance for cars as quarterly profit falls 16%
Mercedes-Benz Group on Friday reiterated its financial goals for the year, but with a better margin for vans and a worse one for cars.
Mercedes-Benz Group Q2 Results Underscore Solid Financial Performance
STUTTGART, Germany--(BUSINESS WIRE)--Mercedes-Benz Group AG (ticker symbol: MBG) achieved solid second-quarter results with Group Earnings Before Interest and Taxes (EBIT) of €4.0 billion (Q2 2023: €5...
Mercedes-Benz reports 27% drop in Q2 car earnings
Mercedes-Benz's on Friday reported a 27.5% fall in second-quarter adjusted earnings in its core car division as the German luxury automaker continues to struggle amid model changeover and a subdued ma...
Mercedes-Benz USA and Safe Kids Worldwide Launch Clifford Takes a Ride and Kick Off National Book and Safety Tour
ATLANTA--(BUSINESS WIRE)--Yesterday, Mercedes-Benz USA (MBUSA) and Safe Kids Worldwide, one of its national nonprofit partners, launched a new children's book, Clifford Takes a Ride, in collaboration ...
Starbucks could give a much-needed jolt to the EV market
Mercedes-Benz is installing fast EV charging stations at 100 Starbucks locations across the nation. The partnership will help reduce range anxiety and could also drive more Starbucks sales.
Serbia eyes lithium deals with Mercedes, Stellantis, VW, president says
Serbia will give Mercedes-Benz , Volkswagen and Stellantis the opportunity to purchase lithium for car batteries as the nation prioritises European over Chinese carmakers, its president said.
Starbucks and Mercedes-Benz help electrify I-5 corridor with fast chargers for EVs
Stopping for coffee between Washington and California could soon include the option of topping off an electric vehicle battery charge thanks to a new partnership between Starbucks and Mercedes-Benz.
Mercedes-Benz unit partners with Starbucks for fast-charging stations in US
A Mercedes-Benz unit said on Wednesday it had partnered with Starbucks to deploy its fast-charging stations at more than 100 locations across the United States.
Mercedes-Benz USA Reports Q2 2024 Group Sales of 95,596 Vehicles
ATLANTA--(BUSINESS WIRE)--Mercedes-Benz USA (MBUSA) today reported Q2 2024 group* sales of 84,662 Passenger Cars. Additionally, Mercedes-Benz Vans reported Q2 2024 sales of 10,934 units, bringing MBUS...
Slump in electric car demand hits Mercedes sales in Q2
Mercedes-Benz saw a 6% decline in sales in the second quarter as demand for battery-electric vehicles slumped, the carmaker said on Wednesday, promising to make up lost ground with improved availabili...
Mercedes-Benz opens battery research and production centre at Stuttgart headquarters
Mercedes-Benz inaugurated a development and production centre for battery cells on Monday at its headquarters in Germany, in a move to take greater control of the chemical composition and industrial m...
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 spending more than previously planned on combustion engines - Wiwo
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...
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 ...
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 ...
Mercedes chief expects EU decision on Chinese EVs tariffs soon
Mercedes Benz CEO Ola Kaellenius expects a decision on EU's import tariffs on Chinese electric vehicles soon, he said at an industry conference on Thursday.
Mercedes Hired Squad Of Anti-Union Consultants To Combat Alabama Organizing
At least 11 “persuaders” helped the automaker defeat the United Auto Workers' union effort, records show.
UAW seeks new unionization vote at Mercedes' Alabama plant citing 'relentless anti-union campaign'
The United Auto Workers union is calling for a second unionization vote at a Mercedes-Benz plant in Alabama, alleging the first vote was thwarted by a "relentless anti-union campaign."
UAW Files Objections To Mercedes-Benz Unionization Vote
The NLRB's regional director overseeing the election will review the UAW's complaints and could order a new election after a hearing if the objections are deemed valid.
UAW challenges Mercedes-Benz union vote, asks NLRB for new election
The United Auto Workers union is challenging the results of last week's organizing vote of Mercedes-Benz workers in Alabama, in which workers voted against union representation. The union alleges the ...
UAW asks US board for new unionization vote at Mercedes' Alabama plant
The United Auto Workers (UAW) union is seeking a new election at a Mercedes-Benz plant in Alabama after losing a vote there last week, according to a petition filed on Friday with the National Labor R...
Case Western's Daniel Julius on unionization: General trend is upwards for the time being
Daniel Julius, Case Western Reserve University visiting professor, joins 'Power Lunch' to discuss Mercedes workers voting against unionizing and the future of the UAW.
After decisive loss at Alabama Mercedes plants, UAW vows to return and win
TUSCALOOSA, Ala. — A decisive vote against the United Auto Workers union at two Mercedes factories in Alabama on Friday sidetracked the UAW's grand plan to sign up workers at nonunion plants mainly in...