Mercedes-Benz Group AG (MBGYY)

Mercedes-Benz Group AG Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	151,575	153,218	150,017	133,893	154,309	172,745
Revenue Growth (YoY)	-0.72%	2.13%	12.04%	-13.23%	-10.67%	3.22%
Cost of Revenue	119,497	118,589	115,997	103,218	128,721	143,580
Gross Profit	32,078	34,629	34,020	30,675	25,588	29,165
Selling, General & Admin	2,755	2,688	2,584	2,808	3,534	4,050
Research & Development	6,003	6,214	5,602	5,467	6,116	6,586
Other Operating Expenses	8,609	9,877	7,980	7,424	9,788	15,219
Operating Expenses	17,367	18,779	16,166	15,699	19,438	25,855
Operating Income	16,579	15,850	20,282	16,933	6,952	4,097
Interest Income	735	678	273	307	220	397
Interest Expense	272	325	427	429	484	880
Other Expense / Income	1,122	2,105	22	-1,122	-613	-267
Pretax Income	17,701	17,955	20,304	15,811	6,339	3,830
Income Tax	4,999	5,553	5,495	4,761	2,330	1,121
Net Income	13,290	14,261	14,501	11,050	3,627	2,377
Net Income Common	7,272	-	14,501	23,006	3,627	2,377
Net Income Growth	-50.35%	-	-36.97%	534.30%	52.59%	-67.21%
Free Cash Flow	7,557	6,257	9,995	17,229	13,772	-2,947
Gross Margin	21.16%	22.60%	22.68%	22.91%	16.58%	16.88%
Operating Margin	10.94%	10.34%	13.52%	12.65%	4.51%	2.37%
Profit Margin	4.80%	-	9.67%	17.18%	2.35%	1.38%
Free Cash Flow Margin	4.99%	4.08%	6.66%	12.87%	8.92%	-1.71%
Effective Tax Rate	28.24%	30.93%	27.06%	30.11%	36.76%	29.27%
EBITDA	21,602	29,547	26,803	23,913	15,909	11,848
EBITDA Margin	14.25%	19.28%	17.87%	17.86%	10.31%	6.86%
Depreciation & Amortization	6,655	13,697	6,521	6,980	8,957	7,751
EBIT	14,947	15,850	20,282	16,933	6,952	4,097
EBIT Margin	9.86%	10.34%	13.52%	12.65%	4.51%	2.37%