Mercedes-Benz Group AG

XTRA:MBG Stock Report

Market Cap: €50.1b

Mercedes-Benz Group Past Earnings Performance

Past criteria checks 2/6

Mercedes-Benz Group has been growing earnings at an average annual rate of 30.7%, while the Auto industry saw earnings growing at 11.1% annually. Revenues have been declining at an average rate of 0.1% per year. Mercedes-Benz Group's return on equity is 12.1%, and it has net margins of 7.3%.

Key information

30.7%

Earnings growth rate

31.1%

EPS growth rate

Auto Industry Growth11.9%
Revenue growth rate-0.1%
Return on equity12.1%
Net Margin7.3%
Next Earnings Update20 Feb 2025

Recent past performance updates

Recent updates

Mercedes-Benz Group (ETR:MBG) Has A Somewhat Strained Balance Sheet

Nov 14
Mercedes-Benz Group (ETR:MBG) Has A Somewhat Strained Balance Sheet

Mercedes-Benz Group AG's (ETR:MBG) CEO Will Probably Have Their Compensation Approved By Shareholders

May 01
Mercedes-Benz Group AG's (ETR:MBG) CEO Will Probably Have Their Compensation Approved By Shareholders

Mercedes-Benz Group (ETR:MBG) Will Pay A Larger Dividend Than Last Year At €5.30

Apr 26
Mercedes-Benz Group (ETR:MBG) Will Pay A Larger Dividend Than Last Year At €5.30

Mercedes-Benz Group (ETR:MBG) Is Looking To Continue Growing Its Returns On Capital

Apr 23
Mercedes-Benz Group (ETR:MBG) Is Looking To Continue Growing Its Returns On Capital

Mercedes-Benz Group AG (ETR:MBG) Shares Could Be 26% Below Their Intrinsic Value Estimate

Apr 08
Mercedes-Benz Group AG (ETR:MBG) Shares Could Be 26% Below Their Intrinsic Value Estimate

Mercedes-Benz Group's (ETR:MBG) Upcoming Dividend Will Be Larger Than Last Year's

Mar 22
Mercedes-Benz Group's (ETR:MBG) Upcoming Dividend Will Be Larger Than Last Year's

These 4 Measures Indicate That Mercedes-Benz Group (ETR:MBG) Is Using Debt Extensively

Mar 12
These 4 Measures Indicate That Mercedes-Benz Group (ETR:MBG) Is Using Debt Extensively

Mercedes-Benz Group (ETR:MBG) Will Pay A Larger Dividend Than Last Year At €5.30

Feb 25
Mercedes-Benz Group (ETR:MBG) Will Pay A Larger Dividend Than Last Year At €5.30

Why Mercedes-Benz Group AG (ETR:MBG) Could Be Worth Watching

Feb 04
Why Mercedes-Benz Group AG (ETR:MBG) Could Be Worth Watching

Mercedes-Benz Group (ETR:MBG) Is Doing The Right Things To Multiply Its Share Price

Jan 19
Mercedes-Benz Group (ETR:MBG) Is Doing The Right Things To Multiply Its Share Price

Mercedes-Benz Group AG's (ETR:MBG) Earnings Are Not Doing Enough For Some Investors

Jan 04
Mercedes-Benz Group AG's (ETR:MBG) Earnings Are Not Doing Enough For Some Investors

Revenue & Expenses Breakdown

How Mercedes-Benz Group makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

XTRA:MBG Revenue, expenses and earnings (EUR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24147,94810,84010,5805,981
30 Jun 24150,07712,74310,7795,840
31 Mar 24151,57513,29010,9536,015
31 Dec 23153,21814,26110,9486,230
30 Sep 23153,41715,12511,0036,111
30 Jun 23154,13215,41211,1096,095
31 Mar 23152,67514,95610,8595,908
31 Dec 22150,01714,50110,6635,602
30 Sep 22144,25412,89910,4965,385
30 Jun 22138,18510,83710,3245,211
31 Mar 22135,86910,76310,2145,246
31 Dec 21133,89310,66010,2525,385
30 Sep 21135,33711,49110,0995,196
30 Jun 21135,31011,3329,7725,089
31 Mar 21117,4376,9428,7074,491
31 Dec 20121,7783,6499,6594,697
30 Sep 20132,22133011,2305,401
30 Jun 20143,87134712,8135,921
31 Mar 20170,27037615,0566,604
31 Dec 19172,7452,37715,3706,586
30 Sep 19172,2284,04714,1296,511
30 Jun 19169,1694,01715,3966,522
31 Mar 19167,2757,07115,4946,573
31 Dec 18167,3627,24915,3796,581
30 Sep 18164,3658,81915,5286,536
30 Jun 18164,8999,27615,2556,408
31 Mar 18165,3579,99415,2736,202
31 Dec 17164,15410,27815,2345,938
30 Sep 17161,5429,29616,1335,965
30 Jun 17159,3949,74514,9175,616
31 Mar 17156,7969,73014,6125,465
31 Dec 16153,2618,52614,3855,255
30 Sep 16152,6888,18414,2665,109
30 Jun 16151,3677,97414,0904,943
31 Mar 16150,2787,81414,2764,869
31 Dec 15149,4678,42414,3874,757
30 Sep 15144,7887,71314,3904,700
30 Jun 15140,6348,06314,5664,695
31 Mar 15134,6517,89814,3154,569
31 Dec 14129,8726,96214,0674,519
30 Sep 14126,2127,50213,8734,391
30 Jun 14123,1896,60313,6324,285
31 Mar 14121,3377,33313,5964,227
31 Dec 13117,9826,84213,5384,192

Quality Earnings: MBG has high quality earnings.

Growing Profit Margin: MBG's current net profit margins (7.3%) are lower than last year (9.9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: MBG's earnings have grown significantly by 30.7% per year over the past 5 years.

Accelerating Growth: MBG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: MBG had negative earnings growth (-28.3%) over the past year, making it difficult to compare to the Auto industry average (-24.9%).

Return on Equity

High ROE: MBG's Return on Equity (12.1%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 02:31
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Mercedes-Benz Group AG is covered by 61 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Hans-Peter WodniokAlphaValue
Gerhard SchwarzBaader Helvea Equity Research
null nullBanco de Sabadell. S.A.