Mercedes-Benz Group Financial Performance from Time to Time

Mercedes-Benz Group Financial Performance from Time to Time-Daimler AG or Mercedes-Benz Group AG is a multinational company with miscellaneous brands of vehicles. Daimler AG was renamed as Mercedes-Benz Group AG with an effect from 1 February 2022. Historically, this company was founded in 1926. Nowadays, this company has headquartered in Mercedesstraße, Stuttgart, Germany.

In 2023, This company has sold many vehicles products to the main market in some countries. The countries that became the backbone of Mercedes-Benz cars are China with 38% of unit sales, the United States (13%), Germany (11%), the other European markets (23%), and South Korea (4%), and Japan (2%). Along with the development of this business’s company, this company has some vehicle brands. Based on the sales of the Mercedes vans, The most important markets for Mercedes-Benz Vans in 2021 were Germany with 25% of unit sales, the remaining EU30 markets (European Union, United Kingdom, Switzerland, Norway) with 38%, the United States with 13% and China with 10%.  Some brand from this company is Mercedes-Benz Maybach, AMG, Mercedes-EQ, Mercedes me. Based on the workforce from this company, this company has employed 172 thousand people.

The Assets, Liabilities, and Equities of Mercedes-Benz Group

Years	Assets	Liabilities	Equities
	Million Euros	Million Euros	Million Euros
2000	199274	109661	89,613
2001	207410	115327	92,083
2002	187,327	100,297	87,030
2003	178,268	96,078	82,190
2004	182,696	98,241	84,455
2005	201,632	155,867	45,765
2006	190,022	165,183	24,839
2007	135,094	96,864	38,230
2008	132,219	99,495	32,724
2009	128,821	96,994	31,827
2010	135,830	97,877	37,953
2011	148,132	106,795	41,337
2012	162,978	117,468	45,510
2013	168,518	125,155	43,363
2014	189,635	145,051	44,584
2015	217,166	162,542	54,624
2016	242,988	183,855	59,133
2017	255,605	190,291	65,314
2018	281,619	215,566	66,053
2019	302,438	239,597	62,841
2020	285,737	223,489	62,248
2021	259,831	186,664	73,167
2022	260,015	173,475	86,540
2023	263,022	170,206	92,816
Source : Mercedes-Benz Group Annual Report, 2001-2023

Financially, based on the financial positions of this company from 2000 to 2023, the assets can grow from time to time. In 2000, the assets were just 199 billion Euro, with liabilities around 109 billion Euro. Meanwhile, in 2023, the assets grow to become 263 billion euros with liabilities becoming 170 billion euros.

 

Based on the financial ratio of Debt-to-Equity Ratio (D/E) and debt to assets ratio (D/A). The average value of the Debt-to-Equity ratio was 2.69 and the average value of Debt to Assets ratio was 0.70.  This financial ratio showed the structure of finances between Assets, Liabilities, and Equities. The less value of these ratios, the stronger the financial structure of the company.

The Revenue and Net Income of Mercedes-Benz Group

Years	Revenue	Net Income
	Million Euros	Million Euros
2000	162,384	7,894
2001	152,873	-662
2002	147,368	4,718
2003	136,437	448
2004	142,059	2,466
2005	149,776	2,846
2006	151,589	3,227
2007	99,399	3,985
2008	95,873	1,414
2009	78,924	-2,644
2010	97,761	4,674
2011	106,540	6,029
2012	114,297	6,495
2013	117,982	8,720
2014	129,872	7,290
2015	149,467	8,711
2016	153,261	8,784
2017	164,330	10,864
2018	167,362	7,582
2019	172,745	2,709
2020	154,309	4,009
2021	133,893	23,396
2022	150,017	14,809
2023	153,218	14,531
Source: Mercedes-Benz Group Annual Report, 2001-2023

Based on the financial performance from time to time, for 2 decades from 2000 until 2023, the revenue and net income are still in stable condition.  The revenue of the company is about 162 billion Euro, with a net income of 7.8 billion Euro. Meanwhile, in 2023, the revenue of this group is around 153 billion euros, and the net income is around 14.5 billion euros.  From 2001 to 2023, the company just suffered a net loss in 2001 and 2009, but the others gain the net income/ profit.

 

Based on the Financial ratio of Net Profit Margin (NPM), Return of Assets (ROA), and Return on Equity (ROE), the company has an average value of NPM of about 0.04, ROA of about 0.029, and ROE of around 0.10.  The NPM is 0.04 which means net income comes from 4% of revenue. The ROA of the company is 0.028 means that its net income is 2.9% of its Assets. The ROE is 0.1 means that the Net income comes from 10% of Equity.  These variables can show the efficiency of the company in doing its business. The greatest ratio can explain the more efficiency of the company in doing their business because they just need a few resources to get the net income/ profit.

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Bibliography Article of Mercedes-Benz Group Financial Performance from Time to Time

Wikipedia. 2022. Mercedes-Benz Group. Accessed via https://en.wikipedia.org/wiki/Mercedes-Benz_Group  on April 23rd, 2022.

Mercedes-Benz Group. 2024. Annual Report. Accessed via https://group.mercedes-benz.com/investors/reports-news/annual-reports/2021/ on April 23rd, 2024.