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 is headquartered in Mercedesstraße, Stuttgart, Germany.
In 2024, This company, Mercedes-Benz Group AG, successfully sold its
vehicles/ cars reaching 2.389 million units into some main markets in some
countries. Geographically, the countries that became
the backbone of Mercedes-Benz cars are China with 34% of sales, the United
States with 16%, Germany with 11% and the other European markets (European
Union, United Kingdom, Switzerland, Norway) with 22%. Along with the development
of this company’s business, this company has some vehicle brands. Furthermore,
in terms of the sales of the Mercedes vans, the most important markets for
Mercedes-Benz Vans in 2024 were Germany with 25% of unit sales, the other
European markets (European Union, United Kingdom, Switzerland and Norway) with
41%, the United States with 12% and China with 7%.
In the car industry, there are 9 world’sbest-selling car models of Mercedes-Benz Group and become flagship products of mercedes-Benz according to its annual report
of 2024. Some best-selling and popular car models from the Mercedes-Benz Group
is company is C-Class with total sales of 725,129 units, followed by E-Class
with total sales of 512,143 units, A-Class (374,033 units), B-Class (183,772
units), Mercedes-AMG (140,073 units), S-Class (127,073 units), G-Class (42,260
units), Mercedes-Maybach (21,302 units), and Smart (5,696 units). Based on the
workforce from this company, this company has employed 175 thousand people as
of 2024.
The Total Assets, Total Liabilities, and Total Equity of Mercedes-Benz Group From 2001 to 2024
|
Years |
Total
Assets |
Total
Liabilities |
Total
Equity |
|
Million Euro (EUR) |
Million Euro (EUR) |
Million Euro (EUR) |
|
|
2000 |
199,274 |
109,661 |
89,613 |
|
2001 |
207,410 |
115,327 |
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 |
|
2024 |
265,010 |
171,380 |
93,630 |
|
Source:
Mercedes-Benz Group Annual Report, 2001-2024 |
|||
Financially, based on the financial positions of
this company from 2000 to 2024, 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 2024, the total assets grow to become 265 billion euro
(EUR) with total liabilities becoming 171 billion euro (EUR).
The Debt to Assets Ratio (DAR) and Debt to Equity Ratio (DER) of Mercedes-Benz Group From 2001 to 2024
|
Years |
Debt to
assets ratio (DAR) |
Debt to
Equity Ratio (DER) |
||
|
|
||||
|
2000 |
0.550 |
1.224 |
|
|
|
2001 |
0.556 |
1.252 |
|
|
|
2002 |
0.535 |
1.152 |
|
|
|
2003 |
0.539 |
1.169 |
|
|
|
2004 |
0.538 |
1.163 |
|
|
|
2005 |
0.773 |
3.406 |
|
|
|
2006 |
0.869 |
6.650 |
|
|
|
2007 |
0.717 |
2.534 |
|
|
|
2008 |
0.753 |
3.040 |
|
|
|
2009 |
0.753 |
3.048 |
|
|
|
2010 |
0.721 |
2.579 |
|
|
|
2011 |
0.721 |
2.584 |
|
|
|
2012 |
0.721 |
2.581 |
|
|
|
2013 |
0.743 |
2.886 |
|
|
|
2014 |
0.765 |
3.253 |
|
|
|
2015 |
0.748 |
2.976 |
|
|
|
2016 |
0.757 |
3.109 |
|
|
|
2017 |
0.744 |
2.913 |
|
|
|
2018 |
0.765 |
3.264 |
|
|
|
2019 |
0.792 |
3.813 |
|
|
|
2020 |
0.782 |
3.590 |
|
|
|
2021 |
0.718 |
2.551 |
|
|
|
2022 |
0.667 |
2.005 |
|
|
|
2023 |
0.647 |
1.834 |
|
|
|
2024 |
0.647 |
1.830 |
|
|
|
Average |
0.701 |
2.656 |
|
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 2.65 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 Total Revenue and Net Income of Mercedes-Benz Group From 2000 to 2024
|
Years |
Total
Revenue |
Net Income |
|
Million Euro (EUR) |
Million Euro (EUR) |
|
|
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 |
|
2024 |
145,594 |
10,409 |
|
Source:
Mercedes-Benz Group Annual Report, 2001-2024 |
||
Based on the financial performance from time to
time, for 2 decades from 2000 until 2024, the revenue and net income are still
in stable condition. The total revenue of the company is about 162
billion Euro, with a net income of 7.8 billion Euro. Meanwhile, in 2024, the
revenue of this group is around 145 billion euros, and the net income is around
10.4 billion euros. From 2001 to 2024, the company suffered a net loss in
2001 and 2009, but the others gained the net income/ profit.
The Net Profit Margin, Return of Assets (ROA), and Return on Equity (ROE) of Mercedes-Benz Group from 2000 to 2024
|
Years |
Net Profit
Margin |
Return on
assets (ROA) |
Return on
Equity (ROE) |
||
|
|
|||||
|
2000 |
0.049 |
0.040 |
0.088 |
|
|
|
2001 |
-0.004 |
-0.003 |
-0.007 |
|
|
|
2002 |
0.032 |
0.025 |
0.054 |
|
|
|
2003 |
0.003 |
0.003 |
0.005 |
|
|
|
2004 |
0.017 |
0.013 |
0.029 |
|
|
|
2005 |
0.019 |
0.014 |
0.062 |
|
|
|
2006 |
0.021 |
0.017 |
0.130 |
|
|
|
2007 |
0.040 |
0.029 |
0.104 |
|
|
|
2008 |
0.015 |
0.011 |
0.043 |
|
|
|
2009 |
-0.034 |
-0.021 |
-0.083 |
|
|
|
2010 |
0.048 |
0.034 |
0.123 |
|
|
|
2011 |
0.057 |
0.041 |
0.146 |
|
|
|
2012 |
0.057 |
0.040 |
0.143 |
|
|
|
2013 |
0.074 |
0.052 |
0.201 |
|
|
|
2014 |
0.056 |
0.038 |
0.164 |
|
|
|
2015 |
0.058 |
0.040 |
0.159 |
|
|
|
2016 |
0.057 |
0.036 |
0.149 |
|
|
|
2017 |
0.066 |
0.043 |
0.166 |
|
|
|
2018 |
0.045 |
0.027 |
0.115 |
|
|
|
2019 |
0.016 |
0.009 |
0.043 |
|
|
|
2020 |
0.026 |
0.014 |
0.064 |
|
|
|
2021 |
0.175 |
0.090 |
0.320 |
|
|
|
2022 |
0.099 |
0.057 |
0.171 |
|
|
|
2023 |
0.095 |
0.055 |
0.157 |
|
|
|
2024 |
0.071 |
0.039 |
0.111 |
|
|
|
Average |
0.046 |
0.030 |
0.106 |
|
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 0.046, ROA of about 0.030, 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 0.030 means that its net income is 3.0% 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 efficient
of the company in doing their business because they just need a few resources
to get the net income/ profit.
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. 2025. Annual Report. Accessed
via https://group.mercedes-benz.com/investors/reports-news/annual-reports/2021/ on
April 3rd, 2025.