BMW Group Financial Performance from Time to Time
BMW Group Financial Performance from Time to Time- Bayerische Motoren Werke AG or commonly known as BMW is a German Automotive company that has its headquarters in Munich, Germany. Historically, this company was founded on March 7th, 1916, by Camillo Castiglioni, Franz Josef Popp, and Karl Rapp. Most people know that this company has experienced in developing, manufacturing, and selling innovative and premium automobiles and motorcycles worldwide.
Along with the development of the BMW business in the Automotive industry, they can employ around 154,950 across the globe by 2023. Overall, sales of automotive still became the major revenue of the company with contributes 132,277 million Euro, followed by financial services which contributes 36,227 million Euro, and Motorcycles with 3,214 million Euro.
Nowadays, The BMW Group manufactures BMW, MINI, and Rolls-Royce brand vehicles. All the products have a quality that has various markets across the globe. In 2023, basically, this group can deliver around 2,554,183 units of cars and 209,066 units of motorcycles. Geographically, the basis markets of their products are in Europe, especially in Germany, the United Kingdom (UK), China, and the USA.
The Assets, Liabilities, and Equities of BMW Group
Years | Assets | Liabilities | Equities |
---|---|---|---|
Million Euro | Million Euro | Million Euro | |
2023 | 250,890 | 157,967 | 92,923 |
2022 | 246,926 | 155,638 | 91,288 |
2021 | 229,527 | 154,395 | 75,132 |
2020 | 216,658 | 155,138 | 61,520 |
2019 | 228,034 | 168,127 | 59,907 |
2018 | 208,938 | 151,109 | 57,829 |
2017 | 195,506 | 141,399 | 54,107 |
2016 | 188,535 | 141,172 | 47,363 |
2015 | 172,174 | 129,410 | 42,764 |
2014 | 154,803 | 117,366 | 37,437 |
2013 | 138,377 | 102,777 | 35,600 |
2012 | 131,835 | 101,229 | 30,606 |
Source : BMW Group Annual Report, 2012-2023 |
Based on the Financial fundamentals of this company, BMW keeps its pace and performance in doing its business. Based on the Balance Sheet from 2012 to 2023, the assets of BMW can grow in the decade. In the year 2012, the asset of BMW is just 131 billion Euros, with Equities of 30 billion Euros. Meanwhile, in 2023, the assets become 250 billion euros with equities becoming 92 billion Euros.
The Revenue and Net Income of BMW Group
Years | Revenue | Net Income |
---|---|---|
Million Euro | Million Euro | |
2023 | 155,498 | 12,165 |
2022 | 142,610 | 18,582 |
2021 | 111,239 | 12,463 |
2020 | 98,990 | 3,857 |
2019 | 104,210 | 5,022 |
2018 | 96,855 | 7,064 |
2017 | 98,282 | 8,675 |
2016 | 94,163 | 6,910 |
2015 | 92,175 | 6,396 |
2014 | 80,401 | 5,817 |
2013 | 76,059 | 5,329 |
2012 | 76,848 | 5,111 |
Source : BMW Group Annual Report, 2012-2023 |
Based on the business performance from time to time, particularly from 2012 to 2023, the performance of BMW can stay at positive levels. The revenue and net income/profit from this company can grow gradually. In 2012, the revenue of BMW is just 76 billion euros, with a net income of just 5.1 billion euros. Meanwhile, in 2023, the revenue can grow by 155 billion euros with a net income/profit of around 12 billion euros.
In some financial ratios, some variables can be counted. These variables are Debt to Equity ratio (DER), Debt to assets ratio (D/A), and net profit margin (NPM). Debt to Equity ratio (D/E) and Debt to asset ratio (DAR) measure the financial structure of the company. From 2012 to 2023, the BMW’s DER is about 2.7. It means that every one dollar of equity contains 2.79 US Dollar, or the comparison between liability and asset are 2.79: 1. Meanwhile, the Debt to Asset ratio (DAR) of BMW is about 0.73. Basically, it means that the value of one dollar of asset contains 0.73 US dollars of liability, or the comparison between liability and asset is about 0.73: 1.
Bibliography of BMW Group Financial Performance from Time to Time
BMW Group. Annual Report 2012-2023. Accessed via
https://www.bmwgroup.com/en/investor-relations/company-reports.html. on April 4th, 2024.
Wikipedia. 2022.BMW. Accessed via https://en.wikipedia.org/wiki/BMW on April 3rd, 2022.