OverviewSuggest Edit

Mercedes-Benz Group (formerly known as Daimler) is a global manufacturer of premium cars and commercial vehicles. Its two main business units are Mercedes-Benz and Mercedes-Benz Mobility. Mercedes-Benz focuses on the development, production, and sales of passenger cars, vans, and services. Mercedes-Benz Mobility provides rental, leasing, and financing offers as well as fleet services, insurance, and e-payment platforms.
TypePublic
Founded1926
HQStuttgart, DE
Websitegroup.mercedes-benz.com
Employee Ratings3.9

Latest Updates

Employees (est.) (Dec 2021)172,425(-40%)
Job Openings2,384
Revenue (FY, 2020)€154.3 B(-10%)
Share Price (May 2022)€63.5
Cybersecurity ratingBMore
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Key People/Management at Mercedes-Benz Group

Ola Källenius

Ola Källenius

Chairman of the Board of Management of Daimler and Mercedes-Benz
Markus Schäfer

Markus Schäfer

Member of the Board of Management, Chief Technology Officer, Development & Procurement
Britta Seeger

Britta Seeger

Member of the Board of Management, Mercedes-Benz Cars Marketing & Sales
Renata Jungo Brüngger

Renata Jungo Brüngger

Member of the Board of Management, Integrity and Legal Affairs
Hubertus Troska

Hubertus Troska

Member of the Board of Management, Greater China
Harald Wilhelm

Harald Wilhelm

Member of the Board of Management, Mercedes-Benz Mobility
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Mercedes-Benz Group Office Locations

Mercedes-Benz Group has offices in Stuttgart, Berlin, Böblingen, Bremen and in 22 other locations
Stuttgart, DE (HQ)
Mercedesstraße 120
Berlin, DE
Alte Potsdamer Str. 5
Berlin, DE
Krausenstraße 9
Berlin, DE
Linkstraße 2
Berlin, DE
Mühlenstraße 39
Berlin, DE
Rungestraße 22-24
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Mercedes-Benz Group Financials and Metrics

Mercedes-Benz Group Revenue

Mercedes-Benz Group's revenue was reported to be €154.31 b in FY, 2020
EUR

Revenue (Q3, 2021)

14.2b

Gross profit (Q3, 2021)

5.0b

Net income (Q3, 2021)

565.0m

EBITDA (Q3, 2021)

2.9b

EBIT (Q3, 2021)

1.2b

Market capitalization (5-Apr-2022)

75.1b

Closing stock price (5-Apr-2022)

63.0

Cash (30-Sept-2021)

20.0b

EV

185.8b
Mercedes-Benz Group's current market capitalization is €75.1 b.
Annual
EURFY, 2018FY, 2019FY, 2020

Revenue

167.4b172.7b154.3b

Cost of goods sold

(128.0b)(127.4b)(120.0b)

Gross profit

41.6b48.1b36.3b

R&D expense

(6.6b)(6.6b)(6.1b)
Quarterly
EURQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

39.7b42.7b43.3b37.2b30.2b40.3b41.0b43.5b14.2b

Cost of goods sold

(30.3b)(35.3b)(32.7b)(29.5b)(25.0b)(30.5b)(30.2b)(31.8b)(9.3b)

Gross profit

10.6b7.9b11.0b8.3b5.7b10.2b12.5b12.1b5.0b

R&D expense

(1.7b)(1.6b)(1.8b)(1.7b)(1.5b)(1.6b)(1.8b)(1.8b)(733.0m)
Annual
EURFY, 2018FY, 2019FY, 2020

Cash

15.9b18.9b23.0b

Accounts Receivable

12.6b12.3b10.6b

Prepaid Expenses

1.7b1.3b1.2b

Inventories

29.5b29.8b26.4b
Quarterly
EURQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

16.6b12.5b17.0b16.1b21.9b24.5b26.0b26.2b20.0b

Accounts Receivable

12.9b12.7b12.6b10.1b9.9b10.7b11.0b10.7b6.6b

Inventories

33.5b33.5b35.6b32.2b30.1b29.5b28.8b28.9b20.7b
Annual
EURFY, 2018FY, 2019FY, 2020

Net Income

10.6b3.8b6.3b

Depreciation and Amortization

6.3b7.8b9.0b

Inventories

(3.8b)99.0m2.0b

Accounts Payable

1.7b(1.6b)(299.0m)
Quarterly
EURQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

2.6b951.0m3.5b540.0m(1.2b)1.8b5.7b10.8b14.3b

Depreciation and Amortization

1.8b3.6b5.6b2.0b4.5b6.7b1.8b3.7b5.4b

Inventories

(3.7b)(3.8b)(5.5b)(2.9b)(1.1b)(933.0m)(2.1b)(2.3b)(2.5b)

Accounts Payable

1.5b946.0m1.8b1.2b778.0m2.1b3.0b2.9b2.3b
EURFY, 2018

Revenue/Employee

560.7k
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Mercedes-Benz Group Operating Metrics

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Mercedes-Benz Group Acquisitions / Subsidiaries

Company NameDateDeal Size
YASA Ltd.September 30, 2021€220 m
car2goMarch 01, 2018€280 m
CINTEONovember 06, 2017
Clever TaxiJune 30, 2017
TaxibeatFebruary 28, 2017€40 m
Deutsche ACCUmotiveApril 01, 2014
Li-Tec BatteryApril 01, 2014
Achtzehnte Vermögensverwaltungsgesellschaft DVB mbH
AEG Olympia Office GmbH
Anota Fahrzeug Service- und Vertriebsgesellschaft mbH
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Mercedes-Benz Group Revenue Breakdown

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Mercedes-Benz Group revenue breakdown by business segment: 61.7% from MERCEDES-BENZ CARS & VANS, 21.5% from DAIMLER TRUCKS & BUSES and 16.7% from DAIMLER MOBILITY

Human Capital Metrics

Mercedes-Benz Group's employees are reported to be approximately 19% female and 81% male.
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Mercedes-Benz Group Cybersecurity Score

Cybersecurity ratingPremium dataset

B

80/100

SecurityScorecard logo

Mercedes-Benz Group Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Mercedes-Benz Group Online and Social Media Presence

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Mercedes-Benz Group News and Updates

Daimler Truck Makes Strategic Investment in Apex.AI, a Company Developing Scalable, Safety-Certified Software for Vehicles and Smart Machines

Investment underscores Daimler Truck's focus on cutting-edge software that will enable the truck of the future PALO ALTO, Calif., May 5, 2022 /PRNewswire/ -- Apex.AI, a company developing safety-certified software for mobility and autonomous applications, today announced that Daimler...

Mercedes-Benz Q1 profit rises as pricing power and resilience offset headwinds

Profitability increased: Mercedes-Benz Cars adjusted Return on Sales in Q1 reaches 16.4% and Mercedes-Benz Vans adjusted Return on Sales 12.6% The post Mercedes-Benz Q1 profit rises as pricing power and resilience offset headwinds appeared first on Automotive World.

Mercedes-Benz VISION EQXX demonstrates its world-beating efficiency in real world driving

The VISION EQXX from Mercedes-Benz has now taken to the roads of Europe and has demonstrated its outstanding range and efficiency. Travelling from Sindelfingen across the Swiss Alps and Northern Italy, to its destination of Cassis on the Côte d'Azur, it effortlessly covered more than 1,000 km in eve…

Mercedes accelerates in-house software push with new tech center

Filed under: Plants/Manufacturing,Mercedes-Benz,Technology,Emerging Technologies,Infotainment,Smartphone,Future Vehicles,Luxury Continue reading Mercedes accelerates in-house software push with new tech center Mercedes accelerates in-house software push with new tech center o…

Electric Software Hub: A software integration factory at the Sindelfingen site

Mercedes-Benz opens the Electric Software Hub, a software integration factory at the Sindelfingen site.

Mercedes-AMG adds F1 electric turbo tech to its SL 43

We don't know if we'll get this entry-level SL in Canada, but it's worth a look at this high-tech turbo
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Mercedes-Benz Group Frequently Asked Questions

  • When was Mercedes-Benz Group founded?

    Mercedes-Benz Group was founded in 1926.

  • Who are Mercedes-Benz Group key executives?

    Mercedes-Benz Group's key executives are Ola Källenius, Markus Schäfer and Britta Seeger.

  • How many employees does Mercedes-Benz Group have?

    Mercedes-Benz Group has 172,425 employees.

  • What is Mercedes-Benz Group revenue?

    Latest Mercedes-Benz Group annual revenue is €154.3 b.

  • What is Mercedes-Benz Group revenue per employee?

    Latest Mercedes-Benz Group revenue per employee is €894.9 k.

  • Who are Mercedes-Benz Group competitors?

    Competitors of Mercedes-Benz Group include Isuzu, FCA US and CaetanoBus.

  • Where is Mercedes-Benz Group headquarters?

    Mercedes-Benz Group headquarters is located at Mercedesstraße 120, Stuttgart.

  • Where are Mercedes-Benz Group offices?

    Mercedes-Benz Group has offices in Stuttgart, Berlin, Böblingen, Bremen and in 22 other locations.

  • How many offices does Mercedes-Benz Group have?

    Mercedes-Benz Group has 35 offices.