Mercedes-Benz Group AG (MBGYY)
Mercedes-Benz Group AG operates in the Auto - Manufacturers industry of the Consumer Cyclical sector, headquartered in Stuttgart, BW, DE. The stock last traded at $12.51, down 0.79% on the session, giving a market capitalisation of $47.90B. On trailing twelve-month figures it carries a trailing P/E of 8.21, a net margin of 3.9%. Its beta of 0.68 implies it has historically moved less than the broad market.
Mercedes-Benz Group AG is an international automotive conglomerate based in Stuttgart, Germany, with roots tracing back to 1886. The company excels in the development, manufacturing, and global distribution of a wide array of vehicles. Its passenger car portfolio features premium and luxury models under the Mercedes-Benz umbrella, including high-end variants like Mercedes-AMG, G-Class, Mercedes-Maybach, and Mercedes-EQ, as well as compact vehicles from the smart brand. Furthermore, it produces commercial vans under the Mercedes-Benz and Freightliner marques, alongside selling corresponding spare parts and accessories. Beyond vehicle sales, Mercedes-Benz Group AG offers an extensive range of services. These include the Mercedes me digital ecosystem, comprehensive financial and leasing solutions for both customers and dealerships, automotive insurance brokerage, and banking services. Its service repertoire also covers car subscription and rental options, fleet management, digital platforms for charging and payment, and various other mobility services. The entity officially changed its name from Daimler AG to Mercedes-Benz Group AG in February 2022.
Mercedes-Benz Group AG is most often compared with the following Consumer Cyclical names: