GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Mercedes-Benz Group AG (XTER:MBG) » Definitions » Operating Margin %

Mercedes-Benz Group AG (XTER:MBG) Operating Margin % : 6.17% (As of Sep. 2024)


View and export this data going back to 1998. Start your Free Trial

What is Mercedes-Benz Group AG Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Mercedes-Benz Group AG's Operating Income for the three months ended in Sep. 2024 was €2,131 Mil. Mercedes-Benz Group AG's Revenue for the three months ended in Sep. 2024 was €34,528 Mil. Therefore, Mercedes-Benz Group AG's Operating Margin % for the quarter that ended in Sep. 2024 was 6.17%.

Good Sign:

Mercedes-Benz Group AG operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Mercedes-Benz Group AG's Operating Margin % or its related term are showing as below:

XTER:MBG' s Operating Margin % Range Over the Past 10 Years
Min: 2.33   Med: 7.92   Max: 11.92
Current: 8.83


XTER:MBG's Operating Margin % is ranked better than
71.44% of 1285 companies
in the Vehicles & Parts industry
Industry Median: 5.14 vs XTER:MBG: 8.83

Mercedes-Benz Group AG's 5-Year Average Operating Margin % Growth Rate was 29.70% per year.

Mercedes-Benz Group AG's Operating Income for the three months ended in Sep. 2024 was €2,131 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2024 was €13,066 Mil.


Mercedes-Benz Group AG Operating Margin % Historical Data

The historical data trend for Mercedes-Benz Group AG's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mercedes-Benz Group AG Operating Margin % Chart

Mercedes-Benz Group AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.33 4.67 11.19 11.92 11.44

Mercedes-Benz Group AG Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.74 9.70 9.15 10.06 6.17

Competitive Comparison of Mercedes-Benz Group AG's Operating Margin %

For the Auto Manufacturers subindustry, Mercedes-Benz Group AG's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mercedes-Benz Group AG's Operating Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Mercedes-Benz Group AG's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Mercedes-Benz Group AG's Operating Margin % falls into.



Mercedes-Benz Group AG Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Mercedes-Benz Group AG's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=17522 / 153218
=11.44 %

Mercedes-Benz Group AG's Operating Margin % for the quarter that ended in Sep. 2024 is calculated as

Operating Margin %=Operating Income (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=2131 / 34528
=6.17 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Mercedes-Benz Group AG  (XTER:MBG) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Mercedes-Benz Group AG Operating Margin % Related Terms

Thank you for viewing the detailed overview of Mercedes-Benz Group AG's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Mercedes-Benz Group AG Business Description

Address
Mercedesstrasse 120, Stuttgart, BW, DEU, 70372
Based in Stuttgart, Germany, Mercedes-Benz Group makes premium and luxury passenger vehicles and commercial vans. Brands include Mercedes-Benz, AMG, and Maybach. Mercedes-Benz Mobility provides the company's dealers and its customers with vehicle financing as well as mobility services in ride hailing, car sharing, and charging. Mercedes owns 9.74% of Aston Martin and 9.55% of Beijing Automotive Group. Through Tenaciou3 Prospect Investment, Li Shufu, chair of Chinese automaker Geely, owns 9.69% of Mercedes-Benz. Other major shareholders include Beijing Automotive Group at 9.98% and Kuwait Investment Authority at 4.9% (6.8% before the sale of a 1.9% stake in March 2023).
Executives
Dr. Martin Brudermüller Supervisory Board
Dr. Frank Weber Supervisory Board
Bader M. Al Saad Supervisory Board
Sari Baldauf Supervisory Board
Ben Van Beurden Supervisory Board
Dr. Bernd Pischetsrieder Supervisory Board
Timotheus Höttges Supervisory Board
Petraea Heynike Supervisory Board
Dr. Manfred Bischoff Supervisory Board
Josef Kaeser Supervisory Board
Dr. Jürgen Hambrecht Supervisory Board