Mercedes-benz Group Ag · XETR:MBG
Mercedes-benz — Fact Sheet (February 2026)
27 slides from Mercedes-benz's fact sheet, February 2026
Slide 1: Fact Sheet for Q4 2025 and Full Year 2025
Fact Sheet for Q4 2025 and Full Year 2025 Mercedes-Benz Group
Slide 2: Contents
Fact Sheet Q4 2025 and Full Year 2025 | Mercedes-Benz Group 2 Contents 3 MERCEDES-BENZ GROUP 19 INFORMATION FOR DIVISIONS 3 Stock Market Information 19 MBC Overview 4 Key Figures of the Mercedes-Benz Group 20 MBC Sales by Region 5 Revenue by Segment 21 MBC Sales by Segment 6 Revenue by Region 22 MBC
Slide 3: Stock Market Information
Fact Sheet Q4 2025 and Full Year 2025 | Mercedes-Benz Group 3 Back to Contents Stock Market Information Q4 : Q4 YTD : YTD Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Change % Q1-4 2024 Q1-4 2025 Change % Earnings per share (basic = diluted, in EUR) 2.57 1.74 0.95 1.22 1.43 -44.3 10.19 5.34 -47.6 Average
Slide 4: Key Figures of the Mercedes-Benz Group
Fact Sheet Q4 2025 and Full Year 2025 | Mercedes-Benz Group 4 Back to Contents Key Figures of the Mercedes-Benz Group Q4 : Q4 YTD : YTD Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Change % Q1-4 2024 Q1-4 2025 Change % (in millions of EUR) Revenue 38,450 33,224 33,153 32,147 33,690 -12.4 145,594 132,214
Slide 5: Revenue by Segment
Fact Sheet Q4 2025 and Full Year 2025 | Mercedes-Benz Group 5 Back to Contents Revenue by Segment Q4 : Q4 YTD : YTD Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Change % Q1-4 2024 Q1-4 2025 Change % (in millions of EUR) Mercedes-Benz Cars 29,276 24,238 24,162 23,742 24,265 -17.1 107,761 96,407 -10.5 Merc
Slide 6: Revenue by Region
Fact Sheet Q4 2025 and Full Year 2025 | Mercedes-Benz Group 6 Back to Contents Revenue by Region Q4 : Q4 YTD : YTD Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Change % Q1-4 2024 Q1-4 2025 Change % (in millions of EUR) Mercedes-Benz Group 38,450 33,224 33,153 32,147 33,690 -12.4 145,594 132,214 -9.2 Euro
Slide 7: Earnings before Interest and Taxes (EBIT) of the Mercedes-Benz Group
Fact Sheet Q4 2025 and Full Year 2025 | Mercedes-Benz Group 7 Back to Contents Earnings before Interest and Taxes (EBIT) of the Mercedes-Benz Group Q4 : Q4 YTD : YTD Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Change % Q1-4 2024 Q1-4 2025 Change % (in millions of EUR) Revenue 38,450 33,224 33,153 32,147
Slide 8: Earnings before Interest and Taxes (EBIT) of Mercedes-Benz Cars
Fact Sheet Q4 2025 and Full Year 2025 | Mercedes-Benz Group 8 Back to Contents Earnings before Interest and Taxes (EBIT) of Mercedes-Benz Cars Q4 : Q4 YTD : YTD Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Change % Q1-4 2024 Q1-4 2025 Change % (in millions of EUR) Revenue 29,276 24,238 24,162 23,742 24,2
Slide 9: Earnings before Interest and Taxes (EBIT) of Mercedes-Benz Vans
Fact Sheet Q4 2025 and Full Year 2025 | Mercedes-Benz Group 9 Back to Contents Earnings before Interest and Taxes (EBIT) of Mercedes-Benz Vans Q4 : Q4 YTD : YTD Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Change % Q1-4 2024 Q1-4 2025 Change % (in millions of EUR) Revenue 4,996 4,080 4,237 4,044 4,787 -4
Slide 10: Earnings before Interest and Taxes (EBIT) of Mercedes-Benz Financial Services
Fact Sheet Q4 2025 and Full Year 2025 | Mercedes-Benz Group 10 Back to Contents Earnings before Interest and Taxes (EBIT) of Mercedes-Benz Financial Services Q4 : Q4 YTD : YTD Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Change % Q1-4 2024 Q1-4 2025 Change % (in millions of EUR) Revenue 5,874 6,422 6,248
Slide 11: EBIT and Return on Sales (RoS)/Return on Equity (RoE)
Fact Sheet Q4 2025 and Full Year 2025 | Mercedes-Benz Group 11 Back to Contents EBIT and Return on Sales (RoS)/Return on Equity (RoE) Q4 : Q4 YTD : YTD Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Change % Q1-4 2024 Q1-4 2025 Change % (EBIT in millions of EUR, RoS/RoE in %) Mercedes-Benz Cars EBIT 2,050
Slide 12: Adjustments affecting EBIT
Fact Sheet Q4 2025 and Full Year 2025 | Mercedes-Benz Group 12 Back to Contents Adjustments affecting EBIT Q4 : Q4 YTD : YTD Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Change % Q1-4 2024 Q1-4 2025 Change % (in millions of EUR) Mercedes-Benz Cars Legal proceedings and related measures -16 6 1 4 -9 -43.8
Slide 13: EBIT Adjusted and RoS/RoE Adjusted
Fact Sheet Q4 2025 and Full Year 2025 | Mercedes-Benz Group 13 Back to Contents EBIT Adjusted and RoS/RoE Adjusted Q4 : Q4 YTD : YTD Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Change % Q1-4 2024 Q1-4 2025 Change % (EBIT in millions of EUR, RoS/RoE in %) Mercedes-Benz Cars EBIT adjusted 2,384 1,768 1,22
Slide 14: Free Cash Flow and Net Liquidity of the Industrial Business
Fact Sheet Q4 2025 and Full Year 2025 | Mercedes-Benz Group 14 Back to Contents Free Cash Flow and Net Liquidity of the Industrial Business Q4 : Q4 YTD : YTD Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Change % Q1-4 2024 Q1-4 2025 Change % (in millions of EUR) Net liquidity at the beginning of the perio
Slide 15: Liquidity
Fact Sheet Q4 2025 and Full Year 2025 | Mercedes-Benz Group 15 Back to Contents Liquidity1 Q4 : Q4 YTD : YTD Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Change % Q4 2024 Q4 2025 Change % (at period end, in millions of EUR) Group liquidity Cash and cash equivalents 14,516 11,752 13,939 13,666 12,276 -15.
Slide 16: Reconciliation from CFBIT to Free Cash Flow of the Industrial Business
Fact Sheet Q4 2025 and Full Year 2025 | Mercedes-Benz Group 16 Back to Contents Reconciliation from CFBIT1 to Free Cash Flow of the Industrial Business Q4 : Q4 YTD : YTD Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Change % Q1-4 2024 Q1-4 2025 Change % (in millions of EUR) CFBIT of Mercedes-Benz Cars 2,0
Slide 17: Adjustments affecting Free Cash Flow of the Industrial Business
Fact Sheet Q4 2025 and Full Year 2025 | Mercedes-Benz Group 17 Back to Contents Adjustments affecting Free Cash Flow of the Industrial Business Q4 : Q4 YTD : YTD Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Change % Q1-4 2024 Q1-4 2025 Change % (in millions of EUR) Mercedes-Benz Cars Legal proceedings an
Slide 18: Pension and Health-Care Benefits
Fact Sheet Q4 2025 and Full Year 2025 | Mercedes-Benz Group 18 Back to Contents Pension and Health-Care Benefits Q4 : Q4 YTD : YTD Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Change % Q4 2024 Q4 2025 Change % (at period end, in millions of EUR) Pension benefits Benefit obligations 21,599 20,536 20,546 2
Slide 19: Mercedes-Benz Cars - Overview
Fact Sheet Q4 2025 and Full Year 2025 | Mercedes-Benz Group 19 Back to Contents Mercedes-Benz Cars - Overview Q4 : Q4 YTD : YTD Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Change % Q1-4 2024 Q1-4 2025 Change % Unit sales (units) 520,140 446,300 453,674 441,453 459,864 -11.6 1,983,403 1,801,291 -9.2 Shar
Slide 20: Mercedes-Benz Cars - Units Sales by Region
Fact Sheet Q4 2025 and Full Year 2025 | Mercedes-Benz Group 20 Back to Contents Mercedes-Benz Cars - Units Sales by Region Q4 : Q4 YTD : YTD Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Change % Q1-4 2024 Q1-4 2025 Change % (in units) Group sales 520,140 446,300 453,674 441,453 459,864 -11.6 1,983,403 1,
Slide 21: Mercedes-Benz Cars - Unit Sales by Product Categories and Share of Electrified Models
Fact Sheet Q4 2025 and Full Year 2025 | Mercedes-Benz Group 21 Back to Contents Mercedes-Benz Cars - Unit Sales by Product Categories and Share of Electrified Models Q4 : Q4 YTD : YTD Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Change % Q1-4 2024 Q1-4 2025 Change % (in units) Group sales1 520,140 446,30
Slide 22: Mercedes-Benz Cars - Reconciliation from EBIT to CFBIT
Fact Sheet Q4 2025 and Full Year 2025 | Mercedes-Benz Group 22 Back to Contents Mercedes-Benz Cars - Reconciliation from EBIT to CFBIT Q4 : Q4 YTD : YTD Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Change % Q1-4 2024 Q1-4 2025 Change % (in millions of EUR) EBIT 2,050 1,758 783 430 593 -71.1 8,460 3,564 -
Slide 23: Mercedes-Benz Vans - Overview
Fact Sheet Q4 2025 and Full Year 2025 | Mercedes-Benz Group 23 Back to Contents Mercedes-Benz Vans - Overview Q4 : Q4 YTD : YTD Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Change % Q1-4 2024 Q1-4 2025 Change % Unit sales (units) 105,687 82,943 93,393 83,843 98,957 -6.4 405,610 359,136 -11.5 Share of xEV
Slide 24: Mercedes-Benz Vans - Units Sales by Region
Fact Sheet Q4 2025 and Full Year 2025 | Mercedes-Benz Group 24 Back to Contents Mercedes-Benz Vans - Units Sales by Region Q4 : Q4 YTD : YTD Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Change % Q1-4 2024 Q1-4 2025 Change % (in units) Group sales1 105,687 82,943 93,393 83,843 98,957 -6.4 405,610 359,136
Slide 25: Mercedes-Benz Vans - Unit Sales by Segment
Fact Sheet Q4 2025 and Full Year 2025 | Mercedes-Benz Group 25 Back to Contents Mercedes-Benz Vans - Unit Sales by Segment Q4 : Q4 YTD : YTD Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Change % Q1-4 2024 Q1-4 2025 Change % (in units) Group sales1 105,687 82,943 93,393 83,843 98,957 -6.4 405,610 359,136
Slide 26: Mercedes-Benz Vans - Reconciliation from EBIT to CFBIT
Fact Sheet Q4 2025 and Full Year 2025 | Mercedes-Benz Group 26 Back to Contents Mercedes-Benz Vans - Reconciliation from EBIT to CFBIT Q4 : Q4 YTD : YTD Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Change % Q1-4 2024 Q1-4 2025 Change % (in millions of EUR) EBIT 551 229 274 358 448 -18.7 2,932 1,309 -55.4
Slide 27: Mercedes-Benz Financial Services - Overview
Fact Sheet Q4 2025 and Full Year 2025 | Mercedes-Benz Group 27 Back to Contents Mercedes-Benz Financial Services - Overview Q4 : Q4 YTD : YTD Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Change % Q1-4 2024 Q1-4 2025 Change % (in millions of EUR) New business 16,406 13,622 13,805 13,727 14,762 -10.0 59,48