Mercedes-benz Group Ag · XETR:MBG
Mercedes-benz — Fact Sheet (February 2025)
27 slides from Mercedes-benz's fact sheet, Feb 20, 2025
Slide 1: Fact Sheet for Q4 2024 and Full Year 2024
Fact Sheet for Q4 2024 and Full Year 2024 20 February 2025 Mercedes-Benz Group
Slide 2: Contents
Mercedes-Benz Group 2 Contents Mercedes-Benz Group Stock Market Information 3 Earnings and Financial Situation 4 – 18 Information for Divisions Mercedes-Benz Cars 19 – 22 Mercedes-Benz Vans 23 – 26 Mercedes-Benz Mobility 27
Slide 3: Stock Market Information
Mercedes-Benz Group 3 Stock Market Information Q4 Q1 Q2 Q3 Q4 Q4 : Q4 Q1 – Q4 Q1 – Q4 YTD : YTD 2023 2024 2024 2024 2024 Change 2023 2024 Change Earnings per share (in EUR) basic = diluted 2.99 2.86 2.95 1.81 2.57 -14.1% 13.46 10.19 -24.3% Average number of shares outstanding (in millions) basic = d
Slide 4: Key Figures of the Mercedes-Benz Group
Mercedes-Benz Group 4 Key Figures of the Mercedes-Benz Group Q4 Q1 Q2 Q3 Q4 Q4 : Q4 Q1 – Q4 Q1 – Q4 YTD : YTD (in millions of EUR) 2023 2024 2024 2024 2024 Change 2023 2024 Change 1 Revenue 39,976 35,873 36,743 34,528 38,450 -3.8% 152,390 145,594 -4.5% EBIT 4,326 3,863 4,037 2,517 3,182 -26.4% 19,66
Slide 5: Revenue by Segment
Mercedes-Benz Group 5 Revenue by Segment Q4 Q1 Q2 Q3 Q4 Q4 : Q4 Q1 – Q4 Q1 – Q4 YTD : YTD (in millions of EUR) 2023 2024 2024 2024 2024 Change 2023 2024 Change Mercedes-Benz Cars 29,569 25,713 27,170 25,602 29,276 -1.0% 112,756 107,761 -4.4% Mercedes-Benz Vans 5,611 4,893 4,774 4,657 4,996 -11.0% 20
Slide 6: Revenue by Region
Mercedes-Benz Group 6 Revenue by Region Q4 Q1 Q2 Q3 Q4 Q4 : Q4 Q1 – Q4 Q1 – Q4 YTD : YTD (in millions of EUR) 2023 2024 2024 2024 2024 Change 2023 2024 Change 1 Mercedes-Benz Group 39,976 35,873 36,743 34,528 38,450 -3.8% 152,390 145,594 -4.5% Europe1, 2 16,100 15,455 14,544 14,043 14,722 -8.6% 61,0
Slide 7: Earnings before Interest and Taxes (EBIT) of the Mercedes-Benz Group
Mercedes-Benz Group 7 Earnings before Interest and Taxes (EBIT) of the Mercedes-Benz Group Q4 Q1 Q2 Q3 Q4 Q4 : Q4 Q1 – Q4 Q1 – Q4 YTD : YTD (in millions of EUR) 2023 2024 2024 2024 2024 Change 2023 2024 Change 1 Revenue 39,976 35,873 36,743 34,528 38,450 -3.8% 152,390 145,594 -4.5% 1, 2 Cost of sale
Slide 8: Earnings before Interest and Taxes (EBIT) of Mercedes-Benz Cars
Mercedes-Benz Group 8 Earnings before Interest and Taxes (EBIT) of Mercedes-Benz Cars Q4 Q1 Q2 Q3 Q4 Q4 : Q4 Q1 – Q4 Q1 – Q4 YTD : YTD (in millions of EUR) 2023 2024 2024 2024 2024 Change 2023 2024 Change Revenue 29,569 25,713 27,170 25,602 29,276 -1.0% 112,756 107,761 -4.4% 1 Cost of sales -23,486
Slide 9: Earnings before Interest and Taxes (EBIT) of Mercedes-Benz Vans
Mercedes-Benz Group 9 Earnings before Interest and Taxes (EBIT) of Mercedes-Benz Vans Q4 Q1 Q2 Q3 Q4 Q4 : Q4 Q1 – Q4 Q1 – Q4 YTD : YTD (in millions of EUR) 2023 2024 2024 2024 2024 Change 2023 2024 Change Revenue 5,611 4,893 4,774 4,657 4,996 -11.0% 20,288 19,320 -4.8% 1 Cost of sales -4,218 -3,706
Slide 10: Earnings before Interest and Taxes (EBIT) of Mercedes-Benz Mobility
Mercedes-Benz Group 10 Earnings before Interest and Taxes (EBIT) of Mercedes-Benz Mobility Q4 Q1 Q2 Q3 Q4 Q4 : Q4 Q1 – Q4 Q1 – Q4 YTD : YTD (in millions of EUR) 2023 2024 2024 2024 2024 Change 2023 2024 Change 1 Revenue 6,640 6,855 6,347 6,007 5,874 -11.5% 25,571 25,083 -1.9% 1 Cost of sales -6,008
Slide 11: EBIT and Return on Sales (RoS) / Return on Equity (RoE)
Mercedes-Benz Group 11 EBIT and Return on Sales (RoS) / Return on Equity (RoE) Q4 Q1 Q2 Q3 Q4 Q4 : Q4 Q1 – Q4 Q1 – Q4 YTD : YTD (EBIT in millions of EUR, RoS/RoE in %) 2023 2024 2024 2024 2024 Change 2023 2024 Change Mercedes-Benz Cars EBIT 2,912 2,456 2,756 1,198 2,050 -29.6% 14,224 8,460 -40.5% Ro
Slide 12: Reconciliation: Adjustments affecting EBIT
Mercedes-Benz Group 12 Adjustments affecting EBIT Q4 Q1 Q2 Q3 Q4 Q4 : Q4 Q1 – Q4 Q1 – Q4 YTD : YTD (in millions of EUR) 2023 2024 2024 2024 2024 Change 2023 2024 Change Legal proceedings and related measures 58 -133 7 9 -16 . 94 -133 . Mercedes-Benz Restructuring measures 0 0 0 0 350 . 0 350 . Cars
Slide 13: EBIT Adjusted and RoS/RoE Adjusted
Mercedes-Benz Group 13 EBIT Adjusted and RoS/RoE Adjusted Q4 Q1 Q2 Q3 Q4 Q4 : Q4 Q1 – Q4 Q1 – Q4 YTD : YTD (EBIT in millions of EUR, RoS/RoE in %) 2023 2024 2024 2024 2024 Change 2023 2024 Change Mercedes-Benz Cars EBIT adjusted 2,970 2,323 2,763 1,207 2,384 -19.7% 14,252 8,677 -39.1% RoS adjusted (
Slide 14: Free Cash Flow and Net Liquidity of the Industrial Business
Mercedes-Benz Group 14 Free Cash Flow and Net Liquidity of the Industrial Business Q4 Q1 Q2 Q3 Q4 Q4 : Q4 Q1 – Q4 Q1 – Q4 YTD : YTD (in millions of EUR) 2023 2024 2024 2024 2024 Change 2023 2024 Change Net liquidity at the beginning of the period 28,485 31,069 33,010 27,367 28,224 -0.9% 26,637 31,06
Slide 15: Liquidity
Mercedes-Benz Group 15 Liquidity Q4 Q1 Q2 Q3 Q4 Q4 : Q4 Q4 Q4 YTD : YTD (at period end, in millions of EUR) 2023 2024 2024 2024 2024 Change 2023 2024 Change Group liquidity Cash and cash equivalents 15,972 17,208 12,862 14,032 14,516 -9.1% 15,972 14,516 -9.1% Marketable debt securities and similar i
Slide 16: Reconciliation from CFBIT to Free Cash Flow of the Industrial Business
Mercedes-Benz Group 16 Reconciliation from CFBIT1 to Free Cash Flow of the Industrial Business Q4 Q1 Q2 Q3 Q4 Q4 : Q4 Q1 – Q4 Q1 – Q4 YTD : YTD (in millions of EUR) 2023 2024 2024 2024 2024 Change 2023 2024 Change CFBIT of Mercedes-Benz Cars 3,438 2,297 2,156 2,412 2,098 -39.0% 12,336 8,963 -27.3% C
Slide 17: Adjustments affecting Free Cash Flow of the Industrial Business
Mercedes-Benz Group 17 Adjustments affecting Free Cash Flow of the Industrial Busines Q4 Q1 Q2 Q3 Q4 Q4 : Q4 Q1 – Q4 Q1 – Q4 YTD : YTD (in millions of EUR) 2023 2024 2024 2024 2024 Change 2023 2024 Change Mercedes-Benz Legal proceedings and related measures 40 44 36 25 27 -32.5% 251 132 -47.4% Cars
Slide 18: Pension and Health-Care Benefits
Mercedes-Benz Group 18 Pension and Health-Care Benefits Q4 Q1 Q2 Q3 Q4 Q4 : Q4 Q4 Q4 YTD : YTD (at period end, in millions of EUR) 2023 2024 2024 2024 2024 Change 2023 2024 Change Pension benefits Benefit obligations 21,992 21,411 20,953 21,477 21,599 -1.8% 21,992 21,599 -1.8% Plan assets 21,890 22,
Slide 19: Mercedes-Benz Cars - Overview
Mercedes-Benz Group 19 Mercedes-Benz Cars - Overview Q4 Q1 Q2 Q3 Q4 Q4 : Q4 Q1 – Q4 Q1 – Q4 YTD : YTD 2023 2024 2024 2024 2024 Change 2023 2024 Change Unit sales (units) 514,258 462,978 496,712 503,573 520,140 +1.1% 2,044,051 1,983,403 -3.0% Share of xEV in unit sales (%) 21.8 % 19.5 % 18.1 % 17.3 %
Slide 20: Mercedes-Benz Cars - Units Sales by Region
Mercedes-Benz Group 20 Mercedes-Benz Cars - Units Sales by Region Q4 Q1 Q2 Q3 Q4 Q4 : Q4 Q1 – Q4 Q1 – Q4 YTD : YTD (in units) 2023 2024 2024 2024 2024 Change 2023 2024 Change Group sales (including smart) 514,258 462,978 496,712 503,573 520,140 +1.1% 2,044,051 1,983,403 -3.0% Europe1 174,385 160,169
Slide 21: Mercedes-Benz Cars - Unit Sales by Product Categories and Share of Electrified Models
Mercedes-Benz Group 21 Mercedes-Benz Cars - Unit Sales by Product Categories and Share of Electrified Models Q4 Q1 Q2 Q3 Q4 Q4 : Q4 Q1 – Q4 Q1 – Q4 YTD : YTD (in units) 2023 2024 2024 2024 2024 Change 2023 2024 Change Group sales (including smart) 514,258 462,978 496,712 503,573 520,140 +1.1% 2,044,
Slide 22: Mercedes-Benz Cars - Reconciliation from EBIT to CFBIT
Mercedes-Benz Group 22 Mercedes-Benz Cars - Reconciliation from EBIT to CFBIT Q4 Q1 Q2 Q3 Q4 Q4 : Q4 Q1 – Q4 Q1 – Q4 YTD : YTD (in millions of EUR) 2023 2024 2024 2024 2024 Change 2023 2024 Change EBIT 2,912 2,456 2,756 1,198 2,050 -29.6% 14,224 8,460 -40.5% Change in working capital 714 308 -1,424
Slide 23: Mercedes-Benz Vans - Overview
Mercedes-Benz Group 23 Mercedes-Benz Vans - Overview Q4 Q1 Q2 Q3 Q4 Q4 : Q4 Q1 – Q4 Q1 – Q4 YTD : YTD 2023 2024 2024 2024 2024 Change 2023 2024 Change Unit sales (units) 124,317 105,425 103,435 91,063 105,687 -15.0% 447,790 405,610 -9.4% Share of xEV in unit sales (%) 6.2 % 2.8 % 5.0 % 4.8 % 6.6 % .
Slide 24: Mercedes-Benz Vans - Units Sales by Region
Mercedes-Benz Group 24 Mercedes-Benz Vans - Units Sales by Region Q4 Q1 Q2 Q3 Q4 Q4 : Q4 Q1 – Q4 Q1 – Q4 YTD : YTD (in units) 2023 2024 2024 2024 2024 Change 2023 2024 Change Group sales (including T-/V-Class) 124,317 105,425 103,435 91,063 105,687 -15.0% 447,790 405,610 -9.4% Europe1 81,686 66,979
Slide 25: Mercedes-Benz Vans - Unit Sales by Segment
Mercedes-Benz Group 25 Mercedes-Benz Vans - Unit Sales by Segment Q4 Q1 Q2 Q3 Q4 Q4 : Q4 Q1 – Q4 Q1 – Q4 YTD : YTD (in units) 2023 2024 2024 2024 2024 Change 2023 2024 Change Group sales 124,317 105,425 103,435 91,063 105,687 -15.0% 447,790 405,610 -9.4% Commercial Vans 106,548 92,770 86,214 78,378
Slide 26: Mercedes-Benz Vans - Reconciliation from EBIT to CFBIT
Mercedes-Benz Group 26 Mercedes-Benz Vans - Reconciliation from EBIT to CFBIT Q4 Q1 Q2 Q3 Q4 Q4 : Q4 Q1 – Q4 Q1 – Q4 YTD : YTD (in millions of EUR) 2023 2024 2024 2024 2024 Change 2023 2024 Change EBIT 855 933 830 618 551 -35.6% 3,138 2,932 -6.6% Change in working capital -89 40 -405 505 -183 +105.6
Slide 27: Mercedes-Benz Mobility - Overview
Mercedes-Benz Group 27 Mercedes-Benz Mobility - Overview Q4 Q1 Q2 Q3 Q4 Q4 : Q4 Q1 – Q4 Q1 – Q4 YTD : YTD (in millions of EUR) 2023 2024 2024 2024 2024 Change 2023 2024 Change New business 16,715 14,750 14,094 14,235 16,406 -1.8% 62,014 59,486 -4.1% Contract volume (at period end) 135,027 134,672 13