Mercedes-Benz Group AG (MBG) — Financial Flexibility Index

Latest as of December 2025: 0.04x

Mercedes-Benz Group AG (MBG) has a Financial Flexibility Index of 0.04x as of December 2025. Free cash flow of €6.62 Billion (operating CF €2.78 Billion minus capex €3.85 Billion) represents 0% of total liabilities (€161.23 Billion). Check MBG total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.04x
Free Cash Flow / Total Liabilities

Free Cash Flow

€6.62 Billion
Operating CF − Capex

Total Liabilities

€161.23 Billion
EUR

Capital Expenditures

€3.85 Billion
EUR

Mercedes-Benz Group AG Financial Flexibility Index (2007–2025)

Historical Financial Flexibility Index trend for Mercedes-Benz Group AG across 16 annual periods. For the full cash flow conversion analysis, see MBG cash flow conversion.

Annual Financial Flexibility Index for Mercedes-Benz Group AG (2007–2025)

Year-by-year free cash flow to debt coverage for Mercedes-Benz Group AG. Explore how well can Mercedes-Benz Group AG service its debt to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (EUR) Operating CF Total Liabilities YoY Change
2025 0.17x €27.75 Billion €18.01 Billion €161.23 Billion ▲ +11.7%
2024 0.15x €26.40 Billion €17.73 Billion €171.38 Billion ▲ +15.6%
2023 0.13x €22.68 Billion €14.47 Billion €170.21 Billion ▲ +13.5%
2022 0.12x €20.38 Billion €16.89 Billion €173.47 Billion ▼ -24.7%
2021 0.16x €29.13 Billion €24.55 Billion €186.66 Billion ▲ +24.2%
2020 0.13x €28.07 Billion €22.33 Billion €223.49 Billion ▲ +99.5%
2019 0.06x €15.09 Billion €7.89 Billion €239.60 Billion ▲ +72.3%
2018 0.04x €7.88 Billion €343.00 Million €215.57 Billion ▲ +36.6%
2017 0.03x €5.09 Billion €-1.65 Billion €190.29 Billion ▼ -60.8%
2016 0.07x €12.54 Billion €3.71 Billion €183.85 Billion ▲ +109.4%
2015 0.03x €5.30 Billion €222.00 Million €162.54 Billion ▲ +32.4%
2014 0.02x €3.57 Billion €-1.27 Billion €145.05 Billion ▼ -62.7%
2013 0.07x €8.26 Billion €3.29 Billion €125.16 Billion ▼ -52.2%
2009 0.14x €13.38 Billion €10.96 Billion €96.99 Billion ▲ +14.7%
2008 0.12x €17.13 Billion €4.52 Billion €142.38 Billion ▼ -59.2%
2007 0.29x €42.07 Billion €19.28 Billion €142.67 Billion —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities