Mercedes-Benz Group AG (MBG) - Net Assets

Latest as of June 2025: €91.72 Billion EUR

Based on the latest financial reports, Mercedes-Benz Group AG (MBG) has net assets worth €91.72 Billion EUR as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€256.63 Billion) and total liabilities (€164.91 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets €91.72 Billion
% of Total Assets 35.74%
Annual Growth Rate 3.04%
5-Year Change 50.41%
10-Year Change 71.41%
Growth Volatility 16.08

Mercedes-Benz Group AG - Net Assets Trend (2007–2024)

This chart illustrates how Mercedes-Benz Group AG's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Mercedes-Benz Group AG (2007–2024)

The table below shows the annual net assets of Mercedes-Benz Group AG from 2007 to 2024.

Year Net Assets Change
2024-12-31 €93.63 Billion +0.88%
2023-12-31 €92.82 Billion +7.25%
2022-12-31 €86.54 Billion +18.28%
2021-12-31 €73.17 Billion +17.54%
2020-12-31 €62.25 Billion -0.94%
2019-12-31 €62.84 Billion -4.86%
2018-12-31 €66.05 Billion +1.13%
2017-12-31 €65.31 Billion +10.45%
2016-12-31 €59.13 Billion +8.25%
2015-12-31 €54.62 Billion +22.52%
2014-12-31 €44.58 Billion +2.82%
2013-12-31 €43.36 Billion +36.25%
2009-12-31 €31.83 Billion -27.67%
2008-12-31 €44.01 Billion -21.85%
2007-12-31 €56.31 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Mercedes-Benz Group AG's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 55.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings €75.47 Billion 81.48%
Other Components €17.16 Billion 18.52%
Total Equity €92.62 Billion 100.00%

Mercedes-Benz Group AG Competitors by Market Cap

The table below lists competitors of Mercedes-Benz Group AG ranked by their market capitalization.

Company Market Cap
Loblaw Companies Limited
TO:L
 		$51.73 Billion
UCB SA
BR:UCB
 		$51.74 Billion
OSRAM LICHT N
HM:OSR
 		$51.75 Billion
Alimentation Couchen Tard Inc A
TO:ATD
 		$51.81 Billion
Ferguson Plc
NYSE:FERG
 		$51.59 Billion
L3Harris Technologies Inc
NYSE:LHX
 		$51.53 Billion
Thales S.A.
PA:HO
 		$51.35 Billion
Fastenal Company
NASDAQ:FAST
 		$51.35 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Mercedes-Benz Group AG's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 91,773,000,000 to 92,625,000,000, a change of 852,000,000 (0.9%).
  • Net income of 10,207,000,000 contributed positively to equity growth.
  • Dividend payments of 5,486,000,000 reduced retained earnings.
  • Share repurchases of 4,921,000,000 reduced equity.
  • Other factors increased equity by 1,052,000,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income €10.21 Billion +11.02%
Dividends Paid €5.49 Billion -5.92%
Share Repurchases €4.92 Billion -5.31%
Other Changes €1.05 Billion +1.14%
Total Change €- 0.93%

Book Value vs Market Value Analysis

This analysis compares Mercedes-Benz Group AG's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 0.56x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has decreased from 0.90x to 0.56x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2017-12-31 €59.84 €53.87 x
2018-12-31 €60.45 €53.87 x
2019-12-31 €57.34 €53.87 x
2020-12-31 €56.73 €53.87 x
2021-12-31 €67.25 €53.87 x
2022-12-31 €79.84 €53.87 x
2023-12-31 €85.78 €53.87 x
2024-12-31 €96.19 €53.87 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Mercedes-Benz Group AG utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 11.02%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 7.01%
  • • Asset Turnover: 0.55x
  • • Equity Multiplier: 2.86x
  • Recent ROE (11.02%) is below the historical average (12.11%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2007 10.42% 4.01% 0.74x 3.53x €238.61 Million
2008 4.53% 1.47% 0.73x 4.24x €-2.41 Billion
2009 -8.72% -3.34% 0.61x 4.26x €-5.67 Billion
2013 16.03% 5.80% 0.70x 3.95x €2.57 Billion
2014 15.94% 5.36% 0.68x 4.34x €2.60 Billion
2015 15.73% 5.64% 0.69x 4.05x €3.07 Billion
2016 14.71% 5.56% 0.63x 4.19x €2.73 Billion
2017 16.44% 6.40% 0.64x 3.99x €4.12 Billion
2018 11.21% 4.33% 0.59x 4.35x €782.30 Million
2019 3.87% 1.38% 0.57x 4.93x €-3.76 Billion
2020 5.98% 2.35% 0.54x 4.71x €-2.44 Billion
2021 31.97% 17.18% 0.52x 3.61x €15.81 Billion
2022 16.98% 9.67% 0.58x 3.04x €5.96 Billion
2023 15.54% 9.36% 0.58x 2.87x €5.08 Billion
2024 11.02% 7.01% 0.55x 2.86x €944.50 Million

Industry Comparison

This section compares Mercedes-Benz Group AG's net assets metrics with peer companies in the Auto Manufacturers industry.

Industry Context

  • Industry: Auto Manufacturers
  • Average net assets among peers: $-7,669,006,460,028
  • Average return on equity (ROE) among peers: -78.17%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Mercedes-Benz Group AG (MBG) €91.72 Billion 10.42% 1.80x $51.62 Billion
VinFast Auto Ltd. (0TL) $-76.94 Trillion 0.00% 0.00x $7.04 Billion
BAIC Motor Corp Ltd (2B5) $74.89 Billion 5.15% 1.41x $480.65 Million
BYD CO.LTD SDR/0,10 O.N. (4BY1) $104.24 Billion 2.92% 1.84x $5.21 Billion
Xinchen China Power Holdings Limited (4XI) $2.86 Billion 6.49% 1.07x $39.72 Million
TENAX INTL SPA (7IH) $7.40 Million 1.25% 2.35x $4.37 Million
SPEAR INVEST.I B.V.EO-01 (7IO) $-5.65 Million 0.00% 0.00x $7.73 Million
Ebusco Holding N.V. (8J30) $27.50 Million -729.52% 5.55x $24.11 Million
XPENG INC. CL.A DL-00001 (8XP) $31.27 Billion -18.51% 1.64x $14.00 Billion
XPENG INC. SP.ADS/2 CL.A (8XPA) $36.91 Billion -24.76% 0.94x $14.09 Billion
ASTON MART.LA.UADR LS-001 (A5S0) $923.10 Million -24.71% 2.44x $390.66 Million

About Mercedes-Benz Group AG

F:MBG Germany Auto Manufacturers
Market Cap
$55.73 Billion
€47.67 Billion EUR
Market Cap Rank
#450 Global
#55 in Germany
Share Price
€53.87
Change (1 day)
-1.66%
52-Week Range
€48.28 - €61.79
All Time High
€72.30
Categories
Companies in Germany Auto Manufacturers
About

Mercedes-Benz Group AG operates as an automotive company in Germany and internationally. It operates through Mercedes-Benz Cars, Mercedes-Benz Vans, and Mercedes-Benz Mobility segments. The company develops, manufactures, and sells cars and vans under the Mercedes-Benz, Mercedes-AMG, Mercedes-Maybach, G-Class brands, as well as related spare parts and accessories. It also provides financing, leas… Read more