Mercedes-Benz Group AG (Mercedes-Benz Group AG) PensionAndRetirementBenefit : $1,108 Mil (As of Mar. 2024)

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What is Mercedes-Benz Group AG PensionAndRetirementBenefit?

Mercedes-Benz Group AG's PensionAndRetirementBenefit for the quarter that ended in Mar. 2024 was $1,108 Mil.

Mercedes-Benz Group AG's quarterly PensionAndRetirementBenefit increased from Sep. 2023 ($1,063 Mil) to Dec. 2023 ($1,189 Mil) but then declined from Dec. 2023 ($1,189 Mil) to Mar. 2024 ($1,108 Mil).

Mercedes-Benz Group AG's annual PensionAndRetirementBenefit declined from Dec. 2021 ($6,055 Mil) to Dec. 2022 ($1,082 Mil) but then increased from Dec. 2022 ($1,082 Mil) to Dec. 2023 ($1,189 Mil).

Mercedes-Benz Group AG PensionAndRetirementBenefit Historical Data

The historical data trend for Mercedes-Benz Group AG's PensionAndRetirementBenefit 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.

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Mercedes-Benz Group AG PensionAndRetirementBenefit Chart

Mercedes-Benz Group AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PensionAndRetirementBenefit

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10,808.89

14,683.70

6,055.37

1,081.57

1,188.66

Mercedes-Benz Group AG Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
PensionAndRetirementBenefit	Get a 7-Day Free Trial															1,070.66	1,083.42	1,062.97	1,188.66	1,107.61

Mercedes-Benz Group AG PensionAndRetirementBenefit Calculation

PensionAndRetirementBenefit is the carrying amount as of the balance sheet date of the portion of the obligations recognized for the various benefits provided to former or inactive employees, their beneficiaries, and covered dependents after employment but before retirement.

Mercedes-Benz Group AG (Mercedes-Benz Group AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Mercedes-Benz Group AG (OTCPK:MBGAF) » Definitions » PensionAndRetirementBenefit

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Traded in Other Exchanges

MBGYY:USA DAI:Romania MBG:Mexico DAIMLER:Hungary MBGd:UK 0NXX:UK MBG:Germany MBG:Austria

Address

Mercedesstrasse 120, Stuttgart, BW, DEU, 70372

Website

https://www.daimler.com

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