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Mercedes-Benz Group AG (MIL:1MBG) COGS-to-Revenue : 0.82 (As of Sep. 2024)


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What is Mercedes-Benz Group AG COGS-to-Revenue?

Mercedes-Benz Group AG's Cost of Goods Sold for the three months ended in Sep. 2024 was €28,316 Mil. Its Revenue for the three months ended in Sep. 2024 was €34,528 Mil.

Mercedes-Benz Group AG's COGS to Revenue for the three months ended in Sep. 2024 was 0.82.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Mercedes-Benz Group AG's Gross Margin % for the three months ended in Sep. 2024 was 17.99%.

Mercedes-Benz Group AG COGS-to-Revenue Historical Data

The historical data trend for Mercedes-Benz Group AG's COGS-to-Revenue 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 COGS-to-Revenue Chart

Mercedes-Benz Group AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
COGS-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 0.83 0.77 0.77 0.78

Mercedes-Benz Group AG Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
COGS-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.78 0.81 0.80 0.79 0.82

Mercedes-Benz Group AG COGS-to-Revenue Calculation

Mercedes-Benz Group AG's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=118839 / 153218
=0.78

Mercedes-Benz Group AG's COGS to Revenue for the quarter that ended in Sep. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=28316 / 34528
=0.82

* 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.

Mercedes-Benz Group AG  (MIL:1MBG) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Mercedes-Benz Group AG's Gross Margin % for the three months ended in Sep. 2024 is calculated as:

Gross Margin %=1 - COGS to Revenue
=1 - Cost of Goods Sold / Revenue
=1 - 28316 / 34528
=17.99 %

* 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.

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Mercedes-Benz Group AG COGS-to-Revenue Related Terms

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Mercedes-Benz Group AG Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Mercedes-Benz Group AG (MIL:1MBG) » Definitions » COGS-to-Revenue
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Address
Mercedesstrasse 120, Stuttgart, BW, DEU, 70372
Website
https://www.daimler.com
Mercedes-Benz Group is a premium automotive original equipment manufacturer, selling around 2 million passenger cars, including its Chinese joint venture, and just under 450,000 vans per year. The company's financial profile improved significantly following the spinoff of Daimler Truck in 2021. Unlike most automotive OEMs, Mercedes operates under its own brand alone. In 2023, 16% of its passenger cars sold were top end (G Class, Maybach, AMG, S Class), 54% were core (C and E Class), and 30% entry (A and B Class). In volume terms, Asia is Mercedes' largest market at 40% of 2023 vehicle sales followed by Europe at 38% and North America at 17%.

Mercedes-Benz Group AG Headlines

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