Mercedes-Benz Group AG (CHIX:MBGD) Net Income: €4,881 Mil (TTM As of Mar. 2026)


CHIX:MBGD Mercedes-Benz Group AG CHIX:MBGD
71 GF Score
Price €44.55
GF Value €55.30
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Mercedes-Benz Group AG Net Income?

Mercedes-Benz Group AG CHIX:MBGD 71 Net Income is €4,881 Mil as of Mar. 2026. GuruFocus rates CHIX:MBGD with a GF Score™ of 71/100 and a GF Value™ of €55.30 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Mercedes-Benz Group AG's Net Income for the three months ended in Mar. 2026 was €1,418 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was €4,881 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Mercedes-Benz Group AG's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was €1.49.


Mercedes-Benz Group AG  (CHIX:MBGd) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Mercedes-Benz Group AG's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2026 is calculated as

* 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Mercedes-Benz Group AG Net Income Related Terms


Mercedes-Benz Group AG Net Income Historical Data

* Premium members only.

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

Mercedes-Benz Group AG Net Income Chart

Mercedes-Benz Group AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23,006.00 14,501.00 14,261.00 10,207.00 5,141.00

Mercedes-Benz Group AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Income 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 1,678.00 915.00 1,173.00 1,375.00 1,418.00
CHIX:MBGD
71GF Score
Mercedes-Benz Group AG CHIX:MBGD
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Mercedes-Benz Group AG Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Mercedes-Benz Group AG's Net Income for the fiscal year that ended in Dec. 2025 is calculated as

Net Income(A: Dec. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=6284+-953+0+-190
=5,141

Mercedes-Benz Group AG's Net Income for the quarter that ended in Mar. 2026 is calculated as

Net Income(Q: Mar. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=2012+-579+0+-15
=1,418

Net Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €4,881 Mil.

* 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.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of €4,881 Mil mean?
Mercedes-Benz Group AG (CHIX:MBGD) has a Net Income of €4,881 Mil as of Mar. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Mercedes-Benz Group AG and its competitors.
Is Mercedes-Benz Group AG's Net Income too high?
Mercedes-Benz Group AG's current Net Income is €4,881 Mil. Overall, Mercedes-Benz Group AG has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mercedes-Benz Group AG's Net Income compare to TSLA and GM?
Mercedes-Benz Group AG's Net Income of €4,881 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for a Vehicles & Parts company?
A good Net Income depends on the Vehicles & Parts industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Mercedes-Benz Group AG and its competitors. Mercedes-Benz Group AG's current Net Income is €4,881 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercedes-Benz Group AG stock overvalued right now?
Based on GuruFocus' analysis, Mercedes-Benz Group AG (CHIX:MBGD) is currently considered Modestly Undervalued. The stock's GF Value™ is €55.30, compared to a current price of €44.55 — trading 19.4% below its estimated fair value. The current Net Income is €4,881 Mil. Mercedes-Benz Group AG's overall GF Score™ is 71/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Mercedes-Benz Group AG (CHIX:MBGD), the current Net Income is €4,881 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mercedes-Benz Group AG (CHIX:MBGD) Overvalued in 2026?

Based on GuruFocus' analysis, Mercedes-Benz Group AG stock appears to be undervalued. The current stock price of €44.55 is trading 19.4% below its estimated GF Value™ of €55.30. GuruFocus considers Mercedes-Benz Group AG to be Modestly Undervalued.

Key valuation signals for CHIX:MBGD:

  • Net Income: €4,881 Mil
  • GF Value™: €55.30 vs. price of €44.55 (19.4% below fair value)
  • GF Score™: 71/100 with 5 warning signs

No single metric tells the full story. See the CHIX:MBGD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mercedes-Benz Group AG Business Description

Address Mercedesstrasse 120, Stuttgart, BW, DEU, 70372
Mercedes-Benz Group is a premium automotive original equipment manufacturer, selling around 2 million passenger cars, including its Chinese joint venture, and just under 400,000 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 brand alone. In 2025, 15% of its passenger cars sold were top end (G Class, Maybach, AMG, S Class), 58% were core (C and E Class), and 27% entry (A and B Class). In volume terms, Asia and Europe are Mercedes' largest markets, representing 41% and 36% of 2025 vehicle sales, respectively, followed by North America at 16%.
71GF Score

Get the complete analysis for CHIX:MBGD

Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€44.55
Price
€55.30
GF Value