Mercedes-Benz Group AGWAR:MBG +2.64%83 Net Margin % is 4.49% as of Mar. 2026, which is 24% below its 10-year median of 5.91. GuruFocus rates WAR:MBG with a GF Score™ of 83/100 and a GF Value™ of zł241.65 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,326 Vehicles & Parts companies, Mercedes-Benz Group AG ranks better than 54.15% on this metric.
The historical rank and industry rank for Mercedes-Benz Group AG's Net Margin % or its related term are showing as below:
WAR:MBG'
s Net Margin % Range Over the Past 10 Years
Min: 1.38 Med: 5.91 Max: 17.18
Current: 3.74
WAR:MBG's Net Margin % is ranked better than 54.15% of 1326
companies
in the Vehicles & Parts industry
Industry Median: 3.205
vs WAR:MBG: 3.74
Mercedes-Benz Group AG (WAR:MBG) Net Margin % Explanation
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.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Mercedes-Benz Group AG Net Margin % Related Terms
Mercedes-Benz Group AG Net Margin % Historical Data
* 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.
For the Auto Manufacturers subindustry, Mercedes-Benz Group AG's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Mercedes-Benz Group AG Net Margin % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Mercedes-Benz Group AG's Net Margin % distribution charts can be found below:
* The bar in red indicates where Mercedes-Benz Group AG's Net Margin % falls into.
* 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 (WAR:MBG) has a Net Margin % of 4.49% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Mercedes-Benz Group AG and its competitors. This is 24% below median its historical median of 5.91. Over the past decade, Mercedes-Benz Group AG's Net Margin % has ranged from 1.38 to 17.18. According to the industry distribution chart, Mercedes-Benz Group AG ranks #608 out of 1326 companies in the Vehicles & Parts industry, placing it in the top 45.9%.
Is Mercedes-Benz Group AG's Net Margin % too high?
Mercedes-Benz Group AG's current Net Margin % of 4.49% is 24% below median its 10-year median of 5.91. Over the past 10 years, this metric has ranged from a low of 1.38 to a high of 17.18. The Vehicles & Parts industry median Net Margin % is 3.21. Mercedes-Benz Group AG's value of 4.49% is 40.1% above this industry median. Based on the distribution chart, Mercedes-Benz Group AG ranks #608 out of 1326 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Mercedes-Benz Group AG has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mercedes-Benz Group AG's Net Margin % compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Mercedes-Benz Group AG ranks #608 out of 1326 companies for Net Margin %. This puts Mercedes-Benz Group AG in the upper half of its industry. The industry median Net Margin % is 3.21. Mercedes-Benz Group AG's value of 4.49% is 40.1% above this benchmark. Historically, Mercedes-Benz Group AG's own Net Margin % has ranged from 1.38 to 17.18 over the past decade. While the company's 10-year median is 5.91 vs. the industry median of 3.21, Mercedes-Benz Group AG has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Vehicles & Parts company?
The median Net Margin % among Vehicles & Parts companies is 3.21, based on 1,326 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mercedes-Benz Group AG's current Net Margin % of 4.49% is 40.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Mercedes-Benz Group AG and its competitors. For the Vehicles & Parts industry, the median Net Margin % is 3.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercedes-Benz Group AG's current Net Margin % is 4.49%, which is 24% below median its own 10-year median of 5.91. 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 (WAR:MBG) is currently considered Modestly Undervalued. The stock's GF Value™ is zł241.65, compared to a current price of zł194.82 — trading 19.4% below its estimated fair value. The current Net Margin % is 4.49%, which is 24% below median its 10-year median of 5.91 and 40.1% above the Vehicles & Parts industry median of 3.21. Mercedes-Benz Group AG's overall GF Score™ is 83/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Mercedes-Benz Group AG (WAR:MBG), the current Net Margin % is 4.49% 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 (WAR:MBG) Overvalued in 2026?
Based on GuruFocus' analysis, Mercedes-Benz Group AG stock appears to be undervalued.
The current stock price of zł194.82 is trading 19.4% below its estimated GF Value™ of zł241.65.
GuruFocus considers Mercedes-Benz Group AG to be Modestly Undervalued.
Key valuation signals for WAR:MBG:
Net Margin %: 4.49% (24% below median its 10-year median of 5.91)
GF Value™: zł241.65 vs. price of zł194.82 (19.4% below fair value)
Industry Position: 40.1% above the Vehicles & Parts median (#608 of 1326)
No single metric tells the full story. See the WAR:MBG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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%.
83GF Score
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