Mercedes-Benz Group AG (STU:DAI) Operating Margin %: 5.38% (As of Mar. 2026) — 32% Below Median


STU:DAI Mercedes-Benz Group AG STU:DAI
69 GF Score
Price €45.18
GF Value €56.12
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Mercedes-Benz Group AG Operating Margin %?

Mercedes-Benz Group AG STU:DAI -0.79% 69 Operating Margin % is 5.38% as of Mar. 2026, which is 32% below its 10-year median of 7.92. GuruFocus rates STU:DAI with a GF Score™ of 69/100 and a GF Value™ of €56.12 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,325 Vehicles & Parts companies, Mercedes-Benz Group AG ranks worse than 60.6% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Mercedes-Benz Group AG's Operating Income for the three months ended in Mar. 2026 was €1,700 Mil. Mercedes-Benz Group AG's Revenue for the three months ended in Mar. 2026 was €31,602 Mil. Therefore, Mercedes-Benz Group AG's Operating Margin % for the quarter that ended in Mar. 2026 was 5.38%.

Warning Sign:

Mercedes-Benz Group AG operating margin has been in a 5-year decline. The average rate of decline per year is -5.7%.

The historical rank and industry rank for Mercedes-Benz Group AG's Operating Margin % or its related term are showing as below:

STU:DAI' s Operating Margin % Range Over the Past 10 Years
Min: 2.33   Med: 7.92   Max: 11.92
Current: 3.56


STU:DAI's Operating Margin % is ranked worse than
60.6% of 1325 companies
in the Vehicles & Parts industry
Industry Median: 4.86 vs STU:DAI: 3.56

Mercedes-Benz Group AG's 5-Year Average Operating Margin % Growth Rate was -5.70% per year.

Mercedes-Benz Group AG's Operating Income for the three months ended in Mar. 2026 was €1,700 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was €4,650 Mil.


Mercedes-Benz Group AG  (STU:DAI) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Mercedes-Benz Group AG Operating Margin % Related Terms


Mercedes-Benz Group AG Operating Margin % Historical Data

* Premium members only.

The historical data trend for Mercedes-Benz Group AG's Operating Margin % 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 Operating Margin % Chart

Mercedes-Benz Group AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.19 11.92 11.50 8.45 3.68

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
Operating Margin % 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 5.78 2.98 1.25 4.63 5.38

STU:DAI vs TSLA, GM, F: Operating Margin % Comparison

For the Auto Manufacturers subindustry, Mercedes-Benz Group AG's Operating Margin %, along with its competitors' market caps and Operating 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 Operating Margin % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Mercedes-Benz Group AG's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Mercedes-Benz Group AG's Operating Margin % falls into.


STU:DAI
69GF Score
Mercedes-Benz Group AG STU:DAI
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mercedes-Benz Group AG Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

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

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=4870 / 132214
=3.68 %

Mercedes-Benz Group AG's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=1700 / 31602
=5.38 %

* 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 Operating Margin % →
What does a Operating Margin % of 5.38% mean?
Mercedes-Benz Group AG (STU:DAI) has a Operating Margin % of 5.38% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Mercedes-Benz Group AG and its competitors. This is 32% below median its historical median of 7.92. Over the past decade, Mercedes-Benz Group AG's Operating Margin % has ranged from 2.33 to 11.92. According to the industry distribution chart, Mercedes-Benz Group AG ranks #803 out of 1325 companies in the Vehicles & Parts industry, placing it in the top 60.6%.
Is Mercedes-Benz Group AG's Operating Margin % too high?
Mercedes-Benz Group AG's current Operating Margin % of 5.38% is 32% below median its 10-year median of 7.92. Over the past 10 years, this metric has ranged from a low of 2.33 to a high of 11.92. The Vehicles & Parts industry median Operating Margin % is 4.86. Mercedes-Benz Group AG's value of 5.38% is 10.7% above this industry median. Based on the distribution chart, Mercedes-Benz Group AG ranks #803 out of 1325 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Mercedes-Benz Group AG has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mercedes-Benz Group AG's Operating Margin % compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Mercedes-Benz Group AG ranks #803 out of 1325 companies for Operating Margin %. This places Mercedes-Benz Group AG in the lower half of its industry. The industry median Operating Margin % is 4.86. Mercedes-Benz Group AG's value of 5.38% is 10.7% above this benchmark. Historically, Mercedes-Benz Group AG's own Operating Margin % has ranged from 2.33 to 11.92 over the past decade. While the company's 10-year median is 7.92 vs. the industry median of 4.86, 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 Operating Margin % for a Vehicles & Parts company?
The median Operating Margin % among Vehicles & Parts companies is 4.86, based on 1,325 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mercedes-Benz Group AG's current Operating Margin % of 5.38% is 10.7% 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Mercedes-Benz Group AG and its competitors. For the Vehicles & Parts industry, the median Operating Margin % is 4.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercedes-Benz Group AG's current Operating Margin % is 5.38%, which is 32% below median its own 10-year median of 7.92. 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 (STU:DAI) is currently considered Modestly Undervalued. The stock's GF Value™ is €56.12, compared to a current price of €45.18 — trading 19.5% below its estimated fair value. The current Operating Margin % is 5.38%, which is 32% below median its 10-year median of 7.92 and 10.7% above the Vehicles & Parts industry median of 4.86. Mercedes-Benz Group AG's overall GF Score™ is 69/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Mercedes-Benz Group AG (STU:DAI), the current Operating Margin % is 5.38% 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 (STU:DAI) Overvalued in 2026?

Based on GuruFocus' analysis, Mercedes-Benz Group AG stock appears to be undervalued. The current stock price of €45.18 is trading 19.5% below its estimated GF Value™ of €56.12. GuruFocus considers Mercedes-Benz Group AG to be Modestly Undervalued.

Key valuation signals for STU:DAI:

  • Operating Margin %: 5.38% (32% below median its 10-year median of 7.92)
  • GF Value™: €56.12 vs. price of €45.18 (19.5% below fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 10.7% above the Vehicles & Parts median (#803 of 1325)

No single metric tells the full story. See the STU:DAI 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%.
69GF Score

Get the complete analysis for STU:DAI

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

€45.18
Price
€56.12
GF Value