Mercedes-Benz Group AGMEX:MBGN 60 Pretax Margin % is 6.37% as of Mar. 2026, which is 24% below its 10-year median of 8.36. GuruFocus rates MEX:MBGN with a GF Score™ of 60/100 and a GF Value™ of MXN1,161.24 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,326 Vehicles & Parts companies, Mercedes-Benz Group AG ranks better than 50.68% on this metric.
The historical rank and industry rank for Mercedes-Benz Group AG's Pretax Margin % or its related term are showing as below:
MEX:MBGN'
s Pretax Margin % Range Over the Past 10 Years
Min: 2.22 Med: 8.36 Max: 13.53
Current: 4.5
MEX:MBGN's Pretax Margin % is ranked better than 50.68% of 1326
companies
in the Vehicles & Parts industry
Industry Median: 4.4
vs MEX:MBGN: 4.50
Mercedes-Benz Group AG (MEX:MBGN) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Mercedes-Benz Group AG Pretax Margin % Related Terms
Mercedes-Benz Group AG Pretax Margin % Historical Data
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The historical data trend for Mercedes-Benz Group AG's Pretax 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.
MEX:MBGN vs TSLA, GM, F: Pretax Margin % Comparison
For the Auto Manufacturers subindustry, Mercedes-Benz Group AG's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Mercedes-Benz Group AG's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Mercedes-Benz Group AG's Pretax 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 (MEX:MBGN) has a Pretax Margin % of 6.37% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Mercedes-Benz Group AG and its competitors. This is 24% below median its historical median of 8.36. Over the past decade, Mercedes-Benz Group AG's Pretax Margin % has ranged from 2.22 to 13.53. According to the industry distribution chart, Mercedes-Benz Group AG ranks #654 out of 1326 companies in the Vehicles & Parts industry, placing it in the top 49.3%.
Is Mercedes-Benz Group AG's Pretax Margin % too high?
Mercedes-Benz Group AG's current Pretax Margin % of 6.37% is 24% below median its 10-year median of 8.36. Over the past 10 years, this metric has ranged from a low of 2.22 to a high of 13.53. The Vehicles & Parts industry median Pretax Margin % is 4.40. Mercedes-Benz Group AG's value of 6.37% is 44.8% above this industry median. Based on the distribution chart, Mercedes-Benz Group AG ranks #654 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 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mercedes-Benz Group AG's Pretax Margin % compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Mercedes-Benz Group AG ranks #654 out of 1326 companies for Pretax Margin %. This puts Mercedes-Benz Group AG in the upper half of its industry. The industry median Pretax Margin % is 4.40. Mercedes-Benz Group AG's value of 6.37% is 44.8% above this benchmark. Historically, Mercedes-Benz Group AG's own Pretax Margin % has ranged from 2.22 to 13.53 over the past decade. While the company's 10-year median is 8.36 vs. the industry median of 4.40, 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 Pretax Margin % for a Vehicles & Parts company?
The median Pretax Margin % among Vehicles & Parts companies is 4.40, based on 1,326 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mercedes-Benz Group AG's current Pretax Margin % of 6.37% is 44.8% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Mercedes-Benz Group AG and its competitors. For the Vehicles & Parts industry, the median Pretax Margin % is 4.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercedes-Benz Group AG's current Pretax Margin % is 6.37%, which is 24% below median its own 10-year median of 8.36. 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 (MEX:MBGN) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN1,161.24, compared to a current price of MXN1,020.32 — trading 12.1% below its estimated fair value. The current Pretax Margin % is 6.37%, which is 24% below median its 10-year median of 8.36 and 44.8% above the Vehicles & Parts industry median of 4.40. Mercedes-Benz Group AG's overall GF Score™ is 60/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Mercedes-Benz Group AG (MEX:MBGN), the current Pretax Margin % is 6.37% 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 (MEX:MBGN) Overvalued in 2026?
Based on GuruFocus' analysis, Mercedes-Benz Group AG stock appears to be undervalued.
The current stock price of MXN1,020.32 is trading 12.1% below its estimated GF Value™ of MXN1,161.24.
GuruFocus considers Mercedes-Benz Group AG to be Modestly Undervalued.
Key valuation signals for MEX:MBGN:
Pretax Margin %: 6.37% (24% below median its 10-year median of 8.36)
GF Value™: MXN1,161.24 vs. price of MXN1,020.32 (12.1% below fair value)
Industry Position: 44.8% above the Vehicles & Parts median (#654 of 1326)
No single metric tells the full story. See the MEX:MBGN 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%.
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