Mercedes-Benz Group AG (XSWX:MBG) Selling, General, & Admin. Expense: CHF11,205 Mil (TTM As of Mar. 2026)


XSWX:MBG Mercedes-Benz Group AG XSWX:MBG
62 GF Score
Price CHF40.87
GF Value CHF52.97
Valuation Possible Value Trap
! 5 Warning Signs
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What is Mercedes-Benz Group AG Selling, General, & Admin. Expense?

Mercedes-Benz Group AG XSWX:MBG 62 Selling, General, & Admin. Expense is CHF11,205 Mil as of Mar. 2026. GuruFocus rates XSWX:MBG with a GF Score™ of 62/100 and a GF Value™ of CHF52.97 (Possible Value Trap). The stock has 5 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Mercedes-Benz Group AG's selling, general, & admin. expense for the three months ended in Mar. 2026 was CHF2,662 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was CHF11,205 Mil.


Mercedes-Benz Group AG  (XSWX:MBG) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Mercedes-Benz Group AG Selling, General, & Admin. Expense Related Terms


Mercedes-Benz Group AG Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Mercedes-Benz Group AG's Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense Chart

Mercedes-Benz Group AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12,490.22 11,907.51 12,298.64 11,690.70 11,379.62

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
Selling, General, & Admin. Expense 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 2,923.04 2,928.27 2,895.67 2,719.17 2,662.26

XSWX:MBG vs TSLA, GM, F: Selling, General, & Admin. Expense Comparison

For the Auto Manufacturers subindustry, Mercedes-Benz Group AG's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Mercedes-Benz Group AG's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Mercedes-Benz Group AG's Selling, General, & Admin. Expense falls into.


XSWX:MBG
62GF Score
Mercedes-Benz Group AG XSWX:MBG
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Mercedes-Benz Group AG Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense 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 CHF11,205 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.

What does a Selling, General, & Admin. Expense of CHF11,205 Mil mean?
Mercedes-Benz Group AG (XSWX:MBG) has a Selling, General, & Admin. Expense of CHF11,205 Mil as of Mar. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Mercedes-Benz Group AG and its competitors.
Is Mercedes-Benz Group AG's Selling, General, & Admin. Expense too high?
Mercedes-Benz Group AG's current Selling, General, & Admin. Expense is CHF11,205 Mil. Overall, Mercedes-Benz Group AG has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mercedes-Benz Group AG's Selling, General, & Admin. Expense compare to TSLA and GM?
Mercedes-Benz Group AG's Selling, General, & Admin. Expense of CHF11,205 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 Selling, General, & Admin. Expense for a Vehicles & Parts company?
A good Selling, General, & Admin. Expense depends on the Vehicles & Parts industry context. However, Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Mercedes-Benz Group AG and its competitors. Mercedes-Benz Group AG's current Selling, General, & Admin. Expense is CHF11,205 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 (XSWX:MBG) is currently considered Possible Value Trap. The stock's GF Value™ is CHF52.97, compared to a current price of CHF40.87 — trading 22.9% below its estimated fair value. The current Selling, General, & Admin. Expense is CHF11,205 Mil. Mercedes-Benz Group AG's overall GF Score™ is 62/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Mercedes-Benz Group AG (XSWX:MBG), the current Selling, General, & Admin. Expense is CHF11,205 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 (XSWX:MBG) Overvalued in 2026?

Based on GuruFocus' analysis, Mercedes-Benz Group AG stock appears to be undervalued. The current stock price of CHF40.87 is trading 22.9% below its estimated GF Value™ of CHF52.97. GuruFocus considers Mercedes-Benz Group AG to be Possible Value Trap.

Key valuation signals for XSWX:MBG:

  • Selling, General, & Admin. Expense: CHF11,205 Mil
  • GF Value™: CHF52.97 vs. price of CHF40.87 (22.9% below fair value)
  • GF Score™: 62/100 with 5 warning signs

No single metric tells the full story. See the XSWX:MBG 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%.
62GF Score

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Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF40.87
Price
CHF52.97
GF Value