In the fiscal year of 2023, Mercedes-Benz Cars recorded an EBIT of around 17.36 billion euros, a decrease of nearly five percent as compared to the previous year. Following the loss of around 110 million euros (or some 134 million U.S. dollars) in 2019, Mercedes-Benz Cars & Vans' EBIT rose to nearly 5.2 billion euros in 2020, and reached over 18.2 billion euros in 2022. Profit figures increased despite the coronavirus pandemic that year largely due to an improved sales structure and positive development of the company's used car segment.
Mercedes-Benz Cars & Vans' EBIT from FY 2011 to FY 2023
(in billion euros)
EBIT stands for before interest and taxes; 2012 figure was adjusted to comply with IAS 19. The figures for 2011 through 2020 were taken from previous editions; one euro bought 1.07331 U.S. dollars on December 31, 2022. The values have been rounded. * Data prior to 2019 only includes Mercedes-Benz Cars.
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Mercedes-Benz. (March 15, 2024). Mercedes-Benz Cars & Vans' EBIT from FY 2011 to FY 2023 (in billion euros) [Graph]. In Statista. Retrieved November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/347104/ebit-of-mercedes-benz-cars/
Mercedes-Benz. "Mercedes-Benz Cars & Vans' EBIT from FY 2011 to FY 2023 (in billion euros)." Chart. March 15, 2024. Statista. Accessed November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/347104/ebit-of-mercedes-benz-cars/
Mercedes-Benz. (2024). Mercedes-Benz Cars & Vans' EBIT from FY 2011 to FY 2023 (in billion euros). Statista. Statista Inc.. Accessed: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/347104/ebit-of-mercedes-benz-cars/
Mercedes-Benz. "Mercedes-benz Cars & Vans' Ebit from Fy 2011 to Fy 2023 (in Billion Euros)." Statista, Statista Inc., 15 Mar 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/347104/ebit-of-mercedes-benz-cars/
Mercedes-Benz, Mercedes-Benz Cars & Vans' EBIT from FY 2011 to FY 2023 (in billion euros) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/347104/ebit-of-mercedes-benz-cars/ (last visited November 13, 2024)
Mercedes-Benz Cars & Vans' EBIT from FY 2011 to FY 2023 (in billion euros) [Graph], Mercedes-Benz, March 15, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/347104/ebit-of-mercedes-benz-cars/
