Mercedes-Benz Group AG Gross Margin 2010-2024 | MBGYY
- Mercedes-Benz Group AG average gross margin for 2023 was 22.95%, a 1.71% decline from 2022.
- Mercedes-Benz Group AG average gross margin for 2022 was 23.35%, a 11.62% decline from 2021.
- Mercedes-Benz Group AG average gross margin for 2021 was 20.92%, a 32.24% increase from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.