Many people around the world have wondered: What is Mercedes’ net worth? This is one automotive brand that has attracted the interest of users and potential investors alike. In fact, it has a YouTube channel with over 1.6 million subscribers. If you’re one of its enthusiasts, you might be interested in learning about its value.
The company’s net worth is currently $58 billion, ranking it 56th on the list of top companies with a high value. Despite a drop in its worth in previous years, the company has maintained an impressive growth rate. With sales of over 2 million passenger cars, it’s one of the premium automotive brands we have in the industry.
Let’s take a closer look at Mercedes Benz and how much the company is worth.
What is Mercedes?
One look at the car’s logo, and you can tell if it’s from Mercedes Benz or not. The German automotive brand has made a good name by selling automobiles with classy designs and comfortable interiors.
Mercedes Benz is a brand known to have been started by Karl Benz. However, the Mercedes-Benz group combines Karl’s company and Daimler Motoren Gesellschaft.
Both continued to manufacture vehicles individually till they merged formally to become Daimler-Benz AG. Later on, they agreed to carry out all operations under the brand name “Mercedez-Benz.”
From that time to date, the company has developed different car models. It also manufactures buses, trucks, and other automobiles that still appeal to the public. One of the popular brands in the SUV sold more than other of its creations.
Aside from being famous for their car brands, they also created notable German tanks, submarines, and aircraft. They also made parts for German arms in the early days, like the Mauser Kar98k rifles.
What is Mercedes’ Net Worth?
Calculating a company’s net worth is done by subtracting the liabilities from the assets. However, investors also arrive at a different net worth value by multiplying the share price by the number of outstanding shares. Though both results might be different, it’s the best way to tell if a company is growing or not.
Currently, the company’s net worth is about $58 billion. It generates its income from selling high-valued automobiles, including cars, trucks, and buses.
Additionally, it gains a little of its revenue from its YouTube channel, which has over a million subscribers. This net worth places it 56th on the top companies’ net worth list.
With the current value of Mercedes Benz, it’s safe to say that the company is faring well. However, net worth also changes, so expect to see an increase or decrease in its net worth.
Interested in finding out the net worth of other businesses? Check out all of our net worth articles.