BMW's revenue and market capitalization

  •   DEHOUI Lionel

Founded in 1916 and based in Munich, Bavaria, BMW is a German company specialising in car manufacturing. It markets vehicles through its BMW, Mini and Rolls-Royce brands. In 2021, the group recorded strong financial results. Also, in the first quarter of the 2022 financial year, the manufacturer performed well.

Trade BMW shares!
79% of retail CFD accounts lose money. You should consider whether you can afford to take the high risk of losing your money. This is an advert for trading CFDs on eToro
BMW's revenue and market capitalization
Copyright: RoadOver - Flickr

Global review of the group's activity in 2021

In 2021, BMW's business was buoyant after being heavily affected by the Covid-19 health crisis a year earlier. As a result, the Group achieved all-time highs in this year's financial year.

In the twelve months of 2021 as a whole, BMW achieved annual sales of 111.239 billion euros, compared with 98.99 billion euros in 2020. This represents year-on-year growth of 12.4%. The number of vehicles delivered reached 2,521,514 units, compared to 2,325,179 units the previous year, an increase of 8.4%.

Deliveries of electric vehicles are estimated at 328,314 units. They represent 13% of the total number of cars delivered in 2021. In addition, the Munich-based firm set a new record for net profit. It stood at 12.463 billion euros, compared to 3.857 billion euros in 2020. This represents a year-on-year increase of 223.1%.

The group's EBIT amounted to EUR 13.4 billion, compared to EUR 4.8 billion a year earlier. 4.8 billion a year earlier, an increase of 177.4% year-on-year.

2.16 billion in 2020, an increase of 356.5%. The operating margin was 10.3%, at the top end of the company's forecast range.

 

Review of the group's activity in the first quarter of 2022

After a historic year in 2021, the German car manufacturer BMW has started the year 2022 with a very good momentum. The results unveiled by the group in the first quarter (Q1) were solid, in general. The only downside of this quarter is the drop in vehicle deliveries.

In fact, between January and March 2022, the Munich-based manufacturer delivered 596,907 cars, compared to 636,606 units sold a year earlier. This represents a fall of 6.2% compared to the same period the previous year. As a reminder, a year earlier, the group had recorded its best ever performance for a first quarter.

In the first three months of 2022, BMW achieved sales of 31.142 billion euros, compared to 26.778 billion euros in Q1-2021. It reported a year-on-year increase of 16.3%. This remarkable increase was helped by the full consolidation of BBA.

For Q1-2022, the Munich-based group recorded a profit before tax (EBT) of €12.227 billion, compared to €3.757 billion (one year earlier) in the same period. This result is therefore 225.4% higher than in the first quarter of 2021.

The EBT margin increased to 39.3% in Q1 2022 from 14.0% in the same period a year earlier. For the first quarter of 2022 as a whole, the carmaker earned a net profit of 10.185 billion euros, compared to 2.833 billion euros in Q1-2021.

This represents a year-on-year increase of 259.5%. The profit before financial result (EBIT) was EUR 2.367 billion in Q1-2022. A year earlier, it had been EUR 2.236 billion. 2.236 billion a year earlier. It is 5.9% higher than in the first quarter of 2021.

 

Details of vehicle sales by geographical area in Q1 2022

In the first three months of 2022, the BMW Group saw its sales fall almost everywhere in the world, except for the American continent. This is noted in a difficult context marked in part by the aftermath of the Covid-19 pandemic. This drop in sales also comes after difficulties in the supply of electronic components.

Also, the war in Ukraine explains this drop in vehicle sales in Q1-2022. In China, the German car manufacturer delivered a total of 208,507 cars, down by 9.2%. However, this performance is considered encouraging, given the overall context.

In this market, the group recorded a 207.9% increase in sales of 100% electric vehicles. This was helped by the arrival of the iX3, i4 and iX models. On the European continent, deliveries reached 220,076 units in Q1-2022. They fell by 7.8%.

In the group's domestic market, the drop in sales was 9.4 %. In the Americas, the Munich-based carmaker sold a total of 98,718 vehicles in the first quarter of 2022, an increase of 2.9%.

Of this total, the US recorded a growth of 3.7 percent with 80,590 cars delivered.

 

About BMW's dividend and market capitalisation

BMW is one of the automotive giants that pays a coupon to its shareholders at the end of each financial year. For the year 2021, the Board of Directors has decided to submit a dividend of 5.80 euros per share for approval.

This is significantly higher than the dividend of 3.80 euros per share distributed for the financial year 2020. The ex-dividend date for the 2021 financial year was 12 May 2022. The payment took place on 16 May 2022.

In addition, the company has a strong presence on the stock markets. It is listed on the Frankfurt stock exchange. Therefore, the BMW share is very popular with investors and traders. The company is also included in the European Stoxx 600 index. As of May 2022, its market capitalisation is estimated at more than 50 billion euros.

Trade BMW shares!

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail CFD accounts lose money. You should consider whether you can afford to take the high risk of losing your money.

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.

Cryptoasset investing is unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.