Daimler Truck has reported solid financial performance for FY2025, highlighting strong year-end cash flow and rising order momentum despite a challenging global market environment. The company now enters 2026 positioned for operational improvement, supported by higher production volumes, efficiency initiatives, and stronger demand across key markets.

The commercial vehicle giant reported adjusted Group EBIT of €3,778 million in 2025, compared to €4,667 million in 2024. Despite the decline, Daimler Truck maintained stable profitability across multiple business units while navigating tariff headwinds and market slowdowns in certain regions.

STRONG PERFORMANCE ACROSS KEY BUSINESS SEGMENTS

The company’s Industrial Business revenue reached €45.9 billion in 2025, slightly lower than €50.7 billion in 2024, while the adjusted return on sales stood at 7.8%, compared to 8.9% the previous year. Free cash flow from the industrial business totaled €1,824 million, down from €3,152 million in 2024, but still reflecting strong financial discipline.

In North America, Daimler Truck maintained its market-leading position, delivering solid results despite weaker market demand and ongoing tariff pressures. The company’s truck operations under the Mercedes-Benz Trucks brand continued to demonstrate strong profitability, reinforcing its leadership in the global heavy-duty truck segment.

Meanwhile, Daimler Buses achieved a double-digit operating margin for the first time, marking a significant milestone for the division. The Trucks Asia segment also recorded robust performance, supported by improved demand and strong operational efficiency.

The company’s Financial Services division reported improved return on equity, reflecting the growing importance of financial solutions within the commercial vehicle ecosystem.

EARNINGS AND DIVIDEND ANNOUNCEMENT

For the financial year 2025, Daimler Truck reported earnings per share (EPS) of €2.56, compared with €3.64 in 2024. Despite the decrease, the company has proposed maintaining a dividend of €1.90 per share, unchanged from the previous year.

This decision reflects the company’s continued focus on delivering value to shareholders while investing in operational improvements and future growth strategies.

POSITIVE OUTLOOK FOR 2026

Looking ahead, Daimler Truck expects operational improvements in 2026, driven by higher production volumes and improved cost efficiency. These gains are expected to partially offset the impact of increasing tariff pressures and global economic uncertainties.

The company forecasts an adjusted return on sales between 6% and 8% for its industrial business in 2026. Additionally, free cash flow is expected to reach between €2.7 billion and €3.2 billion, including a projected cash inflow from the planned Fuso–Hino integration.

Daimler Truck’s leadership believes that strengthening operational efficiency and expanding global demand for commercial vehicles will support sustainable growth in the coming years.

With strong order momentum and strategic improvements across its divisions, the company remains confident about enhancing profitability and maintaining its leadership in the global commercial vehicle industry.