1. France Stocks

  2. •

    Consumer durables

  3. •

    Automotive aftermarket
Cie Generale des Etablissements Michelin SA

Cie Generale des Etablissements Michelin SA

31.32
EUR
+0.42
(+1.36%)
22.86BMarket Cap
Feb 11Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
27.48
26.33
28.69
28.93
30.52
30.77
33.61
28.7
33.35
40.08
39.59
38.13
36.87
- -
Basic EPS, GAAP
1.53
1.39
1.58
2.32
2.36
2.34
2.44
0.89
2.58
2.8
2.77
2.64
2.36
- -
Free Cash Flow per Basic Share
1.51
0.86
1.21
1.32
1.35
1.62
2.12
3.01
1.68
-0.29
4.26
3.02
2.63
- -
Dividend per Share
0.26
0.62
0.63
0.71
0.81
0.89
0.93
0.5
0.57
1.13
1.25
1.35
1.38
- -
Book Value per Share
12.45
12.8
13.04
14.72
15.63
16.9
18.51
17.71
20.97
23.96
25.11
26.39
26.28
25.84
Tangible Book Value per Share
11.32
10.86
11.08
12.5
13.02
10.82
11.98
11.94
15.23
18.03
18.43
19.38
19.59
18.22
Basic Weighted Avg Shares
737
743
739
723
720
716
718
713
714
713
716
713
705
694
Sales/Revenue/Turnover
20,247
19,553
21,199
20,907
21,960
22,028
24,135
20,469
23,795
28,590
28,343
27,193
25,992
- -
Operating Margin (%)
10.97
10.27
12.26
14.35
12.52
12.41
12.48
8.53
12.52
10.95
12.16
11.72
10.1
- -
Depreciation Expense
1,051
1,116
1,357
1,392
1,345
1,383
1,845
1,840
1,812
1,944
2,008
2,085
2,036
- -
Net Income, GAAP
1,127
1,031
1,168
1,676
1,700
1,677
1,751
632
1,844
2,001
1,983
1,884
1,665
- -
Effective Tax Rate (%)
33.78
37.55
37.77
32.35
28.08
25.56
22.63
36.16
25.33
24.36
20.36
22.7
26.31
- -
Profit Margin (%)
5.57
5.27
5.51
8.02
7.74
7.61
7.26
3.09
7.75
7
7
6.93
6.41
- -
Working Capital
4,473
4,176
4,739
4,434
4,900
4,670
4,050
5,946
6,066
6,036
5,925
6,629
6,768
5,809
LT Debt
1,440
1,548
2,341
1,673
2,215
5,221
5,750
6,903
6,008
5,381
5,406
5,769
5,754
5,667
Total Equity
9,256
9,518
9,542
10,646
11,261
12,181
13,229
12,631
14,971
17,116
17,958
18,634
18,076
17,514
Return on Invested Capital (%)
10.82
10.33
10.99
14.05
13.24
11.44
10.58
4.21
9.14
9.39
8.43
7.86
6.67
- -
Return on Capital (%)
11.24
10.36
11.48
14.74
13.85
11.73
10.75
3.97
9.24
9.55
9.42
8.39
7.6
- -
Return on Common Equity (%)
12.68
10.99
12.3
16.69
15.58
14.34
13.8
4.89
13.36
12.47
11.31
10.3
9.07
- -

Capital Structure

EUR

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
1,822
854
2,227
LT Borrowings
4,889
5,028
4,965
LT Finance Leases
786
726
702
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
706
688
678
Market Capitalization
22,415
19,404
22,864

Working Capital

EUR

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
14,775
14,271
14,738
Cash, Cash Equivalents & STI
3,521
3,972
3,211
Accounts Receivable, Net
4,025
3,459
4,044
Inventories
5,613
5,093
5,619
Total Current Liabilities
8,192
7,503
8,929
Payables & Accruals
- -
- -
- -
ST Debt
1,822
854
2,227
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.82%
7.71%
-2.99%
Free Cash Flow
-165.75%
-351.57%
-14.07%
Net Income, GAAP
16.68%
36.55%
-11.62%
Sales/Revenue/Turnover
2.54%
5.41%
-4.42%
Total Cash Common Dividend
12.27%
26.17%
1.35%

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
27,193
2025
- -
- -
25,992
2026
- -
- -
- -

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
2.64
2025
- -
- -
2.36
2026
- -
- -
- -

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1.35
2025
- -
- -
1.38
2026
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Florent Menegaux
Full Time Employees
122,586
Sector
Consumer durables
Industry
Automotive aftermarket
Address
23, Place Des Carmes Dechaux Clermont-Ferrand AR France 63000
IPO Date
Jan 7, 1985
Website
michelin.com
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Business
Compagnie Générale des Établissements Michelin Société en commandite par actions (ML.PA) manufactures and sells tires worldwide; offers tire-related services, connected fleet solutions, mobility services including road maps and travel guides, lifestyle products such as licensed accessories and Michelin Guides, and expertise in polymer composite solutions; and operates through three main segments comprising Automotive tires and related distribution (passenger car, light truck, two-wheel), Road transportation tires and related distribution (truck, bus, connected solutions), and Specialty businesses (mining, aircraft, agriculture, construction, conveyor belts, high-tech materials). The company produces premium tire categories including fuel-efficient, run-flat, winter, summer, all-season, sports performance, luxury performance, long-life, and EverGrip self-regenerating tread tires under brands such as Michelin, BFGoodrich, Kleber, Taurus, and Uniroyal; provides tire service centers via Euromaster and Tyre Master networks; and licenses sporting, leisure, and collectible products. Founded in 1863 and headquartered in Clermont-Ferrand, France, Michelin conducts global operations across Europe, North America, Asia-Pacific, Latin America, and emerging markets in Africa, serving original equipment manufacturers, replacement markets, commercial fleets, mining, aviation, and consumer segments. Michelin pursues its "Michelin in Motion" strategy with a focus on sustainable mobility, composites, and non-tire growth targeting over 20% of revenue by 2030; completed acquisitions worth €1 billion from 2021-2023 and ongoing M&A totaling around €1.5 billion since 2021 in polymer composites and connected solutions; launched its first made-in-India premium passenger car tires from the Chennai plant in 2025 following a €76 million investment; expanded Nova Scotia facilities with $300 million in 2023 for electric vehicle tire production, creating 70 jobs by 2025; rolled out an offensive product plan renewing MICHELIN Primacy and CrossClimate ranges; and adjusted 2025 guidance in October 2025 to Segment Operating Income of €2.6-3.0 billion and free cash flow before M&A of €1.5-1.8 billion amid market contractions, while confirming €5.5 billion cumulative free cash flow ambition for 2024-2026.

Company News

Company News APIChatGPT

  • seekingalpha.com

    Compagnie Générale des Établissements Michelin Société en commandite par actions (MGDDY) Q3 2026 Sales/Trading Call Transcript

  • wsj.com

    Michelin Shares Drop on Weaker Volumes

  • defenseworld.net

    Michelin (OTCMKTS:MGDDY) Stock Short Interest Report for September

  • defenseworld.net

    Compagnie Générale des Établissements Michelin Société en commandite par actions (OTCMKTS:MGDDF) Shares Cross Below 50-Day Moving Average – Here’s What Happened

  • globenewswire.com

    Michelin: Commitment and value sharing: Michelin launches a new global employee share ownership plan “BIB'Action 2026”

  • defenseworld.net

    Contrasting Schaeffler (OTCMKTS:SCFLF) & Compagnie Générale des Établissements Michelin Société en commandite par actions (OTCMKTS:MGDDF)

  • seekingalpha.com

    Compagnie Générale des Établissements Michelin Société en commandite par actions (MGDDY) Q2 2026 Earnings Call Transcript

  • globenewswire.com

    Michelin: Disclosure of trading in own shares - June 25th, 2025

  • globenewswire.com

    Michelin: Disclosure of trading in own shares - June 18th, 2026

  • globenewswire.com

    Michelin: Disclosure of trading in own shares - June 11th, 2026

  • globenewswire.com

    Michelin: Disclosure of trading in own shares - June 4th, 2026

  • seekingalpha.com

    Compagnie Générale des Établissements Michelin Société en commandite par actions (MGDDY) Shareholder/Analyst Call Transcript

  • globenewswire.com

    Michelin: Disclosure of trading in own shares - May 14th, 2026

  • globenewswire.com

    Michelin: Disclosure of trading in own shares - May 7th, 2026

  • globenewswire.com

    Michelin: Disclosure of trading in own shares - April 30th, 2026

  • seekingalpha.com

    Compagnie Générale des Établissements Michelin Société en commandite par actions (MGDDY) Q1 2026 Sales/Trading Call Transcript

  • globenewswire.com

    Michelin: Disclosure of trading in own shares - April 23rd, 2026

  • globenewswire.com

    Michelin: Disclosure of trading in own shares - April 16th, 2026

  • globenewswire.com

    Michelin: Disclosure of trading in own shares - April 10th, 2026

  • globenewswire.com

    Michelin: Disclosure of trading in own shares - April 2nd, 2026