OverviewSuggest Edit
Michelin is a company manufacturing, distributing, and selling tires. It offers tires and services for different types of vehicles, including airplanes, automobiles, bicycles/motorcycles, earthmovers, farm equipment, and trucks. The company also provides digital mobility support services and publishes travel guides, hotel and restaurant guides, maps, and road atlases.
| Type | Public | |
| Founded | 1889 | |
| HQ | Clermont-Ferrand, FR | Map |
| Website | michelin.com | |
| Employee Ratings | More | |
| Overall Culture | A+ | More |
Recent NewsAll News
- Michelin to Cut 2,300 Jobs in France in Shift to New Materials
- Automatic Tire Inflation System Market to 2025 - Aperia Technologies, Continental AG, DANA Limited, Haltec Corporation, Hendrickson USA, Meritor, Michelin, PressureGuard, Stemco Products Inc., Tire Pressure Control
- Analysis of Key Players in the South East Asia Rubber Market: Bridgestone, Michelin, Goodyear, Continental, Sumitomo Rubber Industries, Thai Rubber Latex (Thaitex) and Fenner
- MVT Solutions Produces New Michelin Tire Test Report
Key People/Management at Michelin
Florent Menegaux
President of the Michelin Group and President of the Executive Board of the Michelin Corporate Foundation
Philippe Legrez
Executive Director
Yves Chapot
Managing Partner
Jean-Michel Guillon
Chief Innovation Officer
Terry K. Gettys
R&D Director
Adeline Challon-Kemoun
Executive Vice President, Brands and External Relations, Member of the Group Executive Committee
Michelin Office Locations
Michelin has offices in Clermont-Ferrand, Greenville, Port Melbourne, Laval and in 18 other locations
Clermont-Ferrand, FR (HQ)
23 Place des Carmes Dechaux
Port Melbourne, AU
51 - 57 Fennell Street
Laval, CA
2500 Daniel-Johnson, Suite 500, Laval
Torre, CO
Carrera 45 # 108-27 - Torre 1 - Oficina 1001
Karlsruhe, DE
4 Michelinstraße
Budapest, HU
Váci út 140
Michelin Financials and Metrics
Michelin Revenue
Michelin's revenue was reported to be €24.14 b in FY, 2019 which is a 9.6% increase from the previous period.
| EUR | |
|---|---|
Revenue (H1, 2020) | 9.4b |
Gross profit (H1, 2020) | 2.3b |
Gross profit margin (H1, 2020), % | 24.3% |
Net income (H1, 2020) | (137.0m) |
EBIT (H1, 2020) | 177.0m |
Market capitalization (19-Jan-2021) | 19.2b |
Closing stock price (19-Jan-2021) | 107.6 |
Cash (30-Jun-2020) | 2.8b |
EV | 25.2b |
Michelin's current market capitalization is €19.2 b.
Annual
| EUR | FY, 2017 |
|---|---|
EV/EBIT | 8.9 x |
EV/CFO | 8.6 x |
Revenue/Employee | 203.7k |
Debt/Equity | 0.3 x |
Debt/Assets | 0.1 x |
Financial Leverage | 2.2 x |
P/E Ratio | 13.4 |
Michelin Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| NexTraq | September 02, 2020 | |
| Masternaut | May 22, 2019 | $480 m |
| Multistrada | March 06, 2019 | |
| Camso | December 18, 2018 | €1.17 b |
| Lehigh Technologies | July 13, 2018 | |
| Fenner | May 31, 2018 | |
| Sascar | June 09, 2014 | €91 m |
| Camso Inc. | ||
| Camso International S.à r.l. | ||
| Camso Vietnam Co., Ltd |
Michelin Revenue Breakdown
Michelin revenue breakdown by business segment: 49.1% from Automotive & related distribution, 24.2% from Specialty businesses & related distribution and 26.7% from Road transportation & related distribution
Michelin revenue breakdown by geographic segment: 36.9% from North America, 36.7% from Europe and 26.5% from Other
Michelin Cybersecurity Score
Michelin Environment, Social & Governance (ESG) Ratings
Michelin Online and Social Media Presence
68.91k Twitter followers
Michelin has 68.91k Twitter Followers. The number of followers has decreased 0.3% month over month and decreased 0.3% quarter over quarter
Michelin's Trends
Twitter Engagement Stats for @Michelin
3.8k
Tweets
408
Following
68.9k
Followers
17
Tweets last 30 days
8.5
Avg. likes per Tweet
58.8%
Tweets with engagement
Michelin Company Culture
Overall Culture
A+
86/100
CEO Rating
A+
89/100
Compensation
A+
92/100
Michelin News and Updates
January 06, 2021
Michelin to Cut 2,300 Jobs in France in Shift to New Materials
Michelin to Cut 2,300 Jobs in France in Shift to New Materials
November 20, 2020
Automatic Tire Inflation System Market to 2025 - Aperia Technologies, Continental AG, DANA Limited, Haltec Corporation, Hendrickson USA, Meritor, Michelin, PressureGuard, Stemco Products Inc., Tire Pressure Control
Automatic Tire Inflation System Market to 2025 - Global Analysis and Forecasts by Vehicle Type (Utility Vehicles, Tractors, and Heavy Duty Vehicles); & Distribution Channel (OEM, and Aftermarket) Posted via Industry Today. Follow us on Twitter @IndustryToday
November 19, 2020
Analysis of Key Players in the South East Asia Rubber Market: Bridgestone, Michelin, Goodyear, Continental, Sumitomo Rubber Industries, Thai Rubber Latex (Thaitex) and Fenner
DUBLIN, Nov. 19, 2020 /PRNewswire/ -- The "Assessment of the South East Asia Rubber Market 2019" report has been added to ResearchAndMarkets.com's offering. The rubber industry includes natural rubber which is obtained from the latex of various plants and synthetic rubber which is a...
October 15, 2020
MVT Solutions Produces New Michelin Tire Test Report
MICHELIN® X One® tires prove to be more fuel efficient than a leading competitor's wide base single tire
October 02, 2020
Burger King launched a petition to get a Michelin star for its new burger
Summary List PlacementBurger King Belgium thinks that its new Master Angus burger deserves a Michelin star – and has launched a Change.org petition to get one.
"We know very well that 'Burger King' and 'Michelin star restaurant' don't mix," Burger King Belgium CEO Kevin Derycke wrote on the petitio…
September 07, 2020
Acura barre en el Michelin Raceway Road Atlanta
BRASELTON, Georgia, 7 de septiembre de 2020 /PRNewswire-HISPANIC PR WIRE/ -- Acura barrió hoy en el TireRack.com Grand Prix de seis horas en Michelin Raceway Road Atlanta, cuando Helio Castroneves y Ricky Taylor pilotaron su prototipo Acura ARX-05 para ganar los honores generales,...
Michelin Blogs
January 22, 2021
Air France chooses Michelin as its exclusive tire supplier
Air France and Michelin are extending their historic partnership to develop services and solutions for a more sustainable aviation industry
L’article Air France chooses Michelin as its exclusive tire supplier est apparu en premier sur Michelin.
January 15, 2021
MICHELIN GUIDES: Sustainable gastronomy takes the spotlight
Michelin's "All Sustainable" strategy is also playing out through sustainable gastronomy. Launched only a year ago, MICHELIN's Green Star is already featuring in a number of the MICHELIN Guide's international editions.
L’article MICHELIN GUIDES: Sustainable gastronomy takes the spotlight est appar…
January 06, 2021
Michelin launches a simplification and competitiveness project to support the evolution of its activities in France
Michelin is going to launch a reinforced simplification and competitiveness plan to significantly improve the agility and overall performance of its manufacturing and corporate and administrative operations in France. The plan is part of a broad co-construction and social dialogue approach and will…
January 05, 2021
MICHELIN Guide France will present its new selection live from the Eiffel Tower
The MICHELIN Guide keeps its annual date with fine food lovers everywhere; ceremony details to be confirmed based on the health situation
L’article MICHELIN Guide France will present its new selection live from the Eiffel Tower est apparu en premier sur Michelin.
December 22, 2020
The MICHELIN Guide drops its luggage in Moscow
The MICHELIN Guide has announced its arrival in Moscow and will unveil its first selection in 2021. The Guide's inspectors have been impressed by the variety of Russia's culinary heritage and the commitment of its chefs to offering authentic cuisine built around exceptional local products.
L’articl…
December 18, 2020
Michelin, a contributor to the United Nations Road Safety Fund
Michelin supports the United Nations Road Safety Fund (UNRSF*), created in 2018. In the newsletter published today by the UNRSF, Florent Menegaux discusses the challenges of safer mobility around the world.
L’article Michelin, a contributor to the United Nations Road Safety Fund est apparu en premi…
Michelin Frequently Asked Questions
When was Michelin founded?
Michelin was founded in 1889.
Who are Michelin key executives?
Michelin's key executives are Florent Menegaux, Philippe Legrez and Yves Chapot.
How many employees does Michelin have?
Michelin has 121,300 employees.
What is Michelin revenue?
Latest Michelin annual revenue is €24.1 b.
What is Michelin revenue per employee?
Latest Michelin revenue per employee is €199 k.
Who are Michelin competitors?
Competitors of Michelin include Dorman Products, Goodyear and Bridgestone.
Where is Michelin headquarters?
Michelin headquarters is located at 23 Place des Carmes Dechaux, Clermont-Ferrand.
Where are Michelin offices?
Michelin has offices in Clermont-Ferrand, Greenville, Port Melbourne, Laval and in 18 other locations.
How many offices does Michelin have?
Michelin has 22 offices.
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