Craft

Michelin

Stock Price

€35.1

2024-07-08

Market Capitalization

€25.1 B

2024-07-08

Revenue

€28.3 B

FY, 2023

Michelin Summary

Company Summary

Overview
Michelin (also known as Compagnie Générale des Établissements Michelin, CGEM) is a company engaged in manufacturing, distributing, and selling tires. It offers tires and services for different types of vehicles, including airplanes, automobiles, bicycles and motorcycles, earthmovers, farm equipment, trucks, etc. The company also provides digital mobility support services and publishes travel guides, hotel and restaurant guides, maps, and road atlases.
Type
Public
Status
Active
Founded
1889
HQ
Clermont-Ferrand, FR | view all locations
Website
https://www.michelin.com/en/
Cybersecurity rating
ESG rating
60-79 out of 100|View all ESG data
Sectors

Key People

  • Florent Menegaux

    Florent Menegaux, Chief Executive Officer

  • Yves Chapot

    Yves Chapot, General Manager and Chief Financial Officer

  • Jean-Claude Pats

    Jean-Claude Pats, Chief People Officer

  • Adeline Challon-Kemoun

    Adeline Challon-Kemoun, Executive Vice President Engagement and Brands, Lifestyle

Operating MetricsView all

R&D Facilities (Europe)

2

FY, 2021

Production Facilities

123
5.1%

FY, 2021

Business Lines

19

FY, 2021

LocationsView all

70 locations detected

  • Clermont-Ferrand, Auvergne-Rhône-Alpes HQ

    France

    23 Pl. des Carmes Dechaux

  • Greenville, SC

    United States

    1 Parkway S

  • Buenos Aires, CABA

    Argentina

    Lascano 5130

  • Port Melbourne, Victoria

    Australia

    51 - 57 Fennell Street

  • Wien, Wien

    Austria

    Schönbrunner Str. 222/7th floor

  • Asse, Vlaanderen

    Belgium

    Brusselsesteenweg 494, Bys 1

and 64 others

Michelin Financials

Summary Financials

Revenue (FY, 2023)
€28.3B
Gross profit (FY, 2023)
€9.9B
Net income (FY, 2023)
€2.0B
Cash (FY, 2023)
€2.5B
EBIT (FY, 2023)
€2.8B
Enterprise value
$28.8B

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