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 Pilot Sport All-Season 4 Launches 44 New Sizes
- Robert Parker wine advocate announces launch of organic and biodynamic wine search filters and the Robert Parker green emblem: recognizing extraordinary sustainable efforts in wine production
- New Michelin x® multi grip™ truck tires built to perform in extreme winter conditions
- New Michelin x AGVEV tire – the first tire specifically designed for automatic guided vehicles operating in ports
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
Senior Vice President, Director of Research & Development Programs
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 21 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
Shanghai, CN
Block 7, No. 518, Fuquan North Road, Changning District
Shenyang, CN
Yuhong District
Torre, CO
Carrera 45 # 108-27 - Torre 1 - Oficina 1001
Michelin Financials and Metrics
Michelin Revenue
Michelin's revenue was reported to be €20.47 b in FY, 2020 which is a 15.2% decrease from the previous period.
| EUR | |
|---|---|
Revenue (H1, 2021) | 11.2b |
Gross profit (H1, 2021) | 3.4b |
Gross profit margin (H1, 2021), % | 30.2% |
Net income (H1, 2021) | 1.0b |
EBIT (H1, 2021) | 1.4b |
Market capitalization (3-Aug-2021) | 24.8b |
Closing stock price (3-Aug-2021) | 139.0 |
Cash (30-Jun-2021) | 3.8b |
EV | 29.0b |
Michelin's current market capitalization is €24.8 b.
Annual
| EUR | FY, 2018 |
|---|---|
Revenue/Employee | 198.3k |
Debt/Equity | 0.5 x |
Debt/Assets | 0.2 x |
Financial Leverage | 2.4 x |
Michelin Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| NexTraq | September 02, 2020 | |
| Tablet Inc. | November 19, 2019 | |
| Masternaut | May 22, 2019 | $480 m |
| Multistrada | March 06, 2019 | |
| PT Multistrada Arah Sarana | January 22, 2019 | |
| Camso | December 18, 2018 | €1.17 b |
| Lehigh Technologies | July 13, 2018 | |
| Fenner | May 31, 2018 | |
| Tructyre Fleet Management | January 15, 2018 | |
| PTG Reifendruckregelsysteme GmbH | November 14, 2017 |
Michelin Revenue Breakdown
Michelin revenue breakdown by business segment: 24.4% from Specialty businesses & related distribution, 26.2% from Road transportation & related distribution and 49.4% from Automotive & related distribution
Michelin revenue breakdown by geographic segment: 34.7% from North America, 37.3% from Europe and 28.0% from Other
Michelin Cybersecurity Score
Michelin Environment, Social & Governance (ESG) Ratings
Michelin Online and Social Media Presence
68.82k Twitter followers
Michelin has 68.82k Twitter Followers. The number of followers has increased 0.2% month over month and decreased 0.2% quarter over quarter
Michelin's Trends
Twitter Engagement Stats for @Michelin
4.1k
Tweets
429
Following
68.8k
Followers
34
Tweets last 30 days
7.2
Avg. likes per Tweet
79.4%
Tweets with engagement
Michelin Company Culture
Overall Culture
A+
94/100
CEO Rating
A+
90/100
Compensation
A+
100/100
Michelin News and Updates
July 01, 2021
Michelin Pilot Sport All-Season 4 Launches 44 New Sizes
GREENVILLE, S.C., July 1, 2021 /PRNewswire/ -- An additional 44 sizes of the MICHELIN® Pilot® Sport All-Season 4 are now available, opening the door for more high-performance and luxury vehicle drivers to experience the category-defying tire. Since launching last year, the Pilot Sport...
June 30, 2021
Robert Parker wine advocate announces launch of organic and biodynamic wine search filters and the Robert Parker green emblem: recognizing extraordinary sustainable efforts in wine production
Today, Robert Parker Wine Advocate unveils two brand new search filter capabilities on the RobertParker.com website: the ability to search for wines that are certified organic and/or certified biodynamic. Adding to these new search functions is the Robert Parker Green Emblem – a recognition given to…
June 30, 2021
New Michelin x® multi grip™ truck tires built to perform in extreme winter conditions
As from next July 1, Michelin will market its new range of winter tires for trucks: MICHELIN X® MULTI GRIP™. These tires, which deliver even better performance than their predecessors(1), were designed to ensure maximum safety and mobility in extreme winter conditions thanks to their outstanding gri…
June 23, 2021
New Michelin x AGVEV tire – the first tire specifically designed for automatic guided vehicles operating in ports
The MICHELIN X AGVEV, means that port operators now have access to a tire engineered to meet their AGV requirements in terms of performance, reliability, productivity, and safety. It is also the first time a port tire has been ‘EV’ marked, indicating that it contributes to reducing machine emissions…
June 21, 2021
Michelin starred Pied à Terre stops lunch due to 'Brexit and C
In another sign of the post-Covid recruitment crisis, one of London’s oldest Michelin-starred restaurants has closed its lunch service until
The post Michelin starred Pied à Terre in Fitzrovia stops lunch due to 'Brexit and Covid' appeared first on CityAM.
June 17, 2021
Kristal.Aero and Michelin launch Kristal.Air, a mobile app that rethinks the light aircraft flying experience
At France AIR EXPO in Lyon, France, KRISTAL.aero and Michelin unveiled the innovative KRISTAL.air mobile app, dedicated to everyone who flies light aircraft for fun, sports or travel. Designed for the entire community of flying enthusiasts, it can be used by pilots, flight instructors and flying clu…
Michelin Blogs
July 26, 2021
Press Release – 2021 First-half financial report availability
Michelin Group announced today that the 2021 half-year financial report is now available and has been filed with the French Autorité des Marchés Financiers (AMF). The report and the first-half 2021 financial results presentation are available on (https://www.michelin.com/en), in the "Finance / Re…
July 26, 2021
2021/07/26 5:45pm Financial information for the six months ended June 30, 2021
First-half 2021: The Michelin Group reports sales of €11.2 billion – up 19.6% – and segment operating income of €1.4 billion, representing 12.7% of sales. The Group raises its full-year guidance. In an environment shaped by an enduring health crisis, the robust market recovery was tempered by m…
July 15, 2021
First Half 2021 Results Publication
The press release will be published on July 26, 2021 at 5:45pm CET. The Analyst/Investor conference call will be held on July 26, 2021 at 6:30pm CET and will be broadcast on the website. 07/15/2021 | PDF - 682.18 Ko First Half 2021 Results – Conference call invitation
L’article First Half 2021 Resu…
July 02, 2021
Michelin EWS Loudenvielle and the 2021 Pyrenees Bike Festival Presented by Michelin
Michelin is pleased to announce that it will be the title sponsor of the 5th and 6th rounds of the Enduro World Series (EWS) races at Loudenvielle, France taking place between 1 and 5 September
L’article Michelin EWS Loudenvielle and the 2021 Pyrenees Bike Festival Presented by Michelin est apparu e…
July 02, 2021
Our commitment to sustainable natural rubber production in Indonesia
For many years, in co-operation with NGOs and other partners, the Group has been taking actions to shift the natural rubber industry towards more sustainable practices, to lower its global environmental footprint as well as preserve priority ecosystems.
L’article Our commitment to sustainable natur…
June 30, 2021
New MICHELIN X® MULTI GRIP™ truck tires built to perform in extreme winter conditions
Combines grip, safety in extreme winter conditions and on wet roads with increased mileage, and contributes to more sustainable transport
L’article New MICHELIN X® MULTI GRIP™ truck tires built to perform in extreme winter conditions est apparu en premier sur Michelin.
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 117,454 employees.
What is Michelin revenue?
Latest Michelin annual revenue is €20.5 b.
What is Michelin revenue per employee?
Latest Michelin revenue per employee is €174.3 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 21 other locations.
How many offices does Michelin have?
Michelin has 25 offices.
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