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 |
Recent NewsAll News
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 (15-Sept-2020) | 17.0b |
Closing stock price (15-Sept-2020) | 95.1 |
Cash (30-Jun-2020) | 2.8b |
EV | 23.0b |
Michelin's current market capitalization is €17 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 Cybersecurity Score
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 Online and Social Media Presence
68.9k Twitter followers
Michelin has 68.9k Twitter Followers. The number of followers has increased 0.3% month over month
Michelin's Trends
Twitter Engagement Stats for @Michelin
3.7k
Tweets
402
Following
68.9k
Followers
41
Tweets last 30 days
9
Avg. likes per Tweet
80.5%
Tweets with engagement
Michelin News and Updates
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,...
September 06, 2020
Acura Sweeps Michelin Raceway Road Atlanta
BRASELTON, Ga., Sept. 6, 2020 /PRNewswire/ -- Acura swept the six-hour TireRack.com Grand Prix at Michelin Raceway Road Atlanta today, as Helio Castroneves and Ricky Taylor piloted their Acura ARX-05 prototype to the overall honors, while the trio of Mario Farnbacher, Matt McMurry and...
September 03, 2020
Michelin North America Obtains Permanent Injunction Against Former Employee Michael Dotson
GREENVILLE, S.C., Sept. 3, 2020 /PRNewswire/ -- Michelin North America, Inc., has agreed to settle lawsuits against Carlstar Group, LLC and former Michelin employee Michael Dotson. The Federal Court in Greenville has permanently enjoined Dotson from using or revealing any Michelin trade...
August 25, 2020
Industrial Tire (IC) Market Sets the Table for Continued Growth | Bridgestone, Michelin, Goodyear, Continental
Stay up-to-date with Industrial Tire (IC) Market research offered by HTF MI. Check how key trends and emerging drivers are shaping this industry growth. Posted via Industry Today. Follow us on Twitter @IndustryToday
August 22, 2020
Farm Tire Market to See Phenomena Growth by 2020-2026 | Bridgestone, Michelin, Goodyear Tire
A new research document is added in HTF MI database of 116 pages, titled as 'Global Farm Tire Market Report 2020‘with detailed analysis, Competitive landscape, forecast, size, status, strategies and opportunity to 2026. Posted via Industry Today. Follow us on Twitter @IndustryToday
August 14, 2020
Farm Tractor Tires Market to See Huge Growth by 2025 | Michelin, Balkrishna, Continental
Stay up to date with Farm Tractor Tires Market research offered by HTF MI. Check how key trends and emerging drivers are shaping this industry growth. Posted via Industry Today. Follow us on Twitter @IndustryToday
Michelin Blogs
September 08, 2020
Michelin expands its X® MULTI™ truck range
Michelin has extended its range of versatile X® MULTI™ truck tyres, which are particularly suited to medium-distance haulage
L’article Michelin expands its X® MULTI™ truck range est apparu en premier sur Michelin.
September 08, 2020
From yesterday to tomorrow: Michelin and bicycles
Ever since Michelin invented the first detachable tire, bicycles have continued to grow in popularity. Whether for sport, leisure, or urban mobility, bicycles are now part of our daily lives and Michelin offers tires that are adapted to a variety of uses.
L’article From yesterday to tomorrow: Mich…
September 07, 2020
WRC 2020 – Estonia
MICHELIN’s tires shrug off big demands made by punishing high-speed stages
L’article WRC 2020 – Estonia est apparu en premier sur Michelin.
September 07, 2020
Michelin & Hydrogen : 15 year-commitment
Is hydrogen the energy source of the future? Government policies all over the world are currently reflecting increasing interest in the sector. These ambitions are consistent with the Michelin Group's "Fully Sustainable" vision, which includes the company’s efforts to develop hydrogen over the past …
September 04, 2020
BlackCycle: A major European project for recycling end-of-life tyres into new tyres
Coordinated by the leading global tyre manufacturer Michelin and uniting 7 industrial partners, 5 Research & Technological Organizations (RTOs) and an innovation cluster into a European consortium in 5 countries, the BlackCycle project aims to enable a massive circular economy of tyres by design…
August 24, 2020
MICHELIN Guide Taipei & Taichung 2020: A Bright First Selection in Taichung and Four New Starred Restaurants in Taipei, Including One New 2-Star
Taiwan, August 24 - Michelin today announced its full restaurants selection for the 2020 edition of the MICHELIN Guide Taipei & Taichung. A total of 170 eateries in Taipei and 56 in Taichung were highlighted in the latest annual selection. After the very first edition of the MICHELIN Guide Taipe…
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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