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Michelin financials data including stock price, CreditSafe score, income statement, balance sheet, cash flow, and acquistions and subsidiaries.
Stock Price
€31.3
2024-10-29
Market Capitalization
€22.4 B
2024-10-29
Revenue
€27.2 B
FY, 2024
CreditSafe Score
?
Score changed on Jul 17, 2025
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Learn moreFinancial Statements
| EUR | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 |
|---|---|---|---|---|---|
| Revenue | 20.5B | 23.8B | 28.6B | 28.3B | 27.2B |
| Revenue growth, % | -15.2% | ||||
| Cost of goods sold | 14.8B | 16.8B | 19.1B | 18.5B | 17.5B |
| Gross profit | 5.7B | 7.0B | 9.5B | 9.9B | 9.7B |
| Gross profit margin, % | 27.9% | 29.4% | 33.2% | 34.8% | 35.8% |
| General and administrative expense | 1.9B | 2.1B | |||
| Operating expense total | 3.8B | 4.0B | 4.4B | 4.9B | 4.9B |
| Depreciation and amortization | 2.1B | 2.3B | 2.3B | ||
| EBITDA | 5.0B | 5.1B | 4.8B | ||
| EBITDA margin, % | 17.5% | 17.8% | 17.8% | ||
| EBIT | 1.4B | 2.8B | 3.0B | 2.8B | 2.6B |
| EBIT margin, % | 6.9% | 11.7% | 10.4% | 9.8% | 9.5% |
| Interest income | 11.0M | 12.0M | 130.0M | 141.0M | |
| Interest expense | 237.0M | 206.0M | 356.0M | 393.0M | 312.0M |
| Pre tax profit | 979.0M | 2.5B | 2.7B | 2.5B | 2.4B |
| Income tax expense | 354.0M | 626.0M | 647.0M | 507.0M | 555.0M |
| Net Income | 625.0M | 1.8B | 2.0B | 2.0B | 1.9B |
Acquisitions & Subsidiaries
| Company name | Date | Deal size |
|---|---|---|
| Lorem | Dec 23, 2021 | $40.0M |
| Ipsum | Jan 18, 2022 | $30.0M |
| Lorem Ipsum | Feb 18, 2022 | $25.0M |
| Dolor | Oct 21, 2021 | $60.0M |
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