Michelin revenue increased from €22 billion in 2018 to €24.1 billion in 2019, a (9.6%) increase.
Annual Revenue (€)
Michelin revenue was €24.14 b in FY, 2019 which is a (9.6%) year over year increase from the previous period.
Annual Growth Rate (%)
Revenue Breakdown
Business Segment
Geographic Segment
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
| FY, 2019 | FY, 2018 | FY, 2017 | |
|---|---|---|---|
| Truck Tires and Related Distribution | €6.12 b | ||
| Specialty Businesses | €3.36 b | ||
| Passenger Car and Light Truck Tires | €12.48 b | ||
| Automotive & related distribution | €11.85 b | €11.34 b | |
| Specialty businesses & related distribution | €5.84 b | €4.84 b | |
| Road transportation & related distribution | €6.45 b | €5.85 b |
| FY, 2019 | FY, 2018 | FY, 2017 | |
|---|---|---|---|
| Europe | €8.85 b | €8.57 b | €8.32 b |
| North America | €8.9 b | €7.82 b | €8.06 b |
| Other | €6.39 b | €5.63 b | €5.59 b |
Need Data?
Craft can deliver 250+ data points of financial, operating, and human capital indicators on companies via API.