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Annual Revenue ($)

Michelin revenue was €23.8 b in FY, 2021 which is a (16.2%) year over year increase from the previous period.

FY, 2019FY, 2020FY, 2021
Revenue$24.14 b$20.47 b€23.8 b

Annual Growth Rate (%)

Revenue Breakdown

Business Segment

Geographic Segment

Michelin revenue breakdown by business segment: 49.4% from Automotive & related distribution, 26.2% from Road transportation & related distribution and 24.4% from Specialty businesses & related distribution

Michelin revenue breakdown by geographic segment: 37.3% from Europe, 34.7% from North America and 28.0% from Other

FY, 2019FY, 2020
Automotive & related distribution€11.85 b€10.1 b
Road transportation & related distribution€6.45 b€5.37 b
Specialty businesses & related distribution€5.84 b€4.99 b
FY, 2019FY, 2020
Europe€8.85 b€7.64 b
North America€8.9 b€7.1 b
Other€6.39 b€5.73 b

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