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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.

FY, 2017FY, 2018FY, 2019
Revenue€21.96 b€22.03 b€24.14 b
Growth0.31%9.57%

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, 2019FY, 2018FY, 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, 2019FY, 2018FY, 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

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