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US English
34.45
1.15%
Market Trading Hours* (UTC) Opens on Wednesday at 07:00

Mon - Fri: 07:00 - 15:30

  • Summary
  • Historical Data
  • Events
  • Income Statement
  • Balance Sheet
  • Cash Flow
Trading сonditions
Spread 0.25
Long position overnight fee

Long position overnight fee


Margin. Your investment $1,000.00
Overnight fee -0.022099 %
Charges from full value of position ($-4.20)
Trade size with leverage ~ $20,000.00
Money from leverage ~ $19,000.00

Go to platform
-0.022099%
Short position overnight fee

Short position overnight fee


Margin. Your investment $1,000.00
Overnight fee -0.000123 %
Charges from full value of position ($-0.02)
Trade size with leverage ~ $20,000.00
Money from leverage ~ $19,000.00

Go to platform
-0.000123%
Overnight fee time 21:00 (UTC)
Min traded quantity 1
Currency EUR
Margin 5%
Stock exchange France
Commission on trade 0%

*Information provided by Capital.com

Compagnie Generale des Etablissements Michelin SCA ESG Risk Ratings

High Medium Low Negligible

‘A’ score indicates excellent relative ESG performance and high degree of transparency in reporting material ESG data publicly

More ESG coverage

Key Stats
Prev. Close* 34.85
Open* 34.25
1-Year Change* 17.09%
Day's Range* 34.2 - 34.45
52 wk Range 25.60-32.83
Average Volume (10 days) 1.31M
Average Volume (3 months) 25.16M
Market Cap 21.82B
P/E Ratio 9.22
Shares Outstanding 714.49M
Revenue 29.38B
EPS 3.31
Dividend (Yield %) 4.09568
Beta 1.01
Next Earnings Date Feb 12, 2024

All data is provided by Refinitiv, except for data marked with an asterisk, which is *data provided by Capital.com

  • Last Week
  • Last Month
  • Last Year
  • Last two Years
  • Max
  • Daily
  • Weekly
  • Monthly
Date Close Change Change (%) Open High Low
Apr 15, 2024 34.85 0.10 0.29% 34.75 35.20 34.75
Apr 12, 2024 34.75 -0.40 -1.14% 35.15 35.40 34.65
Apr 11, 2024 35.00 0.05 0.14% 34.95 35.25 34.75
Apr 10, 2024 35.05 -0.35 -0.99% 35.40 35.55 34.90
Apr 9, 2024 35.30 0.05 0.14% 35.25 35.40 35.15
Apr 8, 2024 35.30 0.75 2.17% 34.55 35.50 34.55
Apr 5, 2024 35.20 0.30 0.86% 34.90 35.25 34.75
Apr 4, 2024 35.25 0.05 0.14% 35.20 35.40 35.10
Apr 3, 2024 35.30 0.35 1.00% 34.95 35.40 34.85
Apr 2, 2024 34.80 -0.30 -0.85% 35.10 35.45 34.70
Mar 28, 2024 35.40 -0.05 -0.14% 35.45 35.75 35.40
Mar 27, 2024 35.45 -0.05 -0.14% 35.50 35.85 35.40
Mar 26, 2024 35.45 0.10 0.28% 35.35 35.50 35.30
Mar 25, 2024 35.45 0.30 0.85% 35.15 35.55 35.10
Mar 22, 2024 35.20 -0.20 -0.56% 35.40 35.60 35.15
Mar 21, 2024 35.40 -0.45 -1.26% 35.85 36.15 35.35
Mar 20, 2024 36.00 0.85 2.42% 35.15 36.15 35.15
Mar 19, 2024 35.20 0.45 1.29% 34.75 35.30 34.75
Mar 18, 2024 34.80 0.45 1.31% 34.35 34.90 34.35
Mar 15, 2024 34.85 0.60 1.75% 34.25 35.05 34.25

Michelin Events

Time (UTC) Country Event
Wednesday, April 24, 2024

Time (UTC)

15:45

Country

FR

Event

Q1 2024 Compagnie Generale des Etablissements Michelin SCA Corporate Sales Release
Q1 2024 Compagnie Generale des Etablissements Michelin SCA Corporate Sales Release

Forecast

-

Previous

-

Time (UTC)

16:30

Country

FR

Event

Q1 2024 Compagnie Generale des Etablissements Michelin SCA Corporate Sales Call
Q1 2024 Compagnie Generale des Etablissements Michelin SCA Corporate Sales Call

Forecast

-

Previous

-
Friday, May 10, 2024

Time (UTC)

07:00

Country

FR

Event

Compagnie Generale des Etablissements Michelin SCA Annual Shareholders Meeting
Compagnie Generale des Etablissements Michelin SCA Annual Shareholders Meeting

Forecast

-

Previous

-
Friday, May 17, 2024

Time (UTC)

10:59

Country

FR

Event

Compagnie Generale des Etablissements Michelin SCA Annual Shareholders Meeting
Compagnie Generale des Etablissements Michelin SCA Annual Shareholders Meeting

Forecast

-

Previous

-
Wednesday, May 22, 2024

Time (UTC)

12:00

Country

FR

Event

Compagnie Generale des Etablissements Michelin SCA
Compagnie Generale des Etablissements Michelin SCA

Forecast

-

Previous

-
Tuesday, May 28, 2024

Time (UTC)

10:59

Country

FR

Event

Compagnie Generale des Etablissements Michelin SCA Capital Markets Day
Compagnie Generale des Etablissements Michelin SCA Capital Markets Day

Forecast

-

Previous

-
Wednesday, July 24, 2024

Time (UTC)

10:59

Country

FR

Event

Half Year 2024 Compagnie Generale des Etablissements Michelin SCA Earnings Release
Half Year 2024 Compagnie Generale des Etablissements Michelin SCA Earnings Release

Forecast

-

Previous

-
View all events
  • Annual
  • Quarterly
2022 2021 2020 2019 2018
Total revenue 28590 23795 20469 24135 22028
Revenue 28590 23795 20469 24135 22028
Cost of Revenue, Total 21052 16810 14754 17053 15517
Gross Profit 7538 6985 5715 7082 6511
Total Operating Expense 25569 21018 19066 21444 19478
Selling/General/Admin. Expenses, Total 3471 3306 3121 3316 3171
Research & Development 698 682 646 687 648
Unusual Expense (Income) 118 228 440 320 183
Other Operating Expenses, Total 152 -86 18 -23 -80
Operating Income 3021 2777 1403 2691 2550
Interest Income (Expense), Net Non-Operating -328 -258 -350 -342 -247
Other, Net -37 -48 -74 -113 -73
Net Income Before Taxes 2656 2471 979 2236 2230
Net Income After Taxes 2009 1845 625 1730 1660
Minority Interest -8 -1 7 21 17
Net Income Before Extra. Items 2001 1844 632 1751 1677
Net Income 2001 1844 632 1751 1677
Total Adjustments to Net Income -5 -4 -11 -12
Income Available to Common Excl. Extra. Items 2001 1839 628 1740 1665
Income Available to Common Incl. Extra. Items 2001 1839 628 1740 1665
Dilution Adjustment
Diluted Net Income 2001 1839 628 1740 1665
Diluted Weighted Average Shares 717.25 718.32 716.68 720.612 719.904
Diluted EPS Excluding Extraordinary Items 2.78982 2.56014 0.87626 2.41461 2.31281
Dividends per Share - Common Stock Primary Issue 1.25 1.125 0.575 0.5 0.925
Diluted Normalized EPS 2.91426 2.79714 1.26821 2.75819 2.50203
Depreciation / Amortization 78 78 87 91 39
Jun 2023 Dec 2022 Jun 2022 Dec 2021 Jun 2021
Total revenue 14079 15301 13289 12603 11192
Revenue 14079 15301 13289 12603 11192
Cost of Revenue, Total 10209 11401 9651 9003 7807
Gross Profit 3870 3900 3638 3600 3385
Total Operating Expense 12465 13537 12032 11263 9755
Selling/General/Admin. Expenses, Total 1794 1673 1757 1660 1625
Research & Development 367 358 340 354 328
Depreciation / Amortization 40 40 38 37 41
Unusual Expense (Income) 95 -111 220 153 49
Other Operating Expenses, Total -40 176 26 56 -95
Operating Income 1614 1764 1257 1340 1437
Interest Income (Expense), Net Non-Operating -19 -249 -79 -142 -116
Other, Net -53 -15 -22 -23 -25
Net Income Before Taxes 1542 1500 1156 1175 1296
Net Income After Taxes 1220 1166 843 813 1032
Minority Interest -2 -6 -2 1 -2
Net Income Before Extra. Items 1218 1160 841 814 1030
Net Income 1218 1160 841 814 1030
Total Adjustments to Net Income -2 2 1 -6
Income Available to Common Excl. Extra. Items 1218 1158 843 815 1024
Income Available to Common Incl. Extra. Items 1218 1158 843 815 1024
Diluted Net Income 1218 1158 843 815 1024
Diluted Weighted Average Shares 719.712 715.756 718.744 718.256 718.384
Diluted EPS Excluding Extraordinary Items 1.69234 1.61787 1.17288 1.13469 1.42542
Dividends per Share - Common Stock Primary Issue 0 1.25 0 1.125 0
Diluted Normalized EPS 1.79678 1.49732 1.39609 1.28208 1.47974
  • Annual
  • Quarterly
2022 2021 2020 2019 2018
Total Current Assets 15074 14924 13082 11143 11701
Cash and Short Term Investments 2584 4482 4747 1466 2128
Cash 444 326 269 229 282
Cash & Equivalents 2140 4156 4478 1237 1846
Total Receivables, Net 4419 3757 3110 3727 3556
Accounts Receivable - Trade, Net 4205 3576 3018 3532 3453
Total Inventory 6318 5115 3959 4694 4702
Other Current Assets, Total 1753 1570 1266 1256 1315
Total Assets 35346 34544 31637 31677 30126
Property/Plant/Equipment, Total - Net 13146 12265 11904 13169 11644
Property/Plant/Equipment, Total - Gross 34215 31756 29979 31079 28253
Accumulated Depreciation, Total -21069 -19491 -18075 -17910 -16609
Goodwill, Net 2430 2286 2136 2388 2160
Intangibles, Net 1803 1811 1980 2280 2217
Long Term Investments 1979 1995 1411 1479 1294
Note Receivable - Long Term 229 387 294 277 265
Other Long Term Assets, Total 685 876 830 941 845
Total Current Liabilities 9038 8858 7136 7093 7031
Accounts Payable 3416 3174 2291 2627 2600
Accrued Expenses 1091 1220 860 915 923
Notes Payable/Short Term Debt 595 613 437 470 440
Current Port. of LT Debt/Capital Leases 1959 1809 1718 1137 1150
Other Current Liabilities, Total 1977 2042 1830 1944 1918
Total Liabilities 18236 19570 19004 18451 17968
Total Long Term Debt 5381 6008 6903 5750 5221
Long Term Debt 4691 5277 6102 4853 4938
Capital Lease Obligations 690 731 801 897 283
Deferred Income Tax 541 503 425 455 435
Minority Interest 6 -3 -2 3 23
Other Liabilities, Total 3270 4204 4542 5150 5258
Total Equity 17110 14974 12633 13226 12158
Common Stock 357 357 357 357 360
Additional Paid-In Capital 2702 2746 2746 2789 2923
Retained Earnings (Accumulated Deficit) 14313 12526 10795 10367 9387
Other Equity, Total -262 -655 -1265 -287 -512
Total Liabilities & Shareholders’ Equity 35346 34544 31637 31677 30126
Total Common Shares Outstanding 714.117 714.122 713.36 714.51 719.391
Treasury Stock - Common 0 0 0 0
Jun 2023 Dec 2022 Jun 2022 Dec 2021 Jun 2021
Total Current Assets 15273 15074 14933 14924 13504
Cash and Short Term Investments 3550 3236 2818 5195 4263
Cash & Equivalents 2587 2140 1607 4482 3812
Short Term Investments 692 652 889 713 451
Total Receivables, Net 4184 4205 4052 3576 3543
Accounts Receivable - Trade, Net 4184 4205 4052 3576 3543
Total Inventory 6093 6318 6759 5115 4659
Other Current Assets, Total 1446 1315 1304 1038 1039
Total Assets 35452 35346 34944 34544 32180
Property/Plant/Equipment, Total - Net 13003 13146 12535 12265 11765
Goodwill, Net 2481 2430 2407 2286 2154
Intangibles, Net 1804 1803 1824 1811 1818
Long Term Investments 2232 2263 2595 2507 2246
Other Long Term Assets, Total 659 630 650 751 693
Total Current Liabilities 9006 9038 8647 8858 7690
Accounts Payable 2829 3416 3316 3174 2857
Notes Payable/Short Term Debt 478 595 685 613 0
Current Port. of LT Debt/Capital Leases 2583 1959 1363 1809 1792
Other Current Liabilities, Total 3116 3068 3283 3262 3041
Total Liabilities 18090 18236 18722 19570 18395
Total Long Term Debt 5367 5381 5971 6008 6046
Long Term Debt 4678 4691 5249 5277 5291
Capital Lease Obligations 689 690 722 731 755
Deferred Income Tax 548 541 535 503 421
Minority Interest 7 6 -2 -3 -1
Other Liabilities, Total 3162 3270 3571 4204 4239
Total Equity 17362 17110 16222 14974 13785
Common Stock 357 357 357 357 357
Additional Paid-In Capital 2702 2702 2746 2746 2746
Retained Earnings (Accumulated Deficit) 14689 14313 13252 12526 11612
Treasury Stock - Common 0 0 -120 0 0
Other Equity, Total -386 -262 -13 -655 -930
Total Liabilities & Shareholders’ Equity 35452 35346 34944 34544 32180
Total Common Shares Outstanding 714.118 714.117 712.532 714.122 713.4
Cash 271 444 322
  • Annual
  • Quarterly
2022 2021 2020 2019 2018
Net income/Starting Line 2009 1845 625 1730 1660
Cash From Operating Activities 1931 2906 3366 3321 2831
Cash From Operating Activities 1866 1734 1753 1754 1344
Non-Cash Items 1153 920 868 880 702
Cash Taxes Paid 697 562 315 619 497
Cash Interest Paid 378 227 305 371 216
Changes in Working Capital -3097 -1593 120 -1043 -875
Cash From Investing Activities -1945 -1751 -1388 -2247 -4806
Capital Expenditures -2141 -1705 -1221 -1801 -1668
Other Investing Cash Flow Items, Total 196 -46 -167 -446 -3138
Cash From Financing Activities -1860 -1433 1344 -1740 2328
Financing Cash Flow Items -69 41 -105 -20 -84
Total Cash Dividends Paid -803 -410 -357 -665 -637
Issuance (Retirement) of Stock, Net -44 0 -44 -137 -17
Issuance (Retirement) of Debt, Net -944 -1064 1850 -918 3066
Foreign Exchange Effects -24 13 -41 4 2
Net Change in Cash -1898 -265 3281 -662 355
Dec 2022 Jun 2022 Dec 2021 Jun 2021
Net income/Starting Line 2009 843 1845 1032
Cash From Operating Activities 1931 7 2906 1004
Cash From Operating Activities 1866 909 1734 856
Non-Cash Items 1153 481 920 288
Cash Taxes Paid 697 396 562 278
Cash Interest Paid 378 124 227 68
Changes in Working Capital -3097 -2226 -1593 -1172
Cash From Investing Activities -1945 -1033 -1751 -656
Capital Expenditures -2141 -709 -1705 -543
Other Investing Cash Flow Items, Total 196 -324 -46 -113
Cash From Financing Activities -1860 -1561 -1433 -1292
Financing Cash Flow Items -69 162 41 -4
Total Cash Dividends Paid -803 -803 -410 -410
Issuance (Retirement) of Debt, Net -944 -876 -1064 -878
Foreign Exchange Effects -24 34 13 9
Net Change in Cash -1898 -2553 -265 -935
Issuance (Retirement) of Stock, Net -44 -44 0

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Michelin Company profile

What is Michelin?

Michelin (ML) is a French leading tire producer, founded in 1889 and headquartered in Clermont-Ferrand, France. The company designs and distributes tires and provides related services.

It also develops advanced materials for the mobility industry, offers digital services, guides and maps for trips. Michelin operates 68 production sites in 17 countries. With 111,700 employees globally, the company markets in 170 countries. 

Michelin is the second largest tyre manufacturer globally, behind the Japanese firm Bridgestone, and is larger than competitors Goodyear and Continental. Aside from tyre production, Michelin is renowned for travel guides and its infamous Michelin Stars that are awarded to restaurants for their cuisine. 

Who is the Michelin group’s CEO?

As of May 2019, Florent Menegaux has been the Chief Executive Officer of the Michelin group, having previously held the position of Managing General Partner of the group.

Menegaux joined Michelin as Commercial Director for truck tires in the United Kingdom and the Republic of Ireland in 1997. He was quickly appointed Sales Director for Truck Tires Original Equipment and Replacement markets for North America and has since worked his way up the company.

Where is Michelin traded?

Michelin stock is listed on the Euronext Paris stock exchange and is a constituent of France’s benchmark CAC 40 index. Check out Capital.com for the latest ML chart and follow the Michelin share price.

Industry: Tires & Rubber Products (NEC)

23 place des Carmes-Déchaux
Clermont-Ferrand Cedex 9
CLERMONT-FERRAND
AUVERGNE-RHONE-ALPES 63040
FR

Income Statement

  • Annual
  • Quarterly

News

US Earnings Season : JP Morgan, Citigroup, Wells Fargo

The first major US banks report quarterly earnings on Friday, April 12th, 2024. We preview what to expect from JP Morgan, Citigroup, and Wells Fargo's quarterly numbers.

16:03, 11 April 2024

Reserve Bank of New Zealand Preview: Rates expected to remain on hold as inflation fight continues

The Reserve Bank of New Zealand (RBNZ) meets on Wednesday, April 10, 2024. We preview what to expect from the meeting and its possible impact on the NZD/USD.

09:22, 11 April 2024

US CPI Preview: US inflation expected to grind lower amid fears about sticky prices

US CPI data is released on Wednesday, 10 April. We preview what to expect from the data, how it could influence US Federal Reserve policy, and analyse the NASDAQ (US Tech 100).

15:11, 9 April 2024

How escalating geopolitical tensions are impacting oil markets

The bullish momentum in oil prices remains strong as escalating geopolitical tensions raise concerns about supply.

13:34, 4 April 2024

A way forward: a roundup of recent central bank decisions

Five of the world’s most significant central banks delivered policy this week. We review the decisions and discuss their impact on the markets.

12:47, 22 March 2024

Bank of Japan Preview: will the BOJ end negative interest rates?

The Bank of Japan meets on Tuesday 19th of March. We preview what to expect from the BOJ decision and how it might impact the USD/JPY and Nikkei 225.

08:44, 18 March 2024

Higher CPI leaves traders unfazed as US equities continue to build momentum

The latest US CPI reading hasn’t gone how the Federal would have hoped. Consumer prices came in higher than expected in February for the third month in a row.

12:42, 15 March 2024

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