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Compagnie Generale des Etablissements Michelin SCA

Compagnie Generale des Etablissements Michelin SCA

ML · PA · Consumer Cyclical / Automobiles & Auto Parts

33.71EUR-0.05 (-0.15%)

Price History

Full chart

Market Stats

Previous Close33.76
Open33.86
Day Range33.65 – 33.92
52-Week Range24.40 – 35.72
Volume1.10M
Market Cap22.87B
P/E (TTM)3.25
Forward P/E9.02
EPS10.24
Dividend Yield4.55%
Beta1.09
50-Day Avg34.21
200-Day Avg32.34

About

Compagnie Générale des Établissements Michelin Société en commandite par actions manufactures and sells tires worldwide. The company offers tires for private use covering cars, racing, biking, motorcycles, scooters, and mopeds; and professional use, such as freight and people transport, agriculture, construction and industrial, mining and quarries, corporate fleets, tradesmen and professionals, civil and military operations, light rail, and aircraft. It is also involved in the provision of tire-related services, including development of mobility solutions for fleet managers, vehicle manufacturers, farmers, distributors, and individuals; mobility services, such as road maps, mobile apps, itineraries, and travel guides; lifestyle products comprising car and bike accessories, shoe soles, and sports and leisure gears; and high-tech materials that include 3D metal printing, specialty, rubber, biosourced, and recycled materials. Compagnie Générale des Établissements Michelin Société en commandite par actions was incorporated in 1863 and is based in Clermont-Ferrand, France.

Company Details

  • SectorConsumer Cyclical
  • IndustryAutomobiles & Auto Parts
  • CEOMr. Florent Menegaux
  • Employees118.40K
  • Headquarters23, Place Des Carmes Dechaux, Clermont-Ferrand, France, 63040, France
  • Websitehttps://www.michelin.com

Leadership

  • Mr. Florent MenegauxCEO, Managing Gen. Partner & Managing Chairman · b. 1962
  • Mr. Yves ChapotManaging Partner, GM & CFO · b. 1962
  • Ms. Valerie MagloireHead of Investor Relations · b. 1958
  • Benoit BalmaryGroup Gen. Counsel
  • Mr. Jean-Claude PatsExec. VP of Personnel
  • Mr. Jean-Christophe GuérinExec. VP of Manufacturing
  • Mr. Serge LafonExec. VP of Specialties and Africa/India/Middle East, China, East Asia & Australia Regions
  • Mr. Kamran VossugiHead of East-European Geographical Area and Gen. Director of Production for Tires
  • Ms. Adeline Challon-KemounExec. VP of Engagement & Brands · b. 1967
  • Mr. Eric Philippe VinesseExec. VP of R&D

Financials

Income Statement

Currency: EUR2002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue15.65B15.37B15.05B15.59B16.38B16.87B16.41B14.81B17.89B20.72B21.47B20.25B19.55B21.20B20.91B21.96B22.03B24.14B20.47B23.80B28.59B28.34B27.19B25.99B
Growth (%)--1.76%-2.09%+3.60%+5.09%+2.95%-2.72%-9.76%+20.83%+15.81%+3.64%-5.71%-3.43%+8.42%-1.38%+5.04%+0.31%+9.57%-15.19%+16.25%+20.15%-0.86%-4.06%-4.42%
Cost of Revenue5.29B5.37B10.21B10.84B11.65B11.82B12.02B10.53B12.40B14.82B14.76B13.84B13.30B14.24B13.81B14.81B15.52B17.14B14.84B16.89B21.13B20.39B19.45B18.97B
Gross Profit10.35B10.00B4.84B4.75B4.73B5.05B4.38B4.28B5.49B5.90B6.71B6.41B6.25B6.96B7.10B7.14B6.51B6.99B5.63B6.91B7.46B7.95B7.75B7.02B
Gross Margin66.18%65.04%32.14%30.50%28.88%29.94%26.72%28.91%30.67%28.47%31.25%31.64%31.98%32.84%33.95%32.54%29.56%28.97%27.50%29.03%26.09%28.04%28.49%27.00%
Operating Expense9.13B8.85B3.60B3.18B3.61B3.73B3.54B3.83B3.79B3.95B4.24B4.35B4.22B4.51B4.54B4.51B3.89B4.07B3.74B3.99B4.13B5.30B5.12B4.65B
Operating Income1.23B1.14B1.24B1.57B1.12B1.32B843.00M450.00M1.70B1.95B2.47B2.06B2.03B2.45B2.55B2.64B2.62B2.92B1.89B2.91B3.33B2.65B2.63B2.37B
Operating Margin7.83%7.44%8.23%10.10%6.82%7.82%5.14%3.04%9.47%9.39%11.50%10.17%10.40%11.58%12.21%12.01%11.91%12.09%9.22%12.25%11.64%9.36%9.68%9.10%
EBITDA2.17B2.31B2.01B2.36B2.07B2.19B1.70B1.41B2.70B3.16B3.55B3.11B3.15B3.81B4.07B3.87B3.86B4.48B3.17B4.54B4.90B4.88B4.39B4.65B
EBITDA Margin13.86%15.00%13.36%15.12%12.62%12.97%10.37%9.52%15.09%15.26%16.54%15.35%16.08%17.98%19.47%17.60%17.53%18.55%15.50%19.10%17.13%17.24%16.15%17.88%
Net Income842.74M881.64M645.00M889.00M572.00M772.00M357.00M106.00M1.05B1.46B1.57B1.13B1.03B1.17B1.68B1.70B1.68B1.75B632.00M1.84B2.00B1.98B1.88B1.67B
Net Income Margin5.39%5.74%4.29%5.70%3.49%4.58%2.18%0.72%5.86%7.06%7.31%5.57%5.27%5.51%8.02%7.74%7.61%7.26%3.09%7.75%7.00%7.00%6.93%6.41%
R&D--576.00M565.00M591.00M571.00M499.00M506.00M545.00M592.00M622.00M643.00M656.00M689.00M718.00M642.00M648.00M687.00M646.00M682.00M698.00M756.00M786.00M198.00M
R&D as % of Total Revenue--3.83%3.62%3.61%3.39%3.04%3.42%3.05%2.86%2.90%3.18%3.35%3.25%3.43%2.92%2.94%2.85%3.16%2.87%2.44%2.67%2.89%0.76%
Interest Expense00235.00M254.00M254.00M294.00M330.00M221.00M236.00M206.00M193.00M276.00M280.00M219.00M221.00M198.00M217.00M339.00M242.00M194.00M243.00M387.00M217.00M354.00M
Interest Expense % of Total Revenue0.00%0.00%1.56%1.63%1.55%1.74%2.01%1.49%1.32%0.99%0.90%1.36%1.43%1.03%1.06%0.90%0.99%1.40%1.18%0.82%0.85%1.37%0.80%1.36%

Balance Sheet

Currency: EUR2002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets16.31B16.17B16.07B16.88B16.87B16.45B16.59B16.52B19.66B20.89B21.58B20.68B22.43B23.89B25.32B25.27B30.13B31.68B31.64B34.54B35.35B35.20B37.35B35.02B
Total Liabilities11.81B11.76B12.53B12.35B12.19B11.16B11.48B11.02B11.54B12.79B13.08B11.43B12.91B14.35B14.68B14.01B17.95B18.45B19.01B19.57B18.23B17.24B18.72B16.94B
Total Equity4.33B4.33B3.48B4.51B4.68B5.28B5.11B5.49B8.12B8.10B8.50B9.25B9.51B9.49B10.60B11.23B12.16B13.23B12.63B14.97B17.11B17.95B18.63B18.07B
Cash418.56M539.49M1.66B611.00M680.00M330.00M456.00M1.23B1.59B1.59B1.86B1.56B1.17B1.55B1.83B1.77B2.13B1.47B4.75B4.48B2.58B2.52B3.74B3.68B
Total Debt5.03B4.71B4.89B4.72B4.87B-4.85B4.26B-3.76B3.24B2.28B2.23B2.89B3.09B2.86B6.52B7.08B8.74B8.00B7.45B6.24B7.37B6.61B
Net Debt4.61B4.17B3.24B4.11B4.19B-330.00M4.39B3.03B-1.59B2.17B1.39B716.00M1.06B1.34B1.27B1.09B4.40B5.62B3.99B3.52B4.87B3.73B3.63B2.93B

Cash Flow

Currency: EUR2002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow1.53B1.54B1.17B1.00B1.17B1.86B915.00M2.12B1.32B1.20B2.93B3.09B2.52B2.69B2.77B2.74B2.83B3.32B3.37B2.91B1.93B5.29B4.34B3.82B
Investing Cash Flow-897.18M-1.24B-902.00M-1.12B-1.21B-1.43B-1.27B-736.00M-1.66B-713.00M-1.79B-2.11B-2.09B-1.94B-1.90B-2.06B-4.81B-2.25B-1.39B-1.75B-1.95B-2.93B-2.11B-1.61B
Financing Cash Flow-349.13M306.86M-355.00M-954.00M122.00M-774.00M481.00M-750.00M663.00M-484.00M-868.00M-1.26B-825.00M-352.00M-799.00M-719.00M2.33B-1.74B1.34B-1.43B-1.86B-2.34B-794.00M-2.25B
Capital Expenditure966.96M1.12B888.00M1.06B1.10B1.48B1.29B707.00M964.00M1.67B2.00B1.97B1.84B1.77B1.81B1.67B1.53B1.80B1.22B1.71B2.14B2.24B2.27B2.03B
Free Cash Flow567.41M424.35M280.00M-60.00M66.00M378.00M-374.00M1.42B358.00M-472.00M930.00M1.12B683.00M921.00M950.00M1.07B1.30B1.52B2.15B1.20B-210.00M3.05B2.07B1.79B
Dividends Paid167.65M180.36M133.00M179.00M193.00M208.00M230.00M65.00M65.00M138.00M289.00M189.00M464.00M463.00M515.00M584.00M637.00M665.00M357.00M410.00M803.00M893.00M961.00M974.00M
FCF to OCF36.98%27.52%23.97%-6.00%5.66%20.30%-40.87%66.70%27.08%-39.46%31.78%36.35%27.08%34.17%34.36%39.15%45.78%45.77%63.73%41.33%-10.88%57.71%47.76%46.87%
Dividend Paid to FCF29.55%42.50%47.50%-298.33%292.42%55.03%-61.50%4.59%18.16%-29.24%31.08%16.83%67.94%50.27%54.21%54.43%49.15%43.75%16.64%34.14%-382.38%29.27%46.40%54.41%

Earnings

Report DateMar 31, 2002Jun 30, 2002Sep 30, 2002Dec 31, 2002Mar 31, 2003Jun 30, 2003Sep 30, 2003Dec 31, 2003Mar 31, 2004Jun 30, 2004Sep 30, 2004Dec 31, 2004Mar 31, 2005Jun 30, 2005Sep 30, 2005Dec 31, 2005Mar 31, 2006Jun 30, 2006Sep 30, 2006Dec 31, 2006Mar 31, 2007Jun 30, 2007Sep 30, 2007Dec 31, 2007Mar 31, 2008Jun 30, 2008Sep 30, 2008Dec 31, 2008Mar 31, 2009Jun 30, 2009Sep 30, 2009Dec 31, 2009Mar 31, 2010Jun 30, 2010Sep 30, 2010Dec 31, 2010Mar 31, 2011Jun 30, 2011Sep 30, 2011Dec 31, 2011Mar 31, 2012Jun 30, 2012Sep 30, 2012Dec 31, 2012Mar 31, 2013Jun 30, 2013Sep 30, 2013Feb 11, 2014Mar 31, 2014Jul 29, 2014Sep 30, 2014Feb 10, 2015Mar 31, 2015Jul 28, 2015Sep 30, 2015Feb 16, 2016Mar 31, 2016Jul 26, 2016Sep 30, 2016Feb 14, 2017Mar 31, 2017Jul 25, 2017Sep 30, 2017Feb 12, 2018Mar 31, 2018Jul 23, 2018Sep 30, 2018Feb 11, 2019Mar 31, 2019Jul 25, 2019Feb 10, 2020Jul 27, 2020Feb 14, 2021Mar 31, 2021Jul 26, 2021Sep 30, 2021Feb 14, 2022Jul 26, 2022Sep 30, 2022Feb 13, 2023Mar 31, 2023Jul 26, 2023Feb 12, 2024Jul 24, 2024Feb 12, 2025Jul 22, 2025Dec 31, 2025Feb 11, 2027
EPS Estimate-----------------------------------------------3.73-3.94-3.36-4.10-3.68-0.99-4.04-4.57-4.34-4.77-5.45-5.615.702.572.06-2.82-5.581.46-1.69-1.521.621.491.751.43--
EPS Actual0.380.380.380.380.521.030.521.030.270.540.270.540.370.750.370.750.240.480.240.460.310.620.310.640.150.300.150.290.040.090.040.080.410.820.410.710.490.980.490.970.521.040.521.020.370.66-0.43-0.00-0.00-0.00-0.00-0.00-0.00-4.73-4.61-5.09-9.25-4.724.94-0.754.24-5.74-4.541.17-1.62-1.691.600.991.021.171.79-
Surprise------------------------------------------------88.47%--100.00%--100.00%--100.00%--100.00%--100.00%--100.00%-3.50%-6.22%-6.71%-69.72%--15.86%-13.33%-129.18%105.83%-103.55%--18.64%-19.86%--4.14%-11.18%-1.23%-33.56%-41.71%-18.18%--
Timing----------------------------------------------------------------------------After-hoursAfter-hours-After-hours----After-hoursAfter-hours-Pre-market

Key Statistics & Ratios

Market Cap22.87B
Enterprise Value25.90B
Trailing P/E3.25
Forward P/E9.02
PEG Ratio6.99
Price / Sales0.83
Price / Book1.24
EPS10.24
Book Value83.87
Revenue (TTM)23.79B
Gross Profit (TTM)6.99B
EBITDA4.43B
Profit Margin7.75%
Operating Margin11.98%
Return on Equity13.37%
Return on Assets5.37%
Shares Outstanding713.30M
Shares Float165.09M
Beta1.09
Dividend Yield4.55%
Dividend Rate0.00
Payout Ratio0.00%

Dividends

20261×
1.38May 26, 2026
20251×
1.38May 21, 2025
20241×
1.35May 22, 2024
20231×
1.25May 17, 2023
20221×
1.13May 17, 2022
20211×
0.57May 25, 2021
20201×
0.50Jul 1, 2020
20191×
0.93May 21, 2019
20181×
0.89May 22, 2018
20171×
0.81May 24, 2017
20161×
0.71May 17, 2016
20151×
0.63May 26, 2015
20141×
0.63May 20, 2014
20131×
0.60May 22, 2013
20121×
0.53May 18, 2012
20111×
0.45May 18, 2011
20101×
0.24May 14, 2010
20091×
0.24May 22, 2009
20081×
0.39May 20, 2008
20071×
0.35May 15, 2007
20061×
0.33May 16, 2006
20051×
0.30May 24, 2005
20041×
0.22May 18, 2004
20031×
0.22May 20, 2003

Stock Splits

  • Jun 16, 20224:1
  • Sep 30, 20101096:1059