Groupe Michelin Overview

  • Year Founded
  • 1889

Year Founded

  • Status
  • Public

  • Employees
  • 125,000

Employees

  • Stock Symbol
  • ML

Stock Symbol

  • Investments
  • 69

  • Share Price
  • $39.62
  • (As of Friday Closing)

Groupe Michelin General Information

Description

Michelin manufactures tires for passenger vehicles. The company also makes tires for all types of commercial vehicles as well as bicycle, motorcycle, earthmover, aviation, and agricultural tires. Its operations are organized into three operating segments namely Automotive and related distribution; Road transportation and related distribution; Specialty businesses and related distribution. The company generates maximum revenue from Automotive and related distribution segments. The Specialty businesses include the Mining, Beyond-road, Two-wheel and Aircraft tire activities, as well as the High-Tech Materials activities. The Services & Solutions businesses are included for the most part in the "Road transportation and related distribution" segment.

Contact Information

Ownership Status
Publicly Held
Financing Status
Corporation
Primary Industry
Automotive
Other Industries
Road
Other Transportation
Stock Exchange
PAR
Corporate Office
  • Place des Carmes Dechaux
  • 63040 Clermont-Ferrand
  • France
+33 04 00 00 00 00

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Groupe Michelin Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$39.62 $41.34 $28.04 - $41.64 $28.1B 710M 1.5M $3.00

Groupe Michelin Financials Summary

In Thousands,
USD
TTM 31-Dec-2023 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 30,615,248 30,615,248 24,667,993 33,451,754
Revenue 30,669,264 30,669,264 30,059,615 28,132,796
EBITDA 5,145,269 5,145,269 5,189,726 5,364,089
Net Income 2,145,756 2,145,756 2,103,858 2,180,159
Total Assets 38,904,549 38,904,549 37,904,964 39,111,433
Total Debt 6,877,798 6,877,798 7,871,398 8,850,570
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Groupe Michelin Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Groupe Michelin Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Michelin manufactures tires for passenger vehicles. The company also makes tires for all types of commercial vehicles as
Automotive
Clermont-Ferrand, France
125,000 As of 2023
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Akron, OH
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Tokyo, Japan
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Groupe Michelin Competitors (25)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
The Goodyear Tire & Rubber Private Debt Financed Akron, OH 00000 000.00 000000000 00 000.00
Bridgestone Corporation Tokyo, Japan 000000 00000000
Continental Corporation Hanover, Germany 000000 000.00 000000000 000.00
Nokian Tyres Private Debt Financed Nokia, Finland 0000 00000 000000000 00 00000
Pirelli & C. Formerly PE-Backed Milan, Italy 00000 00000 000000000
You’re viewing 5 of 25 competitors. Get the full list »

Groupe Michelin Patents

Groupe Michelin Executive Team (38)

Name Title Board Seat Contact Info
Florent Menegaux Chief Executive Officer
Prashant Prabhu President, Africa, India and Middle East & Head of WW Incubators
Manuel Fafian President of Michelin East Asia and Australia
Yves Chapot Chief Financial Officer, General Manager & Member of the Group Executive Committee
Pierre Hassaïri Chief Financial Officer, Michelin América central
You’re viewing 5 of 38 executive team members. Get the full list »

Groupe Michelin Board Members (11)

Name Representing Role Since
Barbara Dalibard Self Chair of the Supervisory Board & Non Independent Member 000 0000
Catherine Soubie Self Supervisory Board Member 000 0000
Delphine Roussy Groupe Michelin Member of the Supervisory Board Representing Employees & Member of the Compensation and Appointments Committee 000 0000
Jean-Michel Severino Self Member of the Corporate Social Responsibility Committee & Independent Member of the Supervisory Board 000 0000
Monique Leroux Self Chair of the Corporate Social Responsibility Committee, Member of the Audit Committee and Independent Member of the Supervisory Board 000 0000
You’re viewing 5 of 11 board members. Get the full list »

Groupe Michelin Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Groupe Michelin Investments & Acquisitions (69)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Flex Composite Group 27-Sep-2023 0000000000 00000 Industrial Supplies and Parts 0000000 0
ASM Clermont Auvergne 16-Jun-2023 0000000000 Leisure Facilities
Canopy Simulation 17-May-2023 0000000000 Road
Joint Venture (Scandinavian Enviro Systems / Antin Infrastructure Partners) 29-Mar-2023 00000 0000 Environmental Services (B2B) 00000 000
Royal Lestari Utama 27-Jul-2022 Merger/Acquisition 000.00 Other Agriculture 0000000 0
You’re viewing 5 of 69 investments and acquisitions. Get the full list »

Groupe Michelin Subsidiaries (33)

Company Name Industry Location Founded
Watèa Other Transportation Clermont-Ferrand, France 2021
AirCaptif Other Commercial Products Trappes, France 0000
RoadBotics Business/Productivity Software Pittsburgh, PA 0000
Royal Lestari Utama Other Agriculture Jakarta, Indonesia 0000
Truckfly Automotive Clermont-Ferrand, France 0000
You’re viewing 5 of 33 subsidiaries. Get the full list »

Groupe Michelin ESG

Risk Overview

Risk Rating

Updated May, 31, 2024

9.61 | Negl Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.00

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 16,191

Rank

0.00

Percentile

Auto Components

Industry

00 of 253

Rank

0.00

Percentile

Tires

Subindustry

0. of 31

Rank

0.0

Percentile

To view Groupe Michelin’s complete esg history, request access »

Groupe Michelin Exits (7)

Company Name Exit Date Exit Type Exit Size Status Buyers
Safecube 10-Apr-2019 00000 0000000 Completed
  • 3 buyers
Woom (Other Restaurants, Hotels and Leisure) 01-Sep-2016 000000000000000000 Completed
  • 000000 00000000
Purilogics 01-Jan-2016 00000 00000 Completed
  • 6 buyers
Bookatable 29-Dec-2015 000000000000000000 00000 Completed
  • 000000 00000000
Tyredating 01-Jan-2014 Merger/Acquisition Completed
You’re viewing 5 of 7 exits. Get the full list »

Groupe Michelin FAQs

  • When was Groupe Michelin founded?

    Groupe Michelin was founded in 1889.

  • Who is the CEO of Groupe Michelin?

    Florent Menegaux is the CEO of Groupe Michelin.

  • Where is Groupe Michelin headquartered?

    Groupe Michelin is headquartered in Clermont-Ferrand, France.

  • What is the size of Groupe Michelin?

    Groupe Michelin has 125,000 total employees.

  • What industry is Groupe Michelin in?

    Groupe Michelin’s primary industry is Automotive.

  • Is Groupe Michelin a private or public company?

    Groupe Michelin is a Public company.

  • What is Groupe Michelin’s stock symbol?

    The ticker symbol for Groupe Michelin is ML.

  • What is the current stock price of Groupe Michelin?

    As of 14-Jun-2024 the stock price of Groupe Michelin is $39.62.

  • What is the current market cap of Groupe Michelin?

    The current market capitalization of Groupe Michelin is $28.1B.

  • What is Groupe Michelin’s current revenue?

    The trailing twelve month revenue for Groupe Michelin is $30.7B.

  • Who are Groupe Michelin’s competitors?

    The Goodyear Tire & Rubber, Bridgestone, Continental, Nokian Tyres, and Pirelli & C. are some of the 25 competitors of Groupe Michelin.

  • What is Groupe Michelin’s annual earnings per share (EPS)?

    Groupe Michelin’s EPS for 12 months was $3.00.

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