Groupe Michelin Overview
- Year Founded
-
1889
- Status
-
Public
- Employees
-
125,600
- Stock Symbol
-
ML
- Investments
-
70
- Share Price
-
$34.67
- (As of Wednesday 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
Website
www.michelin.comCorporate Office
- Place des Carmes Dechaux
- Cedex 9
- 63040 Clermont-Ferrand
- France
Corporate Office
- Place des Carmes Dechaux
- Cedex 9
- 63040 Clermont-Ferrand
- France
Groupe Michelin Stock Performance
As of 26-Mar-2025, Groupe Michelin’s stock price is $34.67. Its current market cap is $24.5B with 706M shares.
(As of Wednesday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $34.67 | $36.96 | $31.44 - $41.85 | $24.5B | 706M | 1.84M | $2.87 |
Groupe Michelin Financials Summary
As of 31-Dec-2024, Groupe Michelin has a trailing 12-month revenue of $29.4B.
|
In Thousands, USD |
TTM 31-Dec-2024 | FY 2024 31-Dec-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 |
|---|---|---|---|---|
| EV | 27,814,570 | 27,814,570 | 30,615,248 | 24,667,993 |
| Revenue | 29,425,514 | 29,425,514 | 30,669,264 | 30,059,615 |
| EBITDA | 5,145,269 | 5,189,726 | ||
| Net Income | 2,045,167 | 2,045,167 | 2,145,756 | 2,103,858 |
| Total Assets | 38,904,549 | 37,904,964 | ||
| Total Debt | 6,877,798 | 7,871,398 |
Groupe Michelin Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Groupe Michelin Comparisons
Industry
Financing
Details
Groupe Michelin Competitors (35)
One of Groupe Michelin’s 35 competitors is The Goodyear Tire & Rubber, a Private Debt Financed company based in Akron, OH.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| The Goodyear Tire & Rubber | Private Debt Financed | Akron, OH | ||||
| Mazda Motor | Corporation | Hiroshima, Japan | ||||
| Bridgestone | Corporation | Tokyo, Japan | ||||
| Continental | Corporation | Hanover, Germany | ||||
| Nokian Tyres | Private Debt Financed | Nokia, Finland |
Groupe Michelin Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Groupe Michelin Patents
Groupe Michelin Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| FR-3153151-A3 | Inspection system for assemblies of rubber products in fully visible layers and the edges of these products | Pending | 19-Sep-2023 | ||
| FR-3153086-A1 | Conveyor system, particularly continuous, for materials, particularly in bulk | Pending | 15-Sep-2023 | ||
| FR-3153026-A1 | Tire optimized for road behavior and rolling resistance | Pending | 14-Sep-2023 | ||
| FR-3153025-A1 | Tire optimized for road behavior and rolling resistance | Pending | 14-Sep-2023 | ||
| FR-3152430-A1 | Method of maintaining a tire | Pending | 05-Sep-2023 | B60C11/24 |
Groupe Michelin Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Groupe Michelin Investments & Acquisitions (70)
Groupe Michelin’s most recent deal was a Merger/Acquisition with Flex Composite Group for . The deal was made on 26-Sep-2023.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Flex Composite Group | 26-Sep-2023 | Merger/Acquisition | Industrial Supplies and Parts | ||
| ASM Clermont Auvergne | 16-Jun-2023 | Merger/Acquisition | Leisure Facilities | ||
| Canopy Simulation | 17-May-2023 | Merger/Acquisition | Road | ||
| Joint Venture (Scandinavian Enviro Systems / Antin Infrastructure Partners) | 29-Mar-2023 | Joint Venture | Environmental Services (B2B) | ||
| Michelin Mobility Intelligence | 08-Jul-2022 | Merger/Acquisition | Road |
Groupe Michelin ESG
Risk Overview
Risk Rating
Updated March, 05, 2025
11.37 | Low 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
Management
Management is related to actions taken to manage ESG issues
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
of 14,946
Rank
Percentile
Auto Components
Industry
of 242
Rank
Percentile
Tires
Subindustry
of 30
Rank
Percentile
Groupe Michelin Exits (8)
Groupe Michelin’s most recent exit was on 10-Apr-2019 from Safecube. The exit was categorized as with 3 buyers.
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Safecube | 10-Apr-2019 | Completed |
|
||
| Exotic Systems | 04-Oct-2016 | Completed |
|
||
| Woom (Other Restaurants, Hotels and Leisure) | 01-Sep-2016 | Completed |
|
||
| Purilogics | 01-Jan-2016 | Completed |
|
||
| Bookatable | 29-Dec-2015 | Merger/Acquisition | Completed |
Groupe Michelin Affiliates
Subsidiaries (35)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Michelin Inflatable Solutions | Trappes, France | 2017 | |
| Royal Lestari Utama | Jakarta, Indonesia | 2015 | |
| Truckfly | Clermont-Ferrand, France | 2015 | |
| Canopy Simulation | Hamble-le-Rice, United Kingdom | 2015 | |
| Flex Composite Group | Paris, France | 2015 |
Groupe Michelin FAQs
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When was Groupe Michelin founded?
Groupe Michelin was founded in 1889.
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Where is Groupe Michelin headquartered?
Groupe Michelin is headquartered in Clermont-Ferrand, France.
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What is the size of Groupe Michelin?
Groupe Michelin has 125,600 total employees.
-
What industry is Groupe Michelin in?
Groupe Michelin’s primary industry is Automotive.
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Is Groupe Michelin a private or public company?
Groupe Michelin is a Public company.
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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 26-Mar-2025 the stock price of Groupe Michelin is $34.67.
-
What is the current market cap of Groupe Michelin?
The current market capitalization of Groupe Michelin is $24.5B.
-
What is Groupe Michelin’s current revenue?
The trailing twelve month revenue for Groupe Michelin is $29.4B.
-
Who are Groupe Michelin’s competitors?
The Goodyear Tire & Rubber, Mazda Motor, Bridgestone, Continental, and Nokian Tyres are some of the 35 competitors of Groupe Michelin.
-
What is Groupe Michelin’s annual earnings per share (EPS)?
Groupe Michelin’s EPS for 12 months was $2.87.
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