Michelin/€ML
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09:10
11:15
13:25
15:30
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About Michelin
Michelin is a French multinational company primarily operating in the tire manufacturing industry. It offers a wide range of products, including tires for cars, trucks, motorcycles, bicycles, and aircraft, as well as specialty tires for various industrial vehicles. Founded in 1889 by brothers Édouard and André Michelin, the company is headquartered in Clermont-Ferrand, France. Michelin is known for innovations like the radial tire and has a significant presence in Europe, North America, and Asia. Its strategic positioning involves a strong focus on research and development, enabling it to produce high-quality, durable tires that appeal to both consumer and industrial markets.
Ticker
€ML
Sector
Mobility
Primary listing
PAR
Employees
121,000
Headquarters
Website
Michelin Metrics
BasicAdvanced
€22B
14.40
€2.19
0.89
€1.38
4.38%
Price and volume
Market cap
€22B
Beta
0.89
52-week high
€36.76
52-week low
€28.47
Average daily volume
1.1M
Dividend rate
€1.38
Financial strength
Current ratio
1.804
Quick ratio
0.872
Long term debt to equity
32.025
Total debt to equity
42.417
Dividend payout ratio (TTM)
62.40%
Interest coverage (TTM)
11.34%
Profitability
EBITDA (TTM)
4,596
Gross margin (TTM)
27.60%
Net profit margin (TTM)
5.84%
Operating margin (TTM)
10.30%
Effective tax rate (TTM)
25.63%
Revenue per employee (TTM)
€220,000
Management effectiveness
Return on assets (TTM)
4.79%
Return on equity (TTM)
8.81%
Valuation
Price to earnings (TTM)
14.403
Price to revenue (TTM)
0.832
Price to book
1.25
Price to tangible book (TTM)
1.7
Price to free cash flow (TTM)
17.946
Free cash flow yield (TTM)
5.57%
Free cash flow per share (TTM)
1.755
Dividend yield (TTM)
4.38%
Forward dividend yield
4.38%
Growth
Revenue change (TTM)
-3.62%
Earnings per share change (TTM)
-17.80%
3-year revenue growth (CAGR)
1.08%
10-year revenue growth (CAGR)
2.75%
3-year earnings per share growth (CAGR)
-1.67%
10-year earnings per share growth (CAGR)
4.00%
3-year dividend per share growth (CAGR)
7.05%
10-year dividend per share growth (CAGR)
8.24%
What the Analysts think about Michelin
Analyst ratings (Buy, Hold, Sell) for Michelin stock.
Bulls say / Bears say
Management projects segment operating income growth at constant exchange rates for 2025, showing confidence in their ability to maintain revenue despite challenging market conditions. (Reuters)
The company anticipates generating over €1.7 billion in free cash flow before acquisitions in 2025, highlighting strong cash generation even in a tough environment. (Reuters)
In the first half of 2025, higher selling prices helped partially offset a 6.1% decline in volumes, underscoring Michelin’s pricing power and favorable product mix. (Reuters)
First-half 2025 sales volumes fell 6.1%, mainly due to weaker original equipment markets, highlighting Michelin’s vulnerability to swings in the automotive sector. (Reuters)
U.S. tariffs resulted in approximately €65 million in costs in H1 2025 and are expected to total around €200 million by year-end, putting pressure on margins and prompting the company to invest further in localizing production. (Reuters)
For the full year 2024, sales volumes dropped 5.1% as the European market slowed, with passenger car sales down 7% and truck tire sales down 20%, revealing prolonged weakness in demand. (Reuters)
Data summarised monthly by Lightyear AI. Last updated on 31 Aug 2025.
Michelin Financial Performance
Revenues and expenses
Michelin Earnings Performance
Company profitability
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.
Capital at risk
Upcoming events
No upcoming events
FAQs
What’s the current market cap for Michelin stock?
Michelin (ML) has a market cap of €22B as of September 14, 2025.
What is the P/E ratio for Michelin stock?
The price to earnings (P/E) ratio for Michelin (ML) stock is 14.4 as of September 14, 2025.
Does Michelin stock pay dividends?
Yes, the Michelin (ML) stock pays dividends to shareholders. As of September 14, 2025, the dividend rate is €1.38 and the yield is 4.38%. Michelin has a payout ratio of 62.4% on a trailing twelve-month basis.
When is the next Michelin dividend payment date?
The next Michelin (ML) dividend payment date is unconfirmed.
What is the beta indicator for Michelin?
Michelin (ML) has a beta rating of 0.89. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.