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
€21B
13.44
€2.19
0.89
€1.38
4.69%
Price and volume
Market cap
€21B
Beta
0.89
52-week high
€35.70
52-week low
€28.47
Average daily volume
1.4M
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)
13.443
Price to revenue (TTM)
0.776
Price to book
1.17
Price to tangible book (TTM)
1.6
Price to free cash flow (TTM)
16.749
Free cash flow yield (TTM)
5.97%
Free cash flow per share (TTM)
1.755
Dividend yield (TTM)
4.69%
Forward dividend yield
4.69%
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
In H1 2025, Michelin’s 3.4% sales decline matched expectations as higher prices partly made up for weaker volumes, demonstrating strong pricing power and product mix management. (Reuters)
In Q1 2025, Michelin reported a smaller-than-expected 1.9% drop in sales to €6.52 billion, beating the €6.43 billion consensus and highlighting the resilience of its core automotive and replacement tyre businesses. (Reuters)
Michelin, together with Bridgestone, is developing advanced puncture-proof, airless tyre technologies such as Tweel and Uptis, putting itself at the forefront of innovation for EV and autonomous vehicle tyres. (Financial Times)
Michelin’s tire sales volumes fell 6.1% in the first half of 2025, mainly affecting original equipment, which reduced revenue and put pressure on operating margins. (Reuters)
U.S. tariffs cost Michelin about €65 million in H1 2025 and are expected to reach €200 million by the end of the year, introducing significant cost uncertainty and threatening margins. (Reuters)
Michelin’s plan to close its Queretaro plant in central Mexico by the end of 2025 points to ageing, outdated capacity and will bring restructuring charges, weighing on short-term cash flow. (Reuters)
Data summarised monthly by Lightyear AI. Last updated on 2 Oct 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 €21B as of October 13, 2025.
What is the P/E ratio for Michelin stock?
The price to earnings (P/E) ratio for Michelin (ML) stock is 13.44 as of October 13, 2025.
Does Michelin stock pay dividends?
Yes, the Michelin (ML) stock pays dividends to shareholders. As of October 13, 2025, the dividend rate is €1.38 and the yield is 4.69%. 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.