Michelin/€ML
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
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
- 116,600
- Headquarters
- Clermont-Ferrand, France
- Website
- www.michelin.com
Michelin Metrics
BasicAdvanced
€21B
14.04
€2.25
1.02
€1.38
4.37%
Price and volume
Market cap
€21B
Beta
1.02
52-week high
€35.56
52-week low
€26.90
Average daily volume
1.6M
Dividend rate
€1.38
Financial strength
Current ratio
1.651
Quick ratio
0.833
Long term debt to equity
0.325
Total debt to equity
0.454
Dividend payout ratio (TTM)
59.05%
Interest coverage (TTM)
10.89%
Profitability
EBITDA (TTM)
4,454
Gross margin (TTM)
27.39%
Net profit margin (TTM)
6.21%
Operating margin (TTM)
10.40%
Effective tax rate (TTM)
27.06%
Revenue per employee (TTM)
€220,000
Management effectiveness
Return on assets (TTM)
4.67%
Return on equity (TTM)
9.02%
Valuation
Price to earnings (TTM)
14.039
Price to revenue (TTM)
0.855
Price to book
1.22
Price to tangible book (TTM)
1.73
Price to free cash flow (TTM)
9.545
Free cash flow yield (TTM)
10.48%
Free cash flow per share (TTM)
3.31
Dividend yield (TTM)
4.37%
Forward dividend yield
4.37%
Growth
Revenue change (TTM)
-4.07%
Earnings per share change (TTM)
2.92%
3-year revenue growth (CAGR)
-4.42%
10-year revenue growth (CAGR)
2.02%
3-year earnings per share growth (CAGR)
-12.07%
10-year earnings per share growth (CAGR)
3.13%
3-year dividend per share growth (CAGR)
3.35%
10-year dividend per share growth (CAGR)
6.83%
What the Analysts think about Michelin
Analyst ratings (Buy, Hold, Sell) for Michelin stock.
Analyst projections of the future price of Michelin stock.
Bulls say / Bears say
Michelin is still growing profit and cash generation in a difficult market: first-half segment operating income rose 7% at constant scope and exchange rates, and its margin reached 11.4%. It kept its 2026 targets, including more than €1.6 billion of free cash flow before acquisitions. (Michelin)
The premium brand is supporting pricing power: Michelin-brand replacement volumes grew 4% through September, while favourable product mix added 1.6% and pricing turned positive in the third quarter. (Michelin)
There are early signs that heavy-truck demand is recovering: Transportation revenue rose 1.7% in the third quarter, as North American original-equipment sales improved alongside a recovery in Class 8 truck orders and production. (Michelin)
Weak vehicle production is weighing on original-equipment demand: the global passenger-car tyre market was down 1% through September and China was down 7%; Michelin said lower original-equipment sales drove its overall tyre-volume decline. (Michelin)
Data summarised monthly by Lightyear AI. Last updated on 20 Oct 2026.
Michelin Financial Performance
Revenues and expenses
Michelin Earnings Performance
Company profitability
Upcoming events
No upcoming events
Funds containing Michelin
AllEURUSDGBP
Fund name | Fund size | €ML weighting |
|---|---|---|
iShares STOXX Europe 600 Automobiles & Parts€EXV5 | €182M | 13.42% |
Amundi CAC 40€C40 | €999M | 1.59% |
iShares MSCI Europe SRI£IESG | €3.2B | 0.63% |
iShares MSCI Europe SRI€IESE | €3.2B | 0.63% |
HSBC MSCI Europe Islamic Screened$HIEU | €144M | 0.55% |
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.