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Michelin/€ML
08:00
09:15
10:30
11:45
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1D1W1MYTD1Y5YMAX
About Michelin
Cie Generale des Etablissements Michelin SCA, known as Michelin, is a France-based company primarily involved in the manufacture and sale of tires. Operating within the automotive sector, Michelin produces tires for a wide range of vehicles including automobiles, trucks, motorcycles, and aircraft, among others. Founded in 1889, the company has grown to become a leading global player in tire technology and production.
Ticker
€ML
Sector
Trading on
PAR
Industry
Automobile Components
Headquarters
Employees
125,600
Website
Michelin Metrics
BasicAdvanced
€22B
Market cap
11.97
P/E ratio
€2.66
EPS
0.94
Beta
€1.35
Dividend rate
4.24%
Dividend yield
Price and volume
Market cap
€22B
Beta
0.94
52-week high
€38.52
52-week low
€30.06
Average daily volume
1.5M
Dividend rate
€1.35
Financial strength
Current ratio
1.824
Quick ratio
0.864
Long term debt to equity
35.708
Total debt to equity
43.375
Dividend payout ratio (TTM)
50.00%
Interest coverage (TTM)
13.88%
Management effectiveness
Return on assets (TTM)
5.94%
Return on equity (TTM)
10.94%
Valuation
Price to earnings (TTM)
11.968
Price to revenue (TTM)
0.819
Price to book
1.26
Price to tangible book (TTM)
1.73
Price to free cash flow (TTM)
7.732
Dividend yield (TTM)
4.24%
Forward dividend yield
4.24%
Growth
Revenue change (TTM)
-5.57%
Earnings per share change (TTM)
-19.65%
3-year revenue growth (CAGR)
7.55%
3-year earnings per share growth (CAGR)
2.23%
3-year dividend per share growth (CAGR)
32.91%
What the Analysts think about Michelin
Analyst Ratings
Analyst ratings (Buy, Hold, Sell) for Michelin stock.
Michelin Financial Performance
Income Statement
Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%
Michelin Earnings Performance
Earnings per share (EPS)
Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Michelin News
AllArticlesVideos
Compagnie Générale des Établissements Michelin Société en commandite par actions (MGDDF) Q3 2024 Earnings Call Transcript
Seeking Alpha·2 months ago
Michelin : Disclosure of trading in own shares - October 21, 2024
GlobeNewsWire·2 months ago
Michelin : Disclosure of trading in own shares - October 17, 2024
GlobeNewsWire·2 months ago
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
FAQs
What’s the current market cap for Michelin stock?
Michelin (ML) has a market cap of €22B as of December 24, 2024.
What is the P/E ratio for Michelin stock?
The price to earnings (P/E) ratio for Michelin (ML) stock is 11.97 as of December 24, 2024.
Does Michelin stock pay dividends?
Yes, the Michelin (ML) stock pays dividends to shareholders. As of December 24, 2024, the dividend rate is €1.35 and the yield is 4.24%. Michelin has a payout ratio of 50% 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 0.94. 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.