Michelin/€ML
1D1W1MYTD1Y5YMAX
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
€23B
15.31
€2.25
1.02
€1.38
4.01%
Price and volume
Market cap
€23B
Beta
1.02
52-week high
€35.56
52-week low
€25.51
Average daily volume
1.4M
Dividend rate
€1.38
Financial strength
Current ratio
1.651
Quick ratio
0.833
Long term debt to equity
32.511
Total debt to equity
45.432
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)
15.308
Price to revenue (TTM)
0.932
Price to book
1.34
Price to tangible book (TTM)
1.9
Price to free cash flow (TTM)
10.408
Free cash flow yield (TTM)
9.61%
Free cash flow per share (TTM)
3.31
Dividend yield (TTM)
4.01%
Forward dividend yield
4.01%
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's H1 segment operating income rose to €1.45 billion, beating analysts' consensus of €1.40 billion and highlighting resilient margin expansion. (Reuters)
Michelin's Passenger Car & Light Truck tire volumes grew 1% in Q1 2026, led by a 6% rise in Michelin-brand replacement volumes, indicating market share gains. (Michelin)
Polymer Composite Solutions revenue rose 5.1% in Q1 2026, driven by integration of Cooley Group and Flexitallic acquisition, diversifying and boosting high-margin businesses. (GlobeNewswire)
First-half 2026 reported sales declined by 2.6% to €12.7 billion as negative currency effects more than offset modest underlying growth. (Reuters)
The conflict in the Middle East is expected to add approximately €400 million in energy, raw material and logistics costs in 2026, pressuring profitability. (Reuters)
Michelin reported supplier visibility shrank to one to two months due to supply chain disruptions, limiting its ability to rebuild strategic inventories and increasing shortage risks. (Reuters)
Data summarised monthly by Lightyear AI. Last updated on 4 Sept 2026.
Michelin Financial Performance
Revenues and expenses
Michelin Earnings Performance
Company profitability
Upcoming events
No upcoming events
Funds containing Michelin
AllEURGBPUSD
Fund name | Fund size | €ML weighting |
|---|---|---|
iShares STOXX Europe 600 Automobiles & Parts€EXV5 | €175M | 13.85% |
Amundi CAC 40€C40 | €999M | 1.59% |
iShares MSCI Europe SRI£IESG | £2.6B | 0.71% |
iShares MSCI Europe SRI€IESE | €3.1B | 0.69% |
iShares Edge MSCI Europe Value Factor€CEMS | €2.6B | 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.