Michelin
One of the world's leading tyre manufacturers.
Launch date
Employees
Market cap
CAD37.6b
Enterprise valuation
CAD43.8b (Public information from Sep 2024)
Share price
$38.58 MGDDF
Clermont-Ferrand Auvergne-Rhône-Alpes (HQ)
Financials
Estimates*
EUR | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 20.5b | 23.8b | 28.6b | 28.3b | 27.8b | 28.7b | 29.6b |
% growth | (15 %) | 16 % | 20 % | (1 %) | (2 %) | 3 % | 3 % |
EBITDA | 3.4b | 4.7b | 5.0b | 5.7b | 5.5b | 5.7b | 6.3b |
% EBITDA margin | 17 % | 20 % | 17 % | 20 % | 20 % | 20 % | 21 % |
Profit | 632m | 1.8b | 2.0b | 2.0b | 2.4b | 2.5b | 2.8b |
% profit margin | 3 % | 8 % | 7 % | 7 % | 8 % | 9 % | 9 % |
EV / revenue | 1.1x | 1.2x | 0.8x | 0.9x | 1.0x | 1.0x | 0.9x |
EV / EBITDA | 6.5x | 6.1x | 4.6x | 4.7x | 5.2x | 4.8x | 4.3x |
R&D budget | 646m | 682m | 698m | 756m | - | - | - |
R&D % of revenue | 3 % | 3 % | 2 % | 3 % | - | - | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
N/A | N/A | IPO | |
* | N/A | €1.0b | Post IPO Debt |
Total Funding | - |
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Recent News about Michelin
EditInvestments analysisEdit
ACQUISITION by Michelin Apr 2015
ACQUISITION by Michelin May 2015
ACQUISITION by Michelin Oct 2017
ACQUISITION by Michelin Jan 2016
ACQUISITION by Michelin May 2019
ACQUISITION by Michelin Nov 2019
ACQUISITION by Omnitracs Sep 2020
ACQUISITION by Michelin May 2019