La Compagnie Générale des Établissements Michelin
France · FR001400AJ45 · reports in EUR · Europe
The answers
From the annual report for the year to Dec 31, 2025. Each line says what it is based on.
- Is it growing?Fair
- Revenue −4.4% in the year to Dec 31, 2025, on the year before.
- Is it a good business?Fair
- It earned 9.2% on its shareholders' equity in the year to Dec 31, 2025.
- Is it safe?Good
- Equity is 52% of its assets, and operations brought in cash in the year.
- Is the price fair?n/a
- Not answered: no exchange publishes this company's price for free reuse, so there is no P/E here.
The year
Year to Dec 31, 2025, consolidated, in EUR.
revenue
operating margin
net profit
Year by year
As filed; an earlier year can differ from its own report when the company restated it.
| Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 | |
|---|---|---|---|---|
| Revenue | €28.6B | €28.3B | €27.2B | €26.0B |
| Operating profit | €3.0B | €2.7B | €2.6B | €2.4B |
| Net profit to shareholders | €2.0B | €2.0B | €1.9B | €1.7B |
| Earnings per share | €2.81 | €2.77 | €2.65 | €2.36 |
| Dividend per share | n/a | €1.25 | n/a | €1.38 |
| Cash from operations | €1.9B | €5.3B | €4.3B | €3.8B |
| Cash | €2.6B | €2.5B | €3.9B | €3.9B |
| Total assets | €35.3B | €35.2B | €37.4B | €35.0B |
| Equity | €17.1B | €18.0B | €18.6B | €18.1B |
What they do
In the company's own words, from the annual report.
La Compagnie Générale des Établissements Michelin (CGEM ou la « Société ») et ses filiales (formant ensemble le « Groupe ») conçoivent, fabriquent et commercialisent des pneus dans le monde entier. Le Groupe propose également à ses clients des services et solutions autour du pneu et des véhicules, des expériences de mobilité ainsi qu’une expertise dans le domaine des Solutions de Polymères Composites.
Source: the company’s annual financial report in ESEF, via filings.xbrl.org (XBRL International). Listed shares from ESMA’s FIRDS register; ESMA does not endorse this site. Ryufin computed the answers and ratios from the filed figures.