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Compagnie Generale des Etablissements Michelin SCA

Common Name
Michelin
Country
France
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
N/A
Ticker
ML
Exchange
EURONEXT
Description
Compagnie Générale des Etablissements Michelin is a French multinational tire manufacturer headquartered in Clermont-Ferrand, recognized as one of the world's largest producers by annual revenue. The ...

Michelin's Financial Statements Preview

Below are the financial statements of Michelin, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

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All figures in millions of EUR
2024 as of 2024-12-31
2023 as of 2023-12-31
Goodwill
2,829a
2,982a
Intangible assets
2,120a
1,794a
Property, plant and equipment (PP&E)
12,750a
12,260a
Right-of-use assets
1,232a
1,082a
Non-current financial assets and other non-current assets
1,151a
1,605a
Investments in equity-accounted companies
849a
871a
Deferred tax assets
1,081a
932a
Non-current assets
22,013a
21,526a
Inventories
5,699a
5,447a
Trade receivables
3,595a
3,850a
Current financial assets
544a
512a
Other current assets
1,564a
1,345a
Cash and cash equivalents
3,936a
2,515a
Current assets
15,339a
13,669a
Total assets
37,352a
35,195a
Share capital
353a
357a
Share premiums
2,326a
2,702a
Reserves
15,946a
14,896a
Non-controlling interests
9a
3a
Total equity
18,634a
17,958a
Non-current financial liabilities
4,934a
4,672a
Non-current lease liabilities
872a
738a
Provisions for employee benefit obligations
2,730a
2,726a
Provisions and other non-current liabilities
928a
860a
Deferred tax liabilities
544a
497a
Non-current liabilities
10,008a
9,493a
Current financial liabilities
1,375a
591a
Current lease liabilities
258a
241a
Trade payables
3,086a
3,075a
Trade payables under reverse factoring agreements
689a
530a
Provisions and other current liabilities
3,302a
3,307a
Current liabilities
8,710a
7,744a
Total equity and liabilities
37,352a
35,195a
Limited Data Preview
You are viewing a limited preview of Michelin’s balance sheet data. The reported financial values are complete. The full dataset, available for download, additionally includes structured metadata for each line item, such as line item role (line item, subtotal, total) and financial classification (e.g., assets, liabilities, equity, revenue, expenses).
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Verified Sources Behind Michelin’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Michelin’s data sources below and access millions more through our Disclosure Search.

a. Michelin's Universal Registration Document (URD) 2024
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