Compagnie Generale des Etablissements Michelin SCA

Common Name

Michelin

Country

France

Sector

Basic Materials

Industry

Specialty Chemicals

Employees

N/A

Ticker

Exchange

Euronext Paris

Website

www.michelin.fr

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 ... Show more

Income Statement Balance Sheet

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	2,829^a	2,982^a
Intangible assets	2,120^a	1,794^a
Property, plant and equipment (PP&E)	12,750^a	12,260^a
Right-of-use assets	1,232^a	1,082^a
Non-current financial assets and other non-current assets	1,151^a	1,605^a
Investments in equity-accounted companies	849^a	871^a
Deferred tax assets	1,081^a	932^a
Non-current assets	22,013^a	21,526^a
Inventories	5,699^a	5,447^a
Trade receivables	3,595^a	3,850^a
Current financial assets	544^a	512^a
Other current assets	1,564^a	1,345^a
Cash and cash equivalents	3,936^a	2,515^a
Current assets	15,339^a	13,669^a
Total assets	37,352^a	35,195^a
Share capital	353^a	357^a
Share premiums	2,326^a	2,702^a
Reserves	15,946^a	14,896^a
Non-controlling interests	9^a	3^a
Total equity	18,634^a	17,958^a
Non-current financial liabilities	4,934^a	4,672^a
Non-current lease liabilities	872^a	738^a
Provisions for employee benefit obligations	2,730^a	2,726^a
Provisions and other non-current liabilities	928^a	860^a
Deferred tax liabilities	544^a	497^a
Non-current liabilities	10,008^a	9,493^a
Current financial liabilities	1,375^a	591^a
Current lease liabilities	258^a	241^a
Trade payables	3,086^a	3,075^a
Trade payables under reverse factoring agreements	689^a	530^a
Provisions and other current liabilities	3,302^a	3,307^a
Current liabilities	8,710^a	7,744^a
Total equity and liabilities	37,352^a	35,195^a

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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.

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

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