See more : Coolpad Group Limited (2369.HK) Income Statement Analysis – Financial Results
Complete financial analysis of Compagnie Générale des Établissements Michelin Société en commandite par actions (MGDDY) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Compagnie Générale des Établissements Michelin Société en commandite par actions, a leading company in the Auto – Parts industry within the Consumer Cyclical sector.
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Compagnie Générale des Établissements Michelin Société en commandite par actions (MGDDY)
About Compagnie Générale des Établissements Michelin Société en commandite par actions
Compagnie Générale des Établissements Michelin Société en commandite par actions manufactures and sells tires worldwide. The company offers tires for private use covering cars, racing, biking, motorcycles, scooters, and mopeds; and professional use, such as freight and people transport, agriculture, construction and industrial, mining and quarries, corporate fleets, tradesmen and professionals, civil and military operations, light rail, and aircraft. It is also involved in the provision of tire-related services, including development of mobility solutions for fleet managers, vehicle manufacturers, farmers, distributors, and individuals; mobility services, such as road maps, mobile apps, itineraries, and travel guides; lifestyle products comprising car and bike accessories, shoe soles, and sports and leisure gears; and high-tech materials that include 3D metal printing, specialty, rubber, biosourced, and recycled materials. Compagnie Générale des Établissements Michelin Société en commandite par actions was incorporated in 1863 and is based in Clermont-Ferrand, France.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 28.34B | 28.59B | 23.80B | 20.47B | 24.14B | 22.03B | 21.96B | 20.91B | 21.20B | 19.55B | 20.25B | 21.47B | 20.72B | 17.89B | 14.81B | 16.41B | 16.87B | 16.38B | 15.59B | 15.05B | 15.37B | 15.65B |
| Cost of Revenue | 20.40B | 21.05B | 16.81B | 14.75B | 17.05B | 14.91B | 14.82B | 13.81B | 14.24B | 13.30B | 13.84B | 14.76B | 14.82B | 12.40B | 10.53B | 12.02B | 11.82B | 11.65B | 10.84B | 10.21B | 5.37B | 5.29B |
| Gross Profit | 7.95B | 7.54B | 6.99B | 5.72B | 7.08B | 7.12B | 7.15B | 7.10B | 6.96B | 6.25B | 6.41B | 6.71B | 5.90B | 5.49B | 4.28B | 4.38B | 5.05B | 4.73B | 4.76B | 4.84B | 10.00B | 10.35B |
| Gross Profit Ratio | 28.04% | 26.37% | 29.35% | 27.92% | 29.34% | 32.30% | 32.54% | 33.95% | 32.84% | 31.98% | 31.64% | 31.25% | 28.47% | 30.67% | 28.91% | 26.72% | 29.94% | 28.88% | 30.50% | 32.14% | 65.04% | 66.18% |
| Research & Development | 756.00M | 698.00M | 682.00M | 646.00M | 687.00M | 648.00M | 641.00M | 718.00M | 689.00M | 656.00M | 643.00M | 622.00M | 592.00M | 545.00M | 506.00M | 499.00M | 571.00M | 591.00M | 565.00M | 576.00M | 0.00 | 0.00 |
| General & Administrative | 2.34B | 2.24B | 2.14B | 1.87B | 1.99B | 1.83B | 1.87B | 1.76B | 1.71B | 1.60B | 1.52B | 1.47B | 1.39B | 1.24B | 1.11B | 1.16B | 937.00M | -834.00M | -776.00M | -911.00M | 5.00B | 5.15B |
| Selling & Marketing | 1.21B | 1.17B | 1.13B | 1.20B | 1.38B | 1.86B | 1.86B | 1.91B | 1.93B | 1.84B | 1.97B | 2.07B | 1.94B | 1.85B | 1.65B | 1.73B | 1.80B | 1.80B | 1.78B | 1.90B | 0.00 | 0.00 |
| SG&A | 3.55B | 3.42B | 3.27B | 3.06B | 3.37B | 3.69B | 3.73B | 3.67B | 3.64B | 3.44B | 3.49B | 3.54B | 3.33B | 3.08B | 2.76B | 2.89B | 2.74B | 965.00M | 999.00M | 986.00M | 5.00B | 5.15B |
| Other Expenses | 994.00M | -17.00M | -41.00M | -31.00M | -19.00M | -5.00M | -25.00M | -99.00M | -86.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -5.00M | -16.00M | 0.00 | -16.00M | -24.00M | 38.00M | 0.00 | 0.00 |
| Operating Expenses | 5.30B | 4.41B | 4.01B | 3.97B | 4.07B | 4.38B | 4.40B | 4.10B | 4.37B | 4.25B | 4.19B | 4.25B | 3.95B | 3.79B | 3.83B | 3.54B | 3.73B | 3.66B | 3.19B | 3.57B | 8.85B | 9.13B |
| Cost & Expenses | 25.69B | 25.46B | 20.82B | 18.72B | 21.12B | 19.30B | 19.21B | 17.91B | 18.60B | 17.55B | 18.03B | 19.01B | 18.77B | 16.20B | 14.35B | 15.57B | 15.55B | 15.31B | 14.03B | 13.78B | 14.23B | 14.42B |
| Interest Income | 161.00M | 12.00M | 7.00M | 18.00M | 4.00M | 2.00M | 5.00M | 6.00M | 9.00M | 13.00M | 11.00M | 22.00M | 21.00M | 10.00M | 5.00M | 6.00M | 29.00M | 17.00M | 47.00M | 0.00 | 0.00 | 0.00 |
| Interest Expense | 387.00M | 348.00M | 256.00M | 286.00M | 396.00M | 285.00M | 275.00M | 336.00M | 342.00M | 280.00M | 276.00M | 193.00M | 206.00M | 236.00M | 221.00M | 330.00M | 294.00M | 254.00M | 254.00M | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 2.01B | 1.94B | 1.81B | 1.84B | 1.85B | 1.38B | 1.35B | 1.39B | 1.36B | 1.12B | 1.05B | 1.02B | 933.00M | 965.00M | 940.00M | 928.00M | 823.00M | 871.00M | 803.00M | 791.00M | 1.16B | 943.11M |
| EBITDA | 4.89B | 4.95B | 4.54B | 3.44B | 4.48B | 4.01B | 3.98B | 3.95B | 3.81B | 3.05B | 3.03B | 3.55B | 3.16B | 2.70B | 1.38B | 1.78B | 2.19B | 1.90B | 2.36B | 1.78B | 2.31B | 2.17B |
| EBITDA Ratio | 17.24% | 17.40% | 19.76% | 16.80% | 19.95% | 18.35% | 18.62% | 20.98% | 18.55% | 15.58% | 16.04% | 16.29% | 15.13% | 15.09% | 9.31% | 10.84% | 12.97% | 11.62% | 15.08% | 11.98% | 15.00% | 13.86% |
| Operating Income | 2.65B | 3.02B | 2.78B | 1.40B | 2.69B | 2.55B | 2.63B | 2.79B | 2.21B | 1.99B | 1.97B | 2.47B | 1.95B | 1.70B | 450.00M | 843.00M | 1.32B | 1.12B | 1.57B | 1.24B | 1.14B | 1.23B |
| Operating Income Ratio | 9.36% | 10.57% | 11.67% | 6.85% | 11.15% | 11.58% | 11.98% | 13.35% | 10.41% | 10.18% | 9.75% | 11.50% | 9.39% | 9.47% | 3.04% | 5.14% | 7.82% | 6.82% | 10.10% | 8.23% | 7.44% | 7.83% |
| Total Other Income/Expenses | -162.00M | -365.00M | -306.00M | -424.00M | -455.00M | -320.00M | -277.00M | -327.00M | -338.00M | -340.00M | -272.00M | -337.00M | 51.00M | -197.00M | -243.00M | -323.00M | -248.00M | -176.00M | -274.00M | -254.00M | -1.14B | -1.23B |
| Income Before Tax | 2.49B | 2.66B | 2.47B | 979.00M | 2.24B | 2.23B | 2.35B | 2.46B | 1.87B | 1.65B | 1.70B | 2.31B | 2.00B | 1.50B | 207.00M | 520.00M | 1.07B | 942.00M | 1.30B | 985.00M | 0.00 | 0.00 |
| Income Before Tax Ratio | 8.79% | 9.29% | 10.38% | 4.78% | 9.26% | 10.12% | 10.72% | 11.79% | 8.82% | 8.44% | 8.41% | 10.74% | 9.63% | 8.37% | 1.40% | 3.17% | 6.35% | 5.75% | 8.34% | 6.55% | 0.00% | 0.00% |
| Income Tax Expense | 507.00M | 647.00M | 626.00M | 354.00M | 506.00M | 570.00M | 661.00M | 797.00M | 706.00M | 620.00M | 575.00M | 736.00M | 534.00M | 449.00M | 103.00M | 163.00M | 299.00M | 369.00M | 411.00M | 331.00M | 261.44M | 382.46M |
| Net Income | 1.98B | 2.00B | 1.84B | 632.00M | 1.74B | 1.67B | 1.69B | 1.66B | 1.16B | 1.03B | 1.12B | 1.48B | 1.45B | 1.09B | 106.00M | 360.00M | 774.00M | 572.00M | 889.00M | 645.00M | 881.64M | 842.74M |
| Net Income Ratio | 7.00% | 7.00% | 7.75% | 3.09% | 7.21% | 7.56% | 7.69% | 7.96% | 5.47% | 5.24% | 5.53% | 6.89% | 7.01% | 6.06% | 0.72% | 2.19% | 4.59% | 3.49% | 5.70% | 4.29% | 5.74% | 5.39% |
| EPS | 2.75 | 2.81 | 2.58 | 0.88 | 2.42 | 1.16 | 1.17 | 1.15 | 0.79 | 0.69 | 0.76 | 1.02 | 1.02 | 0.88 | 0.09 | 0.30 | 0.64 | 0.48 | 0.74 | 0.54 | 0.74 | 0.52 |
| EPS Diluted | 2.76 | 2.79 | 2.56 | 0.88 | 2.41 | 1.16 | 1.17 | 1.13 | 0.77 | 0.68 | 0.75 | 1.00 | 1.00 | 0.86 | 0.09 | 0.30 | 0.63 | 0.48 | 0.74 | 0.54 | 0.74 | 0.52 |
| Weighted Avg Shares Out | 721.09M | 712.36M | 713.45M | 713.24M | 718.05M | 1.43B | 1.44B | 1.45B | 1.48B | 1.49B | 1.47B | 1.45B | 1.43B | 1.22B | 1.21B | 1.20B | 1.19B | 1.19B | 1.19B | 1.19B | 1.19B | 0.00 |
| Weighted Avg Shares Out (Dil) | 719.64M | 717.25M | 718.32M | 716.68M | 720.61M | 1.44B | 1.45B | 1.50B | 1.53B | 1.54B | 1.53B | 1.51B | 1.49B | 1.28B | 1.21B | 1.20B | 1.24B | 1.19B | 1.19B | 1.19B | 1.19B | 0.00 |
Compagnie Générale des Établissements Michelin Société en commandite par actions (MGDDF) Q3 2024 Earnings Call Transcript
Compagnie Générale des Établissements Michelin Société en commandite par actions (OTCPK:MGDDF) Q3 2024 Earnings Conference Call October 23, 2024 12:30 PM ET Company Participants Yves Chapot - General Manager and Group Chief Financial Officer Conference Call Participants Thomas Besson -...
Michelin : Disclosure of trading in own shares - October 21, 2024
23, Place des Carmes-Déchaux - 63000 CLERMONT-FERRAND Information about securities repurchasing program Regulated informationIssuer social denomination: Michelin – LEI 549300SOSI58J6VIW052 Types of securities: ordinary shares – Code ISIN FR 0000121261Date : October 21th, 2024 Issuer Name Issuer code Transaction date...
Michelin : Disclosure of trading in own shares - October 17, 2024
23, Place des Carmes-Déchaux - 63000 CLERMONT-FERRAND Informations sur les opérations réalisées dans le cadre d'un programme de rachat d'actions, hors contrat de liquidité Information réglementée Dénomination sociale de l'émetteur : Michelin – LEI 549300SOSI58J6VIW052Référence de l'instrument financier : Actions...
Michelin : Disclosure of trading in own shares - October 16, 2024
23, Place des Carmes-Déchaux - 63000 CLERMONT-FERRAND Information about securities repurchasing program Regulated informationIssuer social denomination: Michelin – LEI 549300SOSI58J6VIW052 Types of securities: ordinary shares – Code ISIN FR 0000121261Date : October 16th, 2024 Issuer Name Issuer code Transaction date...
Michelin : Disclosure of trading in own shares - October 9, 2024
23, Place des Carmes-Déchaux - 63000 CLERMONT-FERRAND Information about securities repurchasing program Regulated informationIssuer social denomination: Michelin – LEI 549300SOSI58J6VIW052 Types of securities: ordinary shares – Code ISIN FR 0000121261Date : October 09th, 2024 Issuer Name Issuer code Transaction date...
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Michelin : Disclosure of trading in own shares - October 2, 2024
23, Place des Carmes-Déchaux - 63000 CLERMONT-FERRAND Information about securities repurchasing program Regulated informationIssuer social denomination: Michelin – LEI 549300SOSI58J6VIW052 Types of securities: ordinary shares – Code ISIN FR 0000121261Date : October 02th, 2024 Issuer Name Issuer code Transaction date...
Michelin : Disclosure of trading in own shares - September 25, 2024
23, Place des Carmes-Déchaux - 63000 CLERMONT-FERRAND Information about securities repurchasing program Regulated informationIssuer social denomination: Michelin – LEI 549300SOSI58J6VIW052 Types of securities: ordinary shares – Code ISIN FR 0000121261Date : September 25th, 2024 Issuer Name Issuer code Transaction date...
Tire Producers: Healthy Dividends With Defensive History
The tire manufacturing industry deserves the attention of defense minded investors looking for safe yield. Tire manufacturers' revenue and margins have been broadly stable through recent economic upsets; a tire's limited service life is independent of economic cycles. Five tire...
Source: https://incomestatements.info
Category: Stock Reports