See more : HTG Molecular Diagnostics, Inc. (HTGM) 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 |
Michelin : Disclosure of trading in own shares - March 21st 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 : March 21st, 2024 Issuer Name Issuer code Transaction date...
Michelin (MGDDY) Upgraded to Strong Buy: Here's Why
Michelin (MGDDY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Michelin : Disclosure of trading in own shares - March 13th 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 : March 12th, 2024 Issuer Name Issuer code Transaction date...
Compagnie Générale des Établissements Michelin Société en commandite par actions (MGDDF) Q4 2023 Earnings Call Transcript
Compagnie Générale des Établissements Michelin Société en commandite par actions (MGDDF) Q4 2023 Earnings Call Transcript
Michelin to Buy Back Shares After Flat 2023 Earnings
The French tire maker said the share buyback could be worth up to €1 billion over the 2024-2026 period. It also declared an €1.35 dividend for the year.
Here's Why Michelin (MGDDY) is a Great Momentum Stock to Buy
Does Michelin (MGDDY) have what it takes to be a top stock pick for momentum investors? Let's find out.
Compagnie Générale des Établissements Michelin Société en commandite par actions (MGDDF) Q2 2023 Earnings Call Transcript
Compagnie Générale des Établissements Michelin Société en commandite par actions (OTCPK:MGDDF) Q2 2023 Earnings Call Transcript July 26, 2023 12:30 PM ET Company Participants Florent Menegaux - Chief Executive Officer Yves Chapot - General Manager and Group CFO Conference Call...
4 Ideal Barron's Mid-Year 2023 Dividend Dog Buys
Barron's Mid-Year Roundtable, Published July 17, listed 40 stocks of note for 2023; 38 of those were unduplicated US publicly-listed companies, of-which YCharts reported 25 as paying dividends. Barron's interviews with their ten financial-industry Roundtable pros tapped human intelligence (HI)...
Michelin: Latest Acquisitions Will Likely Drive Competitive Advantage
Michelin is advancing with a clear M&A strategy to diversify sales and offset raw material inflationary pressure, focusing on digital transformation. The company's recent acquisitions include RoadBotics, a start-up specializing in road infrastructure image analysis, and sophisticated simulation software for...
Compagnie Générale des Établissements Michelin Société en commandite par actions (MGDDF) Q4 2022 Earnings Call Transcript
Compagnie Générale des Établissements Michelin Société en commandite par actions (OTCPK:MGDDF) Q4 2022 Results Conference Call February 13, 2023 12:30 PM ET Company Participants Florent Menegaux - CEO Yves Chapot - General Manager, CFO Conference Call Participants Thomas Besson -...
Source: https://incomestatements.info
Category: Stock Reports