Compagnie Générale des Établissements Michelin Société en commandite par actions (MGDDY) Income Statement Analysis

See more : AgriFORCE Growing Systems Ltd. (AGRI) 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.

You may be interested

Compagnie Générale des Établissements Michelin Société en commandite par actions (MGDDY)

Industry: Auto - Parts

Sector: Consumer Cyclical

Website: https://www.michelin.com

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

What Makes Michelin (MGDDY) a Good Fit for "Trend Investing"

August 19, 2021zacks.com

If you are looking for stocks that are well positioned to maintain their recent uptrend, Michelin (MGDDY) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.

Michelin: 2021 First-Half Financial Report

July 26, 2021globenewswire.com

Michelin First Half Financial Report Enclosed to this document.

Rubber Stocks: The ‘Apocalypse' Report That Should Have TSE, BERY and MGDDY Stocks on Watch

July 9, 2021investorplace.com

Today, rubber stocks are on the move as a key report highlights some intriguing supply and demand considerations for investors. The post Rubber Stocks: The ‘Apocalypse' Report That Should Have TSE, BERY and MGDDY Stocks on Watch appeared first on...

Michelin (MGDDY) Is a Great Choice for "Trend" Investors, Here's Why

June 21, 2021zacks.com

Here's Why Momentum in Michelin (MGDDY) Should Keep going

May 20, 2021zacks.com

Michelin's first quarter sales edge up as demand recovers

April 26, 2021reuters.com

Tyre maker Michelin reported on Monday that sales grew in January-March, the first quarterly growth since the fourth quarter of 2019, before the pandemic.

Michelin looks beyond tyres to help drive growth

April 8, 2021reuters.com

France's Michelin plans to add about 14 billion euros ($17 billion) to its annual revenues by 2030, by recovering from a pandemic-induced slowdown and diversifying beyond its tyre-making heritage into new activities including hydrogen power and medical devices.

Michelin plans to scrap up to 2,300 jobs over three years, no layoffs

January 6, 2021reuters.com

French tyre maker Michelin said on Wednesday it would cut its workforce by up to 2,300 jobs over three years as part of a new simplification and competitiveness plan in France.