Michelin
One of the world's leading tyre manufacturers.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| N/A | €0.0 | round | |
* | N/A | €1.0b | Post IPO Debt |
| Total Funding | 000k | ||
| EUR | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 16 % | 20 % | (1 %) | (4 %) | (1 %) | 3 % | 3 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 20 % | 17 % | 20 % | 20 % | 19 % | 21 % | 21 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 8 % | 7 % | 7 % | 7 % | 8 % | 9 % | 9 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| R&D % of revenue | 3 % | 2 % | 3 % | 3 % | - | - | - |
Source: Company filings or news article, Equity research estimates
Related Content
Compagnie Générale des Établissements Michelin S.C.A. (Michelin) is a global tire manufacturer. The company's business is segmented into three primary categories: automotive, road transportation, and specialty businesses. The automotive segment caters to passenger cars, light trucks, and two-wheeled vehicles, serving both original equipment manufacturers (OEMs) and the replacement market. The road transportation division focuses on trucks, buses, and other commercial vehicles, providing tires and related services to fleet operators and individual owners. The specialty businesses segment encompasses a diverse range of products, including aircraft tires, mining equipment tires, and agricultural tires.
In addition to its core tire manufacturing operations, Michelin has expanded its offerings to include a range of mobility-related services. The company's digital services, such as ViaMichelin, provide route planning, mapping, and traffic information to consumers. Furthermore, the Michelin Guide, a renowned publication in the culinary world, offers restaurant and hotel recommendations, which contributes to the company's brand recognition and provides a unique marketing platform.
Michelin's business model is centered on a combination of product sales and service provisions. The company generates revenue through the sale of tires to a global network of distributors, retailers, and OEMs. Additionally, Michelin derives income from its service offerings, including fleet management solutions and the sale of its guidebooks and related digital content. The company's target market is broad, encompassing individual consumers, commercial fleet operators, and industrial clients across various sectors.
Keywords: Tire manufacturing, mobility solutions, automotive industry, road transportation, specialty tires, digital services, fleet management, culinary guide, global operations, B2B and B2C.
