Michelin (ML)

Industry Auto Parts

This stock can be held in an Investment ISA and an Investment Account

Sell

€28.22

Buy

€28.23

arrow-down€-0.13 (-0.46%)

Prices updated at 19 Dec 2025, 14:34 CET

Prices minimum 15 mins delay

Prices in EUR

Cie Generale des Etablissements Michelin SA is a tire manufacturer providing its products for cars, vans, trucks, farm machinery, earthmovers, motorcycles, scooters, bicycles, aircraft, subway trains and tramways.

FTSE EuroFirst 300

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Important documents: Please ensure that you have read the Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and

Our Investment Fees and Charges.

Income statement

Year chevron-l-regular chevron-r-regular	2023	2024
	28,343m	27,193m
	7,948m	7,748m
	3,446m	3,187m
	12.16	11.72
	1,983m	1,884m
	4,885m	4,825m
Sales, General and administrative	3,546m	3,494m
Interest expenses	387m	295m
Provision for income taxes	507m	555m
Operating expenses	4,502m	4,561m
Income before taxes	2,490m	2,445m
Net income available to common shareholders	1,980m	1,882m
	2.77	2.65
Net interest income	-226m	-171m
Advertising and promotion	-	-
Net investment income, net	-87m	-37m
Realised capital gains (losses), net	-	-
Total benefits, claims and expenses	-	-
Earnings per share (diluted)	2.75	2.62
Free cash flow per share	2.1902	4.0294
Book value/share	24.2839	25.2867
Debt equity ratio	0.301086	0.309745

Balance sheet

Year chevron-l-regular chevron-r-regular	2023	2024
Current assets	13,669m	15,339m
Current liabilities	7,744m	8,710m
Total capital	22,623m	23,522m
Total debt	6,222m	7,369m
Total equity	17,955m	18,625m
Total non current liabilities	-	-
Loans	4,668m	4,897m
Total assets	35,195m	37,352m
Total liabilities	-	-
Cash and cash equivalents	2,515m	3,737m
Common stock	715m	706m

Cash flow

Year chevron-l-regular chevron-r-regular	2023	2024
Cash at beginning of period	2,584m	2,515m
Cash dividends paid	-893m	-961m
	3,013m	2,071m
Investments (gains) losses	-2,930m	-2,111m
	2,515m	3,936m
Net income	-	-
	5,287m	4,336m
	-2,274m	-2,265m

The figures shown in the tables are quoted in the currency of the stock selected.

Please note that past performance is not a reliable indicator of future returns. Please use the interactive graph for benchmark comparison.

Important Information

Investment values, and income from investments, can go down as well as up, so you may get back less than you invest. This is not a personal recommendation for a specific investment. If you're not sure which investments are suitable for you, consult Fidelity's advisers or another authorised financial adviser. The information contained herein: is proprietary to Morningstar and/or its content providers; may not be copied or distributed; and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.