Compagnie Generale des Etablissements Michelin - Company Profile
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Compagnie Generale des Etablissements Michelin (Michelin) is a provider of tire and mobility services. The company manufactures and markets tires for scooters, vans, cars, trucks, motorcycles, bicycles, earthmovers, aircraft, and conveyor belts. The company also provides maintenance and fleet management services; mobility services; and car and bike accessories, sports and leisure gear, work, and collectibles. Michelin's products serve various customers, including motorists, original equipment manufacturers (OEMs), trucking companies, fleet managers, and industries such as automotive, aerospace, mining, and agricultural and construction sectors. The company utilizes several distribution channels, including online platforms and franchising programs. It has geographic presence in the Americas, the Middle East, Europe, Africa and Asia-Pacific. Michelin is headquartered in Clermont-Ferrand, France.
Headquarters
France
Address
Place Des Carmes-Dechaux, Clermont-Ferrand Cedex 9, Auvergne, 63040
Website
www.michelin.fr
Telephone
33 4 73322000
No of Employees
122,600
Industry
Automotive
Ticker Symbol & Exchange
ML (EPA)
Revenue (2024)
$29.3B
-4.4%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-11.6%
(2024 vs 2023)
Market Cap*
$26.5B
Net Profit Margin (2024)
XYZ
-7.5%
(2024 vs 2023)
* As of and is in US$
Compagnie Generale des Etablissements Michelin premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Product: | Fleet Management Services |
| Tires | Distribution Services |
| Customer Services |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | New Products/Services | In June, the company introduced its AI assistant integrated into the MyConnectedFleet platform. |
| 2026 | Contracts/Agreements | In May, the company's Center for Sustainable Materials signed a partnership with Syntetica to promote the industrial development of a breakthrough nylon recycling solution. |
| 2026 | Corporate Changes/Expansions | In May, the company launched the fifth edition of the MICHELIN Guide Estonia. |
Competitor Comparison
| Key Parameters | Compagnie Generale des Etablissements Michelin | Bridgestone Corp | Continental AG | The Goodyear Tire & Rubber Co | Hankook Tire & Technology Co Ltd |
|---|---|---|---|---|---|
| Headquarters | France | Japan | Germany | United States of America | South Korea |
| City | Clermont-Ferrand | Chuo-Ku | Hannover | Akron | Seongnam |
| State/Province | Auvergne | Tokyo | Berlin | Ohio | - |
| No. of Employees | 122,600 | 115,716 | 77,702 | 63,000 | 6,465 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Florent Menegaux | Chief Executive Officer | Senior Management | 2019 | 64 |
| Yves Chapot | Chief Financial Officer; General Manager | Senior Management | 2019 | 64 |
| Jean Claude Pats | Executive Vice President - Automotive Global Brands, Automotive Regional Brands, Automotive Original Equipment, 2 Wheels Business Lines | Senior Management | 2024 | - |
| Manuel Montana | Chief People Office | Senior Management | 2024 | - |
| Barbara Dalibard | Chairwoman | Non Executive Board | - | 68 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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