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, farm equipment, trucks, motorcycles, bicycles, earthmovers, subway trains, aircraft, and conveyor belts. The company also provides maintenance and management services; mobility assistance services; and car and bike accessories, sports and leisure gear, work and collectibles. In addition, the company develops energy-efficient radial tires, radial earthmovers, agricultural and aircraft tires. It serves customers in automotive, aerospace, mining, and agricultural and construction sectors across Europe, North America, and other regions. The company has manufacturing and distribution facilities across the world. Michelin is headquartered in Clermont-Ferrand, France.
Headquarters
France
Address
23 Place Des Carmes-Dechaux, Clermont-Ferrand Cedex 9, Auvergne, 63040
Website
www.michelin.fr
Telephone
33 4 73322000
No of Employees
132,500
Industry
Automotive
Ticker Symbol & Exchange
ML (EPA)
Revenue (2022)
$30.7B
-0.9%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-0.9%
(2022 vs 2021)
Market Cap*
$26.2B
Net Profit Margin (2022)
XYZ
0.0%
(2022 vs 2021)
* As of and is in US$
Compagnie Generale des Etablissements Michelin premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Tires | Engineering Services | BFGoodrich |
| Mobility Enabling Services | KorMoran | |
| Fleet Management and Support | Michelin | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | New Products/Services | In March, the company introduced its new Michelin power slick MotoE tires. |
| 2023 | Contracts/Agreements | In December, the company entered into a partnership with Alpine under which Alpine will provide three specific 19-inch tires for the upcoming A290. |
| 2023 | Contracts/Agreements | In December, the company and Rockwell Automation announced a collaboration for digital innovation across manufacturing processes. |
Competitor Comparison
| Key Parameters | Compagnie Generale des Etablissements Michelin | Continental AG | Bridgestone Corp | The Goodyear Tire & Rubber Co | Pirelli & C SpA |
|---|---|---|---|---|---|
| Headquarters | France | Germany | Japan | United States of America | Italy |
| City | Clermont-Ferrand | Hannover | Chuo-Ku | Akron | Milano |
| State/Province | Auvergne | Berlin | Tokyo | Ohio | - |
| No. of Employees | 132,500 | 202,763 | 125,199 | 71,000 | 31,072 |
| 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; General Partner | Senior Management | 2022 | 61 |
| Yves Chapot | Chief Financial Officer; General Manager | Senior Management | 2022 | 61 |
| Jean Claude Pats | Chief People Officer; Executive Vice President - Personnel | Senior Management | 2019 | - |
| Barbara Dalibard | Chairman | Non Executive Board | 2019 | 65 |
| Pierre Louis Dubourdeau | Executive Vice President - Manufacturing | Senior Management | 2023 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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