Compagnie Générale des Établissements Michelin Société en commandite par actions

Paris Stock Exchange:ML.PA

Sector

🛍 Consumer Discretionary

Industries

🚗 Automobiles & Vehicles

🚗 Automotive Parts

🚗 Electric Vehicles (EVs)

🏍 Motorcycles

🚚 Trucking & Road Freight

Location

France

Market Cap

USD 26.48 B

Share Price

USD 37.12

Avg Daily Volume

1,738,581

Change (1 day)

2.44%

Change (1 year)

-4.13%

Change (YTD)

12.72%

Compagnie Générale des Établissements Michelin Société en commandite par actions Research and Development (R&D) Expenses for the year ending December 31, 2024: USD 813.90 M

Compagnie Générale des Établissements Michelin Société en commandite par actions Research and Development (R&D) Expenses is USD 813.90 M for the year ending December 31, 2024, a -2.46% change year over year. Research and development (R&D) expenses are the costs associated with the development of new products, technologies, or improvements to existing products.

Compagnie Générale des Établissements Michelin Société en commandite par actions Research and Development (R&D) Expenses for the year ending December 31, 2023 was USD 834.43 M, a 11.73% change year over year.
Compagnie Générale des Établissements Michelin Société en commandite par actions Research and Development (R&D) Expenses for the year ending December 31, 2022 was USD 746.82 M, a -3.80% change year over year.
Compagnie Générale des Établissements Michelin Société en commandite par actions Research and Development (R&D) Expenses for the year ending December 31, 2021 was USD 776.35 M, a -1.62% change year over year.
Compagnie Générale des Établissements Michelin Société en commandite par actions Research and Development (R&D) Expenses for the year ending December 31, 2020 was USD 789.13 M, a 2.36% change year over year.

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Key data

Date	Research and Development (R&D) Expenses	Revenue	Revenue	Gross Profit

Paris Stock Exchange: ML.PA

Compagnie Générale des Établissements Michelin Société en commandite par actions

CEO	Mr. Florent Menegaux
IPO Date	Jan. 3, 2000
Location	France
Headquarters	23, Place Des Carmes Dechaux
Employees	118,400
Sector	🛍 Consumer Discretionary
Industries Automobiles & Vehicles 🚗 Automotive Parts 🚗 Electric Vehicles (EVs) 🏍 Motorcycles 🚚 Trucking & Road Freight

Description

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.