Compagnie Générale des Établissements Michelin Société en commandite par actions

Paris Stock Exchange ML.PA

Compagnie Générale des Établissements Michelin Société en commandite par actions Return on Assets (ROA) for the year ending December 31, 2023: 5.63%

Compagnie Générale des Établissements Michelin Société en commandite par actions Return on Assets (ROA) is 5.63% for the year ending December 31, 2023, a -0.47% change year over year. Return on assets measures profitability against assets; higher ROA indicates efficient asset use and profitability.

Compagnie Générale des Établissements Michelin Société en commandite par actions Return on Assets (ROA) for the year ending December 31, 2022 was 5.66%, a 6.05% change year over year.
Compagnie Générale des Établissements Michelin Société en commandite par actions Return on Assets (ROA) for the year ending December 31, 2021 was 5.34%, a 167.22% change year over year.
Compagnie Générale des Établissements Michelin Société en commandite par actions Return on Assets (ROA) for the year ending December 31, 2020 was 2.00%, a -63.86% change year over year.
Compagnie Générale des Établissements Michelin Société en commandite par actions Return on Assets (ROA) for the year ending December 31, 2019 was 5.53%, a -0.70% change year over year.

Key data

Date	Return on Assets (ROA)	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio

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 Athletics & Sports Automotive Parts Autonomous Driving Composite Materials Electric Vehicles (EVs) Leisure Motorcycles

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.

Key trends

Past 5 years