Compagnie Générale des Établissements Michelin Société en commandite par actions (EPA:ML)
France · Delayed Price · Currency is EUR 34.09
+0.07 (0.21%)
Aug 19, 2026, 5:36 PM CET
EPA:ML Income Statement
Financials in millions EUR. Fiscal year is January - December.
Millions EUR. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 25,651 | 25,992 | 27,193 | 28,343 | 28,590 | 23,795 | |
Revenue Growth | -4.07% | -4.42% | -4.06% | -0.86% | 20.15% | 16.25% |
Cost of Revenue | 18,626 | 18,973 | 19,445 | 20,395 | 21,052 | 16,810 |
Gross Profit | 7,025 | 7,019 | 7,748 | 7,948 | 7,538 | 6,985 |
Selling, General & Admin | 3,544 | 3,540 | 3,582 | 3,640 | 3,463 | 3,311 |
Research & Development | 790 | 788 | 786 | 756 | 698 | 682 |
Other Operating Expenses | -52 | 90 | 179 | 184 | 99 | 20 |
Operating Expenses | 4,357 | 4,493 | 4,649 | 4,610 | 4,301 | 4,034 |
Operating Income | 2,668 | 2,526 | 3,099 | 3,338 | 3,237 | 2,951 |
Interest Expense | -245 | -255 | -210 | -293 | -303 | -204 |
Interest & Investment Income | 92 | 104 | 141 | 130 | 12 | - |
Earnings From Equity Investments | 55 | 109 | -40 | 128 | -59 | -69 |
Currency Exchange Gain (Loss) | -5 | - | -37 | -87 | -59 | -13 |
Other Non Operating Income (Expenses) | 30 | 32 | 48 | 54 | 89 | 21 |
EBT Excluding Unusual Items | 2,595 | 2,516 | 3,001 | 3,270 | 2,917 | 2,686 |
Merger & Restructuring Charges | -297 | -155 | -463 | -690 | -86 | -86 |
Impairment of Goodwill | - | - | - | - | - | -14 |
Gain (Loss) on Sale of Assets | - | - | - | -54 | - | 114 |
Asset Writedown | -118 | -103 | -93 | -36 | -36 | -102 |
Other Unusual Items | - | - | - | - | -139 | -127 |
Pretax Income | 2,180 | 2,258 | 2,445 | 2,490 | 2,656 | 2,471 |
Income Tax Expense | 590 | 594 | 555 | 507 | 647 | 626 |
Earnings From Continuing Operations | 1,590 | 1,664 | 1,890 | 1,983 | 2,009 | 1,845 |
Minority Interest in Earnings | 2 | 1 | -6 | - | -8 | -1 |
Net Income | 1,592 | 1,665 | 1,884 | 1,983 | 2,001 | 1,844 |
Preferred Dividends & Other Adjustments | 4 | 3 | 3 | 3 | 2 | 5 |
Net Income to Common | 1,588 | 1,662 | 1,881 | 1,980 | 1,999 | 1,839 |
Net Income Growth | 1.93% | -11.64% | -5.00% | -0.95% | 8.70% | 192.83% |
Shares Outstanding (Basic) | 694 | 704 | 710 | 714 | 712 | 713 |
Shares Outstanding (Diluted) | 704 | 713 | 717 | 720 | 717 | 718 |
Shares Change | -1.41% | -0.54% | -0.37% | 0.33% | -0.15% | 0.23% |
EPS (Basic) | 2.29 | 2.36 | 2.65 | 2.77 | 2.81 | 2.58 |
EPS (Diluted) | 2.25 | 2.33 | 2.62 | 2.75 | 2.79 | 2.56 |
EPS Growth | 2.92% | -11.07% | -4.73% | -1.43% | 8.98% | 191.74% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 2,551 | 2,105 | 2,432 | 3,283 | 12 | 1,412 |
Free Cash Flow Per Share | 3.63 | 2.95 | 3.39 | 4.56 | 0.02 | 1.97 |
Dividend Per Share | 1.380 | 1.380 | 1.380 | 1.350 | 1.250 | 1.125 |
Dividend Growth | 0% | 0% | 2.22% | 8.00% | 11.11% | 95.65% |
Gross Margin | 27.39% | 27.00% | 28.49% | 28.04% | 26.37% | 29.35% |
Operating Margin | 10.40% | 9.72% | 11.40% | 11.78% | 11.32% | 12.40% |
Profit Margin | 6.19% | 6.39% | 6.92% | 6.99% | 6.99% | 7.73% |
Free Cash Flow Margin | 9.95% | 8.10% | 8.94% | 11.58% | 0.04% | 5.93% |
EBITDA | 4,454 | 4,317 | 4,932 | 5,098 | 4,941 | 4,528 |
EBITDA Margin | 17.36% | 16.61% | 18.14% | 17.99% | 17.28% | 19.03% |
D&A For EBITDA | 1,786 | 1,791 | 1,833 | 1,760 | 1,704 | 1,577 |
EBIT | 2,668 | 2,526 | 3,099 | 3,338 | 3,237 | 2,951 |
EBIT Margin | 10.40% | 9.72% | 11.40% | 11.78% | 11.32% | 12.40% |
Effective Tax Rate | 27.06% | 26.31% | 22.70% | 20.36% | 24.36% | 25.33% |