Compagnie Générale des Établissements Michelin Société en commandite par actions (MGDDY)

MGDDY Balance Sheet

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	2,891	3,877	3,936	2,515	2,584	4,482
Short-Term Investments	506	290	290	285	285	435
Trading Asset Securities	-	-	-	1	1	-
Cash & Short-Term Investments	3,397	4,167	4,226	2,801	2,870	4,917
Cash Growth	8.91%	-1.40%	50.88%	-2.40%	-41.63%	-2.28%
Accounts Receivable	4,044	3,596	3,782	3,850	4,205	3,576
Other Receivables	-	489	542	539	494	317
Receivables	4,044	4,102	4,536	4,581	4,913	4,074
Inventory	5,619	5,093	5,699	5,447	6,318	5,115
Other Current Assets	1,678	909	878	840	973	818
Total Current Assets	14,738	14,271	15,339	13,669	15,074	14,924
Property, Plant & Equipment	13,195	13,212	13,982	13,342	13,146	12,265
Long-Term Investments	811	1,563	1,504	1,533	1,739	1,631
Goodwill	3,252	2,657	2,829	2,982	2,430	2,286
Other Intangible Assets	1,911	1,944	2,120	1,794	1,803	1,811
Long-Term Deferred Tax Assets	1,020	971	1,081	932	630	751
Other Long-Term Assets	975	167	141	403	295	489
Total Assets	35,902	35,018	37,352	35,195	35,346	34,544
Accounts Payable	3,366	3,347	3,775	3,605	4,011	3,787
Accrued Expenses	-	1,521	1,502	1,624	1,356	1,465
Short-Term Debt	750	292	297	295	649	258
Current Portion of Long-Term Debt	1,251	320	1,078	296	1,177	1,424
Current Portion of Leases	262	257	258	241	233	229
Current Income Taxes Payable	-	205	247	193	195	238
Other Current Liabilities	3,300	1,561	1,553	1,490	1,417	1,457
Total Current Liabilities	8,929	7,503	8,710	7,744	9,038	8,858
Long-Term Debt	4,992	5,050	4,934	4,672	4,705	5,360
Long-Term Leases	702	726	872	738	690	731
Pension & Post-Retirement Benefits	2,372	2,440	2,730	2,726	2,561	3,362
Long-Term Deferred Tax Liabilities	520	509	544	497	541	503
Other Long-Term Liabilities	873	714	928	860	695	759
Total Liabilities	18,388	16,942	18,718	17,237	18,230	19,573
Common Stock	344	344	353	357	357	357
Additional Paid-In Capital	1,747	1,747	2,326	2,702	2,702	2,746
Retained Earnings	16,877	17,014	16,105	15,244	14,146	12,397
Comprehensive Income & Other	-707	-1,033	-159	-348	-95	-526
Total Common Equity	17,508	18,072	18,625	17,955	17,110	14,974
Minority Interest	6	4	9	3	6	-3
Shareholders' Equity	17,514	18,076	18,634	17,958	17,116	14,971
Total Liabilities & Equity	35,902	35,018	37,352	35,195	35,346	34,544
Total Debt	7,957	6,645	7,439	6,242	7,454	8,002
Net Cash (Debt)	-4,560	-2,478	-3,213	-3,441	-4,584	-3,085
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-6.48	-3.48	-4.48	-4.78	-6.39	-4.29
Filing Date Shares Outstanding	677.64	687.6	705.75	714.96	714.12	714.12
Total Common Shares Outstanding	677.64	687.6	705.75	714.96	714.12	714.12
Working Capital	5,809	6,768	6,629	5,925	6,036	6,066
Book Value Per Share	25.84	26.28	26.39	25.11	23.96	20.97
Tangible Book Value	12,345	13,471	13,676	13,179	12,877	10,877
Tangible Book Value Per Share	18.22	19.59	19.38	18.43	18.03	15.23
Land	-	7,911	8,059	7,672	7,577	7,067
Machinery	-	25,918	27,111	25,436	24,804	22,976

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Aug 12, 2026

Data Sources Report a data error