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Michelin

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One of the world's leading tyre manufacturers

Clermont-Ferrand, FranceFounded 1889Transportation
Valuation $31B Market cap · 2026
Revenue $29B Latest reported FY
EBITDA $5.19B Latest reported FY

About Michelin

Compagnie Générale des Établissements Michelin S.C.A. (Michelin) is a global tire manufacturer. The company's business is segmented into three primary categories: automotive, road transportation, and specialty businesses. The automotive segment caters to passenger cars, light trucks, and two-wheeled vehicles, serving both original equipment manufacturers (OEMs) and the replacement market. The road transportation division focuses on trucks, buses, and other commercial vehicles, providing tires and related services to fleet operators and individual owners. The specialty businesses segment encompasses a diverse range of products, including aircraft tires, mining equipment tires, and agricultural tires.

In addition to its core tire manufacturing operations, Michelin has expanded its offerings to include a range of mobility-related services. The company's digital services, such as ViaMichelin, provide route planning, mapping, and traffic information to consumers. Furthermore, the Michelin Guide, a renowned publication in the culinary world, offers restaurant and hotel recommendations, which contributes to the company's brand recognition and provides a unique marketing platform.

Michelin's business model is centered on a combination of product sales and service provisions. The company generates revenue through the sale of tires to a global network of distributors, retailers, and OEMs. Additionally, Michelin derives income from its service offerings, including fleet management solutions and the sale of its guidebooks and related digital content. The company's target market is broad, encompassing individual consumers, commercial fleet operators, and industrial clients across various sectors.

Source: Dealroom company data

At a glance

Status
Listed
Founded
1889
Headquarters
Clermont-Ferrand, France
Listing
IPO 1987
Employees
40,734
Open positions
551
Dealroom signal
63.9/100
Industry
Transportation
Sub-industry
Vehicle Production
Sector
Transportation, Automotive, Aerospace, Car, Space Tech, Horizon Europe
Technology
Blockchain, IoT InternetOfThings
Business model
Marketplace & ecommerce
Client focus
b2b
Investment activity
34 companies, latest Feb 2026
Capital deployed
$195M
Preferred round
ACQUISITION

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
POST IPO DEBT✓Debt May 2024 $1.1B — Undisclosed ↗
IPO✓Exit Aug 1987 $0 — Undisclosed —
Showing the latest 2 of 2 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowthEBITDAMarginProfitMarginR&D
2026 $29B +1.9% $5.2B 17.8% $1.8B 6.2% $867M
2025 $29B -4.4% $5.3B 18.7% $1.8B 6.4% $867M
2024 $30B -4.1% $5.9B 19.7% $2.1B 6.9% $865M
2023 $31B -0.9% $6.2B 20% $832M
2022 $31B +20.2% $5.5B 17.4%
2021 $26B +16.2% $5.2B 19.8%
2020 $23B — $3.8B 16.8%
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Growth signals

Michelin website traffic

Latest recorded traffic for Michelin is 2.1M monthly website visits, up 23.5% over the last three months. Michelin's team grew 0% over the past year.

Latest monthly visits2.1M 3-month web change+23.5% 1-year team growth0%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

1 investor on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Other known investors1 additional known investor

  • Adrien Gaff
Team profiled 436 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 8 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇫🇷 France · Clermont-Ferrand HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Michelin on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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