Compagnie Générale des Établissements Michelin Société en commandite par actions
MGDDYFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
27,193
Cost of Revenue
19,445
Gross Profit
7,748
Gross Margin
28.5%
Operating Income
2,631
Operating Margin
9.7%
Net Income
1,884
Net Margin
6.9%
EPS (Basic)
$1.33
EPS (Diluted)
$1.31
EBITDA
4,825
EBITDA Margin
17.7%
2023
12/31/2023
Revenue
28,343
Cost of Revenue
20,395
Gross Profit
7,948
Gross Margin
28.0%
Operating Income
2,652
Operating Margin
9.4%
Net Income
1,983
Net Margin
7.0%
EPS (Basic)
$1.39
EPS (Diluted)
$1.38
EBITDA
4,885
EBITDA Margin
17.2%
2022
12/31/2022
Revenue
28,590
Cost of Revenue
21,052
Gross Profit
7,538
Gross Margin
26.4%
Operating Income
3,021
Operating Margin
10.6%
Net Income
2,001
Net Margin
7.0%
EPS (Basic)
$1.41
EPS (Diluted)
$1.40
EBITDA
4,948
EBITDA Margin
17.3%
2021
12/31/2021
Revenue
23,795
Cost of Revenue
16,810
Gross Profit
6,985
Gross Margin
29.4%
Operating Income
2,777
Operating Margin
11.7%
Net Income
1,844
Net Margin
7.7%
EPS (Basic)
$1.29
EPS (Diluted)
$1.28
EBITDA
4,539
EBITDA Margin
19.1%
2020
12/31/2020
Revenue
20,469
Cost of Revenue
14,754
Gross Profit
5,715
Gross Margin
27.9%
Operating Income
1,403
Operating Margin
6.9%
Net Income
632
Net Margin
3.1%
EPS (Basic)
$0.44
EPS (Diluted)
$0.44
EBITDA
3,398
EBITDA Margin
16.6%