Compagnie Générale des Établissements Michelin Société en commandite par actions
MGDDYFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
29,640
Cost of Revenue
21,195
Gross Profit
8,445
Gross Margin
28.5%
Operating Income
2,868
Operating Margin
9.7%
Net Income
2,054
Net Margin
6.9%
EPS (Basic)
$1.33
EPS (Diluted)
$1.31
EBITDA
5,259
EBITDA Margin
17.7%
2023
12/31/2023
Revenue
30,894
Cost of Revenue
22,231
Gross Profit
8,663
Gross Margin
28.0%
Operating Income
2,891
Operating Margin
9.4%
Net Income
2,161
Net Margin
7.0%
EPS (Basic)
$1.39
EPS (Diluted)
$1.38
EBITDA
5,325
EBITDA Margin
17.2%
2022
12/31/2022
Revenue
31,163
Cost of Revenue
22,947
Gross Profit
8,216
Gross Margin
26.4%
Operating Income
3,293
Operating Margin
10.6%
Net Income
2,181
Net Margin
7.0%
EPS (Basic)
$1.41
EPS (Diluted)
$1.40
EBITDA
5,393
EBITDA Margin
17.3%
2021
12/31/2021
Revenue
25,937
Cost of Revenue
18,323
Gross Profit
7,614
Gross Margin
29.4%
Operating Income
3,027
Operating Margin
11.7%
Net Income
2,010
Net Margin
7.7%
EPS (Basic)
$1.29
EPS (Diluted)
$1.28
EBITDA
4,948
EBITDA Margin
19.1%
2020
12/31/2020
Revenue
22,311
Cost of Revenue
16,082
Gross Profit
6,229
Gross Margin
27.9%
Operating Income
1,529
Operating Margin
6.9%
Net Income
689
Net Margin
3.1%
EPS (Basic)
$0.44
EPS (Diluted)
$0.44
EBITDA
3,704
EBITDA Margin
16.6%