Michelin (EPA: ML) revenue
Michelin reported revenue of €25,992m for fiscal 2025, 4.4% less than in fiscal 2024 (€27,193m). Since fiscal 2020 its revenue has grown by 27.0%, an average growth of 4.9% a year.
Revenue by fiscal year
| Fiscal year | Revenue | Change | Operating profit | Operating margin |
|---|---|---|---|---|
| 2025 | €25,992m | −4.4% | €2,366m | 9.1% |
| 2024 | €27,193m | −4.1% | €2,631m | 9.7% |
| 2023 | €28,343m | −0.9% | €2,652m | 9.4% |
| 2022 | €28,590m | +20.2% | €3,021m | 10.6% |
| 2021 | €23,795m | +16.2% | €2,777m | 11.7% |
| 2020 | €20,469m | — | €1,403m | 6.9% |
The change compares each fiscal year with the one before. Operating margin is operating profit over revenue from the same filing. Figures are in millions of euros, except per-share amounts.
Questions about the revenue of Michelin
- How much revenue did Michelin make in fiscal 2025?
- Michelin reported revenue of €25,992m for fiscal 2025, compared with €27,193m in fiscal 2024.
- How much has the revenue of Michelin grown?
- Between fiscal 2020 and fiscal 2025 it went from €20,469m to €25,992m: 27.0% more, an average growth of 4.9% a year.
- What was the best year for revenue at Michelin?
- Of its last 6 fiscal years, fiscal 2022, with €28,590m.
- Where do the figures for Michelin come from?
- From the report Michelin files every year in the European single electronic format (ESEF), the one it files with the regulator of its home market. Each fiscal year links to its filing.
Where each figure comes from
From the annual report Michelin files every year in the European single electronic format (ESEF). The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021. More on Michelin: the Michelin page · annual accounts · net income.
Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.