Michelin Statistics and Revenue Totals for 2024
Last Updated on: January 14th, 2024
Here are a few of the most interesting Michelin statistics and facts I was able to dig up including restaurant count, revenue totals and employee counts. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available.
Michelin Facts
Here is pretty much everything you ever wanted to know about Michelin.
- Website: Official Website
- Year Founded: 1889
- Headquarters: Clermont-Ferrand, France
- Founder(s): Édouard Michelin and André Michelin
- Current Chief Executive: Florent Menegaux
Michelin is a renowned French multinational tire manufacturer headquartered in Clermont-Ferrand, France. Established in 1889, Michelin is one of the world’s leading tire companies, recognized for its innovation, quality, and dedication to road safety.
The company is widely known for producing a wide range of tires for various vehicles, including cars, motorcycles, trucks, and airplanes. Michelin tires are favored for their performance, longevity, and grip in different weather conditions, making them a popular choice among consumers and industries alike.Michelin has not only excelled in tire manufacturing but has also made significant contributions to the culinary world through its Michelin Guide. This prestigious restaurant and hotel rating system was first published in 1900 and is highly regarded in the culinary industry for recognizing and promoting exceptional dining experiences around the world.
Michelin Statistics
Michelin Revenue Totals
Michelin annual net sales:
- 2022: EUR 28,590 billion
- 2021: EUR 23.795 billion
- 2020: EUR 20.469 billion
- 2019: EUR 24.135 billion
- 2018: EUR 22.028 billion
- 2017: EUR 21.96 billion
- 2016: EUR 20.907 billion
- 2015: EUR 21.199 billion
- 2014: EUR 19.553 billion
Michelin annual net income:
- 2022: EUR 2.009 billion
- 2021: EUR 1.845 billion
- 2020: EUR 625 million
- 2019: EUR 1.730 billion
- 2018: EUR 1.660 billion
- 2017: EUR 1.693 billion
- 2016: EUR 1.667 billion
- 2015: EUR 1.163 billion
- 2014: EUR 1.031 billion
Additional Michelin Statistics
Number of countries Michelin has a presence in:
Last updated 1/1/17
Number of tires manufactured by Michelin:
Last updated 1/1/17
Number of Michelin dealerships and service centers:
Last updated 1/1/17
Number of products sold by Michelin in 2017:
Last updated 1/1/17
Please note that some of these numbers are easier to find than others. A few of these Michelin statistics come from their own reports, but some are based on news reports and not official company tallies. No information contained on DMR should be relied upon to make investment decisions. Basically, this is the best I can find and I don’t guarantee anything to be 100%.
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