Michelin Statistics, Revenue Totals, Facts & News (2022)
Last Updated on: April 20th, 2022
Here are a few of the most interesting Michelin statistics and facts I was able to dig up including 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.
- Michelin Website: Official Website
- Year Michelin was Founded: 1889
- Michelin Headquarters: Clermont-Ferrand, France
- Michelin Founder(s): Édouard Michelin and André Michelin
- Current Michelin Chief Executive: Florent Menegaux
What is Michelin?
Michelin, the leading tire company, is dedicated to sustainably improving the mobility of goods and people by manufacturing and marketing tires and services for every type of vehicle, including airplanes, automobiles, bicycles/motorcycles, earthmovers, farm equipment and trucks. It also offers digital mobility support services and publishes travel guides, hotel and restaurant guides, maps and road atlases. (source)
Michelin Revenue Totals
Michelin annual net sales:
- 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:
- 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
Recent Michelin News
Here are some recent Michelin news articles. We update company news daily, as it breaks, so be sure to check back often for the latest.
- Goodyear joins Michelin in launching specialist EV tires, 12/21/2021
- Michelin and GM Working on Airless Tire for Next-Gen Bolt, Report Says, 02/23/2022
Other Companies and Topics to Check Out:
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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