Michelin (ML.PA) - Market capitalization

Market cap: C$39.19 Billion

As of September 2024 Michelin has a market cap of C$39.19 Billion. This makes Michelin the world's 706th most valuable company by market cap according to our data. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to measure how much a company is worth.

Market cap history of Michelin from 2003 to 2024

End of year Market Cap

Year	Market cap	Change
2024	C$39.19 B	15.55%
2023	C$33.92 B	26.39%
2022	C$26.83 B	-27.57%
2021	C$37.05 B	27%
2020	C$29.17 B	2.85%
2019	C$28.36 B	16.42%
2018	C$24.36 B	-24.83%
2017	C$32.41 B	19.78%
2016	C$27.06 B	11.64%
2015	C$24.24 B	22.81%
2014	C$19.73 B	-6.42%
2013	C$21.09 B	22.51%
2012	C$17.21 B	59.33%
2011	C$10.80 B	-14.21%
2010	C$12.59 B	5.71%
2009	C$11.91 B	26.87%
2008	C$9.39 B	-42.53%
2007	C$16.33 B	2.54%
2006	C$15.93 B	69.72%
2005	C$9.38 B	-15.89%
2004	C$11.16 B	30.69%
2003	C$8.54 B

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Market capitalization of Michelin (ML.PA)

Market cap: C$39.19 Billion