Michelin (ML.PA)

Revenue in 2023: £23.52 Billion

According to Michelin's latest financial reports the company's current revenue (TTM

) is £23.52 Billion. In 2023 the company made a revenue of £23.52 Billion an increase over the revenue in the year 2022 that were of £23.03 Billion. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.

Revenue history for Michelin from 2002 to 2023

Annual revenue

Year	Revenue	Change
2023	£23.52 B	2.17%
2022	£23.03 B	13.8%
2021	£20.23 B	7.04%
2020	£18.90 B	-6.88%
2019	£20.30 B	7.29%
2018	£18.92 B	-4.36%
2017	£19.78 B	19.82%
2016	£16.51 B	-5.12%
2015	£17.40 B	-2.53%
2014	£17.85 B	-14.95%
2013	£20.99 B	-1.56%
2012	£21.33 B	5.57%
2011	£20.20 B	13.07%
2010	£17.87 B	12.18%
2009	£15.93 B	-7.52%
2008	£17.22 B	-6.86%
2007	£18.49 B	13.92%
2006	£16.23 B	17.06%
2005	£13.86 B	-9.53%
2004	£15.32 B	5.49%
2003	£14.53 B	18.32%
2002	£12.28 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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Revenue for Michelin (ML.PA)