Michelin (ML.PA) - Market capitalization

Market cap: NZ$39.46 Billion

As of November 2024 Michelin has a market cap of NZ$39.46 Billion. This makes Michelin the world's 852th 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	Marketcap	Change
2024	NZ$39.46 B	-2.41%
2023	NZ$40.44 B	29.82%
2022	NZ$31.15 B	-26.99%
2021	NZ$42.66 B	33.74%
2020	NZ$31.90 B	-1.57%
2019	NZ$32.41 B	21.89%
2018	NZ$26.59 B	-26.27%
2017	NZ$36.07 B	23.82%
2016	NZ$29.13 B	14.04%
2015	NZ$25.54 B	17.71%
2014	NZ$21.69 B	-10.02%
2013	NZ$24.11 B	14.76%
2012	NZ$21.01 B	53.96%
2011	NZ$13.64 B	-16.52%
2010	NZ$16.35 B	4.93%
2009	NZ$15.58 B	18.74%
2008	NZ$13.12 B	-39.1%
2007	NZ$21.54 B	10.44%
2006	NZ$19.51 B	65.43%
2005	NZ$11.79 B	-8.31%
2004	NZ$12.86 B	27.32%
2003	NZ$10.10 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: NZ$39.46 Billion