Michelin (ML.PA) - Market capitalization

Market cap: A$38.05 Billion

As of December 2024 Michelin has a market cap of A$38.05 Billion. This makes Michelin the world's 816th 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	A$38.05 B	1.37%
2023	A$37.53 B	29.15%
2022	A$29.06 B	-27.7%
2021	A$40.20 B	34.27%
2020	A$29.93 B	-3.98%
2019	A$31.18 B	23.14%
2018	A$25.32 B	-22.83%
2017	A$32.81 B	17.22%
2016	A$27.99 B	16.65%
2015	A$23.99 B	15.52%
2014	A$20.77 B	-6.49%
2013	A$22.21 B	33.55%
2012	A$16.63 B	60.12%
2011	A$10.38 B	-16.34%
2010	A$12.41 B	-1.43%
2009	A$12.59 B	16.72%
2008	A$10.79 B	-42.82%
2007	A$18.87 B	8.27%
2006	A$17.43 B	58.27%
2005	A$11.01 B	-7.11%
2004	A$11.86 B	34.24%
2003	A$8.83 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: A$38.05 Billion