Michelin (ML.PA) - Market capitalization

Market cap: €26.07 Billion

As of September 2024 Michelin has a market cap of €26.07 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	€26.07 B	12.72%
2023	€23.13 B	25.47%
2022	€18.43 B	-28.35%
2021	€25.73 B	37.5%
2020	€18.71 B	-3.96%
2019	€19.48 B	24.98%
2018	€15.59 B	-27.44%
2017	€21.48 B	12.24%
2016	€19.14 B	19.74%
2015	€15.98 B	14.38%
2014	€13.97 B	-2.58%
2013	€14.34 B	9.8%
2012	€13.06 B	59.78%
2011	€8.17 B	-13.75%
2010	€9.48 B	20.05%
2009	€7.89 B	45.01%
2008	€5.44 B	-51.81%
2007	€11.30 B	8.98%
2006	€10.37 B	52.36%
2005	€6.80 B	0.61%
2004	€6.76 B	29.71%
2003	€5.21 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: €26.07 Billion