Michelin (ML.PA) - Market capitalization

Market cap: £18.33 Billion

As of November 2024 Michelin has a market cap of £18.33 Billion. This makes Michelin the world's 851th 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	£18.33 B	-8.64%
2023	£20.07 B	22.79%
2022	£16.34 B	-24.28%
2021	£21.59 B	27.84%
2020	£16.88 B	1.45%
2019	£16.64 B	18.47%
2018	£14.05 B	-25.86%
2017	£18.95 B	15.91%
2016	£16.35 B	38.62%
2015	£11.79 B	8.03%
2014	£10.92 B	-9.1%
2013	£12.01 B	12.32%
2012	£10.69 B	56.05%
2011	£6.85 B	-16.13%
2010	£8.17 B	16.84%
2009	£6.99 B	34.6%
2008	£5.19 B	-37.46%
2007	£8.30 B	18.39%
2006	£7.01 B	50.11%
2005	£4.67 B	-2.22%
2004	£4.78 B	30.22%
2003	£3.67 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: £18.33 Billion