Michelin (ML.PA) - Market capitalization

Market cap: HK$225.26 Billion

As of September 2024 Michelin has a market cap of HK$225.26 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	HK$225.26 B	12.78%
2023	HK$199.74 B	29.25%
2022	HK$154.54 B	-32.31%
2021	HK$228.29 B	28.69%
2020	HK$177.39 B	4.08%
2019	HK$170.43 B	21.85%
2018	HK$139.87 B	-30.56%
2017	HK$201.44 B	29%
2016	HK$156.15 B	15.43%
2015	HK$135.28 B	2.47%
2014	HK$132.03 B	-14.12%
2013	HK$153.73 B	14.82%
2012	HK$133.89 B	62.29%
2011	HK$82.50 B	-15.73%
2010	HK$97.90 B	11.63%
2009	HK$87.70 B	47.24%
2008	HK$59.56 B	-54.2%
2007	HK$130.06 B	22.19%
2006	HK$106.44 B	70.24%
2005	HK$62.52 B	-12.69%
2004	HK$71.61 B	41.56%
2003	HK$50.58 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: HK$225.26 Billion