Michelin (ML.PA) - Market capitalization

Market cap: S$37.64 Billion

As of September 2024 Michelin has a market cap of S$37.64 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	S$37.64 B	11.44%
2023	S$33.77 B	27.39%
2022	S$26.51 B	-32.85%
2021	S$39.48 B	30.54%
2020	S$30.24 B	2.8%
2019	S$29.42 B	20.93%
2018	S$24.33 B	-29.44%
2017	S$34.48 B	18.32%
2016	S$29.14 B	17.93%
2015	S$24.71 B	9.91%
2014	S$22.48 B	-10.5%
2013	S$25.12 B	18.84%
2012	S$21.13 B	53.66%
2011	S$13.75 B	-15.17%
2010	S$16.21 B	2.03%
2009	S$15.89 B	43.8%
2008	S$11.05 B	-54.13%
2007	S$24.09 B	14.82%
2006	S$20.98 B	56.29%
2005	S$13.42 B	-10.99%
2004	S$15.08 B	36.02%
2003	S$11.09 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: S$37.64 Billion