Michelin (XPAR:ML) FCF Margin % : 13.91% (As of Dec. 2023)

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What is Michelin FCF Margin %?

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Michelin's Free Cash Flow for the six months ended in Dec. 2023 was €1,984 Mil. Michelin's Revenue for the six months ended in Dec. 2023 was €14,264 Mil. Therefore, Michelin's FCF Margin % for the quarter that ended in Dec. 2023 was 13.91%.

As of today, Michelin's current FCF Yield % is 12.01%.

The historical rank and industry rank for Michelin's FCF Margin % or its related term are showing as below:

XPAR:ML' s FCF Margin % Range Over the Past 10 Years
Min: -0.73 Med: 4.81 Max: 10.76
Current: 10.76

During the past 13 years, the highest FCF Margin % of Michelin was 10.76%. The lowest was -0.73%. And the median was 4.81%.

XPAR:ML's FCF Margin % is ranked better than
88.14% of 1290 companies
in the Vehicles & Parts industry
Industry Median: 1.51 vs XPAR:ML: 10.76

Michelin FCF Margin % Historical Data

The historical data trend for Michelin's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Michelin FCF Margin % Chart

Michelin Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

FCF Margin %

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6.30

10.48

5.05

-0.73

10.76

Michelin Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
FCF Margin %	Get a 7-Day Free Trial															5.87	-5.28	3.22	7.58	13.91

Competitive Comparison of Michelin's FCF Margin %

For the Auto Parts subindustry, Michelin's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Michelin's FCF Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Michelin's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Michelin's FCF Margin % falls into.

Michelin FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Michelin's FCF Margin for the fiscal year that ended in Dec. 2023 is calculated as

FCF Margin	=	Free Cash Flow (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	3051	/	28343
	=	10.76 %

Michelin's FCF Margin for the quarter that ended in Dec. 2023 is calculated as

FCF Margin	=	Free Cash Flow (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	1984	/	14264
	=	13.91 %

Michelin FCF Margin % Related Terms

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Michelin (XPAR:ML) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Michelin (XPAR:ML) » Definitions » FCF Margin %

Comparable Companies

Traded in Other Exchanges

MGDDY:USA MGDDF:USA MLp:UK 0OFM:UK MCHA:Germany

Address

23, Place des Carmes, Dechaux, Puy-de-Dome, Clermont-Ferrand, FRA, 63000

Website

https://www.michelin.com

Michelin manufactures tires for passenger vehicles. The company also makes tires for all types of commercial vehicles as well as bicycle, motorcycle, earthmover, aviation, and agricultural tires. Its operations are organized into three operating segments namely Automotive and related distribution; Road transportation and related distribution; Specialty businesses and related distribution. The company generates maximum revenue from Automotive and related distribution segment.