Michelin (MEX:ML) Dividend Payout Ratio: 0.00 (As of Dec. 2025)


MEX:ML Michelin MEX:ML
84 GF Score
Price MXN733.29
GF Value MXN652.58
! 6 Warning Signs
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What is Michelin Dividend Payout Ratio?

Michelin MEX:ML 84 Dividend Payout Ratio is 0.00 as of Dec. 2025. GuruFocus rates MEX:ML with a GF Score™ of 84/100 and a GF Value™ of MXN652.58. The stock has 6 warning signs investors should review. Among 776 Vehicles & Parts companies, Michelin ranks worse than 69.2% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Michelin's Dividend Payout Ratio for the months ended in Dec. 2025 was 0.00.

The historical rank and industry rank for Michelin's Dividend Payout Ratio or its related term are showing as below:

MEX:ML' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.35   Max: 0.55
Current: 0.55

During the past 13 years, the highest Dividend Payout Ratio of Michelin was 0.55. The lowest was 0.21. And the median was 0.35.

MEX:ML's Dividend Payout Ratio is ranked worse than
69.2% of 776 companies
in the Vehicles & Parts industry
Industry Median: 0.36 vs MEX:ML: 0.55

As of today (2026-06-26), the Dividend Yield % of Michelin is 0.00%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Michelin was 4.99%. The lowest was 1.39%. And the median was 3.39%.

Michelin's Dividends per Share for the months ended in Dec. 2025 was MXN0.00.

During the past 12 months, Michelin's average Dividends Per Share Growth Rate was 2.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 7.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 24.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Michelin was 49.80% per year. The lowest was -24.00% per year. And the median was 9.10% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Michelin (MEX:ML) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Michelin Dividend Payout Ratio Related Terms

Michelin Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Michelin's Dividend Payout Ratio 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.

Michelin Dividend Payout Ratio Chart

Michelin Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.40 0.35 0.43 0.54

Michelin Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.79 0.00 1.04 0.00

MEX:ML vs ORLY, AZO: Dividend Payout Ratio Comparison

For the Auto Parts subindustry, Michelin's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Michelin's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Michelin's Dividend Payout Ratio falls into.


MEX:ML
84GF Score
Michelin MEX:ML
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Michelin Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Michelin's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=29.096/ 53.745
=0.54

Michelin's Dividend Payout Ratio for the quarter that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2025 )/ EPS without NRI (Q: Dec. 2025 )
=0/ 25.779
=0.00

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.00 mean?
Michelin (MEX:ML) has a Dividend Payout Ratio of 0.00 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Michelin and its competitors. Over the past decade, Michelin's Dividend Payout Ratio has ranged from 0.21 to 0.55. According to the industry distribution chart, Michelin ranks #537 out of 776 companies in the Vehicles & Parts industry, placing it in the top 69.2%.
Is Michelin's Dividend Payout Ratio too high?
Michelin's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 0.55. Based on the distribution chart, Michelin ranks #537 out of 776 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Michelin has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Michelin's Dividend Payout Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Michelin ranks #537 out of 776 companies for Dividend Payout Ratio. This places Michelin in the lower half of its industry. The industry median Dividend Payout Ratio is 0.36. Historically, Michelin's own Dividend Payout Ratio has ranged from 0.21 to 0.55 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Vehicles & Parts company?
The median Dividend Payout Ratio among Vehicles & Parts companies is 0.36, based on 776 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Michelin and its competitors. For the Vehicles & Parts industry, the median Dividend Payout Ratio is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Michelin's current Dividend Payout Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Michelin stock overvalued right now?
Michelin (MEX:ML) has a current Dividend Payout Ratio of 0.00. The stock's GF Value™ is MXN652.58, compared to a current price of MXN733.29 — trading 12.4% above its estimated fair value. The current Dividend Payout Ratio is 0.00. Michelin's overall GF Score™ is 84/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Michelin (MEX:ML), the current Dividend Payout Ratio is 0.00 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Michelin (MEX:ML) Overvalued in 2026?

Based on GuruFocus' analysis, Michelin stock appears to be overvalued. The current stock price of MXN733.29 is trading 12.4% above its estimated GF Value™ of MXN652.58.

Key valuation signals for MEX:ML:

  • Dividend Payout Ratio: 0.00
  • GF Value™: MXN652.58 vs. price of MXN733.29 (12.4% above fair value)
  • GF Score™: 84/100 with 6 warning signs

No single metric tells the full story. See the MEX:ML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Michelin Business Description

Address 23, Place des Carmes, Dechaux, Puy-de-Dome, Clermont-Ferrand, FRA, 63000
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 two-wheel; Road transportation; and Specialty businesses. The company generates maximum revenue from Automotive segments. The Specialty businesses include the Mining, Beyond-road, Two-wheel and Aircraft tire activities, as well as the High-Tech Materials activities. The Services & Solutions businesses are included for the majority part in the Road transportation and related distribution segment.
84GF Score

Get the complete analysis for MEX:ML

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN733.29
Price
MXN652.58
GF Value