Michelin (MEX:ML) Total Tax Payable: MXN18,301 Mil (As of Dec. 2025)


MEX:ML Michelin MEX:ML
83 GF Score
Price MXN733.29
GF Value MXN635.00
! 6 Warning Signs
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What is Michelin Total Tax Payable?

Michelin MEX:ML 83 Total Tax Payable is MXN18,301 Mil as of Dec. 2025. GuruFocus rates MEX:ML with a GF Score™ of 83/100 and a GF Value™ of MXN635.00. The stock has 6 warning signs investors should review.

Michelin's Total Tax Payable for the quarter that ended in Dec. 2025 was MXN18,301 Mil.

Michelin's quarterly Total Tax Payable declined from Dec. 2024 (MXN19,982 Mil) to Jun. 2025 (MXN0 Mil) but then increased from Jun. 2025 (MXN0 Mil) to Dec. 2025 (MXN18,301 Mil).

Michelin's annual Total Tax Payable increased from Dec. 2023 (MXN15,567 Mil) to Dec. 2024 (MXN19,982 Mil) but then declined from Dec. 2024 (MXN19,982 Mil) to Dec. 2025 (MXN18,301 Mil).

Michelin Total Tax Payable Historical Data

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The historical data trend for Michelin's Total Tax Payable 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 Total Tax Payable Chart

Michelin Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Tax Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19,285.48 16,501.38 15,567.44 19,982.16 18,300.88

Michelin Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Total Tax Payable 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 15,567.44 0.00 19,982.16 0.00 18,300.88
MEX:ML
83GF Score
Michelin MEX:ML
Total Tax Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Michelin Total Tax Payable Calculation

Total Tax Payable is the taxes liability owed to federal, state, and local tax authorities. It is the carrying value as of the balance sheet date of obligations incurred and payable for statutory income, sales, use, payroll, excise, real, property and other taxes.

Frequently Asked Questions Learn more about Total Tax Payable →
What does a Total Tax Payable of MXN18,301 Mil mean?
Michelin (MEX:ML) has a Total Tax Payable of MXN18,301 Mil as of Dec. 2025. Tax Payable is the taxes liability owed to federal, state, and local tax authorities. View historical data on Michelin and its competitors.
Is Michelin's Total Tax Payable too high?
Michelin's current Total Tax Payable is MXN18,301 Mil. Overall, Michelin has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Michelin's Total Tax Payable compare to ORLY and AZO?
Michelin's Total Tax Payable of MXN18,301 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Tax Payable for a Vehicles & Parts company?
A good Total Tax Payable depends on the Vehicles & Parts industry context. However, Total Tax Payable 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 Total Tax Payable mean?
A high Total Tax Payable can signal that a stock is expensive relative to its fundamentals. Tax Payable is the taxes liability owed to federal, state, and local tax authorities. View historical data on Michelin and its competitors. Michelin's current Total Tax Payable is MXN18,301 Mil. 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 Total Tax Payable of MXN18,301 Mil. The stock's GF Value™ is MXN635.00, compared to a current price of MXN733.29 — trading 15.5% above its estimated fair value. The current Total Tax Payable is MXN18,301 Mil. Michelin's overall GF Score™ is 83/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Tax Payable calculated?
Total Tax Payable is calculated from a company's financial statements. For Michelin (MEX:ML), the current Total Tax Payable is MXN18,301 Mil 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 15.5% above its estimated GF Value™ of MXN635.00.

Key valuation signals for MEX:ML:

  • Total Tax Payable: MXN18,301 Mil
  • GF Value™: MXN635.00 vs. price of MXN733.29 (15.5% above fair value)
  • GF Score™: 83/100 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.
83GF Score

Get the complete analysis for MEX:ML

Total Tax Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN733.29
Price
MXN635.00
GF Value