MichelinXPAR:ML +2.75%83 Dividend Yield % is 4.22% as of Jun. 24, 2026, which is 24% above its 10-year median of 3.39. GuruFocus rates XPAR:ML with a GF Score™ of 83/100 and a GF Value™ of €30.15 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 869 Vehicles & Parts companies, Michelin ranks better than 73.76% on this metric.
As of today (2026-06-24), the Trailing Annual Dividend Yield of Michelin is 4.22%.
The historical rank and industry rank for Michelin's Dividend Yield % or its related term are showing as below:
XPAR:ML'
s Dividend Yield % Range Over the Past 10 Years
Min: 1.39 Med: 3.39 Max: 4.99
Current: 4.22
During the past 13 years, the highest Dividend Yield of Michelin was 4.99%. The lowest was 1.39%. And the median was 3.39%.
XPAR:ML's Dividend Yield % is ranked better than 73.76% of 869
companies
in the Vehicles & Parts industry
Industry Median: 2.36
vs XPAR:ML: 4.22
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 (XPAR:ML) Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, 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.
The historical data trend for Michelin's Dividend Yield % 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.
For the Auto Parts subindustry, Michelin's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Yield % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Michelin's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Michelin's Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Michelin Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
EUR 1.380000
2026-05-26
2026-05-27
2026-05-28
Cash Dividend
annually
EUR:EUR 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Michelin's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
1.38
/
33.57
=
4.11 %
Current Share Price is €33.57. Michelin's Dividends per Share for the trailing twelve months (TTM) ended in Today is €1.38.
Michelin's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
1.38
/
33.57
=
4.11 %
Current Share Price is €33.57. Michelin's Dividends per Share for the forward twelve months is calculated as €1.38 * 1 = €1.38.
* 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 (XPAR:ML) has a Dividend Yield % of 4.22% as of Jun. 24, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Michelin and its competitors. This is 24% above median its historical median of 3.39. Over the past decade, Michelin's Dividend Yield % has ranged from 1.39 to 4.99. According to the industry distribution chart, Michelin ranks #228 out of 869 companies in the Vehicles & Parts industry, placing it in the top 26.2%.
Is Michelin's Dividend Yield % too high?
Michelin's current Dividend Yield % of 4.22% is 24% above median its 10-year median of 3.39. Over the past 10 years, this metric has ranged from a low of 1.39 to a high of 4.99. The Vehicles & Parts industry median Dividend Yield % is 2.36. Michelin's value of 4.22% is 78.8% above this industry median. Based on the distribution chart, Michelin ranks #228 out of 869 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Michelin has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Michelin's Dividend Yield % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Michelin ranks #228 out of 869 companies for Dividend Yield %. This puts Michelin in the upper half of its industry. The industry median Dividend Yield % is 2.36. Michelin's value of 4.22% is 78.8% above this benchmark. Historically, Michelin's own Dividend Yield % has ranged from 1.39 to 4.99 over the past decade. While the company's 10-year median is 3.39 vs. the industry median of 2.36, Michelin has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Yield % for a Vehicles & Parts company?
The median Dividend Yield % among Vehicles & Parts companies is 2.36, based on 869 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Michelin's current Dividend Yield % of 4.22% is 78.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on Michelin and its competitors. For the Vehicles & Parts industry, the median Dividend Yield % is 2.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Michelin's current Dividend Yield % is 4.22%, which is 24% above median its own 10-year median of 3.39. 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?
Based on GuruFocus' analysis, Michelin (XPAR:ML) is currently considered Modestly Overvalued. The stock's GF Value™ is €30.15, compared to a current price of €33.57 — trading 11.3% above its estimated fair value. The current Dividend Yield % is 4.22%, which is 24% above median its 10-year median of 3.39 and 78.8% above the Vehicles & Parts industry median of 2.36. Michelin's overall GF Score™ is 83/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Michelin (XPAR:ML), the current Dividend Yield % is 4.22% as of Jun. 24, 2026. 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 (XPAR:ML) Overvalued in 2026?
Based on GuruFocus' analysis, Michelin stock appears to be overvalued.
The current stock price of €33.57 is trading 11.3% above its estimated GF Value™ of €30.15.
GuruFocus considers Michelin to be Modestly Overvalued.
Key valuation signals for XPAR:ML:
Dividend Yield %: 4.22% (24% above median its 10-year median of 3.39)
GF Value™: €30.15 vs. price of €33.57 (11.3% above fair value)
Industry Position: 78.8% above the Vehicles & Parts median (#228 of 869)
No single metric tells the full story. See the XPAR:ML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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
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