Compagnie Générale des Établissements Michelin Société en commandite par actions Past Earnings Performance
Past criteria checks 4/6
Compagnie Générale des Établissements Michelin Société en commandite par actions's earnings have been declining at an average annual rate of -5.9%, while the Auto Components industry saw earnings growing at 3.1% annually. Revenues have been growing at an average rate of 1% per year. Compagnie Générale des Établissements Michelin Société en commandite par actions's return on equity is 12.3%, and it has net margins of 7.7%.
Key information
-5.9%
Earnings growth rate
-5.7%
EPS growth rate
| Auto Components Industry Growth | 9.6% |
| Revenue growth rate | 1.0% |
| Return on equity | 12.3% |
| Net Margin | 7.7% |
| Next Earnings Update | 26 Jul 2022 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Compagnie Générale des Établissements Michelin Société en commandite par actions makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 21 | 23,795 | 1,839 | 3,332 | 682 |
| 30 Sep 21 | 23,050 | 1,813 | 3,271 | 673 |
| 30 Jun 21 | 22,304 | 1,786 | 3,209 | 663 |
| 31 Mar 21 | 21,387 | 1,207 | 3,180 | 655 |
| 31 Dec 20 | 20,469 | 628 | 3,151 | 646 |
| 30 Sep 20 | 21,090 | 691 | 3,213 | 656 |
| 30 Jun 20 | 21,711 | 754 | 3,274 | 665 |
| 31 Mar 20 | 22,923 | 1,247 | 3,373 | 676 |
| 31 Dec 19 | 24,135 | 1,740 | 3,472 | 687 |
| 30 Sep 19 | 23,671 | 1,669 | 3,413 | 673 |
| 30 Jun 19 | 23,206 | 1,598 | 3,354 | 659 |
| 31 Mar 19 | 22,617 | 1,632 | 3,275 | 654 |
| 31 Dec 18 | 22,028 | 1,665 | 3,195 | 648 |
| 30 Sep 18 | 21,766 | 1,708 | 3,332 | 642 |
| 30 Jun 18 | 21,504 | 1,751 | 3,468 | 636 |
| 31 Mar 18 | 21,732 | 1,720 | 3,659 | 639 |
| 31 Dec 17 | 21,960 | 1,689 | 3,849 | 641 |
| 30 Sep 17 | 21,817 | 1,721 | 3,874 | 663 |
| 30 Jun 17 | 21,674 | 1,752 | 3,898 | 684 |
| 31 Mar 17 | 21,291 | 1,708 | 3,862 | 701 |
| 31 Dec 16 | 20,907 | 1,664 | 3,826 | 718 |
| 30 Sep 16 | 20,951 | 1,445 | 3,822 | 710 |
| 30 Jun 16 | 20,994 | 1,225 | 3,817 | 701 |
| 31 Mar 16 | 21,097 | 1,193 | 3,802 | 695 |
| 31 Dec 15 | 21,199 | 1,160 | 3,786 | 689 |
| 30 Sep 15 | 20,788 | 1,137 | 3,758 | 688 |
| 30 Jun 15 | 20,377 | 1,113 | 3,730 | 686 |
Quality Earnings: ML has high quality earnings.
Growing Profit Margin: ML's current net profit margins (7.7%) are higher than last year (3.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ML's earnings have declined by 5.9% per year over the past 5 years.
Accelerating Growth: ML's earnings growth over the past year (192.8%) exceeds its 5-year average (-5.9% per year).
Earnings vs Industry: ML earnings growth over the past year (192.8%) exceeded the Auto Components industry 29.4%.
Return on Equity
High ROE: ML's Return on Equity (12.3%) is considered low.