Compagnie Générale des Établissements Michelin Société en commandite par actions Past Earnings Performance
Past criteria checks 1/6
Compagnie Générale des Établissements Michelin Société en commandite par actions has been growing earnings at an average annual rate of 10.3%, while the Auto Components industry saw earnings growing at 11.5% annually. Revenues have been growing at an average rate of 6.2% per year. Compagnie Générale des Établissements Michelin Société en commandite par actions's return on equity is 11%, and it has net margins of 7%.
Key information
10.3%
Earnings growth rate
10.4%
EPS growth rate
| Auto Components Industry Growth | 9.6% |
| Revenue growth rate | 6.2% |
| Return on equity | 11.0% |
| Net Margin | 7.0% |
| Next Earnings Update | 24 Jul 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
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 23 | 28,343 | 1,980 | 3,670 | 756 |
| 30 Sep 23 | 28,862 | 2,178 | 3,622 | 741 |
| 30 Jun 23 | 29,380 | 2,376 | 3,574 | 725 |
| 31 Mar 23 | 28,985 | 2,188 | 3,539 | 712 |
| 31 Dec 22 | 28,590 | 1,999 | 3,504 | 698 |
| 30 Sep 22 | 27,241 | 1,827 | 3,487 | 696 |
| 30 Jun 22 | 25,892 | 1,654 | 3,469 | 694 |
| 31 Mar 22 | 24,844 | 1,747 | 3,401 | 688 |
| 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 |
| 31 Mar 15 | 19,965 | 1,069 | 3,665 | 671 |
| 31 Dec 14 | 19,553 | 1,025 | 3,599 | 656 |
| 30 Sep 14 | 19,657 | 1,129 | 3,612 | 653 |
| 30 Jun 14 | 19,761 | 1,233 | 3,624 | 649 |
| 31 Mar 14 | 20,004 | 1,177 | 3,641 | 646 |
| 31 Dec 13 | 20,247 | 1,120 | 3,658 | 643 |
| 30 Sep 13 | 20,587 | 1,117 | 3,677 | 636 |
| 30 Jun 13 | 20,927 | 1,113 | 3,695 | 629 |
Quality Earnings: ML N has a large one-off loss of €780.0M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: ML N's current net profit margins (7%) are lower than last year (7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ML N's earnings have grown by 10.3% per year over the past 5 years.
Accelerating Growth: ML N's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ML N had negative earnings growth (-1%) over the past year, making it difficult to compare to the Auto Components industry average (18.9%).
Return on Equity
High ROE: ML N's Return on Equity (11%) is considered low.