Compagnie Générale des Établissements Michelin (MCHA) Ratios
Compagnie Générale des Établissements Michelin Ratios
DE:MCHA's free cash flow for Q2 2026 was $306.00M. For the 2026 fiscal year, DE:MCHA's free cash flow was decreased by $-799.00M and operating cash flow was $1.10B. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.90 | 1.76 | 1.77 | 1.67 | 1.68 |
| Quick Ratio | 1.22 | 1.11 | 1.06 | 0.95 | 1.09 |
| Cash Ratio | 0.49 | 0.43 | 0.32 | 0.29 | 0.51 |
| Solvency Ratio | 0.22 | 0.19 | 0.23 | 0.22 | 0.19 |
| Operating Cash Flow Ratio | 0.51 | 0.50 | 0.68 | 0.21 | 0.33 |
| Short-Term Operating Cash Flow Coverage | 6.40 | 3.23 | 8.95 | 1.06 | 1.73 |
| Net Current Asset Value | $ -2.67B | $ -3.38B | $ -3.57B | $ -3.16B | $ -4.65B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.19 | 0.20 | 0.18 | 0.21 | 0.23 |
| Debt-to-Equity Ratio | 0.37 | 0.40 | 0.35 | 0.44 | 0.53 |
| Debt-to-Capital Ratio | 0.27 | 0.28 | 0.26 | 0.30 | 0.35 |
| Long-Term Debt-to-Capital Ratio | 0.22 | 0.21 | 0.21 | 0.22 | 0.26 |
| Financial Leverage Ratio | 1.94 | 2.01 | 1.96 | 2.07 | 2.31 |
| Debt Service Coverage Ratio | 4.26 | 2.46 | 4.48 | 2.05 | 2.09 |
| Interest Coverage Ratio | 6.68 | 12.12 | 6.85 | 13.69 | 15.02 |
| Debt to Market Cap | 0.28 | 0.28 | 0.23 | 0.35 | 0.27 |
| Interest Debt Per Share | 9.88 | 10.69 | 9.28 | 10.80 | 11.49 |
| Net Debt to EBITDA | 0.63 | 0.83 | 0.76 | 0.99 | 0.77 |
| Profitability Margins | |||||
| Gross Profit Margin | 27.00% | 28.49% | 28.04% | 26.09% | 29.03% |
| EBIT Margin | 10.05% | 9.68% | 10.15% | 10.51% | 11.46% |
| EBITDA Margin | 17.88% | 16.15% | 17.24% | 17.13% | 19.10% |
| Operating Profit Margin | 9.10% | 9.68% | 9.36% | 11.64% | 12.25% |
| Pretax Profit Margin | 8.69% | 8.99% | 8.79% | 9.50% | 10.67% |
| Net Profit Margin | 6.41% | 6.93% | 7.00% | 7.00% | 7.75% |
| Continuous Operations Profit Margin | 6.40% | 6.95% | 7.00% | 7.03% | 7.75% |
| Net Income Per EBT | 73.74% | 77.06% | 79.64% | 73.70% | 72.60% |
| EBT Per EBIT | 95.44% | 92.93% | 93.89% | 81.61% | 87.17% |
| Return on Assets (ROA) | 4.75% | 5.04% | 5.63% | 5.66% | 5.34% |
| Return on Equity (ROE) | 9.21% | 10.12% | 11.04% | 11.69% | 12.31% |
| Return on Capital Employed (ROCE) | 8.60% | 9.19% | 9.66% | 12.65% | 11.34% |
| Return on Invested Capital (ROIC) | 6.15% | 6.73% | 7.47% | 8.93% | 7.96% |
| Return on Tangible Assets | 5.47% | 5.81% | 6.52% | 6.98% | 6.55% |
| Earnings Yield | 8.34% | 8.35% | 8.51% | 10.81% | 7.17% |
| Efficiency Ratios | |||||
| Receivables Turnover | 7.50 | 7.22 | 5.81 | 5.67 | 5.67 |
| Payables Turnover | 5.67 | 5.15 | 5.66 | 6.19 | 5.32 |
| Inventory Turnover | 3.73 | 3.41 | 3.74 | 3.26 | 3.21 |
| Fixed Asset Turnover | 1.97 | 1.94 | 2.12 | 2.17 | 1.94 |
| Asset Turnover | 0.74 | 0.73 | 0.81 | 0.81 | 0.69 |
| Working Capital Turnover Ratio | 3.88 | 4.33 | 4.74 | 4.72 | 3.96 |
| Cash Conversion Cycle | 82.26 | 86.66 | 95.76 | 117.33 | 109.38 |
| Days of Sales Outstanding | 48.67 | 50.55 | 62.79 | 64.42 | 64.38 |
| Days of Inventory Outstanding | 97.98 | 106.98 | 97.48 | 111.92 | 113.60 |
| Days of Payables Outstanding | 64.39 | 70.86 | 64.52 | 59.01 | 68.60 |
| Operating Cycle | 146.65 | 157.52 | 160.28 | 176.34 | 177.98 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 5.42 | 6.11 | 7.40 | 2.71 | 4.07 |
| Free Cash Flow Per Share | 2.54 | 2.92 | 4.27 | -0.29 | 1.68 |
| Dividend Paid and CapEx Coverage Ratio | 1.27 | 1.34 | 1.69 | 0.66 | 1.37 |
| Capital Expenditure Coverage Ratio | 1.88 | 1.91 | 2.36 | 0.90 | 1.70 |
| Operating Cash Flow Coverage Ratio | 0.58 | 0.59 | 0.85 | 0.26 | 0.36 |
| Operating Cash Flow to Sales Ratio | 0.15 | 0.16 | 0.19 | 0.07 | 0.12 |
| Free Cash Flow Yield | 8.97% | 9.17% | 13.10% | -1.13% | 4.67% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 12.00 | 12.00 | 11.75 | 9.25 | 13.94 |
| Price-to-Sales (P/S) Ratio | 0.77 | 0.83 | 0.82 | 0.65 | 1.08 |
| Price-to-Book (P/B) Ratio | 1.10 | 1.21 | 1.30 | 1.08 | 1.72 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 11.15 | 10.90 | 7.63 | -88.16 | 21.41 |
| Price-to-Operating Cash Flow Ratio | 5.23 | 5.21 | 4.41 | 9.59 | 8.85 |
| Price-to-Earnings Growth (PEG) Ratio | -1.10 | -2.57 | -11.00 | 1.04 | 0.07 |
| Enterprise Value Multiple | 4.92 | 5.97 | 5.53 | 4.77 | 6.43 |
| Enterprise Value | 22.88B | 26.21B | 27.02B | 23.38B | 29.23B |
| EV to EBITDA | 4.92 | 5.97 | 5.53 | 4.77 | 6.43 |
| EV to Sales | 0.88 | 0.96 | 0.95 | 0.82 | 1.23 |
| EV to Free Cash Flow | 12.78 | 12.65 | 8.86 | -111.35 | 24.34 |
| EV to Operating Cash Flow | 5.99 | 6.04 | 5.11 | 12.11 | 10.06 |
| Tangible Book Value Per Share | 19.11 | 19.28 | 18.46 | 14.67 | 12.04 |
| Shareholders’ Equity Per Share | 25.64 | 26.24 | 25.14 | 24.02 | 20.99 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.26 | 0.23 | 0.20 | 0.24 | 0.25 |
| Revenue Per Share | 36.87 | 38.31 | 39.68 | 40.13 | 33.35 |
| Net Income Per Share | 2.36 | 2.65 | 2.78 | 2.81 | 2.58 |
| Tax Burden | 0.74 | 0.77 | 0.80 | 0.74 | 0.73 |
| Interest Burden | 0.86 | 0.93 | 0.87 | 0.90 | 0.93 |
| Research & Development to Revenue | 0.01 | 0.03 | 0.03 | 0.02 | 0.03 |
| SG&A to Revenue | 0.13 | 0.13 | 0.08 | 0.08 | 0.09 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 2.30 | 2.29 | 2.67 | 0.97 | 1.58 |
Currency in EUR