Compagnie Generale des Etablissements Michelin SCA (ML) - Cash Flow Conversion Efficiency

Latest as of June 2025: 0.044x

Based on the latest financial reports, Compagnie Generale des Etablissements Michelin SCA (ML) has a cash flow conversion efficiency ratio of 0.044x as of June 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€789.00 Million ≈ $922.42 Million USD) by net assets (€17.74 Billion ≈ $20.74 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Compagnie Generale des Etablissements Mi (ML) net asset quality to measure how much of total assets are equity-financed.

Compagnie Generale des Etablissements Michelin SCA - Cash Flow Conversion Efficiency Trend (2002–2025)

This chart illustrates how Compagnie Generale des Etablissements Michelin SCA's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check earnings quality score of Compagnie Generale des Etablissements Mi to evaluate the quality of earnings relative to operating cash generation.

Compagnie Generale des Etablissements Michelin SCA Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Compagnie Generale des Etablissements Michelin SCA ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
GE HEALTHCARE TECH.INC. F:L0T	0.027x
Qnity Electronics, Inc NYSE:Q	0.067x
Semiconductor Manufacturing International Corporation F:MKN2	0.041x
POP MART INT.GRP.DL-0001 F:735	N/A
Jiangsu Hengli Hydraulic Co Ltd SHG:601100	0.021x
KeyCorp NYSE:KEY	-0.003x
First Quantum Minerals Ltd TO:FM	0.186x
Public Bank Bhd KLSE:1295	0.028x

Annual Cash Flow Conversion Efficiency for Compagnie Generale des Etablissements Michelin SCA (2002–2025)

The table below shows the annual cash flow conversion efficiency of Compagnie Generale des Etablissements Michelin SCA from 2002 to 2025. For the full company profile with market capitalisation and key ratios, see ML market cap overview.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	€18.08 Billion ≈ $21.13 Billion	€3.82 Billion ≈ $4.46 Billion	0.211x	-9.20%
2024-12-31	€18.63 Billion ≈ $21.79 Billion	€4.34 Billion ≈ $5.07 Billion	0.233x	-20.96%
2023-12-31	€17.96 Billion ≈ $20.99 Billion	€5.29 Billion ≈ $6.18 Billion	0.294x	+160.96%
2022-12-31	€17.12 Billion ≈ $20.01 Billion	€1.93 Billion ≈ $2.26 Billion	0.113x	-41.88%
2021-12-31	€14.97 Billion ≈ $17.50 Billion	€2.91 Billion ≈ $3.40 Billion	0.194x	-27.16%
2020-12-31	€12.63 Billion ≈ $14.77 Billion	€3.37 Billion ≈ $3.94 Billion	0.266x	+6.15%
2019-12-31	€13.23 Billion ≈ $15.47 Billion	€3.32 Billion ≈ $3.88 Billion	0.251x	+8.02%
2018-12-31	€12.18 Billion ≈ $14.24 Billion	€2.83 Billion ≈ $3.31 Billion	0.232x	-4.52%
2017-12-31	€11.26 Billion ≈ $13.17 Billion	€2.74 Billion ≈ $3.20 Billion	0.243x	-6.28%
2016-12-31	€10.65 Billion ≈ $12.45 Billion	€2.77 Billion ≈ $3.23 Billion	0.260x	-8.04%
2015-12-31	€9.54 Billion ≈ $11.16 Billion	€2.69 Billion ≈ $3.15 Billion	0.282x	+6.59%
2014-12-31	€9.52 Billion ≈ $11.13 Billion	€2.52 Billion ≈ $2.95 Billion	0.265x	-20.60%
2013-12-31	€9.26 Billion ≈ $10.82 Billion	€3.09 Billion ≈ $3.61 Billion	0.334x	-3.04%
2012-12-31	€8.50 Billion ≈ $9.94 Billion	€2.93 Billion ≈ $3.42 Billion	0.344x	+133.14%
2011-12-31	€8.10 Billion ≈ $9.47 Billion	€1.20 Billion ≈ $1.40 Billion	0.148x	-9.24%
2010-12-31	€8.13 Billion ≈ $9.50 Billion	€1.32 Billion ≈ $1.55 Billion	0.163x	-57.90%
2009-12-31	€5.50 Billion ≈ $6.42 Billion	€2.12 Billion ≈ $2.48 Billion	0.386x	+115.89%
2008-12-31	€5.11 Billion ≈ $5.98 Billion	€915.00 Million ≈ $1.07 Billion	0.179x	-49.16%
2007-12-31	€5.29 Billion ≈ $6.18 Billion	€1.86 Billion ≈ $2.18 Billion	0.352x	+41.40%
2006-12-31	€4.69 Billion ≈ $5.48 Billion	€1.17 Billion ≈ $1.36 Billion	0.249x	+12.69%
2005-12-31	€4.53 Billion ≈ $5.29 Billion	€1.00 Billion ≈ $1.17 Billion	0.221x	-32.94%
2004-12-31	€3.55 Billion ≈ $4.15 Billion	€1.17 Billion ≈ $1.37 Billion	0.329x	-5.83%
2003-12-31	€4.41 Billion ≈ $5.15 Billion	€1.54 Billion ≈ $1.80 Billion	0.350x	+2.63%
2002-12-31	€4.50 Billion ≈ $5.26 Billion	€1.53 Billion ≈ $1.79 Billion	0.341x	--

About Compagnie Generale des Etablissements Michelin SCA

PA:ML France Automobiles & Auto Parts

Market Cap

$29.05 Billion

€24.85 Billion EUR

Market Cap Rank

#1113 Global

#26 in France

Share Price

€34.84

Change (1 day)

+0.35%

52-Week Range

€26.11 - €34.84

All Time High

€38.37