Compagnie Generale des Etablissements Michelin SCA (ML) — Cash Flow Reinvestment Rate

Latest as of June 2025: 0.41x

Compagnie Generale des Etablissements Michelin SCA (ML) has a Cash Flow Reinvestment Rate of 0.41x as of June 2025, reinvesting €327.00 Million (capex €327.00 Million ) from operating cash flow of €789.00 Million. See Compagnie Generale des Etablissements Mi free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.41x
(Capex + Investments) / Operating CF

Total Reinvested

€327.00 Million
Capex + Investments

Operating Cash Flow

€789.00 Million
EUR

Capital Expenditures

€327.00 Million
EUR

Compagnie Generale des Etablissements Michelin SCA Cash Flow Reinvestment Rate (2002–2025)

Historical reinvestment intensity for Compagnie Generale des Etablissements Michelin SCA across 24 annual periods. For the full cash flow conversion analysis, see ML cash flow metrics.

Annual Cash Flow Reinvestment Rate for Compagnie Generale des Etablissements Michelin SCA (2002–2025)

Year-by-year capital reinvestment analysis for Compagnie Generale des Etablissements Michelin SCA. See Compagnie Generale des Etablissements Mi (ML) flexibility index to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (EUR) Operating CF Capex YoY Change
2025 0.58x €2.20 Billion €3.82 Billion €2.03 Billion ▼ -42.8%
2024 1.01x €4.38 Billion €4.34 Billion €2.27 Billion ▲ +3.3%
2023 0.98x €5.17 Billion €5.29 Billion €2.24 Billion ▼ -53.8%
2022 2.12x €4.09 Billion €1.93 Billion €2.14 Billion ▲ +227.3%
2021 0.65x €1.88 Billion €2.91 Billion €1.71 Billion ▼ -16.6%
2020 0.78x €2.61 Billion €3.37 Billion €1.22 Billion ▼ -36.4%
2019 1.22x €4.05 Billion €3.32 Billion €1.80 Billion ▲ +96.6%
2018 0.62x €1.75 Billion €2.83 Billion €1.53 Billion ▼ -5.2%
2017 0.65x €1.79 Billion €2.74 Billion €1.67 Billion ▼ -52.9%
2016 1.39x €3.84 Billion €2.77 Billion €1.81 Billion ▲ +108.4%
2015 0.67x €1.80 Billion €2.69 Billion €1.77 Billion ▼ -16.3%
2014 0.80x €2.01 Billion €2.52 Billion €1.84 Billion ▲ +12.8%
2013 0.71x €2.18 Billion €3.09 Billion €1.97 Billion ▲ +3.5%
2012 0.68x €2.00 Billion €2.93 Billion €2.00 Billion ▼ -51.1%
2011 1.39x €1.67 Billion €1.20 Billion €1.67 Billion ▲ +91.3%
2010 0.73x €964.00 Million €1.32 Billion €964.00 Million ▲ +119.0%
2009 0.33x €707.00 Million €2.12 Billion €707.00 Million ▼ -76.4%
2008 1.41x €1.29 Billion €915.00 Million €1.29 Billion ▲ +76.8%
2007 0.80x €1.48 Billion €1.86 Billion €1.48 Billion ▼ -15.5%
2006 0.94x €1.10 Billion €1.17 Billion €1.10 Billion ▼ -11.0%
2005 1.06x €1.06 Billion €1.00 Billion €1.06 Billion ▲ +39.4%
2004 0.76x €888.00 Million €1.17 Billion €888.00 Million ▲ +4.9%
2003 0.72x €1.12 Billion €1.54 Billion €1.12 Billion ▲ +15.0%
2002 0.63x €966.96 Million €1.53 Billion €966.96 Million —
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow