Compagnie Générale des Établissements Michelin Société en commandite par actions
Income Statement

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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Compagnie Générale des Établissements Michelin Société en commandite par actions's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 1% to $28,343,000,000. Profit margin reached 7%. Total operating expenses were $5,296,000,000.

Profit Margin

Compagnie Générale des Établissements Michelin Société en commandite par actions (OTC:MGDDY): Profit margin
2014 19.55B 1.02B 5.24%
2015 21.19B 1.16B 5.47%
2016 20.90B 1.67B 8.02%
2017 21.96B 1.68B 7.69%
2018 22.02B 1.67B 7.61%
2019 24.13B 1.74B 7.21%
2020 20.46B 632M 3.09%
2021 23.79B 1.84B 7.75%
2022 28.59B 2.00B 7%
2023 28.34B 1.98B 7%

MGDDY Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
28.34B28.59B23.79B20.46B24.13B22.02B21.96B20.90B21.19B19.55B
Cost of revenue
20.39B21.05B16.81B14.75B17.05B14.91B14.81B13.81B14.23B13.29B
Gross profit
7.94B7.53B6.98B5.71B7.08B7.11B7.14B7.09B6.96B6.25B
Operating exp.
Research and development
756M698M682M646M687M648M641M718M689M656M
Selling and marketing
1.21B1.17B1.13B1.19B1.38B1.86B1.86B1.90B1.92B1.84B
Total operating expenses
5.29B4.40B4.00B3.96B4.07B4.38B4.39B4.09B4.36B4.24B
Operating income
2.65B3.02B2.77B1.40B2.69B2.55B2.63B2.79B2.20B1.99B
Other income (expenses), net
-162M-365M-306M-424M-455M-320M-277M-327M-338M-340M
Income before tax
2.49B2.65B2.47B979M2.23B2.23B2.35B2.46B1.86B1.65B
Income tax expense
507M647M626M354M506M570M661M797M706M620M
Net income
1.98B2.00B1.84B632M1.74B1.67B1.68B1.67B1.16B1.02B
Earnings per share
Basic EPS
2.752.812.580.882.421.171.171.150.790.69
Diluted EPS
2.752.792.560.882.411.161.171.130.770.68