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Pirelli & C SpA
MIL:PIRC

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Pirelli & C SpA
MIL:PIRC
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Price: 6.48 EUR 2.66% Market Closed
Market Cap: €6.5B

Gross Margin

64%
Current
Improving
by 1.9%
vs 3-y average of 62.1%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
64%
=
Gross Profit
€6.6B
/
Revenue
€10.3B

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
64%
=
Gross Profit
€6.6B
/
Revenue
€10.3B

Peer Comparison

Country Company Market Cap Gross
Margin
IT
Pirelli & C SpA
MIL:PIRC
6.5B EUR
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JP
Bridgestone Corp
TSE:5108
4.9T JPY
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FR
Compagnie Generale des Etablissements Michelin SCA
PAR:ML
24B EUR
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CN
Sailun Group Co Ltd
SSE:601058
52B CNY
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IN
MRF Ltd
NSE:MRF
641.3B INR
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JP
Yokohama Rubber Co Ltd
TSE:5101
1.1T JPY
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KR
Hankook Tire & Technology Co Ltd
KRX:161390
8.9T KRW
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IN
Balkrishna Industries Ltd
NSE:BALKRISIND
510.6B INR
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JP
Toyo Tire Corp
TSE:5105
715.6B JPY
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JP
Sumitomo Rubber Industries Ltd
TSE:5110
687.3B JPY
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CN
Anhui Zhongding Sealing Parts Co Ltd
SZSE:000887
28.2B CNY
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Market Distribution

In line with most companies in Italy
Percentile
67th
Based on 1 134 companies
67th percentile
64%
Low
-40 300% — 38.1%
Typical Range
38.1% — 67.8%
High
67.8% — 1 132%
Distribution Statistics
Italy
Min -40 300%
30th Percentile 38.1%
Median 52.1%
70th Percentile 67.8%
Max 1 132%

Pirelli & C SpA
Glance View

Market Cap
6.5B EUR
Industry
Auto Components

Pirelli & C SpA, a renowned name in the tire industry, has carved out a niche as one of the world’s leading tire manufacturers with a focus on the premium and prestige segments. Founded in 1872 in Milan, Italy, the company has a long-standing tradition of excellence and innovation. Over the decades, Pirelli has built a reputation for crafting high-quality tires that blend advanced technology with a commitment to performance and safety. The company's product portfolio extends beyond regular passenger car tires to include high-performance solutions for motorcycles, SUVs, and specialty vehicles, aligning with its strategic emphasis on the top end of the market. Pirelli combines an understanding of the road with a deep appreciation of automotive culture, which has led to partnerships with prestigious car manufacturers and involvement in motorsports, further enhancing its brand and innovative prowess. In addition to producing high-performance tires, Pirelli generates revenue through various strategic avenues. The company stands out for its robust synergies between research and development and its marketing strategies, ensuring that each product launch is meticulously fine-tuned to meet consumer demand and trends. Pirelli continuously invests in cutting-edge technologies and sustainability initiatives, aiming to reduce environmental impact while enhancing tire efficiency and longevity. By leveraging its global presence and distribution network, Pirelli reaches customers in over 160 countries, bolstered by its retail and service network that supports both direct consumer sales and OEM agreements. This multifaceted approach enables Pirelli to capture a significant share of the global tire market while solidifying its position as an innovative leader in automotive solutions.

PIRC Intrinsic Value
8.67 EUR
Undervaluation 25%
Intrinsic Value
Price
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
64%
=
Gross Profit
€6.6B
/
Revenue
€10.3B
What is Pirelli & C SpA's current Gross Margin?

The current Gross Margin for Pirelli & C SpA is 64%, which is above its 3-year median of 62.1%.

How has Gross Margin changed over time?

Over the last 3 years, Pirelli & C SpA’s Gross Margin has increased from 61.1% to 64%. During this period, it reached a low of 42% on Dec 31, 2022 and a high of 64.2% on Mar 31, 2025.

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