Compagnie Generale des Etablissements Michelin SCA
OTC:MGDDY
Income Statement
Earnings Waterfall
Compagnie Generale des Etablissements Michelin SCA
Revenue
|
28.3B
EUR
|
Cost of Revenue
|
-20.4B
EUR
|
Gross Profit
|
7.9B
EUR
|
Operating Expenses
|
-4.5B
EUR
|
Operating Income
|
3.4B
EUR
|
Other Expenses
|
-1.5B
EUR
|
Net Income
|
2B
EUR
|
Income Statement
Compagnie Generale des Etablissements Michelin SCA
Dec-2003 | Jun-2004 | Dec-2004 | Jun-2005 | Dec-2005 | Jun-2006 | Dec-2006 | Jun-2007 | Dec-2007 | Jun-2008 | Dec-2008 | Jun-2009 | Dec-2009 | Jun-2010 | Dec-2010 | Jun-2011 | Dec-2011 | Jun-2012 | Dec-2012 | Jun-2013 | Dec-2013 | Jun-2014 | Dec-2014 | Jun-2015 | Dec-2015 | Jun-2016 | Dec-2016 | Jun-2017 | Dec-2017 | Jun-2018 | Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
15 946
N/A
|
15 869
0%
|
15 048
-5%
|
15 052
+0%
|
15 590
+4%
|
16 123
+3%
|
16 384
+2%
|
16 763
+2%
|
16 867
+1%
|
16 704
-1%
|
16 408
-2%
|
15 303
-7%
|
14 807
-3%
|
16 022
+8%
|
17 891
+12%
|
19 647
+10%
|
20 719
+5%
|
21 320
+3%
|
32 180
+51%
|
31 633
-2%
|
20 247
-36%
|
19 761
-2%
|
19 553
-1%
|
20 377
+4%
|
21 199
+4%
|
20 994
-1%
|
20 907
0%
|
21 674
+4%
|
21 960
+1%
|
21 504
-2%
|
22 028
+2%
|
23 206
+5%
|
24 135
+4%
|
21 711
-10%
|
20 469
-6%
|
22 304
+9%
|
23 795
+7%
|
25 892
+9%
|
28 590
+10%
|
29 380
+3%
|
28 343
-4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(5 373)
|
(8 070)
|
(10 212)
|
(10 294)
|
(10 835)
|
(11 401)
|
(11 653)
|
(11 770)
|
(11 760)
|
(11 797)
|
(12 024)
|
(11 385)
|
(10 527)
|
(11 056)
|
(12 387)
|
(13 831)
|
(14 821)
|
(14 947)
|
(22 048)
|
(21 730)
|
(13 841)
|
(13 380)
|
(13 299)
|
(13 829)
|
(14 238)
|
(13 843)
|
(13 810)
|
(14 557)
|
(14 815)
|
(14 793)
|
(15 517)
|
(16 412)
|
(17 053)
|
(15 880)
|
(14 754)
|
(15 474)
|
(16 810)
|
(18 654)
|
(21 052)
|
(21 610)
|
(20 395)
|
|
Gross Profit |
10 574
N/A
|
7 438
-30%
|
4 836
-35%
|
4 758
-2%
|
4 755
0%
|
4 722
-1%
|
4 731
+0%
|
4 993
+6%
|
5 107
+2%
|
4 907
-4%
|
4 384
-11%
|
3 918
-11%
|
4 280
+9%
|
4 966
+16%
|
5 504
+11%
|
5 816
+6%
|
5 898
+1%
|
6 373
+8%
|
10 132
+59%
|
9 903
-2%
|
6 406
-35%
|
6 381
0%
|
6 254
-2%
|
6 548
+5%
|
6 961
+6%
|
7 151
+3%
|
7 097
-1%
|
7 117
+0%
|
7 145
+0%
|
6 711
-6%
|
6 511
-3%
|
6 794
+4%
|
7 082
+4%
|
5 831
-18%
|
5 715
-2%
|
6 830
+20%
|
6 985
+2%
|
7 238
+4%
|
7 538
+4%
|
7 770
+3%
|
7 948
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(9 769)
|
(6 676)
|
(3 533)
|
(3 451)
|
(3 387)
|
(3 396)
|
(3 393)
|
(3 439)
|
(3 462)
|
(3 415)
|
(3 464)
|
(3 424)
|
(3 418)
|
(3 564)
|
(3 753)
|
(3 892)
|
(3 953)
|
(4 075)
|
(6 306)
|
(6 272)
|
(4 172)
|
(4 147)
|
(4 067)
|
(4 275)
|
(4 444)
|
(4 835)
|
(4 097)
|
(4 247)
|
(4 395)
|
(4 044)
|
(3 778)
|
(4 045)
|
(4 071)
|
(3 870)
|
(3 872)
|
(3 827)
|
(3 980)
|
(4 268)
|
(4 399)
|
(4 408)
|
(4 502)
|
|
Selling, General & Administrative |
(5 241)
|
(3 994)
|
(2 883)
|
(2 836)
|
(2 774)
|
(2 788)
|
(2 764)
|
(2 789)
|
(2 807)
|
(2 819)
|
(2 891)
|
(2 815)
|
(2 763)
|
(2 909)
|
(3 080)
|
(3 250)
|
(3 327)
|
(3 412)
|
(5 269)
|
(5 251)
|
(3 485)
|
(3 457)
|
(3 450)
|
(3 575)
|
(3 657)
|
(3 664)
|
(3 415)
|
(3 700)
|
(3 697)
|
(3 383)
|
(3 171)
|
(3 312)
|
(3 316)
|
(3 124)
|
(3 121)
|
(3 158)
|
(3 306)
|
(3 417)
|
(3 471)
|
(3 467)
|
(3 580)
|
|
Research & Development |
0
|
(305)
|
(576)
|
(560)
|
(565)
|
(578)
|
(591)
|
(579)
|
(561)
|
(528)
|
(499)
|
(492)
|
(506)
|
(530)
|
(542)
|
(559)
|
(592)
|
(607)
|
(928)
|
(935)
|
(643)
|
(649)
|
(656)
|
(686)
|
(689)
|
(701)
|
(718)
|
(684)
|
(641)
|
(636)
|
(648)
|
(659)
|
(687)
|
(665)
|
(646)
|
(663)
|
(682)
|
(694)
|
(698)
|
(725)
|
(756)
|
|
Depreciation & Amortization |
(1 156)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(39)
|
(84)
|
(91)
|
(91)
|
(87)
|
(83)
|
(78)
|
(75)
|
(78)
|
(80)
|
(91)
|
|
Other Operating Expenses |
(3 371)
|
(2 377)
|
(74)
|
(55)
|
(48)
|
(30)
|
(38)
|
(71)
|
(94)
|
(68)
|
(74)
|
(117)
|
(149)
|
(125)
|
(131)
|
(83)
|
(34)
|
(56)
|
(109)
|
(86)
|
(44)
|
(41)
|
39
|
(14)
|
(98)
|
(470)
|
36
|
137
|
(57)
|
(25)
|
80
|
10
|
23
|
10
|
(18)
|
77
|
86
|
(82)
|
(152)
|
(136)
|
(75)
|
|
Operating Income |
805
N/A
|
1 122
+39%
|
1 303
+16%
|
1 307
+0%
|
1 368
+5%
|
1 326
-3%
|
1 338
+1%
|
1 554
+16%
|
1 645
+6%
|
1 492
-9%
|
920
-38%
|
494
-46%
|
862
+74%
|
1 402
+63%
|
1 751
+25%
|
1 924
+10%
|
1 945
+1%
|
2 298
+18%
|
3 826
+66%
|
3 631
-5%
|
2 234
-38%
|
2 234
N/A
|
2 187
-2%
|
2 273
+4%
|
2 517
+11%
|
2 316
-8%
|
3 000
+30%
|
2 870
-4%
|
2 750
-4%
|
2 667
-3%
|
2 733
+2%
|
2 749
+1%
|
3 011
+10%
|
1 961
-35%
|
1 843
-6%
|
3 003
+63%
|
3 005
+0%
|
2 970
-1%
|
3 139
+6%
|
3 362
+7%
|
3 446
+2%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(225)
|
(244)
|
(254)
|
(119)
|
25
|
8
|
(117)
|
(242)
|
(224)
|
(212)
|
(240)
|
(267)
|
(240)
|
(200)
|
(183)
|
(178)
|
(191)
|
(174)
|
(211)
|
(179)
|
(80)
|
(106)
|
(122)
|
(164)
|
(174)
|
(211)
|
(200)
|
(167)
|
(152)
|
(150)
|
(247)
|
(325)
|
(342)
|
(376)
|
(350)
|
(262)
|
(258)
|
(221)
|
(328)
|
(268)
|
(99)
|
|
Non-Reccuring Items |
19
|
0
|
(64)
|
(64)
|
206
|
46
|
(220)
|
(123)
|
(326)
|
(263)
|
(77)
|
(369)
|
(412)
|
(120)
|
0
|
0
|
0
|
97
|
143
|
(204)
|
(260)
|
(97)
|
(196)
|
(109)
|
(310)
|
0
|
(209)
|
(13)
|
(119)
|
(106)
|
(183)
|
(201)
|
(320)
|
(441)
|
(440)
|
(340)
|
(228)
|
(373)
|
(118)
|
16
|
(794)
|
|
Total Other Income |
0
|
0
|
0
|
(153)
|
(299)
|
(182)
|
(59)
|
(25)
|
(24)
|
(11)
|
(83)
|
(94)
|
(3)
|
(27)
|
(14)
|
28
|
242
|
122
|
(301)
|
(298)
|
(192)
|
(161)
|
(218)
|
(228)
|
(164)
|
(124)
|
(127)
|
(136)
|
(125)
|
(108)
|
(73)
|
(82)
|
(113)
|
(86)
|
(74)
|
(68)
|
(48)
|
(45)
|
(37)
|
(68)
|
(63)
|
|
Pre-Tax Income |
599
N/A
|
879
+47%
|
985
+12%
|
971
-1%
|
1 300
+34%
|
1 198
-8%
|
942
-21%
|
1 164
+24%
|
1 071
-8%
|
1 006
-6%
|
520
-48%
|
(236)
N/A
|
207
N/A
|
1 055
+410%
|
1 554
+47%
|
1 774
+14%
|
1 996
+13%
|
2 343
+17%
|
3 457
+48%
|
2 950
-15%
|
1 702
-42%
|
1 870
+10%
|
1 651
-12%
|
1 772
+7%
|
1 869
+5%
|
1 981
+6%
|
2 464
+24%
|
2 554
+4%
|
2 354
-8%
|
2 303
-2%
|
2 230
-3%
|
2 141
-4%
|
2 236
+4%
|
1 058
-53%
|
979
-7%
|
2 333
+138%
|
2 471
+6%
|
2 331
-6%
|
2 656
+14%
|
3 042
+15%
|
2 490
-18%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(261)
|
(345)
|
(331)
|
(297)
|
(411)
|
(418)
|
(369)
|
(432)
|
(299)
|
(240)
|
(163)
|
41
|
(103)
|
(325)
|
(468)
|
(510)
|
(534)
|
(687)
|
(1 090)
|
(952)
|
(575)
|
(631)
|
(620)
|
(658)
|
(706)
|
(756)
|
(797)
|
(793)
|
(661)
|
(556)
|
(570)
|
(547)
|
(506)
|
(316)
|
(354)
|
(539)
|
(626)
|
(675)
|
(647)
|
(656)
|
(507)
|
|
Income from Continuing Operations |
338
|
533
|
654
|
674
|
889
|
780
|
573
|
732
|
772
|
766
|
357
|
(195)
|
104
|
730
|
1 086
|
1 264
|
1 462
|
1 656
|
2 367
|
1 998
|
1 127
|
1 239
|
1 031
|
1 114
|
1 163
|
1 225
|
1 667
|
1 761
|
1 693
|
1 747
|
1 660
|
1 594
|
1 730
|
742
|
625
|
1 794
|
1 845
|
1 656
|
2 009
|
2 386
|
1 983
|
|
Income to Minority Interest |
(11)
|
(12)
|
(9)
|
3
|
0
|
(4)
|
(1)
|
1
|
2
|
1
|
3
|
6
|
2
|
(2)
|
(1)
|
0
|
0
|
0
|
(1)
|
(1)
|
0
|
0
|
0
|
2
|
5
|
7
|
9
|
5
|
7
|
15
|
17
|
23
|
21
|
10
|
7
|
2
|
(1)
|
(1)
|
(8)
|
(8)
|
0
|
|
Equity Earnings Affiliates |
(9)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
318
N/A
|
517
+63%
|
645
+25%
|
677
+5%
|
889
+31%
|
776
-13%
|
572
-26%
|
728
+27%
|
765
+5%
|
758
-1%
|
356
-53%
|
(188)
N/A
|
104
N/A
|
720
+592%
|
1 073
+49%
|
1 250
+16%
|
1 452
+16%
|
1 648
+13%
|
2 350
+43%
|
1 983
-16%
|
1 120
-44%
|
1 233
+10%
|
1 025
-17%
|
1 108
+8%
|
1 160
+5%
|
1 225
+6%
|
1 664
+36%
|
1 752
+5%
|
1 689
-4%
|
1 751
+4%
|
1 665
-5%
|
1 598
-4%
|
1 740
+9%
|
754
-57%
|
628
-17%
|
1 786
+184%
|
1 839
+3%
|
1 658
-10%
|
2 001
+21%
|
2 376
+19%
|
1 983
-17%
|
|
EPS (Diluted) |
0.52
N/A
|
0.83
+60%
|
1.03
+24%
|
1.08
+5%
|
1.42
+31%
|
1.24
-13%
|
0.91
-27%
|
1.12
+23%
|
1.15
+3%
|
1.15
N/A
|
0.55
-52%
|
-0.3
N/A
|
0.18
N/A
|
1.12
+522%
|
1.66
+48%
|
1.7
+2%
|
1.93
+14%
|
2.19
+13%
|
3.11
+42%
|
2.6
-16%
|
1.44
-45%
|
1.59
+10%
|
1.32
-17%
|
1.43
+8%
|
1.51
+6%
|
1.62
+7%
|
2.21
+36%
|
2.4
+9%
|
2.34
-3%
|
2.42
+3%
|
2.31
-5%
|
2.22
-4%
|
2.41
+9%
|
1.04
-57%
|
0.88
-15%
|
2.49
+183%
|
2.56
+3%
|
2.3
-10%
|
2.79
+21%
|
3.31
+19%
|
2.76
-17%
|