Pirelli & C SpA
OTC:PLLIF
Net Margin
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
Peer Comparison
| Country | Company | Market Cap |
Net Margin |
||
|---|---|---|---|---|---|
| IT |
|
Pirelli & C SpA
MIL:PIRC
|
6.4B 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
|
23.3B EUR |
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|
|
| CN |
|
Sailun Group Co Ltd
SSE:601058
|
54.6B CNY |
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|
|
| IN |
|
MRF Ltd
NSE:MRF
|
621.5B INR |
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|
|
| JP |
|
Yokohama Rubber Co Ltd
TSE:5101
|
1T JPY |
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|
|
| IN |
|
Balkrishna Industries Ltd
NSE:BALKRISIND
|
525.6B INR |
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|
|
| KR |
H
|
Hankook Tire & Technology Co Ltd
KRX:161390
|
8.2T KRW |
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|
|
| JP |
|
Sumitomo Rubber Industries Ltd
TSE:5110
|
699.7B JPY |
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|
|
| JP |
|
Toyo Tire Corp
TSE:5105
|
691.8B JPY |
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|
| CN |
|
Anhui Zhongding Sealing Parts Co Ltd
SZSE:000887
|
27B CNY |
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Market Distribution
| Min | -24 712% |
| 30th Percentile | 1.6% |
| Median | 5.3% |
| 70th Percentile | 10.1% |
| Max | 3 667.8% |
Other Profitability Ratios
Pirelli & C SpA
Glance View
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.
See Also
Net Margin is calculated by dividing the Net Income by the Revenue.
The current Net Margin for Pirelli & C SpA is 7.3%, which is above its 3-year median of 6.9%.
Over the last 3 years, Pirelli & C SpA’s Net Margin has increased from 6.7% to 7.3%. During this period, it reached a low of 6.3% on Dec 31, 2022 and a high of 7.3% on Mar 31, 2024.