---
title: "Michelin (MGDDY.US) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/MGDDY.US/norm.md"
symbol: "MGDDY.US"
name: "Michelin"
parent: "https://longbridge.com/en/quote/MGDDY.US.md"
datetime: "2026-05-21T09:24:01.011Z"
locales:
  - [en](https://longbridge.com/en/quote/MGDDY.US/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/MGDDY.US/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/MGDDY.US/norm.md)
---

# Michelin (MGDDY.US) — Financial Reports

## Income Statement (USD)

| Indicator | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
| --- | --- | --- | --- | --- | --- |
| EPS | 0.3406 | 0.3401 | 0.3424 | 0.3166 | 0.2644 |
| ROE | 9.17% | 9.26% | 9.40% | 9.17% | 7.79% |
| Revenue | 7.61B | 7.60B | 7.62B | 7.05B | 7.13B |
| Net income | 486.85M | 486.10M | 487.53M | 450.86M | 377.05M |
| Operating income | 704.13M | 703.06M | 776.66M | 718.23M | 742.67M |
| Gross margin | 25.83% | 25.83% | 28.17% | 28.17% | 27.06% |
| Net margin | 6.41% | 6.41% | 6.40% | 6.40% | 5.30% |
| Profit quality | 39.57% | 39.57% | 168.19% | 168.19% | 55.07% |

## Balance Sheet (USD)

| Indicator | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
| --- | --- | --- | --- | --- | --- |
| A&L | 41.13B | 41.07B | 41.62B | 38.49B | 38.85B |
| Leverage | 1.94 | 1.94 | 2.00 | 2.00 | 2.00 |
| BVPS | 15.44 | 15.41 | 14.70 | 13.59 | 13.72 |
| Turnover | 0.7183 | 0.7286 | 0.7436 | 0.7499 | 0.7497 |
| Cash & STI | 4.89B | 4.89B | 3.65B | 3.38B | 4.40B |
| Inv & Rec | 5.98B | 5.97B | 6.57B | 6.08B | 5.93B |
| LT assets | 15.52B | 15.49B | 15.27B | 14.12B | 14.54B |
| Net debt | 2.91B | 2.91B | 5.16B | 4.77B | 3.34B |

## Cash Flow Statement (USD)

| Indicator | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | 1.78B | 1.78B | 461.78M | 427.04M | 1.35B |
| Investing CF | -436.93M | -436.26M | -505.09M | -467.09M | -552.32M |
| Financing CF | -899.69M | -898.32M | -417.30M | -385.91M | -349.49M |
| Free CF | 373.14M | 2.53B | 635.83M | -787.85M | 357.55M |
| OCF coverage | 188.90% | 188.90% | 44.48% | 44.48% | 170.48% |
| Repaid & issued | -233.15M | -232.79M | 328.92M | 304.18M | -81.65M |
| CapEx | -622.50M | -621.56M | -382.77M | -353.97M | -634.49M |

## Distribution Plan

**Dividend Yield**: 4.46

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.809715USD | 2026-05-22 | 2026-05-22 | 2026-06-12 |
| Cash Dividend: 
0.779957USD | 2025-05-20 | 2025-05-20 | 2025-06-09 |
| Cash Dividend: 
0.730705USD | 2024-05-21 | 2024-05-20 | 2024-06-10 |