Michelin Research and Development Expenses 2010-2023 | MGDDY

Michelin annual/quarterly research and development expenses history and growth rate from 2010 to 2023. Research and development expenses can be defined as an expense arising from studies and product development processes.
  • Michelin research and development expenses for the quarter ending June 30, 2023 were $M, a NAN% increase year-over-year.
  • Michelin research and development expenses for the twelve months ending June 30, 2023 were $0M, a NAN% increase year-over-year.
  • Michelin annual research and development expenses for 2022 were $0.735B, a 8.86% decline from 2021.
  • Michelin annual research and development expenses for 2021 were $0.807B, a 9.34% increase from 2020.
  • Michelin annual research and development expenses for 2020 were $0.738B, a 4.1% decline from 2019.
Michelin Annual Research and Development Expenses
(Millions of US $)
2022 $735
2021 $807
2020 $738
2019 $769
2018 $765
2017 $723
2016 $782
2015 $765
2014 $872
2013 $854
2012 $800
2011 $825
2010 $724
2009 $706
Michelin Quarterly Research and Development Expenses
(Millions of US $)
2023-06-30
2022-12-31
2022-06-30
2021-12-31
2021-06-30
2020-12-31
2020-06-30
2019-12-31
2018-12-31
2018-06-30 $0
2017-12-31
2017-06-30
2016-12-31
2015-12-31
2015-06-30
2014-12-31
2014-06-30
2013-12-31
2013-06-30
2012-12-31
2012-06-30
2011-12-31
2011-06-30
2010-12-31
2010-06-30
2009-12-31
2009-06-30
Sector Industry Market Cap Revenue
Auto/Tires/Trucks Rubber Tires $27.941B $30.673B
Compagnie Generale des Etablissements Michelin manufactures and sells tires for all kinds of vehicles, publishes maps and guides and operates a number of digital services. It manufactures and sells tires for cars, two-wheel vehicles, trucks, construction machinery, tractors and aircrafts. It also sells various car and bicycle accessories like pumps, manometers bicycle helmets, hubcaps, replacement components for tires and transport accessories. Other products sold by the company include protective clothing, table tennis rackets, shoe insoles along with many other items designed for road users. Compagnie Generale des Etablissements Michelin is based in Clermont-Ferrand, France.
Stock Name Country Market Cap PE Ratio
Goodyear Tire & Rubber (GT) United States $3.576B 21.29