Compagnie Generale Des Etablissements Michelin Debt-to-Equity Ratio Growth & History (ML)
Compagnie Generale Des Etablissements Michelin's debt-to-equity ratio was 0.37 for fiscal 2025.
View full Compagnie Generale Des Etablissements Michelin company overviewCompagnie Generale Des Etablissements Michelin annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.37 | −0.03 | −7.92% |
| 2024 | 2024-12-31 | 0.40 | 0.05 | +14.85% |
| 2023 | 2023-12-31 | 0.35 | −0.09 | −20.19% |
| 2022 | 2022-12-31 | 0.44 | 0.37 | +579.15% |
| 2021 | 2021-12-31 | 0.06 | −0.02 | −20.83% |
| 2020 | 2020-12-31 | 0.08 | — | — |
Compagnie Generale Des Etablissements Michelin quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.45 | 0.03 | +6.59% |
| Q4 2025 | 2025-12-31 | 0.37 | −0.03 | −7.58% |
| Q2 2025 | 2025-06-30 | 0.42 | — | — |
| Q4 2024 | 2024-12-31 | 0.40 | — | — |
Compagnie Generale Des Etablissements Michelin debt-to-equity ratio trends
Over the last five fiscal years, Compagnie Generale Des Etablissements Michelin's debt-to-equity ratio increased from 0.08 to 0.37, a change of 0.29. The latest reported quarter, Q2 2026, shows 0.45.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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