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Financial and non-financial ratings

Discover the ratings from Standard & Poor's, Moody's and Fitch Ratings as well as the non-financial performance indicators that recognize the Michelin Group's approach to sustainable development.

Notations

The Michelin Group has requested a rating from the Standard & Poor’s and Fitch Ratings agencies 
 
Since July 01, 2020, Moody's rating is no longer solicited. 
 
During the covid-19 health crisis, the group was resilient and confirmed the solidity of its financial situation, allowing it to maintain all of its ratings. 

SHORT-TERM RATING

 Compagnie Générale des Etablissements MichelinCompagnie Financière Michelin SACFM Suisse SA
Moody'sNon applicableNon applicableNon applicable
Standard & Poor'sA2¹A2¹A2¹
Fitch RatingsF2²F2²F2³

LONG-TERM RATING

 Compagnie Générale des Etablissements MichelinCompagnie Financière Michelin SACFM Suisse SA
Moody'sA3¹Non applicableNon applicable
Standard & Poor'sA-²A-²A-²
Fitch RatingsA-³A-³A-⁴

RATING AGENCIES

  • Standard & Poor’s, a division of The McGraw-Hill Companies, Inc., provides independent financial information, analytical services, and credit ratings to the world’s financial markets. 
    For more information on Standard & Poor’s, visit
    standardandpoors.com 

  • Moody's provides independent financial information, analytical services, and credit ratings to the world's financial markets. 
    For more information on Moody's, visit
    moodys.com  

  • Fitch Ratings provides independent financial information, analytical services, and credit ratings to the world's financial markets. 
    For more information on Moody's, visit www.fitchratings.com 

Performance and ambitions for 2030

The Michelin in Motion strategic plan, with the Group’s “All Sustainable” vision at its center, engages the entire Group in constantly seeking the right balance between People, Profit and the Planet.

Extra-financial indicators of the Michelin group and the UN sustainable development goals

The Environmental, Social & Societal and Governance information, non-financial indicators, published by the Group is used for assessment purposes by rating agencies, SRI Investors and non-financial data analysis departments acting on behalf of investors. By comparing its actions with the United Nations Sustainable Development Goals (SDG), Michelin intends to meet stakeholders’ increasingly demanding expectations more effectively with regard to CSR and gain a better idea of the challenges ahead.

NON-FINANCIAL RATINGS

Michelin is included in the main socially-responsible investment ratings, or SRI benchmarks. The Group, which has been assessed on its environmental, societal and governance performance by non-financial ratings agencies since 2003, is now widely acknowledged for its commitment.

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Agenda

Past Events
  • May 28, 2024

    Capital Markets Day

  • May 17, 2024

    2024 Annual General Meeting

See All Events