07-15-2025
Scope Ratings and Moody’s both affirm Michelin’s strong credit ratings
Clermont-Ferrand, July 15, 2025
On July 11, 2025, Scope affirmed Michelin’s (Compagnie Générale des Etablissements Michelin and its main financial subsidiaries) solicited Long-Term Issuer Default Rating (IDR) of 'A', with a Stable outlook. According to the agency, this “reflects a solid business risk profile coupled with very strong and further improving credit metrics”.
On July 9, 2025, Moody’s (unsolicited rating) also published its Long-Term rating affirmation of ‘A2’ with a Stable outlook. The agency underlined that “Michelin’s attractive margins further reflect its unique position, (…) helped by its strong brand recognition and innovation capabilities”.
Contact details
Guillaume Jullienne : guillaume.jullienne@michelin.com
Flavien Huet : flavien.huet@michelin.com
Benjamin Marcus : benjamin.marcus@michelin.com
Media Relations
+33 (0) 1 45 66 22 22
groupe-michelin.service.de.presse@michelin.com
Individual Shareholders
+33 (0) 4 73 32 23 05
Muriel Combris-Battut : muriel.floc-hlay@michelin.com
Elisabete Antunes : elisabete.antunes@michelin.com