Announcements

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      S-1 Outlook: None
      S-1 Outlook: None
      Latest change
      Affirmed
      11/07/2025
      General information
      Rating
      Public
      Solicited
      With issuer participation
      UK endorsed
      EU Rated
      Michel Angelo Bove Lead analyst
      Sebastian Zank Committee chair
      Scope affirms Michelin’s issuer rating at A/Stable

      11/7/2025 Rating announcement EN

      Scope affirms Michelin’s issuer rating at A/Stable

      The affirmation reflects a solid business risk profile coupled with very strong and further improving credit metrics. Ratings upside is deemed limited for the time being due to potential usage of financial headroom.

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      Scope publishes Michelin’s A/Stable issuer rating for the first time

      12/7/2024 Rating announcement EN

      Scope publishes Michelin’s A/Stable issuer rating for the first time

      The issuer rating reflects Michelin’s strong business risk profile as a leading global tyre manufacturer and an even stronger financial risk profile, supported by low leverage.

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