Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Pirelli & C. S.p.A. is an Italian multinational tire manufacturer founded in Milan in 1872, renowned as a pure consumer tyre company with a strong emphasis on the high-value segment. Specializing in premium tires for cars, motorcycles, and bicycles, it leads globally in prestige tires, particularly for high-performance and supercars, holding over 50% market share in the original equipment channel for this category. With 18 production plants across 12 countries and a production capacity of around 75 million car tires annually, Pirelli distributes through a network spanning over 160 countries. The company invests heavily in research and development—over 5% of high-value revenues—with approximately 2,000 R&D professionals and more than 5,900 patents, driving innovations like the Cyber Tyre system for enhanced safety and connectivity. Pirelli's motorsport legacy includes exclusive supplying of Formula 1 through 2027, GT series, and MotoGP from 2027, alongside commitments to sustainable natural rubber sourcing. Employing about 31,000 people, it generated €6.8 billion in revenues in 2024, solidifying its role as a top-tier innovator in the global tire industry.
10.61% operating margin is respectable but not wide. ROIC at 5.31%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue growth slowed to 1.3%, essentially flat. This is a business that needs a catalyst.
Insufficient data to identify specific risks. Treat any missing metrics as a data gap, not a clean bill of health.
Profitability & Returns
Revenue (TTM)
€6.84B
▲ +1.3% YoY
Net Income (TTM)
€560M
▲ +5.9% YoY
Op. Margin
11.05%
▲ +0.2pp YoY
ROIC
5.31%
▼ -0.3pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€827M
▲ +4.4% YoY
Op. Cash Flow (TTM)
€1.56B
▲ +1.1% YoY
Net Debt
€1.35B
Cash & Equiv.
€1.61B
3Y CAGR: +1.2%
3Y CAGR: +5.2%
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