Overview
Pirelli ranks among the principal global manufacturers of tires and supplier of ancillary services, being the only operator in the sector exclusively specialized in the Consumer segment (tires for cars, motorcycles and bicycles), with a globally recognized brand. The company has a distinctive positioning with regard to High Value tires, which are manufactured to achieve the highest levels of performance, safety, quietness and road grip, with significant
...
Read More input from technology and customization (Specialities, Super Specialities and Premium Motorcycle tires). Europe accounts for about 40% of Pirelli's revenue. The company traces its roots all the way back to when Giovanni Battista Pirelli formed the company in 1872.
Read Less
Read More input from technology and customization (Specialities, Super Specialities and Premium Motorcycle tires). Europe accounts for about 40% of Pirelli's revenue. The company traces its roots all the way back to when Giovanni Battista Pirelli formed the company in 1872.
Read Less
JIAN JIAO
See more contacts
Management of Companies and Enterprises
,
Lessors of Real Estate
,
Land Subdivision
,
Holding companies, nec
,
Real property lessors, nec
See All Industries Subdividers and developers, nec
See Fewer Industries
See All Industries Subdividers and developers, nec
See Fewer Industries
?
?
Actual
$7.23 billion
Actual
0.52%
14.68%
$13,530
DEC
?
?
Italian:PIRC
Dynamic search and list-building capabilities
Real-time trigger alerts
Comprehensive company profiles
Valuable research and technology reports
Financial Statements
Dun & Bradstreet collects private company financials for more than 23 million companies worldwide. Find out more.
Financial data as of December 31, 2023 (12 month period) in USD
Annual Revenue 2023
$7.23 billion
USD
Actual
1 USD = 0.92 EUR
All financial statement data is in millions except per share data | Source: Morningstar
| Cash Flow (mil) | 2023 | 2022 | 2021 |
|---|---|---|---|
| Net Operating Cash | $1,478 | $1,230 | $999 |
| Net Investing Cash | -$427 | -$355 | -$279 |
| Net Financing Cash | -$1,065 | -$1,527 | -$1,179 |
| Net Change in Cash | -$14 | -$652 | -$459 |
| Cash at Beginning of Period | $1,395 | $2,047 | $2,467 |
| Cash at End of Period | $1,357 | $1,395 | $2,047 |
| Capital Expenditure | -$434 | -$365 | -$312 |
| Assets (mil) | 2023 | 2022 | 2021 |
|---|---|---|---|
| Current Assets | |||
| Cash and Cash Equivalents | $1,362 | $1,402 | $2,049 |
| Accounts Receivable | $738 | $730 | $752 |
| Inventories | $1,490 | $1,582 | $1,186 |
| Other Current Assets | $723 | $1,093 | $671 |
| Asset Summary | |||
| Total Current Assets | $4,312 | $4,807 | $4,657 |
| Tangible Fixed Assets | $3,706 | $3,695 | $3,575 |
| Intangible Assets | $3,673 | $3,802 | $3,915 |
| Total Assets | $13,531 | $13,898 | $13,883 |
| Liabilities (mil) | 2023 | 2022 | 2021 |
|---|---|---|---|
| Current Liabilities | |||
| Accounts Payable | $2,173 | $2,145 | $1,768 |
| Short-Term Debt | $750 | $773 | $1,519 |
| Other Current Liabilities | $732 | $715 | $652 |
| Liability Summary | |||
| Total Current Liabilities | $3,656 | $3,633 | $3,939 |
| Long-Term Debt | $3,034 | $3,580 | $3,670 |
| Other Long-Term Liabilities | $ | $ | $ |
| Total Liabilities | $8,599 | $9,178 | $9,609 |
| Stakeholder's Equity (mil) | 2023 | 2022 | 2021 |
|---|---|---|---|
| Equity | |||
| Common Stock | $2,070 | $2,070 | $2,070 |
| Retained Earnings | $521 | $454 | $329 |
| Equity Summary | |||
| Total Equity | $5,972 | $5,787 | $5,335 |
| Shares Outstanding | 1,000,000,000 | 1,000,000,000 | 1,000,000,000 |