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goodyear tire & rubber co. - GT

GT

Close Chg Chg %
9.12 -0.05 -0.55%

Pre-Market

9.07

-0.05 (0.55%)

Volume: 3.41M

Last Updated:

Nov 20, 2024, 4:00 PM EDT

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Company Overview: goodyear tire & rubber co. - GT

GT Key Data

Open

$9.08

 Day Range

8.91 - 9.21

52 Week Range

7.27 - 15.24

 Market Cap

$2.60B

Shares Outstanding

284.92M

 Public Float

262.51M

Beta

1.70

 Rev. Per Employee

N/A

P/E Ratio

N/A

 EPS

-$1.04

Yield

0.00%

 Dividend

$0.16

EX-DIVIDEND DATE

Jan 31, 2020

 SHORT INTEREST

N/A

AVERAGE VOLUME

5.64M

  

GT Performance

1 Week
 
 -2.16%
 
1 Month
 
 4.49%
 
3 Months
 
 2.02%
 
1 Year
 
 -35.67%
 
5 Years
 
 -43.13%
 

GT Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 9
Full Ratings ➔

About goodyear tire & rubber co. - GT

Goodyear Tire & Rubber Co. engages in the development, manufacture, distribution, and sale of tires. It operates through the following geographical segments: Americas, Europe, Middle East, and Africa, and Asia Pacific. The Americas segment is involved in the development, manufacture, distribution, and sale of tires and related products and services in North, Central, and South America. The Europe, Middle East, and Africa segment focuses on the development, manufacture, distribution, and sale of tires for automobiles, trucks, buses, aircraft, motorcycles, earthmoving, mining, and industrial equipment throughout Europe, the Middle East, and Africa. The Asia Pacific segment refers to the development, manufacture, distribution, and sales of tires for automobiles, trucks, buses, aircraft, farm, earthmoving, mining, and industrial equipment throughout the Asia Pacific region. The company was founded by Frank A. Seiberling on August 29, 1898 and is headquartered in Akron, OH.

GT At a Glance

Goodyear Tire & Rubber Co.
200 Innovation Way
Akron, Ohio 44316-0001
Phone 1-330-796-2121 Revenue 20.07B
Industry Automotive Aftermarket Net Income -689,000,000.00
Sector Consumer Durables Employees 71,000
Fiscal Year-end 12 / 2024
View SEC Filings

GT Valuation

P/E Current N/A
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) N/A
Price to Sales Ratio 0.203
Price to Book Ratio 0.871
Price to Cash Flow Ratio 3.955
Enterprise Value to EBITDA 7.203
Enterprise Value to Sales 0.594
Total Debt to Enterprise Value 0.726

GT Efficiency

Revenue/Employee 282,619.718
Income Per Employee -9,704.225
Receivables Turnover 7.347
Total Asset Turnover 0.912

GT Liquidity

Current Ratio 1.07
Quick Ratio 0.553
Cash Ratio 0.138

GT Profitability

Gross Margin 19.575
Operating Margin 3.254
Pretax Margin -3.374
Net Margin -3.434
Return on Assets -3.131
Return on Equity -13.824
Return on Total Capital -5.174
Return on Invested Capital -5.359

GT Capital Structure

Total Debt to Total Equity 185.283
Total Debt to Total Capital 64.947
Total Debt to Total Assets 40.075
Long-Term Debt to Equity 164.01
Long-Term Debt to Total Capital 57.49
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Goodyear Tire & Rubber Co. - GT

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
12.32B 17.48B 20.80B 20.07B
Sales Growth
-16.44% +41.86% +19.04% -3.55%
Cost of Goods Sold (COGS) incl D&A
9.85B 13.26B 16.56B 16.14B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
859.00M 883.00M 964.00M 1.00B
Depreciation
857.00M 862.00M 929.00M 968.00M
Amortization of Intangibles
2.00M 21.00M 35.00M 33.00M
COGS Growth
-11.86% +34.71% +24.82% -2.52%
Gross Income
2.48B 4.21B 4.25B 3.93B
Gross Income Growth
-30.75% +70.26% +0.83% -7.55%
Gross Profit Margin
+20.09% +24.11% +20.42% +19.58%
2020 2021 2022 2023 5-year trend
SG&A Expense
2.58B 3.19B 3.30B 3.48B
Research & Development
390.00M 496.00M 501.00M 461.00M
Other SG&A
2.19B 2.70B 2.80B 3.02B
SGA Growth
-6.21% +23.74% +3.26% +5.40%
Other Operating Expense
- - - (202.00M)
-
Unusual Expense
691.00M 28.00M 2.00M 684.00M
EBIT after Unusual Expense
(798.00M) 991.00M 948.00M (31.00M)
Non Operating Income/Expense
8.00M (52.00M) (58.00M) (114.00M)
Non-Operating Interest Income
14.00M 72.00M 34.00M 84.00M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
350.00M 426.00M 491.00M 532.00M
Interest Expense Growth
-6.42% +21.71% +15.26% +8.35%
Gross Interest Expense
365.00M 442.00M 510.00M 559.00M
Interest Capitalized
15.00M 16.00M 19.00M 27.00M
Pretax Income
(1.14B) 513.00M 399.00M (677.00M)
Pretax Income Growth
-744.07% +145.00% -22.22% -269.67%
Pretax Margin
-9.25% +2.94% +1.92% -3.37%
Income Tax
110.00M (267.00M) 190.00M 10.00M
Income Tax - Current - Domestic
(8.00M) 38.00M 12.00M 63.00M
Income Tax - Current - Foreign
95.00M 166.00M 150.00M 177.00M
Income Tax - Deferred - Domestic
54.00M (448.00M) (18.00M) (168.00M)
Income Tax - Deferred - Foreign
(31.00M) (23.00M) 46.00M (62.00M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(1.25B) 780.00M 209.00M (687.00M)
Minority Interest Expense
4.00M 16.00M 7.00M 2.00M
Net Income
(1.25B) 764.00M 202.00M (689.00M)
Net Income Growth
-303.22% +160.93% -73.56% -441.09%
Net Margin Growth
-10.18% +4.37% +0.97% -3.43%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(1.25B) 764.00M 202.00M (689.00M)
Preferred Dividends
- - - -
-
Net Income Available to Common
(1.25B) 764.00M 202.00M (689.00M)
EPS (Basic)
-5.359 2.9272 0.7113 -2.4175
EPS (Basic) Growth
-301.48% +154.62% -75.70% -439.87%
Basic Shares Outstanding
234.00M 261.00M 284.00M 285.00M
EPS (Diluted)
-5.359 2.8939 0.7063 -2.4175
EPS (Diluted) Growth
-301.48% +154.00% -75.59% -442.28%
Diluted Shares Outstanding
234.00M 264.00M 286.00M 285.00M
EBITDA
752.00M 1.90B 1.91B 1.65B
EBITDA Growth
-53.47% +152.93% +0.63% -13.58%
EBITDA Margin
+6.10% +10.88% +9.20% +8.24%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 12.42
Number of Ratings 9 Current Quarters Estimate 0.365
FY Report Date 12 / 2024 Current Year's Estimate 0.99
Last Quarter’s Earnings 0.37 Median PE on CY Estimate N/A
Year Ago Earnings 0.21 Next Fiscal Year Estimate 1.481
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 6 4 8 8
Mean Estimate 0.36 0.30 0.99 1.48
High Estimates 0.72 1.00 1.08 1.77
Low Estimate 0.19 -0.31 0.86 1.20
Coefficient of Variance 52.37 182.98 8.71 14.71

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 3 3 4
OVERWEIGHT 0 0 1
HOLD 6 6 6
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Goodyear Tire & Rubber Co. - GT

Date Name Shares Transaction Value
Jul 3, 2024 Nicole Gray Senior VP & Chief HR Officer 24,368 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Norma B. Clayton Director 13,770 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Nicole Gray Senior VP & Chief HR Officer 15,342 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 24, 2024 Ryan Waldron President, Americas 22,727 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 24, 2024 Ryan Waldron President, Americas 11,153 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 11, 2024 John E. McGlade Director 116,397 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 11, 2024 Werner Geissler Director 134,588 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 11, 2024 Kit-wan Siu Director 72,384 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 11, 2024 Prashanth Mahendra-Rajah Director 49,429 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 11, 2024 Michael R. Wessel Director 159,677 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 11, 2024 Joseph R. Hinrichs Director 19,507 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 11, 2024 Karla Renee Lewis Director 50,802 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 11, 2024 James A. Firestone Director 159,677 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 11, 2024 Max Homer Mitchell Director 19,507 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 11, 2024 Roger J. Wood Director 19,507 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 11, 2024 Laurette T. Koellner Director 101,690 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 27, 2024 Nathaniel Madarang President, Asia Pacific N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 27, 2024 Nathaniel Madarang President, Asia Pacific 26,111 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $13.09 per share 341,792.99
Mar 27, 2024 Nathaniel Madarang President, Asia Pacific 33,147 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 1, 2024 Darren R. Wells EVP & Chief Admin. Officer 258,677 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $10.12 per share 2,617,811.24

Goodyear Tire & Rubber Co. in the News