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Complete financial analysis of The Goodyear Tire & Rubber Company (GT) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of The Goodyear Tire & Rubber Company, a leading company in the Auto – Parts industry within the Consumer Cyclical sector.
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The Goodyear Tire & Rubber Company (GT)
About The Goodyear Tire & Rubber Company
The Goodyear Tire & Rubber Company, together with its subsidiaries, develops, manufactures, distributes, and sells tires and related products and services worldwide. It offers various lines of tires for automobiles, trucks, buses, aircraft, motorcycles, earthmoving equipment, and mining and industrial equipment under the Goodyear, Cooper, Dunlop, Kelly, Debica, Sava, Fulda, Mastercraft, Roadmaster, and various other house brands, as well as under the private-label brands. The company also retreads truck, aviation, and off-the-road tires; manufactures and sells tread rubber and other tire retreading materials; sells chemical and natural rubber products; and provides automotive and commercial truck maintenance and repair services, and miscellaneous other products and services. It operates approximately 1,000 retail outlets, which offer products for retail sale, and provides repair and other services. The company sells its products worldwide through a network of independent dealers, regional distributors, retail outlets, and retailers. The Goodyear Tire & Rubber Company was incorporated in 1898 and is headquartered in Akron, Ohio.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 20.07B | 20.81B | 17.48B | 12.32B | 14.75B | 15.48B | 15.38B | 15.16B | 16.44B | 18.14B | 19.54B | 20.99B | 22.77B | 18.83B | 16.30B | 19.49B | 19.64B | 20.26B | 19.72B | 18.37B | 15.12B | 13.85B | 14.15B | 14.42B | 12.88B | 12.63B | 13.16B | 13.11B | 13.17B | 12.29B | 11.64B | 11.78B | 10.91B | 11.27B | 10.87B | 10.81B | 9.91B | 9.10B | 9.59B |
| Cost of Revenue | 16.56B | 16.95B | 13.69B | 10.34B | 11.60B | 11.96B | 11.72B | 10.97B | 12.16B | 13.91B | 15.42B | 17.16B | 18.82B | 15.45B | 13.68B | 16.14B | 15.92B | 17.01B | 15.77B | 14.71B | 12.50B | 11.31B | 11.62B | 11.01B | 9.77B | 9.19B | 9.58B | 9.57B | 9.66B | 8.86B | 8.32B | 8.53B | 7.96B | 8.39B | 7.85B | 7.93B | 7.02B | 6.62B | 7.33B |
| Gross Profit | 3.51B | 3.85B | 3.79B | 1.98B | 3.14B | 3.51B | 3.66B | 4.19B | 4.28B | 4.23B | 4.12B | 3.83B | 3.95B | 3.38B | 2.63B | 3.35B | 3.72B | 3.25B | 3.95B | 3.66B | 2.62B | 2.54B | 2.53B | 3.41B | 3.11B | 3.44B | 3.58B | 3.55B | 3.51B | 3.43B | 3.32B | 3.26B | 2.94B | 2.88B | 3.02B | 2.88B | 2.88B | 2.49B | 2.25B |
| Gross Profit Ratio | 17.47% | 18.51% | 21.66% | 16.10% | 21.32% | 22.71% | 23.79% | 27.62% | 26.02% | 23.33% | 21.07% | 18.24% | 17.33% | 17.95% | 16.10% | 17.18% | 18.96% | 16.05% | 20.03% | 19.93% | 17.35% | 18.31% | 17.87% | 23.65% | 24.15% | 27.25% | 27.20% | 27.05% | 26.64% | 27.89% | 28.54% | 27.65% | 26.98% | 25.57% | 27.77% | 26.61% | 29.08% | 27.33% | 23.48% |
| Research & Development | 461.00M | 501.00M | 496.00M | 390.00M | 430.00M | 424.00M | 406.00M | 388.00M | 382.00M | 399.00M | 390.00M | 370.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 2.32B | 2.31B | 2.30B | 2.41B | 2.61B | 2.72B | 2.76B | 2.72B | 2.93B | 2.87B | 2.40B | 2.60B | 2.76B | 2.67B | 2.88B | 2.83B | 2.37B | 2.22B | 2.25B | 2.24B | 2.02B | 1.88B | 1.89B | 1.89B | 1.94B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 2.81B | 2.80B | 2.70B | 2.19B | 2.32B | 2.31B | 2.30B | 2.41B | 2.61B | 2.72B | 2.76B | 2.72B | 2.93B | 2.87B | 2.40B | 2.60B | 2.76B | 2.67B | 2.88B | 2.83B | 2.37B | 2.22B | 2.25B | 2.24B | 2.02B | 1.88B | 1.89B | 1.89B | 1.94B | 1.96B | 2.04B | 2.07B | 1.98B | 2.25B | 1.86B | 1.75B | 1.63B | 1.60B | 1.47B |
| Other Expenses | 202.00M | -165.00M | -94.00M | -119.00M | -98.00M | 174.00M | -8.00M | 10.00M | 115.00M | -302.00M | -97.00M | 1.00M | 0.00 | 0.00 | 0.00 | 0.00 | 322.00M | 0.00 | 0.00 | 0.00 | 0.00 | 330.10M | 0.00 | 630.30M | 581.70M | 487.80M | 469.30M | 460.80M | 434.90M | 410.30M | 392.90M | 445.80M | 441.50M | 415.00M | 383.50M | 357.10M | 349.90M | 378.60M | 300.50M |
| Operating Expenses | 3.51B | 2.80B | 2.70B | 2.19B | 2.32B | 2.31B | 2.30B | 2.41B | 2.61B | 2.72B | 2.76B | 2.72B | 2.93B | 2.87B | 2.40B | 2.60B | 2.76B | 2.67B | 2.88B | 2.83B | 2.37B | 2.55B | 2.25B | 2.87B | 2.60B | 2.37B | 2.36B | 2.35B | 2.37B | 2.37B | 2.43B | 2.52B | 2.42B | 2.66B | 2.25B | 2.10B | 1.98B | 1.98B | 1.77B |
| Cost & Expenses | 19.99B | 19.75B | 16.39B | 12.53B | 13.93B | 14.27B | 14.02B | 13.38B | 14.78B | 16.63B | 18.18B | 19.88B | 21.75B | 18.32B | 16.08B | 18.74B | 18.68B | 19.68B | 18.65B | 17.54B | 14.87B | 13.87B | 13.87B | 13.87B | 12.37B | 11.55B | 11.94B | 11.92B | 12.03B | 11.23B | 10.75B | 11.05B | 10.38B | 11.05B | 10.10B | 10.04B | 9.01B | 8.60B | 9.10B |
| Interest Income | 84.00M | 34.00M | 72.00M | 14.00M | 26.00M | 54.00M | 13.00M | 15.00M | 22.00M | 28.00M | 41.00M | 17.00M | 16.00M | 11.00M | 17.00M | 68.00M | 128.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 532.00M | 451.00M | 387.00M | 324.00M | 340.00M | 321.00M | 335.00M | 372.00M | 412.00M | 428.00M | 392.00M | 357.00M | 330.00M | 316.00M | 311.00M | 320.00M | 450.00M | 451.00M | 365.00M | 326.40M | 296.30M | 241.30M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 1.00B | 964.00M | 883.00M | 859.00M | 795.00M | 778.00M | 781.00M | 727.00M | 698.00M | 732.00M | 722.00M | 687.00M | 715.00M | 652.00M | 636.00M | 660.00M | 659.00M | 694.00M | 706.00M | 714.80M | 693.30M | 602.80M | 636.70M | 630.30M | 581.70M | 487.80M | 469.30M | 460.80M | 434.90M | 410.30M | 392.90M | 445.80M | 441.50M | 415.00M | 383.50M | 357.10M | 349.90M | 378.60M | 300.50M |
| EBITDA | 856.00M | 1.85B | 1.82B | 69.00M | 1.35B | 2.15B | 1.99B | 2.40B | 1.83B | 1.92B | 2.11B | 1.48B | 1.66B | 976.00M | 590.00M | 1.26B | 1.63B | 814.00M | 1.63B | 1.53B | 989.00M | 969.90M | 894.80M | 1.17B | 1.09B | 1.50B | 1.62B | 1.55B | 1.57B | 1.47B | 1.29B | 1.18B | 966.30M | 632.60M | 1.15B | 1.13B | 1.25B | 886.50M | 780.90M |
| EBITDA Ratio | 4.27% | 8.88% | 10.73% | 4.32% | 10.29% | 13.92% | 13.85% | 16.60% | 15.07% | 10.71% | 10.16% | 7.91% | 4.48% | 6.23% | 1.36% | 2.90% | 9.00% | 7.49% | 9.45% | 9.06% | 10.39% | 4.40% | 8.11% | 9.24% | 8.46% | 11.49% | 14.78% | 19.51% | 12.22% | 12.28% | 10.38% | 8.80% | 8.10% | 4.01% | 10.71% | 10.28% | 9.79% | 11.12% | 7.23% |
| Operating Income | 73.00M | 883.00M | 993.00M | -327.00M | 722.00M | 1.20B | 1.36B | 1.78B | 1.67B | 1.51B | 1.36B | 1.11B | 1.02B | 510.00M | 221.00M | 749.00M | 962.00M | 581.00M | 1.08B | 828.10M | 252.50M | -17.90M | 278.90M | 542.50M | 512.50M | 1.07B | 1.22B | 1.20B | 1.14B | 1.06B | 895.20M | 738.70M | 524.80M | 217.60M | 770.90M | 774.30M | 895.70M | 507.90M | 480.40M |
| Operating Income Ratio | 0.36% | 4.24% | 5.68% | -2.65% | 4.90% | 7.77% | 8.82% | 11.74% | 10.13% | 8.34% | 6.96% | 5.29% | 4.48% | 2.71% | 1.36% | 3.84% | 4.90% | 2.87% | 5.46% | 4.51% | 1.67% | -0.13% | 1.97% | 3.76% | 3.98% | 8.49% | 9.27% | 9.12% | 8.62% | 8.61% | 7.69% | 6.27% | 4.81% | 1.93% | 7.09% | 7.16% | 9.04% | 5.58% | 5.01% |
| Total Other Income/Expenses | -750.00M | -484.00M | -119.00M | -813.00M | -110.00M | -191.00M | -112.00M | -204.00M | -683.00M | -433.00M | -180.00M | -671.00M | -506.00M | -502.00M | -351.00M | -563.00M | -507.00M | -271.00M | -565.00M | -506.00M | -937.00M | -1.10M | -594.60M | -483.70M | -206.30M | -59.90M | -363.00M | -318.10M | -209.60M | -192.90M | -110.30M | -108.80M | -254.10M | -161.70M | -300.00M | -236.80M | -23.30M | -269.50M | -23.90M |
| Income Before Tax | -677.00M | 399.00M | 513.00M | -1.14B | 177.00M | 1.01B | 878.00M | 1.21B | 608.00M | 687.00M | 813.00M | 440.00M | 618.00M | 8.00M | -357.00M | 186.00M | 464.00M | -22.00M | 489.00M | 322.70M | -689.90M | -17.90M | -273.00M | 58.80M | 296.70M | 1.00B | 800.00M | 122.30M | 925.80M | 865.70M | 784.90M | 629.90M | 270.70M | 55.90M | 470.90M | 537.50M | 872.40M | 238.40M | 456.50M |
| Income Before Tax Ratio | -3.37% | 1.92% | 2.94% | -9.25% | 1.20% | 6.53% | 5.71% | 7.96% | 3.70% | 3.79% | 4.16% | 2.10% | 2.71% | 0.04% | -2.19% | 0.95% | 2.36% | -0.11% | 2.48% | 1.76% | -4.56% | -0.13% | -1.93% | 0.41% | 2.30% | 7.94% | 6.08% | 0.93% | 7.03% | 7.04% | 6.74% | 5.34% | 2.48% | 0.50% | 4.33% | 4.97% | 8.81% | 2.62% | 4.76% |
| Income Tax Expense | 10.00M | 190.00M | -267.00M | 110.00M | 474.00M | 303.00M | 513.00M | -77.00M | 232.00M | -1.83B | 138.00M | 203.00M | 201.00M | 172.00M | 7.00M | 209.00M | 255.00M | 106.00M | 250.00M | 207.90M | 112.20M | 1.09B | -69.40M | 18.50M | 55.60M | 285.70M | 241.30M | 20.60M | 314.80M | 298.70M | 296.20M | 262.60M | 196.20M | 94.20M | 281.50M | 187.40M | 358.50M | 137.70M | 155.20M |
| Net Income | -689.00M | 202.00M | 764.00M | -1.25B | -297.00M | 693.00M | 346.00M | 1.26B | 307.00M | 2.45B | 629.00M | 212.00M | 343.00M | -216.00M | -375.00M | -77.00M | 602.00M | -330.00M | 228.00M | 114.80M | -802.10M | -1.11B | -203.60M | 40.30M | 241.10M | 682.30M | 558.70M | 101.70M | 611.00M | 567.00M | 387.80M | -658.60M | 74.50M | -38.30M | 189.40M | 350.10M | 770.90M | 124.10M | 412.40M |
| Net Income Ratio | -3.43% | 0.97% | 4.37% | -10.15% | -2.01% | 4.48% | 2.25% | 8.34% | 1.87% | 13.52% | 3.22% | 1.01% | 1.51% | -1.15% | -2.30% | -0.40% | 3.06% | -1.63% | 1.16% | 0.62% | -5.31% | -7.98% | -1.44% | 0.28% | 1.87% | 5.40% | 4.25% | 0.78% | 4.64% | 4.61% | 3.33% | -5.59% | 0.68% | -0.34% | 1.74% | 3.24% | 7.78% | 1.36% | 4.30% |
| EPS | -2.42 | 0.89 | 2.92 | -5.34 | -1.27 | 2.92 | 1.39 | 4.81 | 1.14 | 9.13 | 2.44 | 0.75 | 1.32 | -0.89 | -1.56 | -0.32 | 3.00 | -1.86 | 1.30 | 0.65 | -4.58 | -6.62 | -1.27 | 0.32 | 1.55 | 4.07 | 3.58 | 0.66 | 4.02 | 3.75 | 2.64 | -4.62 | 0.62 | -0.33 | 1.64 | 3.06 | 6.37 | 0.58 | 1.93 |
| EPS Diluted | -2.42 | 0.89 | 2.89 | -5.34 | -1.27 | 2.90 | 1.37 | 4.74 | 1.12 | 8.78 | 2.28 | 0.74 | 1.26 | -0.89 | -1.56 | -0.32 | 2.65 | -1.86 | 1.16 | 0.63 | -4.58 | -6.62 | -1.27 | 0.31 | 1.53 | 4.03 | 3.53 | 0.65 | 4.02 | 3.75 | 2.64 | -4.62 | 0.62 | -0.33 | 1.64 | 3.06 | 6.37 | 0.58 | 1.93 |
| Weighted Avg Shares Out | 285.00M | 234.00M | 261.00M | 234.00M | 233.00M | 237.00M | 249.00M | 263.00M | 269.00M | 268.00M | 246.00M | 245.00M | 244.00M | 242.00M | 241.00M | 241.00M | 201.00M | 177.00M | 176.11M | 175.38M | 175.05M | 166.92M | 159.81M | 125.94M | 156.18M | 156.63M | 156.06M | 154.09M | 152.12M | 151.20M | 146.89M | 142.55M | 120.16M | 116.06M | 115.49M | 114.41M | 121.02M | 213.97M | 213.68M |
| Weighted Avg Shares Out (Dil) | 285.00M | 234.00M | 264.00M | 234.00M | 233.00M | 239.00M | 253.00M | 266.00M | 273.00M | 279.00M | 277.00M | 247.00M | 271.00M | 242.00M | 241.00M | 241.00M | 232.00M | 177.00M | 208.73M | 192.26M | 175.05M | 166.92M | 159.81M | 130.00M | 158.94M | 158.19M | 158.27M | 156.46M | 152.12M | 151.20M | 146.89M | 142.55M | 120.16M | 116.06M | 115.49M | 114.41M | 121.02M | 213.97M | 213.68M |
GOODYEAR ANNOUNCES SENIOR LEADERSHIP TRANSITION: MARK STEWART TO SUCCEED RICH KRAMER AS CEO
Kramer to Retire as Chairman, CEO and President Laurette Koellner, Independent Lead Director, Named Board Chair AKRON, Ohio , Jan. 18, 2024 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced that Mark Stewart has been elected...
Goodyear to name Stellantis exec Mark Stewart as new CEO - Bloomberg News
Goodyear Tire & Rubber Co is expected to name Stellantis executive Mark Stewart as its new CEO following a pressure campaign by activist investor Elliott Investment Management L.P. , Bloomberg News reported on Wednesday.
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Goodyear (GT) & TDK to Develop Tire Intelligence Technology
Goodyear (GT) collaborates with TDK to expedite the development and adoption of tire intelligence technology.
Self-Driving Trucks and Smart Tires Are a Good Deal for Goodyear
Goodyear Tire and self-driving trucking company Gatik are using tire technology to improve autonomous-driving systems.
GOODYEAR AND GATIK FURTHER ADVANCE SAFETY OF AUTONOMOUS VEHICLES WITH TIRE INTELLIGENCE INTEGRATION
Intelligent tire data allows for safer, more predictable and efficient autonomous vehicle performance AKRON, Ohio , Jan. 9, 2024 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT), a leader in connected mobility, and Gatik (Gatik AI, Inc.), the leader...
TDK AND GOODYEAR ANNOUNCE COLLABORATION TO ADVANCE TIRE INTELLIGENCE TECHNOLOGIES
The two companies aim to develop a collection of sensors and related technologies for use in vehicles and tire applications AKRON, Ohio , Jan. 9, 2024 /PRNewswire/ -- TDK Corporation (TSE 6762) and The Goodyear Tire & Rubber Company (NASDAQ:...
Goodyear and Gatik Further Advance Safety of Autonomous Vehicles With Tire Intelligence Integration
AKRON, Ohio--(BUSINESS WIRE)--The Goodyear Tire & Rubber Company, a leader in connected mobility, and Gatik (Gatik AI, Inc.), the leader in autonomous middle mile B2B logistics, announced the expansion of the industry's first, successful integration of tire intelligence technology into...
GOODYEAR AND ZF COLLABORATE TO IMPROVE VEHICLE MOTION CONTROL WITH TIRE INTELLIGENCE
Integration of Goodyear SightLine and ZF cubiX explores new safety features and enhanced driving dynamics Collaboration named a CES 2024 Innovation Award Honoree AKRON, Ohio and FRIEDRICHSHAFEN, Germany , Jan. 9, 2024 /PRNewswire/ -- The Goodyear Tire & Rubber Company,...
GOODYEAR INTRODUCES GOODYEAR® ELECTRICDRIVE™ 2 WITH ELEVATED PERFORMANCE CAPABILITY AND SUSTAINABLE MATERIALS
New Goodyear® ElectricDrive™ 2 is built for electric vehicles and designed to deliver upgraded all-season traction and long-lasting tread life AKRON, Ohio, Jan. 9, 2024 /PRNewswire/ -- At CES® 2024, The Goodyear Tire & Rubber Company (NASDAQ: GT) unveiled the...
Source: https://incomestatements.info
Category: Stock Reports