See more : 24SevenOffice Group AB (publ) (TFSVF) Income Statement Analysis – Financial Results
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 to Announce Second Quarter 2024 Financial Results
AKRON, Ohio , July 22, 2024 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) will report second quarter 2024 financial results after market close on Wednesday, July 31, followed by an investor conference call at 8:00 a.m. EDT on...
Goodyear Announces Sale of Off-The-Road Tire Business to Yokohama for $905 Million
AKRON, Ohio , July 22, 2024 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) ("Goodyear" or the "Company") today announced that it has signed a definitive agreement to sell its Off-the-Road ("OTR") tire business to The Yokohama Rubber...
Goodyear (GT) Upgraded to Strong Buy: Here's Why
Goodyear (GT) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
GT Resources Announces Diamond Drilling Underway on the Canalask Nickel-Copper Project
Toronto, Ontario--(Newsfile Corp. - July 8, 2024) - GT Resources Inc. (TSXV: GT) (OTCQB: CGTRF) (FSE: 7N1) (the "Company" or "GT Resources") is pleased to announce drilling of the Electromagnetic ("EM") targets at the Canalask Nickel-Copper Project is now underway....
Goodyear Shares Sustainability Progress in 2023 Corporate Responsibility Report
AKRON, Ohio , June 27, 2024 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) today released its report on corporate responsibility performance for 2023. The company's latest report details how Goodyear is helping create value for its internal and...
Goodyear Announces the New Cooper® Discoverer Stronghold™ All-Terrain Tire for All the Surfaces You Require
New Cooper® Discoverer® Stronghold™ AT is engineered for maximum durability, quiet comfort, unparallel grip and three-peak mountain snowflake designation AKRON, Ohio , June 20, 2024 /PRNewswire/ -- Goodyear (NASDAQ: GT) is proud to announce the launch of the Cooper® Discoverer®...
GT Resources Announces Completion of $1.84 million Non-Brokered Private Placement and Mobilization of Exploration Drill Rigs for the Canalask Nickel-Copper Project
Toronto, Ontario--(Newsfile Corp. - June 13, 2024) - GT Resources Inc. (TSXV: GT) (OTCQB: CGTRF) (FSE: 7N1) (the "Company" or "GT Resources") is pleased to announce that, further to GT's news release dated May 15, 2024, it has completed a...
CIM Group Sells Goodyear Airport Portfolio, Two Fully Leased Industrial Buildings in Goodyear, AZ
PHOENIX--(BUSINESS WIRE)--CIM Group sells two, fully leased industrial buildings totaling 726,802 sf adjacent to the Phoenix Goodyear Airport in Arizona.
Goodyear Names Nicole Gray SVP and Chief Human Resources Officer
Veteran Goodyear Leader Gary VanderLind to Retire AKRON, Ohio , May 29, 2024 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced the planned retirement of Senior Vice President and Chief Human Resources Officer Gary VanderLind and...
Here's Why You Should Retain Goodyear (GT) in Your Portfolio
Goodyear (GT) is poised to benefit from the buyout of Cooper Tire, Goodyear Forward plan and EMEA restructuring amid high inflation and weak commercial truck business.
Source: https://incomestatements.info
Category: Stock Reports