Goodyear Tire & Rubber

Goodyear Tire & Rubber Co. engages in the development, manufactures, distribution, and sale of tires. Its products include lines of rubber tires for automobiles, trucks, buses, aircraft, motorcycles, farm implements, earthmoving and mining equipment, industrial equipment and various other applications. The company was founded by Frank A. Seiberling on August 29, 1898 and is headquartered in Akron, OH.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Goodyear projects $400M free cash flow in 2023 amid market challenges

Goodyear projects $400 million in free cash flow for 2023 amid challenges in market demand and energy inflation. The company targets high-return projects in the Americas and Asia-Pacific with a $1 billion CapEx. Strategic focus on cost efficiency, product innovation, and leveraging Cooper and Goodyear strengths for market benefits shape Goodyear's outlook.

Goodyear projects improved Q2 performance amid industry challenges and opportunities

Goodyear anticipates a better performance in Q2 with improving demand and volume trends. The company is strategically managing costs and pricing strategies to enhance profitability. Strong integration outcomes and positive industry positioning are key highlights.

Goodyear faces challenges from channel destocking but sees growth opportunities

Goodyear's Q2 2023 Earnings Call highlighted challenges from channel destocking and volume weakness, offset by positive OE business performance in key markets. The company faces industry and market dynamics impacting consumer and commercial replacement volumes, particularly in Europe. Strategic reviews and a focus on maintaining pricing amid raw material cost fluctuations demonstrate proactive measures to navigate uncertainties and drive growth.

Goodyear plans strategic review amid focus on premium market segment

Goodyear Tire & Rubber's Q3 2023 Earnings Call highlighted a proactive approach to addressing risks and uncertainties, with a focus on operational efficiency and the premium market segment. While challenges in European business performance and restructuring efforts were noted, opportunities for growth and cost savings were also identified.

Goodyear Tire & Rubber reports stable market share and strategic focus

Goodyear Tire & Rubber's Q4 earnings call highlighted stable market share, strategic focus on cost efficiency, and execution of the Goodyear Forward plan. The new CEO's leadership direction and CFO's insights on market performance and future growth underscore a commitment to operational excellence. Analyst inquiries and strategic adjustments in CapEx and restructuring spending indicate a proactive stance towards addressing challenges and capitalizing on opportunities.

Goodyear reports solid Q3 performance amidst financial challenges and opportunities

Goodyear's Q3 performance reflects a mix of strengths, challenges, and opportunities in its financial outlook and operational strategies.
The company's focus on margin expansion, premium offerings, and cost-saving initiatives align with its long-term profitability goals.
While facing challenges like debt repayment and restructuring costs, Goodyear is poised to leverage opportunities for growth and efficiency.
Strategic initiatives, strong retail performance, and a resilient cash flow outlook position Goodyear for continued financial stability and potential expansion.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

Goodyear Tire & Rubber CEO Rich Kramer dismissed concerns that a looming rubber shortage could negatively impact business.

Goodyear Tire CEO says company has enough supply to blunt looming rubber shortage

Goodyear (GT) Q1 revenues increase 15% year on year.

Goodyear (GT) Q1 Earnings & Sales Top Estimates, Profit Down Y/Y

The Goodyear Tire & Rubber Company (GT) CEO Rich Kramer on Q1 2021 Results - Earnings Call Transcript

Shares of Goodyear Tire & Rubber Co. sank 2.4% in afternoon trading Friday, reversing an earlier intraday gain of as much as 2.0%, after the tire seller reported first quarter earnings that beat expectations, but also more than doubled its full-year outlook for raw materials cost increases. Chief Financial Officer Darren Wells said on the post-earnings conference with analysts that raw materials costs for 2021 are expected to increase by $325 million to $375 million, largely in the second half of the year, compared with previous estimates for an increase of $125 million to $175 million.

Goodyear's outlook for raw material cost increases more than doubled, stock turns lower

The Goodyear Tire & Rubber Company reported as part of its financial results that sales climbed to $3.5 billion in the first quarter of 2021, according to a Friday (April 30) announcement. The tire company posted $102 million in first-quarter adjusted net income (43 cents per diluted share) in contrast to a $140 million adjusted […]

Goodyear's Sales Rise Amid Strong Consumer Replacement Business

Cooper Tire & Rubber

FINDLAY, Ohio--(BUSINESS WIRE)--Cooper Tire & Rubber Company (NYSE: CTB) today announced that its stockholders overwhelmingly voted to approve the agreement and plan of merger with The Goodyear Tire & Rubber Company (Nasdaq: GT), which was announced Feb. 22, 2021. At a special meeting of Cooper stockholders held today, approximately 99 percent of votes cast were in favor of the transaction. Goodyear is not required to hold a vote of its stockholders to approve the merger agreement. “We

Cooper Tire Stockholders Overwhelmingly Approve Proposed Merger with Goodyear

Goodyear (GT) delivered earnings and revenue surprises of 437.50% and 2.93%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Goodyear (GT) Tops Q1 Earnings and Revenue Estimates

Shares of Goodyear Tire & Rubber (NASDAQ:GT) moved higher by 1.5% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share rose 171.67% over the past year to $0.43, which beat the estimate of $0.09.

Goodyear Tire & Rubber: Q1 Earnings Insights

Shares of Goodyear Tire & Rubber Co. jumped 3.9% in premarket trading Friday, after the tire seller reported first-quarter profit and sales that beat Wall Street estimates, as the COVID-19 pandemic's impact on industry demand "moderated." The company swung to net income of $12 million, or 5 cents a share, from a loss of $619 million, or $2.65 a share, in the year-ago period.

Goodyear Tire stock jumps after profit, sales beat expectation as COVID-19 impact moderated

Goodyear Tire & Rubber Co swung to a first-quarter profit on Friday, as demand for auto parts rebounded from the pandemic-driven lows touched last year.

Goodyear Tire swings to first-quarter profit

AKRON, Ohio, April 30, 2021 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) today reported results for the first quarter of 2021. "We delivered impressive segment operating income, which was significantly above first quarter 2020 results and also nearly 20 percent higher than first quarter 2019 despite sales volumes not yet having fully recovered to pre-COVID levels," said Richard J.

Goodyear Reports First Quarter 2021 Results

On Friday, April 30, Goodyear Tire & Rubber (NASDAQ:GT) will release its latest earnings report. Here is Benzinga's outlook for the company.

Goodyear Tire & Rubber's Earnings Outlook

Goodyear (GT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Goodyear (GT) Might Surprise This Earnings Season

Bloom Energy

Boxlight

Helmerich & Payne

Plug Power

Amid mixed earnings reports from stocks like Microsoft and Boeing, the Fed's upcoming take on inflation, and news of another $1.9 trillion spending plan, there's a lot going on. To help you play this market, Q.ai's deep learning algorithms have crunched the data to give you today's top shorts.

Today's Top Shorts As Investors Await The Fed's Inflation Announcement

The Goodyear Tire & Rubber Company (NASDAQ:GT) will report first quarter earnings before market hours on Friday, April 30.

Has Goodyear Stock Reached the End of the Road?

AKRON, Ohio, April 22, 2021 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) will report first quarter 2021 financial results on Friday, April 30, to be followed by an investor conference call at 9 a.m. EDT. Prior to the commencement of the call, the company will post the financial and other related information that will be presented on its investor relations website: http://investor.goodyear.com.

Goodyear To Announce First Quarter 2021 Financial Results

Goodyear (GT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Goodyear (GT) Earnings Expected to Grow: What to Know Ahead of Q1 Release

Cheesecake Factory

Roku

The Dow and S&P have both climbed to record highs while the Nasdaq traded roughly flat. Make the most of this market with today's best short plays from Q.ai's deep learning algorithms.

Top Stocks To Short Today As The Major Indices Jump To Record Highs

DARLINGTON, S.C., April 14, 2021 /PRNewswire/ -- Darlington Raceway and Goodyear (NASDAQ: GT) today announced a partnership on the entitlement of the spring NASCAR Cup Series race as part of the Official Throwback Weekend of NASCAR on May 9.

Goodyear 400 To Debut At Darlington Raceway May 9

AKRON, Ohio, April 12, 2021 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) announced the election of 13 members to the Board of Directors for new one-year terms at the company's virtual annual shareholder meeting today. In addition, shareholders voted in favor of an advisory resolution approving the compensation of its named executive officers and voted to ratify the appointment of PricewaterhouseCoopers LLP as the company's independent registered public accounting firm for 2021.

Goodyear Holds Virtual Annual Meeting, Elects Directors

First Trust NASDAQ Global Auto Index Fund

Dorman Products

Tesla

The rapid vaccinations, unprecedented stimulus and reopening of the economies boosted demand for everyday travel, resulting in spike auto sales.

Auto Sales Jump in Q1: ETF & Stocks to Ride On

AKRON, Ohio, April 1, 2021 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced that it has priced its public offering of $550 million aggregate principal amount of senior notes due 2031 (the "2031 notes") and $450 million aggregate principal amount of senior notes due 2033 (the "2033 notes," and together with the 2031 notes, the "notes"). The notes will be senior unsecured obligations of the company.

Goodyear Announces Pricing Of $1 Billion Of Senior Notes

The Goodyear Tire & Rubber Co. said Wednesday it has commenced a $1 billion offering of high-yield 10-year and 12-year bonds. Proceeds will be used along with cash on hand to redeem in full all outstanding $1 billion 5.125% senior notes due 2023.

UPDATE: Goodyear announces offering of $1 billion of high-yield bonds, amends credit agreement

Goodyear announces offering of $1 billion of high-yield bonds

AKRON, Ohio, March 31, 2021 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced that it has commenced a public offering of $1 billion aggregate principal amount of 10- and 12-year senior notes. The notes will be senior unsecured obligations of the company.

News for Goodyear Tire & Rubber Stock (GT)