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 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

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.

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.

U.S. President Donald Trump on Wednesday accused Goodyear Tire & Rubber Co of "playing politics" by forbidding workers from wearing hats supporting him, and said he would swap out the Goodyear tires on his limousine if there were an alternative.

Trump says 'not happy' with Goodyear; would swap tires on presidential limo

Shares of Goodyear Tire & Rubber Co. GT, -2.72% dropped 3.1% in afternoon trading Wednesday

Goodyear's stock fall after Trump tweet urging boycott of company's tires, while rivals' shares gain

Goodyear Tire & Rubber Co (NASDAQ: GT) found itself in the middle of a political firestorm for no other reason than it is 2020.

Goodyear Tire Stock Rolls Over After Trump Calls For Boycott

President Trump has demanded that Americans boycott Goodyear after the tyre company banned staff from wearing political attire in the workplace.

Why Donald Trump has demanded Americans boycott Goodyear

Goodyear doesn’t allow employees to wear MAGA hats and other politically affiliated slogans to work.

Trump Calls For Goodyear Boycott Over Ban On MAGA Hats

President Trump called for a boycott of Goodyear over a corporate diversity policy that has reportedly banned employees from wearing his “MAGA” hats among other conservative gear. Trump slammed the tire giant in a Wednesday tweet after an employee leaked a slide from a presentation that appeared to label Black Lives Matter and LGBT Pride.

Trump calls for Goodyear boycott amid outrage over ‘MAGA’ ban

U.S. President Donald Trump on Wednesday called for a boycott of Goodyear Tire & Rubber Co , saying they had banned his red presidential campaign hats.

Trump calls for boycott of Goodyear, accuses company of banning his campaign hats

While Goodyear Tire's (GT) revenues surpass estimates for the second quarter, the same declines year over year due to low tire volumes amid coronavirus woes.

Goodyear Tire (GT) Q2 Loss Narrower Than Expected, Sales Top

The Goodyear Tire & Rubber Company (GT) CEO Rich Kramer on Q2 2020 Results - Earnings Call Transcript

Goodyear (GT) delivered earnings and revenue surprises of 10.95% and 20.07%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Goodyear (GT) Reports Q2 Loss, Tops Revenue Estimates

AKRON, Ohio, July 31, 2020 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) today reported results for the second quarter and first half of 2020. "Although our first half results were greatly affected by difficult industry conditions as a result of the ongoing COVID-19.

Goodyear Reports Second Quarter, First Half 2020 Results

Goodyear Tire & Rubber (NASDAQ: GT) releases its next round of earnings this Friday, July 31.

Goodyear Tire & Rubber Earnings Preview

AKRON, Ohio, July 28, 2020 /PRNewswire/ -- Goodyear (NASDAQ: GT) has combined a global licensing collaboration with a motorsport agreement to launch an exclusive watch collection with French luxury watch specialist B.R.M Chronographes. This follows the recent announcement that Goodyear.

Goodyear Launches Exclusive Watch Collection With B.R.M Chronographes

AKRON, Ohio, July 21, 2020 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) will report second quarter 2020 financial results on Friday, July 31, 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.

Goodyear To Announce Second Quarter 2020 Financial Results

Barclays

B2Gold

Earthstone Energy

Under Armour

While most of Wall Street focuses on large and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy.

5 Stocks to Buy Under $10 With Gigantic Upside Potential

AKRON, Ohio, July 10, 2020 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) will provide two additional fitments for the popular Porsche Taycan. Goodyear was named the supplier for the first models of the Taycan in 2019 and the successful relationship led to additional work...

Goodyear Develops Additional Fitments For New, All-Electric Porsche Taycan

The launch coincides with Lordstown's unveiling of their first all-electric pickup truck, the Endurance, on Thursday, featuring Goodyear (GT).

Goodyear to Acquire Lordstown's All-Electric Truck Endurance

AKRON, Ohio, June 25, 2020 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) and Lordstown Motors announced today a strategic relationship with the two Ohio-based companies agreeing to collaborate on tires and service in addition to future tire intelligence opportunities....

Goodyear And Lordstown Motors Connect On Electric Vehicles

AKRON, Ohio, June 8, 2020 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT), through its innovative fleet servicing platform, AndGo by Goodyear, is providing on-demand and on-location professional vehicle services for Turo, the leading peer-to-peer car-sharing marketplace....

Goodyear Joins Turo To Provide Timely Cleaning Service For Its Car-Sharing Community

AKRON, Ohio, June 3, 2020 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) today said it will webcast its presentation during the Deutsche Bank Global Auto Industry Conference on June 10, 2020. Darren R. Wells, executive vice president and chief financial officer, will...

Goodyear To Present During Deutsche Bank Virtual Investor Conference

Goodyear (GT) reported earnings 30 days ago. What's next for the stock?

Goodyear (GT) Up 6.1% Since Last Earnings Report: Can It Continue?

COLMAR-BERG, Luxembourg, May 27, 2020 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) and Enovos will build two photovoltaic power stations at Goodyear's testing facilities in Colmar-Berg, Luxembourg. The two stations will produce annually around 5 GWh and reduce carbon...

Goodyear and Enovos to Reduce CO2 Emissions, Provide Clean Energy for Luxembourg Citizens

American Axle & Manufacturing Hlds

Tenneco

Here's what could be driving automotive stocks higher Tuesday.

Why Goodyear Tire, American Axle, and Tenneco Popped Over 14% on Tuesday

IDEXX Laboratories

Starbucks

It's easy to see why the smart money is moving into these three stocks.

Have $1,000 to Invest? Billionaires Are Buying These 3 Stocks

AKRON, Ohio, May 20, 2020 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced that it has priced its offering of an additional $200 million aggregate principal amount of its 9.500% senior notes due May 31, 2025. The notes will be senior unsecured obligations of...

News for Goodyear Tire & Rubber Stock (GT)