Loading…
The Goodyear Tire & Rubber Company, together with its subsidiaries, develops, manufactures, distributes, and sells tires and related products and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers various lines of rubber tires for automobiles, trucks, buses, aircraft, motorcycles, farm implements, and other applications under the Goodyear, Cooper, Kelly, Mastercraft, Roadmaster, Debica, Sava, Fulda, Mickey Thompson, Avon, and Remington brands, as well as various house brands and private-label brands. It also provides retread truck and aviation tires; miscellaneous other products and services; automotive maintenance and repair services under the Goodyear or Just Tires names; and new tires, retreads, mechanical service, preventive maintenance, and roadside assistance to trucking fleets, as well as manufactures and sells tread rubber and other tire retreading materials. In addition, the company operates approximately 750 retail outlets, which offer products for sale to consumer and commercial customers, as well as repair and other services. Further, it sells its products and installation services online through its websites, www.goodyear.com for consumer tires and www.goodyeartrucktires.com for commercial tires; and automotive repair and maintenance items, automotive equipment and accessories, and other items to dealers and consumers. The company sells its products 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.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $18.3B | $1.4B | $-1.7B | $-30M | -53.2% | -3.2% | -3841.3% |
| 2024 | $18.9B | $1.7B | $46M | $-490M | 1.0% | -5.9% | -106.3% |
| 2023 | $20.1B | $812M | $-729M | $-18M | -15.6% | -3.6% | -460.9% |
| 2022 | $20.8B | $1.8B | $202M | $-540M | 3.8% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 20,805 | 20,066 | 18,878 | 18,280 |
| Operating Revenue | - | 20,805 | 20,066 | 18,878 | 18,280 |
| Cost Of Revenue | - | 16,953 | 16,582 | 15,192 | 14,909 |
| Gross Profit | - | 3,852 | 3,484 | 3,686 | 3,371 |
| Operating Expense | - | 2,798 | 2,814 | 2,782 | 2,719 |
| Selling General And Administration | - | 2,798 | 2,814 | 2,782 | 2,719 |
| Total Expenses | - | 19,751 | 19,396 | 17,974 | 17,628 |
| Operating Income | - | 1,054 | 670 | 904 | 652 |
| EBITDA | - | 1,814 | 812 | 1,701 | 1,357 |
| Normalized EBITDA | - | 1,833 | 1,546 | 1,837 | 1,423 |
| EBIT | - | 850 | -189 | 652 | 312 |
| Interest Income | - | 34 | 84 | 54 | 37 |
| Interest Expense | - | 451 | 532 | 522 | 445 |
| Net Interest Income | - | -457 | -507 | -530 | -469 |
| Other Non Operating Income Expenses | - | -179 | -150 | -108 | -250 |
| Other Income Expense | - | -198 | -884 | -244 | -316 |
| Interest Income Non Operating | - | 34 | 84 | 54 | 37 |
| Interest Expense Non Operating | - | 451 | 532 | 522 | 445 |
| Net Non Operating Interest Income Expense | - | -457 | -507 | -530 | -469 |
| Pretax Income | - | 399 | -721 | 130 | -133 |
| Tax Provision | - | 190 | 10 | 95 | 1,567 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -3.99 | -154.14 | -28.56 | -13.86 |
| Net Income Continuous Operations | - | 209 | -731 | 35 | -1,700 |
| Net Income From Continuing And Discontinued Operation | - | 202 | -729 | 46 | -1,721 |
| Net Income From Continuing Operation Net Minority Interest | - | 202 | -729 | 46 | -1,721 |
| Net Income | - | 202 | -729 | 46 | -1,721 |
| Net Income Common Stockholders | - | 202 | -729 | 46 | -1,721 |
| Net Income Including Noncontrolling Interests | - | 209 | -731 | 35 | -1,700 |
| Normalized Income | - | 217.01 | -149.14 | 153.44 | -1,668.86 |
| Diluted NI Availto Com Stockholders | - | 202 | -729 | 46 | -1,721 |
| Basic Average Shares | - | 284 | 285 | 287 | 288 |
| Diluted Average Shares | - | 286 | 285 | 288 | 288 |
| Reconciled Depreciation | - | 964 | 1,001 | 1,049 | 1,045 |
| Reconciled Cost Of Revenue | - | 16,953 | 16,582 | 15,192 | 14,909 |
| Total Unusual Items | - | -19 | -734 | -136 | -66 |
| Total Unusual Items Excluding Goodwill | - | -19 | -734 | -136 | -66 |
| Minority Interests | - | -7 | 2 | 11 | -21 |
| Special Income Charges | - | -7 | -628 | -118 | -52 |
| Other Special Charges | - | 14 | - | - | - |
| Impairment Of Capital Assets | - | 0 | 230 | 125 | 674 |
| Restructuring And Mergern Acquisition | - | 129 | 502 | 86 | 194 |
| Gain On Sale Of Security | - | -12 | -106 | -18 | -14 |
| Gain On Sale Of Ppe | - | 122 | 104 | 93 | 816 |
| Total Other Finance Cost | - | 40 | 59 | 62 | 61 |
Consumer Cyclical sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| The Goodyear Tire & Rubber Companythis co. | GT | $1.6B | - | 0.50 | -53.2% | 5.96 |
| Kohl's Corporation | KSS | $1.8B | 6.59 | 0.44 | 6.7% | 5.85 |
| Adient plc | ADNT | $1.8B | -6.37 | 1.01 | -15.9% | 7.37 |
| Interface, Inc. | TILE | $1.7B | 14.88 | 2.70 | 18.1% | 9.75 |
| Dauch Corporation | DCH | $1.6B |
| 2021 | - | - | - | - | - | - | - |
| -79.52 |
| 2.45 |
| -3.1% |
| 7.60 |
| La-Z-Boy Incorporated | LZB | $1.5B | 15.10 | 1.47 | 9.8% | 6.14 |
| Lindblad Expeditions Holdings, Inc. | LIND | $1.5B | -48.98 | -5.12 | 10.4% | 21.16 |
| TriMas Corporation | TRS | $1.4B | 11.79 | 2.01 | 17.0% | 19.05 |
| Savers Value Village, Inc. | SVV | $1.4B | 62.17 | 3.23 | 5.2% | 15.00 |
| Peer Median | - | 9.19 | 1.74 | 8.2% | 8.67 | |