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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 | -50.6% | -3.2% | -3841.3% |
| 2024 | $18.9B | $1.7B | $46M | $-490M | 1.0% | -5.9% | - |
| 2023 | $20.1B | $812M | $-729M | $-18M | -15.1% | -3.6% | -460.9% |
| 2022 | $20.8B | $1.8B | $202M | $-540M | 3.7% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total 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 |
| Operating Income | 1,054 | 670 | 904 | 652 |
| EBITDA | 1,814 | 812 | 1,701 | 1,357 |
| EBIT | 850 | -189 | 652 | 312 |
| Pretax Income | 399 | -721 | 130 | -133 |
| Tax Provision | 190 | 10 | 95 | 1,567 |
| Net Income | 202 | -729 | 46 | -1,721 |
| Net Income Common Stockholders | 202 | -729 | 46 | -1,721 |
| Total Expenses | 19,751 | 19,396 | 17,974 | 17,628 |
| Interest Expense | 451 | 532 | 522 | 445 |
| Interest Income | 34 | 84 | 54 | 37 |
| Selling General And Administration | 2,798 | 2,814 | 2,782 | 2,719 |
| Normalized EBITDA | 1,833 | 1,546 | 1,837 | 1,423 |
| Normalized Income | 217.01 | -149.14 | 153.44 | -1,668.86 |
| Basic EPS | 0.71 | -2.56 | 0.24 | 0 |
| Diluted EPS | 0.71 | -2.56 | 0.24 | 0 |
| Tax Effect Of Unusual Items | -3.99 | -154.14 | -28.56 | -13.86 |
| Tax Rate For Calcs | 0.21 | 0.21 | 0.21 | 0.21 |
| Total Unusual Items | -19 | -734 | -136 | -66 |
| Total Unusual Items Excluding Goodwill | -19 | -734 | -136 | -66 |
| Net Income From Continuing Operation Net Minority Interest | 202 | -729 | 46 | -1,721 |
| Reconciled Depreciation | 964 | 1,001 | 1,049 | 1,045 |
| Reconciled Cost Of Revenue | 16,953 | 16,582 | 15,192 | 14,909 |
| Net Interest Income | -457 | -507 | -530 | -469 |
| Net Income From Continuing And Discontinued Operation | 202 | -729 | 46 | -1,721 |
| Diluted Average Shares | 286 | 285 | 288 | 0 |
| Basic Average Shares | 284 | 285 | 287 | 0 |
| Diluted NI Availto Com Stockholders | 202 | -729 | 46 | -1,721 |
| Minority Interests | -7 | 2 | 11 | -21 |
| Net Income Including Noncontrolling Interests | 209 | -731 | 35 | -1,700 |
| Net Income Continuous Operations | 209 | -731 | 35 | -1,700 |
| Other Income Expense | -198 | -884 | -244 | -316 |
| Other Non Operating Income Expenses | -179 | -150 | -108 | -250 |
| Special Income Charges | -7 | -628 | -118 | -52 |
| Gain On Sale Of Ppe | 122 | 104 | 93 | 816 |
| Other Special Charges | 14 | 0 | 0 | 0 |
| 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 |
| Net Non Operating Interest Income Expense | -457 | -507 | -530 | -469 |
| Total Other Finance Cost | 40 | 59 | 62 | 61 |
| Interest Expense Non Operating | 451 | 532 | 522 | 445 |
| Interest Income Non Operating | 34 | 84 | 54 | 37 |
| Operating Revenue | 20,805 | 20,066 | 18,878 | 18,280 |
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 | $2.0B | - | 0.62 | -50.6% | 6.94 |
| Brightstar Lottery PLC | BRSL | $2.4B | - | 2.76 | 9.2% | 6.75 |
| Peloton Interactive, Inc. | PTON | $2.4B | - | -7.24 | 28.7% | 18.11 |
| Ardagh Metal Packaging S.A. | AMBP | $2.3B | - | -3.30 | -1.6% | 8.88 |
| Capri Holdings Limited | CPRI |
| $2.3B |
| - |
| 21.91 |
| -317.7% |
| 18.31 |
| Driven Brands Holdings Inc. | DRVN | $2.1B | - | 2.64 | -48.2% | 12.08 |
| National Vision Holdings, Inc. | EYE | $1.9B | 63.90 | 2.18 | 3.4% | 16.05 |
| Revolve Group, Inc. | RVLV | $1.8B | 29.99 | 3.07 | 12.0% | 19.01 |
| United Parks & Resorts Inc. | PRKS | $1.8B | 9.76 | -3.77 | -38.6% | 7.27 |
| Peer Median | - | 29.99 | 2.41 | 0.9% | 14.06 | |