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GT

Goodyear Tire & Rubber Co-The

GT

13.97USD-0.05 (-0.36%)Market Closed
Watchlist

Market Summary

USD13.97-0.05
Market Closed
-0.36%

GT Alerts

  • Big fall in earnings (Y/Y)
  • Losses in recent quarter

GT Stock Price

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GT RSI Chart

GT Valuation

Market Cap

4.0B

Price/Earnings (Trailing)

-7.97

Price/Sales (Trailing)

0.2

EV/EBITDA

10.39

Price/Free Cashflow

-25.06

GT Price/Sales (Trailing)

GT Profitability

EBT Margin

-1.45%

Return on Equity

-7.19%

Return on Assets

-1.61%

Free Cashflow Yield

-3.99%

GT Fundamentals

GT Revenue

Revenue (TTM)

20.3B

Revenue Y/Y

-3.18%

Revenue Q/Q

5.65%

GT Earnings

Earnings (TTM)

-500.0M

Earnings Y/Y

-302.27%

Earnings Q/Q

57.21%

Price Action

Last 7 days

1.0%

Last 30 days

8.9%

Last 90 days

10.3%

Trailing 12 Months

31.7%

How does GT drawdown profile look like?

GT Financial Health

Current Ratio

1.28

Debt/Equity

1.57

Debt/Cashflow

0.08

GT Investor Care

Shares Dilution (1Y)

0.35%

Diluted EPS (TTM)

-1.75

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202320.8B20.5B20.3B0
202218.9B20.1B20.5B20.8B
202112.8B14.6B16.1B17.5B
202014.2B12.7B12.4B12.3B
201915.2B15.0B14.9B14.7B
201815.5B15.7B15.7B15.5B
201715.2B15.0B15.0B15.4B
201616.1B15.8B15.5B15.2B
201517.7B17.2B16.7B16.4B
201419.2B18.9B18.6B18.1B
201320.3B20.1B19.8B19.5B
201222.9B22.4B21.6B21.0B
201120.0B21.1B22.2B22.8B
201017.0B17.6B18.2B18.8B
200918.7B17.9B17.1B16.3B
200800019.5B

Latest Insider Trading transactions for GT

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Aug 04, 2023
madarang nathaniel
sold (taxes)
-21,554
12.83
-1,680
president, asia pacific
Aug 04, 2023
madarang nathaniel
acquired
-
-
3,732
president, asia pacific
May 05, 2023
zamarro christina l
acquired
-
-
16,612
evp & chief financial officer
May 05, 2023
zamarro christina l
sold (taxes)
-57,630
11.43
-5,042
evp & chief financial officer
Feb 25, 2023
kramer richard j
acquired
-
-
121,047
chairman of the bd, ceo & pres
Feb 25, 2023
duda laura p
acquired
-
-
13,339
sr vp & chief comm. officer
Feb 25, 2023
vanderlind gary
sold (taxes)
-86,422
11.3
-7,648
sr vp & chief human res. ofcr.
Feb 25, 2023
duda laura p
sold (taxes)
-45,911
11.3
-4,063
sr vp & chief comm. officer
Feb 25, 2023
helsel christopher p
sold (taxes)
-86,422
11.3
-7,648
sr vp glbl ops chief tech ofcr
Feb 25, 2023
scocos evan m
sold (taxes)
-43,346
11.3
-3,836
vice president and controller

1–10 of 50

Which funds bought or sold GT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Dec 07, 2023
Hudson Bay Capital Management LP
added
85.94
4,715,920
11,555,900
0.04%
Dec 06, 2023
CITIGROUP INC
reduced
-55.44
-1,830,170
1,245,010
-%
Dec 06, 2023
Raleigh Capital Management Inc.
unchanged
-
-275
2,735
-%
Dec 01, 2023
B. Riley Wealth Advisors, Inc.
added
3.67
-27,582
447,993
0.01%
Nov 30, 2023
FIDELITY D & D BANCORP INC
new
-
385,330
385,330
0.40%
Nov 30, 2023
Neo Ivy Capital Management
new
-
1,602,000
1,602,000
0.70%
Nov 24, 2023
DEUTSCHE BANK AG\
added
14.38
63,907
1,689,730
-%
Nov 21, 2023
COMERICA BANK
new
-
1,510,490
1,510,490
0.01%
Nov 21, 2023
Walleye Capital LLC
new
-
7,099,920
7,099,920
0.02%
Nov 17, 2023
Athena Investment Management
reduced
-0.67
-21,902
202,833
0.14%

1–10 of 37

Latest Funds Activity

Are funds buying GT calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own GT
No. of Funds

Schedule 13G FIlings of Goodyear Tire & Rubber Co-The

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
alliancebernstein l.p.
6.4%
17,999,772
SC 13G/A
Feb 09, 2023
vanguard group inc
10.16%
28,724,606
SC 13G/A
Jan 26, 2023
blackrock inc.
12.3%
34,713,271
SC 13G/A
Jan 20, 2023
blackrock inc.
12.3%
34,713,271
SC 13G/A
Mar 09, 2022
vanguard group inc
10.12%
28,523,598
SC 13G/A
Feb 14, 2022
alliancebernstein l.p.
7.0%
19,559,049
SC 13G
Feb 10, 2022
vanguard group inc
9.92%
27,912,321
SC 13G/A
Feb 08, 2022
dimensional fund advisors lp
4.2%
11,830,788
SC 13G/A
Jan 27, 2022
blackrock inc.
11.8%
33,238,289
SC 13G/A
Jan 25, 2022
blackrock inc.
11.8%
33,238,289
SC 13G/A

Recent SEC filings of Goodyear Tire & Rubber Co-The

View All Filings
Date Filed Form Type Document
Nov 16, 2023
8-K
Current Report
Nov 15, 2023
8-K
Current Report
Nov 07, 2023
10-Q
Quarterly Report
Nov 06, 2023
8-K
Current Report
Oct 04, 2023
4
Insider Trading
Oct 04, 2023
4
Insider Trading
Sep 28, 2023
8-K
Current Report
Sep 22, 2023
8-K
Current Report
Sep 08, 2023
8-K
Current Report

Peers (Alternatives to Goodyear Tire & Rubber Co-The)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
771.4B
95.9B
9.21% 39.42%
71.71
8.04
28.13% -3.88%
46.0B
172.0B
17.92% -11.54%
4.59
0.27
16.82% 5.03%
43.3B
174.2B
6.29% -12.33%
7.14
0.25
14.82% -32.67%
22.9B
-
6.76% -17.33%
10.02
6.77
44.99% 506.91%
10.6B
27.0B
3.93% 2.70%
23.39
0.39
-19.84% -43.83%
MID-CAP
7.7B
16.4B
1.29% -19.47%
10.63
0.47
7.05% -11.25%
4.4B
14.7B
6.35% 20.43%
4.93
0.3
2.19% 14.73%
4.3B
3.0B
5.16% 25.30%
8.04
1.54
10.50% 26.77%
4.0B
20.3B
8.93% 31.74%
-7.97
0.2
-0.79% -158.21%
3.1B
15.3B
-7.39% -4.19%
26.87
0.2
15.66% -85.53%
SMALL-CAP
888.8M
6.0B
12.28% -18.12%
-1.5K
0.15
6.46% -114.63%
682.6M
1.1B
16.76% 67.19%
-38.13
0.63
47.93% 28.54%
110.8M
546.0M
6.38% -42.92%
3.56
0.2
1.19% 42.73%
102.2M
10.7M
-6.98% -79.06%
-0.87
8.08
271.05% 50.02%
10.5M
949.9K
22.22% -50.97%
-0.34
11.07
-70.27% -28.13%

Goodyear Tire & Rubber Co-The News

Latest updates
InvestorPlace11 May 202307:00 am7 months ago

Financials for Goodyear Tire & Rubber Co-The

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue5.7%5,142,0004,867,0004,941,0005,374,0005,311,0005,212,0004,908,0005,054,0004,934,0003,979,0003,511,0003,656,0003,465,0002,144,0003,056,0003,713,0003,802,0003,632,0003,598,0003,876,0003,928,000
  S&GA Expenses-4.9%673,000708,000664,000697,000696,000717,000688,000750,000727,000658,000564,000605,000555,000451,000581,000618,000572,000586,000547,000580,000553,000
EBITDA Margin-100.0%-0.06*0.08*0.09*0.10*0.09*0.10*0.10*0.10*0.09*0.04*0.00*0.00*0.01*0.07*0.09*0.10*0.12*0.13*--
Interest Expenses0%138,000138,000127,000120,000117,000110,000104,000107,000104,00097,00079,00078,00088,00085,00073,00079,00088,00088,00085,00085,00082,000
Income Taxes1350.0%25,000-2,000-1,00012,00058,00082,00038,0001,50053,00027,00015,00060,000-13,000-186,000249,000411,00031,00026,0006,00092,000159,000
Earnings Before Taxes71.9%-59,000-210,000-100,000-93,000106,000252,000134,000195,000187,00098,00033,000127,000-10,000-889,000-368,00012,000121,00082,000-38,000202,000513,000
EBT Margin100.0%--0.01*0.01*0.02*0.03*0.02*0.03*0.03*0.03*0.02*-0.06*-0.09*-0.10*-0.09*-0.01*0.01*0.02*0.05*0.06*--
Net Income57.2%-89,000-208,000-99,000-104,00044,000166,00096,000553,000132,00067,00018,00062,000-2,000-696,000-617,000-400,50088,00054,000-44,000107,500351,000
Net Income Margin100.0%--0.02*0.00*0.01*0.04*0.02*0.04*0.04*0.02*0.01*-0.05*-0.10*-0.14*-0.13*-0.06*-0.02*0.01*0.03*0.04*--
Free Cashflow-100.0%-96,000-1,066,000852,000-348,000-57,000-987,000749,000-212,00011,000-467,0001,194,000457,000-411,000-772,0001,137,000-8,000-107,000-585,000--
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets-1.4%22,49922,81423,17122,43123,37822,90122,62221,40221,61721,18016,56916,50616,19215,82716,69117,18518,29918,47018,27316,87217,591
  Current Assets-2.0%8,6778,8589,2138,6659,9519,2238,5637,3318,1217,5195,9485,6205,6955,4136,1735,9346,8616,7816,4925,9256,753
    Cash Equivalents0.9%1,0581,0491,0821,2271,2431,2481,0531,1641,1871,0301,2231,5391,0571,006971974868917860873896
  Inventory-9.1%3,9644,3604,5534,5714,8614,3894,0263,5943,4433,3142,3592,1532,1522,4742,9192,8512,9653,0912,9402,8562,938
  Net PPE-----------------7,0327,1947,1967,2597,132
  Goodwill-0.8%1,0101,0181,0191,0149959951,0061,0041,017874395408393383369565550570563569572
Liabilities-1.2%17,33817,54117,74716,96518,12817,55417,30016,21817,11116,76913,28313,24713,15312,81412,99412,64013,26413,42113,24211,80212,591
  Current Liabilities-3.5%6,6946,9406,9847,1407,4597,1216,9456,6126,8936,6035,3335,1064,8934,6265,2665,2875,1735,0815,0874,7815,047
  Short Term Borrowings-40.3%322539517395541519570406497459390406529712691348486480495410445
  Long Term Debt0.5%8,0678,0278,2047,2677,8397,5697,4506,6487,1536,9785,3265,4325,7085,6885,2124,7535,5805,7665,5455,1105,604
Shareholder's Equity1.1%5,1615,1055,4245,3005,0875,3475,3225,1844,5064,4113,2863,2593,0393,0133,6974,5455,0355,0495,0315,0705,000
  Retained Earnings-1.6%5,3775,4665,6745,7755,8795,8355,6695,5735,0204,8884,8214,8094,7464,7485,4446,1136,5436,4926,4766,5976,525
  Additional Paid-In Capital0.1%3,1263,1243,1203,1173,1173,1143,1093,1073,0953,0862,1822,1712,1632,1542,1462,1412,1322,1242,1142,1112,125
Accumulated Depreciation2.4%12,14611,85711,64511,37710,95011,04511,23311,13011,13311,19210,93510,99110,57610,29310,32410,48810,45710,49210,28510,16110,199
Shares Outstanding0.4%284283283283283284284282283244235233234234234233233233232232236
Minority Interest0%168168171166163173177185192199180181179180187194200202223206200
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations-32.6%230,000,000341,000,000-775,000,0001,148,000,000-94,000,000178,000,000-711,000,0001,064,000,00069,000,000211,000,000-282,000,0001,354,000,000581,000,000-259,000,000-561,000,0001,346,000,000152,000,00073,000,000-364,000,000940,000,00060,000,000
Cashflow From Investing8.5%-173,000,000-189,000,000-456,000,000-266,000,000-245,000,000-103,000,000-300,000,000-302,000,000-258,000,000-2,053,000,000-180,000,000-152,000,000-125,000,000-133,000,000-257,000,000-216,000,000-165,000,000-175,000,000-244,000,000-203,000,000-194,000,000
Cashflow From Financing48.7%-102,000,000-199,000,0001,075,000,000-925,000,000368,000,000150,000,000982,000,000-846,000,000335,000,0001,676,000,000144,000,000-752,000,000-369,000,000385,000,000939,000,000-1,096,000,000-22,000,000166,000,000645,000,000-820,000,00058,000,000
  Dividend Payments---------------37,000,00037,000,00037,000,00037,000,00037,000,00038,000,00033,000,000
  Buy Backs--------------------20,000,000100,000,000

GT Income Statement

2023-09-30
Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended6 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]      
Net Sales (Note 2)$ 5,142$ 5,311  $ 14,950$ 15,431
Cost of Goods Sold4,1714,305  12,48712,443
Selling, Administrative and General Expense673696  2,0452,101
Rationalizations (Note 3)19845  30282
Interest Expense138117  403331
Other (Income) Expense (Note 4)2142  82(18)
Income (Loss) before Income Taxes(59)106  (369)492
United States and Foreign Tax Expense (Note 5)2558  22178
Net Income (Loss)(84)48$ (307)$ 266(391)314
Less: Minority Shareholders' Net Income54  78
Goodyear Net Income (Loss)$ (89)$ 44  $ (398)$ 306
Goodyear Net Income (Loss) — Per Share of Common Stock      
Basic$ (0.31)$ 0.16  $ (1.4)$ 1.08
Weighted Average Shares Outstanding (Note 6)285284  285284
Diluted$ (0.31)$ 0.16  $ (1.4)$ 1.07
Weighted Average Shares Outstanding (Note 6)285286  285286

GT Balance Sheet

2023-09-30
Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current Assets:  
Cash and Cash Equivalents$ 1,002$ 1,227
Accounts Receivable, less Allowance - $104 ($112 in 2022)3,3792,610
Inventories:  
Raw Materials8221,191
Work in Process223187
Finished Products2,9193,193
Inventories3,9644,571
Prepaid Expenses and Other Current Assets332257
Total Current Assets8,6778,665
Goodwill1,0101,014
Intangible Assets9751,004
Deferred Income Taxes (Note 5)1,5261,443
Other Assets1,1361,035
Operating Lease Right-of-Use Assets961976
Property, Plant and Equipment, less Accumulated Depreciation - $11,890 ($11,377 in 2022)8,2148,294
Total Assets22,49922,431
Current Liabilities:  
Accounts Payable — Trade4,1104,803
Compensation and Benefits (Notes 10 and 11)631643
Other Current Liabilities1,154872
Notes Payable and Overdrafts (Note 8)322395
Operating Lease Liabilities due Within One Year200199
Long Term Debt and Finance Leases due Within One Year (Note 8)277228
Total Current Liabilities6,6947,140
Operating Lease Liabilities804821
Long Term Debt and Finance Leases (Note 8)8,0677,267
Compensation and Benefits (Notes 10 and 11)968998
Deferred Income Taxes (Note 5)107134
Other Long Term Liabilities698605
Total Liabilities17,33816,965
Commitments and Contingent Liabilities (Note 12)
Goodyear Shareholders’ Equity:  
Common Stock, no par value: Authorized, 450 million shares, Outstanding shares - 284 million in 2023 (283 million in 2022)284283
Capital Surplus3,1263,117
Retained Earnings5,3775,775
Accumulated Other Comprehensive Loss (Note 14)(3,794)(3,875)
Goodyear Shareholders’ Equity4,9935,300
Minority Shareholders’ Equity — Nonredeemable168166
Total Shareholders’ Equity5,1615,466
Total Liabilities and Shareholders’ Equity$ 22,499$ 22,431
GT
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 and mining equipment, farm implements, industrial equipment, and other applications 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 provides retreads truck, aviation, and off-the-road tires; manufactures and sells tread rubber and other tire retreading materials; sells chemical products; and provides automotive and commercial repair services, and miscellaneous other products and services. In addition, it operates approximately 950 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.
 CEO
 WEBSITEwww.goodyear.com
 EMPLOYEES65535

Goodyear Tire & Rubber Co-The Frequently Asked Questions


What is the ticker symbol for Goodyear Tire & Rubber Co-The? What does GT stand for in stocks?

GT is the stock ticker symbol of Goodyear Tire & Rubber Co-The. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Goodyear Tire & Rubber Co-The (GT)?

As of Thu Dec 07 2023, market cap of Goodyear Tire & Rubber Co-The is 3.98 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of GT stock?

You can check GT's fair value in chart. The fair value of Goodyear Tire & Rubber Co-The is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Goodyear Tire & Rubber Co-The is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for GT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Goodyear Tire & Rubber Co-The a good stock to buy?

The fair value guage provides a quick view whether GT is over valued or under valued. Whether Goodyear Tire & Rubber Co-The is cheap or expensive depends on the assumptions which impact Goodyear Tire & Rubber Co-The's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for GT.

What is Goodyear Tire & Rubber Co-The's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Dec 07 2023, GT's PE ratio (Price to Earnings) is -7.97 and Price to Sales (PS) ratio is 0.2. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. GT PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Goodyear Tire & Rubber Co-The's stock?

In the past 10 years, Goodyear Tire & Rubber Co-The has provided -0.035 (multiply by 100 for percentage) rate of return.