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Goodyear Tire & Rubber Co Stock Research

GT

14.36USD+0.23(+1.63%)Market Closed

Market Summary

USD14.36+0.23
Market Closed
1.63%

GT Alerts

GT Stock Price

GT RSI Chart

GT Valuation

Market Cap

4.1B

Price/Earnings (Trailing)

812.78

Price/Sales (Trailing)

0.2

EV/EBITDA

6.9

Price/Free Cashflow

-6.57

GT Price/Sales (Trailing)

GT Profitability

EBT Margin

1.92%

Return on Equity

3.81%

Return on Assets

0.9%

Free Cashflow Yield

-15.23%

GT Fundamentals

GT Revenue

Revenue (TTM)

20.8B

Revenue Y/Y

0.67%

Revenue Q/Q

-8.06%

GT Earnings

Earnings (TTM)

5.0M

Earnings Y/Y

-205.21%

Earnings Q/Q

2.88%

Price Action

52 Week Range

9.6615.69
(Low)(High)

Last 7 days

2.4%

Last 30 days

40.0%

Last 90 days

27.1%

Trailing 12 Months

16.8%

GT Financial Health

Current Ratio

1.21

Debt/Equity

1.37

Debt/Cashflow

0.07

GT Investor Care

Shares Dilution (1Y)

0.35%

Diluted EPS (TTM)

0.03

Peers (Alternatives to Goodyear Tire & Rubber)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
TSLA
612.2B
86.0B
 25.64% -18.12%
52.09
7.12
 38.34% 39.91%
GM
46.5B
160.7B
 3.32% -10.43%
4.98
0.29
 23.16% -5.45%
APTV
24.9B
18.1B
 -10.43% -9.45%
37.39
1.38
 14.94% 73.70%
BWA
11.0B
16.1B
 -2.12% 21.71%
11.49
0.69
 9.55% 43.01%
MID-CAP
LEA
7.6B
21.5B
 -2.57% -5.36%
17.94
0.35
 12.61% 92.12%
ALV
7.2B
9.2B
 -1.91% 10.69%
17.5
0.79
 13.55% 14.05%
GNTX
6.3B
2.0B
 2.70% -9.98%
19.21
3.16
 16.66% -1.81%
GT
4.1B
20.8B
 39.96% 16.75%
812.78
0.2
 10.40% -99.41%
FOXF
3.9B
1.6B
 -14.94% 17.34%
19.11
2.41
 16.37% 25.31%
SMALL-CAP
TEN
1.7B
18.6B
 8.17% 58.15%
-7.03
0.09
 1.85% -200.42%
AXL
837.7M
5.9B
 2.14% -4.79%
14.39
0.14
 13.40% 283.60%
GTX
527.5M
3.7B
 -0.37% 32.46%
1.38
0.14
 3.82% -44.33%
SRI
454.2M
920.2M
 -7.51% -15.12%
-32.32
0.49
 15.35% -512.68%
CPS
199.0M
2.6B
 0.26% 119.06%
-0.7
0.08
 14.10% 18.88%
WKHS
155.4M
-
 -4.81% -68.36%
-1.29
30.94
 105.05% 60.31%

Financials for Goodyear Tire & Rubber

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Revenue0.2%20,83820,80520,48520,10818,875
  S&GA Expenses-0.9%2,7742,7982,8512,8822,823
EBITDA-12.8%1,8142,0811,8051,956-
EBITDA Margin-14.2%0.09*0.10*0.09*0.10*-
Earnings Before Taxes-58.6%165399687768614
EBT Margin-42.8%0.02*0.03*0.02*0.03*-
Interest Expenses5.1%474451438425412
Net Income-97.5%5.00202859947848
Net Income Margin-76.8%0.01*0.04*0.02*0.04*-
Free Cahsflow16.0%-540-643-507-439-
Balance Sheet
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Assets3.3%23,17122,43123,37822,90122,622
  Current Assets6.3%9,2138,6659,9519,2238,563
    Cash Equivalents-5.2%1,1631,2271,2431,2481,053
  Inventory-0.4%4,5534,5714,8614,3894,026
  Goodwill0.5%1,0191,0149959951,006
Liabilities4.6%17,74716,96518,12817,55417,300
  Current Liabilities-2.2%6,9847,1407,4597,1216,945
.    Short Term Borrowings30.9%517395541519570
  Long Term Debt12.9%8,2047,2677,8397,5697,450
Shareholder's Equity2.3%5,4245,3005,0875,3475,322
  Retained Earnings-1.7%5,6745,7755,8795,8355,669
  Additional Paid-In Capital0.1%3,1203,1173,1173,1143,109
Accumulated Depreciation-0.9%10,95011,04511,233--
Shares Outstanding0%283283283282282
Minority Interest3.0%171166163173177
Cashflow (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Cashflow From Operations-12.3%457521437600633
  Share Based Compensation-13.2%33.0038.0037.00--
Cashflow From Investing-17.1%-1,070-914-950-963-2,913
Cashflow From Financing16.2%6685756546212,147
  Dividend Payments-0.00----

Risks for GT

What is the probability of a big loss on GT?

100%

Probability that Goodyear Tire & Rubber stock will be more than 20% underwater in next one year

80.8%

Probability that Goodyear Tire & Rubber stock will be more than 30% underwater in next one year.

60.4%

Probability that Goodyear Tire & Rubber stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does GT drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Goodyear Tire & Rubber was unfortunately bought at previous high price.

Drawdowns

Returns for GT

Cumulative Returns on GT

1.3%

10-Year Cumulative Returns

-7.8%

7-Year Cumulative Returns

-9.5%

5-Year Cumulative Returns

21.4%

3-Year Cumulative Returns

What are the long-term rolling returns for GT?

FIve years rolling returns for Goodyear Tire & Rubber.

Annualized Returns

Which funds bought or sold GT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-05-23
Toroso Investments, LLC
new
-
648,000
648,000
 0.01%
2023-05-23
ROYCE & ASSOCIATES LP
added
11.58
1,071,090
6,135,940
 0.06%
2023-05-22
EMC Capital Management
unchanged
-
9,000
106,000
 0.09%
2023-05-22
BIRMINGHAM CAPITAL MANAGEMENT CO INC/AL
unchanged
-
109,533
1,387,420
 0.55%
2023-05-22
American Trust
sold off
-100
-121,993
-
 -%
2023-05-22
AMERIPRISE FINANCIAL INC
added
25.05
2,571,380
9,758,380
 -%
2023-05-22
Raleigh Capital Management Inc.
unchanged
-
191
2,424
 -%
2023-05-22
PUTNAM INVESTMENTS LLC
reduced
-4.02
14,415
357,445
 -%
2023-05-19
Trivant Custom Portfolio Group, LLC
new
-
44,080
44,080
 0.03%
2023-05-18
JPMORGAN CHASE & CO
added
29.79
5,461,000
18,805,000
 -%

1–10 of 39

Latest Funds Activity

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

GT Alerts

Goodyear Tire & Rubber News

InvestorPlace
Can Billionaire Paul Singer Save Goodyear Tire (GT) Stock?.
InvestorPlace,
17 days ago
InvestorsObserver
Is Goodyear Tire & Rubber Co (GT) Stock a Smart Investment Monday?.
InvestorsObserver,
3 months ago
TipRanks
Why Goodyear Tire (NASDAQ:GT) Stock’s Recent Momentum Can ....
TipRanks,
9 months ago
InvestorsObserver
Goodyear Tire & Rubber Co (GT) Stock: What Does the Chart Say Friday?.
InvestorsObserver,
11 months ago
TheStreet
The Goodyear Tire & Rubber Company (GT) Stock Price, News ....
TheStreet,
6 years ago

Schedule 13G FIlings of Goodyear Tire & Rubber

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

GT Fair Value

Goodyear Tire & Rubber fair value in different scenarios

The table shows the Fair Value estimates for Goodyear Tire & Rubber for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

19.57

36.28%

22.82

58.91%

27.77

93.38%

32.55

126.67%

61.05

325.14%
Current Inflation

18.72

30.36%

21.71

51.18%

26.24

82.73%

30.59

113.02%

54.36

278.55%
Very High Inflation

17.60

22.56%

20.28

41.23%

24.27

69.01%

28.09

95.61%

46.48

223.68%

Historical Goodyear Tire & Rubber Fair Value Estimates

Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Goodyear Tire & Rubber

View All Filings
Date Filed Form Type Document
May 09, 2023
4
Insider Trading
May 05, 2023
10-Q
Quarterly Report
May 04, 2023
8-K
Current Report
Apr 26, 2023
8-K
Current Report
Apr 14, 2023
8-K
Current Report
Apr 12, 2023
4
Insider Trading
Apr 12, 2023
4
Insider Trading
Apr 12, 2023
4
Insider Trading
Apr 12, 2023
4
Insider Trading
Apr 12, 2023
4
Insider Trading

Latest Insider Trading transactions for GT

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-05-05
Zamarro Christina L
acquired
-
-
16,612
evp & chief financial officer
2023-05-05
Zamarro Christina L
sold (taxes)
-57,630
11.43
-5,042
evp & chief financial officer
2023-02-25
Duda Laura P
acquired
-
-
13,339
sr vp & chief comm. officer
2023-02-25
KRAMER RICHARD J
acquired
-
-
121,047
chairman of the bd, ceo & pres
2023-02-25
VanderLind Gary
sold (taxes)
-86,422
11.3
-7,648
sr vp & chief human res. ofcr.
2023-02-25
Duda Laura P
sold (taxes)
-45,911
11.3
-4,063
sr vp & chief comm. officer
2023-02-25
Helsel Christopher P
sold (taxes)
-86,422
11.3
-7,648
sr vp glbl ops chief tech ofcr
2023-02-25
Scocos Evan M
sold (taxes)
-43,346
11.3
-3,836
vice president and controller
2023-02-25
VanderLind Gary
acquired
-
-
25,197
sr vp & chief human res. ofcr.
2023-02-25
Phillips David Emmitt
sold (taxes)
-122,006
11.3
-10,797
sr vp and general counsel

1–10 of 50

About Goodyear Tire & Rubber

Richard J. Kramer
www.goodyear.com
65535
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 equipment, and mining and industrial equipment 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 retreads truck, aviation, and off-the-road tires; manufactures and sells tread rubber and other tire retreading materials; sells chemical and natural rubber products; and provides automotive and commercial truck maintenance and repair services, and miscellaneous other products and services. It operates approximately 1,000 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.

GT Income Statement

2023-03-31
Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Income Statement [Abstract]  
Net Sales (Note 2)$ 4,941$ 4,908
Cost of Goods Sold4,1933,966
Selling, Administrative and General Expense664688
Rationalizations (Note 3)3211
Interest Expense127104
Other (income) expense (Note 4)255
Income (Loss) before Income Taxes(100)134
United States and Foreign Tax (Benefit) Expense (Note 5)(1)38
Net Income (Loss)(99)96
Less: Minority Shareholders' Net Income20
Goodyear Net Income (Loss)$ (101)$ 96
Goodyear Net Income (Loss) — Per Share of Common Stock  
Basic$ (0.35)$ 0.34
Weighted Average Shares Outstanding285284
Diluted$ (0.35)$ 0.33
Weighted Average Shares Outstanding285287

GT Balance Sheet

2023-03-31
Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Current Assets:  
Cash and Cash Equivalents$ 1,082$ 1,227
Accounts Receivable, less Allowance $104 ($112 in 2022)3,2442,610
Inventories:  
Raw Materials1,0531,191
Work in Process236187
Finished Products3,2643,193
Inventories4,5534,571
Prepaid Expenses and Other Current Assets334257
Total Current Assets9,2138,665
Goodwill1,0191,014
Intangible Assets9951,004
Deferred Income Taxes (Note 5)1,4971,443
Other Assets1,1481,035
Operating Lease Right-of-Use Assets973976
Property, Plant and Equipment, less Accumulated Depreciation $11,756 ($11,377 in 2022)8,3268,294
Total Assets23,17122,431
Current Liabilities:  
Accounts Payable — Trade4,4524,803
Compensation and Benefits (Notes 10 and 11)602643
Other Current Liabilities923872
Notes Payable and Overdrafts (Note 8)517395
Operating Lease Liabilities due Within One Year200199
Long Term Debt and Finance Leases due Within One Year (Note 8)290228
Total Current Liabilities6,9847,140
Operating Lease Liabilities817821
Long Term Debt and Finance Leases (Note 8)8,2047,267
Compensation and Benefits (Notes 10 and 11)978998
Deferred Income Taxes (Note 5)124134
Other Long Term Liabilities640605
Total Liabilities17,74716,965
Commitments and Contingent Liabilities (Note 12)
Goodyear Shareholders’ Equity:  
Common Stock, no par value: Authorized, 450 million shares, Outstanding shares 283 million in 2023 and 2022283283
Capital Surplus3,1203,117
Retained Earnings5,6745,775
Accumulated Other Comprehensive Loss (Note 14)(3,824)(3,875)
Goodyear Shareholders’ Equity5,2535,300
Minority Shareholders’ Equity — Nonredeemable171166
Total Shareholders’ Equity5,4245,466
Total Liabilities and Shareholders’ Equity$ 23,171$ 22,431