Grufity logoGrufity logo

GT

11.25USD+0.03(+0.27%)Market Closed

Goodyear Tire & Rubber Co

Market Summary

USD11.25+0.03Market Closed
0.27%

GT Alerts

GT Stock Price

RSI Chart

Valuation

Market Cap

3.5B

Price/Earnings

3.74

Price/Sales

0.18

Price/Cashflow

5.9

MarketCap/EBT

4.61

Price/Sales

Profitability

EBT Margin

3.82%

Return on Equity

18.3%

Return on Assets

4.14%

Fundamentals

Revenue

Revenue (TTM)

20.5B

Revenue Y/Y

7.64%

Revenue Q/Q

1.9%

Earnings

Earnings (TTM)

859.0M

Earnings Y/Y

-66.67%

Earnings Q/Q

-73.49%

Price Action

52 Week Range

9.7624.17
(Low)(High)

Last 7 days

-1.7%

Last 30 days

11.3%

Last 90 days

-17.1%

Trailing 12 Months

-46.1%

Financial Health

Current Ratio

1.3

Debt/Equity

1.47

Debt/Cashflow

0.08

Investor Care

Shares Dilution (1Y)

0.56%

Diluted EPS (TTM)

3.14

Peers (Alternatives to Goodyear Tire & Rubber)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
721.7B
74.9B
-9.36% -46.10%
64.49
9.64
59.80% 222.66%
56.6B
147.2B
3.58% -34.46%
5.85
0.38
12.43% -13.01%
24.5B
16.0B
17.87% -37.43%
139.38
1.53
1.99% -83.33%
MID-CAP
9.0B
15.3B
17.45% -2.79%
10.96
0.58
1.58% 6.79%
8.2B
20.4B
7.56% -20.44%
72.85
0.42
3.94% -58.18%
7.0B
8.6B
9.39% -11.43%
18.34
0.81
-0.02% -25.02%
6.2B
1.8B
10.69% -16.72%
19.26
3.53
0.22% -24.57%
3.7B
1.5B
41.38% -37.96%
20.36
2.53
30.21% 20.40%
3.5B
20.5B
11.28% -46.12%
3.74
0.18
27.39% 213.50%
SMALL-CAP
1.6B
18.6B
8.17% 58.15%
-9.15
0.09
1.85% -200.42%
1.1B
5.6B
12.07% 13.19%
-44.57
0.21
5.33% -95.35%
561.8M
872.4M
14.55% 4.54%
-17.82
0.68
15.31% -204.35%
440.1M
3.6B
0.80% 4.69%
1.08
0.12
-5.61% 3.31%
427.4M
-
-8.68% -54.08%
-1.52
211.17
-65.89% -766.05%
160.8M
2.5B
-2.43% -70.61%
-0.5
0.07
2.13% 7.40%

Financials for Goodyear Tire & Rubber

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue1.9%20,48520,10818,87517,47816,080
  S&GA Expenses-1.1%2,8512,8822,8232,6992,554
  R&D Expenses-496
Earnings Before Taxes-10.5%687768614513445
Net Income-9.3%859947848764274
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets2.1%23,37822,90122,62221,40221,617
  Current Assets7.9%9,9519,2238,5637,3318,121
    Cash Equivalents-0.4%1,2431,2481,0531,0881,187
  Inventory10.8%4,8614,3894,0263,5943,443
  Goodwill0%9959951,0061,0041,017
Liabilities3.3%18,12817,55417,30016,21817,111
  Current Liabilities4.7%7,4597,1216,9456,6126,893
.    Short Term Borrowings4.2%541519570406497
  Long Term Debt2.9%7,8537,6287,5576,7367,546
Shareholder's Equity-1.7%5,0875,1745,1454,9994,314
  Retained Earnings0.8%5,8795,8355,6695,5735,020
  Additional Paid-In Capital0.1%3,1173,1143,1093,1073,095
Accumulated Depreciation-0.9%10,95011,04511,23311,13011,133
Shares Outstanding0.4%283282282282281
Minority Interest-5.8%163173177185192
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-27.2%4376006331,0621,352
  Share Based Compensation-13.2%3338373630
Cashflow From Investing1.3%-950.00-963.00-2,913.00-2,793.00-2,643.00
Cashflow From Financing5.3%6546212,1471,3091,403
  Dividend PaymentsNaN%00
* denotes actual numbers (not divided by Millions)

Risks

What is the probability of a big loss on GT?

96.5%


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

72.3%


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

57.3%


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.

Returns

Cumulative Returns on GT

0.4%


10-Year Cumulative Returns

-13.8%


7-Year Cumulative Returns

-17.7%


5-Year Cumulative Returns

-10.0%


3-Year Cumulative Returns

What are the long-term rolling returns for GT?

FIve years rolling returns for Goodyear Tire & Rubber.

Which funds bought or sold GT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-29
Bridgefront Capital, LLC
NEW
-
183,000
183,000
0.19%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
456,000
456,000
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-2.12
-308,000
3,643,000
0.01%
2022-11-21
Parallax Volatility Advisers, L.P.
ADDED
272.04
549,000
768,000
-%
2022-11-21
FourThought Financial, LLC
UNCHANGED
-
-1,000
10,000
-%
2022-11-17
M&T Bank Corp
SOLD OFF
-100
-197,000
-
-%
2022-11-17
Telemetry Investments, L.L.C.
NEW
-
116,000
116,000
0.15%
2022-11-17
CENTRAL TRUST Co
SOLD OFF
-100
-13,000
-
-%
2022-11-16
Retirement Systems of Alabama
REDUCED
-0.22
-550,000
8,621,000
0.04%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
REDUCED
-13.43
-72,000
316,000
-%

1–10 of 41

Latest Funds Activity

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

Goodyear Tire & Rubber News

Nasdaq

January 2023 Options Now Available For Goodyear Tire & Rubber (GT).3 days ago

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

18.65

65.78%

24.71

119.64%

30.51

171.20%

36.40

223.56%

60.23

435.38%

Current Inflation

17.86

58.76%

23.45

108.44%

28.81

156.09%

34.06

202.76%

54.07

380.62%

Very High Inflation

16.83

49.60%

21.84

94.13%

26.63

136.71%

31.11

176.53%

46.76

315.64%

Historical Goodyear Tire & Rubber Fair Value Estimates


Recent SEC filings of Goodyear Tire & Rubber

View All Filings
Date Filed Form Type Document
Nov 01, 2022
10-Q
Quarterly Report
Nov 01, 2022
8-K
Current Report
Oct 31, 2022
8-K
Current Report
Oct 19, 2022
8-K
Current Report
Oct 12, 2022
8-K
Current Report
Oct 11, 2022
8-K
Current Report
Oct 05, 2022
4
Insider Trading
Oct 05, 2022
4
Insider Trading
Oct 05, 2022
4
Insider Trading
Oct 05, 2022
4
Insider Trading

Latest Insider Trading transactions for GT

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-08-04
Madarang Nathaniel
ACQUIRED
-
-
3,733
President, Asia Pacific
2022-08-04
Madarang Nathaniel
SOLD (Taxes)
-21,117.6
12.57
-1,680
President, Asia Pacific
2022-06-04
Scocos Evan M
SOLD (Taxes)
-21,945.2
13.22
-1,660
Vice President and Controller
2022-06-04
Scocos Evan M
ACQUIRED
-
-
5,467
Vice President and Controller
2022-04-22
Madarang Nathaniel
SOLD (Taxes)
-23,104.3
13.21
-1,749
President, Asia Pacific
2022-04-22
Phillips David Emmitt
SOLD (Taxes)
-67,529.5
13.21
-5,112
Sr VP and General Counsel
2022-04-22
Madarang Nathaniel
ACQUIRED
-
-
3,886
President, Asia Pacific
2022-04-22
Phillips David Emmitt
ACQUIRED
-
-
11,271
Sr VP and General Counsel
2022-02-25
Duda Laura P
SOLD (Taxes)
-48,406.7
15.51
-3,121
SR VP & Chief Comm. Officer
2022-02-25
Madarang Nathaniel
SOLD (Taxes)
-7,088.07
15.51
-457
President, Asia Pacific

1–10 of 50

Richard J. Kramer
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

2022-09-30
Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]    
Net Sales (Note 3)$ 5,311$ 4,934$ 15,431$ 12,424
Cost of Goods Sold4,3053,89412,4439,723
Selling, Administrative and General Expense6967272,1011,949
Rationalizations (Note 4)45138281
Interest Expense117104331280
Other (Income) Expense (Note 5)429(18)73
Income before Income Taxes106187492318
United States and Foreign Tax Expense (Note 6)585317895
Net Income48134314223
Less: Minority Shareholders' Net Income42812
Goodyear Net Income$ 44$ 132$ 306$ 211
Goodyear Net Income (Loss) — Per Share of Common Stock    
Basic$ 0.16$ 0.47$ 1.08$ 0.83
Weighted Average Shares Outstanding284283284254
Diluted$ 0.16$ 0.46$ 1.07$ 0.82
Weighted Average Shares Outstanding (Note 7)286286286257

GT Balance Sheet

2022-09-30
Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current Assets:  
Cash and Cash Equivalents$ 1,243$ 1,088
Accounts Receivable, less Allowance3,5602,387
Inventories:  
Raw Materials1,288958
Work in Process201191
Finished Products3,3722,445
Inventories4,8613,594
Prepaid Expenses and Other Current Assets287262
Total Current Assets9,9517,331
Goodwill9951,004
Intangible Assets1,0131,039
Deferred Income Taxes (Note 6)1,4871,596
Other Assets1,0661,106
Operating Lease Right-of-Use Assets976981
Property, Plant and Equipment, less Accumulated Depreciation7,8908,345
Total Assets23,37821,402
Current Liabilities:  
Accounts Payable — Trade4,8914,148
Compensation and Benefits (Notes 11 and 12)670689
Other Current Liabilities896822
Notes Payable and Overdrafts (Note 9)541406
Operating Lease Liabilities due Within One Year195204
Long Term Debt and Finance Leases due Within One Year (Note 9)266343
Total Current Liabilities7,4596,612
Operating Lease Liabilities823819
Long Term Debt and Finance Leases (Note 9)7,8396,648
Compensation and Benefits (Notes 11 and 12)1,2501,445
Deferred Income Taxes (Note 6)132135
Other Long Term Liabilities625559
Total Liabilities18,12816,218
Commitments and Contingent Liabilities (Note 13)
Common Stock, no par value:  
Authorized, 450 million shares, Outstanding shares - 282 million in 2022 and 2021283282
Capital Surplus3,1173,107
Retained Earnings5,8795,573
Accumulated Other Comprehensive Loss(4,192)(3,963)
Goodyear Shareholders’ Equity5,0874,999
Minority Shareholders’ Equity — Nonredeemable163185
Total Shareholders’ Equity5,2505,184
Total Liabilities and Shareholders’ Equity$ 23,378$ 21,402