OverviewSuggest Edit

Goodyear (also known as The Goodyear Tire & Rubber Company) is a company that develops, manufactures, distributes, and sells tires and related products and services. It offers various lines of rubber tires for automobiles, trucks, buses, aircraft, motorcycles, earthmoving and mining equipment, farm implements, industrial equipment, and various other applications under the Goodyear, Dunlop, Kelly, Debica, Sava, Fulda, and various other Goodyear owned house brands, as well as under the private-label brands.
TypePublic
Founded1898
HQAkron, OH, US
Websitegoodyear.com
Employee Ratings3.7
Overall CultureD

Latest Updates

Employees (est.) (Dec 2020)62,000(-1%)
Job Openings2,080
Revenue (FY, 2020)$12.3 B(-16%)
Share Price (Oct 2021)$18.8
Cybersecurity ratingCMore
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Key People/Management at Goodyear

Richard J. Kramer

Richard J. Kramer

Chairman, Chief Executive Officer and President
Darren Wells

Darren Wells

Executive Vice President, Chief Financial Officer
Ryan Patterson

Ryan Patterson

Senior Vice President
Laura Duda

Laura Duda

Senior Vice President, Chief Communications Officer
David Phillips

David Phillips

Senior Vice President, General Counsel
Chris Helsel

Chris Helsel

Senior Vice President, Global Operations and Chief Technology Officer
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Goodyear Office Locations

Goodyear has offices in Akron, Beaumont, Fayetteville, Fort Smith and in 53 other locations
Akron, OH, US (HQ)
200 Innovation Way
Beaumont, TX, US
11357 I-10
Fayetteville, NC, US
6650 Ramsey St
Fort Smith, AR, US
1000 S 21st St
Pasadena, TX, US
13441 Bay Area Blvd
Social Circle, GA, US
1 Wingfoot Way
Show all (58)

Goodyear Financials and Metrics

Goodyear Revenue

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Goodyear's revenue was reported to be $12.32 b in FY, 2020 which is a 16.4% decrease from the previous period.
USD

Revenue (Q1, 2021)

3.5b

Gross profit (Q1, 2021)

760.0m

Gross profit margin (Q1, 2021), %

21.6%

Net income (Q1, 2021)

18.0m

Market capitalization (15-Oct-2021)

5.3b

Closing stock price (15-Oct-2021)

18.8

Cash (31-Mar-2021)

1.2b

EV

11.0b
Goodyear's current market capitalization is $5.3 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

15.5b14.7b12.3b

Revenue growth, %

1%(5%)(16%)

Cost of goods sold

12.0b11.6b10.3b

Gross profit

3.5b3.1b2.0b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

3.6b3.6b3.8b3.1b2.1b3.5b3.5b

Cost of goods sold

2.9b2.9b3.0b2.6b2.2b2.8b2.8b

Gross profit

719.0m777.0m837.0m504.0m(72.0m)690.0m760.0m

Gross profit Margin, %

20%21%22%16%(3%)20%22%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

801.0m908.0m1.5b

Accounts Receivable

2.0b1.9b1.7b

Prepaid Expenses

238.0m234.0m237.0m

Inventories

2.9b2.9b2.2b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

860.0m917.0m868.0m971.0m1.0b1.1b1.2b

Accounts Receivable

2.4b2.5b2.7b2.0b1.7b2.3b2.2b

Prepaid Expenses

246.0m300.0m280.0m258.0m206.0m235.0m207.0m

Inventories

2.9b3.1b3.0b2.9b2.5b2.2b2.4b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

708.0m(297.0m)(1.2b)

Depreciation and Amortization

780.0m797.0m859.0m

Inventories

(171.0m)6.0m713.0m

Accounts Payable

223.0m5.0m26.0m
Quarterly
USDFY, 2018

EV/CFO

10.6 x

EV/FCF

92.5 x

Revenue/Employee

241.8k

Debt/Equity

1.1 x

Debt/Assets

0.3 x

Financial Leverage

3.3 x

P/E Ratio

7.1
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Goodyear Operating Metrics

FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021

Patents (Foreign)

3.4 k3.4 k3.6 k

Patents (US)

1.8 k1.8 k1.8 k

Trademarks

1.5 k1.5 k1.5 k

Unit Sales

159.2 m38 m37.4 m40.3 m155.3 m31.3 m20.4 m36.6 m126 m35 m
Show all operating metrics

Goodyear Acquisitions / Subsidiaries

Company NameDateDeal Size
Cooper Tire & Rubber CompanyFebruary 22, 2021$2.3 b
RabenDecember 18, 2019
VENTECH Systems GmbHSeptember 20, 2017
Nippon Giant TireJune 07, 2012
South Pacific TyresJanuary 25, 2006
Celeron CorporationFebruary 09, 1983$740 m
4 Fleet Group GmbH
Airship Comercio de Produtos de Borracha e Participacoes Societarias Ltda
C.A. Goodyear de Venezuela
Celeron Corporation
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Goodyear Revenue Breakdown

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Goodyear revenue breakdown by geographic segment: 32.6% from Europe, Middle East and Africa, 14.2% from Asia Pacific and 53.2% from Americas

Human Capital Metrics

Goodyear's employees are reported to be approximately 11% female and 89% male.
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Goodyear Cybersecurity Score

Cybersecurity ratingPremium dataset

C

78/100

SecurityScorecard logo

Goodyear Online and Social Media Presence

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Goodyear Company Culture

  • Overall Culture

    D

    58/100

  • CEO Rating

    D-

    56/100

  • Compensation

    B-

    68/100

  • Diversity

    D

    56/100

Learn more on Comparably

Goodyear News and Updates

South Africa Tyre Market Report 2021 Featuring Bridgestone, Continental, Goodyear, Sumitomo, Hi-Q, TrenTyre, & Bandag

Dublin, Oct. 08, 2021 (GLOBE NEWSWIRE) -- The "The Tyre Industry in South Africa 2021" report has been added to ResearchAndMarkets.com's offering.

Goodyear Invests in Autonomous Trucking Company Gatik and Collaborates to Enhance Safety and Efficiency for Autonomous Middle Mile Logistics

The collaboration combines Gatik’s commercial-grade autonomous technology with industry-leading tire intelligence technology powered by Goodyear SightLine The collaboration combines Gatik’s commercial-grade autonomous technology with industry-leading tire intelligence technology powered by Goodyear …

Goodyear Invests In Autonomous Trucking Company Gatik And Collaborates To Enhance Safety And Efficiency For Autonomous Middle Mile Logistics

AKRON, Ohio and PALO ALTO, Calif., Sept. 28, 2021 /PRNewswire/ -- Goodyear (NASDAQ: GT) and Gatik today announced a multi-year collaboration with a goal to advance the development of mobility solutions for the autonomous B2B short-haul logistics industry. The collaboration will contribute...

Gatik reveals Goodyear as strategic investor, announces partnership deal

Major tire manufacturer Goodyear and autonomous trucking startup Gatik have announced a strategic partnership that sees the two companies collaborating on advanced mobility solutions... The post Gatik reveals Goodyear as strategic investor, announces partnership deal first appeared on BetaKit.

Goodyear Announces Pricing Of €400 million European Senior Notes

AKRON, Ohio, Sept. 22, 2021 /PRNewswire/ -- The Goodyear Tire & Rubber Company ("Goodyear") today announced that its European subsidiary, Goodyear Europe B.V. ("GEBV"), has priced its private offering to eligible purchasers of €400 million aggregate principal amount of senior notes due...

Goodyear Announces Offering of €300 Million European Senior Notes

AKRON, Ohio, Sept. 20, 2021 /PRNewswire/ -- The Goodyear Tire & Rubber Company ("Goodyear") today announced that its European subsidiary, Goodyear Europe B.V. ("GEBV"), has commenced a private offering to eligible purchasers of €300 million aggregate principal amount of senior notes due...
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Goodyear Frequently Asked Questions

  • When was Goodyear founded?

    Goodyear was founded in 1898.

  • Who are Goodyear key executives?

    Goodyear's key executives are Richard J. Kramer, Darren Wells and Ryan Patterson.

  • How many employees does Goodyear have?

    Goodyear has 62,000 employees.

  • What is Goodyear revenue?

    Latest Goodyear annual revenue is $12.3 b.

  • What is Goodyear revenue per employee?

    Latest Goodyear revenue per employee is $198.7 k.

  • Who are Goodyear competitors?

    Competitors of Goodyear include Apollo Tyres, Goodrich and Michelin North America.

  • Where is Goodyear headquarters?

    Goodyear headquarters is located at 200 Innovation Way, Akron.

  • Where are Goodyear offices?

    Goodyear has offices in Akron, Beaumont, Fayetteville, Fort Smith and in 53 other locations.

  • How many offices does Goodyear have?

    Goodyear has 58 offices.