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 Ratings3.6
Overall CultureD

Latest Updates

Employees (est.) (Dec 2020)62,000(-1%)
Job Openings2,019
Revenue (FY, 2020)$12.3 B(-16%)
Share Price (Jul 2021)$15.7
Cybersecurity ratingBMore

Key People/Management at Goodyear

Richard J. Kramer

Richard J. Kramer

Chairman, Chief Executive Officer and President
Darren Wells

Darren Wells

Executive Vice President and Chief Financial Officer
Ryan Patterson

Ryan Patterson

Senior Vice President, Business Integration
Laura Duda

Laura Duda

Senior Vice President and Chief Communications Officer
David Phillips

David Phillips

Senior Vice President and General Counsel
Chris Helsel

Chris Helsel

Senior Vice President, Global Operations and Chief Technology Officer
Show more

Goodyear Office Locations

Goodyear has offices in Akron, Beaumont, Fayetteville, Fort Smith and in 54 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 (59)

Goodyear Financials and Metrics

Goodyear Revenue

Embed Graph
View revenue for all periods
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 (30-Jul-2021)

4.4b

Closing stock price (30-Jul-2021)

15.7

Cash (31-Mar-2021)

1.2b

EV

10.1b
Goodyear's current market capitalization is $4.4 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
Show all financial metrics

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
Show more

Goodyear Revenue Breakdown

Embed Graph

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

Human Capital Metrics

Goodyear's employees are reported to be approximately 11% female and 89% male.
Embed Graph
Show all human capital metrics

Goodyear Cybersecurity Score

Cybersecurity ratingPremium dataset

B

82/100

SecurityScorecard logo

Goodyear Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Goodyear Online and Social Media Presence

Embed Graph

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

Goodyear To Announce Second Quarter 2021 Financial Results

AKRON, Ohio, July 23, 2021 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) will report second quarter 2021 financial results on Friday, Aug. 6, to be followed by an investor conference call at 9:30 a.m. EDT. Prior to the commencement of the call, the company will post the...

Goodyear Airless Tire First on Autonomous Shuttles

AKRON, Ohio, July 13, 2021 /PRNewswire/ -- In an industry first, Goodyear (NASDAQ: GT) has developed a non-pneumatic (airless) tire (NPT) and wheel assembly to support autonomous vehicle transportation in a city setting for in-field use with the Jacksonville Transportation Authority (JTA)....

Goodyear, Carrabbas, Outback and PF Changs Discounts Added to the Already Wide Variety of Household Brand Names on the Your Social Offers Savings Destination Site

PHILADELPHIA, July 12, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Pennexx (OTC: PNNX), Pennexx’s https://yoursocialoffers.com/ YSO savings destination website is adding everyday new discounts and coupons from brand names such as Goodyear, Carrabba’s, PF Chang’s, Outback, BJ’s, Lowes, Coach, and …

Goodyear Inspires Students With Its 22nd Annual STEM Career Day

AKRON, Ohio, May 14, 2021 /PRNewswire/ -- Goodyear (NASDAQ: GT) and the International Soap Box Derby are hosting a Mini-Car Championship Race Friday as part of Goodyear's annual STEM Career Day, an outreach event encouraging high school and middle school students to pursue opportunities...

Goodyear Announces Offering Of Senior Notes In Connection With Planned Cooper Tire Acquisition

AKRON, Ohio, May 13, 2021 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced that it has commenced a private offering to eligible purchasers of $1.45 billion aggregate principal amount of 8- and 10-year senior notes. The notes will be senior unsecured...

Goodyear Tire stock jumps after profit, sales beat expectation as COVID-19 impact moderated

Shares of Goodyear Tire & Rubber Co. jumped 3.9% in premarket trading Friday, after the tire seller reported first-quarter profit and sales that beat Wall Street estimates, as the COVID-19 pandemic's impact on industry demand "moderated." The company swung to net income of $12 million, or 5 cen…
Show more

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 Michelin North America, Continental and Michelin.

  • 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 54 other locations.

  • How many offices does Goodyear have?

    Goodyear has 59 offices.