Goodyear

OverviewSuggest Edit

Goodyear (also known as The Goodyear Tire & Rubber) 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, aircrafts, 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, USMap
Websitegoodyear.com
Employee Ratings3.4More
View Jobs (1,162)

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Latest Updates

Employees (est.) (Dec 2019)63,000(-1%)
Job Openings1,162
Revenue (FY, 2019)$14.7 B(-4%)
Share Price (Oct 2020)$9.6
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
Chris Delaney

Chris Delaney

President Europe, Middle East & Africa
Scott King

Scott King

Senior Vice President, Strategy & Business Development
Steve McClellan

Steve McClellan

President, Americas
Ryan Patterson

Ryan Patterson

President, Asia Pacific
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Goodyear Office Locations

Goodyear has offices in Akron, Pasadena, Social Circle, Statesville and in 74 other locations
Akron, US (HQ)
200 Innovation Way
Pasadena, US
13441 Bay Area Blvd
Social Circle, US
1 Wingfoot Way
Statesville, US
108 Business Park Dr
Wien, AT
13 Lehrbachgasse
Kontich, BE
5 Prins Boudewijnlaan
Show all (79)

Goodyear Financials and Metrics

Goodyear Revenue

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Goodyear's revenue was reported to be $14.75 b in FY, 2019 which is a 4.7% decrease from the previous period.
USD

Revenue (Q2, 2020)

2.1b

Gross profit (Q2, 2020)

(72.0m)

Gross profit margin (Q2, 2020), %

(3.4%)

Net income (Q2, 2020)

(703.0m)

Market capitalization (14-Oct-2020)

2.2b

Closing stock price (14-Oct-2020)

9.6

Cash (30-Jun-2020)

1.0b

EV

9.1b
Goodyear's current market capitalization is $2.2 b.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

15.4b15.5b14.7b

Revenue growth, %

1%1%(5%)

Cost of goods sold

11.0b12.0b11.6b

Gross profit

4.4b3.5b3.1b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

3.8b3.8b3.9b3.6b3.6b3.8b3.1b2.1b

Cost of goods sold

3.0b2.9b3.0b2.9b2.9b3.0b2.6b2.2b

Gross profit

854.0m892.0m900.0m719.0m777.0m837.0m504.0m(72.0m)

Gross profit Margin, %

22%23%23%20%21%22%16%(3%)
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Annual
USDFY, 2017FY, 2018FY, 2019

Cash

1.0b801.0m908.0m

Accounts Receivable

2.0b2.0b1.9b

Prepaid Expenses

224.0m238.0m234.0m

Inventories

2.8b2.9b2.9b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

837.0m975.0m896.0m860.0m917.0m868.0m971.0m1.0b

Accounts Receivable

2.5b2.4b2.7b2.4b2.5b2.7b2.0b1.7b

Prepaid Expenses

247.0m265.0m249.0m246.0m300.0m280.0m258.0m206.0m

Inventories

2.9b2.9b2.9b2.9b3.1b3.0b2.9b2.5b
show all
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

365.0m708.0m(297.0m)

Depreciation and Amortization

781.0m780.0m797.0m

Inventories

(44.0m)(171.0m)6.0m

Accounts Payable

85.0m223.0m5.0m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

80.0m244.0m598.0m(44.0m)(7.0m)102.0m(617.0m)(1.3b)

Depreciation and Amortization

199.0m392.0m589.0m193.0m389.0m584.0m196.0m472.0m

Inventories

(81.0m)(222.0m)(254.0m)(93.0m)(233.0m)(166.0m)(170.0m)304.0m

Accounts Payable

99.0m253.0m235.0m(71.0m)(55.0m)(110.0m)(106.0m)(860.0m)
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USDFY, 2017

EV/CFO

10.9 x

EV/FCF

45.6 x

Revenue/Employee

240.3k

Debt/Equity

1.2 x

Debt/Assets

0.3 x

Financial Leverage

3.5 x

P/E Ratio

23.4
Show all financial metrics

Goodyear Operating Metrics

FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020

Patents (Foreign)

3.70 k3.40 k3.40 k

Patents (US)

2 k1.80 k1.80 k

Trademarks

1.50 k1.50 k1.50 k

Unit Sales

159.20 m39 m39 m40.50 m159.20 m38 m37.40 m40.30 m155.30 m31.30 m
Show all operating metrics

Goodyear Acquisitions / Subsidiaries

Company NameDateDeal Size
4 Fleet Group GmbH
C.A. Goodyear de Venezuela
Celeron Corporation
CMN Solutions Q034 Participacoes Ltda
CMN Solutions Q036 Participacoes Ltda
CMN Solutions Q037 Participacoes Ltda
Compania Goodyear del Peru, S.A.
Compania Goodyear S. de R.L. de C.V.
Corporacion Industrial Mercurio S.A. de C.V.
Divested Atomic Corporation
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Goodyear Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

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Goodyear Revenue Breakdown

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Goodyear revenue breakdown by geographic segment: 53.7% from Americas, 14.3% from Asia Pacific and 31.9% from Europe, Middle East and Africa

Goodyear Online and Social Media Presence

Goodyear's Trends

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Goodyear News and Updates

August 25, 2020

Industrial Tire (IC) Market Sets the Table for Continued Growth | Bridgestone, Michelin, Goodyear, Continental

Stay up-to-date with Industrial Tire (IC) Market research offered by HTF MI. Check how key trends and emerging drivers are shaping this industry growth. Posted via Industry Today. Follow us on Twitter @IndustryToday
August 22, 2020

Lincoln Project Uses Trump’s Goodyear Boycott Call To Blast Him In Ohio Ad

"Trump talks a good game, but he's not on our side," says the ad. "Never has been, never will be."
August 20, 2020

Goodyear Lets Employees Wear Pro-Police Clothes After Trump Boycott Tweet

The tire maker has a longstanding policy of asking employees to refrain from expressing support for any candidates.
August 20, 2020

Trump’s call for a Goodyear boycott might mean new tires for the presidential limo

“I would swap them out based on what I heard,” Trump said of the tires on the bullet-proof limousine, known as The Beast.
August 20, 2020

Titan International, Inc. responds to Trump's suggested Goodyear boycott

QUINCY, Ill., Aug. 19, 2020 /PRNewswire/ -- Titan International, Inc. (NYSE: TWI), manufacturer of Titan Tires, Titan Wheels and Goodyear® Farm Tires, is responding after Wednesday's reports focused on Goodyear Tire & Rubber Company's alleged diversity training document that gained...
August 19, 2020

Trump’s Goodyear Rant Is a Sign of Desperation

Trump’s Goodyear Rant Is a Sign of Desperation
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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 Chris Delaney.

  • How many employees does Goodyear have?

    Goodyear has 63,000 employees.

  • What is Goodyear revenue?

    Latest Goodyear annual revenue is $14.7 b.

  • What is Goodyear revenue per employee?

    Latest Goodyear revenue per employee is $234 k.

  • Who are Goodyear competitors?

    Competitors of Goodyear include Continental, Michelin and Pirelli.

  • Where is Goodyear headquarters?

    Goodyear headquarters is located at 200 Innovation Way, Akron.

  • Where are Goodyear offices?

    Goodyear has offices in Akron, Pasadena, Social Circle, Statesville and in 74 other locations.

  • How many offices does Goodyear have?

    Goodyear has 79 offices.