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, OH, US
Websitegoodyear.com
Employee Ratings3.6
Overall CultureD

Latest Updates

Employees (est.) (Dec 2019)63,000(-1%)
Job Openings1
Revenue (FY, 2020)$12.3 B(-16%)
Share Price (Feb 2021)$13.9 (+2%)
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, Beaumont, Fayetteville, Fort Smith and in 59 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 (64)

Goodyear Financials and Metrics

Goodyear Revenue

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Goodyear's revenue was reported to be $12.32 b in FY, 2020
USD

Revenue (FY, 2020)

12.3b

Gross profit (FY, 2020)

2.0b

Gross profit margin (FY, 2020), %

16.1%

Net income (FY, 2020)

(1.2b)

Market capitalization (19-Feb-2021)

3.2b

Closing stock price (19-Feb-2021)

13.9

Cash (31-Dec-2020)

1.5b

EV

8.6b
Goodyear's current market capitalization is $3.2 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

15.4b15.5b14.7b12.3b

Revenue growth, %

1%1%(5%)

Cost of goods sold

11.0b12.0b11.6b10.3b

Gross profit

4.4b3.5b3.1b2.0b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

3.8b3.8b3.9b3.6b3.6b3.8b3.1b2.1b3.5b

Cost of goods sold

3.0b2.9b3.0b2.9b2.9b3.0b2.6b2.2b2.8b

Gross profit

854.0m892.0m900.0m719.0m777.0m837.0m504.0m(72.0m)690.0m

Gross profit Margin, %

22%23%23%20%21%22%16%(3%)20%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

1.0b801.0m908.0m1.5b

Accounts Receivable

2.0b2.0b1.9b1.7b

Prepaid Expenses

224.0m238.0m234.0m237.0m

Inventories

2.8b2.9b2.9b2.2b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

837.0m975.0m896.0m860.0m917.0m868.0m971.0m1.0b1.1b

Accounts Receivable

2.5b2.4b2.7b2.4b2.5b2.7b2.0b1.7b2.3b

Prepaid Expenses

247.0m265.0m249.0m246.0m300.0m280.0m258.0m206.0m235.0m

Inventories

2.9b2.9b2.9b2.9b3.1b3.0b2.9b2.5b2.2b
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

365.0m708.0m(297.0m)(1.2b)

Depreciation and Amortization

781.0m780.0m797.0m861.0m

Inventories

(44.0m)(171.0m)6.0m713.0m

Accounts Payable

85.0m223.0m5.0m26.0m
USDFY, 2017

Revenue/Employee

240.3k

Debt/Equity

1.2 x

Debt/Assets

0.3 x

Financial Leverage

3.5 x
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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
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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 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 Cybersecurity Score

Cybersecurity ratingPremium dataset

B

82/100

SecurityScorecard logo

Goodyear Online and Social Media Presence

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Goodyear Company Culture

  • Overall Culture

    D

    57/100

  • CEO Rating

    D-

    55/100

  • Compensation

    B-

    67/100

  • Diversity

    D

    55/100

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Goodyear News and Updates

Goodyear shares jump 5% premarket after tire maker swings to profit and tops sales estimates

Goodyear Tire & Rubber Co. shares jumped 5% in premarket trade Tuesday, after the company's fourth-quarter earnings beat profit estimates by a wide margin. The company swung to a profit of $63 million, or 27 cents a share, for the quarter, after a loss of $392 million, or $1.68 a share, in the …

Goodyear Reports Fourth Quarter, Full-Year 2020 Results

AKRON, Ohio, Feb. 9, 2021 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) today reported results for the fourth quarter and full year of 2020. "We delivered strong performance to end a challenging year," said Richard J. Kramer, chairman, chief executive officer and...

Is Goodyear Tire & Rubber Stock Overvalued?

Having gained more than 117% since the March bottom, Goodyear Tire & Rubber’s stock seems to have moderate upside potential in near term. Our conclusion is based on a detailed comparison of GT’s performance against the S&P 500 now, as well as, during the 2008 downturn in our interactive dash…

Goodyear, U.S. Marine Corps Reserve To Host 10th Annual Toys For Tots Events

AKRON, Ohio, Nov. 24, 2020 /PRNewswire/ -- Goodyear and the U.S. Marine Corps Reserve are partnering for the tenth consecutive year in support of the Marine Toys for Tots Foundation at the company's airship bases in Florida and Ohio. The Goodyear Blimp events will provide the public with...

Tire Black Friday Deals 2020: Early Goodyear, BFGoodrich & Firestone Sales Monitored by Consumer Articles

Save on tire deals at the early Black Friday 2020 sale, together with Discount Tire, Rubber Master, Continental & more savings

Analysis of Key Players in the South East Asia Rubber Market: Bridgestone, Michelin, Goodyear, Continental, Sumitomo Rubber Industries, Thai Rubber Latex (Thaitex) and Fenner

DUBLIN, Nov. 19, 2020 /PRNewswire/ -- The "Assessment of the South East Asia Rubber Market 2019" report has been added to ResearchAndMarkets.com's offering. The rubber industry includes natural rubber which is obtained from the latex of various plants and synthetic rubber which is a...
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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 $12.3 b.

  • What is Goodyear revenue per employee?

    Latest Goodyear revenue per employee is $195.6 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, Beaumont, Fayetteville, Fort Smith and in 59 other locations.

  • How many offices does Goodyear have?

    Goodyear has 64 offices.