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GT

GT - Goodyear Tire & Rubber Co-The Stock Price, Fair Value and News

12.67USD+0.25 (+2.01%)Market Closed

Market Summary

GT
USD12.67+0.25
Market Closed
2.01%

GT Alerts

  • Big jump in Earnings (Y/Y)
  • Losses in recent quarter

GT Stock Price

View Fullscreen

GT RSI Chart

GT Valuation

Market Cap

3.6B

Price/Earnings (Trailing)

-5.58

Price/Sales (Trailing)

0.18

EV/EBITDA

10.83

Price/Free Cashflow

12.93

GT Price/Sales (Trailing)

GT Profitability

EBT Margin

-3.20%

Return on Equity

-13.46%

Return on Assets

-2.94%

Free Cashflow Yield

7.73%

GT Fundamentals

GT Revenue

Revenue (TTM)

19.7B

Rev. Growth (Yr)

-8.18%

Rev. Growth (Qtr)

-11.32%

GT Earnings

Earnings (TTM)

-646.0M

Earnings Growth (Yr)

42.42%

Earnings Growth (Qtr)

80.48%

Breaking Down GT Revenue

Last 7 days

6.2%

Last 30 days

-3.5%

Last 90 days

-6.9%

Trailing 12 Months

9.0%

How does GT drawdown profile look like?

GT Financial Health

Current Ratio

1.15

Debt/Equity

1.56

Debt/Cashflow

0.18

GT Investor Care

Shares Dilution (1Y)

0.44%

Diluted EPS (TTM)

-2.27

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202419.7B000
202320.8B20.5B20.3B20.1B
202218.9B20.1B20.5B20.8B
202112.8B14.6B16.1B17.5B
202014.2B12.7B12.4B12.3B
201915.2B15.0B14.9B14.7B
201815.5B15.7B15.7B15.5B
201715.2B15.0B15.0B15.4B
201616.1B15.8B15.5B15.2B
201517.7B17.2B16.7B16.4B
201419.2B18.9B18.6B18.1B
201320.3B20.1B19.8B19.5B
201222.9B22.4B21.6B21.0B
201120.0B21.1B22.2B22.8B
201017.0B17.6B18.2B18.8B
2009018.4B17.4B16.3B
200800019.5B
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Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks
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Tracking the Latest Insider Buys and Sells of Goodyear Tire & Rubber Co-The

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 24, 2024
madarang nathaniel
sold (taxes)
-92,101
13.09
-7,036
president, asia pacific
Mar 24, 2024
madarang nathaniel
acquired
-
-
15,634
president, asia pacific
Feb 28, 2024
wells darren r
acquired
1,095,350
10.12
108,236
evp & chief admin. officer
Feb 28, 2024
wells darren r
sold
-100,579
11.8203
-8,509
evp & chief admin. officer
Feb 28, 2024
wells darren r
sold (taxes)
-1,178,800
11.8203
-99,727
evp & chief admin. officer
Feb 27, 2024
wells darren r
sold (taxes)
-23,206
12.0054
-1,933
evp & chief admin. officer
Feb 27, 2024
wells darren r
sold
-2,845
12.0054
-237
evp & chief admin. officer
Feb 27, 2024
wells darren r
acquired
21,960
10.12
2,170
evp & chief admin. officer
Feb 26, 2024
vanderlind gary
acquired
-
-
16,508
sr vp & chief human res. ofcr.
Feb 26, 2024
mcclellan stephen r
acquired
-
-
48,185
president, americas

1–10 of 50

Which funds bought or sold GT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 07, 2024
Inspire Investing, LLC
reduced
-2.56
-28,590
406,496
0.04%
May 07, 2024
SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC
sold off
-100
-3,846,300
-
-%
May 07, 2024
SUSQUEHANNA INTERNATIONAL GROUP, LLP
reduced
-2.00
-707,980
11,021,300
-%
May 07, 2024
Susquehanna Portfolio Strategies, LLC
reduced
-92.57
-2,934,450
225,172
-%
May 07, 2024
ASSETMARK, INC
new
-
14.00
14.00
-%
May 07, 2024
Swiss National Bank
unchanged
-
-329,609
7,670,370
-%
May 07, 2024
Arizona State Retirement System
reduced
-1.66
-64,850
1,069,920
0.01%
May 07, 2024
SEI INVESTMENTS CO
reduced
-5.81
-413,077
3,846,920
0.01%
May 07, 2024
Legacy Capital Group California, Inc.
added
1.85
-3,783
157,346
0.06%
May 07, 2024
NEW YORK STATE COMMON RETIREMENT FUND
added
16.15
270,000
2,647,000
-%

1–10 of 46

Are Funds Buying or Selling GT?

Are funds buying GT calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own GT
No. of Funds

Unveiling Goodyear Tire & Rubber Co-The's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
alliancebernstein l.p.
3.3%
9,429,043
SC 13G/A
Feb 13, 2024
vanguard group inc
10.26%
29,095,385
SC 13G/A
Feb 09, 2024
dimensional fund advisors lp
5.8%
16,501,512
SC 13G/A
Feb 08, 2024
wellington management group llp
5.28%
14,978,975
SC 13G
Jan 23, 2024
blackrock inc.
12.7%
35,959,736
SC 13G/A
Feb 14, 2023
alliancebernstein l.p.
6.4%
17,999,772
SC 13G/A
Feb 10, 2023
dimensional fund advisors lp
5.3%
15,106,478
SC 13G
Feb 09, 2023
vanguard group inc
10.16%
28,724,606
SC 13G/A
Jan 26, 2023
blackrock inc.
12.3%
34,713,271
SC 13G/A
Jan 20, 2023
blackrock inc.
12.3%
34,713,271
SC 13G/A

Recent SEC filings of Goodyear Tire & Rubber Co-The

View All Filings
Date Filed Form Type Document
May 07, 2024
10-Q
Quarterly Report
May 06, 2024
8-K
Current Report
Apr 23, 2024
3
Insider Trading
Apr 23, 2024
4
Insider Trading
Apr 12, 2024
8-K
Current Report
Apr 10, 2024
4
Insider Trading
Apr 10, 2024
4
Insider Trading
Apr 10, 2024
4
Insider Trading
Apr 10, 2024
4
Insider Trading
Apr 10, 2024
4
Insider Trading

Peers (Alternatives to Goodyear Tire & Rubber Co-The)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
557.4B
94.7B
1.04% 3.33%
40.95
5.88
10.12% 15.85%
52.0B
174.9B
1.62% 35.40%
4.87
0.3
8.79% 13.26%
48.4B
177.5B
-9.32% 2.53%
12.3
0.27
7.54% 33.01%
22.6B
20.1B
9.33% -10.92%
7.56
1.12
11.06% 348.88%
11.1B
26.5B
-15.14% -3.05%
23.1
0.42
-10.61% -1.15%
MID-CAP
8.5B
14.4B
6.77% -15.73%
13.92
0.59
5.28% -36.11%
6.6B
3.1B
-8.16% 57.48%
9.87
2.15
8.82% 17.48%
4.5B
15.4B
-1.32% 9.79%
7.88
0.29
2.10% -39.62%
3.6B
19.7B
-3.50% 9.04%
-5.58
0.18
-5.64% -9328.57%
2.6B
15.2B
-8.26% -19.29%
16.23
0.17
3.04% 1216.67%
SMALL-CAP
1.2B
1.3B
1.46% 101.56%
15.13
0.96
26.17% 337.87%
916.9M
6.2B
5.69% 10.33%
-114.61
0.15
5.67% -113.75%
106.6M
576.4M
-5.61% -21.82%
2.83
0.18
8.84% 77.79%
59.8M
13.1M
-9.52% -80.66%
-0.48
4.57
160.69% -5.67%
5.7M
498.9K
-25.81% 125.49%
-0.17
11.51
-83.32% -48.94%

Goodyear Tire & Rubber Co-The News

Latest updates
Defense World20 hours ago
Yahoo Finance4 months ago

Goodyear Tire & Rubber Co-The Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-11.3%4,537,000,0005,116,000,0005,142,000,0004,867,000,0004,941,000,0005,374,000,0005,311,000,0005,212,000,0004,908,000,0005,054,000,0004,934,000,0003,979,000,0003,511,000,0003,656,000,0003,465,000,0002,144,000,0003,056,000,0003,713,000,0003,802,000,0003,632,000,0003,598,000,000
  S&GA Expenses-9.5%696,000,000769,000,000673,000,000708,000,000664,000,000697,000,000696,000,000717,000,000688,000,000750,000,000727,000,000658,000,000564,000,000605,000,000555,000,000451,000,000581,000,000618,000,000572,000,000586,000,000547,000,000
EBITDA Margin11.6%0.050.040.050.060.080.090.100.110.100.100.030.03---------
Interest Expenses-2.3%126,000,000129,000,000138,000,000138,000,000127,000,000120,000,000117,000,000110,000,000104,000,000107,000,000104,000,00097,000,00079,000,00078,000,00088,000,00085,000,00073,000,00079,000,00088,000,00088,000,00085,000,000
Income Taxes150.0%6,000,000-12,000,00025,000,000-2,000,000-1,000,00012,000,00058,000,00082,000,00038,000,0001,500,00053,000,00027,000,00015,000,00060,000,000-13,000,000-186,000,000249,000,000411,000,00031,000,00026,000,0006,000,000
Earnings Before Taxes83.1%-52,000,000-308,000,000-59,000,000-210,000,000-100,000,000-93,000,000106,000,000252,000,000134,000,000195,000,000187,000,00098,000,00033,000,000127,000,000-10,000,000-889,000,000-368,000,00012,000,000121,000,00082,000,000-38,000,000
EBT Margin5.2%-0.03-0.03-0.02-0.010.010.020.030.040.030.03-0.05-0.05---------
Net Income80.5%-57,000,000-292,000,000-89,000,000-208,000,000-99,000,000-104,000,00044,000,000166,000,00096,000,000553,000,000132,000,00067,000,00018,000,00062,000,000-2,000,000-696,000,000-617,000,000-400,500,00088,000,00054,000,000-44,000,000
Net Income Margin4.2%-0.03-0.03-0.02-0.020.000.010.040.050.040.04-0.04-0.04---------
Free Cashflow-177.4%-769,000,000993,000,000-41,000,00096,000,000-1,066,000,000852,000,000-348,000,000-57,000,000-987,000,000749,000,000-212,000,00011,000,000---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets1.9%21,99121,58222,49922,81423,17122,43123,37822,90122,62221,40221,61721,18016,56916,50616,19215,82716,69117,18518,29918,47018,273
  Current Assets5.4%8,0627,6508,6778,8589,2138,6659,9519,2238,5637,3318,1217,5195,9485,6205,6955,4136,1735,9346,8616,7816,492
    Cash Equivalents5.8%9549021,0021,0491,0821,2271,2431,2481,0531,0881,1871,0301,2231,6241,0571,006971974868917860
  Inventory3.6%3,8313,6983,9644,3604,5534,5714,8614,3894,0263,5943,4433,3142,3592,1532,1522,4742,9192,8512,9653,0912,940
  Net PPE-------------------7,0327,1947,196
  Goodwill-0.1%7807811,0101,0181,0191,0149959951,0061,0041,017874395408393383369565550570563
Liabilities2.7%17,19316,74517,33817,54117,74716,96518,12817,55417,30016,21817,11116,76913,28313,24713,15312,81412,99412,64013,26413,42113,242
  Current Liabilities-1.8%7,0207,1476,6946,9406,9847,1407,4597,1216,9456,6126,8936,6035,3335,1064,8934,6265,2665,2875,1735,0815,087
  Short Term Borrowings12.8%388344322539517395541519570406497459390406529712691348486480495
  Long Term Debt9.5%7,4836,8318,0678,0278,2047,2677,8397,5697,4506,6487,1536,9785,3265,4325,7085,6885,2124,7535,5805,7665,545
Shareholder's Equity2.8%4,7984,6684,9935,2735,4245,3005,2505,3475,3225,1844,5064,4113,2863,2593,0393,0133,6974,5455,0355,0495,031
  Retained Earnings-1.1%5,0295,0865,3775,4665,6745,7755,8795,8355,6695,5735,0204,8884,8214,8094,7464,7485,4446,1136,5436,4926,476
  Additional Paid-In Capital0.2%3,1403,1333,1263,1243,1203,1173,1173,1143,1093,1073,0953,0862,1822,1712,1632,1542,1462,1412,1322,1242,114
Accumulated Depreciation0.9%12,58712,47212,14611,85711,64511,37710,95011,04511,23311,13011,13311,19210,93510,99110,57610,29310,32410,48810,45710,49210,285
Shares Outstanding0.4%285284284283283283284284284261254239---------
Minority Interest-3.6%163169168168171166163173177185192199180181179180187194200202223
Float----3,900---3,000---4,800---2,100---3,500-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-136.5%-4511,236230341-7751,148-94.00178-7111,06469.00211-2821,354581-259-5611,34615273.00-364
Cashflow From Investing-6.5%-231-217-173-189-456-266-245-103-300-302-258-2,053-180-152-125-133-257-216-165-175-244
Cashflow From Financing159.7%661-1,107-102-1991,075-925368150982-8463351,676144-752-369385939-1,096-22.00166645
  Dividend Payments-----------------37.0037.0037.0037.0037.00
  Buy Backs----------------------
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GT Income Statement

2024-03-31
Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]  
Net Sales (Note 2)$ 4,537$ 4,941
Cost of Goods Sold3,7154,193
Selling, Administrative and General Expense696664
Rationalizations (Note 3)2232
Interest Expense126127
Other (income) expense (Note 4)3025
Loss before Income Taxes(52)(100)
United States and Foreign Tax Expense (Benefit) (Note 5)6(1)
Net Loss(58)(99)
Less: Minority Shareholders' Net Income (Loss)(1)2
Goodyear Net Loss$ (57)$ (101)
Goodyear Net Loss - Per Share of Common Stock  
Basic$ (0.2)$ (0.35)
Weighted Average Shares Outstanding (Note 6)286285
Diluted$ (0.2)$ (0.35)
Weighted Average Shares Outstanding (Note 6)286285

GT Balance Sheet

2024-03-31
Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Sep. 30, 2023
Dec. 31, 2022
Current Assets:    
Cash and Cash Equivalents$ 893$ 902  
Accounts Receivable, less Allowance - $96 ($102 in 2023)3,0332,731  
Inventories:    
Raw Materials783785  
Work in Process209206  
Finished Products2,8392,707  
Inventories3,8313,698  
Prepaid Expenses and Other Current Assets305319  
Total Current Assets8,0627,650  
Goodwill780781  
Intangible Assets962969  
Deferred Income Taxes (Note 5)1,6611,630  
Other Assets1,0941,075  
Operating Lease Right-of-Use Assets993985  
Property, Plant and Equipment, less Accumulated Depreciation - $12,587 ($12,472 in 2023)8,4398,492  
Total Assets21,99121,582  
Current Liabilities:    
Accounts Payable — Trade4,2234,326  
Compensation and Benefits (Notes 10 and 11)629663  
Other Current Liabilities1,1851,165  
Notes Payable and Overdrafts (Note 8)388344  
Operating Lease Liabilities due Within One Year200200  
Long Term Debt and Finance Leases due Within One Year (Note 8)395449  
Total Current Liabilities7,0207,147  
Operating Lease Liabilities841825  
Long Term Debt and Finance Leases (Note 8)7,4836,831  
Compensation and Benefits (Notes 10 and 11)913974  
Deferred Income Taxes (Note 5)8083  
Other Long Term Liabilities856885  
Total Liabilities17,19316,745  
Commitments and Contingent Liabilities (Note 12)  
Goodyear Shareholders’ Equity:    
Common Stock, no par value: Authorized, 450 million shares, Outstanding shares - 285 million in 2024 (284 million in 2023)285284  
Capital Surplus3,1403,133  
Retained Earnings5,0295,086  
Accumulated Other Comprehensive Loss (Note 14)(3,819)(3,835)  
Goodyear Shareholders’ Equity4,6354,668  
Minority Shareholders’ Equity — Nonredeemable163169  
Total Shareholders’ Equity4,7984,837 $ 5,466
Total Liabilities and Shareholders’ Equity$ 21,991$ 21,582  
GT
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 and mining equipment, farm implements, industrial equipment, and other applications 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 provides retreads truck, aviation, and off-the-road tires; manufactures and sells tread rubber and other tire retreading materials; sells chemical products; and provides automotive and commercial repair services, and miscellaneous other products and services. In addition, it operates approximately 950 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.
 CEO
 WEBSITEgoodyear.com
 INDUSTRYAutos
 EMPLOYEES65535

Goodyear Tire & Rubber Co-The Frequently Asked Questions


What is the ticker symbol for Goodyear Tire & Rubber Co-The? What does GT stand for in stocks?

GT is the stock ticker symbol of Goodyear Tire & Rubber Co-The. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Goodyear Tire & Rubber Co-The (GT)?

As of Wed May 08 2024, market cap of Goodyear Tire & Rubber Co-The is 3.61 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of GT stock?

You can check GT's fair value in chart for subscribers.

What is the fair value of GT stock?

You can check GT's fair value in chart for subscribers. The fair value of Goodyear Tire & Rubber Co-The is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Goodyear Tire & Rubber Co-The is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for GT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Goodyear Tire & Rubber Co-The a good stock to buy?

The fair value guage provides a quick view whether GT is over valued or under valued. Whether Goodyear Tire & Rubber Co-The is cheap or expensive depends on the assumptions which impact Goodyear Tire & Rubber Co-The's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for GT.

What is Goodyear Tire & Rubber Co-The's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, GT's PE ratio (Price to Earnings) is -5.58 and Price to Sales (PS) ratio is 0.18. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. GT PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Goodyear Tire & Rubber Co-The's stock?

In the past 10 years, Goodyear Tire & Rubber Co-The has provided -0.051 (multiply by 100 for percentage) rate of return.