Goodyear Net Income from 2010 to 2024

GT Stock  USD 10.61  0.51  5.05%   
Goodyear Tire Net Loss yearly trend continues to be comparatively stable with very little volatility. Net Loss is likely to outpace its year average in 2024. From the period from 2010 to 2024, Goodyear Tire Net Loss quarterly data regression had r-value of (0.48) and coefficient of variation of  277.23. View All Fundamentals
 
Net Loss  
First Reported
1989-09-30
Previous Quarter
85 M
Current Value
-34 M
Quarterly Volatility
334.6 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Goodyear Tire financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Goodyear Tire's main balance sheet or income statement drivers, such as Depreciation And Amortization of 588.2 M, Interest Expense of 558.6 M or Total Revenue of 16.7 B, as well as many indicators such as Price To Sales Ratio of 0.34, Dividend Yield of 0.0282 or PTB Ratio of 0.84. Goodyear financial statements analysis is a perfect complement when working with Goodyear Tire Valuation or Volatility modules.
  
Check out the analysis of Goodyear Tire Correlation against competitors.

Latest Goodyear Tire's Net Income Growth Pattern

Below is the plot of the Net Income of Goodyear Tire Rubber over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Goodyear Tire Rubber financial statement analysis. It represents the amount of money remaining after all of Goodyear Tire Rubber operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Goodyear Tire's Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Goodyear Tire's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported (687 M)10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Goodyear Net Income Regression Statistics

Arithmetic Mean315,590,000
Geometric Mean545,011,732
Coefficient Of Variation277.23
Mean Deviation583,824,000
Median343,000,000
Standard Deviation874,925,782
Sample Variance765495.1T
Range3.7B
R-Value(0.48)
Mean Square Error637869.2T
R-Squared0.23
Significance0.07
Slope(93,055,893)
Total Sum of Squares10716931.7T

Goodyear Net Income History

2024-654.5 M
2023-689 M
2022202 M
2021764 M
2020-1.2 B
2019-297 M
2018693 M

Other Fundumenentals of Goodyear Tire Rubber

Goodyear Tire Net Income component correlations

About Goodyear Tire Financial Statements

Goodyear Tire shareholders use historical fundamental indicators, such as Net Income, to determine how well the company is positioned to perform in the future. Although Goodyear Tire investors may analyze each financial statement separately, they are all interrelated. The changes in Goodyear Tire's assets and liabilities, for example, are also reflected in the revenues and expenses on on Goodyear Tire's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Net Loss-687 M-652.6 M
Net Income Applicable To Common Shares232.3 M380.3 M
Net Loss-496 M-471.2 M
Net Loss(2.42)(2.30)
Net Income Per E B T 1.02  0.97 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Goodyear Stock Analysis

When running Goodyear Tire's price analysis, check to measure Goodyear Tire's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Goodyear Tire is operating at the current time. Most of Goodyear Tire's value examination focuses on studying past and present price action to predict the probability of Goodyear Tire's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goodyear Tire's price. Additionally, you may evaluate how the addition of Goodyear Tire to your portfolios can decrease your overall portfolio volatility.