Goodyear Operating Income from 2010 to 2024

GT Stock  USD 10.74  0.13  1.23%   
Goodyear Tire Operating Income yearly trend continues to be comparatively stable with very little volatility. Operating Income will likely drop to about 69.3 M in 2024. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit Goodyear Tire Rubber generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
1985-09-30
Previous Quarter
217 M
Current Value
280 M
Quarterly Volatility
1.3 B
 
Black Monday
 
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 Operating Income Growth Pattern

Below is the plot of the Operating Income of Goodyear Tire Rubber over the last few years. Operating Income is the amount of profit realized from Goodyear Tire Rubber operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Goodyear Tire Rubber is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Goodyear Tire's Operating Income 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.
Operating Income10 Years Trend
Slightly volatile
   Operating Income   
       Timeline  

Goodyear Operating Income Regression Statistics

Arithmetic Mean926,650,000
Coefficient Of Variation66.95
Mean Deviation487,886,667
Median1,021,000,000
Standard Deviation620,356,018
Sample Variance384841.6T
Range2.1B
R-Value(0.49)
Mean Square Error313661.6T
R-Squared0.24
Significance0.06
Slope(68,404,821)
Total Sum of Squares5387782.2T

Goodyear Operating Income History

202469.3 M
202373 M
2022883 M
2021993 M
2020-327 M
2019722 M
20181.2 B

Other Fundumenentals of Goodyear Tire Rubber

Goodyear Tire Operating Income component correlations

0.260.660.290.80.910.740.560.950.320.050.930.580.810.540.280.420.720.270.40.410.390.52-0.020.52
0.260.560.94-0.26-0.18-0.40.650.160.36-0.50.260.250.50.020.620.710.34-0.050.780.770.730.390.00.37
0.660.560.540.380.430.190.810.590.7-0.290.730.550.810.360.680.860.72-0.130.660.720.770.71-0.330.83
0.290.940.54-0.26-0.11-0.380.690.160.14-0.50.240.050.47-0.10.670.680.19-0.270.860.840.80.19-0.070.19
0.8-0.260.38-0.260.920.940.180.840.270.420.720.560.50.57-0.040.120.560.3-0.04-0.020.010.480.060.44
0.91-0.180.43-0.110.920.920.290.90.170.270.830.480.60.540.020.110.590.30.060.080.070.35-0.020.36
0.74-0.40.19-0.380.940.92-0.020.770.080.480.670.460.330.61-0.22-0.070.440.38-0.25-0.23-0.220.310.20.24
0.560.650.810.690.180.29-0.020.540.5-0.160.460.350.790.130.770.650.46-0.210.840.870.90.45-0.450.6
0.950.160.590.160.840.90.770.540.410.190.860.670.790.650.290.290.720.340.30.320.290.580.040.57
0.320.360.70.140.270.170.080.50.41-0.140.440.820.610.470.470.530.70.230.220.30.370.91-0.160.97
0.05-0.5-0.29-0.50.420.270.48-0.160.19-0.14-0.120.0-0.250.15-0.3-0.37-0.20.09-0.36-0.36-0.34-0.090.1-0.13
0.930.260.730.240.720.830.670.460.860.44-0.120.610.80.60.280.510.860.30.30.330.30.59-0.030.62
0.580.250.550.050.560.480.460.350.670.820.00.610.60.70.280.270.670.510.070.110.180.920.20.82
0.810.50.810.470.50.60.330.790.790.61-0.250.80.60.350.60.60.860.110.560.60.610.63-0.340.73
0.540.020.36-0.10.570.540.610.130.650.470.150.60.70.350.010.20.520.5-0.07-0.04-0.070.640.520.52
0.280.620.680.67-0.040.02-0.220.770.290.47-0.30.280.280.60.010.580.34-0.490.70.690.730.37-0.330.5
0.420.710.860.680.120.11-0.070.650.290.53-0.370.510.270.60.20.580.57-0.240.710.750.770.57-0.20.63
0.720.340.720.190.560.590.440.460.720.7-0.20.860.670.860.520.340.570.360.240.290.280.74-0.170.79
0.27-0.05-0.13-0.270.30.30.38-0.210.340.230.090.30.510.110.5-0.49-0.240.36-0.36-0.34-0.410.340.40.19
0.40.780.660.86-0.040.06-0.250.840.30.22-0.360.30.070.56-0.070.70.710.24-0.360.990.930.24-0.250.32
0.410.770.720.84-0.020.08-0.230.870.320.3-0.360.330.110.6-0.040.690.750.29-0.340.990.950.3-0.290.4
0.390.730.770.80.010.07-0.220.90.290.37-0.340.30.180.61-0.070.730.770.28-0.410.930.950.36-0.40.47
0.520.390.710.190.480.350.310.450.580.91-0.090.590.920.630.640.370.570.740.340.240.30.360.130.93
-0.020.0-0.33-0.070.06-0.020.2-0.450.04-0.160.1-0.030.2-0.340.52-0.33-0.2-0.170.4-0.25-0.29-0.40.13-0.2
0.520.370.830.190.440.360.240.60.570.97-0.130.620.820.730.520.50.630.790.190.320.40.470.93-0.2
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About Goodyear Tire Financial Statements

Goodyear Tire shareholders use historical fundamental indicators, such as Operating 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
Operating Income73 M69.3 M
Non Operating Income Net Other-86.2 M-90.6 M

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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.