Goodyear Tire Rubber Stock Today

GT Stock  USD 9.54  0.25  2.55%   

Performance

Very Weak

 
Weak
 
Strong

Odds Of Distress

Low

 
High
 
Low
Goodyear Tire is selling for under 9.54 as of the 25th of February 2025; that is 2.55% down since the beginning of the trading day. The stock's last reported lowest price was 9.53. Goodyear Tire has only a 7 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 27th of November 2024 and ending today, the 25th of February 2025. Click here to learn more.
Business Domain
Automobiles & Components
IPO Date
2nd of January 1970
Category
Consumer Cyclical
Classification
Consumer Discretionary
The Goodyear Tire Rubber Company, together with its subsidiaries, develops, manufactures, distributes, and sells tires and related products and services worldwide. The Goodyear Tire Rubber Company was incorporated in 1898 and is headquartered in Akron, Ohio. The company has 284.97 M outstanding shares of which 19.03 M shares are currently sold short in the market by investors with about 4.29 days to cover all shorted shares. More on Goodyear Tire Rubber

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Follow Valuation Options Odds of Bankruptcy
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Goodyear Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO PresidentMark Stewart
Thematic IdeaAutomobiles and Trucks (View all Themes)
Old NameGoodyear Tire & Rubber Co
Business ConcentrationAutomobile Components, Automobiles & Components, Consumer Discretionary, SP Midcap 400, Nasdaq Benchmark Consumer, NASDAQ Composite, NASDAQ Composite Total, Automobiles and Trucks, Consumer Discretionary, Automobile Components, Auto Parts, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.240.9005
Significantly Up
Slightly volatile
Gross Profit Margin0.250.2
Fairly Up
Pretty Stable
Net Debt8.4 BB
Sufficiently Up
Slightly volatile
Total Current Liabilities4.6 B7.3 B
Way Down
Slightly volatile
Non Current Liabilities Total7.6 B8.7 B
Fairly Down
Pretty Stable
Total Assets15.4 B21 B
Way Down
Slightly volatile
Total Current Assets6.6 B7.6 B
Fairly Down
Very volatile
Total Cash From Operating Activities844.8 M698 M
Fairly Up
Very volatile
Debt Levels
Goodyear Tire can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Goodyear Tire's financial leverage. It provides some insight into what part of Goodyear Tire's total assets is financed by creditors.
Liquidity
Goodyear Tire Rubber reports 8.79 B of total liabilities with total debt to equity ratio (D/E) of 1.77, which is normal for its line of buisiness. Goodyear Tire Rubber has a current ratio of 1.26, indicating that it is not liquid enough and may have problems paying out its debt commitments in time. Note however, debt could still be an excellent tool for Goodyear to invest in growth at high rates of return.

Dividends Paid

13.15 Billion
Goodyear Tire Rubber (GT) is traded on NASDAQ Exchange in USA. It is located in 200 Innovation Way, Akron, OH, United States, 44316-0001 and employs 68,000 people. Goodyear Tire is listed under Automobile Components category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a market capitalization of 2.79 B. Goodyear Tire Rubber is active under Automobile Components sector as part of Consumer Discretionary industry. The entity has 284.97 M outstanding shares of which 19.03 M shares are currently sold short in the market by investors with about 4.29 days to cover all shorted shares. Goodyear Tire Rubber reports about 1.25 B in cash with 698 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.41.
Check Goodyear Tire Probability Of Bankruptcy
Ownership Allocation
Goodyear Tire Rubber has a total of 284.97 Million outstanding shares. The majority of Goodyear Tire Rubber outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Goodyear Tire to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Goodyear Tire Rubber. Please pay attention to any change in the institutional holdings of Goodyear Tire Rubber as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Goodyear Ownership Details

Goodyear Stock Institutional Holders

InstituionRecorded OnShares
Norges Bank2024-12-31
4.4 M
Ubs Group Ag2024-12-31
M
Segall Bryant & Hamill2024-12-31
M
Northern Trust Corp2024-12-31
3.9 M
Newport Trust Co.2024-12-31
3.9 M
Charles Schwab Investment Management Inc2024-12-31
3.7 M
Nuveen Asset Management, Llc2024-09-30
2.3 M
Amvescap Plc.2024-12-31
2.3 M
Jane Street Group Llc2024-12-31
2.1 M
Blackrock Inc2024-12-31
36.7 M
Vanguard Group Inc2024-12-31
28.3 M
View Goodyear Tire Diagnostics

Goodyear Tire Historical Income Statement

At this time, Goodyear Tire's Tax Provision is comparatively stable compared to the past year. Interest Income is likely to gain to about 67.4 M in 2025, whereas Other Operating Expenses is likely to drop slightly above 2.6 B in 2025. View More Fundamentals

Goodyear Stock Against Markets

Goodyear Tire Corporate Executives

Elected by the shareholders, the Goodyear Tire's board of directors comprises two types of representatives: Goodyear Tire inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Goodyear. The board's role is to monitor Goodyear Tire's management team and ensure that shareholders' interests are well served. Goodyear Tire's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Goodyear Tire's outside directors are responsible for providing unbiased perspectives on the board's policies.

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.