The Goodyear Tire & Rubber Company (GT) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q3 26	-$0.63	-$0.61	+3.2%	—	—	—
Q2 26	-$0.43	-$0.39	+9.3%	—	—	—
Q1 26	$0.49	$0.39	-20.4%	—	—	—
Q4 25	$0.14	$0.28	+100.0%	—	—	—
Q3 25	$0.14	-$0.17	-221.4%	—	—	—
Q2 25	-$0.02	-$0.04	-100.0%	—	—	—
Q1 25	$0.31	$0.39	+25.8%	—	—	—
Q4 24	$0.22	$0.37	+68.2%	—	—	—
Q3 24	$0.14	$0.19	+35.7%	—	—	—
Q2 24	-$0.01	$0.1	+1100.0%	—	—	—
Q1 24	$0.36	$0.47	+30.6%	—	—	—
Q4 23	$0.19	$0.36	+89.5%	—	—	—
Q3 23	$0.16	-$0.34	-312.5%	—	—	—
Q2 23	-$0.3	-$0.29	+3.3%	—	—	—
Q1 23	$0.06	$0.07	+16.7%	—	—	—
Q4 22	$0.54	$0.4	-25.9%	—	—	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	-$5.99	—	—	$18.3B	—
FY24	—	$0.24	—	—	$18.9B	—
FY23	—	-$2.42	—	—	$20.1B	—
FY22	—	$0.71	—	—	$20.8B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$15.2B	$15.4B	$15.5B	$14.7B	$12.3B	$17.5B	$20.8B	$20.1B	$18.9B	$18.3B
YoY change	-7.81%	+1.44%	+0.64%	-4.72%	-16.4%	+41.9%	+19%	-3.55%	-5.92%	-3.17%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	15.2B	15.4B	15.5B	14.7B	12.3B	17.5B	20.8B	20.1B	18.9B	18.3B
Cost of revenue	10.9B	11.7B	12B	11.6B	10.3B	13.7B	17B	16.6B	15.2B	14.9B
Gross profit	4.2B	3.7B	3.5B	3.1B	2B	3.8B	3.9B	3.5B	3.7B	3.4B
Gross margin	27.9%	24%	22.7%	21.3%	16.1%	21.7%	18.5%	17.5%	19.6%	18.4%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	2.4B	2.3B	2.3B	2.3B	2.2B	2.7B	2.8B	2.8B	2.8B	2.7B
Operating expenses	2.6B	2.4B	2.4B	2.5B	2.2B	2.7B	2.8B	2.8B	2.8B	2.7B
Operating income	1.8B	1.4B	1.2B	820M	-208M	1.1B	1.1B	695M	920M	652M
Operating margin	12%	9.22%	7.77%	5.56%	-1.69%	6.22%	5.07%	3.46%	4.87%	3.57%
Non-operating income, net	-167M	-163M	112M	-295M	-596M	-220M	-198M	-865M	-235M	-316M
Pretax income	1.2B	878M	1B	177M	-1.1B	513M	399M	-677M	155M	-133M
Income tax	-77M	513M	303M	474M	110M	-267M	190M	10M	95M	1.6B
Net income	1.3B	365M	708M	-297M	-1.3B	780M	209M	-687M	60M	-1.7B
Net margin	8.47%	2.37%	4.58%	-2.01%	-10.1%	4.46%	1%	-3.42%	0.32%	-9.3%
EBITDA	2.5B	2.1B	2.1B	1.5B	525M	1.9B	1.8B	1.6B	1.9B	1.4B
EPS	4.81	1.39	2.92	-1.33	-5.35	2.92	0.71	-2.42	0.24	-5.99
Diluted EPS	4.74	1.37	2.89	-1.33	-5.35	2.89	0.71	-2.42	0.24	-5.99

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	5.1B	5.1B	4.5B	4.6B	4.8B	4.9B	4.3B	4.5B	4.6B	4.9B	3.9B	4.3B
Cost of revenue	4.2B	4.1B	3.7B	3.6B	3.9B	4B	3.5B	3.7B	3.8B	3.9B	3.2B	3.6B
Gross profit	971M	1B	822M	948M	943M	989M	740M	760M	844M	1B	693M	681M
Gross margin	18.9%	20.4%	18.1%	20.7%	19.5%	20%	17.4%	17%	18.2%	20.9%	17.9%	16%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	673M	769M	719M	731M	663M	692M	650M	692M	676M	701M	668M	703M
Operating expenses	673M	769M	719M	731M	663M	692M	650M	692M	676M	701M	668M	703M
Operating income	298M	277M	103M	217M	280M	297M	90M	68M	168M	326M	25M	-22M
Operating margin	5.8%	5.41%	2.27%	4.75%	5.8%	6%	2.12%	1.52%	3.62%	6.63%	0.64%	-0.52%
Non-operating income, net	-225M	-470M	-29M	57M	-168M	-72M	161M	357M	-784M	-50M	-102M	-31M
Pretax income	-59M	-308M	-52M	140M	-25M	92M	131M	305M	-733M	164M	-180M	-161M
Income tax	25M	-12M	6M	60M	9M	20M	13M	24M	1.5B	66M	66M	46M
Net income	-84M	-296M	-58M	80M	-34M	72M	118M	281M	-2.2B	98M	-246M	-207M
Net margin	-1.63%	-5.79%	-1.28%	1.75%	-0.7%	1.46%	2.77%	6.29%	-47.3%	1.99%	-6.34%	-4.87%
EBITDA	513M	514M	383M	451M	499M	520M	331M	321M	352M	419M	248M	198M
EPS	-0.31	—	-0.2	0.3	-0.12	0.27	0.4	0.88	-7.62	0.36	-0.86	-0.71
Diluted EPS	-0.31	—	-0.2	0.3	-0.12	0.26	0.4	0.87	-7.62	0.36	-0.86	-0.71

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	8.1B	8B	4.8B	3.6B	2.6B	—	2.9B	4.1B	2.6B	2.5B	1.4B
Enterprise value	12.5B	12.7B	9.8B	9.2B	7.9B	—	10.6B	11.8B	10.6B	9B	9B
Shares outstanding	263M	249M	237M	233M	234M	261M	284M	285M	287M	288M	288M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	6.32	22	6.83	—	—	—	13.8	—	43	—	5.47
P/S	0.54	0.52	0.31	0.25	0.21	—	0.14	0.2	0.14	0.14	0.08
P/B	1.72	1.66	0.95	0.8	0.78	—	0.53	0.84	0.53	0.74	0.51
EV/EBITDA	5.04	6.04	4.59	6.25	15	—	5.76	7.53	5.7	6.31	9.15
EV/Sales	0.82	0.83	0.63	0.63	0.64	—	0.51	0.59	0.56	0.49	0.51
Earnings yield	15.8%	4.54%	14.6%	—	—	—	7.25%	—	2.32%	—	18.3%
FCF yield	6.91%	3.44%	2.17%	12.1%	18.3%	—	-18.7%	-0.44%	-19%	-1.19%	34.4%
PEG	—	—	—	—	—	—	—	—	—	—	-0.03

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	27.9%	24%	22.7%	21.3%	16.1%	21.7%	18.5%	17.5%	19.6%	18.4%	16%
Operating margin	12%	9.22%	7.77%	5.56%	-1.69%	6.22%	5.07%	3.46%	4.87%	3.57%	-0.96%
Net margin	8.47%	2.37%	4.58%	-2.01%	-10.1%	4.46%	1%	-3.42%	0.32%	-9.3%	-14.4%
ROE	27.2%	7.53%	14%	-6.53%	-38.4%	15%	3.82%	-14.2%	1.22%	-50%	-61.5%
ROA	7.78%	2.14%	4.2%	-1.73%	-7.57%	3.64%	0.93%	-3.18%	0.29%	-9.34%	0.51%
ROIC	20%	6.18%	8.39%	0%	-2.42%	8.68%	4.2%	5.52%	2.76%	6.61%	4.8%
Return on tangible assets	8.46%	2.34%	4.58%	-1.88%	-8.11%	4.5%	1.14%	-3.8%	0.34%	-10.1%	-14.8%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.19	1.21	1.24	1.12	1.1	1.11	1.21	1.07	1.04	1.06	1.09
Quick ratio	0.64	0.66	0.64	0.58	0.68	0.57	0.57	0.55	0.55	0.54	0.55
Debt / equity	1.16	1.18	1.14	1.44	2.11	1.62	1.63	1.79	1.79	2.13	2.74
Debt / assets	0.33	0.34	0.34	0.38	0.42	0.39	0.4	0.4	0.42	0.4	0.44
Net debt / EBITDA	1.76	2.22	2.32	3.8	10.2	3.81	4.19	4.93	4.3	4.54	6.04
Interest coverage	4.24	3.62	4.15	1.52	-2.52	2.33	1.88	-0.27	1.3	0.7	-1.18
Effective tax rate	0%	58.4%	30%	100%	0%	0%	47.6%	0%	61.3%	0%	0%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	57.6	61.8	65.3	63.3	52.7	67	73.3	70.4	65.8	63.5	61.2
EPS (basic)	4.81	1.39	2.92	-1.33	-5.35	2.92	0.71	-2.42	0.24	-5.99	-5.99
EPS (diluted)	4.74	1.37	2.89	-1.33	-5.35	2.89	0.71	-2.42	0.24	-5.99	-8.84
Book value per share	18	19.5	21.4	19.5	13.9	19.9	19.2	17	17.1	11.8	9.87
FCF per share	2.13	1.11	0.44	1.88	2	0.31	-1.9	-0.06	-1.71	-0.1	0.66
Cash per share	4.3	4.19	3.38	3.9	6.58	4.17	4.32	3.16	2.82	2.78	2.99
Capex per share	—	—	—	—	—	0	0.38	0.35	0.06	2.87	2.43

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	—	—	—	—	—	0%	0.52%	0.49%	0.08%	4.52%	3.97%
Capex / operating cash flow	—	—	—	—	—	0%	20.8%	11.4%	2.48%	103.8%	78.5%
Payout ratio	6.39%	30.1%	19.5%	-49.8%	-2.96%	0%	0%	—	—	—	0%
Dividend yield	1.01%	1.37%	2.85%	4.08%	1.45%	—	0%	—	—	—	12.7%

Yield

12.7%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.16

ex-dividend Jan 31, 2020

Payout ratio

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Jan 31, 2020	$0.16
Oct 31, 2019	$0.16
Jul 31, 2019	$0.16

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$5.1B	$5.1B	$4.5B	$4.6B	$4.8B	$4.9B	$4.3B	$4.5B	$4.6B	$4.9B	$3.9B	$4.3B
YoY change	-3.18%	-4.8%	-8.18%	-6.1%	-6.18%	-3.3%	-6.26%	-2.3%	-3.71%	-0.61%	-8.75%	-4.82%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	1.1B	1B	801M	908M	1.5B	1.1B	1.2B	902M	810M	801M
Receivables	1.8B	2B	2B	1.9B	1.7B	2.4B	2.6B	2.7B	2.5B	2.3B
Inventory	2.6B	2.8B	2.9B	2.9B	2.2B	3.6B	4.6B	3.7B	3.6B	3.6B
Total current assets	5.7B	6.1B	5.9B	5.9B	5.6B	7.3B	8.7B	7.7B	7.6B	7.2B
Property, plant & equipment	4.7B	4.8B	4.7B	5.6B	5.5B	6.4B	6.4B	6.4B	6.1B	5.9B
Goodwill & intangibles	1.3B	1.5B	1.4B	1.4B	1.1B	4.1B	4B	3.5B	3.1B	1.4B
Total assets	16.5B	17.1B	16.9B	17.2B	16.5B	21.4B	22.4B	21.6B	21B	18.2B
Accounts payable	2.6B	2.8B	2.9B	2.9B	2.9B	4.1B	4.8B	4.3B	4.1B	3.9B
Short-term debt	681M	653M	653M	1.1B	756M	953M	822M	993M	1.6B	1.1B
Total current liabilities	4.8B	5B	4.8B	5.3B	5.1B	6.6B	7.1B	7.1B	7.3B	6.8B
Long-term debt	4.8B	5.1B	5.1B	5.4B	6.1B	7.5B	8.1B	7.7B	7.2B	6.2B
Total liabilities	11.8B	12.2B	11.8B	12.6B	13.2B	16.2B	17B	16.7B	16.1B	14.8B
Shareholders' equity	4.7B	4.8B	5.1B	4.5B	3.3B	5.2B	5.5B	4.8B	4.9B	3.4B
Total debt	5.5B	5.7B	5.8B	6.5B	6.9B	8.4B	8.9B	8.6B	8.8B	7.3B
Net debt	4.3B	4.7B	5B	5.6B	5.3B	7.3B	7.7B	7.7B	8B	6.5B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	1B	902M	893M	789M	905M	810M	902M	785M	810M	801M	723M	861M
Receivables	3.4B	2.7B	3B	3B	3.4B	2.5B	2.9B	3B	3.2B	2.3B	2.6B	2.7B
Inventory	4B	3.7B	3.8B	4B	3.8B	3.6B	3.9B	4B	4B	3.6B	3.9B	3.9B
Total current assets	8.7B	7.7B	8.1B	8.2B	8.9B	7.6B	8.4B	8.9B	9B	7.2B	7.6B	7.9B
Property, plant & equipment	9.2B	6.4B	9.4B	9.4B	9.3B	6.1B	9.1B	9.1B	9B	5.9B	8.7B	8.6B
Goodwill & intangibles	4B	3.5B	3.5B	3.5B	3.1B	3.1B	2.9B	2.8B	1.4B	1.4B	1.4B	1.4B
Total assets	22.5B	21.6B	22B	22B	22.5B	21B	21.7B	22.3B	20.2B	18.2B	18.5B	18.6B
Accounts payable	4.1B	4.3B	4.2B	4.2B	4B	4.1B	4.1B	4B	3.9B	3.9B	3.8B	3.9B
Short-term debt	799M	993M	983M	1.8B	1.8B	1.6B	935M	1.5B	996M	1.1B	1.9B	1.6B
Total current liabilities	6.7B	7.1B	7B	7.7B	7.8B	7.3B	6.9B	7.7B	7.1B	6.8B	7.4B	7.3B
Long-term debt	8.9B	7.7B	8.3B	7.7B	8.3B	7.2B	8.1B	7.5B	8.2B	6.2B	6.1B	6.6B
Total liabilities	17.3B	16.7B	17.2B	17.2B	17.6B	16.1B	16.6B	17B	17B	14.8B	15.3B	15.6B
Shareholders' equity	5.2B	4.8B	4.8B	4.9B	4.9B	4.9B	5.1B	5.3B	3.2B	3.4B	3.2B	3B
Total debt	9.7B	8.6B	9.3B	9.5B	10.1B	8.8B	9B	9B	9.2B	7.3B	8B	8.2B
Net debt	8.7B	7.7B	8.4B	8.7B	9.2B	8B	8.1B	8.2B	8.4B	6.5B	7.3B	7.4B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	1.3B	365M	708M	-297M	-1.3B	780M	209M	-687M	60M	-1.7B
Depreciation & amortization	727M	781M	778M	795M	859M	883M	964M	1B	1B	1B
Stock-based compensation	—	—	—	—	—	—	—	—	—	—
Change in working capital	-275M	-271M	-261M	289M	1.2B	-113M	-693M	394M	-206M	305M
Operating cash flow	1.6B	1.2B	895M	1.2B	765M	1B	519M	866M	645M	796M
Capital expenditure	—	—	—	—	—	0	108M	99M	16M	-826M
Investing cash flow	17M	2M	-56M	-30M	-20M	-1.8B	147M	15M	183M	997M
Dividends paid	-82M	-110M	-138M	-148M	-37M	0	0	—	—	—
Share repurchases	-500M	-400M	-220M	0	—	—	-6M	-2M	-3M	-6M
Financing cash flow	-1.1B	-1.5B	-2B	-2.2B	-1.4B	262M	-720M	-1.3B	-870M	-2.8B
Net change in cash	484M	-306M	-1.2B	-1.1B	-645M	-511M	-54M	-461M	-42M	-1B
Free cash flow	561M	277M	105M	437M	468M	81M	-540M	-18M	-490M	-30M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	-84M	-296M	-58M	80M	-15M	72M	118M	281M	-2.2B	98M	-246M	-207M
Depreciation & amortization	245M	250M	284M	262M	254M	249M	270M	274M	269M	232M	239M	235M
Stock-based compensation	—	—	—	—	—	—	—	—	—	—	—	—
Change in working capital	-71M	996M	-602M	-312M	-394M	1B	-597M	-195M	-155M	1.3B	-725M	105M
Operating cash flow	232M	1B	-448M	-15M	-230M	1.3B	-252M	-180M	2M	1.5B	-718M	98M
Capital expenditure	7M	26M	—	—	0	0	—	-207M	-183M	-177M	-175M	-167M
Investing cash flow	98M	26M	87M	43M	7M	30M	691M	405M	-174M	334M	-174M	-165M
Dividends paid	—	—	—	—	—	—	—	—	—	—	—	—
Share repurchases	0	0	-3M	0	0	0	-4M	-1M	0	-1M	—	—
Financing cash flow	-526M	-1.3B	431M	1M	80M	-1.4B	-324M	-411M	-14M	-2B	575M	-61M
Net change in cash	-196M	-185M	70M	29M	-143M	-52M	115M	-186M	-186M	-189M	-317M	-128M
Free cash flow	-41M	993M	-769M	-383M	-351M	1B	-797M	-387M	-181M	1.3B	-893M	-69M

The Goodyear Tire & Rubber Company Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history