Sector: Consumer Cyclicals | Industry: Tires & Rubber Products |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 200 Innovation Way AKRON OH 44316-0001 |
Tel: | N/A |
Website: | https://www.goodyear.com |
IR: | See website |
Key People | ||
Mark W. Stewart President, Chief Executive Officer, Director | Christina L. Zamarro Executive Vice President, Chief Financial Officer | Christopher Raymond Delaney President, Europe, Middle East and Africa |
Business Overview |
The Goodyear Tire & Rubber Company is a tire company. The Company develops, manufactures, distributes, and sell tires for various applications. It also manufactures and sells rubber-related chemicals for various applications. It is an operator of commercial truck service and tire retreading centers. It operates approximately 950 retail outlets where it offers its products for sale to consumer and commercial customers and provides repair and other services. It manufactures its products in 55 manufacturing facilities in 22 countries. The Company's segments represent its regional tire businesses: Americas; Europe, Middle East and Africa (EMEA), and Asia Pacific. It manufactures and sells numerous lines of rubber tires for automobiles, trucks, buses, aircraft, motorcycles, earthmoving and mining equipment, farm implements, industrial equipment, and various other applications. Its brands include Goodyear, Cooper, Dunlop, Kelly, Debica, Sava, Fulda, Mastercraft and Roadmaster, and others. |
Financial Overview |
For the fiscal year ended 31 December 2023, Goodyear Tire & Rubber Co revenues decreased 4% to $20.07B. Net loss totaled $689M vs. income of $202M. Revenues reflect Americas segment decrease of 6% to $11.99B, Eastern Europe, Middle East & Africa Tire segment decrease of 1% to $5.61B, United States segment decrease of 9% to $9.81B. Net loss reflects Americas segment income decrease of 32% to $749M, Eastern Europe. |
Employees: | 71,000 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $10,144M as of Dec 31, 2023 |
Annual revenue (TTM): | $20,066M as of Dec 31, 2023 |
EBITDA (TTM): | $1,493M as of Dec 31, 2023 |
Net annual income (TTM): | -$689.00M as of Dec 31, 2023 |
Free cash flow (TTM): | -$18.00M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $6,722M as of Dec 31, 2023 |
Shares outstanding: | 283,954,995 as of Jan 31, 2024 |
Index Membership: | S&P 400 Mid Cap |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |