Goodyear Tire & Rubber Co (OQ:GT)

Sector:  Consumer Cyclicals Industry:  Tires & Rubber Products
See Regulatory Filings on SEC
Company Contact
Address: 1144 E Market St
AKRON OH 44316
Tel: N/A
IR: See website
Key People
Richard J. Kramer
Chairman of the Board, President, Chief Executive Officer
Laura P. Duda
Senior Vice President - Global Communications
Darren R. Wells
Chief Financial Officer, Executive Vice President
Christopher Raymond Delaney
President, Europe, Middle East and Africa
Stephen R. McClellan
President, Americas
Ryan G. Patterson
President, Asia Pacific
Christopher P. Helsel
Senior Vice President, Chief Technology Officer
David Emmitt Phillips
Senior Vice President, General Counsel
Gary S. VanderLind
Senior Vice President, Global Human Resources
Jonathan Bellissimo
Senior Vice President - Global Operations & Technology
Business Overview
The Goodyear Tire & Rubber Company is a manufacturer of tires. The Company develops, manufactures, markets and distributes tires for various applications. The Company also manufactures and markets rubber-related chemicals for various applications. The Company also operates commercial truck service and tire retreading centers. The Company operates business through three operating segments representing its regional tire businesses: Americas; Europe, Middle East and Africa (EMEA), and the Asia Pacific. It manufactures and markets various lines of rubber tires for automobiles, trucks, buses, aircraft, motorcycles, earthmoving and mining equipment, farm implements, industrial equipment, and various other applications. In addition, it operates approximately 1,000 retail outlets where it offers its products for sale to consumer and commercial customers and provides repair and other services. It manufactures products in approximately 47 manufacturing facilities in over 21 countries.
Financial Overview
For the three months ended 31 March 2020, Goodyear Tire & Rubber Co revenues decreased 15% to $3.06B. Net loss increased from $61M to $619M. Revenues reflect Eastern Europe, Middle East & Africa Tire segment decrease of 19% to $995M, Americas segment decrease of 11% to $1.67B, Asia Tire segment decrease of 23% to $388M. Higher net loss reflects Eastern Europe, Middle East & Africa Tire segment loss totaling $53M vs. income of $54M.
Employees: 63,000 as of Dec 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $7,659M as of Mar 31, 2020
Annual revenue (TTM): $14,203M as of Mar 31, 2020
EBITDA (TTM): $1,220M as of Mar 31, 2020
Net annual income (TTM): -$869.00M as of Mar 31, 2020
Free cash flow (TTM): $102.00M as of Mar 31, 2020
Net Debt Last Fiscal Year: $5,553M as of Mar 31, 2020
Shares outstanding: 232,997,550 as of Mar 31, 2020
Index Membership: S&P 400 Mid Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization