Goodyear Tire & Rubber Co (OQ:GT)

Business Focus: Tires & Rubber Products

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
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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

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