Goodyear Financial Statements From 2010 to 2024

GT Stock  USD 13.73  0.16  1.18%   
Goodyear Tire financial statements provide useful quarterly and yearly information to potential Goodyear Tire Rubber investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Goodyear Tire financial statements helps investors assess Goodyear Tire's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Goodyear Tire's valuation are summarized below:
Gross Profit
3.9 B
Profit Margin
(0.03)
Market Capitalization
3.8 B
Enterprise Value Revenue
0.5712
Revenue
20.1 B
There are currently one hundred twenty fundamental trends for Goodyear Tire Rubber that can be evaluated and compared over time across competitors. All traders should confirm Goodyear Tire's regular fundamentals against the performance from 2010 to 2024 and make sure the trends continue to evolve in the right direction.
Check Goodyear Tire financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Goodyear main balance sheet or income statement drivers, such as Depreciation And Amortization of 675.1 M, Interest Expense of 558.6 M or Total Revenue of 16.7 B, as well as many exotic indicators such as Short Term Coverage Ratios of 1.51, Price To Sales Ratio of 0.34 or Dividend Yield of 2.52. Goodyear financial statements analysis is a perfect complement when working with Goodyear Tire Valuation or Volatility modules.
  
This module can also supplement Goodyear Tire's financial leverage analysis and stock options assessment as well as various Goodyear Tire Technical models . Check out the analysis of Goodyear Tire Correlation against competitors.

Goodyear Tire Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets15.3 B21.6 B17.2 B
Slightly volatile
Short and Long Term Debt Total4.9 B8.6 B6.1 B
Slightly volatile
Other Current Liabilities1.1 B1.2 B1.3 B
Slightly volatile
Total Current Liabilities4.5 B7.1 B5.2 B
Slightly volatile
Total Stockholder Equity2.8 B4.7 B3.5 B
Slightly volatile
Property Plant And Equipment Net6.4 B9.5 B7.4 B
Slightly volatile
Net Debt8.1 B7.7 B4.9 B
Slightly volatile
Retained Earnings3.2 B5.1 B4.4 B
Slightly volatile
Cash1.3 B902 M1.4 B
Slightly volatile
Non Current Assets Total8.7 B13.9 B10.4 B
Slightly volatile
Non Currrent Assets Other777.9 M1.1 B759.1 M
Slightly volatile
Cash And Short Term Investments1.3 B902 M1.4 B
Slightly volatile
Net Receivables2.3 B2.7 B2.2 B
Pretty Stable
Common Stock Shares Outstanding218.9 M285 M252.5 M
Pretty Stable
Liabilities And Stockholders Equity15.3 B21.6 B17.2 B
Slightly volatile
Non Current Liabilities Total7.5 B9.6 B8.3 B
Pretty Stable
Inventory2.7 B3.7 BB
Slightly volatile
Other Current Assets336.8 M319 M258.7 M
Pretty Stable
Other Stockholder Equity1.9 B3.1 B2.9 B
Pretty Stable
Total Liabilities12 B16.7 B13.5 B
Slightly volatile
Property Plant And Equipment Gross23 B21.9 B10.8 B
Slightly volatile
Total Current Assets6.5 B7.7 B6.9 B
Very volatile
Short Term Debt664.2 M993 M596.4 M
Slightly volatile
Accounts Payable2.4 B4.3 B3.1 B
Slightly volatile
Common Stock Total Equity242.5 M325.4 M250.2 M
Slightly volatile
Intangible AssetsB969 M396 M
Slightly volatile
Common Stock458.7 M284 M581.1 M
Slightly volatile
Other LiabilitiesB1.6 B2.7 B
Slightly volatile
Other Assets1.8 B2.8 B2.2 B
Slightly volatile
Long Term Debt5.5 B6.8 B5.4 B
Slightly volatile
Good Will732.8 M781 M662.3 M
Slightly volatile
Property Plant Equipment7.2 B10.7 B7.6 B
Slightly volatile
Current Deferred Revenue755.9 M663 M690.7 M
Pretty Stable
Noncontrolling Interest In Consolidated Entity179.4 M149.4 M216.3 M
Slightly volatile
Retained Earnings Total Equity4.7 B6.6 B4.4 B
Slightly volatile
Long Term Debt TotalB8.4 B5.7 B
Slightly volatile
Capital Surpluse2.2 B2.8 B2.7 B
Slightly volatile
Non Current Liabilities Other840.8 M885 M2.2 B
Slightly volatile
Deferred Long Term Asset Charges2.9 B2.8 B1.8 B
Slightly volatile
Warrants620.8 M669.3 M580.5 M
Slightly volatile
Long Term Investments213.8 M301.3 M193.2 M
Slightly volatile
Short and Long Term Debt698.8 M793 M509.6 M
Slightly volatile
Net Invested Capital12.2 B12.3 B10.8 B
Slightly volatile
Net Working Capital697.8 M503 M945.5 M
Slightly volatile
Capital Stock283.6 M284 M245.8 M
Slightly volatile
Capital Lease Obligations1.1 BB912 M
Slightly volatile

Goodyear Tire Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization675.1 MB754.5 M
Slightly volatile
Total Revenue16.7 B20.1 B17 B
Very volatile
Gross Profit3.7 B3.5 B3.6 B
Very volatile
Other Operating Expenses15.8 B19.4 B16 B
Very volatile
EBITDA1.6 B1.6 B1.7 B
Very volatile
Cost Of Revenue13.1 B16.6 B13.4 B
Very volatile
Total Operating Expenses2.7 B2.8 B2.5 B
Pretty Stable
Selling General Administrative2.7 B2.7 B2.5 B
Pretty Stable
Research Development433.3 M461 M417.5 M
Slightly volatile
Preferred Stock And Other AdjustmentsM6.3 M11.8 M
Slightly volatile
Interest Income70 M67 M221.5 M
Slightly volatile
Reconciled Depreciation951.8 M997 M831.7 M
Slightly volatile

Goodyear Tire Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow1.4 B1.3 B1.6 B
Slightly volatile
Depreciation708.7 MB762.3 M
Slightly volatile
Capital Expenditures867.8 M1.1 B939 M
Pretty Stable
Total Cash From Operating Activities847 MB997.1 M
Very volatile
End Period Cash Flow1.4 B985 M1.5 B
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Short Term Coverage Ratios1.511.03932.4565
Slightly volatile
Price To Sales Ratio0.340.20340.3146
Pretty Stable
Dividend Yield2.522.40.696
Slightly volatile
Operating Cycle98.81131124
Slightly volatile
Price Book Value Ratio0.840.87432.1473
Slightly volatile
Days Of Payables Outstanding49.995.366982.1298
Slightly volatile
Operating Cash Flow Per Share4.433.62114.291
Pretty Stable
Price To Operating Cash Flows Ratio7.333.95475.9281
Pretty Stable
Inventory Turnover5.514.47734.6699
Slightly volatile
Payables Turnover7.183.82734.7336
Slightly volatile
Company Equity Multiplier4.854.62348.6436
Slightly volatile
Long Term Debt To Capitalization0.480.62120.6056
Pretty Stable
Cash Per Share4.363.16495.7556
Slightly volatile
Total Debt To Capitalization0.50.64950.6282
Pretty Stable
Debt Equity Ratio1.951.85282.8463
Slightly volatile
Quick Ratio0.620.50830.6935
Slightly volatile
Cash Ratio0.20.12620.2719
Slightly volatile
Cash Conversion Cycle34.0435.832544.2027
Slightly volatile
Operating Cash Flow Sales Ratio0.0410.05140.0608
Very volatile
Days Of Inventory Outstanding59.5181.522679.0338
Slightly volatile
Days Of Sales Outstanding39.349.676845.4263
Slightly volatile
Cash Flow Coverage Ratios0.110.11930.166
Slightly volatile
Price To Book Ratio0.840.87432.1473
Slightly volatile
Current Ratio1.611.07041.353
Slightly volatile
Fixed Asset Turnover2.932.11732.3667
Slightly volatile
Price Cash Flow Ratio7.333.95475.9281
Pretty Stable
Enterprise Value Multiple5.167.52916.2114
Slightly volatile
Debt Ratio0.250.40080.3378
Slightly volatile
Cash Flow To Debt Ratio0.110.11930.166
Slightly volatile
Price Sales Ratio0.340.20340.3146
Pretty Stable
Receivables Turnover8.347.34758.0324
Slightly volatile
Asset Turnover1.240.92981.0185
Slightly volatile
Gross Profit Margin0.250.17490.2158
Very volatile
Price Fair Value0.840.87432.1473
Slightly volatile

Goodyear Fundamental Market Drivers

Forward Price Earnings10.02
Cash And Short Term Investments902 M

Goodyear Upcoming Events

14th of February 2024
Upcoming Quarterly Report
View
2nd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
14th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Goodyear Tire Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Goodyear Tire income statement, its balance sheet, and the statement of cash flows. Goodyear Tire investors use historical funamental indicators, such as Goodyear Tire's revenue or net income, to determine how well the company is positioned to perform in the future. Although Goodyear Tire investors may use each financial statement separately, they are all related. The changes in Goodyear Tire's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Goodyear Tire's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Goodyear Tire Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Goodyear Tire. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Current Deferred Revenue663 M755.9 M
Total Revenue20.1 B16.7 B
Cost Of Revenue16.6 B13.1 B
Ebit Per Revenue 0.03  0.03 

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When determining whether Goodyear Tire Rubber is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Goodyear Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Goodyear Tire Rubber Stock. Highlighted below are key reports to facilitate an investment decision about Goodyear Tire Rubber Stock:
Check out the analysis of Goodyear Tire Correlation against competitors.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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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.
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Is Goodyear Tire's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Goodyear Tire. If investors know Goodyear will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Goodyear Tire listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.66)
Earnings Share
(2.42)
Revenue Per Share
70.407
Quarterly Revenue Growth
(0.05)
Return On Assets
0.0152
The market value of Goodyear Tire Rubber is measured differently than its book value, which is the value of Goodyear that is recorded on the company's balance sheet. Investors also form their own opinion of Goodyear Tire's value that differs from its market value or its book value, called intrinsic value, which is Goodyear Tire's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Goodyear Tire's market value can be influenced by many factors that don't directly affect Goodyear Tire's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Goodyear Tire's value and its price as these two are different measures arrived at by different means. Investors typically determine if Goodyear Tire is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Goodyear Tire's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.