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Manufactures and sells tires for passenger, commercial and off-road vehicles worldwide.
Manufactures and sells tires for passenger, commercial and off-road vehicles worldwide.
Sells tyres to automakers as original equipment and to drivers as replacements through independent dealers, big retailers and its own stores; replacement sales usually earn more. Natural and synthetic rubber, carbon black and other oil-linked materials are the main costs. It bought Cooper Tire in 2021 and has since been selling non-core businesses.
Moat: narrow (brand, scale, distribution). Iconic global tire brand with broad distribution, in a highly competitive, commodity-priced industry.
Headquarters: Akron, Ohio, US · Founded: 1898 · Employees: 63,000
Size Goodyear Tire & Rubber (GT) is a United States Consumer Discretionary company (Automotive Aftermarket) with a market value of $1.26B, the 2113th largest of 3,117 United States companies the cockpit tracks. Shares closed at $4.36 on 6 Nov 2026.
Performance Over six months the shares fell 33.0%, against -15.3% for the median peer and -1.1% for the United States market (cap-weighted) — 2nd lowest of 21 in its peer set.
Growth Revenue fell 4.3% over the last twelve months (peer median +8.0%); the operating margin is 2.8% (peer median 7.9%).
Valuation It trades at 0.5× enterprise value to sales against a peer median of 1.1× (3rd cheapest of 21).
Price implies For today's price to make sense, revenue must grow about 6% a year for seven years (Req g). Recent delivered growth is +8%, so the hurdle is -2 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 2.5 points below its cost of capital (6.2% WACC).
Credit Goodyear Tire & Rubber has 9 bonds outstanding ($4.96B), rated B+ by the agencies and trading like B- at a weighted spread of 661 bp.
Short interest Short interest is 19.8% of the free float (15 Oct 2026).
Next results Next results expected around 15 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $17.7B | $18.3B | $18.9B | $20.1B | $20.8B |
| Revenue growth | — | -3% | -6% | -4% | — |
| Gross profit | $3.25B | $3.59B | $3.96B | $3.93B | $4.25B |
| EBITDA | $1.47B | $1.54B | $1.81B | $1.65B | $1.91B |
| Net income | -$2.54B | -$1.72B | $46.0M | -$689M | $202M |
| Free cash flow | $192M | -$30.0M | -$490M | -$18.0M | -$540M |
| Capital expenditure | $702M | $826M | $1.19B | $1.05B | $1.06B |
| Total debt | $8.21B | $7.26B | $8.79B | $8.65B | $8.91B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Goodyear Tire & Rubber GT | $1.26B | -33% | -4% | 3% | 0.5× | 5.9% |
| Cie Generale des Etablissements Michelin ML.PA | $25.1B | +5% | -4% | 10% | 1.1× | 3.7% |
| Bridgestone 5108.T | $31.7B | +28% | +6% | 12% | 1.1× | -1.9% |
| Continental CON.DE | $15.8B | +2% | -35% | n/a | 0.9× | -0.2% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | GT | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -8.2% | -5.0% | 7th lowest of 21 |
| 6-month return | -33.0% | -15.3% | 2nd lowest of 21 |
| Distance from 52-week high | -59.0% | -32.0% | lowest of 21 |
| Revenue growth (TTM) | -4.3% | +8.0% | lowest of 21 |
| Operating margin | 2.8% | 7.9% | 2nd lowest of 21 |
| EV / Sales | 0.5× | 1.1× | 3rd cheapest of 21 |
| Growth the price implies (Req g, 7 yrs) | 5.9% | -0.4% | 5th most demanding of 14 |
| Growth delivered (Del g) | +8.2% | +9.7% | 7th lowest of 14 |
| Hurdle (Req g minus delivered) | -2.3 pp | -9.4 pp | 5th most demanding of 14 |
| ROIC minus cost of capital | -2.5 pp | +0.7 pp | 7th lowest of 21 |
| EV / EBITDA | 6.1× | 9.3× | 3rd cheapest of 10 |
| Net debt / EBITDA | 4.9× | 2.0× | most indebted of 10 |
| Bond spread | 661 bp | n/a | — |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Goodyear Tire & Rubber GT | United States | $1.26B | -33% | -4% | 3% | 0.5× | 5.9% | +8.2% |
| TS Tech 7313.T | Japan | $1.25B | -3% | 0% | 2% | 0.3× | n/a | n/a |
| Triangle Tyre 601163.SS | China | $1.38B | -21% | +2% | 5% | 0.8× | -7.2% | +2.9% |
| Kumhotire 073240.KS | South Korea | $1.12B | -9% | +2% | 12% | 0.3× | n/a | n/a |
| JK Tyre & Industries JKTYRE.NS | India | $1.10B | -12% | +13% | 7% | 0.9× | n/a | n/a |
| Qingdao Doublestar 000599.SZ | China | $1.45B | -34% | +390% | 8% | 1.3× | -2.9% | +1.0% |
| XPEL XPEL | United States | $1.06B | -12% | +13% | 14% | 2.1× | n/a | n/a |
| CEAT CEATLTD.NS | India | $1.52B | +6% | +24% | 7% | 1.1× | 24.9% | +15.5% |
| Standard Motor Products SMP | United States | $993M | +10% | +6% | 11% | 0.8× | -8.5% | +9.7% |
| Guizhou Tyre 000589.SZ | China | $974M | -18% | +8% | 8% | 0.9× | n/a | n/a |
| Haian Rubber 001233.SZ | China | $1.82B | +9% | -4% | 23% | 4.1× | 1.8% | +13.7% |
| Jiangsu General Science Technology 601500.SS | China | $831M | -25% | +11% | 5% | 1.2× | -3.5% | +19.8% |
| Nokian Renkaat TYRES.HE | Finland | $2.21B | +37% | +5% | 6% | 2.0× | 19.4% | +0.9% |
| Bengal & Assam BENGALASM.NS | India | $688M | -13% | +12% | 13% | 2.7× | 19.9% | -25.6% |
| Shandong Linglong Tyre 601966.SS | China | $2.32B | -19% | +8% | 3% | 1.1× | -0.4% | +6.0% |
| Nankang Rubber Tire 2101.TW | Taiwan | $607M | -18% | +10% | 26% | 2.0× | -15.5% | -2.8% |
| Qingdao Sentury Tire 002984.SZ | China | $2.62B | -25% | +2% | 8% | 1.9× | 3.4% | +12.8% |
| Aeolus Tire 600469.SS | China | $598M | -30% | +2% | 4% | 0.7× | n/a | n/a |
| Zhongce Rubber Group Co., Ltd. A 603049.SS | China | $2.70B | -19% | +14% | 8% | 0.7× | n/a | n/a |
| Giti Tire 600182.SS | China | $578M | -22% | -1% | 10% | 1.2× | -5.6% | +11.6% |
| Apollo Tyres APOLLOTYRE.NS | India | $2.80B | +1% | +14% | 8% | 1.0× | 15.6% | +10.7% |
Goodyear Tire & Rubber has 9 bonds outstanding with $4.96B face value. The agencies rate it B+; its bonds trade like B-. Weighted yield 11.21%, a spread of 661 bp over government bonds.