The Goodyear Tire & Rubber Company
General ticker "GT" information:
- Sector: Consumer Discretionary
- Industry: Automobile Components
- Capitalization: $2.7B (TTM average)
The Goodyear Tire & Rubber Company does not follow the US Stock Market performance with the rate: -12.9%.
Estimated limits based on current volatility of 1.6%: low 8.61$, high 8.89$
Factors to consider:
- Total employees count: 68000 (-4.2%) as of 2024
- US accounted for 48.1% of revenue in the fiscal year ended 2024-12-31
- Top business risk factors: Liquidity and credit risks, Strategic risks and growth management, Economic downturns and volatility, Plant disruptions, Geopolitical risks
- Price in estimated range
- Earnings for 9 months up through Q3 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [5.39$, 11.01$]
- 2025-12-31 to 2026-12-31 estimated range: [4.87$, 9.97$]
Financial Metrics affecting the GT estimates:
- Positive: with PPE of 8.4 at the end of fiscal year the price was very low
- Positive: -3.60 < Operating profit margin, % of 4.87
- Positive: Operating cash flow per share per price, % of 27.65 > 13.24
- Negative: 0 < Inventory ratio change, % of 0.44
- Negative: Industry earnings per price (median), % of 0 <= 0
- Negative: Industry operating profit margin (median), % of 2.87 <= 2.97
- Negative: Industry operating cash flow per share per price (median), % of 10.23 <= 10.33
Short-term GT quotes
Long-term GT plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $20,805.00MM | $20,066.00MM | $18,878.00MM |
| Operating Expenses | $19,751.00MM | $19,371.00MM | $17,958.00MM |
| Operating Income | $1,054.00MM | $695.00MM | $920.00MM |
| Non-Operating Income | $-655.00MM | $-1,372.00MM | $-765.00MM |
| Interest Expense | $451.00MM | $532.00MM | $584.00MM |
| R&D Expense | $0.00MM | $0.00MM | $426.00MM |
| Income(Loss) | $399.00MM | $-677.00MM | $155.00MM |
| Taxes | $190.00MM | $10.00MM | $95.00MM |
| Profit(Loss)* | $202.00MM | $-689.00MM | $70.00MM |
| Stockholders Equity | $5,300.00MM | $4,668.00MM | $4,756.00MM |
| Inventory | $4,571.00MM | $3,698.00MM | $3,597.00MM |
| Assets | $22,431.00MM | $21,582.00MM | $20,964.00MM |
| Operating Cash Flow | $521.00MM | $1,032.00MM | $698.00MM |
| Capital expenditure | $1,061.00MM | $1,050.00MM | $1,188.00MM |
| Investing Cash Flow | $-914.00MM | $-1,035.00MM | $-1,005.00MM |
| Financing Cash Flow | $575.00MM | $-333.00MM | $225.00MM |
| Earnings Per Share** | $0.71 | $-2.42 | $0.24 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.