Goodyear Tire & Rubber Stock

Goodyear Tire & Rubber Net Income 2024

Goodyear Tire & Rubber Net Income

296.71 M USD

Ticker

GT

ISIN

US3825501014

WKN

851204

In 2024, Goodyear Tire & Rubber's profit amounted to 296.71 M USD, a -143.06% increase from the -689 M USD profit recorded in the previous year.

The Goodyear Tire & Rubber Net Income history

YEARNET INCOME (undefined USD)
2027e0.52
2026e0.53
2025e0.47
2024e0.3
2023-0.69
20220.2
20210.76
2020-1.25
2019-0.31
20180.69
20170.35
20161.26
20150.31
20142.45
20130.6
20120.18
20110.32
2010-0.22
2009-0.38
2008-0.08
20070.58
2006-0.33
20050.23
20040.12

Goodyear Tire & Rubber Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details

Revenue, EBIT and Profit

Understanding Revenue, EBIT, and Income

Gain insights into Goodyear Tire & Rubber, a comprehensive overview of its financial performance can be obtained by analyzing the Revenue, EBIT, and Income chart. Revenue represents the total income generated by Goodyear Tire & Rubber from its primary operations, showcasing the company’s ability to attract and retain clients. EBIT, or Earnings Before Interest and Taxes, indicates the company’s operational profitability, free from the influence of tax and interest expenses. The Income section reflects Goodyear Tire & Rubber’s net earnings, an ultimate measure of its financial health and profitability.

Yearly Analysis and Comparisons

Observe the yearly bars to understand the annual performance and growth of Goodyear Tire & Rubber. Compare the Revenue, EBIT, and Income to evaluate the company’s efficiency and profitability. A higher EBIT compared to the previous year suggests an improvement in operational efficiency. Likewise, an increase in Income indicates enhanced overall profitability. Analyzing the year-to-year comparison assists investors in understanding the company’s growth trajectory and operational efficiency.

Utilizing Expectations for Investment

The expected values for the forthcoming years offer investors a glimpse into Goodyear Tire & Rubber’s anticipated financial performance. Analyzing these projections alongside historical data aids in making informed investment decisions. Investors can gauge the potential risks and returns, aligning their investment strategies accordingly to optimize profitability and mitigate risks.

Investment Insights

Leveraging the comparison between Revenue and EBIT helps in assessing Goodyear Tire & Rubber’s operational efficiency, while the Revenue and Income comparison reveals the net profitability after accounting for all expenses. Investors can derive valuable insights by meticulously analyzing these financial parameters, laying the foundation for strategic investment decisions aimed at capitalizing on Goodyear Tire & Rubber’s growth potential.

Goodyear Tire & Rubber Revenue, EBIT and net profit per share

DateGoodyear Tire & Rubber RevenueGoodyear Tire & Rubber EBITGoodyear Tire & Rubber Net Income
2027e20.99 B undefined1.35 B undefined521.95 M undefined
2026e19.85 B undefined1.57 B undefined534.21 M undefined
2025e19.83 B undefined1.09 B undefined467.34 M undefined
2024e19.8 B undefined1.17 B undefined296.71 M undefined
202320.07 B undefined492 M undefined-689 M undefined
202220.81 B undefined854 M undefined202 M undefined
202117.48 B undefined930 M undefined764 M undefined
202012.32 B undefined-338 M undefined-1.25 B undefined
201914.75 B undefined669 M undefined-311 M undefined
201815.48 B undefined1.31 B undefined693 M undefined
201715.38 B undefined1.31 B undefined346 M undefined
201615.16 B undefined1.7 B undefined1.26 B undefined
201516.44 B undefined1.77 B undefined307 M undefined
201418.14 B undefined1.46 B undefined2.45 B undefined
201319.54 B undefined1.37 B undefined600 M undefined
201220.99 B undefined985 M undefined183 M undefined
201122.77 B undefined1.12 B undefined321 M undefined
201018.83 B undefined665 M undefined-216 M undefined
200916.3 B undefined202 M undefined-375 M undefined
200819.49 B undefined675 M undefined-77 M undefined
200719.64 B undefined877 M undefined583 M undefined
200618.75 B undefined454 M undefined-330 M undefined
200518.1 B undefined864 M undefined228 M undefined
200418.35 B undefined844 M undefined115 M undefined

Goodyear Tire & Rubber stock margins

The Goodyear Tire & Rubber margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Goodyear Tire & Rubber. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Goodyear Tire & Rubber.
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Gross margin
EBIT margin
Profit margin
Details

Margin

Understanding Gross Margin

The gross margin, expressed as a percentage, delineates the gross profit made from the Goodyear Tire & Rubber's sales revenue. A higher gross margin percentage indicates that the Goodyear Tire & Rubber retains more revenue after accounting for the costs of goods sold. Investors use this metric to gauge financial health and operational efficiency, as well as to compare it with competitors and industry averages.

EBIT Margin Analysis

EBIT margin represents the Goodyear Tire & Rubber's earnings before interest and taxes. Analyzing the EBIT margin over different years provides insights into the operational profitability and efficiency, excluding the effects of financial leverage and tax structure. A growing EBIT margin over the years signifies improving operational performance.

Revenue Margin Insights

The revenue margin demonstrates the Goodyear Tire & Rubber's total revenue generated. When comparing the revenue margin year over year, investors can gauge the Goodyear Tire & Rubber's growth and market expansion. It is essential to compare the revenue margin with the gross and EBIT margins to understand the cost and profit structures better.

Interpreting Expectations

The expected values for gross, EBIT, and revenue margins provide future financial outlook of the Goodyear Tire & Rubber. Investors should compare these expectations with historical data to understand potential growth and risk factors. It is crucial to consider the underlying assumptions and methodologies used in projecting these expected values to make informed investment decisions.

Comparative Analysis

Comparing the gross, EBIT, and revenue margins, both yearly and over multiple years, enables investors to perform a comprehensive analysis of the Goodyear Tire & Rubber's financial health and growth prospects. Evaluating the trends and patterns in these margins helps in identifying strengths, weaknesses, and potential investment opportunities.

Goodyear Tire & Rubber Margin History

Goodyear Tire & Rubber Gross marginGoodyear Tire & Rubber Profit marginGoodyear Tire & Rubber EBIT marginGoodyear Tire & Rubber Profit margin
2027e17.49 %6.41 %2.49 %
2026e17.49 %7.92 %2.69 %
2025e17.49 %5.49 %2.36 %
2024e17.49 %5.93 %1.5 %
202317.49 %2.45 %-3.43 %
202218.51 %4.1 %0.97 %
202121.66 %5.32 %4.37 %
202016.1 %-2.74 %-10.18 %
201921.32 %4.54 %-2.11 %
201822.71 %8.49 %4.48 %
201723.79 %8.55 %2.25 %
201627.62 %11.23 %8.34 %
201526.02 %10.73 %1.87 %
201423.33 %8.04 %13.48 %
201321.19 %7.01 %3.07 %
201218.34 %4.69 %0.87 %
201117.55 %4.91 %1.41 %
201018.03 %3.53 %-1.15 %
200916.1 %1.24 %-2.3 %
200817.18 %3.46 %-0.4 %
200719 %4.46 %2.97 %
200616.13 %2.42 %-1.76 %
200519.69 %4.77 %1.26 %
200419.38 %4.6 %0.63 %

Goodyear Tire & Rubber Aktienanalyse

What does Goodyear Tire & Rubber do?

Goodyear Tire & Rubber Co is an American company that specializes in the production of tires and other rubber products. The company should be familiar to many people as Goodyear tires are sold in many countries worldwide and have become one of the most well-known brands in the tire industry. The history of Goodyear Tire & Rubber Co dates back to 1898. The founder of the company, Frank Seiberling, was looking for a name for his new venture and ultimately decided on the name "Goodyear" as a tribute to the inventor of the rubber tire, Charles Goodyear. From that point on, the company began to focus on the manufacturing of tires and other rubber products. Today, Goodyear Tire & Rubber Co is a globally operating company with business divisions in North America, Europe, Asia, and Africa. The various divisions include the production of tires for passenger cars, vans, industrial machinery, agricultural vehicles, and racing vehicles. The product range also includes hoses, rubber mats, seals, dampers, and other rubber-made products. Goodyear Tire & Rubber Co benefits from the increasing demand for high-quality tires. Most of the products are manufactured in the United States and various European countries. The company strives to offer its customers a wide range of tires suitable for all types of vehicles. The business model of Goodyear Tire & Rubber Co is based on the production of technologically advanced products that meet customer requirements. The company utilizes cutting-edge technologies to improve the lifespan and performance of its products. It works closely with automobile manufacturers to ensure that the tires are perfectly matched to the respective vehicle types. In recent years, Goodyear Tire & Rubber Co has built a strong presence in many countries. The company has introduced its products to the market and built a strong customer base. Today, Goodyear Tire & Rubber Co products are available in more than 180 countries worldwide. In summary, Goodyear Tire & Rubber Co is a successful company specializing in the production of tires and other rubber products. The company has a long history and extensive experience in the industry. With a business model focused on customer needs and product development, Goodyear Tire & Rubber Co has established itself as one of the market leaders in the tire industry. Goodyear Tire & Rubber ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Net Income Details

Understanding Goodyear Tire & Rubber's Profit Margins

The profit margins of Goodyear Tire & Rubber represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of Goodyear Tire & Rubber's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.

Year-to-Year Comparison

Evaluating Goodyear Tire & Rubber's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.

Impact on Investments

Goodyear Tire & Rubber's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.

Interpreting Profit Fluctuations

When Goodyear Tire & Rubber’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.

Frequently Asked Questions about Goodyear Tire & Rubber stock

How much profit has Goodyear Tire & Rubber made this year?

Goodyear Tire & Rubber has made 296.71 M USD this year.

How has the profit developed compared to last year?

The profit has increased by -143.06% compared to last year fallen

What impact do the earnings have on the shareholders?

An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.

How does Goodyear Tire & Rubber publish its earnings?

Goodyear Tire & Rubber publishes its earnings in the form of quarterly or annual reports.

Which financial indicators are included in the quarterly or annual reports?

The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.

Why is it important for investors to know the earnings of Goodyear Tire & Rubber?

The profits of Goodyear Tire & Rubber are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.

How can one learn more about the earnings of Goodyear Tire & Rubber?

You can learn more about the earnings of Goodyear Tire & Rubber by reviewing the quarterly or annual reports or following the company presentations.

How much dividend does Goodyear Tire & Rubber pay?

Over the past 12 months, Goodyear Tire & Rubber paid a dividend of 0.16 USD . This corresponds to a dividend yield of about 1.82 %. For the coming 12 months, Goodyear Tire & Rubber is expected to pay a dividend of 0 USD.

What is the dividend yield of Goodyear Tire & Rubber?

The current dividend yield of Goodyear Tire & Rubber is 1.82 %.

When does Goodyear Tire & Rubber pay dividends?

Goodyear Tire & Rubber pays a quarterly dividend. This is distributed in the months of May, August, November, February.

How secure is the dividend of Goodyear Tire & Rubber?

Goodyear Tire & Rubber paid dividends every year for the past 4 years.

What is the dividend of Goodyear Tire & Rubber?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Goodyear Tire & Rubber located?

Goodyear Tire & Rubber is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Goodyear Tire & Rubber kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Goodyear Tire & Rubber from 3/2/2020 amounting to 0.16 USD, you needed to have the stock in your portfolio before the ex-date on 1/31/2020.

When did Goodyear Tire & Rubber pay the last dividend?

The last dividend was paid out on 3/2/2020.

What was the dividend of Goodyear Tire & Rubber in the year 2023?

In the year 2023, Goodyear Tire & Rubber distributed 0 USD as dividends.

In which currency does Goodyear Tire & Rubber pay out the dividend?

The dividends of Goodyear Tire & Rubber are distributed in USD.

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Andere Kennzahlen von Goodyear Tire & Rubber

Our stock analysis for Goodyear Tire & Rubber Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Goodyear Tire & Rubber Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.