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Goodyear Tire & Rubber - Stock

Goodyear Tire & Rubber ROCE 2024

Goodyear Tire & Rubber ROCE

0.11

Ticker

GT

ISIN

US3825501014

WKN

851204

In 2024, Goodyear Tire & Rubber's return on capital employed (ROCE) was 0.11, a -34.59% increase from the 0.16 ROCE in the previous year.

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.

ROCE Details

Unraveling Goodyear Tire & Rubber's Return on Capital Employed (ROCE)

Goodyear Tire & Rubber's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Goodyear Tire & Rubber's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Goodyear Tire & Rubber's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Goodyear Tire & Rubber’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Goodyear Tire & Rubber Stock

What is the ROCE (Return on Capital Employed) of Goodyear Tire & Rubber this year?

The ROCE of Goodyear Tire & Rubber is 0.11 undefined this year.

How has the ROCE (Return on Capital Employed) of Goodyear Tire & Rubber developed compared to the previous year?

The ROCE of Goodyear Tire & Rubber has increased by -34.59% decreased compared to the previous year.

What does a high ROCE (Return on Capital Employed) mean for investors of Goodyear Tire & Rubber?

A high Return on Capital Employed (ROCE) indicates that Goodyear Tire & Rubber has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.

What does a low ROCE (Return on Capital Employed) mean for investors of Goodyear Tire & Rubber?

A low ROCE (Return on Capital Employed) can indicate that Goodyear Tire & Rubber has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.

How does an increase in ROCE from Goodyear Tire & Rubber impact the company?

An increase in the ROCE of Goodyear Tire & Rubber can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.

How does a reduction in the ROCE of Goodyear Tire & Rubber affect the company?

A decrease in ROCE of Goodyear Tire & Rubber can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.

What are some factors that can influence the ROCE of Goodyear Tire & Rubber?

Some factors that can affect Goodyear Tire & Rubber's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.

Why is the ROCE of Goodyear Tire & Rubber so important for investors?

The ROCE of Goodyear Tire & Rubber is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.

What strategic measures can Goodyear Tire & Rubber take to improve the ROCE?

To improve the ROCE, Goodyear Tire & Rubber can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.

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 1.44 %. 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 1.44 %.

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.