• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    Goodyear Announces Q1 2025 Results; Completes Sale of Dunlop Brand

    5/7/25 4:39:00 PM ET
    $GT
    Automotive Aftermarket
    Consumer Discretionary
    Get the next $GT alert in real time by email

    Goodyear Forward drives benefits of $200 million; targets reaffirmed

    AKRON, Ohio, May 7, 2025 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ:GT) reported first quarter 2025 results today and the company will host an investor call tomorrow morning at 8:30 a.m. eastern time led by Mark Stewart, Goodyear's chief executive officer and president, and Christina Zamarro, the company's executive vice president and chief financial officer. The management team will share insights on first quarter performance and progress on the Goodyear Forward transformation plan.

    The Goodyear Tire & Rubber Company, Akron, Ohio, USA. (PRNewsFoto/Goodyear Tire & Rubber Company)

    "Our team kicked off the year by delivering the strongest quarter to date in benefits from Goodyear Forward and advanced our goal of building a high-performance culture that is designed to win," said Chief Executive Officer and President Mark Stewart. "With the sale of the Dunlop brand, we are further optimizing our portfolio while strengthening our balance sheet – a critical component of our transformation plan. We remain committed to our targets, including segment operating margin of 10 percent and leverage of 2.0x-2.5x in the fourth quarter of this year."

    Goodyear's first quarter 2025 net sales were $4.3 billion, with tire unit volumes totaling 38.5 million. Goodyear net income was $115 million (40 cents per share) compared to a Goodyear net loss of $57 million (20 cents per share) a year ago. The first quarter of 2025 included several significant items including, on a pre-tax basis, an estimated gain on the sale of the Off-the-Road (OTR) tire business of $260 million, rationalization charges of $81 million and Goodyear Forward costs of $7 million. The first quarter of 2024 included, on a pre-tax basis, rationalization charges of $22 million and Goodyear Forward costs of $28 million. Goodyear Forward costs are comprised of advisory, legal and consulting fees and costs associated with planned asset sales.

    First quarter 2025 adjusted net loss was $11 million compared to adjusted net income of $29 million in the prior year's quarter. Adjusted earnings per share was a loss of $0.04, compared to earnings of $0.10 in the prior year's quarter. Per share amounts are diluted.

    The company reported segment operating income of $195 million in the first quarter of 2025, down $52 million from a year ago. After adjusting for the sale of its OTR tire business, which was sold in February 2025, segment operating income declined $40 million, driven by higher raw materials. Segment operating income reflects benefits from Goodyear Forward of $200 million, unfavorable net price/mix versus raw material costs of $113 million, inflation of $56 million, lower tire volume of $33 million, unabsorbed fixed costs of $19 million and unfavorable foreign currency translation of $12 million.

    First quarter cash flow from operating activities was negative, and in-line with typical seasonal increases in working capital, particularly accounts receivable and inventory.

    Additional earnings materials can be found on Goodyear's investor relations website at http://investor.goodyear.com.  

    Reconciliation of Non-GAAP Financial Measures

    See "Non-GAAP Financial Measures" and "Financial Tables" for further explanation and reconciliation tables for historical Total Segment Operating Income and Margin; Adjusted Net Income (Loss); and Adjusted Diluted Earnings per Share, reflecting the impact of certain significant items on the 2025 and 2024 periods.

    Business Segment Results

    AMERICAS 



    First Quarter

    (In millions)

    2025



    2024

    Tire Units

    18.4



    19.0

    Net Sales

    $2,502



    $2,588

    Segment Operating Income                      

    155



    179

    Segment Operating Margin

    6.2 %



    6.9 %

    Americas' first quarter 2025 net sales of $2.5 billion were 3.3% lower than last year, driven by declines in replacement volume and the negative impact of changes in foreign exchange rates. Tire unit volume decreased 3.1%. Replacement tire unit volume decreased 3.1%, reflecting USTMA member declines in the United States. Non-USTMA members, generally representing low-cost imported product, grew 10% during the quarter in the United States. Original equipment tire unit volume decreased 3.2%. In the U.S., we outperformed competitors, reflecting significant O.E. market share gains.

    Segment operating income of $155 million decreased $24 million from prior year. The decrease was driven by higher raw material and other costs, which were mostly offset by Goodyear Forward and price/mix benefits.

    EMEA



    First Quarter



    (In millions)

    2025



    2024



    Tire Units

    12.3



    12.5



    Net Sales

    $1,277



    $1,347



    Segment Operating Income (Loss)         

    (5)



    8



    Segment Operating Margin

    (0.4) %



    0.6 %



    EMEA's first quarter 2025 net sales of $1.3 billion were 5.2% lower, driven by the negative impact of changes in foreign exchange rates and decreased tire volume. Tire unit volume decreased 2.0%. Replacement unit volumes decreased 3.9%, reflecting increased competition.  Original equipment tire unit volumes increased 3.0%, reflecting significant market share gains.

    Segment operating loss of $5 million was $13 million lower compared to the prior year's quarter driven by higher raw material and other costs. These factors were partly offset by Goodyear Forward and price/mix benefits.

    ASIA PACIFIC



    First Quarter



    (In millions)

    2025



    2024



    Tire Units

    7.8



    8.9



    Net Sales

    $474



    $602



    Segment Operating Income                     

    45



    60



    Segment Operating Margin

    9.5 %



    10.0 %



    Asia Pacific's first quarter 2025 net sales of $474 million were 21.3% lower, driven by lower replacement volume and the sale of the OTR tire business. Tire unit volume decreased 12.4%. Replacement tire unit volume decreased 21.3%, driven by actions taken to reduce lower margin business and channel destocking. Original equipment unit volume decreased 2.4%, primarily in China.

    First quarter 2025 segment operating income of $45 million was $15 million lower from prior year, driven by the divestiture of the OTR tire business. After adjusting for the sale of the OTR tire business, Asia Pacific's segment operating margin grew 190 basis points.

    Goodyear Forward

    Goodyear Forward is a transformation plan designed to deliver significant margin expansion, optimize the company's portfolio, and reduce leverage to drive substantial shareholder value creation. Goodyear Forward is expected to deliver $1.5 billion in annual run-rate benefits driven by cost actions and margin expansion, segment operating margin of 10%, gross proceeds in excess of $2 billion from portfolio optimization and a net leverage ratio of 2.0x to 2.5x, all by the end of 2025.

    First quarter segment operating income reflects Goodyear Forward benefits of $200 million. In addition, on February 3, 2025, the sale of the OTR tire business to The Yokohama Rubber Company successfully closed; gross cash proceeds received at closing totaled $905 million. Similarly, on May 7, 2025, the sale of the Dunlop brand to Sumitomo Rubber Industries, Ltd., was completed; gross cash proceeds received at closing totaled $735 million. Goodyear intends to use the transaction proceeds to reduce leverage and fund initiatives in connection with the Goodyear Forward transformation plan. 

    Conference Call

    The Company will host an investor call on Thursday, May 8 at 8:30 a.m. ET. Please visit Goodyear's investor relations website: http://investor.goodyear.com, for additional earnings materials.

    Participating in the conference call will be Mark W. Stewart, chief executive officer and president, and Christina L. Zamarro, executive vice president and chief financial officer.

    The investor call can be accessed on the website or via telephone by calling either (800) 343-4136 or (203) 518-9843 before 8:25 a.m. and providing the conference ID "Goodyear." A replay will be available by calling (888) 215-1533 or (402) 220-4939. The replay will also be available on the website.

    About Goodyear

    Goodyear is one of the world's largest tire companies. It employs about 68,000 people and manufactures its products in 53 facilities in 20 countries around the world. Its two Innovation Centers in Akron, Ohio, and Colmar-Berg, Luxembourg, strive to develop state-of-the-art products and services that set the technology and performance standard for the industry. For more information about Goodyear and its products, go to www.goodyear.com/corporate.

    Forward-Looking Statements

    Certain information contained in this news release constitutes forward-looking statements for purposes of the safe harbor provisions of The Private Securities Litigation Reform Act of 1995. There are a variety of factors, many of which are beyond our control, that affect our operations, performance, business strategy and results and could cause our actual results and experience to differ materially from the assumptions, expectations and objectives expressed in any forward-looking statements. These factors include, but are not limited to: our ability to implement successfully the Goodyear Forward plan and our other strategic initiatives, including the sale of our chemical business; actions and initiatives taken by both current and potential competitors; increases in the prices paid for raw materials and energy; inflationary cost pressures; delays or disruptions in our supply chain or the provision of services to us; a prolonged economic downturn or period of economic uncertainty; deteriorating economic conditions or an inability to access capital markets; a labor strike, work stoppage, labor shortage or other similar event; financial difficulties, work stoppages, labor shortages or supply disruptions at our suppliers or customers; the adequacy of our capital expenditures; changes in tariffs, trade agreements or trade restrictions; foreign currency translation and transaction risks; our failure to comply with a material covenant in our debt obligations; potential adverse consequences of litigation involving the company; as well as the effects of more general factors such as changes in general market, economic or political conditions or in legislation, regulation or public policy. Additional factors are discussed in our filings with the Securities and Exchange Commission, including our annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K. In addition, any forward-looking statements represent our estimates only as of today and should not be relied upon as representing our estimates as of any subsequent date. While we may elect to update forward-looking statements at some point in the future, we specifically disclaim any obligation to do so, even if our estimates change.

    Non-GAAP Financial Measures (unaudited)

    This news release presents non-GAAP financial measures, including Total Segment Operating Income and Margin, Adjusted Net Income (Loss), and Adjusted Diluted Earnings Per Share (EPS), which are important financial measures for the company but are not financial measures defined by U.S. GAAP, and should not be construed as alternatives to corresponding financial measures presented in accordance with U.S. GAAP.

    Total Segment Operating Income is the sum of the individual strategic business units' (SBUs') Segment Operating Income as determined in accordance with U.S. GAAP. Total Segment Operating Margin is Total Segment Operating Income divided by Net Sales as determined in accordance with U.S. GAAP. Management believes that Total Segment Operating Income and Margin are useful because they represent the aggregate value of income created by the company's SBUs and exclude items not directly related to the SBUs for performance evaluation purposes. The most directly comparable U.S. GAAP financial measures to Total Segment Operating Income and Margin are Goodyear Net Income (Loss) and Return on Net Sales (which is calculated by dividing Goodyear Net Income (Loss) by Net Sales).

    Adjusted Net Income (Loss) is Goodyear Net Income (Loss) as determined in accordance with U.S. GAAP adjusted for certain significant items. Adjusted Diluted Earnings Per Share (EPS) is the company's Adjusted Net Income (Loss) divided by Weighted Average Shares Outstanding-Diluted as determined in accordance with U.S. GAAP. Management believes that Adjusted Net Income (Loss) and Adjusted Diluted Earnings Per Share (EPS) are useful because they represent how management reviews the operating results of the company excluding the impacts of rationalizations, asset write-offs, accelerated depreciation, impairments, asset sales and certain other significant items.

    It should be noted that other companies may calculate similarly-titled non-GAAP financial measures differently and, as a result, the measures presented herein may not be comparable to such similarly-titled measures reported by other companies. See the following tables for reconciliations of historical Total Segment Operating Income and Margin, Adjusted Net Income (Loss) and Adjusted Diluted Earnings Per Share to the most directly comparable U.S. GAAP financial measures.

     

    The Goodyear Tire & Rubber Company and Subsidiaries

    Financial Tables (Unaudited)

    Table 1: Consolidated Statement of Operations





    Three Months Ended



    March 31,

    (In millions, except per share amounts)

    2025



    2024

    Net Sales 

    $     4,253



    $     4,537

    Cost of Goods Sold

    3,513



    3,715

    Selling, Administrative and General Expense

    650



    696

    Rationalizations 

    81



    22

    Interest Expense

    115



    126

    Other (Income) Expense 

    25



    28

    Net (Gains) Losses on Asset Sales

    (262)



    2

    Income (Loss) before Income Taxes

    131



    (52)

    United States and Foreign Tax Expense

    13



    6

    Net Income (Loss)

    118



    (58)

    Less: Minority Shareholders' Net Income (Loss)

    3



    (1)

    Goodyear Net Income (Loss)

    $         115



    $         (57)

    Goodyear Net Income (Loss) — Per Share of Common Stock               







    Basic

    $        0.40



    $      (0.20)

    Weighted Average Shares Outstanding 

    287



    286

    Diluted

    $        0.40



    $      (0.20)

    Weighted Average Shares Outstanding 

    289



    286

     

    Table 2: Consolidated Balance Sheets





    March 31,



    December 31,

    (In millions, except share data)

    2025



    2024

    Assets:







    Current Assets:







    Cash and Cash Equivalents

    $                            902



    $                            810

    Accounts Receivable, less Allowance — $89 ($84 in 2024)

    2,942



    2,482

    Inventories:







    Raw Materials

    796



    755

    Work in Process

    231



    213

    Finished Products

    2,921



    2,629



    3,948



    3,597

    Assets Held for Sale

    197



    466

    Prepaid Expenses and Other Current Assets

    380



    277

    Total Current Assets

    8,369



    7,632

    Goodwill 

    757



    756

    Intangible Assets 

    686



    805

    Deferred Income Taxes 

    1,715



    1,686

    Other Assets 

    1,112



    1,052

    Operating Lease Right-of-Use Assets

    943



    951

    Property, Plant and Equipment, less Accumulated Depreciation — $12,485 ($12,212 in 2024)

    8,129



    8,082

    Total Assets

    $                       21,711



    $                       20,964









    Liabilities:







    Current Liabilities:







    Accounts Payable — Trade

    $                         4,142



    $                         4,052

    Compensation and Benefits 

    565



    606

    Other Current Liabilities

    1,214



    1,089

    Notes Payable and Overdrafts 

    436



    558

    Operating Lease Liabilities due Within One Year

    199



    200

    Long Term Debt and Finance Leases due Within One Year 

    300



    832

    Total Current Liabilities

    6,856



    7,337

    Operating Lease Liabilities

    799



    804

    Long Term Debt and Finance Leases 

    7,302



    6,392

    Compensation and Benefits 

    781



    789

    Deferred Income Taxes 

    109



    108

    Other Long Term Liabilities

    778



    628

    Total Liabilities

    16,625



    16,058

    Commitments and Contingent Liabilities 







    Shareholders' Equity:







    Goodyear Shareholders' Equity:







    Common Stock, no par value:







    Authorized, 450 million shares, Outstanding shares — 286 million in 2025 (285 million in 2024)

    286



    285

    Capital Surplus

    3,160



    3,159

    Retained Earnings

    5,271



    5,156

    Accumulated Other Comprehensive Loss

    (3,787)



    (3,844)

    Goodyear Shareholders' Equity

    4,930



    4,756

    Minority Shareholders' Equity — Nonredeemable

    156



    150

    Total Shareholders' Equity

    5,086



    4,906

    Total Liabilities and Shareholders' Equity

    $                       21,711



    $                       20,964

     

    Table 3: Consolidated Statements of Cash Flows





    Three Months Ended



    March 31,

    (In millions)

    2025



    2024

    Cash Flows from Operating Activities:







    Net Income (Loss)

    $        118



    $        (58)

    Adjustments to Reconcile Net Income (Loss) to Cash Flows from Operating Activities:







    Depreciation and Amortization

    270



    284

    Amortization and Write-Off of Debt Issuance Costs

    6



    3

    Provision for Deferred Income Taxes 

    (31)



    (42)

    Net Pension Curtailments and Settlements

    4



    (5)

    Net Rationalization Charges 

    81



    22

    Rationalization Payments

    (65)



    (55)

    Net (Gains) Losses on Asset Sales 

    (262)



    2

    Operating Lease Expense

    78



    85

    Operating Lease Payments

    (71)



    (69)

    Pension Contributions and Direct Payments

    (41)



    (16)

    Changes in Operating Assets and Liabilities, Net of Asset Acquisitions and Dispositions:          







    Accounts Receivable

    (431)



    (325)

    Inventories

    (365)



    (167)

    Accounts Payable — Trade

    46



    (47)

    Compensation and Benefits

    (28)



    (38)

    Other Current Liabilities

    95



    (45)

    Other Assets and Liabilities

    58



    20

    Total Cash Flows from Operating Activities

    (538)



    (451)

    Cash Flows from Investing Activities:







    Capital Expenditures

    (259)



    (318)

    Asset Dispositions

    720



    108

    Notes Receivable

    (7)



    (21)

    Other Transactions

    (22)



    —

    Total Cash Flows from Investing Activities

    432



    (231)

    Cash Flows from Financing Activities:







    Short Term Debt and Overdrafts Incurred

    409



    282

    Short Term Debt and Overdrafts Paid

    (535)



    (230)

    Long Term Debt Incurred

    5,951



    3,964

    Long Term Debt Paid

    (5,627)



    (3,332)

    Common Stock Issued

    (4)



    (3)

    Transactions with Minority Interests in Subsidiaries

    —



    (2)

    Debt Related Costs and Other Transactions

    17



    (18)

    Total Cash Flows from Financing Activities

    211



    661

    Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash

    9



    (10)

    Net Change in Cash, Cash Equivalents and Restricted Cash

    114



    (31)

    Cash, Cash Equivalents and Restricted Cash at Beginning of the Period

    864



    985

    Cash, Cash Equivalents and Restricted Cash at End of the Period

    $       978



    $       954

     

    Table 4: Reconciliation of Segment Operating Income & Margin





    Three Months Ended



    March 31,

    (In millions)

    2025



    2024

    Total Segment Operating Income

    $               195



    $              247

    Less:







    Rationalizations

    81



    22

    Interest Expense

    115



    126

    Other (Income) Expense

    25



    28

    Net (Gains) Losses on Asset Sales

    (262)



    2

    Asset Write-Offs, Accelerated Depreciation, and Accelerated Lease Costs             

    46



    51

    Corporate Incentive Compensation Plans

    16



    20

    Retained Expenses of Divested Operations

    5



    5

    Other

    38



    45

    Income (Loss) before Income Taxes

    $                131



    $               (52)

    United States and Foreign Tax Expense

    13



    6

    Less: Minority Shareholders' Net Income (Loss)

    3



    (1)

    Goodyear Net Income (Loss)

    $                115



    $               (57)









    Net Sales

    $             4,253



    $           4,537

    Return on Net Sales

    2.7 %



    -1.3 %

    Total Segment Operating Margin

    4.6 %



    5.4 %

     

    Table 5: Reconciliation of Adjusted Net Income (Loss) and Adjusted Diluted Earnings Per Share

    First Quarter 2025



    (In millions, except

    per share amounts)

    As

    Reported



    Rationalizations,

    Asset Write-offs, 

    Accelerated

    Depreciation and

    Leases



    Goodyear Forward

    Costs



    Pension

    Settlement

    Charges



    Asset and

    Other Sales



    As

    Adjusted

    Net Sales

    $           4,253



    $                                         -



    $                                 -



    $                         -



    $                         -



    $          4,253

    Cost of Goods Sold

    3,513



    (43)



    -



    -



    -



    3,470

    Gross Margin

    740



    43



    -



    -



    -



    783

























    SAG

    650



    (3)



    (2)



    -



    -



    645

    Rationalizations

    81



    (81)



    -



    -



    -



    -

    Interest Expense

    115



    -



    -



    -



    -



    115

    Other (Income) Expense

    25



    -



    (5)



    (4)



    -



    16

    Net (Gain) Loss on Asset Sales          

    (262)



    -



    -



    -



    262



    -

    Pre-tax Income (Loss)

    131



    127



    7



    4



    (262)



    7

    Taxes

    13



    23



    2



    1



    (25)



    14

    Minority Interest

    3



    1



    -



    -



    -



    4

    Goodyear Net Income (Loss)

    $              115



    $                                     103



    $                                  5



    $                          3



    $                  (237)



    $              (11)

























    EPS

    $             0.40



    $                                    0.36



    $                             0.02



    $                     0.01



    $                 (0.83)



    $           (0.04)

     

    First Quarter 2024



    (In millions, except

    per share amounts)

    As

    Reported



    Rationalizations,

    Asset Write-offs, 

    Accelerated

    Depreciation and

    Leases



    Goodyear Forward

    Costs



    Debica Fire

    Impact



    Asset and

    Other Sales



    Indirect Tax

    Settlements

    and Discrete

    Tax Items



    Pension

    Settlement

    Charges

    (Credits)



    As

    Adjusted

    Net Sales

    $        4,537



    $                                         -



    $                          -



    $                         -



    $                         -



    $                         -



    $                          -



    $        4,537

    Cost of Goods Sold

    3,715



    (43)



    -



    (14)



    -



    8



    -



    3,666

    Gross Margin

    822



    43



    -



    14



    -



    (8)



    -



    871

































    SAG

    696



    (8)



    (28)



    -



    -



    -



    -



    660

    Rationalizations

    22



    (22)



    -



    -



    -



    -



    -



    -

    Interest Expense

    126



    -



    -



    -



    -



    -



    -



    126

    Other (Income) Expense

    28



    -



    -



    -



    (8)



    2



    5



    27

    Net (Gain) Loss on Asset Sales          

    2



    -



    -



    -



    (2)



    -



    -



    -

    Pre-tax Income (Loss)

    (52)



    73



    28



    14



    10



    (10)



    (5)



    58

    Taxes

    6



    8



    7



    2



    3



    (2)



    (1)



    23

    Minority Interest

    (1)



    6



    -



    1



    -



    -



    -



    6

    Goodyear Net Income (Loss)

    $            (57)



    $                                       59



    $                        21



    $                        11



    $                          7



    $                        (8)



    $                        (4)



    $              29

































    EPS

    $         (0.20)



    $                                    0.20



    $                     0.07



    $                     0.04



    $                     0.02



    $                   (0.02)



    $                   (0.01)



    $           0.10

     

    MEDIA CONTACT: 

    DOUG GRASSIAN

    330.796.3855

    [email protected]  

    ANALYST CONTACT:  

    GREG SHANK

    330.796.5008

    [email protected]

     

    Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/goodyear-announces-q1-2025-results-completes-sale-of-dunlop-brand-302449214.html

    SOURCE The Goodyear Tire & Rubber Company

    Get the next $GT alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $GT

    DatePrice TargetRatingAnalyst
    3/31/2025$13.00Hold → Buy
    Deutsche Bank
    3/7/2025$14.00Buy
    TD Cowen
    2/18/2025$12.00Hold → Buy
    Argus
    12/20/2024$10.00Hold
    Deutsche Bank
    9/5/2024Outperform → Peer Perform
    Wolfe Research
    6/13/2024$14.00Equal-Weight
    Morgan Stanley
    12/4/2023$16.80Buy
    HSBC Securities
    11/16/2023$13.00 → $21.00Hold → Buy
    Deutsche Bank
    More analyst ratings

    $GT
    Leadership Updates

    Live Leadership Updates

    See more
    • Goodyear Celebrates the Road to the National Championship Through the 89th Goodyear Cotton Bowl Classic With Innovative Tire Art Honoring The University of Texas and The Ohio State University

      Intricately designed, handcrafted sculptures feature new Goodyear Assurance WeatherReady 2 tire tread AKRON, Ohio, Jan. 9, 2025 /PRNewswire/ -- Goodyear (NASDAQ:GT) will return to the iconic Goodyear Cotton Bowl Classic in 2025 with an exciting blend of tradition, innovation, and cutting-edge technology. Continuing its decades-long connection with college football, Goodyear's involvement in the 2025 College Football Playoff Semifinal at the 89th Goodyear Cotton Bowl Classic will feature a tribute to the passion and energy of the game through dynamic tire art, on-site activations and a showcase of its newest tire technology.

      1/9/25 11:00:00 AM ET
      $GT
      Automotive Aftermarket
      Consumer Discretionary
    • Goodyear Names Nicole Gray SVP and Chief Human Resources Officer

      Veteran Goodyear Leader Gary VanderLind to Retire AKRON, Ohio, May 29, 2024 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ:GT) today announced the planned retirement of Senior Vice President and Chief Human Resources Officer Gary VanderLind and the appointment of Nicole Gray as his replacement, effective July 1, 2024. Chief Executive Officer and President Mark Stewart said, "Gary has been part of the culture and fabric of Goodyear for nearly 40 years, starting in our company-owned retail business and then pursuing a path in Human Resources. There is nothing more im

      5/29/24 9:00:00 AM ET
      $GT
      Automotive Aftermarket
      Consumer Discretionary
    • GOODYEAR ANNOUNCES SENIOR LEADERSHIP TRANSITION: MARK STEWART TO SUCCEED RICH KRAMER AS CEO

      Kramer to Retire as Chairman, CEO and President Laurette Koellner, Independent Lead Director, Named Board Chair AKRON, Ohio, Jan. 18, 2024 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ:GT) today announced that Mark Stewart has been elected Chief Executive Officer and President, effective January 29, 2024. He will succeed Richard J. Kramer, who previously announced his planned retirement from the company following 24 years of service, including 14 as Chairman, CEO and President. On the effective date, Laurette T. Koellner, Independent Lead Director of Goodyear's Board since 2019, will become non-executive Board Chair, and Stewart will be added to the Goodyear Board as a director.

      1/18/24 6:00:00 AM ET
      $GT
      Automotive Aftermarket
      Consumer Discretionary

    $GT
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • President, Americas Waldron Ryan converted options into 3,718 shares and covered exercise/tax liability with 1,129 shares, increasing direct ownership by 18% to 17,382 units (SEC Form 4)

      4 - GOODYEAR TIRE & RUBBER CO /OH/ (0000042582) (Issuer)

      4/22/25 4:16:34 PM ET
      $GT
      Automotive Aftermarket
      Consumer Discretionary
    • SEC Form 4 filed by Director Wood Roger

      4 - GOODYEAR TIRE & RUBBER CO /OH/ (0000042582) (Issuer)

      4/16/25 4:50:01 PM ET
      $GT
      Automotive Aftermarket
      Consumer Discretionary
    • SEC Form 4 filed by Director Wessel Michael

      4 - GOODYEAR TIRE & RUBBER CO /OH/ (0000042582) (Issuer)

      4/16/25 4:46:33 PM ET
      $GT
      Automotive Aftermarket
      Consumer Discretionary

    $GT
    SEC Filings

    See more
    • SEC Form 10-Q filed by The Goodyear Tire & Rubber Company

      10-Q - GOODYEAR TIRE & RUBBER CO /OH/ (0000042582) (Filer)

      5/8/25 11:56:52 AM ET
      $GT
      Automotive Aftermarket
      Consumer Discretionary
    • SEC Form 8-K filed by The Goodyear Tire & Rubber Company

      8-K - GOODYEAR TIRE & RUBBER CO /OH/ (0000042582) (Filer)

      5/7/25 4:46:07 PM ET
      $GT
      Automotive Aftermarket
      Consumer Discretionary
    • SEC Form 8-K filed by The Goodyear Tire & Rubber Company

      8-K - GOODYEAR TIRE & RUBBER CO /OH/ (0000042582) (Filer)

      4/17/25 4:30:43 PM ET
      $GT
      Automotive Aftermarket
      Consumer Discretionary

    $GT
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Amendment: Director Mitchell Max H bought $194,000 worth of shares (25,000 units at $7.76), increasing direct ownership by 60% to 67,000 units (SEC Form 4)

      4/A - GOODYEAR TIRE & RUBBER CO /OH/ (0000042582) (Issuer)

      8/13/24 4:27:48 PM ET
      $GT
      Automotive Aftermarket
      Consumer Discretionary
    • Director Mcglade John E bought $252,206 worth of shares (31,408 units at $8.03) (SEC Form 4)

      4 - GOODYEAR TIRE & RUBBER CO /OH/ (0000042582) (Issuer)

      8/13/24 4:23:17 PM ET
      $GT
      Automotive Aftermarket
      Consumer Discretionary
    • Director Koellner Laurette T bought $205,400 worth of shares (26,000 units at $7.90) (SEC Form 4)

      4 - GOODYEAR TIRE & RUBBER CO /OH/ (0000042582) (Issuer)

      8/13/24 4:19:29 PM ET
      $GT
      Automotive Aftermarket
      Consumer Discretionary

    $GT
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more

    $GT
    Financials

    Live finance-specific insights

    See more

    $GT
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Goodyear Tire upgraded by Deutsche Bank with a new price target

      Deutsche Bank upgraded Goodyear Tire from Hold to Buy and set a new price target of $13.00

      3/31/25 7:56:07 AM ET
      $GT
      Automotive Aftermarket
      Consumer Discretionary
    • TD Cowen initiated coverage on Goodyear Tire with a new price target

      TD Cowen initiated coverage of Goodyear Tire with a rating of Buy and set a new price target of $14.00

      3/7/25 7:28:13 AM ET
      $GT
      Automotive Aftermarket
      Consumer Discretionary
    • Goodyear Tire upgraded by Argus with a new price target

      Argus upgraded Goodyear Tire from Hold to Buy and set a new price target of $12.00

      2/18/25 8:19:46 AM ET
      $GT
      Automotive Aftermarket
      Consumer Discretionary
    • Goodyear Announces Q1 2025 Results; Completes Sale of Dunlop Brand

      Goodyear Forward drives benefits of $200 million; targets reaffirmed AKRON, Ohio, May 7, 2025 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ:GT) reported first quarter 2025 results today and the company will host an investor call tomorrow morning at 8:30 a.m. eastern time led by Mark Stewart, Goodyear's chief executive officer and president, and Christina Zamarro, the company's executive vice president and chief financial officer. The management team will share insights on first quarter performance and progress on the Goodyear Forward transformation plan. "Our team

      5/7/25 4:39:00 PM ET
      $GT
      Automotive Aftermarket
      Consumer Discretionary
    • Goodyear to Announce First Quarter 2025 Financial Results

      AKRON, Ohio, May 1, 2025 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ:GT) will report first quarter 2025 financial results after market close on Wednesday, May 7, followed by an investor conference call at 8:30 a.m. ET on Thursday, May 8. The Company will publish its results on May 7, in the form of an Earnings Release and an additional presentation on its investor relations website: http://investor.goodyear.com. The following morning, the Company will host an investor call. The investor call can be accessed on the website or via telephone by calling either (800)

      5/1/25 5:01:00 PM ET
      $GT
      Automotive Aftermarket
      Consumer Discretionary
    • Goodyear Announces Q4 2024 and Full-Year 2024 Results

      Full year Goodyear net income of $70 million (24 cents per share); adjusted net income of $302 million ($1.05 per share) Fourth quarter Goodyear net income of $76 million (26 cents per share); adjusted net income of $114 million (39 cents per share) Full year Segment Operating Margin expansion across all three business units Goodyear Forward drives 2024 benefits of $480 million, exceeding plan Fourth quarter cash flows from operating activities of $1.3 billion Company reaffirms expanded Goodyear Forward targets, significant deleveraging expected in 2025 AKRON, Ohio, Feb. 13, 2025 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ:GT) reported fourth quarter 2024 results today and the

      2/13/25 5:18:00 PM ET
      $GT
      Automotive Aftermarket
      Consumer Discretionary
    • Amendment: SEC Form SC 13G/A filed by The Goodyear Tire & Rubber Company

      SC 13G/A - GOODYEAR TIRE & RUBBER CO /OH/ (0000042582) (Subject)

      11/8/24 10:52:39 AM ET
      $GT
      Automotive Aftermarket
      Consumer Discretionary
    • SEC Form SC 13G filed by The Goodyear Tire & Rubber Company

      SC 13G - GOODYEAR TIRE & RUBBER CO /OH/ (0000042582) (Subject)

      10/15/24 10:06:55 AM ET
      $GT
      Automotive Aftermarket
      Consumer Discretionary
    • SEC Form SC 13G/A filed by The Goodyear Tire & Rubber Company (Amendment)

      SC 13G/A - GOODYEAR TIRE & RUBBER CO /OH/ (0000042582) (Subject)

      2/14/24 3:03:03 PM ET
      $GT
      Automotive Aftermarket
      Consumer Discretionary

    $GT
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Goodyear Announces Q1 2025 Results; Completes Sale of Dunlop Brand

      Goodyear Forward drives benefits of $200 million; targets reaffirmed AKRON, Ohio, May 7, 2025 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ:GT) reported first quarter 2025 results today and the company will host an investor call tomorrow morning at 8:30 a.m. eastern time led by Mark Stewart, Goodyear's chief executive officer and president, and Christina Zamarro, the company's executive vice president and chief financial officer. The management team will share insights on first quarter performance and progress on the Goodyear Forward transformation plan. "Our team

      5/7/25 4:39:00 PM ET
      $GT
      Automotive Aftermarket
      Consumer Discretionary
    • Goodyear Completes Sale of Dunlop Brand

      AKRON, Ohio, May 7, 2025 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ:GT) ("Goodyear" or the "Company") has completed the previously announced sale of the Company's rights to the Dunlop brand in Europe, North America and Oceania for consumer, commercial and other specialty tires, together with certain associated intellectual property and inventory, to Sumitomo Rubber Industries, Ltd (TYO:5110) ("SRI"), effective May 7, 2025. "The sale of the Dunlop brand is another action that advances Goodyear Forward by optimizing our portfolio, reducing leverage and sharpening

      5/7/25 4:30:00 PM ET
      $GT
      Automotive Aftermarket
      Consumer Discretionary
    • Goodyear to Announce First Quarter 2025 Financial Results

      AKRON, Ohio, May 1, 2025 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ:GT) will report first quarter 2025 financial results after market close on Wednesday, May 7, followed by an investor conference call at 8:30 a.m. ET on Thursday, May 8. The Company will publish its results on May 7, in the form of an Earnings Release and an additional presentation on its investor relations website: http://investor.goodyear.com. The following morning, the Company will host an investor call. The investor call can be accessed on the website or via telephone by calling either (800)

      5/1/25 5:01:00 PM ET
      $GT
      Automotive Aftermarket
      Consumer Discretionary