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NASDAQ: GT
Goodyear Tire & Rubber Co Stock

$11.93-0.12 (-1%)
Updated Apr 24, 2024
GT Price
$11.93
Fair Value Price
-$7.95
Market Cap
$3.39B
52 Week Low
$10.12
52 Week High
$16.51
P/E
-4.93x
P/B
0.73x
P/S
0.2x
PEG
N/A
Dividend Yield
N/A
Revenue
$20.07B
Earnings
-$687.00M
Gross Margin
17.5%
Operating Margin
-0.72%
Profit Margin
-3.4%
Debt to Equity
3.59
Operating Cash Flow
$1B
Beta
1.45
Next Earnings
May 2, 2024
Ex-Dividend
N/A
Next Dividend
N/A

GT Overview

The Goodyear Tire & Rubber Company, together with its subsidiaries, develops, manufactures, distributes, and sells tires and related products and services worldwide. It offers various lines of tires for automobiles, trucks, buses, aircraft, motorcycles, earthmoving equipment, and mining and industrial equipment under the Goodyear, Cooper, Dunlop, Kelly, Debica, Sava, Fulda, Mastercraft, Roadmaster, and various other house brands, as well as under the private-label brands. The company also retreads truck, aviation, and off-the-road tires; manufactures and sells tread rubber and other tire retreading materials; sells chemical and natural rubber products; and provides automotive and commercial truck maintenance and repair services, and miscellaneous other products and services. It operates approximately 1,000 retail outlets, which offer products for retail sale, and provides repair and other services. The company sells its products worldwide through a network of independent dealers, regional distributors, retail outlets, and retailers. The Goodyear Tire & Rubber Company was incorporated in 1898 and is headquartered in Akron, Ohio.

Zen Score

Industry Average (33)
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Due Diligence Checks

GT ($11.93) is overvalued by 250.05% relative to our estimate of its Fair Value price of -$7.95 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
GT ($11.93) is not significantly undervalued (250.05%) relative to our estimate of its Fair Value price of -$7.95 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
GT is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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Valuation

GT fair value

Fair Value of GT stock based on Discounted Cash Flow (DCF)
Price
$11.93
Fair Value
-$7.95
Undervalued by
250.05%
GT ($11.93) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
GT ($11.93) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
GT is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

GT price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-4.93x
Industry
-163.02x
Market
41.27x

GT price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
0.73x
Industry
1.8x
GT is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

GT's financial health

Profit margin

Revenue
$5.1B
Net Income
-$296.0M
Profit Margin
-5.8%
GT's Earnings (EBIT) of -$145.00M... subscribe to Premium to read more.
Interest Coverage Financials
GT's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$21.6B
Liabilities
$16.7B
Debt to equity
3.59
GT's short-term assets ($7.65B) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
GT's long-term liabilities ($9.60B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
GT's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
GT's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$1.2B
Investing
-$217.0M
Financing
-$1.1B
GT's operating cash flow ($1.03B)... subscribe to Premium to read more.
Debt Coverage Financials

GT vs Auto Part Stocks

TickerMarket Cap1d %P/EP/B
GT$3.39B-1.00%-4.93x0.73x
VC$3.06B+1.21%6.42x2.94x
DORM$2.79B-0.45%21.85x2.39x
QS$2.72B-1.97%-5.71x2.03x
ADNT$2.71B+2.59%13.08x1.19x

Goodyear Tire & Rubber Co Stock FAQ

What is Goodyear Tire & Rubber Co's quote symbol?

(NASDAQ: GT) Goodyear Tire & Rubber Co trades on the NASDAQ under the ticker symbol GT. Goodyear Tire & Rubber Co stock quotes can also be displayed as NASDAQ: GT.

If you're new to stock investing, here's how to buy Goodyear Tire & Rubber Co stock.

What is the 52 week high and low for Goodyear Tire & Rubber Co (NASDAQ: GT)?

(NASDAQ: GT) Goodyear Tire & Rubber Co's 52-week high was $16.51, and its 52-week low was $10.12. It is currently -27.72% from its 52-week high and 17.89% from its 52-week low.

How much is Goodyear Tire & Rubber Co stock worth today?

(NASDAQ: GT) Goodyear Tire & Rubber Co currently has 283,954,995 outstanding shares. With Goodyear Tire & Rubber Co stock trading at $11.93 per share, the total value of Goodyear Tire & Rubber Co stock (market capitalization) is $3.39B.

Goodyear Tire & Rubber Co stock was originally listed at a price of $63.63 in Dec 31, 1997. If you had invested in Goodyear Tire & Rubber Co stock at $63.63, your return over the last 26 years would have been -81.25%, for an annualized return of -6.24% (not including any dividends or dividend reinvestments).

How much is Goodyear Tire & Rubber Co's stock price per share?

(NASDAQ: GT) Goodyear Tire & Rubber Co stock price per share is $11.93 today (as of Apr 24, 2024).

What is Goodyear Tire & Rubber Co's Market Cap?

(NASDAQ: GT) Goodyear Tire & Rubber Co's market cap is $3.39B, as of Apr 25, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Goodyear Tire & Rubber Co's market cap is calculated by multiplying GT's current stock price of $11.93 by GT's total outstanding shares of 283,954,995.
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