The Goodyear Tire & Rubber Company

Symbol: GTR.DE




Market price today

  • -5.7626

    P/E Ratio

  • 0.0827

    PEG Ratio

  • 3.65B

    MRK Cap

  • 0.00%

    DIV Yield

The Goodyear Tire & Rubber Company (GTR-DE) Stock Price & Analysis

Shares Outstanding


Gross Profit Margin


Operating Profit Margin


Net Profit Margin


Return on Assets


Return on Equity


Return on Capital Employed


Company general description and statistics

Sector: Consumer Cyclical
Industry: Auto Parts
CEO:Mr. Richard Joseph Kramer
Full-time employees:74000
Address:200 Innovation Way

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.

General Outlook

When we look at how much money they make before expenses, they keep 0.175% as profit. This shows they're good at controlling costs and are financially stable. Their operating profit, which is money made from regular business activities, is 0.028%. This means they run their business efficiently. Lastly, after paying all their bills, they still have a profit of -0.034%. This tells us they're good at keeping money after all costs.

Return on Investments

The company's asset efficiency, represented by a robust -0.032% return, is a testament to The Goodyear Tire & Rubber Company's adeptness in optimizing resource deployment. The Goodyear Tire & Rubber Company's utilization of its assets to generate profits is strikingly evident through a noteworthy return on equity of -0.137%. Furthermore, the proficiency of The Goodyear Tire & Rubber Company in capital utilization is underscored by a remarkable 0.039% return on capital employed.

Stock Prices

The Goodyear Tire & Rubber Company's stock prices have been subject to undulating patterns. The peak stock value during this interval surged to $11, while its low point bottomed out at $10.81. This variance in figures offers investors a lucid insight into the roller-coaster ride that is The Goodyear Tire & Rubber Company's stock market.

Liquidity Ratios

Analyzing GTR.DE liquidity ratios reveals its financial health of the firm. The current ratio of 107.04% gauges short-term asset coverage for liabilities. The quick ratio (50.83%) assesses immediate liquidity, while the cash ratio (12.62%) indicates cash reserves.

Current Ratio107.04%
Quick Ratio50.83%
Cash Ratio12.62%

Profitability Ratios

GTR.DE profitability indicators offer a lens into its earnings landscape. A pretax profit margin of -3.37% underscores its earnings before tax deductions. The effective tax rate stands at -1.48%, revealing its tax efficiency. The net income per EBT, 101.48%, and the EBT per EBIT, -118.77%, provide insights into its earnings hierarchy. Lastly, with an EBIT per revenue ratio of 2.84%, we grasp its operational profitability.

Pretax Profit Margin-3.37%
Effective Tax Rate-1.48%
Net Income per EBT101.48%
EBT per EBIT-118.77%
EBIT per Revenue2.84%

Operational Efficiency

Operational metrics shed light on its business agility. With an operating cycle of 1.07, it details the span from stock purchase to revenue. The 1 days it takes to settle debts showcases its creditor relations.

Days of Sales Outstanding51
Days of Inventory Outstanding82
Operating Cycle131.20
Days of Payables Outstanding95
Cash Conversion Cycle36
Receivables Turnover7.35
Payables Turnover3.83
Inventory Turnover4.48
Fixed Asset Turnover2.12
Asset Turnover0.93

Cash Flow Ratios

Peering into the cash flow metrics reveals liquidity and operational efficiency. The operating cash flow per share, 3.62, and free cash flow per share, -0.06, depict cash generation on a per-share basis. The cash per share value, 3.16, showcases liquidity position. Lastly, the operating cash flow sales ratio, 0.05, offers insight into cash flow relative to sales.

Operating Cash Flow per Share3.62
Free Cash Flow per Share-0.06
Cash per Share3.16
Operating Cash Flow Sales Ratio0.05
Free Cash Flow to Operating Cash Flow Ratio-0.02
Cash Flow Coverage Ratio0.12
Short Term Coverage Ratio1.04
Capital Expenditure Coverage Ratio0.98
Dividend Paid and Capex Coverage Ratio0.98

Debt and Leverage Ratios

Diving into debt and leverage metrics unveils the company's financial structure. The debt ratio, at 40.08%, highlights its total liabilities relative to assets. With a debt-equity ratio of 1.85, we discern the balance between debt and equity financing. The long-term debt to capitalization, 62.12%, and total debt to capitalization, 64.95%, ratios shed light on its capital structure. An interest coverage of 1.07 indicates its ability to manage interest expenses.

Debt Ratio40.08%
Debt Equity Ratio1.85
Long Term Debt to Capitalization62.12%
Total Debt to Capitalization64.95%
Interest Coverage1.07
Cash Flow to Debt Ratio0.12
Company Equity Multiplier4.62

Per Share Data

Speaking about the per share data offers a perceptive view of financial distribution. The revenue per share, 70.41, provides a glimpse into top-line earnings distributed across each share. Net income per share, -2.42, reflects the portion of profit attributed to each share. The book value per share, 16.38, represents the net asset value distributed per share, while the tangible book value per share, 10.83, excludes intangible assets.

Revenue Per Share70.41
Net Income Per Share-2.42
Book Value Per Share16.38
Tangible Book Value Per Share10.83
Shareholders Equity Per Share16.38
Interest Debt Per Share32.21
Capex Per Share-3.68

Growth Ratios

Delving into growth metrics provides a snapshot of financial expansion. The revenue growth rate, 19.04%, indicates top-line expansion, while the gross profit growth, 1.74%, reveals profitability trends. EBIT growth, -11.08%, and operating income growth, -11.08%, offer insights into operational profitability progression. The net income growth, -73.56%, showcases bottom-line expansion, and the EPS growth, -75.68%, measures the growth in earnings per share.

Revenue Growth19.04%
Gross Profit Growth1.74%
EBIT Growth-11.08%
Operating Income Growth-11.08%
Net Income Growth-73.56%
EPS Growth-75.68%
EPS Diluted Growth-75.43%
Weighted Average Shares Growth8.81%
Weighted Average Shares Diluted Growth8.33%
Operating Cash Flow Growth-50.94%
Free Cash Flow Growth-766.67%
10-Year Revenue Growth per Share-14.50%
5-Year Revenue Growth per Share18.63%
3-Year Revenue Growth per Share15.76%
10-Year Operating CF Growth per Share-56.70%
5-Year Operating CF Growth per Share-60.55%
3-Year Operating CF Growth per Share-64.59%
10-Year Net Income Growth per Share-17.80%
5-Year Net Income Growth per Share-48.81%
3-Year Net Income Growth per Share155.80%
10-Year Shareholders Equity Growth per Share1135.73%
5-Year Shareholders Equity Growth per Share0.95%
3-Year Shareholders Equity Growth per Share-0.06%
10-Year Dividend per Share Growth per Share-100.00%
5-Year Dividend per Share Growth per Share-100.00%
3-Year Dividend per Share Growth per Share-100.00%
Receivables Growth9.34%
Inventory Growth27.18%
Asset Growth4.81%
Book Value per Share Growth-2.57%
Debt Growth5.82%

Other Metrics

Venturing into other key metrics unveils diverse facets of financial performance. The enterprise value, 11,804,679,520, captures the company's total value, considering both debt and equity. Income quality, -1.50, assesses the reliability of reported earnings. The ratio of intangibles to total assets, 8.11%, indicates the value of non-physical assets, and capex to operating cash flow, -101.74%, measures reinvestment capability.

Enterprise Value11,804,679,520
Income Quality-1.50
Research and Development to Revenue2.08%
Intangibles to Total Assets8.11%
Capex to Operating Cash Flow-101.74%
Capex to Revenue-5.23%
Capex to Depreciation-104.90%
Stock-Based Compensation to Revenue0.09%
Graham Number29.85
Return on Tangible Assets-3.47%
Graham Net Net-41.91
Working Capital503,000,000
Tangible Asset Value3,087,000,000
Net Current Asset Value-9,095,000,000
Invested Capital2
Average Receivables2,670,500,000
Average Payables4,564,500,000
Average Inventory4,134,500,000
Days Sales Outstanding50
Days Payables Outstanding95
Days of Inventory On Hand82

Valuation Ratios

Exploring the valuation ratios offers insights into perceived market value. The price to book value ratio, 0.85, and the price to book ratio, 0.85, reflect the market's valuation relative to the company's book value. The price to sales ratio, 0.20, provides a perspective on valuation in relation to sales. Ratios like price to free cash flows, -219.28, and price to operating cash flows, 3.84, gauge market valuation against cash flow metrics.

Price Book Value Ratio0.85
Price to Book Ratio0.85
Price to Sales Ratio0.20
Price Cash Flow Ratio3.84
Price Earnings to Growth Ratio0.08
Enterprise Value Multiple-2.42
Price Fair Value0.85
Price to Operating Cash Flow Ratio3.84
Price to Free Cash Flows Ratio-219.28
Price to Tangible Book Ratio0.87
Enterprise Value to Sales0.59
Enterprise Value Over EBITDA7.51
EV to Operating Cash Flow11.44
Earnings Yield-16.98%
Free Cash Flow Yield-0.44%
Trusted project
“All information displayed on the site is verified. High quality project and financial performance”
Eugene Alexeev
NumFin Founder and investing enthusiast

Frequently Asked Question

How many company shares are outstanding in 2024?

There are stock number shares outstanding of The Goodyear Tire & Rubber Company (GTR.DE) on the XETRA in 2024.

What is P/E ratio of enterprise in 2024?

The current P/E ratio of enterprise is -5.763 in 2024.

What is the ticker symbol of The Goodyear Tire & Rubber Company stock?

The ticker symbol of The Goodyear Tire & Rubber Company stock is GTR.DE.

What is company IPO date?

IPO date of The Goodyear Tire & Rubber Company is 2022-11-10.

What is company current share price?

Current share price is 12.886 EUR.

What is stock market cap today?

The market cap of stock today is 3653799528.000.

What is PEG ratio in 2024?

The current 0.083 is 0.083 in 2024.

What is the number of employees in 2024?

In 2024 the company has 74000.