| Price Range 12mo avg: | $1M – $2.2M |
|---|---|
| $/sf 12mo avg: | $208.06 |
| CAP Rate 12mo avg: | 6.53% |
| NOI average: | $107,674 |
| Lease Terms: | 25yrs NNN |
| Building Size avg: | 9,200 SF |
| Lot Size avg: | 1+/- acres |
The Goodyear Tire & Rubber Company is one of the world’s leading manufacturers of tires, with one of the most recognizable brand names in the world and operations in most regions of the world. We have a broad global footprint with 50 manufacturing facilities in 22 countries, including the United States. We operate our business through four operating segments representing our regional tire businesses: North America; Europe, Middle East and Africa; Latin America; and Asia Pacific.
The Goodyear Tire & Rubber Company was founded in 1898 by Frank Seiberling and based in Akron, Ohio. Goodyear manufactures tires for automobiles, commercial trucks, light trucks, SUVs, race cars, airplanes, farm equipment and heavy earth-mover machinery.
The company was named after Charles Goodyear, inventor of vulcanized rubber. The first Goodyear tires became popular because they were easily detachable and required little maintenance.
Goodyear is also known for the Goodyear Blimp. The first Goodyear blimp flew in 1925. Today it is one of the most recognizable advertising icons in America. The company is the most successful tire supplier in Formula One history, with more starts, wins, and constructors’ championships than any other tire supplier. They pulled out of the sport after the 1998 season. It is the sole tire supplier for NASCAR series.
| S&P Credit Rating: | BB- |
|---|---|
| Moody’s Credit Rating: | Ba3 |
| Annual Revenue 2014: | $18.1B |
| Annual Revenue 2013: | $19.5B |
| Revenue Growth: | ↓ 7.2% from 2013 |
| Net Income | $2.44 |
| Units (Dec. 2014) | 1,200 |
| Average Units Volume: | $15.1M |
Yahoo! Finance: GT News Latest Financial News for GT
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Were Hedge Funds Right About The Goodyear Tire & Rubber Company (GT)?
on July 13, 2020 at 6:02 pm
We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have to conduct complex analyses, spend many resources and use tools that are not […]
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Goodyear Develops Additional Fitments For New, All-Electric Porsche Taycan
on July 10, 2020 at 2:00 pm
The Goodyear Tire & Rubber Company (NASDAQ: GT) will provide two additional fitments for the popular Porsche Taycan. […]
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Goodyear Tire & Rubber Company (The) -- Moody's announces completion of a periodic review of ratings of Goodyear Tire & Rubber Company (The)
on July 2, 2020 at 3:24 pm
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Goodyear Tire & Rubber Company (The) and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. […]
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Compagnie Gener. des Etablissements Michelin -- Moody's withdraws Michelin's short-term Prime-2 ratings due to Moody's own business reasons
on June 30, 2020 at 9:24 pm
Moody's Investors Service, ("Moody's") has today withdrawn the short-term Prime-2 (P-2) ratings of Compagnie Generale des Etablissements Michelin (CGEM, or Michelin) and Compagnie Financiere Michelin SCmA (CFM), a wholly owned subsidiary of CGEM. Please refer to the Moody's Investors Service Policy for Withdrawal of Credit Ratings, available on its website, www.moodys.com. On 14 May 2020, Moody's affirmed all ratings of Michelin, including the A3 long-term issuer ratings of CGEM and CFM and the P-2 short-term issuer ratings of both entities. […]
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Auto Stock Roundup: CMI-NPROXX JV, GT-Lordstown Motors Alliance & More
on June 29, 2020 at 12:55 pm
While Cummins (CMI) teams up with NPROXX for hydrogen storage tanks, Goodyear Tire (GT) and Lordstown Motors partner for tires and services. […]
NASDAQ: GT
