|Price Range 12mo avg:||$1M – $2.2M|
|$/sf 12mo avg:||$208.06|
|CAP Rate 12mo avg:||6.53%|
|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|
|Units (Dec. 2014)||1,200|
|Average Units Volume:||$15.1M|
Yahoo! Finance: GT News Latest Financial News for GT
Record-setting Aviator to Christen Newest Goodyear Blimp - Wingfoot Three
on August 14, 2018 at 3:30 pm
AKRON, Ohio, Aug. 14, 2018 /PRNewswire/ -- The Goodyear Tire & Rubber Company (GT) announced today that Shaesta Waiz, the youngest woman to fly solo around the world in a single-engine aircraft, will christen Wingfoot Three, the newest addition to its fleet of world-famous Goodyear blimps. The ceremony will be held on Aug. 30 at 2 p.m. ET at Goodyear's Wingfoot Lake Hangar which is celebrating its 100th anniversary this year. "We're delighted to have Shaesta serve as the christener of our newest blimp," said Goodyear Chairman, Chief Executive Officer and President Richard J. Kramer. […]
Deflated: 3 Reasons Why Morgan Stanley Turned Neutral On Goodyear
on August 13, 2018 at 2:04 pm
The long-term growth projections for Goodyear Tire & Rubber Company (NASDAQ: GT ) remain steady, but do little to impact the stock in the next 12 months, according to Morgan Stanley. The Analyst Morgan ... […]
New Research Coverage Highlights Electronic Arts, Agree Realty, Dana, Southwest Airlines, Boston Properties, and The Goodyear Tire & Rubber — Consolidated Revenues, Company Growth, and Expectations for 2018
on August 6, 2018 at 12:25 pm
NEW YORK, Aug. 06, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Electronic ... […]
Edited Transcript of GT earnings conference call or presentation 27-Jul-18 1:00pm GMT
on August 4, 2018 at 5:19 am
Q2 2018 Goodyear Tire & Rubber Co Earnings Ca […]
Best Low P/E Stocks to Buy Today
on July 31, 2018 at 12:36 pm
These aren't high-growth stocks, but they generate the cash that should help investors sleep at night. […]