|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
Edited Transcript of GT earnings conference call or presentation 28-Apr-17 1:00pm GMT
on April 29, 2017 at 12:10 pm
Q1 2017 Goodyear Tire & Rubber Co Earnings Ca […]
[$$] Starbucks shares slide as sales metric disappoints
on April 28, 2017 at 8:54 pm
Starbucks saw its shares slide on Friday after a key sales metric at the coffee chain grew at slower pace than Wall Street analysts had forecast. Shares in the Seattle-based company fell 2 per cent to ... […]
Goodyear (GT) Earnings, Revenues Beat Estimates in Q1
on April 28, 2017 at 6:26 pm
The Goodyear Tire & Rubber Company (GT) reported 2.8% increase in adjusted earnings per share to 74 cents in first-quarter 2017 from 72 cents recorded a year ago. Moreover, earnings surpassed the Zacks Consensus Estimate of 63 cents. […]
Goodyear Tire profit beats estimates on price hikes
on April 28, 2017 at 3:08 pm
Goodyear Tire & Rubber Co reported quarterly profit that beat estimates, as the company sold tires at higher prices while keeping a lid on its costs. The No.1 US tire maker also reaffirmed its outlook for segment operating income of $2 billion in 2017 and $3 billion by 2020. The Akron, Ohio-based company has hiked tire prices twice this year, helping it partly offset higher raw material costs in the first quarter. […]
Goodyear (GT) Q1 Earnings and Sales Beat Estimates
on April 28, 2017 at 1:58 pm
The Goodyear Tire & Rubber Company (GT) reported adjusted earnings of 74 cents per share in the first quarter of 2017, surpassing the Zacks Consensus Estimate of 63 cents. […]