| 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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Why Is Goodyear (GT) Down 24.4% Since Last Earnings Report?
on August 25, 2019 at 1:30 pm
Goodyear (GT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues. […]
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US auto and parts makers want swift resolution to US-China trade differences
on August 23, 2019 at 7:33 pm
U.S. auto and auto parts manufacturers are encouraging the U.S. and Chinese governments to work out their differences in response to China’s announcement Friday that it would reinstate tariffs on imported U.S. automobiles and parts. […]
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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 August 21, 2019 at 8:21 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. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future. […]
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Zacks Value Trader Highlights: GLD, VNQ, PVH, G-III Apparel and Goodyear Tire & Rubber Company
on August 16, 2019 at 12:57 pm
Zacks Value Trader Highlights: GLD, VNQ, PVH, G-III Apparel and Goodyear Tire & Rubber Company […]
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Stocks are on Sale: Should You Buy?
on August 15, 2019 at 3:05 am
A bunch of stocks are trading with single digit P/Es and juicy dividends. Time to go shopping? […]
NASDAQ: GT
