|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
Goodyear to Announce Third Quarter 2019 Financial Results
on October 17, 2019 at 8:30 pm
AKRON, Ohio , Oct. 17, 2019 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) will report third quarter 2019 financial results on Friday, Oct. 25 , to be followed by an investor conference ... […]
Newsweek's 2020 List of America's Best Customer Service Companies Honors Goodyear Auto Service
on October 15, 2019 at 6:15 pm
Newsweek partnered with analytics firm Statista to survey more than 20,000 U.S. customers who have either made purchases, used services or gathered information about products or services in the past three years. The results provided information about brick and mortar stores, online retailers and service providers from 160 categories, spanning a broad spectrum of customer experiences. The final list, which recognizes the top three brands in each category, was announced on Newsweek.com on Oct. 14 and will be published in an upcoming print edition of Newsweek magazine. […]
3 Long-Term Payers Declare Quarterly Dividends
on October 9, 2019 at 7:17 pm
These companies have rewarded shareholders for more than 2 decades Continue reading... […]
Goodyear Declares Dividend on Common Stock
on October 8, 2019 at 8:30 pm
AKRON, Ohio , Oct. 8, 2019 /PRNewswire/ -- Directors of The Goodyear Tire & Rubber Company (NASDAQ: GT) have declared a quarterly dividend of 16 cents per share of common stock. The dividend is payable ... […]
Should The Goodyear Tire & Rubber Company’s (NASDAQ:GT) Weak Investment Returns Worry You?
on October 4, 2019 at 1:32 pm
Today we'll evaluate The Goodyear Tire & Rubber Company (NASDAQ:GT) to determine whether it could have potential as an... […]