| 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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4 Sector ETFs & Stocks to Bet on Q4 Earnings
on January 12, 2021 at 4:10 pm
Sectors with positive earnings growth in Q4 include autos (86.3% earnings growth), construction (27.2%), basic materials (7.6%), medical (6.3%), and aerospace (4.4%). […]
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Goodyear Continues To Support Local Children's Hospitals At 85th Goodyear Cotton Bowl Classic
on December 29, 2020 at 2:00 pm
For the 85th annual Goodyear Cotton Bowl Classic, title sponsor Goodyear will continue to support Scottish Rite for Children and Children's HealthSM hospitals with a $20,000 donation and special in-game tribute for pediatric patients and hardworking healthcare workers at these hospitals. […]
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Goodyear And SafeAI Announce Tire Intelligence For Autonomous Heavy Equipment
on December 10, 2020 at 7:00 pm
The Goodyear Tire & Rubber Company (NASDAQ: GT) and SafeAI, a pioneer in autonomous heavy equipment, today announced a strategic relationship to incorporate tire intelligence into the programming of autonomous heavy equipment vehicles. […]
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Goodyear Innovation Challenge Inspires Students To Build Future Mobility
on December 8, 2020 at 2:00 pm
A collaboration between The Goodyear Tire & Rubber Company's ((NASDAQ: GT)) Akron Innovation Lab and Case Western Reserve University offers college and graduate students an opportunity to design the future via a virtual competition focused on the mobility ecosystem. […]
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Goodyear Launches Fleet Central, An Interactive Portal That Revolutionizes The Way Fleets Manage Their Tires
on December 7, 2020 at 7:00 pm
The Goodyear Tire & Rubber Company (NASDAQ: GT) has launched Fleet Central to help fleets maximize efficiencies for their tires, one of their largest maintenance expenses. The new interactive portal allows fleets to purchase tires, activate service and gain unparalleled insight into their tire program – all in one place. […]
NASDAQ: GT
