| 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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How Does The Goodyear Tire & Rubber Company (NASDAQ:GT) Fare As A Dividend Stock?
on June 14, 2019 at 11:19 am
Is The Goodyear Tire & Rubber Company (NASDAQ:GT) a good dividend stock? How would you know? Dividend paying companies... […]
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Goodyear Highlights Evolving Commitment to Corporate Responsibility in Annual Report
on June 11, 2019 at 1:15 pm
- Goodyear's 23rd annual corporate responsibility report summarizes its continuous improvement actions across its global operations. - Goodyear continues efforts to sustainably source raw materials, foster a culture of safety and health, shape the mobility revolution and increase talent engagement. AKRON, Ohio, June 11, 2019 /PRNewswire/ -- The Goodyear Tire & Rubber Company (GT) today released its annual report on corporate responsibility performance. […]
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See what the IHS Markit Score report has to say about Goodyear Tire & Rubber Co.
on June 11, 2019 at 12:00 pm
Goodyear Tire & Rubber Co NASDAQ/NGS:GTView full report here! Summary * Perception of the company's creditworthiness is negative but improving * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for GT with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting GT. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold GT had net inflows of $4.56 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator with a strengthening bias over the past 1-month. GT credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report. […]
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Goodyear Recognized by General Motors and Ford for Excellence in Original Equipment
on June 6, 2019 at 3:30 pm
AKRON, Ohio, June 6, 2019 /PRNewswire/ -- The Goodyear Tire & Rubber Company (GT) has been recognized as a top performing global supplier by both The Ford Motor Company and General Motors for achieving the highest levels of excellence in the industry as an original equipment supplier. Goodyear was honored as a top performing global supplier with Ford's World Excellence Award on May 21, at the 21st annual Ford World Excellence Awards in Dearborn, Michigan. […]
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Why Goodyear Tire & Rubber Shares Fell 30% in May
on June 5, 2019 at 3:22 am
The tire maker's stock has been sliding for nearly 18 months now, but the pace quickened last month. […]
NASDAQ: GT
