| 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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Earnings Preview: Goodyear (GT) Q1 Earnings Expected to Decline
on April 19, 2019 at 2:30 pm
Goodyear (GT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. […]
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Goodyear to Announce First Quarter 2019 Financial Results
on April 17, 2019 at 8:30 pm
AKRON, Ohio , April 17, 2019 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) will report first quarter 2019 financial results on Friday, April 26, to be followed by an investor conference ... […]
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North American IT Managed Services on Target to Become a $261.5 Billion Market
on April 17, 2019 at 12:50 pm
HOUSTON, TX / ACCESSWIRE / April 17, 2019 / As information technology evolves, it's helping to create simpler, more efficient solutions for businesses around the world. According to Research and Markets, the global managed service market could see a CAGR of 11.23% over the next three years thanks to new technological advancements. Along the way, it's creating sizable opportunity for companies such as Nerds on Site Inc. (CSE: NERD)(OTCQB: NOSUF),Canadian Tire Corporation Ltd. (TO: CTC-A)(OTC: CDNAF), and Goodyear Tire & Rubber Co. (NASDAQ: GT). […]
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Goodyear CTO to Deliver Keynote on Future Mobility Trends at Global Tire Industry Conference
on April 9, 2019 at 6:00 pm
AKRON, Ohio, April 9, 2019 /PRNewswire/ -- Goodyear's Chief Technology Officer Chris Helsel will present the keynote address at the 35th Annual Clemson University Global Tire Industry Conference on Hilton Head Island, South Carolina, on April 11. […]
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Goodyear Declares Dividend on Common Stock
on April 9, 2019 at 1:00 pm
AKRON, Ohio , April 9, 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 ... […]
NASDAQ: GT
