| 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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3 Great Stocks Under $10
on October 23, 2020 at 10:51 am
A stock's price doesn't normally mean much from an investment standpoint, whether it's $10 or $10,000, because its market cap is just shares outstanding times stock price. My three top stocks below $10 are Ford (NYSE: F), Goodyear Tire & Rubber (NASDAQ: GT), and Lions Gate Entertainment (NYSE: LGF.A), which are all turnaround stories in one way or another. If Ford was only a traditional auto manufacturer, I wouldn't be interested in the stock. […]
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Goodyear To Announce Third Quarter 2020 Financial Results
on October 20, 2020 at 9:45 pm
The Goodyear Tire & Rubber Company (NASDAQ: GT) will report third quarter 2020 financial results on Friday, Oct. 30, to be followed by an investor conference call at 9:15 a.m. EDT. […]
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Why Is Goodyear (GT) Up 1.5% Since Last Earnings Report?
on August 30, 2020 at 3:30 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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Goodyear Down 37% YTD: Can Growth Efforts Revive the Stock?
on August 27, 2020 at 12:03 pm
Soaring raw material costs, high leverage and weak demand amid the coronavirus crisis are ailing Goodyear Tire (GT). […]
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Facing Trump criticism, Goodyear says employees can wear clothes supporting police
on August 21, 2020 at 2:58 am
Goodyear Tire Chief Executive Rich Kramer said on Thursday the company had clarified its policy to make clear employees can wear apparel expressing support for law enforcement after it faced a boycott call from U.S. President Donald Trump. The Republican president, who is seeking a second term in office, told reporters on Wednesday he would swap out the Goodyear tires on his presidential limousine if there were an alternative. Goodyear on Thursday said it had a longstanding policy of asking employees of refraining from working place expressions of support for any political candidates. […]
NASDAQ: GT
