|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
See what the IHS Markit Score report has to say about Goodyear Tire & Rubber Co.
on February 20, 2018 at 1:00 pm
Goodyear Tire & Rubber Co NASDAQ/NGS:GT […]
Legacy of Goodyear and Dale Earnhardt Jr. Brought to Life in New Ad
on February 14, 2018 at 3:30 pm
Goodyear brings that sentiment to life with a new piece of advertising celebrating the legacy of Dale Earnhardt Jr. and his drive to honor his name. Goodyear's new commercial "Make a Name" highlights the relationship between Goodyear and Earnhardt Jr., and underscores the power of a name. With the commercial set to the late Jim Croce's iconic song "I Got a Name" – fittingly covered by his son, A.J. Croce – the ad features Goodyear's history with the Earnhardt family. […]
Factors of Influence in 2018, Key Indicators and Opportunity within Electronic Arts, The Goodyear Tire & Rubber, Wendy's, Collegium Pharmaceutical, IAC/InterActiveCorp, and Endurance International Group — New Research Emphasizes Economic Growth
on February 14, 2018 at 1:10 pm
NEW YORK, Feb. 14, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Electronic ... […]
Goodyear Tire and Rubber and Newfield Exploration Fell
on February 9, 2018 at 1:06 pm
How Did US Markets Perform on February 8? […]
Goodyear cuts 2020 forecast as raw material costs rise
on February 8, 2018 at 4:57 pm
About two-thirds of Goodyear's raw materials are oil-based derivatives and the 19 percent rise in oil prices in the last year has weighed on the company's expenses. The company, which counts Japan's Bridgestone Corp and France's Michelin as its rivals, had hiked tire prices last year to counter these costs, which led wholesalers to hoard tires, in turn, dampening demand. Goodyear, the biggest U.S. tire maker, expects a negative impact of $105 million due to raw materials in the current quarter. […]