| 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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(AZO) blew past expectations for sales in its latest quarter, news that lifted the stock by 8% on Tuesday morning. If AutoZone (ticker: AZO) closes around the $1,268 level it reached in morning trading, it would mark a record for the stock. Shares in the auto-parts retailer are up 49% year to date, far surpassing gains in competitors’ stocks. […]
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Hera Kitwan Siu Elected to Goodyear Board
on December 9, 2019 at 9:15 pm
Hera Kitwan Siu, chief executive officer, Greater China, for Cisco Systems, Inc., has been elected to the board of directors of The Goodyear Tire & Rubber Company (NASDAQ: GT). […]
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Hedge Funds Are Undecided About The Goodyear Tire & Rubber Company (GT)
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Goodyear Tire (GT) Commences New Pilot Program With Redspher
on December 5, 2019 at 2:50 pm
Goodyear Tire (GT) teams up with Redspher to "fast-capture" pertinent data owing to the high-mileage use of the vehicles. […]
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Goodyear Begins Intelligent Tire Pilot with European Fleets
on December 4, 2019 at 6:00 pm
The Goodyear Tire & Rubber Company (NASDAQ: GT) has initiated a new pilot program with Redspher, a transport and logistics group operating in 19 countries throughout Europe, aligning with the company's focus on providing mobility solutions to fleets. […]
NASDAQ: GT
