| 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
-
Goodyear (City of) AZ -- Moody's assigns Aa1 to Goodyear, AZ's GO Refunding Bonds, Series 2020; affirms Aa1 outstanding GOULT bonds; upgrades outstanding excise tax bonds to Aa2; outlook stable
on February 22, 2020 at 12:05 am
Moody's Investors Service has assigned a Aa1 rating to the City of Goodyear, AZ's $9.6 million General Obligation Refunding Bonds, Series 2020. Concurrently, we affirmed the city's outstanding GO Unlimited Tax (GOULT) bonds at Aa1, affecting approximately $103.2 million of debt outstanding. Additionally, we upgraded the Goodyear Public Improvement Corporation's outstanding municipal facilities revenue refunding bonds to Aa2 from Aa3, affecting approximately $82.1 million in debt outstanding. […]
-
Goodyear to Present at Wolfe Research Investor Conference
on February 20, 2020 at 1:11 am
The Goodyear Tire & Rubber Company (NASDAQ: GT) today said it will webcast its presentation at the 2020 Wolfe Research Global Auto, Auto Tech and Mobility Conference in New York on Feb. 26, 2020. […]
-
The Zacks Analyst Blog Highlights: Toyota, Honda, Tesla, Goodyear Tire and AutoNation
on February 14, 2020 at 3:35 pm
The Zacks Analyst Blog Highlights: Toyota, Honda, Tesla, Goodyear Tire and AutoNation […]
-
Goodyear Unveils New Brand Campaign that Champions the Power of Forward Movement
on February 14, 2020 at 2:00 pm
The Goodyear Tire & Rubber Company (NASDAQ: GT) announced a new brand campaign that underscores its more than 120-year commitment to the discovery, growth and possibility that is fueled by mobility. […]
-
Auto Stock Roundup: TM Beats, HFC Misses, TSLA Issues Recall & More
on February 13, 2020 at 3:31 pm
While Toyota (TM) tops earnings estimates in third-quarter fiscal 2020, Honda (HMC) lags the same. Meanwhile, Tesla (TSLA) issues recall for most of the Model X SUVs built before mid-October 2016. […]
NASDAQ: GT
