| 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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Goodyear Recognized by Subaru for Excellent Performance
on May 24, 2018 at 12:30 pm
AKRON, Ohio, May 24, 2018 /PRNewswire/ -- The Goodyear Tire & Rubber Company (GT) was recognized by Subaru of Indiana Automotive, Inc. (SIA) with the Excellent Performance Award as an exceptional parts and delivery supplier. "Goodyear and Subaru share a mutual commitment to delivering the highest level of performance and excellence to our customers," said Steve McClellan, president, Goodyear Americas. […]
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Chesapeake Energy, Twitter, Lionsgate, Goodyear Tire & Ta...
on May 23, 2018 at 5:35 pm
The "Halftime Report" traders give their top stocks to watch for the second half. […]
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Maricopa County School District 44 (Avondale Elementary), AZ -- Moody's upgrades Maricopa County SD 44 (Avondale Elem.), AZ's GO bonds to Aa3
on May 18, 2018 at 9:48 pm
Moody's Investors Service has upgraded to Aa3 from A1 Maricopa County School District 44 (Avondale Elementary), AZ's General Obligation (GO) rating. The Aa3 rating also considers the district's below average socioeconomic profile, history of declining enrollment that is expected to stabilize in the near term, average debt burden and pension liability. […]
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American Tire's Colossal Plunge Disrupts 80-Year-Old Sales Model
on May 16, 2018 at 5:02 pm
In a decade of disruption and bankruptcy in the U.S. auto industry, American Tire Distributors Inc. seemed to be a relative picture of calm. The sprawling company is suddenly struggling to repair investor confidence. With ATD’s bonds trading at less than half of face value, Moody’s Investors Service predicts it may ultimately need to restructure its $1.8 billion of debt. […]
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Dealer Tire, LLC -- Moody's confirms Dealer Tire ratings; outlook stable
on May 15, 2018 at 6:42 pm
Moody's Investors Service, ("Moody's") confirmed Dealer Tire, LLC's (Dealer Tire) existing ratings including its B1 Corporate Family Rating (CFR) and B1 senior secured credit facility ratings. Moody's also assigned a B1 rating to Dealer Tire's upsized revolving credit facility to expire in January, 2021. […]
NASDAQ: GT
