|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
Goodyear Names Two Executives to Senior Leadership Roles
on December 13, 2018 at 4:00 pm
Jon Bellissimo, vice president, Americas Product Development and head of Goodyear Chemical, will become senior vice president, Global Operations & Technology. Bellissimo brings four decades of experience in the design, development and manufacturing of Goodyear products, having served in a variety of functional and operational roles at the regional and global levels. […]
3 Consumer Goods Stocks to Catch a Santa Claus Rally
on December 13, 2018 at 3:20 pm
Goodyear Pushes the Limit With New Race-inspired Eagle F1 SuperSport Range for Road and Track
on December 13, 2018 at 8:00 am
BRUSSELS , December 13, 2018 /PRNewswire/ -- Three-tier range comprising SuperSport, SuperSport R and SuperSport RS Innovative technologies enable significant improvements to braking distances and lap ... […]
The Goodyear Tire & Rubber Company (GT): Are Hedge Funds Right About This Stock?
on December 12, 2018 at 10:08 am
We at Insider Monkey have gone over 700 13F filings that hedge funds and prominent investors are required to file by the SEC. The 13F filings show the funds’ and investors’ portfolio positions as of September 30th. In this article, we look at what those investors think of The Goodyear Tire & Rubber Company (NASDAQ:GT). […]
Venezuela vows to reactivate Goodyear plant
on December 11, 2018 at 8:50 pm
CARACAS, Venezuela (AP) — Venezuela's government says it will reactivate an assembly line after U.S.-based Goodyear Tire & Rubber announced it will no longer produce tires in the crisis-wracked country. […]