|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
What Type Of Shareholders Own The Most Number of The Goodyear Tire & Rubber Company (NASDAQ:GT) Shares?
on May 6, 2021 at 9:17 am
If you want to know who really controls The Goodyear Tire & Rubber Company ( NASDAQ:GT ), then you'll have to look at... […]
Goodyear Tire & Rubber Should Have a Good Year for Shareholders
on May 5, 2021 at 8:02 am
The charts of the big tiremaker are largely bullish and indicate the rally in its shares over the last few months should continue. […]
Goodyear (GT) Q1 Earnings & Sales Top Estimates, Profit Down Y/Y
on May 3, 2021 at 12:51 pm
Goodyear (GT) Q1 revenues increase 15% year on year. […]
Goodyear Tire & Rubber Co (GT) Q1 2021 Earnings Call Transcript
on April 30, 2021 at 6:00 pm
At this time, I would like to welcome everyone to Goodyear First Quarter 2021 Earnings Call. The supporting slide presentation for today's call can be found on our website at investor.goodyear.com and a replay of this call will be available later today. […]
Goodyear's outlook for raw material cost increases more than doubled, stock turns lower
on April 30, 2021 at 5:31 pm
Shares of Goodyear Tire & Rubber Co. sank 2.4% in afternoon trading Friday, reversing an earlier intraday gain of as much as 2.0%, after the tire seller reported first quarter earnings that beat expectations, but also more than doubled its full-year outlook for raw materials cost increases. Chief Financial Officer Darren Wells said on the post-earnings conference with analysts that raw materials costs for 2021 are expected to increase by $325 million to $375 million, largely in the second half of the year, compared with previous estimates for an increase of $125 million to $175 million. For the first quarter, however, raw material costs actually declined by $15 million, but prices increases were expected to "catch up some" over the coming quarters. Meanwhile, pricing in the quarter improved by $64 million as the company raised prices ahead of the raw material price increases. […]