GOODYEAR TIRE RUBBER chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 72.26
Dividend & YieldN/A€ (N/A)
Beta 1.86
Market capitalization 2.8B
Operating cash flow 437M
ESG Scores 20.0

Company description

The Goodyear Tire & Rubber Company, together with its subsidiaries, develops, manufactures, distributes, and sells tires and related products and services worldwide. It offers various lines of tires for automobiles, trucks, buses, aircraft, motorcycles, earthmoving equipment, and mining and industrial equipment under the Goodyear, Cooper, Dunlop, Kelly, Debica, Sava, Fulda, Mastercraft, Roadmaster, and various other house brands, as well as under the private-label brands. The company also retreads truck, aviation, and off-the-road tires; manufactures and sells tread rubber and other tire retreading materials; sells chemical and natural rubber products; and provides automotive and commercial truck maintenance and repair services, and miscellaneous other products and services. It operates approximately 1,000 retail outlets, which offer products for retail sale, and provides repair and other services. The company sells its products worldwide through a network of independent dealers, regional distributors, retail outlets, and retailers. The Goodyear Tire & Rubber Company was incorporated in 1898 and is headquartered in Akron, Ohio.

Sector: Consumer Cyclical - Industry: Auto Parts

Financial Ratios
Quick Ratio0.57
Working Capital1.06
Return On Equity0.15
Debt To Equity1.28
Fixed Asset Ratio0.07
Fixed Interest Cover2.57

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 223M 5M 26M 923M
Total Cashflows From Investing Activities -867M -800M -667M -2.79B
Net Borrowings 135M -119M 250M 1.41B
Total Cash From Financing Activities -243M -307M 203M 1.31B
Change To Operating Activities -141M 207M 316M 246M
Issuance Of Stock 4M 1M 9M 9M
Net Income 693M -311M -1.25B 764M
Change In Cash -237M 101M 650M -460M
Effect Of Exchange Rate -43M 1M -1M -38M
Total Cash From Operating Activities 916M 1.21B 1.11B 1.06B
Depreciation 774M 780M 754M 882M
Change To Account Receivables -172M 71M 132M -300M
Other Cashflows From Financing Activities -24M -41M -10M -106M
Change To Netincome -305M 434M 417M -485M
Capital Expenditures -811M -770M -647M -981M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 1.01B 177M -1.14B 513M
Net Income 693M -311M -1.25B 764M
Selling General Administrative 2.43B 2.44B 2.34B 2.79B
Gross Profit 3.52B 3.16B 2.12B 3.79B
Ebit 1.08B 717M -221M 996M
Operating Income 1.08B 717M -221M 996M
Interest Expense -321M -340M -324M -387M
Income Tax Expense 303M 474M 110M -267M
Total Revenue 15.47B 14.74B 12.32B 17.48B
Cost Of Revenue 11.96B 11.59B 10.21B 13.69B
Total Other Income ExpenseNet -74M -540M -919M -483M
Net Income From Continuing Ops 708M -297M -1.25B 780M
Net Income Applicable To Common Shares 693M -311M -1.25B 764M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 11.8B 12.64B 13.25B 16.22B
Total Stockholder Equity 4.86B 4.35B 3.08B 5B
Other Current Liabilities 727M 721M 849M 801M
Total Assets 16.87B 17.18B 16.51B 21.4B
Common Stock 232M 233M 233M 282M
Other Current Assets 88M 76M 86M 73M
Retained Earnings 6.6B 6.11B 4.81B 5.57B
Treasury Stock -4.08B -4.14B -4.13B -3.96B
Cash 801M 908M 1.54B 1.09B
Total Current Liabilities 4.78B 5.29B 5.11B 6.61B
Other Stockholder Equity -4.08B -4.14B -4.13B -3.96B
Property, Plant, and Equipment 7.26B 8.06B 7.92B 9.33B
Total Current Assets 5.92B 5.93B 5.62B 7.33B
Net Tangible Assets 4.16B 3.65B 2.54B 2.96B
Net Receivables 2.01B 1.93B 1.69B 2.38B
Accounts Payable 2.92B 2.91B 2.94B 4.15B


Insider Transactions

Here are the insider transactions of stock shares related to GOODYEAR TIRE RUBBER:

Filer Name Transaction Text Ownership Date Filer Relation Shares
MADARANG NATHANIELD2022-08-04Officer3.73k
SCOCOS EVAN M.D2022-06-03Officer5.47k
PHILLIPS DAVID EMMITTD2022-04-22General Counsel11.27k
MADARANG NATHANIELD2022-04-22Officer3.89k
KRAMER RICHARD JD2022-02-25Chief Executive Officer167.72k
WELLS DARREN RD2022-02-25Chief Financial Officer45.67k
MCCLELLAN STEPHEN R.D2022-02-25Officer42.52k
DELANEY CHRISTOPHER RAYMONDD2022-02-25Officer42.52k
SCOCOS EVAN M.D2022-02-25Officer5.51k
PATTERSON RYAN GLENND2022-02-25Officer23.62k
HELSEL CHRISTOPHER PD2022-02-25Chief Technology Officer11.02k
DUDA LAURA PD2022-02-25Officer10.28k
VANDERLIND GARYD2022-02-25Officer11.02k
PHILLIPS DAVID EMMITTD2022-02-25General Counsel1.84k
MADARANG NATHANIELD2022-02-25Officer1.01k
KRAMER RICHARD JD2022-02-03Chief Executive Officer91.36k
WELLS DARREN RD2022-02-03Chief Financial Officer24.88k
MCCLELLAN STEPHEN R.D2022-02-03Officer23.16k
DELANEY CHRISTOPHER RAYMONDD2022-02-03Officer23.16k
SCOCOS EVAN M.D2022-02-03Officer3k
PATTERSON RYAN GLENND2022-02-03Officer12.87k
HELSEL CHRISTOPHER PD2022-02-03Chief Technology Officer6k
DUDA LAURA PD2022-02-03Officer3.22k
VANDERLIND GARYD2022-02-03Officer6k
PHILLIPS DAVID EMMITTD2022-02-03General Counsel9.1k
KRAMER RICHARD JSale at price 22.33 per share.D2021-12-08Chief Executive Officer175.2k
KRAMER RICHARD JConversion of Exercise of derivative security at price 10.12 per share.D2021-12-08Chief Executive Officer250k
MCCLELLAN STEPHEN R.Sale at price 21.88 per share.D2021-11-19Officer54.3k
MCCLELLAN STEPHEN R.Conversion of Exercise of derivative security at price 12.98 per share.D2021-11-19Officer66.58k
PATTERSON RYAN GLENNConversion of Exercise of derivative security at price 12.94 - 12.98 per share.D2021-11-11Officer6.1k
MCCLELLAN STEPHEN R.Sale at price 23.36 per share.D2021-11-10Officer36.18k
MCCLELLAN STEPHEN R.Conversion of Exercise of derivative security at price 12.94 per share.D2021-11-10Officer45.35k
VANDERLIND GARYConversion of Exercise of derivative security at price 12.94 - 12.98 per share.D2021-11-10Officer6.81k
WELLS DARREN RD2021-09-20Chief Financial Officer28.65k
MADARANG NATHANIELD2021-08-06Officer2.14k
MADARANG NATHANIELD2021-08-04Officer3.73k
SCOCOS EVAN M.D2021-06-04Officer5.47k
MCCLELLAN STEPHEN R.Sale at price 19.44 per share.D2021-05-21Officer5.36k
MCCLELLAN STEPHEN R.Conversion of Exercise of derivative security at price 9.88 per share.D2021-05-21Officer5.36k
DUDA LAURA PD2021-03-19Officer1.28k
KRAMER RICHARD JConversion of Exercise of derivative security at price 12.94 - 12.98 per share.D2021-03-15Chief Executive Officer795.43k
KRAMER RICHARD JD2021-02-26Chief Executive Officer116k
MCCLELLAN STEPHEN R.D2021-02-26Officer24.78k
DELANEY CHRISTOPHER RAYMONDD2021-02-26Officer21.29k
SCOCOS EVAN M.D2021-02-26Officer3.65k
PATTERSON RYAN GLENND2021-02-26Officer10.89k
HELSEL CHRISTOPHER PD2021-02-26Chief Technology Officer5.99k
BELLISSIMO JONATHAND2021-02-26Officer1.91k
DUDA LAURA PD2021-02-26Officer1.77k
VANDERLIND GARYD2021-02-26Officer1.91k
PHILLIPS DAVID EMMITTD2021-02-26General Counsel1.72k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to GOODYEAR TIRE RUBBER. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on GOODYEAR TIRE RUBBER

Here is the result of two systematic investment strategies applied to GOODYEAR TIRE RUBBER. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on GOODYEAR TIRE RUBBER

The following chart shows the equity curve of the two systematic investment strategies applied to GOODYEAR TIRE RUBBER:

GOODYEAR TIRE RUBBER automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 100.49% on the backtest period.

Performance at glance

Performance

100.49 %

Latent gain

508.89 €

Invested capital

506.39 €

Annualized return

57.75 %
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Momentum strategy results on GOODYEAR TIRE RUBBER

This is the result of two momentum investment strategies applied to GOODYEAR TIRE RUBBER. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on GOODYEAR TIRE RUBBER

The following chart shows all the entries opened by the momentum investment system on GOODYEAR TIRE RUBBER:

GOODYEAR TIRE RUBBER momentum entries
  • The first momentum investment strategy would give 124.09% of return on GOODYEAR TIRE RUBBER. That represents 3419.17€ of latent gain with 2755.39€ of employed capital.
  • The second momentum investment strategy would give 141.2% of return on GOODYEAR TIRE RUBBER. That represents 2122.71€ of latent gain with 1503.29€ of employed capital.
Performance at glance (1Q Momentum)

Performance

124.09 %

Latent gain

3419.17 €

Invested capital

2755.39 €

Annualized return

-0.0 %
Performance at glance (2Q Momentum)

Performance

141.2 %

Latent gain

2122.71 €

Invested capital

1503.29 €

Annualized return

112.06 %

Momentum equity curve on GOODYEAR TIRE RUBBER

The following chart shows the equity curve of the two momentum strategies applied to GOODYEAR TIRE RUBBER:

GOODYEAR TIRE RUBBER momentum equity

Note: the dividends potentially given by GOODYEAR TIRE RUBBER are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on GOODYEAR TIRE RUBBER

The following chart shows the employed capital evolution of the two momentum strategies on GOODYEAR TIRE RUBBER since the beginning:

GOODYEAR TIRE RUBBER

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250€, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000€.


Buy the dip strategy result on GOODYEAR TIRE RUBBER

Buy the dip entry openings on GOODYEAR TIRE RUBBER

GOODYEAR TIRE RUBBER

The performance achieved by the robo-advisor on GOODYEAR TIRE RUBBER is 0%. That represents 0.0$ of latent gain with 0.0€ of employed capital. The following chart shows GOODYEAR TIRE RUBBER stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of GOODYEAR TIRE RUBBER, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 €

Invested capital

0.0 €

Annualized return

-0.0 %

Equity curve of the strategy applied to GOODYEAR TIRE RUBBER

The following chart shows the result of the investment strategy applied to GOODYEAR TIRE RUBBER:

GOODYEAR TIRE RUBBER

Note: the dividends potentially given by GOODYEAR TIRE RUBBER are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on GOODYEAR TIRE RUBBER

The following chart shows the employed capital evolution since the beginning of the investment strategy on GOODYEAR TIRE RUBBER:

GOODYEAR TIRE RUBBER

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on GOODYEAR TIRE RUBBER

In this section, I will compare the three previous investment strategies applied to GOODYEAR TIRE RUBBER.

Equity curve comparison on GOODYEAR TIRE RUBBER

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

GOODYEAR TIRE RUBBER investment strategy comparison

Employed capital comparison on GOODYEAR TIRE RUBBER

GOODYEAR TIRE RUBBER investment comparison

Performance comparison on GOODYEAR TIRE RUBBER

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 100.49% 508.89€ 506.39€ 57.75%
Momentum 1 quarter 124.09% 3419.17€ 2755.39€ 82.73%
Momentum 2 quarters 141.2% 2122.71€ 1503.29€ 112.06%
Non-directional 0% 0.0€ 0.0€ -0.0%
Annualized return comparison

Automatic investment

57.75 %

Momentum 1Q

112.06 %

Momentum 2Q

112.06 %

Non-directional

-0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with GOODYEAR TIRE RUBBER:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between GOODYEAR TIRE RUBBER and the other stocks. There may be false positives or some missing correlated stocks. If the price of GOODYEAR TIRE RUBBER does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name GOODYEAR TIRE RUBBER
Country United States
City Akron
Address 200 Innovation Way
Phone 330-796-2121
Website www.goodyear.com
FullTime employees 72000
Industry Auto Parts
Sector Consumer Cyclical
Exchange XETRA
Ticker GTR.XETRA
Market www.xetra.com

GOODYEAR TIRE RUBBER ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance 3.9995238095238
Environment Percentile unknown
Palm Oil no
Nuclear no
Fur Leather no
GMO no
Coal no
Pesticides no
Animal Testing no

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance 6.1233333333333
Social Percentile unknown
Highest Controversy 3
Peer Highest Controversy Performance 1.5
Adult no
Gambling no
Alcoholic no
Tobacco no
Catholic no
Controversial Weapons no
Small Arms no
Military Contract no
Peer Count yes

Related Controversy: Customer Incidents


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance 6.9257142857143
Governance Percentile unknown

ESG at glance
Total ESG Scores: 20.0
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: UNDER_PERF

Peer Group: Auto Components

Peer Esg Score Performance: 16.650416666667

Rating Year: 2022

Rating Month: 8

Max Age: 86400

Percentile: 25