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GT

Goodyear Tire & Rubber Co.

$14.98

Earnings Summary

Revenue
$4908Mn
Net Profits
$96Mn
Net Profit Margins
1.96%
PE Ratio
4.35

Highlights

Revenue:

Goodyear Tire & Rubber Co.’s revenue jumped 39.79% since last year same period to $4908Mn in the Q1 2022. On a quarterly growth basis, Goodyear Tire & Rubber Co. has generated -2.89% fall in its revenue since last 3-months.

Net Profits:

Goodyear Tire & Rubber Co.’s net profit jumped 700% since last year same period to $96Mn in the Q1 2022. On a quarterly growth basis, Goodyear Tire & Rubber Co. has generated -82.76% fall in its net profits since last 3-months.

Net Profit Margins:

Goodyear Tire & Rubber Co.’s net profit margin jumped 472.29% since last year same period to 1.96% in the Q1 2022. On a quarterly growth basis, Goodyear Tire & Rubber Co. has generated -82.25% fall in its net profit margins since last 3-months.

PE Ratio:

Goodyear Tire & Rubber Co.’s price-to-earnings ratio after this Q1 2022 earnings stands at 4.35.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Goodyear Tire & Rubber Co. post its latest quarter earnings

EPS Estimate Current Quarter
0.34
EPS Estimate Current Year
0.34

Highlights

EPS Estimate Current Quarter:

Goodyear Tire & Rubber Co.’s earning per share (EPS) estimates for the current quarter stand at 0.34 - a 61.9% jump from last quarter’s estimates.

EPS Estimate Current Year:

Goodyear Tire & Rubber Co.’s earning per share (EPS) estimates for the current year stand at 0.34.

Key Ratios

Key ratios of the Goodyear Tire & Rubber Co. post its Q1 2022 earnings

Earning Per Share (EPS)
0.37
Return on Assets (ROA)
0.03
Return on Equity (ROE)
0.2
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Goodyear Tire & Rubber Co.’s earning per share (EPS) fell -13.95% since last year same period to 0.37 in the Q1 2022. This indicates that the Goodyear Tire & Rubber Co. has generated -13.95% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Goodyear Tire & Rubber Co.’s return on assets (ROA) stands at 0.03.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Goodyear Tire & Rubber Co.’s return on equity (ROE) stands at 0.2.

Dividend Per Share (DPS):

Goodyear Tire & Rubber Co. declared 0 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-06
0.21
0.37
76.19%

Company Information

Goodyear is one of the world’s largest tire companies. It employs about 62,000 people and manufactures its products in 46 facilities in 21 countries around the world. Its two Innovation Centers in Akron, Ohio, and Colmar-Berg, Luxembourg, strive to develop state-of-the-art products and services that set the technology and performance standard for the industry.

Organisation
Goodyear Tire & Rubber Co.
Headquarters
Akron, Ohio, US
Employees
2.02K
Industry
Consumer Durables
CEO
Richard Kramer