The Goodyear Tire & Rubber Company (GT)

GT Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	18,594	18,878	20,066	20,805	17,478	12,321
Revenue Growth (YoY)	-5.43%	-5.92%	-3.55%	19.04%	41.85%	-16.44%
Cost of Revenue	15,092	15,294	16,560	16,953	13,582	10,232
Gross Profit	3,502	3,584	3,506	3,852	3,896	2,089
Selling, General & Admin	2,838	2,881	2,962	2,976	2,791	2,336
Operating Expenses	2,838	2,881	2,962	2,976	2,791	2,336
Operating Income	664	703	544	876	1,105	-247
Interest Expense	-511	-522	-532	-451	-387	-324
Interest & Investment Income	49	54	84	34	24	14
Currency Exchange Gain (Loss)	-4	-9	-87	-12	-29	9
Other Non Operating Income (Expenses)	-62	-68	-66	-36	-25	-20
EBT Excluding Unusual Items	136	158	-57	411	688	-568
Merger & Restructuring Charges	-145	-86	-502	-129	-253	-264
Impairment of Goodwill	-	-	-230	-	-	-182
Gain (Loss) on Sale of Investments	-	-	-	-	-	-148
Gain (Loss) on Sale of Assets	357	93	104	122	20	-2
Asset Writedown	-125	-125	-	-	-	-
Legal Settlements	-3	-3	8	-5	48	24
Pretax Income	338	155	-677	399	513	-1,140
Income Tax Expense	102	95	10	190	-267	110
Earnings From Continuing Operations	236	60	-687	209	780	-1,250
Minority Interest in Earnings	6	10	-2	-7	-16	-4
Net Income	242	70	-689	202	764	-1,254
Net Income to Common	242	70	-689	202	764	-1,254
Net Income Growth	-	-	-	-73.56%	-	-
Shares Outstanding (Basic)	287	287	285	284	261	234
Shares Outstanding (Diluted)	289	288	285	286	264	234
Shares Change (YoY)	1.23%	1.05%	-0.35%	8.33%	12.82%	0.43%
EPS (Basic)	0.84	0.24	-2.42	0.71	2.93	-5.36
EPS (Diluted)	0.84	0.24	-2.42	0.71	2.89	-5.36
EPS Growth	-	-	-	-75.43%	-	-
Free Cash Flow	-518	-490	-18	-540	81	468
Free Cash Flow Per Share	-1.79	-1.70	-0.06	-1.89	0.31	2.00
Dividend Per Share	-	-	-	-	-	0.160
Dividend Growth	-	-	-	-	-	-75.00%
Gross Margin	18.83%	18.98%	17.47%	18.52%	22.29%	16.96%
Operating Margin	3.57%	3.72%	2.71%	4.21%	6.32%	-2.00%
Profit Margin	1.30%	0.37%	-3.43%	0.97%	4.37%	-10.18%
Free Cash Flow Margin	-2.79%	-2.60%	-0.09%	-2.60%	0.46%	3.80%
EBITDA	1,553	1,606	1,509	1,810	1,987	507
EBITDA Margin	8.35%	8.51%	7.52%	8.70%	11.37%	4.12%
D&A For EBITDA	889	903	965	934	882	754
EBIT	664	703	544	876	1,105	-247
EBIT Margin	3.57%	3.72%	2.71%	4.21%	6.32%	-2.00%
Effective Tax Rate	30.18%	61.29%	-	47.62%	-	-
Advertising Expenses	-	327	364	375	382	304

Updated Feb 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q