The Goodyear Tire & Rubber Company (GT)

GT Statistics

Total Valuation

GT has a market cap or net worth of $2.43 billion. The enterprise value is $11.29 billion.

Market Cap	2.43B
Enterprise Value	11.29B

Important Dates

The next estimated earnings date is Monday, November 4, 2024, after market close.

Earnings Date	Nov 4, 2024
Ex-Dividend Date	n/a

Share Statistics

GT has 284.69 million shares outstanding. The number of shares has increased by 0.35% in one year.

Shares Outstanding	284.69M
Shares Change (YoY)	+0.35%
Shares Change (QoQ)	+0.70%
Owned by Insiders (%)	0.77%
Owned by Institutions (%)	89.60%
Float	282.38M

Valuation Ratios

PE Ratio	n/a
Forward PE	5.16
PS Ratio	0.13
Forward PS	0.12
PB Ratio	0.52
P/FCF Ratio	n/a
PEG Ratio	0.04

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	0.58
EV / EBITDA	6.26
EV / EBIT	14.12
EV / FCF	n/a

Financial Position

The company has a current ratio of 1.06, with a Debt / Equity ratio of 1.96.

Current Ratio	1.06
Quick Ratio	0.49
Debt / Equity	1.96
Debt / EBITDA	4.51
Debt / FCF	n/a
Interest Coverage	1.53

Financial Efficiency

Return on equity (ROE) is -7.07% and return on invested capital (ROIC) is 3.39%.

Return on Equity (ROE)	-7.07%
Return on Assets (ROA)	2.23%
Return on Capital (ROIC)	3.39%
Revenue Per Employee	$272,746
Profits Per Employee	-$4,958
Employee Count	71,000
Asset Turnover	0.86
Inventory Turnover	3.71

Taxes

In the past 12 months, GT has paid $79.00 million in taxes.

Income Tax	79.00M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -30.59% in the last 52 weeks. The beta is 1.69, so GT's price volatility has been higher than the market average.

Beta (5Y)	1.69
52-Week Price Change	-30.59%
50-Day Moving Average	8.62
200-Day Moving Average	11.62
Relative Strength Index (RSI)	51.67
Average Volume (20 Days)	5,469,207

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, GT had revenue of $19.37 billion and -$352.00 million in losses. Loss per share was -$1.24.

Revenue	19.37B
Gross Profit	3.78B
Operating Income	800.00M
Pretax Income	-278.00M
Net Income	-352.00M
EBITDA	1.81B
EBIT	800.00M
Loss Per Share	-$1.24

Balance Sheet

The company has $789.00 million in cash and $9.50 billion in debt, giving a net cash position of -$8.71 billion or -$30.61 per share.

Cash & Cash Equivalents	789.00M
Total Debt	9.50B
Net Cash	-8.71B
Net Cash Per Share	-$30.61
Equity (Book Value)	4.86B
Book Value Per Share	16.52
Working Capital	495.00M

Cash Flow

In the last 12 months, operating cash flow was $948.00 million and capital expenditures -$1.15 billion, giving a free cash flow of -$200.00 million.

Operating Cash Flow	948.00M
Capital Expenditures	-1.15B
Free Cash Flow	-200.00M
FCF Per Share	-$0.70

Margins

Gross margin is 19.54%, with operating and profit margins of 4.13% and -1.82%.

Gross Margin	19.54%
Operating Margin	4.13%
Pretax Margin	-1.44%
Profit Margin	-1.82%
EBITDA Margin	9.32%
EBIT Margin	4.13%
FCF Margin	-0.78%

Dividends & Yields

GT does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-0.35%
Shareholder Yield	-0.35%
Earnings Yield	-14.50%
FCF Yield	-8.24%

Analyst Forecast

The average price target for GT is $17.23, which is 101.99% higher than the current price. The consensus rating is "Strong Buy".

Price Target	$17.23
Price Target Difference	101.99%
Analyst Consensus	Strong Buy
Analyst Count	4
Revenue Growth Forecast (5Y)	1.13%
EPS Growth Forecast (5Y)	n/a

Stock Splits

The last stock split was on May 5, 1993. It was a forward split with a ratio of 2:1.

Last Split Date	May 5, 1993
Split Type	Forward
Split Ratio	2:1

Scores

GT has an Altman Z-Score of 1.48 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	1.48
Piotroski F-Score	5