The Goodyear Tire & Rubber Company

Last price update: 06 Dec 24 23:00 GMT

Price:
$10.16
Open:
$10.12
Previous close:
$9.99
Day's range:
$10.01 - $10.33
Year's range:
$7.27 - $15.24
Net Income per Share:
-1.04
Price-to-Earnings ratio:
-9.77
52-week Price Range:
$9.04
Volume:
$5,392,588.00
Average volume:
$5,482,453.00

Company profile for The Goodyear Tire & Rubber Company

The Goodyear Tire & Rubber Company logo

The Goodyear Tire & Rubber Company is the largest tire company in the world. Founded in 1898 by Frank Seiberling, the company has its headquarters in Akron, Ohio and employs around 64,000 people worldwide. The company is listed on the New York Stock Exchange and has a market capitalization of over $7 billion.

The Goodyear Tire & Rubber Company develops, manufactures, distributes and sells a wide range of tire and rubber-related products and services to customers worldwide. The company has a presence across six continents and operates more than 1,000 retail outlets globally. Its products are used in a variety of industries such as automobiles, trucks, buses, aircraft, motorcycles, earthmoving equipment, mining and industrial equipment. The company’s products are available under Goodyear, Cooper, Dunlop, Kelly, Debica, Sava, Fulda, Mastercraft, Roadmaster, and other house brands as well as private-label brands.

In addition to its core tire manufacturing business, the Goodyear Tire & Rubber Company also produces an extensive range of other products and services. These include automotive and commercial truck maintenance and repair services, tire retreading services, tread rubber, rubber chemicals, and various other rubber-related products. The company is also a leading retailer of tire and rubber products, and provides tire and rubber-related services through its extensive network of independent dealers, regional distributors, and retail outlets.

Goodyear has gone through a number of strategic transformations over the years, most recently shifting its strategy to focus on growing its presence in the highly profitable consumer, commercial, and OTR tire segments while divesting its engineered products business, chemicals business, and European consumer tire businesses. In support of its strategic transformation, the company has also made significant investments in technology and digital capabilities. This includes the launch of MyGoodyear.com, an enhanced consumer-focused website, and GoTires, a digital platform for consumers to book tire services.

Stock exchanges:
NASDAQ
Sector:
Consumer Cyclical
Industries:
Auto Parts
Ticker:
GT
CIK:
42582
ISIN:
US3825501014
Website:
https://www.goodyear.com
Phone:
330-796-2121
Origin:
United States
Employees:
72,000