Company Description
The Goodyear Tire & Rubber Company (NASDAQ: GT) is described as one of the world's largest tire companies. According to company disclosures, it employs about 68,000 people and manufactures its products in 51 facilities across 19 countries. Goodyear focuses on tire technology and performance, supported by two Innovation Centers located in Akron, Ohio, and Colmar-Berg, Luxembourg, which work to develop products and services that set technology and performance standards for the tire industry.
Goodyear manufactures and sells a variety of rubber tires under the Goodyear brand name. As outlined in public company information, its tires are used in multiple applications, including automobiles, trucks, buses, aircraft, motorcycles, mining equipment, farm equipment, and industrial equipment. This broad application base positions Goodyear as a key supplier to transportation, industrial, and specialty vehicle markets.
Business Segments and Global Footprint
Goodyear operates through three primary regional tire businesses: Americas, Europe, the Middle East and Africa (EMEA), and Asia Pacific. The Americas segment includes tire operations in North and Latin America. The EMEA segment covers Europe, the Middle East and Africa, while the Asia Pacific segment includes markets across that region. The company reports tire unit volumes and segment operating income for each of these regions, reflecting its diversified geographic presence.
In its Americas business, Goodyear reports tire unit volumes and net sales driven by replacement and original equipment demand. In EMEA, the company highlights the impact of foreign currency, price/mix, and changes in tire volume. In Asia Pacific, results reflect both regional volume trends and the effect of portfolio changes, such as the sale of its Off-the-Road (OTR) tire business. Across all segments, Goodyear references the impact of its Goodyear Forward program on segment operating income.
Core Products and Industry Role
Based on company statements, Goodyear's core products are tires for a wide range of vehicles and equipment, including consumer vehicles, commercial fleets, aircraft, and specialized industrial and agricultural applications. The company also emphasizes its aviation tire business, noting a long history in aviation tire technology, including development of the world's first pneumatic aircraft tire in 1909 and support for millions of landings through rigorous testing programs. Goodyear states that its aviation products serve commercial airlines, military fleets, and private aircraft operators.
Goodyear has also been involved in polymer and chemical operations. An 8-K filing and related news release describe the sale of the majority of its polymer chemical business to an affiliate of Gemspring Capital. The transaction included chemical plants in Houston and Beaumont, Texas, and a research and development facility in Akron, Ohio, while Goodyear retained chemical facilities in Niagara Falls, New York, and Bayport, Texas, along with rights to the products produced at those locations. The company indicates that the divestiture is part of its Goodyear Forward transformation program, aimed at creating a more focused portfolio centered on core products and services in tires and service.
Goodyear Forward and Portfolio Streamlining
In its financial communications, Goodyear describes Goodyear Forward as a transformation plan that includes asset sales and cost initiatives. The company reports that Goodyear Forward delivered segment operating income benefits during recent periods and that planned divestitures, including the sale of its Chemical business, the OTR tire business, and the Dunlop brand, have been completed. According to Goodyear, these divestitures generated total gross proceeds of approximately $2.2 billion, which the company intends to use for debt reduction and to fund initiatives connected to the transformation plan.
Goodyear states that, as a result of these actions, it has a more focused, streamlined portfolio intended to support growth in its core tire and service offerings and its vision of being a leading company in tires and service. The company also discusses expectations for annualized run-rate benefits from Goodyear Forward in its financial commentary, though specific forward-looking figures are subject to the usual risks and uncertainties outlined in its filings.
Aviation and Specialized Businesses
Goodyear has highlighted its aviation business as a strategic and high-value segment. In a news release, the company announced that it is unifying its global Aviation business under a single global structure to enhance its ability to serve a diverse and expanding customer base across commercial, military, and private aviation sectors. Goodyear notes that its aviation business is a key contributor to its global portfolio and that aligning global operations is intended to strengthen support for aviation customers and deliver advanced solutions for operations in the air and on the ground.
The company emphasizes its long legacy in aviation, referencing more than a century of involvement in aviation tire technology and its role as a partner to original equipment manufacturers, pilots, and fleet managers. This focus on aviation complements Goodyear's broader presence in transportation-related markets.
Community Engagement and Brand Extensions
Goodyear also engages in community and brand-building initiatives. The company sponsors the long-running Goodyear Highway Hero Award, which recognizes professional commercial truck drivers who demonstrate exceptional courage and quick thinking to protect others on the road. The program, now in its 42nd year according to a recent announcement, invites nominations for drivers whose heroic actions occurred while on duty in the United States or Canada and who meet specific eligibility criteria.
Goodyear partners with the U.S. Marine Corps Reserve Toys for Tots Program, hosting annual toy drives at its Blimp bases in Ohio, Florida, and California. Over 15 years, toy drives at these bases have delivered hundreds of thousands of toys and raised significant monetary donations for Toys for Tots, according to the company. These events also provide the public with opportunities to see the Goodyear Blimp and tour hangar facilities.
Goodyear’s portfolio also includes brands such as Mickey Thompson Tires & Wheels, which offers performance, racing, and off-road tires and wheels. Mickey Thompson, headquartered in Stow, Ohio, markets its products globally and focuses on performance-oriented automotive enthusiasts, competitive racers, and off-road users. Recent announcements describe new products under the Mickey Thompson brand, such as the Baja Belted II off-road tire, the Street Comp GHT performance tire, and the MT Classic Forged wheel line, illustrating Goodyear’s participation in performance and specialty segments through this brand.
Corporate Structure, Exchange Listing, and Regulatory Filings
The Goodyear Tire & Rubber Company is incorporated in Ohio and lists its common stock without par value on The Nasdaq Stock Market LLC under the trading symbol GT, as disclosed in its SEC filings. The company files annual reports on Form 10-K, quarterly reports on Form 10-Q, and current reports on Form 8-K with the U.S. Securities and Exchange Commission. These filings provide detailed information on its financial performance, segment results, transformation initiatives, and significant transactions, such as the sale of its polymer chemical business.
In an 8-K filing dated October 31, 2025, Goodyear reported completion of the sale of its polymer chemical business to G-3 Chickadee Purchaser, LLC, an affiliate of Gemspring Capital. The filing also notes related agreements, including a master supply agreement for polymer chemical products, a transition services agreement, and a patent and know-how license agreement, which support ongoing relationships between Goodyear and the divested business.
Investor Considerations
Investors analyzing Goodyear may focus on its global tire operations across the Americas, EMEA, and Asia Pacific; its emphasis on technology and performance through Innovation Centers; its strategic initiatives under the Goodyear Forward plan; and its portfolio adjustments, including divestitures of non-core assets such as the majority of its chemical business and the OTR tire business. Company communications highlight the importance of segment operating income, net sales, tire unit volumes, and the impact of transformation benefits, inflation, raw material costs, and volume trends in assessing performance.
Goodyear’s SEC filings also discuss risk factors and forward-looking statements, noting that results can be affected by competitive actions, raw material and energy costs, supply chain conditions, economic environments, access to capital markets, labor issues, tariffs and trade policies, and other legal and regulatory developments. These disclosures provide context for understanding the company’s operating environment and the uncertainties that can influence future performance.
Stock Performance
Goodyear Tire & Rubr Co (GT) stock last traded at $6.29, down 2.48% from the previous close. Over the past 12 months, the stock has lost 31.9%. At a market capitalization of $1.8B, GT is classified as a small-cap stock with approximately 286.5M shares outstanding.
Latest News
Goodyear Tire & Rubr Co has 10 recent news articles. Of the recent coverage, 6 articles coincided with positive price movement and 3 with negative movement. Key topics include earnings, earnings date, acquisition. View all GT news →
SEC Filings
Goodyear Tire & Rubr Co has filed 5 recent SEC filings, including 1 Form SCHEDULE 13G/A, 1 Form 8-K, 1 Form DEFR14A, 1 Form ARS. The most recent filing was submitted on March 27, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all GT SEC filings →
Financial Highlights
Goodyear Tire & Rubr Co generated $18.3B in revenue over the trailing twelve months, retaining a 18.4% gross margin, and net income was -$1.7B, reflecting a -9.4% net profit margin. Diluted earnings per share stood at $-5.99. The company generated $796.0M in operating cash flow. With a current ratio of 1.06, the company maintains adequate short-term liquidity.
Upcoming Events
Goodyear Tire & Rubr Co has 1 upcoming scheduled event. The next event, "Tire availability", is scheduled for April 1, 2026 (tomorrow). Investors can track these dates to stay informed about potential catalysts that may affect the GT stock price.
Short Interest History
Short interest in Goodyear Tire & Rubr Co (GT) currently stands at 26.0 million shares, up 0.6% from the previous reporting period, representing 9.5% of the float. Over the past 12 months, short interest has increased by 35.1%. The 5.4 days to cover indicates moderate liquidity for short covering.
Days to Cover History
Days to cover for Goodyear Tire & Rubr Co (GT) currently stands at 5.4 days, up 21.8% from the previous period. This moderate days-to-cover ratio suggests reasonable liquidity for short covering, requiring about a week of average trading volume. The days to cover has increased 38.1% over the past year, indicating either rising short interest or declining trading volume. The ratio has shown significant volatility over the period, ranging from 1.7 to 5.4 days.
GT Company Profile & Sector Positioning
Goodyear Tire & Rubr Co (GT) operates in the Auto Parts industry within the broader Tires & Inner Tubes sector and is listed on the NASDAQ.
Investors comparing GT often look at related companies in the same sector, including Dana Inc (DAN), Garrett Motion (GTX), Phinia Inc (PHIN), Adient (ADNT), and Visteon Corp (VC). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate GT's relative position within its industry.