At a glance
Goodyear Tire & Rubber Co is worth $1.27B. Revenue fell 3.2% to $18.28B in fiscal 2025, at a loss; over 5 years it has grown 8.2% a year. It pays no dividend. The stock returned −37.7% over the past year with dividends reinvested and −25.5% a year over five years, against +11.5% and +11.7% for the S&P 500. At its worst it fell 60.1% in the 2020 crash (S&P 500: 33.7%) and 58.2% in the 2022 bear market (S&P 500: 24.5%).
The business in plain English
Goodyear, an Ohio company founded in 1898 and based in Akron, designs, makes and sells tires for cars, trucks, buses, aircraft, motorcycles and farm equipment. It sells to vehicle makers, which fit the tires on new vehicles (known as original equipment), and to drivers and fleets buying replacements. Its brands include Goodyear, Cooper, Kelly, Mastercraft, Mickey Thompson, Debica, Sava and Fulda. It also makes private-label tires for certain customers. It runs 49 factories in 19 countries and employs about 63,000 people.
For the year ended December 31, 2025, net sales were $18.28 billion. About 84% came from selling tires. Retail and repair services added about 5%, and chemical sales about 2%. Goodyear runs about 750 retail outlets. It is also one of the world's largest operators of commercial truck service and retreading centers (retreading puts new tread on a worn tire casing). Its two major global rivals are Bridgestone and Michelin.
The Americas is the largest segment, at 58.9% of 2025 sales. Europe, the Middle East and Africa made up 30.4%, and Asia Pacific made up 10.7%. Under its Goodyear Forward plan, completed in 2025, the company sold its off-the-road tire business, the Dunlop brand and its polymer chemicals business. Those sales brought in gross proceeds of about $2.2 billion, which it used to cut debt.
Price history
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GT -37.7% over the year to Oct 28, 2026, total return with dividends reinvested.
How it makes money
By product or service
| Tire unit sales | $15.39B | 84.2% |
| Other tire and related sales | $1.50B | 8.2% |
| Retail services and service related sales | $936.0M | 5.1% |
| Chemical sales | $423.0M | 2.3% |
| Other | $26.0M | 0.1% |
By business segment
| Americas | $10.77B | 58.9% |
| Europe, Middle East and Africa | $5.55B | 30.4% |
| Asia Pacific | $1.96B | 10.7% |
By geography
| Foreign | $9.33B | 51% |
| United States | $8.95B | 49% |
Latest results
- In Q2 FY2026 (ended Jun 30, 2026), revenue was $4.25B, down 4.8% from a year earlier, and net income was $-204.0M (-180.3%).
- For fiscal 2025, revenue was $18.28B (-3.2% year over year; +8.2% a year from FY2020 to FY2025) with a -9.4% net margin.
Financial health check
| Revenue growth a year (FY2020–FY2025) | +8.2% good |
|---|---|
| Free cash flow margin | -0.2% weak |
| Return on equity (FY2025) | -53.2% weak |
| Return on assets (FY2025) | -9.5% weak |
| Net cash (cash minus debt) | $-6.07B weak |
| Fiscal year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2020 | $12.32B | $-1.25B | $468.0M |
| FY2021 | $17.48B | $764.0M | $81.0M |
| FY2022 | $20.80B | $202.0M | $-540.0M |
| FY2023 | $20.07B | $-729.0M | $-18.0M |
| FY2024 | $18.88B | $46.0M | $-490.0M |
| FY2025 | $18.28B | $-1.72B | $-30.0M |
Valuation snapshot
| Market value | $1.27B |
|---|---|
| P/E ratio | — |
| Dividend yield | 0% |
Rank among 1514 US companies
Market value at each year end
Goodyear Tire & Rubber’s market value went from $8.06B at the end of 2016 to $1.27B on Oct 28, 2026, down 84%; since the end of 2025 it is down 49%.
Show as a table
| Year end | Market value | Change |
|---|---|---|
| Oct 28, 2026 | $1.27B | -49.4% |
| 2025 | $2.51B | -2.2% |
| 2024 | $2.56B | -36.8% |
| 2023 | $4.06B | +41.4% |
| 2022 | $2.87B | -52.1% |
| 2021 | $6.00B | +135.8% |
| 2020 | $2.54B | -29.7% |
| 2019 | $3.62B | -23.9% |
| 2018 | $4.76B | -40.2% |
| 2017 | $7.96B | -1.2% |
| 2016 | $8.06B |
Price behavior
| YTD | 1 yr | 3 yr | 5 yr | 10 yr | |
|---|---|---|---|---|---|
| GT price data to Oct 28, 2026 | -49.7% | -37.7% | -28.2% | -25.5% | -16.2% |
Show as a table
| Year | Price data |
|---|---|
| 2026 (to date) | -49.7% |
| 2025 | -2.7% |
| 2024 | -37.1% |
| 2023 | +41.1% |
| 2022 | -52.4% |
| 2021 | +95.4% |
| 2020 | -29.0% |
| 2019 | -20.9% |
| 2018 | -35.4% |
| 2017 | +6.1% |
| 2016 | -4.5% |
| 2015 | +15.6% |
| 2014 | +20.9% |
| 2013 | +73.1% |
| 2012 | -2.5% |
| 2011 | +19.6% |
| 2010 | -16.0% |
| 2009 | +136.2% |
| 2008 | -78.8% |
| 2007 | +34.4% |
| 2006 | +20.8% |
| 2008 financial crisis stocks fell Oct 9, 2007 – Mar 9, 2009 | Lost 87.2% over that stretch · deepest drop along the way 88.7%, back to its old high 74.2 months after the low |
|---|---|
| 2020 COVID crash stocks fell Feb 19, 2020 – Mar 23, 2020 | Lost 54% over that stretch · deepest drop along the way 60.1%, back to its old high 9.7 months after the low |
| 2022 bear market stocks fell Jan 3, 2022 – Oct 12, 2022 | Lost 49.1% over that stretch · deepest drop along the way 58.2%, not recovered by the end of the data |
Insider activity
Form 4 filings from 2025-10-29 to 2026-10-29 (25 read): 0 open-market purchases and 0 sales ($0.00).
Who owns it
Large shareholders (13G filings)
| BlackRock, Inc. | 14.6% | Sep 30, 2026 |
| Wellington Management Group LLP | 5.3% | Jun 30, 2026 |
| Dimensional Fund Advisors LP | 5.2% | Sep 30, 2026 |
| Vanguard Capital Management | 5.07% | Mar 31, 2026 |
| Vanguard Portfolio Management | 5.03% | Jun 30, 2026 |
| AQR Capital Management, LLC | 4.47% | Jun 30, 2026 |
| Dan Hagan | 3.5% | Jun 30, 2025 |
ETFs with the most weight in GT
| RFV Invesco S&P MidCap 400® Pure Value ETF | 3.3% |
| FYT First Trust Small Cap Value AlphaDEX Fund | 0.72% |
| AVUV Avantis U.S. Small Cap Value ETF | 0.67% |
| PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF | 0.36% |
| FYX First Trust Small Cap Core AlphaDEX Fund | 0.35% |
| GVLU Gotham 1000 Value ETF | 0.27% |
| DFSV Dimensional US Small Cap Value ETF | 0.26% |
| DFVE DoubleLine Fortune 500 Equal Weight ETF | 0.26% |
What could go wrong
- Factories cost more to run than rivals'. Goodyear says its factories are less cost-competitive than those of its main rivals. It is closing high-cost plants and modernizing others, which can disrupt production and raise costs for a time.
- Heavy debt after a large loss. Goodyear lost $1.72 billion in 2025. As of June 30, 2026, total debt was about $6.93 billion against $861 million in cash. Breaking loan terms or higher variable interest rates could strain its finances.
- Cost savings may not last. Goodyear Forward, completed in 2025, cut costs by about $1.5 billion a year. The company warns those savings may not be sustainable, which could weaken future profits and cash flow.
- Strings attached to businesses it sold. Goodyear still has supply, license and service deals with the buyers of its off-the-road tire, Dunlop and polymer chemicals businesses. That includes a 15-year chemical supply contract that could raise costs.
- Fierce competition and heavy fixed costs. Goodyear competes with Bridgestone, Michelin and imports, mainly from Asia. Its fixed costs are large, so a drop in sales or a shift away from higher-margin tires cuts operating income by proportionally more.
- Raw material costs and tariffs. Raw material, energy and shipping costs can jump quickly. Goodyear says changes in tariffs and trade rules on imported tires, materials and equipment have already hurt it and could do so again.
Recent events
- Executive or board change
- Executive or board change
- Restructuring or exit costs
- Quarterly results released
- Restructuring or exit costs
- Executive or board change
- Other company announcement
- Quarterly results released
- Shareholder vote results
- Restructuring or exit costs
For income and retirement investors
Goodyear pays no dividend. It paid $0.16 per share for fiscal 2020 and nothing for fiscal 2021 through 2025, and its yield was 0% as of October 28, 2026. It made no share repurchases (buybacks) over fiscal 2021–2025, and the share count rose 2.3% between October 2021 and July 2026, diluting existing owners. With net losses in three of the six fiscal years 2020–2025 and negative free cash flow (cash left after capital spending) in each year from 2022 to 2025, there is little room for payouts.
An income investor would rely entirely on share-price gains, and the stock has fallen sharply in downturns: 88.7% in the 2008 financial crisis, not regaining its peak until May 2015; 60.1% in the 2020 COVID crash, recovered by January 2021; and 58.2% in the 2022 bear market, a loss not recovered as of October 28, 2026. A single stock like Goodyear carries far more risk than a diversified fund.
Questions investors ask
How does Goodyear make money?
Mostly from tires. Tire units made up 84.2% of Goodyear's $18.28 billion in net sales for fiscal 2025, with other tire-related sales at 8.2%, retail and service work at 5.1% and chemicals at 2.3%. The Americas produced 58.9% of sales. It supplies tires to vehicle makers for new vehicles and to the larger replacement market through independent dealers, retailers, wholesalers and about 750 company-owned outlets. Brands include Goodyear, Cooper, Kelly, Mastercraft and Mickey Thompson.
Does Goodyear pay a dividend?
No. It paid dividends totaling $0.16 per share in fiscal 2020 and none from fiscal 2021 through 2025. Its dividend yield was 0% as of October 28, 2026. It also made no share repurchases over fiscal 2021–2025. Proceeds from asset sales under its Goodyear Forward plan went toward reducing debt, which still stood at about $6.93 billion as of June 30, 2026, against $861 million of cash.
Is Goodyear profitable?
Not consistently. Goodyear reported a net loss of $1.72 billion on $18.28 billion of net sales for fiscal 2025, or a loss of $5.99 per diluted share. Results have swung widely: net income of $764 million in fiscal 2021, $202 million in 2022 and $46 million in 2024, but losses in 2020, 2023 and 2025. In the quarter ended June 30, 2026, it lost $204 million as revenue fell 4.8% from a year earlier to $4.25 billion.
What was Goodyear Forward?
Goodyear Forward was a multi-year plan, completed in 2025, meant to reshape the company's mix of businesses, widen profit margins and reduce debt. Goodyear raised about $2.2 billion in gross proceeds from the sale of its off-the-road tire business, the Dunlop brand and its polymer chemicals business, and says its cost cuts deliver an annual benefit of about $1.5 billion. Its 10-K cautions that those savings may not be sustainable. Debt stood at about $6.93 billion as of June 30, 2026.
How has Goodyear stock performed?
Poorly over most periods measured. As of October 28, 2026, the share price was down 49.7% year to date and 37.7% over one year, with cumulative declines of 77% over five years and 83% over ten years. It fell 37.2% in 2024 and 2.7% in 2025. Over about 21 years of price history, its largest peak-to-trough fall was 90.4%, and one-year volatility, a measure of how widely the price swings, was 47.2%.