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Goodyear Tire & Rubber Co
F:GTR

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Goodyear Tire & Rubber Co Logo
Goodyear Tire & Rubber Co
F:GTR
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Price: 4.5 EUR -0.49% Market Closed
Market Cap: €1.3B

Goodyear Tire & Rubber Co
Investor Relations

Goodyear Tire & Rubber makes tires for cars, pickup trucks, SUVs, commercial trucks, aircraft, motorcycles, and racing use. It also sells related products such as replacement tires and tire services through a mix of wholesale, retail, and fleet channels. Its customers include vehicle owners, auto dealers, tire shops, truck fleets, and original equipment manufacturers that buy tires to fit new vehicles. The company makes money mainly by selling tires and related products, along with services tied to tire performance and replacement. A large part of the business comes from replacement tires, since tires wear out and must be swapped over time. Goodyear also sells into the original equipment market, where automakers specify tires for new vehicles, which ties the company closely to vehicle design and factory supply chains. What makes Goodyear different is that tires are a safety-critical, high-wear product that combines materials science, manufacturing, and distribution. The company competes on fit, durability, ride quality, and brand trust, not just price. Because vehicles always need replacement tires, Goodyear has a steady role in the automotive aftermarket as well as in new vehicle production.

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Last Earnings Call
Fiscal Period
Q2 2026
Call Date
Aug 6, 2026
AI Summary
Q2 2026

In line: Goodyear said second quarter performance was in line with expectations, with tire volumes improving sequentially from Q1 even though sales were still down year over year.

Portfolio shift: Management said it is deliberately exiting low-margin SKUs and investing more in premium products, especially 18-inch and above tires, where mix continues to improve.

Fayetteville: The company announced the closure of its Fayetteville plant, saying it will reduce structural costs in the Americas and better align manufacturing with demand over time.

Regional split: Asia Pacific stood out with volume growth, revenue growth, and margin expansion, while the Americas remained challenging and EMEA improved versus last year.

Outlook held: Management said the full-year outlook was essentially unchanged, with Q3 volume expected to be roughly flat and pricing/mix continuing to offset raw material and tariff pressure.

Key Financials
Sales
$4.3 billion
Sales, organic
down about 1%
Unit volume
down 4%
Gross margin
down 1 percentage point
SAG
up about 1.5%
Segment operating income
$36 million
Earnings per share
loss of $0.61
Free cash flow
use of $69 million
Net debt
down over $700 million versus a year ago
Senior notes issued
approximately $1 billion
Americas unit volume
down 9%
Americas segment operating income
loss of $10 million
EMEA unit volume
down 2%
EMEA segment operating income
loss of $17 million
EMEA segment operating income, adjusted for Dunlop sale
improved by $20 million
Asia Pacific unit volume
up 5.3%
Asia Pacific segment operating income
$63 million
18-inch and above mix
up 4 percentage points year over year
18-inch and above consumer sales mix in Asia Pacific
up 500 basis points year over year
Q3 price and mix benefit
about $110 million
Q3 raw material impact
about $20 million
Q3 Goodyear Forward benefit
roughly $70 million
Q3 inflation impact
about $60 million
Q3 tariff impact
approximately $10 million
Q3 tax expense
roughly $50 million
Fayetteville cash costs
roughly $200 million
Fayetteville cash costs in 2026
approximately $40 million
Fayetteville cash costs in 2027
$100 million
Fayetteville benefits in 2027
$90 million
Fayetteville benefits in 2028 and thereafter
about $270 million annually
Fayetteville benefits in 2028
nearly $250 million
Earnings Call Recording
Other Earnings Calls

Management

Ms. Christina L. Zamarro
Executive VP & CFO
No Bio Available
Mr. Christopher Raymond Delaney BA
President of Europe, Middle East & Africa
No Bio Available
Mr. Mark W. Stewart
President, CEO & Director
No Bio Available
Mr. Christopher P. Helsel
Senior VP of Global Operations & CTO
No Bio Available
Mr. Evan M. Scocos
VP of Finance-Americas, Controller & Principal Accounting Officer
No Bio Available
Mr. Greg Shank
Senior Director of Investor Relations
No Bio Available
Mr. David E. Phillips Esq.
Senior VP & General Counsel
No Bio Available
Ms. Laura P. Duda
Senior VP & Chief Communications Officer
No Bio Available
Mr. Will Roland
Senior VP & Chief Marketing Officer
No Bio Available
Ms. Nicole Gray
Senior VP & Chief Human Resources Officer
No Bio Available

Contacts

Address
OHIO
Akron
200 Innovation Way
Contacts
+13307962121
www.goodyear.com