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Goodyear Tire & Rubber Co key statistics and ratios

In fiscal 2025, Goodyear Tire & Rubber Co had return on equity of -43.5%, a net margin of -9.4%, debt equal to 191.7% of equity and a current ratio of 1.06. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2009Dec 20092010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Gross margin———————27.9%24.0%22.7%21.3%16.1%21.7%18.5%17.4%19.5%18.4%18.3%
Operating margin2.3%4.9%6.0%5.9%8.1%9.4%12.3%———————————
Net margin−2.3%−1.1%1.5%1.0%3.2%13.5%1.9%8.3%2.3%4.5%−2.1%−10.2%4.4%0.9%−3.6%0.2%−9.4%−14.4%
Free-cash-flow margin3.4%−0.1%−1.2%−0.4%−1.2%−3.2%4.5%3.7%1.8%0.7%3.0%3.8%0.5%−2.6%−0.1%−2.6%−0.2%1.1%
Return on equity−51.0%−31.3%49.2%37.9%63.7%94.0%8.2%30.0%7.6%14.6%−6.7%−33.8%18.9%3.7%−14.7%1.0%−43.5%−83.8%
Return on assets−2.6%−1.4%2.1%1.2%3.7%13.8%1.8%7.7%2.1%4.1%−1.8%−7.4%4.0%0.9%−3.3%0.2%−8.8%−13.8%
Asset turnover1.131.251.371.211.141.020.960.920.920.910.870.730.920.950.910.890.930.96
Current ratio1.761.521.651.601.721.511.241.191.211.241.121.101.111.211.061.031.061.09
Debt to equity615.0%736.8%694.4%>999%389.1%177.1%146.8%121.6%124.5%118.5%130.2%194.6%148.0%148.9%165.1%166.2%191.7%253.3%
Interest cover (operating income ÷ interest)1.2x2.9x4.1x3.5x4.0x3.9x4.6x———————————
Effective tax rate——32.5%46.1%17.0%—38.2%−6.4%58.4%30.0%———47.6%—73.1%——
R&D as % of revenue2.1%1.8%1.6%1.8%2.0%2.2%2.3%2.6%2.6%2.7%2.9%3.2%2.7%2.4%2.3%2.3%2.1%—
SG&A as % of revenue14.7%14.0%12.4%12.9%14.1%15.0%15.9%15.9%14.8%14.9%15.8%17.8%15.4%13.4%14.0%14.7%14.9%15.5%
Capital spending as % of revenue4.6%5.0%4.6%5.4%6.0%5.1%6.0%6.6%5.7%5.2%5.2%5.3%5.6%5.1%5.2%6.3%4.5%4.0%
Free cash flow ÷ net income——−78.7%−42.0%−36.6%−23.8%242.7%44.4%80.1%15.2%——10.6%−282.7%—<−999%——
Dividends ÷ net income——0.0%0.0%1.9%2.4%22.1%6.5%31.8%19.9%——0.0%0.0%—0.0%——
Dividends and buybacks ÷ free cash flow——————33.3%103.7%184.1%341.0%33.9%7.9%0.0%—————

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Financial health

1 of 6 checks passed · June 30, 2026
What it owns · $18.6bn
Short-term assets $7.9bnLonger-term assets $10.7bn
What it owes, and who funded it · $18.5bn
Short-term liabilities $7.3bnLonger-term liabilities $8.4bnShareholders' equity $2.8bn
  • Short-term assets cover short-term liabilities $7.9bn of assets due within a year against $7.3bn of liabilities due within a year.
  • Short-term assets cover long-term liabilities $7.9bn short-term assets against $8.4bn of longer-dated liabilities.
  • More cash than debt $861m of cash against $8.0bn of debt.
  • Debt below 40% of shareholders' equity Debt is 282% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 135% to 282% over five years.
  • A year's operating cash flow covers at least 20% of debt $894m of operating cash flow against $8.0bn of debt.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Goodyear Tire & Rubber Co's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Moat

28 /100

Weak moat

How hard Goodyear Tire & Rubber's competitive advantage looks for rivals to wear away, judged from 9 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 2 / 20

    Cash operating profit has been a median 3.0% of total assets over 9 years.

  • Pricing power 8 / 20

    Gross margin has been a median 19.4%, moving by 2.3 percentage points (standard deviation) across 9 years.

  • Durability 10 / 20

    Operating margin has been a median 9.5%; its worst year was 5.4%.

  • Cash conversion 4 / 20

    Free cash flow was positive in 4 of 10 years, at a median -0.4% of revenue.

  • Discipline 10 / 20

    The diluted share count rose 20.7% over five years; stock-based pay has been a median 0.1% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (33 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Compare with peers

Head to head: GT vs MGMABG vs GTDASH vs GT

More: Consumer Discretionary sector, rankings of US companies

Figures from Goodyear Tire & Rubber Co's SEC filings (10-K and 10-Q), retrieved October 26, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Goodyear Tire & Rubber Co.