GOODYEAR TIRE & RUBBER CO /OH/ financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data GOODYEAR TIRE & RUBBER CO /OH/ files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	15,158	15,377	15,475	14,745	12,321	17,478	20,805	20,066	18,878	18,280
Cost of revenue	10,935	11,680	11,961	11,602	10,337	13,692	16,953	16,582	15,192	14,909
Gross profit	4,223	3,697	3,514	3,143	1,984	3,786	3,852	3,484	3,686	3,371
Research and development	388	406	424	430	390	473	501	461	426	380
Selling, general and administrative	2,409	2,279	2,312	2,323	2,192	2,699	2,798	2,814	2,782	2,719
Interest expense	372	335	321	340	324	387	451	532	522	445
Interest income	15	13	16	18	14	24	34	84	54	37
Other non-operating income	-25	-70	174	98	-119	-94	-75	-231	-134	-288
Pre-tax income	1,207	878	1,011	177	-1,140	513	399	-721	130	-133
Income tax	-77	513	303	474	110	-267	190	10	95	1,567
Net income to minority interests	20	19	15	14	4	16	7	-2	-11	21
Net income	1,264	346	693	-311	-1,254	764	202	-729	46	-1,721
EPS, basic	5.09	1.47	3.09	-1.41	-5.66	3.09	0.75	-2.56	0.16	-5.99
EPS, diluted	5.01	1.45	3.06	-1.41	-5.66	3.06	0.75	-2.56	0.16	-5.99
Shares, basic (weighted)	249	235	224	0	221	247	268	285	287	288
Shares, diluted (weighted)	251	239	226	0	221	250	270	285	288	288
Dividend per share	0.33	0.47	0.61	0.68	0.17	0.00	0.00	0.00	0.00	0.00

Balance sheet

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash and equivalents	1,132	1,043	801	908	1,539	1,088	1,227	902	810	801
Receivables	1,769	2,025	2,030	1,941	1,691	2,387	2,610	2,731	2,482	2,341
Inventory	2,627	2,787	2,856	2,851	2,153	3,594	4,571	3,671	3,554	3,572
Other current assets	190	224	238	234	237	262	257	319	277	446
Total current assets	5,718	6,079	5,925	5,934	5,620	7,331	8,665	7,623	7,589	7,218
Property, plant and equipment	7,040	7,451	7,259	7,208	7,073	8,345	8,294	8,492	8,082	7,843
Lease right-of-use assets			0	855	851	981	976	985	951	998
Goodwill	535	595	569	565	408	1,004	1,014	781	756	42
Intangible assets	136	139	136	137	135	1,039	1,004	969	805	663
Other non-current assets	668	792	1,136	959	952	1,106	1,035	1,075	1,052	1,096
Total assets	16,511	17,064	16,872	17,185	16,506	21,402	22,431	21,555	20,921	18,208
Accounts payable	2,589	2,807	2,920	2,908	2,945	4,148	4,803	4,357	4,092	3,879
Accrued liabilities	584	539	471	536	540	689	643	663	606	578
Deferred revenue			39	23	23	23	19	18	13	34
Short-term debt	681	653	653	910	558	749	623	793	1,390	870
Total current liabilities	4,817	5,025	4,781	5,287	5,106	6,612	7,140	7,178	7,377	6,782
Long-term debt	4,798	5,076	5,110	4,753	5,432	6,648	7,267	6,831	6,392	5,328
Lease liabilities			0	668	684	819	821	825	804	862
Other non-current liabilities	626	498	471	508	471	559	605	885	628	941
Total liabilities	11,786	12,214	11,802	12,640	13,247	16,218	16,965	16,776	16,098	14,805
Total debt	5,193	5,427	5,316	5,066	5,334	6,736	7,240	7,012	6,963	5,431
Paid-in capital	2,645	2,295	2,111	2,141	2,171	3,107	3,117	3,133	3,159	3,175
Retained earnings	5,808	6,044	6,597	6,113	4,809	5,573	5,775	5,035	5,081	3,360
Other comprehensive income	-4,198	-3,976	-4,076	-4,136	-4,135	-3,963	-3,875	-3,835	-3,844	-3,588
Shareholders' equity	4,507	4,603	4,864	4,351	3,078	4,999	5,300	4,617	4,681	3,233
Minority interests	218	247	206	194	181	185	166	162	142	170
Total equity	4,725	4,850	5,070	4,545	3,259	5,184	5,452	4,779	4,823	3,403
Total liabilities and equity	16,511	17,064	16,872	17,185	16,506	21,402	22,431	21,555	20,921	18,208
Shares outstanding	238	227	219	220	220	267	268	284	285	286

Cash flow statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Net income	1,284	365	708	-297	-1,250	780	209	-731	35	-1,700
Depreciation and amortization	727	781	778	795	859	883	964	1,001	1,049	1,045
Stock-based compensation	23	22	16	27	31	36	14	19	23	23
Deferred income tax	-229	366	131	323	23	-471	28	-230	-65	1,357
Change in receivables	211	-147	-172	71	132	-300	-333	-59	127	215
Change in inventory	-172	-44	-171	6	713	-982	-1,042	933	-106	12
Cash from operations	1,557	1,158	916	1,207	1,115	1,062	521	1,032	698	796
Capital expenditures	-996	-881	-811	-770	-647	-981	-1,061	-1,050	-1,188	-826
Acquisitions				0	0	-1,856	0	0
Purchases of investments	-72	-83	-68	-113	-96	-118	-75	-97	0	0
Cash from investing	-979	-879	-867	-800	-667	-2,793	-914	-1,035	-1,005	997
Debt issued	4,988	6,463	6,455	5,942	6,251	9,862	10,503	9,932	14,420	16,071
Debt repaid	-5,433	-6,342	-6,469	-6,008	-6,059	-8,504	-9,947	-10,220	-14,387	-17,763
Stock issued	17	19	9	2	0	9	-6	-2	-3	-6
Share buybacks	-500	-400	-220	0	0
Dividends paid	-82	-110	-138	-148	-37	0	0	0	0	0
Cash from financing	-876	-415	-243	-307	203	1,309	575	-333	225	-1,770
Exchange rate effect	-15	57	-43	1	-1	-38	-35	10	-39	23
Net change in cash	-313	-79	-237	101	650	-460	147	-326	-121	46
Free cash flow	561	277	105	437	468	81	-540	-18	-490	-30
Interest paid	351	314	331	324	315	316	437	514	515	414
Income taxes paid	153	144	178	142	45	201	174	200	170	160

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $5.13 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Gross margin	18.3%	Gross profit / revenue.
Pre-tax margin	-5.1%	Pre-tax income / revenue.
Net margin	-14.4%	Net income / revenue.
FCF margin	1.1%	Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin	5.1%	Cash from operations / revenue.
Return on equity (ROE)	-89.6%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	-13.6%	Net income / average total assets.
SG&A / revenue	15.5%	Selling, general and administrative expense / revenue.
Stock-based pay / revenue	0.1%	Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue	4.0%	Capital expenditures / revenue.
D&A / revenue	5.5%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	-3.2%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	-4.2%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y	8.2%	Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y	-8.5%	Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y	-4.3%	Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y	11.2%	Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Net income growth, 1y	-3,841.0%	Net income vs the same period a year earlier. Only from a positive base.
EPS growth, 1y	-3,844.0%	EPS vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y	14.0%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	15.2%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y	-6.5%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y	-30.9%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	-15.2%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y	1.0%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	-13.0%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	-6.7%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	2.0%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	0.0%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	2.1%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	5.4%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Current ratio	1.09x	Current assets / current liabilities.
Quick ratio	0.49x	(Cash + short-term investments + receivables) / current liabilities.
Cash ratio	0.12x	(Cash + short-term investments) / current liabilities.
Debt / equity	2.32x	Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets	35.3%	Total debt / total assets.
Liabilities / assets	83.9%	Total liabilities / total assets.
Net debt	$5.71B	Total debt - cash - short-term investments. Negative means more cash than debt.
Working capital	$635.0M	Current assets - current liabilities.
Goodwill and intangibles / assets	3.7%	(Goodwill + intangible assets) / total assets.
Tangible book value	$2.14B	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	0.95x	Revenue / average total assets.
Fixed asset turnover	2.33x	Revenue / average property, plant and equipment.
Inventory turnover	3.69x	Cost of revenue / average inventory.
Days inventory	99 days	365 x average inventory / cost of revenue.
Receivables turnover	6.49x	Revenue / average receivables.
Days sales outstanding	56 days	365 x average receivables / revenue.
Days payables	98 days	365 x average accounts payable / cost of revenue.
Cash conversion cycle	57 days	Days inventory + days sales outstanding - days payables.
Capex / operating cash flow	78.5%	Capital expenditures / cash from operations, when that is positive.

Per share

Metric	Value	How it is calculated
EPS, diluted	-$8.80	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share	$61.22	Revenue / diluted weighted shares.
FCF per share	$0.66	Free cash flow / diluted weighted shares.
Operating cash flow per share	$3.09	Cash from operations / diluted weighted shares.
Book value per share	$9.86	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$7.44	Tangible book value / shares outstanding.
Cash per share	$2.99	(Cash + short-term investments) / shares outstanding.

Valuation

Metric	Value	How it is calculated
Market cap	$1.48B	Share price x shares outstanding.
Enterprise value	$7.19B	Market cap + total debt - cash - short-term investments.
P/S	0.08x	Market cap / revenue.
P/B	0.52x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	0.69x	Market cap / tangible book value, when positive.
P/FCF	7.68x	Market cap / free cash flow. Only when free cash flow is positive.
P/OCF	1.65x	Market cap / cash from operations, when positive.
EV/Sales	0.41x	Enterprise value / revenue.
EV/FCF	37.4x	Enterprise value / free cash flow, when both are positive.
FCF yield	13.0%	Free cash flow / market cap.
Earnings yield	-172.4%	Net income / market cap (the inverse of P/E).

What was GOODYEAR TIRE & RUBBER CO /OH/'s revenue in fiscal 2025?

GOODYEAR TIRE & RUBBER CO /OH/ reported revenue of $18.28B for fiscal 2025, 3.2% lower than the year before.

Was GOODYEAR TIRE & RUBBER CO /OH/ profitable in fiscal 2025?

No. It reported a net loss of $1.72B.

How much free cash flow did GOODYEAR TIRE & RUBBER CO /OH/ generate in fiscal 2025?

Cash from operations of $796.0M minus capital expenditures of $826.0M left free cash flow of -$30.0M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

Open interactive statements, quarterly figures and charts

Back to GOODYEAR TIRE & RUBBER CO /OH/