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Goodyear Tire & Rubber Co
SIX:GT

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Goodyear Tire & Rubber Co
SIX:GT
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Price: 25 CHF Market Closed
Market Cap: CHf1.9B

Gross Margin

18.3%
Current
No historical data
Comparison unavailable

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
18.3%
=
Gross Profit
$3.3B
/
Revenue
$18.3B

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
18.3%
=
Gross Profit
CHf3.3B
/
Revenue
$18.3B

Peer Comparison

Country Company Market Cap Gross
Margin
US
Goodyear Tire & Rubber Co
NASDAQ:GT
2.5B USD
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JP
Bridgestone Corp
TSE:5108
4.7T JPY
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FR
Compagnie Generale des Etablissements Michelin SCA
PAR:ML
24.2B EUR
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JP
Yokohama Rubber Co Ltd
TSE:5101
1.2T JPY
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IT
Pirelli & C SpA
MIL:PIRC
6.3B EUR
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CN
Sailun Group Co Ltd
SSE:601058
50.7B CNY
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IN
MRF Ltd
NSE:MRF
607.1B INR
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KR
Hankook Tire & Technology Co Ltd
KRX:161390
9.2T KRW
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IN
Balkrishna Industries Ltd
NSE:BALKRISIND
480.5B INR
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JP
Toyo Tire Corp
TSE:5105
725.8B JPY
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JP
Sumitomo Rubber Industries Ltd
TSE:5110
722.8B JPY
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Market Distribution

Lower than 83% of companies in the United States of America
Percentile
17th
Based on 12 729 companies
17th percentile
18.3%
Low
-24 813% — 28.9%
Typical Range
28.9% — 60.5%
High
60.5% — 10 905 714.3%
Distribution Statistics
the United States of America
Min -24 813%
30th Percentile 28.9%
Median 43%
70th Percentile 60.5%
Max 10 905 714.3%

Goodyear Tire & Rubber Co
Glance View

From the bustling streets of the early 20th century to today's interconnected highways, Goodyear Tire & Rubber Co. has confidently rolled along as a significant force in the tire industry. Founded in 1898 by Frank Seiberling, the company began with bicycles and carriages in mind. As the automobile revolution gained traction, Goodyear adeptly adjusted its focus, producing tires suited for the growing market of motor vehicles. The company's innovation and dedication to quality in manufacturing quickly earned it a reputation, propelling Goodyear to become one of the largest tire manufacturers in the world. Headquartered in Akron, Ohio, Goodyear has built a vast network of production facilities and robust distribution channels across the globe, showcasing its ability to adapt to and harness the winds of change over the decades. The core of Goodyear's revenue model lies in designing, manufacturing, and selling tires for a diverse range of vehicles – from passenger cars and motorcycles to trucks, SUVs, and specialized commercial vehicles. It's not just the endpoints of design and sale; Goodyear's prowess is equally evident in its attention to research and development, where continuous technological innovation leads to improvements in tire performance, durability, and sustainability. Retail networks, including branded stores and online platforms, broaden its market reach. Additionally, the company's strategic partnerships with automakers and presence in aftermarket tire sales help cement its revenue base. Goodyear's operations are supported by a keen focus on cost management and efficient production processes, ensuring it remains competitive in a highly price-sensitive market. Through this intricate web of production, research, and strategic alignment, Goodyear not only sells tires but also crafts solutions that keep the world's vehicles moving forward efficiently and safely.

GT Intrinsic Value
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What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
18.3%
=
Gross Profit
$3.3B
/
Revenue
$18.3B
What is Goodyear Tire & Rubber Co's current Gross Margin?

The current Gross Margin for Goodyear Tire & Rubber Co is 18.3%, which is in line with its 3-year median of 18.2%.

How has Gross Margin changed over time?

Over the last 3 years, Goodyear Tire & Rubber Co’s Gross Margin has decreased from 18.5% to 18.3%. During this period, it reached a low of 16.4% on Sep 30, 2023 and a high of 19.7% on Sep 30, 2024.

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