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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

Operating Margin

2.6%
Current
Declining
by 0.3%
vs 3-y average of 2.9%

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin
2.6%
=
Operating Income
$479m
/
Revenue
$18.3B

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin
2.6%
=
Operating Income
CHf479m
/
Revenue
$18.3B

Peer Comparison

Country Company Market Cap Operating
Margin
US
Goodyear Tire & Rubber Co
NASDAQ:GT
1.9B USD
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JP
Bridgestone Corp
TSE:5108
4.3T JPY
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FR
Compagnie Generale des Etablissements Michelin SCA
PAR:ML
21B EUR
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IT
Pirelli & C SpA
MIL:PIRC
6B EUR
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CN
Sailun Group Co Ltd
SSE:601058
44.2B CNY
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JP
Yokohama Rubber Co Ltd
TSE:5101
949.5B JPY
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IN
MRF Ltd
NSE:MRF
536B INR
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KR
Hankook Tire & Technology Co Ltd
KRX:161390
6.3T KRW
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IN
Balkrishna Industries Ltd
NSE:BALKRISIND
399.6B INR
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JP
Toyo Tire Corp
TSE:5105
579.3B JPY
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CN
Anhui Zhongding Sealing Parts Co Ltd
SZSE:000887
23.5B CNY
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Market Distribution

In line with most companies in the United States of America
Percentile
41st
Based on 14 112 companies
41st percentile
2.6%
Low
-4 087 900% — -5.1%
Typical Range
-5.1% — 14.8%
High
14.8% — 1 032 600%
Distribution Statistics
the United States of America
Min -4 087 900%
30th Percentile -5.1%
Median 6%
70th Percentile 14.8%
Max 1 032 600%

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 Operating Margin?
Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.
How is Operating Margin calculated?

Operating Margin is calculated by dividing the Operating Income by the Revenue.

Operating Margin
2.6%
=
Operating Income
$479m
/
Revenue
$18.3B
What is Goodyear Tire & Rubber Co's current Operating Margin?

The current Operating Margin for Goodyear Tire & Rubber Co is 2.6%, which is below its 3-year median of 2.9%.

How has Operating Margin changed over time?

Over the last 3 years, Goodyear Tire & Rubber Co’s Operating Margin has decreased from 4.1% to 2.6%. During this period, it reached a low of 1.5% on Sep 30, 2023 and a high of 4.1% on Dec 31, 2022.

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