GTGOODYEAR TIRE & RUBBER CO /OH/

Tires & Inner Tubes

Revenue: $18.3B; 3.2% YoY
Operating margin: —
EBITDA: —
Market cap: $1.2B
Employees: 36,000; $508K revenue each
Net debt / EBITDA: —; $4.9B net debt
AI in 10-K: 0.0; mentions per 10K words

Takeover score 2 of 13

Fixable underperformance 0 of 7

TSR below peersNo
—
3+ of last 5 years
High CEO pay despite TSRNo
—
Median CEO pay ≥ $15M while TSR trails
Earnings not backed by cashNo
—
Cash flow under 80% of net income
Dilutive SBCNo
0% of revenue
Over 10% of revenue
Payouts exceed cash flowNo
0% of cash flow
Buybacks + dividends over cash flow
Goodwill-heavyNo
0% of assets
Over 40% of assets
Shareholder dissentNo
95% lowest support
Any vote under 80% support

Buyer economics 2 of 4

Low revenue per employeeNo
$508K · 42nd pct
Bottom quartile of its SIC industry
Quiet on AIYes
0.0 per 10K words · 0th pct
Bottom quartile of AI mentions in 10-Ks
Net cashNo
1.8× EBITDA net debt
More cash than debt, positive EBITDA
Buyout-sizedYes
$1.2B market cap
Market cap $500M–$5B

Catalysts 0 of 2

Active 13DNo
0 filings
Active-intent 13D in 18 months
Net insider sellingNo
$755K net
Net sales over $10M in 12 months

Financials

Metric	FY2021	FY2022	FY2023	FY2024	FY2025	YoY	Trend
Revenue	$17.5B	$20.8B	$20.1B	$18.9B	$18.3B	3.2%
Net income	$764M	$191M	−$729M	$46M	−$1.7B	3841%
Operating cash flow	$1.1B	$521M	$1.0B	$698M	$796M	14%
Capex	$981M	$1.1B	$1.1B	$1.2B	$826M	30%
Stock-based comp	$36M	$14M	$19M	$23M	$23M	0.0%
Dividends	$0	$0	$0	$0	$0

Deal filings

None.

13D filers

None on file.

Insider trading

Open-market buys, 12 mo: $755K · 1
Open-market sells, 12 mo: $0 · 0
Net: $755K

Pay vs performance

No pay-versus-performance disclosure yet.