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The Goodyear Tire & Rubber Company is a U.S.-based multinational corporation operating in the industrial sector, with a primary focus on tire manufacturing, rubber production, and composite materials. Its origins trace back to Frank A. Seiberling, who founded the brand in 1898, driven by the expansion of transportation markets and the need for more efficient rubber products for industrial, automotive, and urban mobility applications.
The company’s product and service portfolio includes tires for passenger vehicles, trucks, buses, aircraft, agricultural machinery, industrial equipment, and commercial fleets; retreading solutions; high-performance rubber products; and fleet maintenance and monitoring services. It also participates in the development of smart tire technologies, performance-management systems, and research involving advanced materials.
Its market presence is global, with operations across North America, Europe, Asia, Latin America, and the Middle East. Commercial distribution extends to automakers, retailers, dealerships, logistics operators, aviation companies, and agricultural sectors, in addition to institutional contracts and industrial partnerships.
Market factors influencing its activities include automotive-sector cycles, global prices of natural and synthetic rubber, competitive pressure among global tire manufacturers, demand for electric vehicles, safety regulations, environmental standards, trade agreements, and volatility in global logistics. Operational efficiency, innovation, and durability requirements directly shape product development.
Corporate scale is represented by tens of thousands of employees, manufacturing facilities on multiple continents, distribution networks, and technology development centers. Operational volume supports large automakers, specialized retail channels, and corporate markets with high levels of industrial consumption.
The operational structure includes tire manufacturing plants, R&D centers, testing laboratories, logistics hubs, and commercial subsidiaries. Its headquarters is located in Akron, Ohio, with divisions dedicated to passenger, commercial, industrial, and aviation tires, as well as retreading operations and integrated fleet-solution segments.
Its operating model combines industrial production, advanced engineering, materials research, international logistics, and multichannel commercialization. Strategy involves optimizing production processes, establishing technological partnerships, and diversifying market exposure.
The company’s trading ticker is GT, listed on Nasdaq.
History and Foundation
The company was founded in 1898 in Akron, Ohio, in response to the expansion of the rubber industry and the rising demand for tires and industrial materials. Early years were marked by the development of bicycle tires and initial automotive products, alongside the introduction of manufacturing processes that enabled rapid growth.
Initial challenges included scaling production, competing with emerging manufacturers, and developing new technologies. Relevant early achievements include supplying tires for pioneering vehicles and expanding large-scale manufacturing capacity during the early 20th century.
The expansion phase included entry into international markets, diversification of product lines, investments in radial tire technology, and acquisition of production units. New segments such as aviation and heavy commercial vehicles strengthened its global industrial presence.
Key historical milestones include its 1927 initial public offering (IPO), technological advancements in aviation tires, acquisition of regional manufacturers, modernization of industrial plants, and participation in strategic mobility programs. The company’s consolidation as a global supplier broadened its commercial reach throughout the 20th century.
Between 2020 and 2024, the company underwent operational restructurings, production-capacity adjustments, digital-transformation initiatives, advances in smart-tire technologies, acquisition of strategic assets, and direct impacts from volatility in the global automotive sector. Environmental regulatory changes, demand for electric vehicles, and logistics fluctuations influenced performance and portfolio reorganization during the period.
Additional Information
The Company The Goodyear Tire & Rubber Company (United States), is listed on Nasdaq with a market value of $ 2.60 Billions, having an equity of $ 3.40 Billions.
With a total of 62.000 employees, the company is listed in the sector of Consumer Discretionary Products and categorized in industry of Automotive Components.
In the last 12 months the Company had a revenue of $ 18.28 Billions, which generated a profit in the amount of $ -1.72 Billion.
As for its main indicators, the Company has a P/E ratio of -1.51, a P/BV ratio of 0.76 and in the last 12 months the Company did not pay dividends.
The Company is traded internationally through the ticker GT.
