Goodyear Tire & Rubber Co.

Goodyear Tire & Rubber Co.

GTPPP
Goodyear Tire & Rubber Co.US flagNASDAQ Global Select
75.28
USD
+2.87
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Goodyear Tire & Rubber Co.
GTPPP
(NASDAQ Global Select)

Recent

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75.28

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div

yld

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Business
The Goodyear Tire & Rubber Company (NASDAQ: GT; GTPPP) manufactures and distributes tires for a wide range of vehicles and applications worldwide; its core products include passenger car, light truck, truck and bus, aviation, motorcycle, racing, farm, and off-road tires under brands such as Goodyear, Cooper, Dunlop, Kelly, Fulda, Debica, Sava, Mickey Thompson, and private labels; it also provides retreaded tires, tread rubber, automotive services including oil changes, brake repairs, alignments, rotations, battery replacements, and fleet management solutions through approximately 800 retail outlets; Goodyear operates chemical and plastic products businesses and enriched uranium production. Founded in 1898 and headquartered in Akron, Ohio, the company employs about 68,000 associates and maintains 48 manufacturing facilities across 21 countries, serving consumer replacement, original equipment, and commercial markets with a focus on innovation in fuel-efficient, sustainable, electric vehicle, and all-terrain technologies such as the Wrangler Outbound AT, Workhorse AT 2, and ElectricDrive AT tires launched in 2025. Recent major changes include the February 2025 completion of its $905 million sale of the off-the-road tire business to Yokohama Rubber, the October 2025 divestiture of most chemical operations including synthetic rubber assets to Gemspring Capital for $650 million yielding $580 million in net proceeds as part of the Goodyear Forward transformation generating $2.2 billion total from asset sales, a $320 million expansion of its Lawton, Oklahoma plant announced in April 2025 to boost capacity by 10 million premium tires annually for electric and autonomous vehicles, and a $575 million CAD investment in its Napanee, Ontario facility for modernization.