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Goodyear Tire & Rubber Company GT Americas — Rationalizations (Note 3)

Other segment segments

Europe, Middle East and Africa
$23M-46.5%
Asia Pacific
$2M

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Other financials

Income statement

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Revenue$4.3B-4.8%
Gross profit$681.0M-10.4%
Net income-$204.0M-180%
EPS (diluted)-$0.71-182%

Balance sheet

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Cash & equivalents$861.0M+9.7%
Total debt$7.4B-12.5%
Total equity$2.8B-44.5%
Total assets$18.7B-16.2%

Cash flow

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Operating cash flow-$718.0M-33.5%
CapEx$167.0M-19.3%
Free cash flow-$69.0M+82.2%

Valuation

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Market cap$1.94B-31.6%
Enterprise value$8.49B-19.3%
P/S0.1×0.0×

Profitability

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Gross margin18.3%-0.2pp
Net margin-15%-17.2pp
FCF margin-3.1%-6.4pp

Returns & leverage

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Return on equity-66.6%-74.8pp
Debt / equity2.6×+1.0×
Current ratio1.1×-0.1×

Where this comes from

Reported directly by Goodyear Tire & Rubber Company in its filing.

Tagged under the XBRL concept us-gaap:RestructuringCharges.

The source filing: Goodyear Tire & Rubber Company’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 11:27 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-054032
(In millions)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Rationalizations
Americas$3$10$14$72
Europe, Middle East and Africa234310855
Asia Pacific231
Total Segment Rationalizations$28$53$125$128
Corporate16812
$29$59$133$140

ITEM 1. FINANCIAL STATEMENTS.

FAQ

What is Goodyear Tire & Rubber Company's americas — rationalizations (note 3)?
Goodyear Tire & Rubber Company (GT) reported americas — rationalizations (note 3) of $3M in Q2 2026.
How has Goodyear Tire & Rubber Company's americas — rationalizations (note 3) changed year-over-year?
Goodyear Tire & Rubber Company's americas — rationalizations (note 3) decreased by 70.0% year-over-year, from $10M to $3M.
What is the long-term trend for Goodyear Tire & Rubber Company's americas — rationalizations (note 3)?
Over 4 years (2021 to 2025), Goodyear Tire & Rubber Company's americas — rationalizations (note 3) has grown at a 25.4% compound annual growth rate (CAGR), from $38M to $94M.
What does americas — rationalizations (note 3) mean?
Reflects costs incurred from restructuring activities, such as facility closures, headcount reductions, or process optimizations within the Americas segment. These charges are typically associated with strategic efforts to improve long-term operational efficiency and cost structure.

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