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Goodyear Tire & Rubber Company GT Europe, Middle East and Africa — Rationalizations (Note 3)

Other segment segments

Americas
$3M-70.0%
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 europe, middle east and africa — rationalizations (note 3)?
Goodyear Tire & Rubber Company (GT) reported europe, middle east and africa — rationalizations (note 3) of $23M in Q2 2026.
How has Goodyear Tire & Rubber Company's europe, middle east and africa — rationalizations (note 3) changed year-over-year?
Goodyear Tire & Rubber Company's europe, middle east and africa — rationalizations (note 3) decreased by 46.5% year-over-year, from $43M to $23M.
What is the long-term trend for Goodyear Tire & Rubber Company's europe, middle east and africa — rationalizations (note 3)?
Over 4 years (2021 to 2025), Goodyear Tire & Rubber Company's europe, middle east and africa — rationalizations (note 3) has grown at a 16.0% compound annual growth rate (CAGR), from $48M to $87M.
What does europe, middle east and africa — rationalizations (note 3) mean?
Reflects costs associated with restructuring, plant closures, or workforce reductions aimed at improving long-term operational efficiency within the EMEA segment. High levels of these charges often indicate significant strategic shifts or efforts to reduce structural costs.

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