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Goodyear Tire & Rubber Company GT Payments for Restructuring

Payments for Restructuring at other companies

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Monro, Inc.MNRO
$1.6M

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-22.0%
Enterprise value$8.49B-16.5%
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:PaymentsForRestructuring.

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)Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Provision for Deferred Income Taxes (Note 5)(8)(55)
Net Pension Curtailments and Settlements4
Net Rationalization Charges (Note 3)133140
Rationalization Payments(123)(204)
Net (Gain) Loss on Asset Sales(20)(701)
Operating Lease Expense150159
Operating Lease Payments(137)(141)
Pension Contributions and Direct Payments(22)(53)

ITEM 1. FINANCIAL STATEMENTS.

FAQ

What is Goodyear Tire & Rubber Company's payments for restructuring?
Goodyear Tire & Rubber Company (GT) reported payments for restructuring of $40M in Q2 2026.
How has Goodyear Tire & Rubber Company's payments for restructuring changed year-over-year?
Goodyear Tire & Rubber Company's payments for restructuring decreased by 71.2% year-over-year, from $139M to $40M.
What is the long-term trend for Goodyear Tire & Rubber Company's payments for restructuring?
Over 4 years (2021 to 2025), Goodyear Tire & Rubber Company's payments for restructuring has grown at a 21.6% compound annual growth rate (CAGR), from $197M to $431M.
What does payments for restructuring mean?
This represents the actual cash outflow associated with executing restructuring plans, such as severance payments or lease termination fees. Unlike restructuring charges, which are accounting estimates, this reflects the tangible liquidity impact of organizational changes. It is a key indicator of the cash cost required to achieve operational improvements.

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