Goodyear
GT
$12.14
Share price
-1.46%
Change (1 day)
-4.56%
Change (1 year)
Categories
The Goodyear Tire & Rubber Company is an American tire manufacturer. Goodyear manufactures tires for automobiles, commercial trucks, light trucks, motorcycles, airplanes, farm equipment and heavy earth-mover machinery.
Operating Margin for Goodyear (GT)
Operating Margin as of September 2023 (TTM): 1.91%
According to Goodyear's latest financial reports and stock price the company's current Operating Margin is 1.91%. At the end of 2022 the company had an Operating Margin of 1.92%.
Operating Margin history for Goodyear from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 1.92% | -34.66% |
| 2021 | 2.94% | -131.72% |
| 2020 | -9.25% | -870.78% |
| 2019 | 1.20% | -81.63% |
| 2018 | 6.53% | 14.42% |
| 2017 | 5.71% | -28.29% |
| 2016 | 7.96% | 115.35% |
| 2015 | 3.70% | -2.38% |
| 2014 | 3.79% | -8.97% |
| 2013 | 4.16% | 98.5% |
| 2012 | 2.10% | -22.78% |
| 2011 | 2.71% | 6289.83% |
| 2010 | 0.04% | -101.94% |
| 2009 | -2.19% | -329.46% |
| 2008 | 0.95% | -59.59% |
| 2007 | 2.36% | -2275.01% |
| 2006 | -0.11% | -104.38% |
| 2005 | 2.48% | 41.14% |
| 2004 | 1.76% | -138.5% |
| 2003 | -4.56% | 3430.69% |
| 2002 | -0.13% | -93.3% |
| 2001 | -1.93% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Cooper Tire & Rubber Company CTB | 9.69% | 407.38% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.