Goodyear
GT
#3988
Rank
$2.34 B
Marketcap
$8.22
Share price
2.62%
Change (1 day)
-34.61%
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 November 2024 (TTM): -3.37%

According to Goodyear's latest financial reports and stock price the company's current Operating Margin is -3.37%. At the end of 2023 the company had an Operating Margin of -3.37%.

Operating Margin history for Goodyear from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-3.37%-275.92%
20221.92%-34.66%
20212.94%-131.72%
2020-9.25%-870.78%
20191.20%-81.63%
20186.53%14.42%
20175.71%-28.29%
20167.96%115.35%
20153.70%-2.38%
20143.79%-8.97%
20134.16%98.5%
20122.10%-22.78%
20112.71%6289.83%
20100.04%-101.94%
2009-2.19%-329.46%
20080.95%-59.59%
20072.36%-241.5%
2006-1.67%-184.62%
20051.97%12.08%
20041.76%-138.52%
2003-4.57%3231.95%
2002-0.14%-94.25%
2001-2.39%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
9.69%-387.56%๐Ÿ‡บ๐Ÿ‡ธ 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.