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GOODYEAR TIRE & RUBBER CO (GT)

Income Statement Business | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
Total revenues   [+]17,478.012,321.014,745.015,475.00.00.016,443.018,138.0
            Revenue growth   [+]41.9%-16.4%-4.7%  -100.0%-9.3%-7.2%
Cost of goods sold  13,692.010,337.011,602.011,961.011,680.010,935.012,164.013,906.0
Gross profit  3,786.01,984.03,143.03,514.0-11,680.0-10,935.04,279.04,232.0
            Gross margin  21.7%16.1%21.3%22.7%  26.0%23.3%
Selling, general and administrative     2,312.02,279.02,409.02,614.02,720.0
EBITDA   [+]1,382.0-300.0978.01,992.02,667.03,221.02,171.02,244.0
            EBITDA margin  7.9%-2.4%6.6%12.9%  13.2%12.4%
Depreciation  862.0857.0793.0776.0711.0677.0697.0732.0
EBITA  520.0-1,157.0185.01,216.01,956.02,544.01,474.01,512.0
            EBITA margin  3.0%-9.4%1.3%7.9%  9.0%8.3%
Amortization of intangibles  21.02.02.02.02.01.01.0 
EBIT   [+]499.0-1,159.0183.01,214.01,954.02,543.01,473.01,512.0
            EBIT margin  2.9%-9.4%1.2%7.8%  9.0%8.3%
Non-recurring items   [+]10.0 25.056.0133.0200.0760.095.0
Interest expense, net   [+]-24.0-14.0-18.0305.0322.0357.0416.0416.0
Other income (expense), net   [+] 5.01.0158.057.010.0311.0-314.0
Pre-tax income  513.0-1,140.0177.01,011.01,556.01,996.0608.0687.0
Income taxes  -267.0110.0474.0303.0513.0-77.0232.0-1,834.0
            Tax rate    267.8%30.0%33.0% 38.2% 
Minority interest     15.019.020.069.069.0
Net income  764.0-1,254.0-311.0693.0346.01,264.0307.02,445.0
            Net margin  4.4%-10.2%-2.1%4.5%  1.9%13.5%
   
Basic EPS   [+]$2.93($5.36)($1.33)$2.92$1.39$4.81$1.14$9.12
Diluted EPS   [+]$2.89($5.36)($1.33)$0.97$1.37$4.75$1.12$8.76
   
Dividends per share   [+] $0.16$0.64$0.58$0.44$0.31$0.25$0.22
   
Shares outstanding (basic)   [+]261.0234.0233.0237.0249.0263.0269.0268.0
Shares outstanding (diluted)   [+]264.0234.0233.0715.0253.0266.0273.0279.0
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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