The Goodyear Tire & Rubber Company
Income Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.57B | $4.54B | $5.12B | $5.14B | $4.87B | $4.94B | $5.37B | $5.31B |
| Cost of Revenue | $3.63B | $3.72B | $4.10B | $4.17B | $4.12B | $4.19B | $4.51B | $4.31B |
| Gross Profit | $943.0M | $815.0M | $1.02B | $971.0M | $744.0M | $748.0M | $864.0M | $1.01B |
| Gross Margin | 20.6% | 18.0% | 20.0% | 18.9% | 15.3% | 15.1% | 16.1% | 18.9% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $731.0M | $696.0M | $769.0M | $673.0M | $708.0M | $664.0M | $697.0M | $696.0M |
| Operating Income | $263.0M | $74.0M | $-382.0M | $79.0M | $-72.0M | $186.0M | $27.0M | $223.0M |
| Operating Margin | 5.8% | 1.6% | -7.5% | 1.5% | -1.5% | 3.8% | 0.5% | 4.2% |
| Interest Expense | $130.0M | $126.0M | $129.0M | $138.0M | $138.0M | $127.0M | $120.0M | $117.0M |
| Pretax Income | $133.0M | $-52.0M | $-511.0M | $-59.0M | $-210.0M | $59.0M | $-93.0M | $106.0M |
| Income Tax Expense | $60.0M | $6.0M | $-12.0M | $25.0M | $-2.0M | $-1.0M | $12.0M | $58.0M |
| Net Income | $79.0M | $-69.0M | $-331.0M | $-89.0M | $-208.0M | $-101.0M | $-104.0M | $44.0M |
| Net Margin | 1.7% | -1.5% | -6.5% | -1.7% | -4.3% | -2.0% | -1.9% | 0.8% |
| EPS (Basic) | $0.28 | $-0.24 | $-1.17 | $-0.31 | $-0.73 | $-0.35 | $-0.37 | $0.16 |
| EPS (Diluted) | $0.28 | $-0.24 | $-1.17 | $-0.31 | $-0.73 | $-0.35 | $-0.36 | $0.16 |
| Shares Outstanding (Basic) | 287.0M | 286.0M | 285.0M | 285.0M | 285.0M | 285.0M | 284.0M | 284.0M |
| Shares Outstanding (Diluted) | 288.0M | 286.0M | 285.0M | 285.0M | 285.0M | 285.0M | 286.0M | 286.0M |
| Dividends Per Share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |