The Goodyear Tire & Rubber Company
Income Statement
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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. The Goodyear Tire & Rubber Company's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 4% to $20,066,000,000. Profit margin reached -3%. Total operating expenses were $3,509,000,000.
Profit Margin
| 2014 | 18.13B | 2.45B | 13.52% |
|---|---|---|---|
| 2015 | 16.44B | 307M | 1.87% |
| 2016 | 15.15B | 1.26B | 8.34% |
| 2017 | 15.37B | 346M | 2.25% |
| 2018 | 15.47B | 693M | 4.48% |
| 2019 | 14.74B | -297M | -2.01% |
| 2020 | 12.32B | -1.25B | -10.15% |
| 2021 | 17.47B | 764M | 4.37% |
| 2022 | 20.80B | 202M | 0.97% |
| 2023 | 20.06B | -689M | -3.43% |
GT Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 20.06B | 20.80B | 17.47B | 12.32B | 14.74B | 15.47B | 15.37B | 15.15B | 16.44B | 18.13B |
Cost of revenue | 16.56B | 16.95B | 13.69B | 10.33B | 11.60B | 11.96B | 11.71B | 10.97B | 12.16B | 13.90B |
Gross profit | 3.50B | 3.85B | 3.78B | 1.98B | 3.14B | 3.51B | 3.65B | 4.18B | 4.27B | 4.23B |
Operating exp. | ||||||||||
Research and development | 461M | 501M | 496M | 390M | 430M | 424M | 406M | 388M | 382M | 399M |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 3.50B | 2.79B | 2.69B | 2.19B | 2.32B | 2.31B | 2.30B | 2.40B | 2.61B | 2.72B |
Operating income | 73M | 883M | 993M | -327M | 722M | 1.20B | 1.35B | 1.77B | 1.66B | 1.51B |
Other income (expenses), net | -750M | -484M | -480M | -813M | -545M | 130M | -112M | -200M | -683M | -433M |
Income before tax | -677M | 399M | 513M | -1.14B | 177M | 1.01B | 878M | 1.20B | 608M | 687M |
Income tax expense | 10M | 190M | -267M | 110M | 474M | 303M | 513M | -77M | 232M | -1.83B |
Net income | -689M | 202M | 764M | -1.25B | -297M | 693M | 346M | 1.26B | 307M | 2.45B |
Earnings per share | ||||||||||
Basic EPS | -2.42 | 0.89 | 2.92 | -5.34 | -1.27 | 2.92 | 1.39 | 4.81 | 1.14 | 9.13 |
Diluted EPS | -2.42 | 0.89 | 2.89 | -5.34 | -1.27 | 2.9 | 1.37 | 4.74 | 1.12 | 8.78 |
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