Goodyear Tire & Rubber Co

Latest Results (09.10.2025):

In the second quarter of 2025, Goodyear Tire & Rubber Co. reported a 2.3% year-over-year decline in net sales to $4.465 billion and a significant decrease in segment operating income to $159 million. Despite challenging industry dynamics, the company's Goodyear Forward transformation plan continues to drive positive outcomes, contributing $395 million to segment operating income in the first half of 2025.

Net Sales and Operating Income

Goodyear Tire & Rubber Co. experienced a 2.3% decrease in net sales, totaling $4.465 billion for Q2 2025 compared to the previous year. Segment operating income also saw a sharp decline of 52.4%, falling to $159 million from $3.34 billion in Q2 2024.

Goodyear Forward Progress

The Goodyear Forward initiative continues to yield substantial benefits, contributing $395 million to segment operating income in the first six months of 2025. The program aims for an additional $750 million in operating income for the year, supported by cost-saving measures and portfolio optimization.

Asset Sales and Financial Strategy

Goodyear has generated $1.6 billion from the sale of its Off-the-Road tire business and the Dunlop brand, with expectations to exceed $2.0 billion in total proceeds for the year. These asset sales are part of the company's strategy to enhance financial stability and focus on core operations.

Future Outlook

The company anticipates continued benefits from the Goodyear Forward program, with an expected $750 million boost to segment operating income in 2025. Additionally, Goodyear forecasts a full-year net debt of $7.836 billion and plans to maintain strong execution despite ongoing industry challenges.