Goodyear Tire & Rubber (GT) FY2025 results: revenue $18.3 billion, down 3.2% on the year
Goodyear Tire & Rubber Co. (GT) reported revenue of $18.3 billion for fiscal 2025, the year ended 31 December 2025, down 3.2% on the year before. Net income was -$1.7 billion, and diluted earnings per share $-5.99. The figures are the company's own, from the 10-K it filed with the SEC on 10 February 2026.
Revenue
$18.3 billion
-3.2% on the year
FY2018FY2025
Operating margin
n/a
FY2018FY2025
Net income
-$1.7 billion
FY2018FY2025
Diluted EPS
-$5.99
FY2018FY2025
this yearthe year beforeHover a bar for its figure.
The year in brief
What management said about the year
Q4 sales flat; organic sales up 4%: Net sales were $4.9 billion, flat from 2024 and up 4% organically. The organic measure excludes $227 million of sales from the sold OTR and Chemical businesses.
Segment operating income rose 9%: Total segment operating income was $416 million, compared with $382 million a year earlier, and up 18% organically. Segment operating margin was 8.5%, up 80 basis points.
Full-year swung to a net loss: Full-year net loss was $1.7 billion, or ($5.99) per share, against net income of $46 million a year earlier. Full-year adjusted EPS was $0.47, against $0.97.
Americas profit fell after 2024 recoveries: Americas fourth-quarter net sales were $2.9 billion, down 0.8%, and tire volume fell 3.9%. The decline in segment operating income reflected the non-recurrence of 2024 net insurance recoveries of $52 million.
Commercial industry demand contracted sharply: Management said the Commercial business again saw a sharp drop in industry demand, similar to prior quarters.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2025
FY2024
FY2023
On the year
Last 8 years
Operating cash flow
796
698
1,032
+14.0%
Capital expenditure
826
1,188
1,050
-30.5%
Free cash flow
-30.0
-490
-18.0
Free cash flow margin
-0.2%
-2.6%
-0.1%
Cash from investing
997
-1,005
-1,035
Cash from financing
-1,770
225
-333
Depreciation and amortisation
1,045
1,049
1,001
-0.4%
Share-based compensation
23.0
23.0
19.0
0.0%
Dividends paid
0.0
0.0
0.0
Dividend per share
$0.00
$0.00
$0.00
Diluted shares, weighted
288m
288m
285m
0.0%
Shares outstanding at period end
286m
285m
284m
+0.4%
Balance sheet
$ million
FY2025
FY2024
FY2023
On the year
Last 8 years
Shareholders' equity
3,233
4,681
4,668
-30.9%
Non-controlling interest
170
142
169
+19.7%
Debt
6,198
7,782
7,624
-20.4%
Operating lease liabilities
862
804
825
+7.2%
Finance lease liabilities
250
251
258
-0.4%
Other liabilities
7,495
7,261
8,038
+3.2%
Total liabilities and equity
18,208
20,921
21,582
-13.0%
Goodwill
42.0
756
781
-94.4%
Intangible assets
663
805
969
-17.6%
Cash and equivalents
801
810
902
-1.1%
Receivables
2,341
2,482
2,731
-5.7%
Inventory
3,572
3,554
3,698
+0.5%
Other assets
10,789
12,514
12,501
-13.8%
Total assets
18,208
20,921
21,582
-13.0%
10-K for the year ended 31 December 2025, filed 10 February 2026: the filing.