earnings
confidence high
sentiment positive
materiality 0.85
Goodyear Q1 net income swings to $115M; completes Dunlop sale for $735M
GOODYEAR TIRE & RUBBER CO /OH/
2025-Q1 EPS reported
$0.40
revenue$4,253,000,000
- Q1 net sales $4.3B, tire units 38.5M; net income $115M ($0.40 diluted EPS) vs net loss $57M (-$0.20) YoY.
- Adjusted net loss $11M (-$0.04 diluted EPS) vs adjusted net income $29M ($0.10) in prior year.
- Segment operating income $195M, down $52M YoY; Goodyear Forward contributed $200M in benefits.
- Completed Dunlop brand sale to Sumitomo Rubber for $735M ($526M brand, $105M fee, $104M inventory).
- Reaffirmed targets: segment operating margin 10% and leverage 2.0x-2.5x by Q4 2025.