Goodyear Tire and Rubber Company
Logo used since 1968 | |
The company's headquarters in Akron, Ohio | |
| Company type | Public |
|---|---|
|
NYSE: GT (1927-2012) DJIA component (until 1999) S&P 500 component (1957-2019) | |
| Industry | Manufacturing |
| Founded | August 29, 1898 Akron, Ohio, U.S. |
| Founder | Frank Seiberling |
| Headquarters | Akron, Ohio , U.S. |
Number of locations | 1,240 tire and auto service centers 57 facilities |
Area served | Worldwide |
Key people | Mark Stewart (chairman, president, and CEO) |
| Products | Tires |
| Revenue | US$18.88 billion (2024) |
| US$709 million (2024) | |
| US$70 million (2024) | |
| Total assets | US$20.96 billion (2024) |
| Total equity | US$4.906 billion (2024) |
Number of employees | 68,000 (2024) |
| Subsidiaries | List of subsidiaries |
| Website | goodyear |
| Footnotes / references [1] | |
The Goodyear Tire & Rubber Company, commonly known as Goodyear, is an American multinational tire manufacturer headquartered in Akron, Ohio. The company has been the world's third-largest tyre manufacturer by annual revenue since 2021.[2]
Goodyear manufactures tires for passenger vehicles, aviation, commercial trucks, military and police vehicles, motorcycles, recreational vehicles, race cars, and heavy off-road machinery. It also licenses the Goodyear brand to bicycle tire manufacturers, returning from a break in production between 1976 and 2015.[3]
Founded in 1898 by Frank Seiberling, the company was named after American Charles Goodyear (1800–1860), inventor of vulcanized rubber. The first Goodyear tires became popular because they were easily detachable and required little maintenance.[4] Though Goodyear had been manufacturing airships and balloons since the early 1900s, the first Goodyear advertising blimp flew in 1925. Today, it is one of the most recognizable advertising icons in America.[5]
The company is the sole tire supplier for NASCAR series and the most successful tire supplier in Formula One history, with more starts, wins, and constructors' championships than any other tire supplier.[6] They pulled out of the sport after the 1998 season. Goodyear was the first global tire manufacturer to enter China when it invested in a tire manufacturing plant in Dalian in 1994. Goodyear was a component of the Dow Jones Industrial Average between 1930 and 1999.[7] The company opened a new global headquarters building in Akron in 2013.
- ^ "The Goodyear Tire & Rubber Company 2024 Annual Report (Form 10-K)". sec.gov. U.S. Securities and Exchange Commission. February 14, 2025.
- ^ "The World's Leading Tyre Manufacturers". Tyrepress. Retrieved September 16, 2025.
- ^ "Goodyear Returns to Bicycle Tires". Bloomberg.com. March 2, 2015. Retrieved January 19, 2018 – via www.bloomberg.com.
- ^ O'Reilly, Maurice (1983). The Goodyear Story. Benjamin Company. pp. 13–21. ISBN 978-0-87502-116-4.
- ^ Terdiman, Daniel. "Goodyear bids goodbye to blimps, says hello to zeppelins". CNET. Retrieved December 30, 2014.
- ^ "FormulaSPEED2.0". Archived from the original on March 27, 2012. Retrieved December 29, 2011.
- ^ "History of DJIA". globalfinancialdata.com. Archived from the original on September 26, 2007.