NASDAQ$GT
Goodyear Tire & Rubber Co · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
Goodyear's first quarter results for 2021 showed a significant improvement in segment operating income and adjusted net income compared to the previous year, driven by higher volume, improved price/mix, and cost-saving actions.
Goodyear reported a net income of $12 million for the first quarter of 2021, a significant turnaround from the net loss of $619 million in the same period last year. Adjusted net income was $102 million, compared to an adjusted net loss of $140 million in 2020. Sales increased by 15% to $3.5 billion, driven by higher volume, improvements in price/mix, and favorable foreign currency translation.
- First quarter net income was $12 million, a significant improvement from the prior year.
- Segment operating income reached $226 million, the strongest first quarter since 2018.
- Global consumer replacement volume significantly exceeded industry levels.
- Revenue per tire increased by 3%, excluding foreign currency effects.
Headline financials
Revenue & EPS history
Goodyear · Revenue · Quarterly
$3.51B
Revenue by segment
Goodyear · $3.51B total across 3 segments · Q1 2021
- Americas$1.79B+6.8%50.9%
- EMEA$1.23B+23.7%35.1%
- Asia Pacific$493M+27.1%14.0%
Forward guidance
Goodyear did not provide specific forward guidance in the earnings report.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2021
-2.1%
Avg return
Earnings day
-2.9%
Avg return
5 days after
-2.9%
Avg return
30 days after
44%
30 / 68 earnings
Positive
+17.3%
Q4 2024
Best reaction
-26.3%
Q4 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -6.2% | -19.7% | -21.8% | |
| Q4 2025 | -13.5% | -10.3% | -32.8% | |
| Q3 2025 | +7.8% | +9.9% | +22.9% | |
| Q1 2025 | -0.8% | +2.5% | -3.4% | |
| Q4 2024 | +17.3% | +30.1% | +12.0% | |
| Q3 2024 | +12.3% | +21.5% | +31.5% | |
| Q2 2024 | -15.1% | -28.0% | -23.9% | |
| Q1 2024 | +1.5% | +5.9% | -0.6% | |
| Q4 2023 | -13.9% | -8.5% | -6.6% | |
| Q3 2023 | +2.5% | +2.2% | +12.1% | |
| Q2 2023 | -17.5% | -21.8% | -16.4% | |
| Q1 2023 | +4.7% | +6.4% | +23.1% | |
| Q4 2022 | -6.8% | -0.1% | -1.9% | |
| Q3 2022 | -13.7% | -18.4% | -10.4% | |
| Q2 2022 | +8.2% | +11.2% | +8.0% | |
| Q1 2022 | -16.4% | -17.2% | -2.8% | |
| Q4 2021 | -26.3% | -24.3% | -40.1% | |
| Q3 2021 | +7.6% | +7.6% | -2.3% | |
| Q2 2021 | +7.2% | +11.5% | +6.9% | |
| Q1 2021 | +0.0% | +8.4% | +11.8% | |
| Q4 2020 | +9.9% | +10.5% | +41.2% | |
| Q3 2020 | -13.1% | -11.0% | +10.3% | |
| Q2 2020 | -9.4% | -4.4% | +1.5% | |
| Q1 2020 | -17.7% | -23.8% | -5.6% | |
| Q4 2019 | -10.2% | -15.8% | -51.6% | |
| Q3 2019 | +10.8% | +8.6% | +5.4% | |
| Q2 2019 | -7.5% | -8.2% | -24.4% | |
| Q1 2019 | -1.9% | -5.4% | -25.2% | |
| Q4 2018 | -9.2% | -9.3% | -14.2% | |
| Q3 2018 | +2.3% | +2.4% | +9.6% | |
| Q2 2018 | +14.0% | +13.0% | +11.5% | |
| Q1 2018 | -5.5% | -6.6% | -6.3% | |
| Q4 2017 | -10.4% | -12.3% | -14.1% | |
| Q3 2017 | -7.5% | -10.2% | -8.9% | |
| Q2 2017 | -11.4% | -11.7% | -15.5% | |
| Q1 2017 | +0.5% | -0.8% | -8.0% | |
| Q4 2016 | +3.1% | +10.8% | +10.0% | |
| Q3 2016 | -6.6% | -10.2% | +0.3% | |
| Q2 2016 | +3.0% | +3.1% | +3.9% | |
| Q1 2016 | -8.8% | — | — | |
| Q4 2015 | +8.5% | — | — | |
| Q3 2015 | -1.7% | — | — | |
| Q2 2015 | +0.6% | — | — | |
| Q1 2015 | +4.2% | — | — | |
| Q4 2014 | +5.7% | — | — | |
| Q3 2014 | +7.4% | — | — | |
| Q2 2014 | -8.9% | — | — | |
| Q1 2014 | -7.4% | — | — | |
| Q4 2013 | +10.7% | — | — | |
| Q3 2013 | -2.9% | — | — | |
| Q2 2013 | +8.6% | — | — | |
| Q1 2013 | -2.9% | — | — | |
| Q4 2012 | +1.2% | — | — | |
| Q3 2012 | -7.2% | — | — | |
| Q2 2012 | +11.0% | — | — | |
| Q4 2011 | -8.0% | — | — | |
| Q1 2012 | -5.0% | — | — | |
| Q3 2011 | +1.4% | — | — | |
| Q2 2011 | -5.8% | — | — | |
| Q1 2010 | +9.6% | — | — | |
| Q1 2011 | +1.8% | — | — | |
| Q4 2008 | +14.3% | — | — | |
| Q4 2010 | +14.3% | — | — | |
| Q3 2010 | -12.0% | — | — | |
| Q3 2009 | -12.0% | — | — | |
| Q2 2009 | -10.7% | — | — | |
| Q2 2010 | -10.7% | — | — | |
| Q4 2009 | -10.7% | — | — |
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