Goodyear Tire & Rubber Co. /OH/ (GT) intrinsic value & 10-year financials

Goodyear Tire & Rubber Co. /OH/ (GT) has a Graham intrinsic value of $2.63 per share. At $4.29 on Oct 17, 2026, the stock trades 63% above that value. Over the last 10 fiscal years revenue grew 2.1% a year to $18.3B, with an average return on invested capital of -0.7%.

Graham intrinsic value
$2.63
Share price (Oct 17, 2026)
$4.29
Price vs Graham value
63% above
Market cap
$1.2B
Revenue (FY2025)
$18.3B
Revenue growth (10-yr CAGR)
2.1%
ROIC (10-yr avg)
-0.7%
Free cash flow (FY2025)
-$30.0M

GT 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $18.3B -$1.7B -$5.99 -$30.0M — -19.0%
FY2024 $18.9B $70.0M $0.24 -$490.0M — 0.7%
FY2023 $20.1B -$689.0M -$2.42 -$18.0M — -6.3%
FY2022 $20.8B $202.0M $0.71 -$540.0M — 1.8%
FY2021 $17.5B $764.0M $0.00 $81.0M — 8.7%
FY2020 $12.3B -$1.3B -$0.00 $468.0M — -16.5%
FY2019 $14.7B -$311.0M -$0.00 $437.0M — -3.6%
FY2018 $15.5B $693.0M $0.00 $105.0M — 7.8%
FY2017 $15.4B $346.0M $0.00 $277.0M — 4.1%
FY2016 $15.2B $1.3B $0.00 $508.0M — 15.5%

Source: annual 10-K filings on SEC EDGAR. Figures in USD.

Executive summary

GOODYEAR TIRE & RUBBER CO /OH/ has demonstrated mature, steady growth, with revenue compounding at 2.1% annually over the past decade.

GOODYEAR TIRE & RUBBER CO /OH/ has historically struggled to out-earn its cost of capital, averaging just -0.7% ROIC.

Over the decade, GOODYEAR TIRE & RUBBER CO /OH/ shows that management has aggressively returned capital to shareholders by retiring 100.0% of outstanding shares.

Benjamin Graham lens

Under Benjamin Graham's formula using SEC EDGAR fundamentals, GOODYEAR TIRE & RUBBER CO /OH/ is modeled at 2.1% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $2.63 per share.

GT stock: frequently asked questions

What is the intrinsic value of Goodyear Tire & Rubber Co. /OH/ (GT) stock?

Using Benjamin Graham's revised formula, V = EPS × (8.5 + 2g) × 4.4 / Y, with reported diluted earnings per share, a 2.1% normalized growth rate (capped at 15%) and a 5.1% AAA corporate bond yield, GT's intrinsic value is about $2.63 per share.

Is GT stock undervalued?

At $4.29 (close on Oct 17, 2026), GT trades 63% above its Graham value of $2.63. On Graham's terms the shares look fully priced. A formula is a starting point for research, not a recommendation.

How fast has Goodyear Tire & Rubber Co. /OH/ grown?

Revenue went from $15.2B in fiscal 2016 to $18.3B in fiscal 2025, a compound annual growth rate of 2.1%. Net income was -$1.7B in fiscal 2025.

Does Goodyear Tire & Rubber Co. /OH/ generate free cash flow?

Goodyear Tire & Rubber Co. /OH/ generated -$30.0M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2025. Free cash flow was positive in 6 of the last 10 reported years.

What is GT's return on invested capital?

Average ROIC over the last 10 fiscal years was -0.7%, and average return on equity was -2.3%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this GT data come from?

From Goodyear Tire & Rubber Co. /OH/'s annual 10-K filings on SEC EDGAR, most recently filed Aug 6, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.