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Jun 30, 2024
Goodyear Q2 2024 Earnings Report
Goodyear's Q2 2024 earnings reflected a net income of $85 million and adjusted EPS of $0.19, driven by margin expansion and progress on the Goodyear Forward plan.
Key Takeaways
Goodyear reported second quarter 2024 sales of $4.6 billion with net income of $85 million, or $0.30 per share, and adjusted earnings per share of $0.19. The company's performance was driven by segment operating income, which increased by $215 million compared to the second quarter of 2023, and the Goodyear Forward transformation plan.
Goodyear's second quarter 2024 sales were $4.6 billion with tire unit volumes totaling 40.1 million.
Goodyear net income was $85 million (30 cents per share).
Adjusted earnings per share was $0.19.
Segment operating income was $339 million, up $215 million compared to the second quarter of 2023.
Goodyear
Goodyear
Goodyear Revenue by Segment
Goodyear Revenue by Geographic Location
Revenue by Segment
Americas Revenue
CapyFin.comEMEA Revenue
CapyFin.comAsia Pacific Revenue
CapyFin.comRevenue by Geographic Location
Americas Revenue
CapyFin.comEMEA Revenue
CapyFin.comAsia Pacific Revenue
CapyFin.com Forward Guidance
Goodyear is confident in its ability to deliver Goodyear Forward and 10% segment operating income margin by the end of next year.
Revenue & Expenses
Visualization of income flow from segment revenue to net income