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GuruFocus has detected 3 Warning Signs with Goodyear Tire & Rubber Co $GT.
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Goodyear Tire & Rubber Co (NAS:GT)
Pretax Income
$1,207 Mil (TTM As of Dec. 2016)

Pretax income is the income that a company earns before paying income taxes. Goodyear Tire & Rubber Co's pretax income for the three months ended in Dec. 2016 was $329 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2016 was $1,207 Mil. Goodyear Tire & Rubber Co's pretax margin was 8.79%.

During the past 13 years, Goodyear Tire & Rubber Co's highest Pretax Margin was 7.97%. The lowest was -2.19%. And the median was 2.54%.


Definition

This is the income that a company earns before paying income taxes.

Goodyear Tire & Rubber Co's Pretax Income for the fiscal year that ended in Dec. 2016 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=1569+-5+-372+15+0
=1,207

Goodyear Tire & Rubber Co's Pretax Income for the quarter that ended in Dec. 2016 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=403+10+-87+3+0
=329

Goodyear Tire & Rubber Co Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2016 was 267 (Mar. 2016 ) + 301 (Jun. 2016 ) + 310 (Sep. 2016 ) + 329 (Dec. 2016 ) = $1,207 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

Goodyear Tire & Rubber Co's Pretax Margin for the quarter that ended in Dec. 2016 is calculated as

Pretax Margin=Pretax Income/Revenue
=329/3741
=8.79%

During the past 13 years, Goodyear Tire & Rubber Co's highest Pretax Margin was 7.97%. The lowest was -2.19%. And the median was 2.54%.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Operating Income, Interest Expense, Interest Income, Non-Recurring Items, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Goodyear Tire & Rubber Co Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
Pretax Income 464186-35786184408136876081,207

Goodyear Tire & Rubber Co Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
Pretax Income 299126359328431-510267301310329
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