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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)
Pre-Tax 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 7.96%. 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 7.96%. 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

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

 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Pretax Income 464 186 -357 8 618 440 813 687 608 1,207

Goodyear Tire & Rubber Co Quarterly Data

 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Pretax Income 299 126 359 328 431 -510 267 301 310 329
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