Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Goodyear Tire & Rubber Co's share price for the quarter that ended in Dec. 2023 was $14.32. Goodyear Tire & Rubber Co's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 284 Mil. Therefore, Goodyear Tire & Rubber Co's market cap for the quarter that ended in Dec. 2023 was $4,064 Mil.
Goodyear Tire & Rubber Co's quarterly market cap
declined
from Jun. 2023 ($3,878 Mil) to Sep. 2023 ($3,524 Mil) but then
increased
from Sep. 2023 ($3,524 Mil) to Dec. 2023 ($4,064 Mil).
Goodyear Tire & Rubber Co's annual market cap
declined
from Dec. 2021 ($6,012 Mil) to Dec. 2022 ($2,872 Mil) but then
increased
from Dec. 2022 ($2,872 Mil) to Dec. 2023 ($4,064 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Goodyear Tire & Rubber Co's Enterprise Value for Today is $11,137 Mil.
Goodyear Tire & Rubber Co Market Cap Historical Data
The historical data trend for Goodyear Tire & Rubber Co's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Goodyear Tire & Rubber Co's Market Cap
For the Auto Parts subindustry, Goodyear Tire & Rubber Co's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Goodyear Tire & Rubber Co's Market Cap Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Goodyear Tire & Rubber Co's Market Cap distribution charts can be found below:
* The bar in red indicates where Goodyear Tire & Rubber Co's Market Cap falls into.
Goodyear Tire & Rubber Co Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Goodyear Tire & Rubber Co's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Goodyear Tire & Rubber Co (NAS:GT) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Goodyear Tire & Rubber Co Market Cap Related Terms
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Goodyear Tire & Rubber Co (Goodyear Tire & Rubber Co) Business Description
Goodyear Tire & Rubber Co manufactures and sells a variety of rubber tires under the Goodyear brand name. The firm's tires are used for automobiles, trucks, buses, aircraft, motorcycles, mining equipment, farm equipment, and industrial equipment. The company operates its business through three operating segments representing its regional tire businesses: Americas; Europe, the Middle East, and Africa (EMEA); and the Asia Pacific.
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