Goodyear Net Worth (Updated 2025).

Goodyear Tire and Rubber Company, a name synonymous with quality and innovation in the tire industry, traces its roots back to 1898 when Frank Seiberling founded the company in Akron, Ohio. Seiberling, a former executive at the B.F. Goodrich Company, started Goodyear in his home with just 12 employees, naming the company after the discoverer of the vulcanization process, Charles Goodyear.

The company’s breakthrough came in 1901 when it introduced the first pneumatic automobile tire, revolutionizing the industry and setting the stage for Goodyear’s rise to fame. This innovative product, along with the company’s commitment to quality and customer service, helped Goodyear become a household name in the United States and eventually a global leader in the tire industry.

Goodyear’s Current Net Worth (2025)

As of 2025, Goodyear’s current net worth is estimated to be around $16 billion. This figure takes into account the company’s global operations, including its tire and rubber-related businesses.

Career

Goodyear Tire and Rubber Company was founded by Charles Goodyear in 1898. The company began as a rubber manufacturer and has since grown into one of the world’s largest tire companies. Today, it operates in over 200 countries and territories worldwide.

Other Ventures

In addition to tires, Goodyear has diversified its business to include aerospace products, chemical products, and engineering services. The company’s aerospace division supplies tires and retreading services to the aviation industry, while its chemical division produces materials for various industries, including automotive, construction, and mining.

Assets

Goodyear’s assets include 66 manufacturing plants and 10 research and development centers across 22 countries. The company also owns numerous patents and trademarks, including the iconic “Wingfoot” logo. Goodyear’s extensive global network and intellectual property portfolio are key drivers of its success.

Annual Income

In 2024, Goodyear’s total revenue was approximately $17.5 billion. The company’s annual income has shown steady growth over the years, reflecting its strong global presence and diverse product offerings.

Frequently Asked Questions about  Goodyear

Frequently Asked Questions: Goodyear Net Worth

1. What is Goodyear’s net worth?

Goodyear’s net worth is estimated to be around $15 billion.

2. How does Goodyear make money?

Goodyear makes money primarily through the sale of tires for various types of vehicles, including cars, trucks, and aircraft. They also manufacture rubber-related products and provide tire-related services.

3. Who is the CEO of Goodyear?

The current CEO of Goodyear is Richard J. Kramer.

4. When was Goodyear founded?

Goodyear was founded in 1898 by Frank Seiberling.

5. Where is Goodyear headquarters located?

Goodyear’s headquarters is located in Akron, Ohio, United States.

6. How many employees does Goodyear have?

As of 2021, Goodyear employs approximately 62,000 people worldwide.

7. What are some of the brands owned by Goodyear?

Some of the brands owned by Goodyear include Goodyear, Dunlop, Kelly, Sava, Fulda, Debica, and Alliance.

8. Does Goodyear produce tires for electric vehicles?

Yes, Goodyear produces tires specifically designed for electric vehicles, taking into account the unique performance requirements of these vehicles.

9. What is Goodyear’s stock ticker symbol?

Goodyear’s stock ticker symbol is GT on the NASDAQ stock exchange.

10. How does Goodyear contribute to sustainability?

Goodyear is committed to sustainability and has initiatives in place to reduce its environmental impact, such as developing eco-friendly tires and reducing energy consumption in its manufacturing processes.