Goodyear Income Tax Expense from 2010 to 2024

GT Stock  USD 10.81  0.07  0.65%   
Goodyear Tire Income Tax Expense yearly trend continues to be comparatively stable with very little volatility. Income Tax Expense will likely drop to about 9.5 M in 2024. From the period from 2010 to 2024, Goodyear Tire Income Tax Expense quarterly data regression had mean square error of 323830.8 T and mean deviation of  303,831,111. View All Fundamentals
 
Income Tax Expense  
First Reported
1989-09-30
Previous Quarter
60 M
Current Value
M
Quarterly Volatility
226.3 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Goodyear Tire financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Goodyear Tire's main balance sheet or income statement drivers, such as Depreciation And Amortization of 588.2 M, Interest Expense of 558.6 M or Total Revenue of 16.7 B, as well as many indicators such as Price To Sales Ratio of 0.34, Dividend Yield of 0.0282 or PTB Ratio of 0.84. Goodyear financial statements analysis is a perfect complement when working with Goodyear Tire Valuation or Volatility modules.
  
Check out the analysis of Goodyear Tire Correlation against competitors.

Latest Goodyear Tire's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Goodyear Tire Rubber over the last few years. It is Goodyear Tire's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Goodyear Tire's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Very volatile
   Income Tax Expense   
       Timeline  

Goodyear Income Tax Expense Regression Statistics

Arithmetic Mean24,046,667
Coefficient Of Variation2,288
Mean Deviation303,831,111
Median155,200,000
Standard Deviation550,240,834
Sample Variance302765T
Range2.3B
R-Value0.08
Mean Square Error323830.8T
R-Squared0.01
Significance0.77
Slope10,161,071
Total Sum of Squares4238709.7T

Goodyear Income Tax Expense History

20249.5 M
202310 M
2022190 M
2021-267 M
2020110 M
2019474 M
2018303 M

About Goodyear Tire Financial Statements

Goodyear Tire shareholders use historical fundamental indicators, such as Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Goodyear Tire investors may analyze each financial statement separately, they are all interrelated. The changes in Goodyear Tire's assets and liabilities, for example, are also reflected in the revenues and expenses on on Goodyear Tire's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Income Tax Expense10 M9.5 M

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Additional Tools for Goodyear Stock Analysis

When running Goodyear Tire's price analysis, check to measure Goodyear Tire's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Goodyear Tire is operating at the current time. Most of Goodyear Tire's value examination focuses on studying past and present price action to predict the probability of Goodyear Tire's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goodyear Tire's price. Additionally, you may evaluate how the addition of Goodyear Tire to your portfolios can decrease your overall portfolio volatility.