Operating Profit Margin ratio Analysis of Goodyear Tire & Rubber Co - Deep Dive
Latest FY Operating Margin
Period Ending - Dec-23
Poor Operating Margin
2.88
Period Ending - Dec-22
Not Good Operating Margin
5.07
Growth
-43.18 %
Trailing Twelve Months Operating Margin
Period Ending - Dec-23
Poor Operating Margin
0.498
Most recent Quarter Operating Margin
Period Ending - Mar-24
Poor Operating Margin
2.27
Operating Margin Analysis of Goodyear Tire & Rubber Co
Operating Margin Ratio of Goodyear Tire & Rubber Co with value of 0.498 indicates that the company's earnings from core business operations are not sufficient to cover the related costs involved in maintaining that business. in trailing twelve months. |
Operating Margin Ratio of Goodyear Tire & Rubber Co with value of 2.27 indicates that the company's earnings from core business operations are not sufficient to cover the related costs involved in maintaining that business. in latest Quarter ending on Mar-24. |
Operating Margin Ratio of GT drastically fell by -43.18 % this year. |
Operating Margin Ratio with value of 6.22 was highest in Year Dec-21 in last Five Years. |
Operating Margin Ratio with value of -1.69 was lowest in Year Dec-20 in last Five Years. |
Latest Operating Margin Ratio with value of 2.88 is lower than Average Operating Margin of 3.61 in last five years. |
Other Operating Margin Related Info of GT that may interest you.
Goodyear Tire & Rubber Co Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
GT | 12.31 | 12.02 | 2.41 % | Auto Parts |
Defination of Operating Profit Margin
Operating Margin measures the company's revenue before deducting any interest and taxes. It is calculated by dividing Operating Earnings by Total Revenue. And popularly also known as EBIT (Earnings Before Interest and Tax) margin or Return on sales. It is expressed in percentage number and is utilized in all screeners and charts throughout the site. more ..Operating Margin Related Ratios
NetProfitMargin | EBITDAMargin |
Tsr Profitability Index
Poor Profitability Stock |
FY - Historical Operating Profit Margin of Goodyear Tire & Rubber Co
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Operating Margin | 2.88 | 5.07 | 6.22 | -1.69 | 5.56 | 7.77 | 8.82 |
Change | -43.18 % | -18.54 % | 468.40 % | -130.36 % | -28.40 % | -11.92 % | -24.86 % |
FY Chart of Operating Profit Margin of Goodyear Tire & Rubber Co
Note : All Data Generated at the End of Trading Hours (EOD Data)