Return On Asset ratio Analysis of Goodyear Tire & Rubber Co - Deep Dive


Latest FY ROA
Period Ending - Dec-23

-2.33


Very Poor ROA
Period Ending - Dec-22
0.901

Poor ROA
Growth
-358.29 %
Trailing Twelve Months ROA
Period Ending - Dec-23

-2.86


Very Poor ROA
Most recent Quarter ROA
Period Ending - Mar-24

-0.259


Very Poor ROA
ROA Analysis of Goodyear Tire & Rubber Co
ROA Ratio of Goodyear Tire & Rubber Co with value of -2.86 means poor return on Assets in trailing twelve months.
ROA Ratio of Goodyear Tire & Rubber Co with value of -0.259 means poor return on Assets in latest Quarter ending on Mar-24.
ROA Ratio of GT drastically fell by -358.29 % this year.
ROA Ratio with value of 3.57 was highest in Year Dec-21 in last Five Years.
ROA Ratio with value of -7.60 was lowest in Year Dec-20 in last Five Years.
Latest ROA Ratio with value of -2.33 is lower than Average ROA of -1.45 in last five years.
ROA of Goodyear Tire & Rubber Co is negative because of negative Income in last Financial Year , last Quarter and also in last twelve Months.
Other ROA Related Info of GT that may interest you.
Goodyear Tire & Rubber Co Overview
CodePricePrevious PricePrice ChangeSector
GT11.5311.5 0.261 % Auto Parts
Fundamental AnalysisTechnical Analysis
Defination of Return On Asset
The return on assets (ROA) is a commonly used profitability ratio that shows how effectively a company uses its assets to generate profit.   more ..
Return On Asset Formula
ROA Related Ratios
ReturnOnEquityAssetTurnoverRatio
Tsr Profitability Index
Poor Profitability Stock
FY - Historical Return On Asset of Goodyear Tire & Rubber Co
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
ROA-2.330.9013.57-7.60-1.814.112.03
Change-358.29 %-74.77 %146.99 %-319.80 %-144.06 %102.57 %-73.51 %
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FY Chart of Return On Asset of Goodyear Tire & Rubber Co


Note : All Data Generated at the End of Trading Hours (EOD Data)