Dividend Power Score
A single, comprehensive score designed to measure the true strength of a company’s dividend.
This score combines three essential pillars of dividend quality:
Consistency – Measures how reliable the dividend has been over time, focusing on payment history, stability, and the absence of cuts or suspensions.
Payability – Assesses the company’s financial ability to sustain its dividend, taking into account cash flow, earnings coverage, balance sheet strength, and overall financial health.
Growth – Evaluates the long-term growth of both the dividend and the company’s share price, highlighting businesses that consistently increase payouts while creating shareholder value.
Higher scores identify companies that have historically delivered dependable income alongside sustained dividend growth and long-term capital appreciation.
Company Overview
The Goodyear Tire & Rubber Company is a global manufacturer and marketer of tires and related products, operating primarily in the automotive, commercial transportation, aviation, and industrial markets. The company designs, manufactures, and distributes tires for passenger vehicles, trucks, buses, aircraft, motorcycles, mining, and construction equipment. Its core revenue drivers are tire sales to original equipment manufacturers (OEMs) and replacement markets, with a strong emphasis on premium, high-margin tire categories.
Founded in 1898 in Akron, Ohio, Goodyear has evolved from a regional rubber goods producer into one of the world’s largest tire companies. Over more than a century, the company expanded globally through internal growth and acquisitions, building a widely recognized brand associated with innovation, performance, and safety. Goodyear’s long-standing investment in materials science, tread design, and mobility technologies underpins its competitive positioning in both consumer and commercial segments.
Business Operations
Goodyear operates through three primary reportable business segments: Americas, Europe, Middle East and Africa (EMEA), and Asia Pacific. Each segment encompasses manufacturing, distribution, and sales activities serving both OEM and replacement customers. Revenue is primarily generated from tire sales, supported by value-added services such as fleet solutions, retreading, and digital tire management platforms, particularly within commercial trucking markets.
The company controls a global manufacturing and supply chain network, including owned production facilities, distribution centers, and proprietary technologies related to tread compounds, smart tires, and mobility solutions. Goodyear maintains key subsidiaries including Goodyear Dunlop Tires Germany GmbH, Goodyear Operations S.A., and Goodyear India Limited, and has historically engaged in joint ventures in select international markets. Strategic partnerships with vehicle manufacturers and commercial fleets support long-term demand and product integration.
Strategic Position & Investments
Goodyear’s strategy is focused on premiumization, margin expansion, and disciplined capital allocation. Growth initiatives emphasize high-value tire categories, fleet mobility solutions, and digital technologies that improve tire performance monitoring and lifecycle management. The company has also prioritized cost optimization and portfolio rationalization to strengthen cash flow and balance sheet resilience.
Notable strategic investments include the acquisition of Cooper Tire & Rubber Company, which expanded Goodyear’s product portfolio, customer reach, and manufacturing footprint, particularly in North America and Asia. Goodyear also invests in emerging mobility technologies, including connected tires, predictive analytics, and electric vehicle–optimized products, positioning the company to benefit from long-term shifts in transportation and logistics.
Geographic Footprint
Goodyear is headquartered in Akron, Ohio, United States, and operates in more than 20 countries across North America, Europe, Asia Pacific, and Latin America. Its manufacturing facilities, research centers, and distribution operations span multiple continents, supporting a broad global customer base and diversified revenue streams.
The company maintains significant market presence in the United States, Western and Central Europe, China, India, and Brazil, with products sold in most major automotive markets worldwide. Goodyear’s international operations play a critical role in sourcing, production efficiency, and serving both global OEMs and regional replacement markets.
Leadership & Governance
Goodyear is led by an experienced executive team with backgrounds in manufacturing, finance, and global operations. The leadership philosophy emphasizes operational excellence, innovation, and long-term shareholder value, supported by governance practices aligned with public company standards and regulatory requirements.
Key executives include:
- Richard J. Kramer – President and Chief Executive Officer
- Christina L. Zamarro – Executive Vice President and Chief Financial Officer
- Christopher L. Helsel – Senior Vice President and Chief Technology Officer
- Joseph Burke – Executive Vice President, Americas
- Stefan Fischer – Senior Vice President, Europe, Middle East and Africa