| Goodyear Tire & Rubber develops, manufactures, distributes and sells tires and related products and services worldwide. Co. manufactures and markets various lines of rubber tires for: automobiles, trucks, buses, aircraft, motorcycles, earthmoving and mining equipment, farm implements, industrial equipment, and various other applications. Co. manufactures and sells tires under the Goodyear, Dunlop, Kelly, Debica, Sava and Fulda brands and various other Goodyear owned house brands, and the private-label brands of certain customers. Co. operates its business through three operating segments representing its regional tire businesses: Americas; Europe, Middle East and Africa; and Asia Pacific. We show 48 historical shares outstanding datapoints in our GT shares outstanding history coverage, used to compute GT market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing GT market cap history over the course of time is important for investors
interested in comparing GT's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of GT versus a peer is one thing; comparing
GT market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like GT can fluctuate over the course of history.
With this page we aim to empower investors researching GT by allowing them to research the GT market cap history.