F

The Goodyear Tire & Rubber Comp — Earnings Quality Grade F

GT · Consumer Cyclical

Major red flags

Revenue
$18.3B
2025
Net Income
-$1.7B
2025
Gross Margin
18.4%
Free Cash Flow
-$30M
01

Screening Summary

11
Passed
3
Watch
3
Failed
-3.33
M-Score

Management Signals

No recent CEO, CFO, board, or accounting leadership signals found in SEC 8-K filings.
02

Financial Trends

Revenue & Net Income ($B)

Margins (%)

03

18-Point Screening

01

Revenue Quality

A1DSO Change

DSO 47 days, change -1 days YoY

A2AR vs Revenue Growth

AR growth -5.7% vs revenue growth -3.2%

A3Revenue vs CFFO

Revenue -3.2%, CFFO 14.0%. Cash follows revenue

02

Expense Quality

B1Inventory vs COGS

Inventory 0.5% vs COGS -1.9%. Normal

B2CapEx vs Revenue

CapEx growth -30.5% vs revenue -3.2%. Normal

!
B3SG&A Ratio

SG&A/Gross Profit = 80.7%, exceeds 70%

B4Gross Margin

Gross margin 18.4%, change -1.1pp. Stable

03

Cash Flow Quality

!
C1CFFO vs Net Income

CFFO/NI = -0.46. Below 1.0

!
C2Free Cash Flow

FCF is negative ($-0.0B)

C3Accruals Ratio

Accruals ratio = -13.8%. Low accruals

C4Cash vs Debt

Cash $0.8B covers only 11% of debt $7.3B

04

Balance Sheet Health

D1Goodwill + Intangibles

Goodwill+Intangibles $0.7B = 22% of equity. Manageable

D2Leverage

Debt/EBITDA = 5.3x (>4x). Interest coverage = 1.5x (<2x). Financial stress

D3Soft Asset Growth

Other assets 4.2% vs revenue -3.2%. Normal

D4Asset Impairment

No write-off data

05

Acquisition Risk

E1Serial Acquirer FCF

FCF after acquisitions negative for 3 years

E2Goodwill Surge

Goodwill+Intangibles change -55% YoY. Normal

06

Manipulation Score

F1Beneish M-Score

M-Score = -3.33 (< -2.22). Unlikely manipulator

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04

Beneish M-Score

Manipulation Probability-3.33
-4.0 Clean-2.22 Grey-1.78 Danger0
0.974
DSRI
AR growing faster than revenue?
1.059
GMI
Gross margin declining?
0.574
AQI
Asset quality deteriorating?
0.968
SGI
Revenue growth rate
0.984
DEPI
Depreciation slowing?
1.009
SGAI
SG&A ratio changing?
-0.1382
TATA
Accruals level
1.011
LVGI
Leverage increasing?
05

Altman Z-Score

1.1
Grey Zone
0 Distress1.102.605.0+ Safe
0.0239
Liquidity
0.1845
Cumulative profit
0.0171
Operating efficiency
0.2184
Leverage

Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25