Earnings Per Share

6 Months Ended

Jun. 30, 2025

EARNINGS PER SHARE

Basic earnings per share are computed based on the weighted average number of common shares outstanding. Diluted earnings per share are calculated to reflect the potential dilution that could occur if securities or other contracts were exercised or converted into common stock.

Basic and diluted earnings per common share are calculated as follows:


	Three Months Ended June 30,				Six Months Ended June 30,
(In millions, except per share amounts)	2025		2024		2025		2024
Earnings per share — basic:
Goodyear net income	$	254	$	79	$	369	$	10
Weighted average shares outstanding	287		287		287		286
Earnings per common share — basic	$	0.88	$	0.28	$	1.28	$	0.04

Earnings per share — diluted:
Goodyear net income	$	254	$	79	$	369	$	10
Weighted average shares outstanding	287		287		287		286
Dilutive effect of stock options and other dilutive securities	3		1		3		2
Weighted average shares outstanding — diluted	290		288		290		288
Earnings per common share — diluted	$	0.87	$	0.28	$	1.27	$	0.04

Weighted average shares outstanding — diluted for the three and six months ended June 30, 2025 excludes approximately 1 million equivalent shares and 3 million equivalent shares, respectively, and, for both the three and six months ended June 30, 2024, excludes approximately 1 million equivalent shares related to options with exercise prices greater than the average market price of our common shares (i.e., "underwater" options).