Login

COOPER TIRE & RUBBER CO

No Longer Reporting

The company has not filed an annual or quarterly report since its Q1 FY2021 10-Q, filed May 3, 2021. Its latest SEC filing is a 424B2 from Jun 2, 2026.

The sections below describe the company as of the FY2020 annual report.

What Did They Do?

Makes passenger car and light truck replacement tires, plus truck tires, for tire dealers, distributors and retail chains.

How Did They Make Money?

Customers buy tires that are shipped or delivered under their agreements, and generally pay within 30-90 days.

FY2020 revenue

Who Were Their Customers?

Customers include independent tire dealers, wholesale distributors and retail chains, with additional sales through mass merchandisers and digital channels. Cooper sells directly to end users only through company-owned stores, and also sells a limited number of tires to vehicle makers.

Did Revenues Turn Into Profits?

Yes. It kept 6 cents of every revenue dollar as net income in FY2020.

Operating income, FY2020
9% of revenue
▲ +32% vs FY2019 ($174.5M, 6%)
Net income, FY2020
6% of revenue
▲ +48% vs FY2019 ($96.4M, 4%)

How Were They Changing?

Since the FY2020 annual report
Latest quarter: Q1 FY2021, the three months to Mar 31, 2021
Revenue
▲ +23%
vs $531.7M in Q1 FY2020
Net income
▲ Now profitable
vs −$11.6M in Q1 FY2020
  • Jun 7, 2021 Goodyear completed its acquisition of Cooper Tire Cooper became a wholly owned Goodyear subsidiary when the merger closed.

Shrank. Revenue fell 14% in 4 years, from $2.9B in FY2016 to $2.5B in FY2020, about 4% a year.

U.K. light-vehicle tire production The older report says the U.K. operation made passenger car and light truck tires. The latest says production at Melksham was phased out and those tires now come from other company sites, while U.K. operations continue motorcycle and racing tires and retread material.

Vietnam truck-tire manufacturing The older report describes truck tires sourced from a China-based joint venture and through a supply agreement with Sailun Vietnam. The latest report says the Vietnam joint venture began making truck and bus radial tires, adding a manufacturing source.

Who Did They Compete With?

Competes with Bridgestone, Goodyear Tire & Rubber, and Groupe Michelin

Create Account

Sign up for free to unlock this feature.

Already have an account? Sign in

Premium Feature

This feature requires a premium subscription to unlock unlimited historical data and advanced analysis tools.

Premium includes:

  • Unlimited historical financial data
  • Advanced analytics and insights
  • Priority support