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COOPER TIRE & RUBBER COMPANY

(CTB)
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Cooper Tire Announces New Roadmaster® Steer Tire for Long-Haul Fleets

10/04/2021 | 09:00am EST

Cooper Tire’s Roadmaster brand has a new tire in its commercial long-haul lineup – the Roadmaster RM832+ EM™ steer tire. The new tire is SmartWay Verified and features 18/32nds of tread depth, along with a wide footprint, to help distribute weight more efficiently and ultimately improve treadwear. In addition, it features a patent-pending decoupling rib, which promotes even wear on long-haul journeys and helps give the tire added durability against curbing when driving in urban areas. These features result in excellent fuel efficiency and long miles to removal. The tire will be available in seven sizes in the U.S. and Canada: 295/75R22.5, 11R22.5, 11R24.5 in Load Range G and H, plus in 285/75R24.5 in Load Range H. Size 295/75R22.5 will be available to order beginning October 4, 2021. All remaining sizes will be available for order on November 1. Adding to the tire’s durability is a patented stone ejector design, which features a stepped groove wall in the tread pattern.


© S&P Capital IQ 2021
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Financials (USD)
Sales 2020 2 521 M - -
Net income 2020 143 M - -
Net cash 2020 177 M - -
P/E ratio 2020 14,3x
Yield 2020 1,04%
Capitalization 3 040 M 3 040 M -
EV / Sales 2019 0,53x
EV / Sales 2020 0,74x
Nbr of Employees 9 839
Free-Float 57,0%
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Managers and Directors
Bradley E. Hughes President & Chief Executive Officer
Gerald C. Bialek Chief Financial Officer, Treasurer & VP
Ben P. Patel Chief Technology Officer & Senior Vice President
Phil Kortokrax Senior VP-Global Operations & Procurement
Stephen R. McClellan Director
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