Lear (LEA) Financials

$86.17 -2.20 (-2.49%)

Closing price 05/6/2025 03:59 PM Eastern

Extended Trading

$87.78 +1.61 (+1.86%)

As of 04:31 AM Eastern

Annual Income Statements for Lear

This table shows Lear's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	746	975	1,313	1,150	754	159	374	328	573	507
Consolidated Net Income / (Loss)	796	1,041	1,381	1,247	831	234	462	409	646	592
Net Income / (Loss) Continuing Operations	796	1,041	1,381	1,247	831	234	462	409	646	592
Total Pre-Tax Income	1,032	1,338	1,527	1,538	954	299	584	509	777	733
Total Operating Income	1,187	1,461	1,608	1,654	1,070	454	675	654	933	888
Total Gross Profit	1,820	2,123	2,291	2,318	1,738	1,109	1,392	1,410	1,710	1,639
Total Revenue	18,211	18,558	20,467	21,149	19,810	17,046	19,263	20,892	23,467	23,306
Operating Revenue	18,211	18,558	20,467	21,149	19,810	17,046	19,263	20,892	23,467	23,306
Total Cost of Revenue	16,392	16,435	18,176	18,830	18,073	15,937	17,871	19,482	21,757	21,667
Operating Cost of Revenue	16,392	16,435	18,176	18,830	18,073	15,937	17,871	19,482	21,757	21,667
Total Operating Expenses	633	661	683	664	667	655	717	756	777	752
Selling, General & Admin Expense	581	608	635	613	605	589	643	685	715	703
Amortization Expense	53	53	48	51	62	66	73	71	63	49
Total Other Income / (Expense), net	-155	-123	-82	-116	-117	-155	-92	-145	-156	-155
Interest Expense	87	83	86	84	92	100	92	99	101	106
Other Income / (Expense), net	-69	-41	4.10	-32	-25	-55	-0.10	-46	-55	-49
Income Tax Expense	286	370	198	312	146	94	138	134	181	191
Other Gains / (Losses), net	50	72	52	20	23	29	16	33	49	50
Net Income / (Loss) Attributable to Noncontrolling Interest	50	65	68	97	77	75	88	81	73	85
Basic Earnings per Share	$9.71	$13.48	$18.79	$17.35	$12.80	$2.63	$6.22	$5.49	$9.73	$9.02
Weighted Average Basic Shares Outstanding	76.75M	72.35M	68.54M	65.67M	61.70M	60.25M	60.08M	59.67M	58.83M	56.14M
Diluted Earnings per Share	$9.59	$13.33	$18.59	$17.22	$12.75	$2.62	$6.19	$5.47	$9.68	$8.97
Weighted Average Diluted Shares Outstanding	77.77M	73.12M	69.28M	66.16M	61.92M	60.43M	60.42M	59.92M	59.12M	56.48M
Weighted Average Basic & Diluted Shares Outstanding	76.80M	72.30M	69.90M	66.30M	60.47M	60.12M	59.70M	59.13M	57.03M	53.64M
Cash Dividends to Common per Share	$0.25	$1.20	$2.00	$2.80	$3.00	-	$1.77	-	-	$0.77

This table shows Lear's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	10/1/2022	12/31/2022	4/1/2023	7/1/2023	9/30/2023	12/31/2023	3/30/2024	6/29/2024	9/28/2024	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	92	118	144	169	133	127	110	173	136	88
Consolidated Net Income / (Loss)	119	137	163	187	152	143	127	194	156	115
Net Income / (Loss) Continuing Operations	119	137	163	187	152	143	127	194	156	115
Total Pre-Tax Income	155	173	199	213	189	177	157	227	191	159
Total Operating Income	198	184	237	258	220	218	197	261	221	210
Total Gross Profit	377	372	430	457	418	405	398	449	405	387
Total Revenue	5,241	5,371	5,846	5,999	5,781	5,841	5,995	6,012	5,584	5,715
Operating Revenue	5,241	5,371	5,846	5,999	5,781	5,841	5,995	6,012	5,584	5,715
Total Cost of Revenue	4,864	4,999	5,416	5,542	5,363	5,436	5,597	5,564	5,179	5,328
Operating Cost of Revenue	4,864	4,999	5,416	5,542	5,363	5,436	5,597	5,564	5,179	5,328
Total Operating Expenses	179	188	193	199	198	188	202	188	185	177
Selling, General & Admin Expense	164	172	177	183	183	173	187	175	174	167
Amortization Expense	15	15	16	16	16	15	15	13	11	11
Total Other Income / (Expense), net	-43	-11	-38	-46	-32	-41	-40	-34	-30	-51
Interest Expense	25	24	24	26	26	25	26	27	27	27
Other Income / (Expense), net	-18	13	-14	-20	-5.80	-16	-14	-7.40	-3.40	-24
Income Tax Expense	42	48	46	42	47	47	41	46	47	57
Other Gains / (Losses), net	6.00	12	9.60	16	10	13	11	14	13	13
Net Income / (Loss) Attributable to Noncontrolling Interest	27	20	20	19	19	16	17	21	20	26
Basic Earnings per Share	$1.55	$1.98	$2.42	$2.85	$2.26	$2.20	$1.91	$3.04	$2.42	$1.65
Weighted Average Basic Shares Outstanding	59.55M	59.67M	59.32M	59.13M	58.77M	58.83M	57.25M	56.93M	56.04M	56.14M
Diluted Earnings per Share	$1.54	$1.97	$2.41	$2.84	$2.25	$2.18	$1.90	$3.02	$2.41	$1.64
Weighted Average Diluted Shares Outstanding	59.79M	59.92M	59.56M	59.37M	59.08M	59.12M	57.57M	57.23M	56.37M	56.48M
Weighted Average Basic & Diluted Shares Outstanding	59.11M	59.13M	59.02M	58.75M	58.26M	57.03M	56.79M	56.26M	54.34M	53.64M

This table details how cash moves in and out of Lear's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	103	109	173	56	-9.40	-196	6.80	-204	81	-143
Net Cash From Operating Activities	1,271	1,619	1,783	1,780	1,284	663	670	1,021	1,249	1,120
Net Cash From Continuing Operating Activities	1,271	1,619	1,783	1,780	1,259	663	670	1,021	1,249	1,120
Net Income / (Loss) Continuing Operations	796	1,041	1,381	1,247	831	234	462	409	646	592
Consolidated Net Income / (Loss)	796	1,041	1,381	1,247	831	234	462	409	646	592
Depreciation Expense	348	378	428	484	510	540	574	577	604	621
Non-Cash Adjustments To Reconcile Net Income	36	1.20	43	27	25	65	89	58	54	49
Changes in Operating Assets and Liabilities, net	92	199	-69	21	-107	-175	-455	-21	-55	-142
Net Cash From Investing Activities	-965	-637	-869	-694	-922	-469	-647	-830	-762	-543
Net Cash From Continuing Investing Activities	-965	-637	-869	-694	-922	-469	-647	-830	-762	-543
Purchase of Property, Plant & Equipment	-486	-528	-595	-677	-604	-452	-585	-638	-627	-559
Acquisitions	-499	-156	-292	0.00	-322	0.00	0.00	-188	-175	-0.80
Other Investing Activities, net	20	47	18	-17	3.20	-17	-62	-3.80	40	17
Net Cash From Financing Activities	-156	-873	-742	-1,031	-362	-412	-14	-387	-420	-694
Net Cash From Continuing Financing Activities	-156	-873	-742	-1,031	-362	-398	-14	-387	-420	-694
Repayment of Debt	-63	-79	-1,008	-6.30	-405	-1,806	-424	-25	-30	-29
Repurchase of Common Equity	-487	-659	-451	-705	-385	-70	-100	-100	-297	-417
Payment of Dividends	-106	-122	-219	-265	-265	-191	-188	-270	-261	-249
Issuance of Debt	500	9.10	995	7.30	693	1,669	699	8.00	168	0.00
Effect of Exchange Rate Changes	-47	-	-	-	-9.40	22	-	-7.70	13	-26
Cash Interest Paid	86	89	94	97	104	118	92	97	112	116
Cash Income Taxes Paid	219	238	284	279	172	142	148	195	218	268

This table details how cash moves in and out of Lear's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	10/1/2022	12/31/2022	4/1/2023	7/1/2023	9/30/2023	12/31/2023	3/30/2024	6/29/2024	9/28/2024	12/31/2024
Net Change in Cash & Equivalents	13	273	-217	4.50	78	215	-266	21	-186	288
Net Cash From Operating Activities	252	537	-36	311	404	570	-35	291	183	681
Net Cash From Continuing Operating Activities	252	537	-36	311	404	570	-35	291	183	681
Net Income / (Loss) Continuing Operations	119	137	163	187	152	143	127	194	156	115
Consolidated Net Income / (Loss)	119	137	163	187	152	143	127	194	156	115
Depreciation Expense	139	142	147	151	152	154	155	154	152	159
Changes in Operating Assets and Liabilities, net	-6.40	200	-346	-27	100	219	-317	-57	-126	358
Net Cash From Investing Activities	-132	-214	-110	-340	-153	-158	-111	-119	-138	-175
Net Cash From Continuing Investing Activities	-132	-214	-110	-340	-153	-158	-111	-119	-138	-175
Purchase of Property, Plant & Equipment	-140	-195	-112	-168	-153	-193	-114	-121	-132	-192
Other Investing Activities, net	8.60	-14	2.30	2.40	-	35	2.70	2.60	-5.80	17
Net Cash From Financing Activities	-92	-74	-83	35	-160	-212	-104	-147	-255	-188
Net Cash From Continuing Financing Activities	-92	-74	-83	35	-160	-212	-104	-147	-255	-188
Repayment of Debt	3.70	-3.30	-11	-13	-2.40	-3.80	-14	-1.50	22	-35
Repurchase of Common Equity	-25	-25	-25	-28	-85	-159	-45	-62	-204	-106
Payment of Dividends	-78	-46	-47	-92	-73	-50	-46	-83	-73	-46
Effect of Exchange Rate Changes	-15	24	11	-1.10	-13	16	-17	-3.90	25	-30
Cash Interest Paid	25	32	22	33	24	34	25	33	25	33
Cash Income Taxes Paid	45	38	46	65	56	52	50	103	52	62

This table presents Lear's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	9,406	9,901	11,946	11,601	12,681	13,199	13,352	13,763	14,696	14,028
Total Current Assets	5,287	5,649	6,613	6,281	6,407	6,777	6,765	6,994	7,637	7,184
Cash & Equivalents	1,197	1,272	1,500	1,493	1,488	1,307	1,318	1,115	1,196	1,053
Accounts Receivable	2,590	2,747	3,231	2,880	2,983	3,269	3,042	3,452	3,681	3,589
Inventories, net	948	1,021	1,206	1,197	1,258	1,401	1,572	1,574	1,758	1,601
Other Current Assets	552	611	676	710	678	800	834	854	1,001	941
Plant, Property, & Equipment, net	1,827	2,019	2,459	2,598	2,704	2,736	2,720	2,854	2,977	2,833
Total Noncurrent Assets	2,293	2,232	2,874	2,722	3,570	3,686	3,867	3,915	4,081	4,010
Goodwill	1,054	1,121	1,401	1,405	1,614	1,656	1,658	1,661	1,738	1,699
Other Noncurrent Operating Assets	1,239	1,111	1,472	1,317	1,956	2,030	2,209	2,254	2,343	2,311
Total Liabilities & Shareholders' Equity	9,406	9,901	11,946	11,601	12,681	13,199	13,352	13,763	14,696	14,028
Total Liabilities	6,388	6,708	7,500	7,082	8,061	8,584	8,544	8,933	9,635	9,427
Total Current Liabilities	3,840	4,182	4,854	4,501	4,666	5,077	4,760	5,188	5,667	5,447
Short-Term Debt	23	44	9.00	23	33	14	0.80	21	28	29
Accounts Payable	2,504	2,641	3,167	2,863	2,822	3,142	2,952	3,206	3,434	3,251
Accrued Expenses	-	-	-	1,615	1,811	1,921	1,807	1,962	2,205	2,168
Total Noncurrent Liabilities	2,549	2,525	2,646	2,581	3,395	3,507	3,784	3,744	3,968	3,980
Long-Term Debt	1,932	1,898	1,952	1,941	2,294	2,300	2,595	2,591	2,743	2,733
Other Noncurrent Operating Liabilities	617	627	694	640	1,101	1,207	1,189	1,153	1,225	1,246
Total Equity & Noncontrolling Interests	3,018	3,193	4,293	4,361	4,501	9,230	9,617	4,830	5,061	4,601
Total Preferred & Common Equity	2,927	3,057	4,151	4,201	4,350	4,467	4,643	4,679	4,919	4,452
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	2,927	3,057	4,151	4,201	4,350	9,082	9,452	4,679	4,919	4,452
Common Stock	1,453	1,386	1,216	1,018	970	5,579	5,828	1,024	1,051	1,078
Retained Earnings	2,828	3,707	4,172	4,114	4,716	4,807	5,073	5,214	5,601	5,931
Treasury Stock	-623	-1,200	-724	-225	-563	-599	-679	-754	-1,045	-1,424
Accumulated Other Comprehensive Income / (Loss)	-730	-836	-513	-706	-773	-705	-770	-805	-689	-1,134
Noncontrolling Interest	90	136	142	160	151	148	165	152	142	149

This table presents Lear's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Period end date	10/1/2022	4/1/2023	7/1/2023	9/30/2023	3/30/2024	6/29/2024	9/28/2024
Total Assets	13,379	14,404	14,799	14,614	14,872	14,682	14,818
Total Current Assets	6,925	7,579	7,832	7,738	7,908	7,781	7,809
Cash & Equivalents	842	899	902	980	930	950	764
Accounts Receivable	3,570	4,143	4,260	4,041	4,155	4,159	4,289
Inventories, net	1,594	1,676	1,703	1,788	1,735	1,702	1,768
Other Current Assets	918	861	967	929	1,087	969	987
Plant, Property, & Equipment, net	2,705	2,841	2,913	2,886	2,910	2,865	2,912
Total Noncurrent Assets	3,750	3,985	4,054	3,990	4,054	4,036	4,097
Goodwill	1,605	1,667	1,736	1,714	1,720	1,720	1,754
Other Noncurrent Operating Assets	2,145	2,318	2,318	2,276	2,334	2,316	2,343
Total Liabilities & Shareholders' Equity	13,379	14,404	14,799	14,614	14,872	14,682	14,818
Total Liabilities	8,951	9,375	9,707	9,630	9,886	9,768	9,924
Total Current Liabilities	5,190	5,598	5,775	5,701	5,943	5,818	5,893
Short-Term Debt	5.10	22	27	27	27	27	30
Accounts Payable	3,278	3,579	3,641	3,557	3,689	3,552	3,494
Accrued Expenses	1,907	1,997	2,107	2,118	2,227	2,239	2,369
Total Noncurrent Liabilities	3,762	3,777	3,932	3,929	3,943	3,950	4,031
Long-Term Debt	2,601	2,592	2,741	2,742	2,743	2,744	2,768
Other Noncurrent Operating Liabilities	1,161	1,186	1,191	1,187	1,200	1,207	1,263
Total Equity & Noncontrolling Interests	4,428	10,059	5,091	4,983	4,986	4,914	4,894
Total Preferred & Common Equity	4,303	4,858	4,981	4,859	4,893	4,802	4,765
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	4,303	9,887	4,981	4,859	4,893	4,802	4,765
Common Stock	1,015	6,043	1,028	1,038	1,040	1,053	1,065
Retained Earnings	5,143	5,310	5,432	5,519	5,665	5,793	5,884
Treasury Stock	-732	-762	-798	-870	-1,057	-1,115	-1,323
Accumulated Other Comprehensive Income / (Loss)	-1,123	-705	-682	-829	-755	-929	-862
Noncontrolling Interest	125	172	111	125	93	112	129

This table displays calculated financial ratios and metrics derived from Lear's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	2.73%	1.90%	10.29%	3.33%	-6.33%	-13.96%	13.01%	8.45%	12.33%	-0.69%
EBITDA Growth	25.75%	22.71%	13.40%	3.27%	-26.17%	-39.65%	33.06%	-5.19%	25.19%	-1.54%
EBIT Growth	30.80%	27.06%	13.49%	0.63%	-35.56%	-61.85%	69.29%	-9.98%	44.48%	-4.46%
NOPAT Growth	9.21%	23.17%	32.45%	-5.82%	-31.28%	-65.61%	65.58%	-6.49%	48.41%	-8.36%
Net Income Growth	13.31%	30.75%	32.72%	-9.72%	-33.37%	-71.84%	97.35%	-11.46%	57.99%	-8.35%
EPS Growth	16.52%	39.00%	39.46%	-7.37%	-25.96%	-79.45%	136.26%	-11.63%	76.97%	-7.33%
Operating Cash Flow Growth	37.00%	27.39%	10.12%	-0.19%	-27.84%	-48.37%	1.06%	52.43%	22.31%	-10.34%
Free Cash Flow Firm Growth	216.30%	36.15%	-63.11%	245.47%	-64.65%	-66.17%	-64.39%	358.70%	69.35%	139.93%
Invested Capital Growth	4.03%	2.32%	26.99%	1.70%	9.41%	3.00%	8.24%	3.96%	4.86%	-4.89%
Revenue Q/Q Growth	0.97%	-0.44%	3.65%	-1.95%	-0.63%	2.56%	-1.85%	2.41%	2.05%	-0.54%
EBITDA Q/Q Growth	7.52%	0.18%	4.09%	-1.94%	-10.22%	19.52%	-14.37%	10.33%	1.10%	-0.75%
EBIT Q/Q Growth	8.80%	-0.08%	3.90%	-2.97%	-14.96%	54.07%	-23.66%	22.39%	0.49%	-1.87%
NOPAT Q/Q Growth	-5.33%	1.34%	13.56%	-11.43%	-11.25%	20.57%	-21.80%	11.73%	4.12%	-3.50%
Net Income Q/Q Growth	-1.86%	-0.42%	14.22%	-12.47%	-10.63%	50.71%	-27.27%	27.32%	0.89%	-4.59%
EPS Q/Q Growth	-1.74%	1.37%	15.90%	-12.05%	-6.66%	47.19%	-32.50%	40.98%	2.22%	-5.68%
Operating Cash Flow Q/Q Growth	5.74%	-3.56%	4.29%	9.84%	-7.97%	-27.08%	-25.87%	56.87%	2.67%	11.01%
Free Cash Flow Firm Q/Q Growth	157.12%	-17.46%	80.70%	22.15%	-47.35%	-57.11%	-68.63%	20.20%	284.10%	87.00%
Invested Capital Q/Q Growth	-5.16%	0.35%	0.43%	-6.96%	-1.72%	2.83%	2.11%	2.20%	-2.04%	-8.92%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	9.99%	11.44%	11.19%	10.96%	8.77%	6.51%	7.23%	6.75%	7.29%	7.03%
EBITDA Margin	8.05%	9.69%	9.97%	9.96%	7.85%	5.51%	6.48%	5.67%	6.32%	6.26%
Operating Margin	6.52%	7.87%	7.86%	7.82%	5.40%	2.66%	3.51%	3.13%	3.98%	3.81%
EBIT Margin	6.14%	7.66%	7.88%	7.67%	5.28%	2.34%	3.51%	2.91%	3.74%	3.60%
Profit (Net Income) Margin	4.37%	5.61%	6.75%	5.90%	4.19%	1.37%	2.40%	1.96%	2.75%	2.54%
Tax Burden Percent	77.15%	77.75%	90.45%	81.04%	87.11%	78.15%	79.11%	80.25%	83.08%	80.75%
Interest Burden Percent	92.25%	94.19%	94.68%	94.82%	91.20%	75.03%	86.41%	83.78%	88.49%	87.34%
Effective Tax Rate	27.68%	27.66%	12.94%	20.27%	15.32%	31.37%	23.60%	26.25%	23.26%	26.07%
Return on Invested Capital (ROIC)	23.18%	27.68%	31.93%	26.65%	17.35%	5.62%	8.81%	7.77%	11.05%	10.14%
ROIC Less NNEP Spread (ROIC-NNEP)	13.98%	25.35%	28.51%	11.17%	5.81%	11.24%	10.34%	15.04%	6.46%	6.21%
Return on Net Nonoperating Assets (RNNOA)	3.14%	5.83%	4.22%	1.16%	0.83%	-2.25%	-3.92%	-2.12%	2.01%	2.11%
Return on Equity (ROE)	26.32%	33.51%	36.15%	27.81%	18.18%	3.38%	4.90%	5.66%	13.06%	12.25%
Cash Return on Invested Capital (CROIC)	19.23%	25.38%	8.16%	24.97%	8.36%	2.67%	0.90%	3.89%	6.31%	15.15%
Operating Return on Assets (OROA)	12.08%	14.72%	14.76%	13.78%	8.61%	3.08%	5.09%	4.48%	6.17%	5.84%
Return on Assets (ROA)	8.59%	10.78%	12.64%	10.59%	6.84%	1.81%	3.48%	3.01%	4.54%	4.12%
Return on Common Equity (ROCE)	25.62%	32.29%	34.11%	25.91%	17.01%	3.28%	4.82%	5.53%	12.67%	11.88%
Return on Equity Simple (ROE_SIMPLE)	27.18%	34.03%	33.27%	29.68%	19.10%	5.24%	9.94%	8.74%	13.13%	13.29%
Net Operating Profit after Tax (NOPAT)	858	1,057	1,400	1,319	906	312	516	483	716	656
NOPAT Margin	4.71%	5.70%	6.84%	6.24%	4.57%	1.83%	2.68%	2.31%	3.05%	2.82%
Net Nonoperating Expense Percent (NNEP)	9.20%	2.33%	3.42%	15.48%	11.53%	-5.62%	-1.52%	-7.26%	4.59%	3.93%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	6.48%	9.14%	8.91%
Cost of Revenue to Revenue	90.01%	88.56%	88.81%	89.04%	91.23%	93.49%	92.77%	93.25%	92.71%	92.97%
SG&A Expenses to Revenue	3.19%	3.28%	3.10%	2.90%	3.05%	3.45%	3.34%	3.28%	3.05%	3.01%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	3.48%	3.56%	3.34%	3.14%	3.37%	3.84%	3.72%	3.62%	3.31%	3.22%
Earnings before Interest and Taxes (EBIT)	1,118	1,421	1,612	1,623	1,046	399	675	608	878	839
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	1,466	1,799	2,040	2,107	1,556	939	1,249	1,184	1,483	1,460
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.75	2.67	2.56	1.70	1.77	0.98	1.09	1.49	1.63	1.16
Price to Tangible Book Value (P/TBV)	4.30	4.22	3.87	2.56	2.82	1.20	1.32	2.31	2.52	1.87
Price to Revenue (P/Rev)	0.44	0.44	0.52	0.34	0.39	0.52	0.54	0.33	0.34	0.22
Price to Earnings (P/E)	10.80	8.38	8.10	6.22	10.22	56.40	27.58	21.32	14.00	10.16
Dividend Yield	0.94%	1.03%	1.27%	2.51%	2.36%	0.69%	1.02%	2.61%	2.24%	3.25%
Earnings Yield	9.26%	11.93%	12.34%	16.09%	9.78%	1.77%	3.63%	4.69%	7.14%	9.84%
Enterprise Value to Invested Capital (EV/IC)	2.36	2.32	2.32	1.59	1.61	1.80	1.93	1.36	1.47	1.11
Enterprise Value to Revenue (EV/Rev)	0.49	0.48	0.56	0.38	0.44	0.59	0.61	0.41	0.41	0.30
Enterprise Value to EBITDA (EV/EBITDA)	6.07	4.99	5.59	3.77	5.66	10.75	9.41	7.29	6.56	4.80
Enterprise Value to EBIT (EV/EBIT)	7.96	6.32	7.07	4.89	8.43	25.31	17.41	14.20	11.08	8.35
Enterprise Value to NOPAT (EV/NOPAT)	10.37	8.50	8.14	6.02	9.72	32.39	22.78	17.89	13.59	10.67
Enterprise Value to Operating Cash Flow (EV/OCF)	7.00	5.55	6.39	4.46	6.86	15.22	17.54	8.45	7.79	6.25
Enterprise Value to Free Cash Flow (EV/FCFF)	12.50	9.26	31.86	6.42	20.17	68.33	223.46	35.78	23.81	7.14
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.65	0.61	0.44	0.43	0.50	0.25	0.27	0.54	0.55	0.60
Long-Term Debt to Equity	0.64	0.59	0.44	0.43	0.50	0.25	0.27	0.54	0.54	0.59
Financial Leverage	0.22	0.23	0.15	0.10	0.14	-0.20	-0.38	-0.14	0.31	0.34
Leverage Ratio	3.06	3.11	2.86	2.63	2.66	1.87	1.41	1.88	2.88	2.97
Compound Leverage Factor	2.83	2.93	2.71	2.49	2.42	1.40	1.22	1.57	2.55	2.60
Debt to Total Capital	39.31%	37.82%	30.60%	30.29%	33.50%	20.05%	21.26%	35.10%	35.38%	37.51%
Short-Term Debt to Total Capital	0.46%	0.86%	0.14%	0.35%	0.48%	0.12%	0.01%	0.28%	0.36%	0.39%
Long-Term Debt to Total Capital	38.85%	36.96%	30.46%	29.94%	33.02%	19.93%	21.25%	34.82%	35.02%	37.12%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	1.82%	2.64%	4.61%	4.91%	3.88%	1.28%	1.35%	2.04%	1.81%	2.03%
Common Equity to Total Capital	58.87%	59.54%	64.79%	64.80%	62.62%	78.67%	77.39%	62.87%	62.81%	60.46%
Debt to EBITDA	1.33	1.08	0.96	0.93	1.50	2.47	2.08	2.21	1.87	1.89
Net Debt to EBITDA	0.52	0.37	0.23	0.22	0.54	1.07	1.02	1.26	1.06	1.17
Long-Term Debt to EBITDA	1.32	1.06	0.96	0.92	1.47	2.45	2.08	2.19	1.85	1.87
Debt to NOPAT	2.28	1.84	1.40	1.49	2.57	7.43	5.03	5.41	3.87	4.21
Net Debt to NOPAT	0.88	0.63	0.33	0.36	0.93	3.23	2.48	3.10	2.20	2.60
Long-Term Debt to NOPAT	2.25	1.80	1.39	1.47	2.53	7.38	5.03	5.37	3.83	4.17
Altman Z-Score	3.69	3.78	3.68	3.57	3.09	2.68	3.05	2.82	2.99	2.93
Noncontrolling Interest Sharing Ratio	2.66%	3.64%	5.64%	6.84%	6.43%	3.01%	1.66%	2.19%	2.97%	3.01%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.38	1.35	1.36	1.40	1.37	1.33	1.42	1.35	1.35	1.32
Quick Ratio	0.99	0.96	0.97	0.97	0.96	0.90	0.92	0.88	0.86	0.85
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	712	970	358	1,236	437	148	53	241	409	981
Operating Cash Flow to CapEx	261.65%	306.51%	299.93%	262.90%	212.67%	146.61%	114.53%	160.04%	199.41%	200.48%
Free Cash Flow to Firm to Interest Expense	8.21	11.75	4.17	14.69	4.75	1.48	0.57	2.45	4.04	9.23
Operating Cash Flow to Interest Expense	14.66	19.63	20.81	21.16	13.96	6.66	7.30	10.36	12.36	10.55
Operating Cash Flow Less CapEx to Interest Expense	9.06	13.22	13.87	13.11	7.40	2.12	0.93	3.89	6.16	5.29
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.97	1.92	1.87	1.80	1.63	1.32	1.45	1.54	1.65	1.62
Accounts Receivable Turnover	7.20	6.96	6.85	6.92	6.76	5.45	6.10	6.43	6.58	6.41
Inventory Turnover	18.20	16.70	16.33	15.68	14.72	11.99	12.02	12.39	13.06	12.90
Fixed Asset Turnover	10.55	9.65	9.14	8.36	7.47	6.27	7.06	7.50	8.05	8.02
Accounts Payable Turnover	6.52	6.39	6.26	6.25	6.36	5.34	5.87	6.33	6.55	6.48
Days Sales Outstanding (DSO)	50.72	52.48	53.30	52.74	54.01	66.94	59.79	56.72	55.47	56.93
Days Inventory Outstanding (DIO)	20.06	21.86	22.35	23.28	24.79	30.45	30.36	29.47	27.95	28.29
Days Payable Outstanding (DPO)	56.00	57.13	58.31	58.44	57.40	68.29	62.23	57.69	55.70	56.31
Cash Conversion Cycle (CCC)	14.78	17.21	17.34	17.58	21.40	29.10	27.92	28.50	27.72	28.92
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	3,776	3,864	4,906	4,989	5,459	5,623	6,086	6,327	6,635	6,310
Invested Capital Turnover	4.92	4.86	4.67	4.27	3.79	3.08	3.29	3.37	3.62	3.60
Increase / (Decrease) in Invested Capital	146	88	1,043	83	470	164	463	241	307	-324
Enterprise Value (EV)	8,902	8,982	11,396	7,935	8,811	10,095	11,757	8,635	9,731	7,005
Market Capitalization	8,053	8,176	10,640	7,146	7,702	8,939	10,314	6,986	8,015	5,146
Book Value per Share	$38.88	$43.55	$61.43	$65.46	$71.93	$151.27	$158.54	$79.16	$84.43	$81.92
Tangible Book Value per Share	$24.88	$27.57	$40.69	$43.56	$45.24	$123.69	$130.73	$51.06	$54.60	$50.65
Total Capital	4,973	5,135	6,407	6,483	6,947	11,544	12,213	7,442	7,831	7,363
Total Debt	1,955	1,942	1,961	1,964	2,327	2,315	2,596	2,612	2,770	2,762
Total Long-Term Debt	1,932	1,898	1,952	1,941	2,294	2,300	2,595	2,591	2,743	2,733
Net Debt	758	671	460	471	839	1,008	1,278	1,497	1,574	1,709
Capital Expenditures (CapEx)	486	528	595	677	604	452	585	638	627	559
Debt-free, Cash-free Net Working Capital (DFCFNWC)	274	240	267	310	286	408	688	712	801	713
Debt-free Net Working Capital (DFNWC)	1,470	1,511	1,768	1,803	1,774	1,714	2,006	1,827	1,998	1,766
Net Working Capital (NWC)	1,447	1,467	1,759	1,780	1,741	1,700	2,005	1,806	1,970	1,737
Net Nonoperating Expense (NNE)	63	17	19	72	76	78	54	74	70	64
Net Nonoperating Obligations (NNO)	758	671	460	471	839	-3,607	-3,531	1,497	1,574	1,709
Total Depreciation and Amortization (D&A)	348	378	428	484	510	540	574	577	604	621
Debt-free, Cash-free Net Working Capital to Revenue	1.50%	1.29%	1.31%	1.46%	1.44%	2.39%	3.57%	3.41%	3.41%	3.06%
Debt-free Net Working Capital to Revenue	8.07%	8.14%	8.64%	8.52%	8.95%	10.06%	10.41%	8.74%	8.51%	7.58%
Net Working Capital to Revenue	7.95%	7.91%	8.59%	8.42%	8.79%	9.97%	10.41%	8.64%	8.39%	7.45%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$9.71	$13.48	$18.79	$17.35	$12.80	$2.63	$6.22	$5.49	$9.73	$9.02
Adjusted Weighted Average Basic Shares Outstanding	76.75M	72.35M	68.54M	65.67M	61.70M	60.25M	60.08M	59.67M	58.83M	56.14M
Adjusted Diluted Earnings per Share	$9.59	$13.33	$18.59	$17.22	$12.75	$2.62	$6.19	$5.47	$9.68	$8.97
Adjusted Weighted Average Diluted Shares Outstanding	77.77M	73.12M	69.28M	66.16M	61.92M	60.43M	60.42M	59.92M	59.12M	56.48M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	74.47M	69.43M	66.92M	62.52M	60.47M	60.12M	59.70M	59.13M	57.03M	53.64M
Normalized Net Operating Profit after Tax (NOPAT)	858	1,057	1,400	1,319	906	312	516	483	716	656
Normalized NOPAT Margin	4.71%	5.70%	6.84%	6.24%	4.57%	1.83%	2.68%	2.31%	3.05%	2.82%
Pre Tax Income Margin	5.66%	7.21%	7.46%	7.27%	4.81%	1.76%	3.03%	2.44%	3.31%	3.14%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	12.90	17.22	18.81	19.29	11.37	4.01	7.36	6.17	8.69	7.90
NOPAT to Interest Expense	9.90	12.81	16.34	15.68	9.85	3.13	5.62	4.89	7.08	6.18
EBIT Less CapEx to Interest Expense	7.29	10.82	11.88	11.24	4.80	-0.54	0.98	-0.31	2.49	2.64
NOPAT Less CapEx to Interest Expense	4.30	6.41	9.40	7.63	3.29	-1.41	-0.75	-1.58	0.89	0.92
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	13.36%	11.73%	15.88%	21.29%	31.92%	81.49%	40.68%	66.09%	40.36%	41.99%
Augmented Payout Ratio	74.60%	75.05%	48.50%	77.83%	78.24%	111.42%	62.41%	90.63%	86.28%	112.40%

This table displays calculated financial ratios and metrics derived from Lear's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	10/1/2022	12/31/2022	4/1/2023	7/1/2023	9/30/2023	12/31/2023	3/30/2024	6/29/2024	9/28/2024	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	22.80%	10.06%	12.23%	18.30%	10.30%	8.76%	2.55%	0.22%	-3.40%	-2.17%
EBITDA Growth	80.33%	48.51%	51.59%	38.61%	14.83%	4.77%	-8.76%	4.46%	0.87%	-3.09%
EBIT Growth	392.33%	129.15%	120.95%	84.04%	19.31%	2.18%	-18.16%	6.16%	1.26%	-7.94%
NOPAT Growth	703.02%	65.76%	94.42%	85.87%	14.39%	20.42%	-20.35%	-0.08%	0.40%	-16.11%
Net Income Growth	1,470.11%	176.81%	145.35%	118.69%	27.60%	4.15%	-22.34%	3.85%	2.56%	-19.93%
EPS Growth	450.00%	418.42%	193.90%	149.12%	46.10%	10.66%	-21.16%	6.34%	7.11%	-24.77%
Operating Cash Flow Growth	5,829.55%	221.87%	-116.13%	2,631.58%	60.17%	6.05%	2.81%	-6.49%	-54.75%	19.50%
Free Cash Flow Firm Growth	83.23%	71.73%	37.72%	-6.56%	-380.71%	-36.06%	121.25%	199.28%	102.50%	411.10%
Invested Capital Growth	3.88%	3.96%	7.73%	10.17%	9.39%	4.86%	1.21%	-3.21%	2.30%	-4.89%
Revenue Q/Q Growth	3.36%	2.47%	8.84%	2.63%	-3.64%	1.04%	2.63%	0.30%	-7.12%	2.33%
EBITDA Q/Q Growth	13.40%	6.43%	9.22%	5.15%	-6.05%	-2.89%	-4.89%	20.40%	-9.28%	-6.71%
EBIT Q/Q Growth	38.55%	9.79%	13.33%	6.75%	-10.18%	-5.97%	-9.23%	38.47%	-14.33%	-14.51%
NOPAT Q/Q Growth	29.31%	-8.09%	37.77%	13.52%	-20.42%	-3.25%	-8.88%	42.41%	-20.03%	-19.16%
Net Income Q/Q Growth	39.25%	15.18%	19.01%	14.57%	-18.75%	-5.98%	-11.26%	53.19%	-19.75%	-26.60%
EPS Q/Q Growth	35.09%	27.92%	22.34%	17.84%	-20.77%	-3.11%	-12.84%	58.95%	-20.20%	-31.95%
Operating Cash Flow Q/Q Growth	2,111.40%	113.09%	-106.63%	974.72%	29.67%	41.08%	-106.07%	941.62%	-37.26%	272.63%
Free Cash Flow Firm Q/Q Growth	78.76%	-25.18%	-177.52%	-44.42%	4.19%	64.57%	143.33%	574.88%	-97.59%	4,304.93%
Invested Capital Q/Q Growth	-1.97%	2.20%	6.59%	3.17%	-2.66%	-2.04%	2.88%	-1.34%	2.88%	-8.92%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	7.19%	6.92%	7.36%	7.62%	7.23%	6.94%	6.64%	7.46%	7.26%	6.77%
EBITDA Margin	6.09%	6.32%	6.34%	6.50%	6.34%	6.09%	5.64%	6.77%	6.62%	6.03%
Operating Margin	3.77%	3.42%	4.06%	4.30%	3.81%	3.72%	3.28%	4.34%	3.95%	3.67%
EBIT Margin	3.43%	3.67%	3.83%	3.98%	3.71%	3.45%	3.05%	4.21%	3.89%	3.25%
Profit (Net Income) Margin	2.27%	2.56%	2.80%	3.12%	2.63%	2.45%	2.12%	3.23%	2.79%	2.00%
Tax Burden Percent	76.95%	79.23%	81.95%	88.09%	80.60%	80.97%	80.88%	85.83%	81.85%	72.06%
Interest Burden Percent	86.20%	87.84%	89.18%	89.02%	88.01%	87.60%	85.74%	89.38%	87.79%	85.61%
Effective Tax Rate	26.92%	27.76%	22.87%	19.53%	24.91%	26.44%	25.81%	20.40%	24.71%	36.06%
Return on Invested Capital (ROIC)	9.26%	8.33%	10.37%	11.72%	10.15%	9.92%	8.46%	11.92%	10.17%	8.46%
ROIC Less NNEP Spread (ROIC-NNEP)	12.09%	7.89%	12.46%	10.59%	9.40%	8.81%	11.02%	11.20%	9.64%	7.26%
Return on Net Nonoperating Assets (RNNOA)	-1.55%	-1.11%	-1.57%	3.99%	3.55%	2.74%	-1.08%	4.13%	3.73%	2.47%
Return on Equity (ROE)	7.71%	7.22%	8.79%	15.71%	13.70%	12.65%	7.38%	16.05%	13.90%	10.92%
Cash Return on Invested Capital (CROIC)	3.30%	3.89%	1.35%	0.38%	1.64%	6.31%	8.80%	13.19%	7.66%	15.15%
Operating Return on Assets (OROA)	5.29%	5.66%	5.85%	6.35%	6.09%	5.69%	4.93%	6.76%	6.19%	5.27%
Return on Assets (ROA)	3.51%	3.94%	4.28%	4.98%	4.32%	4.04%	3.42%	5.18%	4.45%	3.25%
Return on Common Equity (ROCE)	7.56%	7.06%	8.59%	15.36%	13.33%	12.28%	7.25%	15.69%	13.55%	10.59%
Return on Equity Simple (ROE_SIMPLE)	7.46%	0.00%	10.41%	12.19%	13.17%	0.00%	12.45%	12.84%	13.02%	0.00%
Net Operating Profit after Tax (NOPAT)	145	133	183	208	165	160	146	208	166	134
NOPAT Margin	2.76%	2.47%	3.13%	3.46%	2.86%	2.74%	2.43%	3.45%	2.97%	2.35%
Net Nonoperating Expense Percent (NNEP)	-2.83%	0.44%	-2.09%	1.13%	0.75%	1.11%	-2.56%	0.72%	0.52%	1.20%
Return On Investment Capital (ROIC_SIMPLE)	-	1.79%	-	-	-	2.04%	-	-	-	1.82%
Cost of Revenue to Revenue	92.81%	93.08%	92.64%	92.38%	92.77%	93.06%	93.36%	92.54%	92.74%	93.23%
SG&A Expenses to Revenue	3.13%	3.21%	3.02%	3.05%	3.16%	2.95%	3.11%	2.92%	3.12%	2.92%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	3.42%	3.49%	3.30%	3.31%	3.43%	3.21%	3.36%	3.13%	3.31%	3.10%
Earnings before Interest and Taxes (EBIT)	180	197	224	239	214	202	183	253	217	186
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	319	340	371	390	366	356	338	407	370	345
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.59	1.49	0.81	1.66	1.58	1.63	1.71	1.35	1.33	1.16
Price to Tangible Book Value (P/TBV)	2.53	2.31	0.98	2.55	2.45	2.52	2.64	2.10	2.11	1.87
Price to Revenue (P/Rev)	0.33	0.33	0.37	0.37	0.33	0.34	0.36	0.27	0.27	0.22
Price to Earnings (P/E)	29.48	21.32	19.00	15.86	13.68	14.00	15.58	11.95	11.62	10.16
Dividend Yield	2.68%	2.61%	2.27%	2.19%	2.35%	2.24%	2.14%	2.70%	2.73%	3.25%
Earnings Yield	3.39%	4.69%	5.26%	6.30%	7.31%	7.14%	6.42%	8.37%	8.61%	9.84%
Enterprise Value to Invested Capital (EV/IC)	1.41	1.36	1.47	1.47	1.42	1.47	1.51	1.25	1.23	1.11
Enterprise Value to Revenue (EV/Rev)	0.43	0.41	0.46	0.46	0.42	0.41	0.44	0.36	0.36	0.30
Enterprise Value to EBITDA (EV/EBITDA)	8.12	7.29	7.56	7.23	6.55	6.56	7.12	5.74	5.78	4.80
Enterprise Value to EBIT (EV/EBIT)	17.55	14.20	13.56	12.22	11.00	11.08	12.32	9.88	9.95	8.35
Enterprise Value to NOPAT (EV/NOPAT)	20.19	17.89	17.34	15.37	13.97	13.59	15.20	12.39	12.51	10.67
Enterprise Value to Operating Cash Flow (EV/OCF)	13.39	8.45	12.95	9.63	7.90	7.79	8.26	6.84	8.43	6.25
Enterprise Value to Free Cash Flow (EV/FCFF)	43.43	35.78	112.99	401.89	90.31	23.81	17.29	9.32	16.22	7.14
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.59	0.54	0.26	0.54	0.56	0.55	0.56	0.56	0.57	0.60
Long-Term Debt to Equity	0.59	0.54	0.26	0.54	0.55	0.54	0.55	0.56	0.57	0.59
Financial Leverage	-0.13	-0.14	-0.13	0.38	0.38	0.31	-0.10	0.37	0.39	0.34
Leverage Ratio	1.90	1.88	1.89	2.92	2.97	2.88	1.95	2.95	2.98	2.97
Compound Leverage Factor	1.63	1.65	1.69	2.60	2.62	2.52	1.67	2.63	2.62	2.55
Debt to Total Capital	37.05%	35.10%	20.62%	35.22%	35.72%	35.38%	35.72%	36.05%	36.37%	37.51%
Short-Term Debt to Total Capital	0.07%	0.28%	0.17%	0.34%	0.34%	0.36%	0.35%	0.35%	0.39%	0.39%
Long-Term Debt to Total Capital	36.97%	34.82%	20.45%	34.88%	35.37%	35.02%	35.36%	35.70%	35.98%	37.12%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	1.77%	2.04%	1.35%	1.41%	1.61%	1.81%	1.20%	1.46%	1.68%	2.03%
Common Equity to Total Capital	61.18%	62.87%	78.02%	63.37%	62.68%	62.81%	63.08%	62.49%	61.95%	60.46%
Debt to EBITDA	2.43	2.21	1.99	1.95	1.89	1.87	1.91	1.89	1.90	1.89
Net Debt to EBITDA	1.64	1.26	1.31	1.32	1.22	1.06	1.27	1.24	1.38	1.17
Long-Term Debt to EBITDA	2.42	2.19	1.98	1.93	1.87	1.85	1.89	1.87	1.88	1.87
Debt to NOPAT	6.03	5.41	4.57	4.15	4.03	3.87	4.08	4.08	4.11	4.21
Net Debt to NOPAT	4.08	3.10	3.00	2.80	2.60	2.20	2.71	2.68	2.99	2.60
Long-Term Debt to NOPAT	6.02	5.37	4.54	4.11	3.99	3.83	4.04	4.04	4.07	4.17
Altman Z-Score	2.72	2.72	2.74	2.76	2.80	2.84	2.83	2.78	2.72	2.77
Noncontrolling Interest Sharing Ratio	1.86%	2.19%	2.34%	2.26%	2.65%	2.97%	1.76%	2.23%	2.57%	3.01%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.33	1.35	1.35	1.36	1.36	1.35	1.33	1.34	1.33	1.32
Quick Ratio	0.85	0.88	0.90	0.89	0.88	0.86	0.86	0.88	0.86	0.85
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-87	-108	-301	-434	-416	-147	64	431	10	459
Operating Cash Flow to CapEx	179.56%	275.06%	-31.84%	185.03%	263.58%	294.88%	-30.46%	241.06%	138.20%	354.40%
Free Cash Flow to Firm to Interest Expense	-3.49	-4.51	-12.42	-16.57	-16.19	-5.90	2.45	16.03	0.39	17.18
Operating Cash Flow to Interest Expense	10.17	22.38	-1.47	11.89	15.71	22.79	-1.33	10.83	6.89	25.50
Operating Cash Flow Less CapEx to Interest Expense	4.50	14.25	-6.09	5.46	9.75	15.06	-5.68	6.33	1.91	18.30
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.54	1.54	1.53	1.60	1.64	1.65	1.61	1.60	1.59	1.62
Accounts Receivable Turnover	6.34	6.43	5.83	5.89	6.04	6.58	5.69	5.61	5.63	6.41
Inventory Turnover	11.36	12.39	12.06	12.56	12.61	13.06	12.86	12.90	12.25	12.90
Fixed Asset Turnover	7.55	7.50	7.60	7.89	8.23	8.05	8.21	8.18	8.08	8.02
Accounts Payable Turnover	6.21	6.33	5.90	6.17	6.24	6.55	6.04	6.11	6.18	6.48
Days Sales Outstanding (DSO)	57.57	56.72	62.55	62.00	60.40	55.47	64.13	65.02	64.88	56.93
Days Inventory Outstanding (DIO)	32.12	29.47	30.26	29.06	28.95	27.95	28.38	28.30	29.81	28.29
Days Payable Outstanding (DPO)	58.77	57.69	61.92	59.18	58.50	55.70	60.46	59.79	59.09	56.31
Cash Conversion Cycle (CCC)	30.92	28.50	30.90	31.88	30.85	27.72	32.05	33.53	35.60	28.92
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	6,191	6,327	6,744	6,958	6,773	6,635	6,826	6,734	6,928	6,310
Invested Capital Turnover	3.36	3.37	3.31	3.38	3.55	3.62	3.48	3.45	3.42	3.60
Increase / (Decrease) in Invested Capital	231	241	484	642	581	307	82	-224	156	-324
Enterprise Value (EV)	8,719	8,635	9,905	10,260	9,610	9,731	10,321	8,418	8,504	7,005
Market Capitalization	6,831	6,986	8,018	8,283	7,696	8,015	8,388	6,486	6,341	5,146
Book Value per Share	$72.48	$79.16	$167.21	$84.38	$82.71	$84.43	$85.46	$84.56	$84.70	$81.92
Tangible Book Value per Share	$45.45	$51.06	$139.02	$54.97	$53.53	$54.60	$55.42	$54.26	$53.52	$50.65
Total Capital	7,034	7,442	12,672	7,860	7,752	7,831	7,757	7,685	7,692	7,363
Total Debt	2,606	2,612	2,613	2,768	2,769	2,770	2,770	2,771	2,798	2,762
Total Long-Term Debt	2,601	2,591	2,592	2,741	2,742	2,743	2,743	2,744	2,768	2,733
Net Debt	1,763	1,497	1,715	1,867	1,789	1,574	1,840	1,820	2,034	1,709
Capital Expenditures (CapEx)	140	195	112	168	153	193	114	121	132	192
Debt-free, Cash-free Net Working Capital (DFCFNWC)	898	712	1,104	1,182	1,083	801	1,062	1,040	1,182	713
Debt-free Net Working Capital (DFNWC)	1,740	1,827	2,003	2,083	2,063	1,998	1,992	1,990	1,946	1,766
Net Working Capital (NWC)	1,735	1,806	1,981	2,056	2,036	1,970	1,965	1,963	1,916	1,737
Net Nonoperating Expense (NNE)	25	-4.44	20	21	13	17	19	13	10	20
Net Nonoperating Obligations (NNO)	1,763	1,497	-3,315	1,867	1,789	1,574	1,840	1,820	2,034	1,709
Total Depreciation and Amortization (D&A)	139	142	147	151	152	154	155	154	152	159
Debt-free, Cash-free Net Working Capital to Revenue	4.40%	3.41%	5.13%	5.26%	4.71%	3.41%	4.50%	4.40%	5.04%	3.06%
Debt-free Net Working Capital to Revenue	8.53%	8.74%	9.30%	9.28%	8.97%	8.51%	8.44%	8.42%	8.30%	7.58%
Net Working Capital to Revenue	8.50%	8.64%	9.20%	9.16%	8.85%	8.39%	8.32%	8.31%	8.18%	7.45%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.55	$1.98	$2.42	$2.85	$2.26	$2.20	$1.91	$3.04	$2.42	$1.65
Adjusted Weighted Average Basic Shares Outstanding	59.55M	59.67M	59.32M	59.13M	58.77M	58.83M	57.25M	56.93M	56.04M	56.14M
Adjusted Diluted Earnings per Share	$1.54	$1.97	$2.41	$2.84	$2.25	$2.18	$1.90	$3.02	$2.41	$1.64
Adjusted Weighted Average Diluted Shares Outstanding	59.79M	59.92M	59.56M	59.37M	59.08M	59.12M	57.57M	57.23M	56.37M	56.48M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	59.11M	59.13M	59.02M	58.75M	58.26M	57.03M	56.79M	56.26M	54.34M	53.64M
Normalized Net Operating Profit after Tax (NOPAT)	145	133	183	208	165	160	146	208	166	134
Normalized NOPAT Margin	2.76%	2.47%	3.13%	3.46%	2.86%	2.74%	2.43%	3.45%	2.97%	2.35%
Pre Tax Income Margin	2.96%	3.23%	3.41%	3.54%	3.26%	3.02%	2.62%	3.77%	3.41%	2.78%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	7.25	8.22	9.24	9.11	8.34	8.06	7.01	9.42	8.19	6.95
NOPAT to Interest Expense	5.83	5.54	7.56	7.93	6.43	6.40	5.59	7.72	6.26	5.03
EBIT Less CapEx to Interest Expense	1.58	0.08	4.62	2.69	2.38	0.34	2.66	4.93	3.20	-0.24
NOPAT Less CapEx to Interest Expense	0.17	-2.60	2.94	1.51	0.47	-1.33	1.23	3.23	1.28	-2.17
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	84.11%	66.09%	53.31%	43.22%	40.19%	40.36%	42.56%	40.75%	40.58%	41.99%
Augmented Payout Ratio	107.85%	90.63%	78.12%	60.25%	65.67%	86.28%	94.44%	97.53%	116.23%	112.40%

Frequently Asked Questions About Lear's Financials

When does Lear's fiscal year end?

According to the most recent income statement we have on file, Lear's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Lear's net income changed over the last 9 years?

Lear's net income appears to be on a downward trend, with a most recent value of $591.80 million in 2024, falling from $795.80 million in 2015. The previous period was $645.70 million in 2023. View Lear's forecast to see where analysts expect Lear to go next.

What is Lear's operating income?

Lear's total operating income in 2024 was $887.70 million, based on the following breakdown:

Total Gross Profit: $1.64 billion
Total Operating Expenses: $751.60 million

How has Lear revenue changed over the last 9 years?

Over the last 9 years, Lear's total revenue changed from $18.21 billion in 2015 to $23.31 billion in 2024, a change of 28.0%.

How much debt does Lear have?

Lear's total liabilities were at $9.43 billion at the end of 2024, a 2.2% decrease from 2023, and a 47.6% increase since 2015.

How much cash does Lear have?

In the past 9 years, Lear's cash and equivalents has ranged from $1.05 billion in 2024 to $1.50 billion in 2017, and is currently $1.05 billion as of their latest financial filing in 2024.

How has Lear's book value per share changed over the last 9 years?

Over the last 9 years, Lear's book value per share changed from 38.88 in 2015 to 81.92 in 2024, a change of 110.7%.

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This page (NYSE:LEA) was last updated on 5/7/2025 by MarketBeat.com Staff

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Lear (LEA) Financials

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Lear (LEA) Financials

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