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Lear (LEA) Financials

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$134.63 +3.58 (+2.73%)
As of 09/4/2026 03:58 PM Eastern
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Annual Income Statements for Lear

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 2025
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 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 746 975 1,313 1,150 754 159 374 328 573 507 437
Consolidated Net Income / (Loss)		 796 1,041 1,381 1,247 831 234 462 409 646 592 527
Net Income / (Loss) Continuing Operations		 796 1,041 1,381 1,247 831 234 462 409 646 592 527
Total Pre-Tax Income 		1,032 1,338 1,527 1,538 954 299 584 509 777 733 625
Total Operating Income		 1,187 1,461 1,608 1,654 1,070 454 675 654 933 888 777
Total Gross Profit		 1,820 2,123 2,291 2,318 1,738 1,109 1,392 1,410 1,710 1,639 1,504
Total Revenue		 18,211 18,558 20,467 21,149 19,810 17,046 19,263 20,892 23,467 23,306 23,259
Operating Revenue		 18,211 18,558 20,467 21,149 19,810 17,046 19,263 20,892 23,467 23,306 23,259
Total Cost of Revenue		 16,392 16,435 18,176 18,830 18,073 15,937 17,871 19,482 21,757 21,667 21,755
Operating Cost of Revenue		 16,392 16,435 18,176 18,830 18,073 15,937 17,871 19,482 21,757 21,667 21,755
Total Operating Expenses		 633 661 683 664 667 655 717 756 777 752 727
Selling, General & Admin Expense		 581 608 635 613 605 589 643 685 715 703 708
Amortization Expense		 53 53 48 51 62 66 73 71 63 49 20
Total Other Income / (Expense), net		 -155 -123 -82 -116 -117 -155 -92 -145 -156 -155 -152
Interest Expense		 87 83 86 84 92 100 92 99 101 106 101
Other Income / (Expense), net		 -69 -41 4.10 -32 -25 -55 -0.10 -46 -55 -49 -51
Income Tax Expense		 286 370 198 312 146 94 138 134 181 191 150
Other Gains / (Losses), net		 50 72 52 20 23 29 16 33 49 50 52
Net Income / (Loss) Attributable to Noncontrolling Interest		 50 65 68 97 77 75 88 81 73 85 90
Basic Earnings per Share		 $9.71 $13.48 $18.79 $17.35 $12.80 $2.63 $6.22 $5.49 $9.73 $9.02 $8.22
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 53.17M
Diluted Earnings per Share		 $9.59 $13.33 $18.59 $17.22 $12.75 $2.62 $6.19 $5.47 $9.68 $8.97 $8.15
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 53.59M
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 50.73M
Cash Dividends to Common per Share		 $0.25 $1.20 $2.00 $2.80 $3.00 - $1.77 - $3.08 - $0.77

Quarterly Income Statements for Lear

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

Metric Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026
Period end date 12/31/2023 3/30/2024 6/29/2024 9/28/2024 12/31/2024 3/29/2025 6/28/2025 9/27/2025 12/31/2025 4/4/2026 7/4/2026
Net Income / (Loss) Attributable to Common Shareholders		 127 110 173 136 88 81 165 108 83 172 193
Consolidated Net Income / (Loss)		 143 127 194 156 115 103 192 126 106 193 212
Net Income / (Loss) Continuing Operations		 143 127 194 156 115 103 192 126 106 193 212
Total Pre-Tax Income 		177 157 227 191 159 135 218 159 113 217 241
Total Operating Income		 218 197 261 221 210 182 248 193 155 255 268
Total Gross Profit		 405 398 449 405 387 359 439 364 342 450 470
Total Revenue		 5,841 5,995 6,012 5,584 5,715 5,560 6,030 5,680 5,989 5,823 6,209
Operating Revenue		 5,841 5,995 6,012 5,584 5,715 5,560 6,030 5,680 5,989 5,823 6,209
Total Cost of Revenue		 5,436 5,597 5,564 5,179 5,328 5,201 5,591 5,316 5,646 5,373 5,739
Operating Cost of Revenue		 5,436 5,597 5,564 5,179 5,328 5,201 5,591 5,316 5,646 5,373 5,739
Total Operating Expenses		 188 202 188 185 177 178 191 171 187 195 202
Selling, General & Admin Expense		 173 187 175 174 167 172 186 166 183 190 198
Amortization Expense		 15 15 13 11 11 5.20 4.70 4.80 4.80 5.00 4.90
Total Other Income / (Expense), net		 -41 -40 -34 -30 -51 -46 -31 -33 -42 -38 -27
Interest Expense		 25 26 27 27 27 26 25 25 25 26 24
Other Income / (Expense), net		 -16 -14 -7.40 -3.40 -24 -20 -5.20 -8.50 -17 -13 -2.80
Income Tax Expense		 47 41 46 47 57 45 42 45 18 38 49
Other Gains / (Losses), net		 13 11 14 13 13 12 16 12 12 14 19
Net Income / (Loss) Attributable to Noncontrolling Interest		 16 17 21 20 26 22 27 18 24 20 19
Basic Earnings per Share		 $2.20 $1.91 $3.04 $2.42 $1.65 $1.50 $3.07 $2.03 $1.62 $3.38 $3.83
Weighted Average Basic Shares Outstanding		 58.83M 57.25M 56.93M 56.04M 56.14M 53.92M 53.76M 53.22M 53.17M 51.04M 50.30M
Diluted Earnings per Share		 $2.18 $1.90 $3.02 $2.41 $1.64 $1.49 $3.06 $2.02 $1.58 $3.34 $3.79
Weighted Average Diluted Shares Outstanding		 59.12M 57.57M 57.23M 56.37M 56.48M 54.23M 54.06M 53.65M 53.59M 51.55M 50.82M
Weighted Average Basic & Diluted Shares Outstanding		 57.03M 56.79M 56.26M 54.34M 53.64M 53.46M 53.21M 51.87M 50.73M 50.10M 49.32M
Cash Dividends to Common per Share		 - $0.77 $0.77 $0.77 - $0.77 $0.77 $0.77 - $0.77 $0.77

Annual Cash Flow Statements for Lear

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 2025
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 12/31/2025
Net Change in Cash & Equivalents		 103 109 173 56 -9.40 -196 6.80 -204 81 -143 -20
Net Cash From Operating Activities		 1,271 1,619 1,783 1,780 1,284 663 670 1,021 1,249 1,120 1,089
Net Cash From Continuing Operating Activities		 1,271 1,619 1,783 1,780 1,259 663 670 1,021 1,249 1,120 1,089
Net Income / (Loss) Continuing Operations		 796 1,041 1,381 1,247 831 234 462 409 646 592 527
Consolidated Net Income / (Loss)		 796 1,041 1,381 1,247 831 234 462 409 646 592 527
Depreciation Expense		 348 378 428 484 510 540 574 577 604 621 604
Non-Cash Adjustments To Reconcile Net Income		 36 1.20 43 27 25 65 89 58 54 49 97
Changes in Operating Assets and Liabilities, net		 92 199 -69 21 -107 -175 -455 -21 -55 -142 -139
Net Cash From Investing Activities		 -965 -637 -869 -694 -922 -469 -647 -830 -762 -543 -517
Net Cash From Continuing Investing Activities		 -965 -637 -869 -694 -922 -469 -647 -830 -762 -543 -517
Purchase of Property, Plant & Equipment		 -486 -528 -595 -677 -604 -452 -585 -638 -627 -559 -562
Acquisitions		 -499 -156 -292 0.00 -322 0.00 0.00 -188 -175 -0.80 0.00
Other Investing Activities, net		 20 47 18 -17 3.20 -17 -62 -3.80 40 17 45
Net Cash From Financing Activities		 -156 -873 -742 -1,031 -362 -412 -14 -387 -420 -694 -619
Net Cash From Continuing Financing Activities		 -156 -873 -742 -1,031 -362 -398 -14 -387 -420 -694 -619
Repayment of Debt		 -63 -79 -1,008 -6.30 -405 -1,806 -424 -25 -30 -29 -42
Repurchase of Common Equity		 -487 -659 -451 -705 -385 -70 -100 -100 -297 -417 -325
Payment of Dividends		 -106 -122 -219 -265 -265 -191 -188 -270 -261 -249 -252
Issuance of Debt		 500 9.10 995 7.30 693 1,669 699 8.00 168 0.00 0.00
Effect of Exchange Rate Changes		 -47 - - - -9.40 22 - -7.70 13 -26 26
Cash Interest Paid		 86 89 94 97 104 118 92 97 112 116 114
Cash Income Taxes Paid		 219 238 284 279 172 142 148 195 218 268 277

Quarterly Cash Flow Statements for Lear

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 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026
Period end date 12/31/2023 3/30/2024 6/29/2024 9/28/2024 12/31/2024 3/29/2025 6/28/2025 9/27/2025 12/31/2025 4/4/2026 7/4/2026
Net Change in Cash & Equivalents		 215 -266 21 -186 288 -273 111 121 21 -151 120
Net Cash From Operating Activities		 570 -35 291 183 681 -128 296 444 476 98 461
Net Cash From Continuing Operating Activities		 570 -35 291 183 681 -128 296 444 476 98 461
Net Income / (Loss) Continuing Operations		 143 127 194 156 115 103 192 126 106 193 212
Consolidated Net Income / (Loss)		 143 127 194 156 115 103 192 126 106 193 212
Depreciation Expense		 154 155 154 152 159 148 148 152 156 150 151
Changes in Operating Assets and Liabilities, net		 219 -317 -57 -126 358 -378 -44 166 117 -245 98
Net Cash From Investing Activities		 -158 -111 -119 -138 -175 -67 -123 -136 -191 -119 -162
Net Cash From Continuing Investing Activities		 -158 -111 -119 -138 -175 -67 -123 -136 -191 -119 -162
Purchase of Property, Plant & Equipment		 -193 -114 -121 -132 -192 -104 -125 -137 -195 -125 -173
Other Investing Activities, net		 35 2.70 2.60 -5.80 17 37 2.60 1.60 3.60 5.90 10
Net Cash From Financing Activities		 -212 -104 -147 -255 -188 -84 -75 -189 -270 -138 -182
Net Cash From Continuing Financing Activities		 -212 -104 -147 -255 -188 -84 -75 -189 -270 -138 -182
Repayment of Debt		 -3.80 -14 -1.50 22 -35 -10 27 -6.30 -53 -20 -3.90
Repurchase of Common Equity		 -159 -45 -62 -204 -106 -25 -23 -103 -175 -75 -100
Payment of Dividends		 -50 -46 -83 -73 -46 -49 -80 -81 -42 -43 -79
Effect of Exchange Rate Changes		 16 -17 -3.90 25 -30 6.00 13 1.90 5.90 7.40 3.90
Cash Interest Paid		 34 25 33 25 33 26 33 23 33 23 32
Cash Income Taxes Paid		 52 50 103 52 62 58 94 61 64 56 82

Annual Balance Sheets for Lear

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 2025
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 12/31/2025
Total Assets		 9,406 9,901 11,946 11,601 12,681 13,199 13,352 13,763 14,696 14,028 14,843
Total Current Assets		 5,287 5,649 6,613 6,281 6,407 6,777 6,765 6,994 7,637 7,184 7,663
Cash & Equivalents		 1,197 1,272 1,500 1,493 1,488 1,307 1,318 1,115 1,196 1,053 1,033
Accounts Receivable		 2,590 2,747 3,231 2,880 2,983 3,269 3,042 3,452 3,681 3,589 3,903
Inventories, net		 948 1,021 1,206 1,197 1,258 1,401 1,572 1,574 1,758 1,601 1,693
Other Current Assets		 552 611 676 710 678 800 834 854 1,001 941 1,034
Plant, Property, & Equipment, net		 1,827 2,019 2,459 2,598 2,704 2,736 2,720 2,854 2,977 2,833 2,913
Total Noncurrent Assets		 2,293 2,232 2,874 2,722 3,570 3,686 3,867 3,915 4,081 4,010 4,267
Goodwill		 1,054 1,121 1,401 1,405 1,614 1,656 1,658 1,661 1,738 1,699 1,778
Other Noncurrent Operating Assets		 1,239 1,111 1,472 1,317 1,956 2,030 2,209 2,254 2,343 2,311 2,489
Total Liabilities & Shareholders' Equity		 9,406 9,901 11,946 11,601 12,681 13,199 13,352 13,763 14,696 14,028 14,843
Total Liabilities		 6,388 6,708 7,500 7,082 8,061 8,584 8,544 8,933 9,635 9,427 9,642
Total Current Liabilities		 3,840 4,182 4,854 4,501 4,666 5,077 4,760 5,188 5,667 5,447 5,667
Short-Term Debt		 23 44 9.00 23 33 14 0.80 21 28 29 32
Accounts Payable		 2,504 2,641 3,167 2,863 2,822 3,142 2,952 3,206 3,434 3,251 3,417
Accrued Expenses		 - - - 1,615 1,811 1,921 1,807 1,962 2,205 2,168 2,219
Total Noncurrent Liabilities		 2,549 2,525 2,646 2,581 3,395 3,507 3,784 3,744 3,968 3,980 3,975
Long-Term Debt		 1,932 1,898 1,952 1,941 2,294 2,300 2,595 2,591 2,743 2,733 2,712
Other Noncurrent Operating Liabilities		 617 627 694 640 1,101 1,207 1,189 1,153 1,225 1,246 1,264
Total Equity & Noncontrolling Interests		 3,018 3,193 4,293 4,361 4,501 9,230 9,617 4,830 5,061 4,601 5,201
Total Preferred & Common Equity		 2,927 3,057 4,151 4,201 4,350 4,467 4,643 4,679 4,919 4,452 5,035
Preferred Stock		 0.00 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 5,035
Common Stock		 1,453 1,386 1,216 1,018 970 5,579 5,828 1,024 1,051 1,078 1,112
Retained Earnings		 2,828 3,707 4,172 4,114 4,716 4,807 5,073 5,214 5,601 5,931 6,189
Treasury Stock		 -623 -1,200 -724 -225 -563 -599 -679 -754 -1,045 -1,424 -1,721
Accumulated Other Comprehensive Income / (Loss)		 -730 -836 -513 -706 -773 -705 -770 -805 -689 -1,134 -544
Noncontrolling Interest		 90 136 142 160 151 148 165 152 142 149 166

Quarterly Balance Sheets for Lear

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 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026 Q2 2026
Period end date 4/1/2023 7/1/2023 9/30/2023 3/30/2024 6/29/2024 9/28/2024 3/29/2025 6/28/2025 9/27/2025 4/4/2026 7/4/2026
Total Assets		 14,404 14,799 14,614 14,872 14,682 14,818 14,623 15,322 15,158 15,454 15,651
Total Current Assets		 7,579 7,832 7,738 7,908 7,781 7,809 7,716 8,215 8,033 8,254 8,385
Cash & Equivalents		 899 902 980 930 950 764 780 888 1,010 882 1,001
Accounts Receivable		 4,143 4,260 4,041 4,155 4,159 4,289 4,224 4,533 4,222 4,174 4,211
Inventories, net		 1,676 1,703 1,788 1,735 1,702 1,768 1,682 1,684 1,763 1,751 1,724
Other Current Assets		 861 967 929 1,087 969 987 1,030 1,111 1,038 1,447 1,450
Plant, Property, & Equipment, net		 2,841 2,913 2,886 2,910 2,865 2,912 2,847 2,919 2,896 2,846 2,865
Total Noncurrent Assets		 3,985 4,054 3,990 4,054 4,036 4,097 4,061 4,188 4,228 4,354 4,400
Goodwill		 1,667 1,736 1,714 1,720 1,720 1,754 1,723 1,761 1,762 1,776 1,777
Other Noncurrent Operating Assets		 2,318 2,318 2,276 2,334 2,316 2,343 2,337 2,427 2,467 2,578 2,623
Total Liabilities & Shareholders' Equity		 14,404 14,799 14,614 14,872 14,682 14,818 14,623 15,322 15,158 15,454 15,651
Total Liabilities		 9,375 9,707 9,630 9,886 9,768 9,924 9,799 10,111 9,915 10,178 10,326
Total Current Liabilities		 5,598 5,775 5,701 5,943 5,818 5,893 5,847 6,122 5,950 6,216 6,382
Short-Term Debt		 22 27 27 27 27 30 29 31 31 32 33
Accounts Payable		 3,579 3,641 3,557 3,689 3,552 3,494 3,632 3,749 3,619 3,780 3,931
Accrued Expenses		 1,997 2,107 2,118 2,227 2,239 2,369 2,187 2,343 2,300 2,404 2,418
Total Noncurrent Liabilities		 3,777 3,932 3,929 3,943 3,950 4,031 3,951 3,989 3,966 3,963 3,944
Long-Term Debt		 2,592 2,741 2,742 2,743 2,744 2,768 2,733 2,761 2,760 2,712 2,713
Other Noncurrent Operating Liabilities		 1,186 1,191 1,187 1,200 1,207 1,263 1,218 1,229 1,206 1,251 1,230
Total Equity & Noncontrolling Interests		 10,059 5,091 4,983 4,986 4,914 4,894 4,825 5,211 5,243 5,275 5,325
Total Preferred & Common Equity		 4,858 4,981 4,859 4,893 4,802 4,765 4,658 5,082 5,106 5,087 5,181
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 9,887 4,981 4,859 4,893 4,802 4,765 4,658 5,082 5,106 5,087 5,181
Common Stock		 6,043 1,028 1,038 1,040 1,053 1,065 1,075 1,089 1,096 1,085 1,098
Retained Earnings		 5,310 5,432 5,519 5,665 5,793 5,884 5,959 6,082 6,147 6,321 6,473
Treasury Stock		 -762 -798 -870 -1,057 -1,115 -1,323 -1,426 -1,449 -1,546 -1,769 -1,868
Accumulated Other Comprehensive Income / (Loss)		 -705 -682 -829 -755 -929 -862 -950 -640 -591 -550 -522
Noncontrolling Interest		 172 111 125 93 112 129 166 129 137 189 144

Annual Metrics And Ratios for Lear

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 2025
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 12/31/2025
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 2.73% 1.90% 10.29% 3.33% -6.33% -13.96% 13.01% 8.45% 12.33% -0.69% -0.20%
EBITDA Growth		 25.75% 22.71% 13.40% 3.27% -26.17% -39.65% 33.06% -5.19% 25.19% -1.54% -8.89%
EBIT Growth		 30.80% 27.06% 13.49% 0.63% -35.56% -61.85% 69.29% -9.98% 44.48% -4.46% -13.49%
NOPAT Growth		 9.21% 23.17% 32.45% -5.82% -31.28% -65.61% 65.58% -6.49% 48.41% -8.36% -9.97%
Net Income Growth		 13.31% 30.75% 32.72% -9.72% -33.37% -71.84% 97.35% -11.46% 57.99% -8.35% -10.93%
EPS Growth		 16.52% 39.00% 39.46% -7.37% -25.96% -79.45% 136.26% -11.63% 76.97% -7.33% -9.14%
Operating Cash Flow Growth		 37.00% 27.39% 10.12% -0.19% -27.84% -48.37% 1.06% 52.43% 22.31% -10.34% -2.79%
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% -101.02%
Invested Capital Growth		 4.03% 2.32% 26.99% 1.70% 9.41% 3.00% 8.24% 3.96% 4.86% -4.89% 9.52%
Revenue Q/Q Growth		 0.97% -0.44% 3.65% -1.95% -0.63% 2.56% -1.85% 2.41% 2.05% -0.54% 1.19%
EBITDA Q/Q Growth		 7.52% 0.18% 4.09% -1.94% -10.22% 19.52% -14.37% 10.33% 1.10% -0.75% -3.69%
EBIT Q/Q Growth		 8.80% -0.08% 3.90% -2.97% -14.96% 54.07% -23.66% 22.39% 0.49% -1.87% -6.18%
NOPAT Q/Q Growth		 -5.33% 1.34% 13.56% -11.43% -11.25% 20.57% -21.80% 11.73% 4.12% -3.50% -1.13%
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% -1.53%
EPS Q/Q Growth		 -1.74% 1.37% 15.90% -12.05% -6.66% 47.19% -32.50% 40.98% 2.22% -5.68% -0.73%
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% -15.84%
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% -102.00%
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% -1.60%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 9.99% 11.44% 11.19% 10.96% 8.77% 6.51% 7.23% 6.75% 7.29% 7.03% 6.47%
EBITDA Margin		 8.05% 9.69% 9.97% 9.96% 7.85% 5.51% 6.48% 5.67% 6.32% 6.26% 5.72%
Operating Margin		 6.52% 7.87% 7.86% 7.82% 5.40% 2.66% 3.51% 3.13% 3.98% 3.81% 3.34%
EBIT Margin		 6.14% 7.66% 7.88% 7.67% 5.28% 2.34% 3.51% 2.91% 3.74% 3.60% 3.12%
Profit (Net Income) Margin		 4.37% 5.61% 6.75% 5.90% 4.19% 1.37% 2.40% 1.96% 2.75% 2.54% 2.27%
Tax Burden Percent		 77.15% 77.75% 90.45% 81.04% 87.11% 78.15% 79.11% 80.25% 83.08% 80.75% 84.32%
Interest Burden Percent		 92.25% 94.19% 94.68% 94.82% 91.20% 75.03% 86.41% 83.78% 88.49% 87.34% 86.11%
Effective Tax Rate		 27.68% 27.66% 12.94% 20.27% 15.32% 31.37% 23.60% 26.25% 23.26% 26.07% 24.00%
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% 8.94%
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% 5.21%
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% 1.82%
Return on Equity (ROE)		 26.32% 33.51% 36.15% 27.81% 18.18% 3.38% 4.90% 5.66% 13.06% 12.25% 10.75%
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% -0.15%
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% 5.03%
Return on Assets (ROA)		 8.59% 10.78% 12.64% 10.59% 6.84% 1.81% 3.48% 3.01% 4.54% 4.12% 3.65%
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% 10.41%
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% 0.00%
Net Operating Profit after Tax (NOPAT)		 858 1,057 1,400 1,319 906 312 516 483 716 656 591
NOPAT Margin		 4.71% 5.70% 6.84% 6.24% 4.57% 1.83% 2.68% 2.31% 3.05% 2.82% 2.54%
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% 3.72%
Return On Investment Capital (ROIC_SIMPLE)		 - - - - - - - 6.48% 9.14% 8.91% 7.44%
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% 93.53%
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% 3.04%
R&D to Revenue		 0.00% 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% 3.13%
Earnings before Interest and Taxes (EBIT)		 1,118 1,421 1,612 1,623 1,046 399 675 608 878 839 726
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 1,330
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 1.18
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 1.82
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 0.26
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 13.61
Dividend Yield		 0.94% 1.03% 1.27% 2.51% 2.36% 0.69% 1.02% 2.61% 2.24% 3.25% 2.69%
Earnings Yield		 9.26% 11.93% 12.34% 16.09% 9.78% 1.77% 3.63% 4.69% 7.14% 9.84% 7.35%
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 1.13
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 0.34
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 5.88
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 10.77
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 13.24
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 7.18
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 0.00
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 0.53
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 0.52
Financial Leverage		 0.22 0.23 0.15 0.10 0.14 -0.20 -0.38 -0.14 0.31 0.34 0.35
Leverage Ratio		 3.06 3.11 2.86 2.63 2.66 1.87 1.41 1.88 2.88 2.97 2.95
Compound Leverage Factor		 2.83 2.93 2.71 2.49 2.42 1.40 1.22 1.57 2.55 2.60 2.54
Debt to Total Capital		 39.31% 37.82% 30.60% 30.29% 33.50% 20.05% 21.26% 35.10% 35.38% 37.51% 34.53%
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% 0.40%
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% 34.13%
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% 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% 2.09%
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% 63.38%
Debt to EBITDA		 1.33 1.08 0.96 0.93 1.50 2.47 2.08 2.21 1.87 1.89 2.06
Net Debt to EBITDA		 0.52 0.37 0.23 0.22 0.54 1.07 1.02 1.26 1.06 1.17 1.29
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 2.04
Debt to NOPAT		 2.28 1.84 1.40 1.49 2.57 7.43 5.03 5.41 3.87 4.21 4.64
Net Debt to NOPAT		 0.88 0.63 0.33 0.36 0.93 3.23 2.48 3.10 2.20 2.60 2.89
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 4.59
Altman Z-Score		 3.69 3.78 3.68 3.57 3.09 2.68 3.05 2.82 2.99 2.93 2.84
Noncontrolling Interest Sharing Ratio		 2.66% 3.64% 5.64% 6.84% 6.43% 3.01% 1.66% 2.19% 2.97% 3.01% 3.22%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 1.38 1.35 1.36 1.40 1.37 1.33 1.42 1.35 1.35 1.32 1.35
Quick Ratio		 0.99 0.96 0.97 0.97 0.96 0.90 0.92 0.88 0.86 0.85 0.87
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 712 970 358 1,236 437 148 53 241 409 981 -10
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% 193.87%
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 -0.10
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 10.80
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 5.23
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 1.97 1.92 1.87 1.80 1.63 1.32 1.45 1.54 1.65 1.62 1.61
Accounts Receivable Turnover		 7.20 6.96 6.85 6.92 6.76 5.45 6.10 6.43 6.58 6.41 6.21
Inventory Turnover		 18.20 16.70 16.33 15.68 14.72 11.99 12.02 12.39 13.06 12.90 13.21
Fixed Asset Turnover		 10.55 9.65 9.14 8.36 7.47 6.27 7.06 7.50 8.05 8.02 8.10
Accounts Payable Turnover		 6.52 6.39 6.26 6.25 6.36 5.34 5.87 6.33 6.55 6.48 6.53
Days Sales Outstanding (DSO)		 50.72 52.48 53.30 52.74 54.01 66.94 59.79 56.72 55.47 56.93 58.79
Days Inventory Outstanding (DIO)		 20.06 21.86 22.35 23.28 24.79 30.45 30.36 29.47 27.95 28.29 27.64
Days Payable Outstanding (DPO)		 56.00 57.13 58.31 58.44 57.40 68.29 62.23 57.69 55.70 56.31 55.93
Cash Conversion Cycle (CCC)		 14.78 17.21 17.34 17.58 21.40 29.10 27.92 28.50 27.72 28.92 30.49
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 6,911
Invested Capital Turnover		 4.92 4.86 4.67 4.27 3.79 3.08 3.29 3.37 3.62 3.60 3.52
Increase / (Decrease) in Invested Capital		 146 88 1,043 83 470 164 463 241 307 -324 601
Enterprise Value (EV)		 8,902 8,982 11,396 7,935 8,811 10,095 11,757 8,635 9,731 7,005 7,820
Market Capitalization		 8,053 8,176 10,640 7,146 7,702 8,939 10,314 6,986 8,015 5,146 5,944
Book Value per Share		 $38.88 $43.55 $61.43 $65.46 $71.93 $151.27 $158.54 $79.16 $84.43 $81.92 $97.07
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 $62.80
Total Capital		 4,973 5,135 6,407 6,483 6,947 11,544 12,213 7,442 7,831 7,363 7,944
Total Debt		 1,955 1,942 1,961 1,964 2,327 2,315 2,596 2,612 2,770 2,762 2,743
Total Long-Term Debt		 1,932 1,898 1,952 1,941 2,294 2,300 2,595 2,591 2,743 2,733 2,712
Net Debt		 758 671 460 471 839 1,008 1,278 1,497 1,574 1,709 1,710
Capital Expenditures (CapEx)		 486 528 595 677 604 452 585 638 627 559 562
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 274 240 267 310 286 408 688 712 801 713 995
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 2,028
Net Working Capital (NWC)		 1,447 1,467 1,759 1,780 1,741 1,700 2,005 1,806 1,970 1,737 1,996
Net Nonoperating Expense (NNE)		 63 17 19 72 76 78 54 74 70 64 64
Net Nonoperating Obligations (NNO)		 758 671 460 471 839 -3,607 -3,531 1,497 1,574 1,709 1,710
Total Depreciation and Amortization (D&A)		 348 378 428 484 510 540 574 577 604 621 604
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% 4.28%
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% 8.72%
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% 8.58%
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 $8.22
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 53.17M
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 $8.15
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 53.59M
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 $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 50.73M
Normalized Net Operating Profit after Tax (NOPAT)		 858 1,057 1,400 1,319 906 312 516 483 716 656 591
Normalized NOPAT Margin		 4.71% 5.70% 6.84% 6.24% 4.57% 1.83% 2.68% 2.31% 3.05% 2.82% 2.54%
Pre Tax Income Margin		 5.66% 7.21% 7.46% 7.27% 4.81% 1.76% 3.03% 2.44% 3.31% 3.14% 2.69%
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 7.20
NOPAT to Interest Expense		 9.90 12.81 16.34 15.68 9.85 3.13 5.62 4.89 7.08 6.18 5.86
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 1.63
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 0.29
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% 47.75%
Augmented Payout Ratio		 74.60% 75.05% 48.50% 77.83% 78.24% 111.42% 62.41% 90.63% 86.28% 112.40% 109.45%

Quarterly Metrics And Ratios for Lear

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

Metric Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026
Period end date 12/31/2023 3/30/2024 6/29/2024 9/28/2024 12/31/2024 3/29/2025 6/28/2025 9/27/2025 12/31/2025 4/4/2026 7/4/2026
DEI Shares Outstanding		 - - - - - - - - - 50,727,454.00 50,095,099.00
DEI Adjusted Shares Outstanding		 - - - - - - - - - 50,727,454.00 50,095,099.00
DEI Earnings Per Adjusted Shares Outstanding		 - - - - - - - - - 3.40 3.85
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 8.76% 2.55% 0.22% -3.40% -2.17% -7.24% 0.30% 1.71% 4.79% 4.72% 2.97%
EBITDA Growth		 4.77% -8.76% 4.46% 0.87% -3.09% -8.69% -3.98% -8.99% -14.80% 26.97% 6.29%
EBIT Growth		 2.18% -18.16% 6.16% 1.26% -7.94% -11.91% -4.14% -15.25% -25.75% 50.31% 9.14%
NOPAT Growth		 20.42% -20.35% -0.08% 0.40% -16.11% -17.01% -3.35% -16.85% -2.98% 73.43% 6.64%
Net Income Growth		 4.15% -22.34% 3.85% 2.56% -19.93% -19.23% -1.29% -18.97% -7.16% 88.00% 10.32%
EPS Growth		 10.66% -21.16% 6.34% 7.11% -24.77% -21.58% 1.32% -16.18% -3.66% 124.16% 23.86%
Operating Cash Flow Growth		 6.05% 2.81% -6.49% -54.75% 19.50% -269.08% 1.72% 143.24% -30.10% 176.82% 55.47%
Free Cash Flow Firm Growth		 -36.06% 121.25% 199.28% 102.50% 411.10% 119.76% -141.58% 310.47% -202.61% -185.90% 243.86%
Invested Capital Growth		 4.86% 1.21% -3.21% 2.30% -4.89% -0.28% 5.64% 1.38% 9.52% 4.85% -0.62%
Revenue Q/Q Growth		 1.04% 2.63% 0.30% -7.12% 2.33% -2.70% 8.45% -5.81% 5.44% -2.77% 6.64%
EBITDA Q/Q Growth		 -2.89% -4.89% 20.40% -9.28% -6.71% -10.39% 26.61% -14.01% -12.67% 33.54% 5.99%
EBIT Q/Q Growth		 -5.97% -9.23% 38.47% -14.33% -14.51% -13.15% 50.68% -24.25% -25.11% 75.83% 9.41%
NOPAT Q/Q Growth		 -3.25% -8.88% 42.41% -20.03% -19.16% -9.86% 65.86% -31.21% -5.67% 61.13% 1.98%
Net Income Q/Q Growth		 -5.98% -11.26% 53.19% -19.75% -26.60% -10.48% 87.22% -34.13% -15.90% 81.28% 9.86%
EPS Q/Q Growth		 -3.11% -12.84% 58.95% -20.20% -31.95% -9.15% 105.37% -33.99% -21.78% 111.39% 13.47%
Operating Cash Flow Q/Q Growth		 41.08% -106.07% 941.62% -37.26% 272.63% -118.76% 331.95% 50.03% 7.09% -79.39% 369.42%
Free Cash Flow Firm Q/Q Growth		 64.57% 143.33% 574.88% -97.59% 4,304.93% -69.39% -227.69% 123.84% -1,201.18% 74.38% 313.84%
Invested Capital Q/Q Growth		 -2.04% 2.88% -1.34% 2.88% -8.92% 7.87% 4.52% -1.27% -1.60% 3.27% -0.94%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 6.94% 6.64% 7.46% 7.26% 6.77% 6.46% 7.28% 6.40% 5.72% 7.73% 7.57%
EBITDA Margin		 6.09% 5.64% 6.77% 6.62% 6.03% 5.56% 6.49% 5.92% 4.90% 6.74% 6.69%
Operating Margin		 3.72% 3.28% 4.34% 3.95% 3.67% 3.27% 4.11% 3.39% 2.59% 4.38% 4.31%
EBIT Margin		 3.45% 3.05% 4.21% 3.89% 3.25% 2.90% 4.03% 3.24% 2.30% 4.16% 4.27%
Profit (Net Income) Margin		 2.45% 2.12% 3.23% 2.79% 2.00% 1.84% 3.18% 2.23% 1.78% 3.31% 3.41%
Tax Burden Percent		 80.97% 80.88% 85.83% 81.85% 72.06% 75.70% 88.23% 79.30% 94.24% 88.92% 87.88%
Interest Burden Percent		 87.60% 85.74% 89.38% 87.79% 85.61% 84.00% 89.54% 86.63% 81.86% 89.43% 90.87%
Effective Tax Rate		 26.44% 25.81% 20.40% 24.71% 36.06% 33.38% 19.13% 28.29% 16.05% 17.72% 20.13%
Return on Invested Capital (ROIC)		 9.92% 8.46% 11.92% 10.17% 8.46% 7.30% 11.00% 8.01% 7.65% 12.16% 11.52%
ROIC Less NNEP Spread (ROIC-NNEP)		 8.81% 11.02% 11.20% 9.64% 7.26% 6.33% 10.53% 7.40% 6.25% 11.27% 11.39%
Return on Net Nonoperating Assets (RNNOA)		 2.74% -1.08% 4.13% 3.73% 2.47% 2.47% 3.87% 2.78% 2.18% 4.29% 3.95%
Return on Equity (ROE)		 12.65% 7.38% 16.05% 13.90% 10.92% 9.77% 14.87% 10.79% 9.83% 16.44% 15.46%
Cash Return on Invested Capital (CROIC)		 6.31% 8.80% 13.19% 7.66% 15.15% 9.56% 3.55% 7.20% -0.15% 4.99% 10.37%
Operating Return on Assets (OROA)		 5.69% 4.93% 6.76% 6.19% 5.27% 4.50% 6.15% 4.97% 3.71% 6.51% 6.53%
Return on Assets (ROA)		 4.04% 3.42% 5.18% 4.45% 3.25% 2.86% 4.86% 3.41% 2.86% 5.18% 5.22%
Return on Common Equity (ROCE)		 12.28% 7.25% 15.69% 13.55% 10.59% 9.51% 14.52% 10.51% 9.51% 15.87% 15.06%
Return on Equity Simple (ROE_SIMPLE)		 0.00% 12.45% 12.84% 13.02% 0.00% 12.18% 11.12% 0.00% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 160 146 208 166 134 121 201 138 130 210 214
NOPAT Margin		 2.74% 2.43% 3.45% 2.97% 2.35% 2.18% 3.33% 2.43% 2.17% 3.60% 3.45%
Net Nonoperating Expense Percent (NNEP)		 1.11% -2.56% 0.72% 0.52% 1.20% 0.97% 0.47% 0.61% 1.40% 0.89% 0.12%
Return On Investment Capital (ROIC_SIMPLE)		 2.04% - - - 1.82% 1.59% 2.51% 1.72% 1.64% 2.62% 2.65%
Cost of Revenue to Revenue		 93.06% 93.36% 92.54% 92.74% 93.23% 93.54% 92.72% 93.60% 94.28% 92.27% 92.43%
SG&A Expenses to Revenue		 2.95% 3.11% 2.92% 3.12% 2.92% 3.10% 3.09% 2.93% 3.05% 3.27% 3.18%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 3.21% 3.36% 3.13% 3.31% 3.10% 3.19% 3.17% 3.01% 3.13% 3.35% 3.26%
Earnings before Interest and Taxes (EBIT)		 202 183 253 217 186 161 243 184 138 242 265
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 356 338 407 370 345 309 391 336 294 392 416
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 1.63 1.71 1.35 1.33 1.16 1.01 0.99 1.06 1.18 1.18 1.27
Price to Tangible Book Value (P/TBV)		 2.52 2.64 2.10 2.11 1.87 1.61 1.52 1.61 1.82 1.82 1.93
Price to Revenue (P/Rev)		 0.34 0.36 0.27 0.27 0.22 0.21 0.22 0.23 0.26 0.26 0.28
Price to Earnings (P/E)		 14.00 15.58 11.95 11.62 10.16 9.88 10.73 12.21 13.61 11.38 11.79
Dividend Yield		 2.24% 2.14% 2.70% 2.73% 3.25% 3.50% 3.27% 3.04% 2.69% 2.60% 2.35%
Earnings Yield		 7.14% 6.42% 8.37% 8.61% 9.84% 10.13% 9.32% 8.19% 7.35% 8.79% 8.48%
Enterprise Value to Invested Capital (EV/IC)		 1.47 1.51 1.25 1.23 1.11 1.01 0.99 1.04 1.13 1.13 1.19
Enterprise Value to Revenue (EV/Rev)		 0.41 0.44 0.36 0.36 0.30 0.30 0.31 0.32 0.34 0.34 0.36
Enterprise Value to EBITDA (EV/EBITDA)		 6.56 7.12 5.74 5.78 4.80 4.80 5.00 5.30 5.88 5.71 5.87
Enterprise Value to EBIT (EV/EBIT)		 11.08 12.32 9.88 9.95 8.35 8.40 8.77 9.45 10.77 9.99 10.18
Enterprise Value to NOPAT (EV/NOPAT)		 13.59 15.20 12.39 12.51 10.67 10.85 11.30 12.24 13.24 11.89 12.21
Enterprise Value to Operating Cash Flow (EV/OCF)		 7.79 8.26 6.84 8.43 6.25 6.69 6.86 5.65 7.18 6.13 5.71
Enterprise Value to Free Cash Flow (EV/FCFF)		 23.81 17.29 9.32 16.22 7.14 10.53 28.75 14.56 0.00 23.18 11.48
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.55 0.56 0.56 0.57 0.60 0.57 0.54 0.53 0.53 0.52 0.52
Long-Term Debt to Equity		 0.54 0.55 0.56 0.57 0.59 0.57 0.53 0.53 0.52 0.51 0.51
Financial Leverage		 0.31 -0.10 0.37 0.39 0.34 0.39 0.37 0.38 0.35 0.38 0.35
Leverage Ratio		 2.88 1.95 2.95 2.98 2.97 3.01 2.96 2.96 2.95 2.98 2.94
Compound Leverage Factor		 2.52 1.67 2.63 2.62 2.55 2.53 2.65 2.56 2.41 2.66 2.67
Debt to Total Capital		 35.38% 35.72% 36.05% 36.37% 37.51% 36.41% 34.88% 34.74% 34.53% 34.22% 34.03%
Short-Term Debt to Total Capital		 0.36% 0.35% 0.35% 0.39% 0.39% 0.38% 0.38% 0.39% 0.40% 0.40% 0.41%
Long-Term Debt to Total Capital		 35.02% 35.36% 35.70% 35.98% 37.12% 36.02% 34.50% 34.35% 34.13% 33.81% 33.62%
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% 0.00%
Noncontrolling Interests to Total Capital		 1.81% 1.20% 1.46% 1.68% 2.03% 2.19% 1.61% 1.70% 2.09% 2.35% 1.78%
Common Equity to Total Capital		 62.81% 63.08% 62.49% 61.95% 60.46% 61.40% 63.51% 63.56% 63.38% 63.43% 64.19%
Debt to EBITDA		 1.87 1.91 1.89 1.90 1.89 1.93 1.97 2.02 2.06 1.94 1.91
Net Debt to EBITDA		 1.06 1.27 1.24 1.38 1.17 1.39 1.35 1.29 1.29 1.32 1.21
Long-Term Debt to EBITDA		 1.85 1.89 1.87 1.88 1.87 1.91 1.95 2.00 2.04 1.92 1.89
Debt to NOPAT		 3.87 4.08 4.08 4.11 4.21 4.37 4.46 4.67 4.64 4.05 3.97
Net Debt to NOPAT		 2.20 2.71 2.68 2.99 2.60 3.13 3.04 2.98 2.89 2.75 2.52
Long-Term Debt to NOPAT		 3.83 4.04 4.04 4.07 4.17 4.32 4.41 4.62 4.59 4.00 3.92
Altman Z-Score		 2.84 2.83 2.78 2.72 2.77 2.61 2.57 2.62 2.71 2.66 2.68
Noncontrolling Interest Sharing Ratio		 2.97% 1.76% 2.23% 2.57% 3.01% 2.65% 2.38% 2.62% 3.22% 3.51% 2.59%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 1.35 1.33 1.34 1.33 1.32 1.32 1.34 1.35 1.35 1.33 1.31
Quick Ratio		 0.86 0.86 0.88 0.86 0.85 0.86 0.89 0.88 0.87 0.81 0.82
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -147 64 431 10 459 140 -179 43 -471 -121 258
Operating Cash Flow to CapEx		 294.88% -30.46% 241.06% 138.20% 354.40% -122.79% 236.20% 323.44% 244.30% 78.73% 266.65%
Free Cash Flow to Firm to Interest Expense		 -5.90 2.45 16.03 0.39 17.18 5.44 -7.06 1.74 -18.82 -4.71 10.66
Operating Cash Flow to Interest Expense		 22.79 -1.33 10.83 6.89 25.50 -4.95 11.66 18.07 19.04 3.83 19.03
Operating Cash Flow Less CapEx to Interest Expense		 15.06 -5.68 6.33 1.91 18.30 -8.98 6.72 12.48 11.24 -1.04 11.89
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 1.65 1.61 1.60 1.59 1.62 1.55 1.53 1.53 1.61 1.56 1.53
Accounts Receivable Turnover		 6.58 5.69 5.61 5.63 6.41 5.46 5.27 5.40 6.21 5.60 5.42
Inventory Turnover		 13.06 12.86 12.90 12.25 12.90 12.45 12.58 12.14 13.21 12.78 12.95
Fixed Asset Turnover		 8.05 8.21 8.18 8.08 8.02 7.95 7.92 7.91 8.10 8.26 8.20
Accounts Payable Turnover		 6.55 6.04 6.11 6.18 6.48 5.81 5.83 6.03 6.53 5.92 5.75
Days Sales Outstanding (DSO)		 55.47 64.13 65.02 64.88 56.93 66.86 69.30 67.58 58.79 65.16 67.33
Days Inventory Outstanding (DIO)		 27.95 28.38 28.30 29.81 28.29 29.32 29.02 30.06 27.64 28.57 28.18
Days Payable Outstanding (DPO)		 55.70 60.46 59.79 59.09 56.31 62.81 62.56 60.56 55.93 61.69 63.50
Cash Conversion Cycle (CCC)		 27.72 32.05 33.53 35.60 28.92 33.37 35.76 37.09 30.49 32.04 32.01
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 6,635 6,826 6,734 6,928 6,310 6,807 7,114 7,024 6,911 7,137 7,070
Invested Capital Turnover		 3.62 3.48 3.45 3.42 3.60 3.36 3.31 3.29 3.52 3.37 3.34
Increase / (Decrease) in Invested Capital		 307 82 -224 156 -324 -19 380 95 601 330 -44
Enterprise Value (EV)		 9,731 10,321 8,418 8,504 7,005 6,866 7,075 7,315 7,820 8,064 8,445
Market Capitalization		 8,015 8,388 6,486 6,341 5,146 4,718 5,043 5,397 5,944 6,013 6,555
Book Value per Share		 $84.43 $85.46 $84.56 $84.70 $81.92 $86.85 $95.06 $95.96 $97.07 $100.27 $103.42
Tangible Book Value per Share		 $54.60 $55.42 $54.26 $53.52 $50.65 $54.72 $62.12 $62.85 $62.80 $65.27 $67.94
Total Capital		 7,831 7,757 7,685 7,692 7,363 7,587 8,002 8,033 7,944 8,019 8,071
Total Debt		 2,770 2,770 2,771 2,798 2,762 2,762 2,791 2,791 2,743 2,744 2,746
Total Long-Term Debt		 2,743 2,743 2,744 2,768 2,733 2,733 2,761 2,760 2,712 2,712 2,713
Net Debt		 1,574 1,840 1,820 2,034 1,709 1,982 1,904 1,781 1,710 1,862 1,746
Capital Expenditures (CapEx)		 193 114 121 132 192 104 125 137 195 125 173
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 801 1,062 1,040 1,182 713 1,118 1,236 1,105 995 1,188 1,035
Debt-free Net Working Capital (DFNWC)		 1,998 1,992 1,990 1,946 1,766 1,898 2,124 2,115 2,028 2,070 2,036
Net Working Capital (NWC)		 1,970 1,965 1,963 1,916 1,737 1,869 2,093 2,084 1,996 2,038 2,003
Net Nonoperating Expense (NNE)		 17 19 13 10 20 18 8.75 12 24 17 2.26
Net Nonoperating Obligations (NNO)		 1,574 1,840 1,820 2,034 1,709 1,982 1,904 1,781 1,710 1,862 1,746
Total Depreciation and Amortization (D&A)		 154 155 154 152 159 148 148 152 156 150 151
Debt-free, Cash-free Net Working Capital to Revenue		 3.41% 4.50% 4.40% 5.04% 3.06% 4.89% 5.40% 4.81% 4.28% 5.05% 4.37%
Debt-free Net Working Capital to Revenue		 8.51% 8.44% 8.42% 8.30% 7.58% 8.30% 9.28% 9.20% 8.72% 8.80% 8.59%
Net Working Capital to Revenue		 8.39% 8.32% 8.31% 8.18% 7.45% 8.17% 9.14% 9.06% 8.58% 8.67% 8.45%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $2.20 $1.91 $3.04 $2.42 $1.65 $1.50 $3.07 $2.03 $1.62 $3.38 $3.83
Adjusted Weighted Average Basic Shares Outstanding		 58.83M 57.25M 56.93M 56.04M 56.14M 53.92M 53.76M 53.22M 53.17M 51.04M 50.30M
Adjusted Diluted Earnings per Share		 $2.18 $1.90 $3.02 $2.41 $1.64 $1.49 $3.06 $2.02 $1.58 $3.34 $3.79
Adjusted Weighted Average Diluted Shares Outstanding		 59.12M 57.57M 57.23M 56.37M 56.48M 54.23M 54.06M 53.65M 53.59M 51.55M 50.82M
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 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 57.03M 56.79M 56.26M 54.34M 53.64M 53.46M 53.21M 51.87M 50.73M 50.10M 49.32M
Normalized Net Operating Profit after Tax (NOPAT)		 160 146 208 166 134 121 201 138 130 210 214
Normalized NOPAT Margin		 2.74% 2.43% 3.45% 2.97% 2.35% 2.18% 3.33% 2.43% 2.17% 3.60% 3.45%
Pre Tax Income Margin		 3.02% 2.62% 3.77% 3.41% 2.78% 2.44% 3.61% 2.81% 1.88% 3.72% 3.88%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 8.06 7.01 9.42 8.19 6.95 6.25 9.56 7.48 5.51 9.46 10.95
NOPAT to Interest Expense		 6.40 5.59 7.72 6.26 5.03 4.69 7.90 5.61 5.21 8.20 8.84
EBIT Less CapEx to Interest Expense		 0.34 2.66 4.93 3.20 -0.24 2.22 4.63 1.89 -2.28 4.60 3.82
NOPAT Less CapEx to Interest Expense		 -1.33 1.23 3.23 1.28 -2.17 0.66 2.96 0.03 -2.58 3.33 1.71
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 40.36% 42.56% 40.75% 40.58% 41.99% 44.40% 44.03% 47.81% 47.75% 39.74% 38.24%
Augmented Payout Ratio		 86.28% 94.44% 97.53% 116.23% 112.40% 114.38% 107.29% 95.63% 109.45% 100.52% 109.29%

Financials Breakdown Chart

Key Financial Trends

Lear’s latest results show a clear improvement in operating momentum. In Q2 2026, revenue increased to $6.21 billion, up 3.0% from $6.03 billion in Q2 2025 and 6.6% from Q1 2026. Gross profit rose 7.1% year over year to $470.3 million, while operating income increased 8.0% to $267.9 million.

Profitability also improved. The gross margin expanded to approximately 7.6% from 7.3% a year earlier, and the operating margin increased to 4.3% from 4.1%. Net income attributable to common shareholders rose 16.7% to $192.8 million, while diluted earnings per share climbed nearly 24% to $3.79. The stronger EPS growth reflects both higher earnings and a reduced share count.

Cash generation was particularly strong in the latest quarter. Operating cash flow reached $460.5 million, compared with $296.2 million in Q2 2025 and $98.1 million in Q1 2026. After $172.7 million of capital expenditures, estimated free cash flow was approximately $287.8 million. Lear also ended Q2 with $1.00 billion of cash, up from $887.9 million a year earlier.

  • Improving sales trend: Quarterly revenue has recovered from $5.24 billion in Q3 2022 to $6.21 billion in Q2 2026, with Q2 2026 marking a new high among the periods provided.
  • Margin recovery: Q2 2026 gross and operating margins improved from the weaker levels recorded in Q2 2025, indicating better operating leverage and cost control.
  • Strong earnings growth: Common-shareholder net income increased to $192.8 million in Q2 2026 from $165.2 million in Q2 2025, while diluted EPS rose from $3.06 to $3.79.
  • Share repurchases are supporting per-share results: Lear repurchased $100 million of stock in Q2 2026, and diluted weighted-average shares were down about 5.9% from Q2 2025.
  • Operating cash flow strengthened materially: Q2 2026 operating cash flow increased more than 55% year over year, and free cash flow comfortably exceeded the quarter’s dividend and buyback spending.
  • Cash reserves are rebuilding: Cash and equivalents increased to $1.00 billion at the end of Q2 2026 from $779.9 million in Q1 2025 and $763.9 million in Q3 2024.
  • Shareholder distributions remain substantial: The quarterly dividend has remained at $0.77 per share throughout the reported periods. Lear paid $78.5 million in dividends and repurchased $100 million of stock in Q2 2026, although these uses of cash should be evaluated against future capital needs.
  • Leverage appears manageable but meaningful: Q2 2026 short- and long-term debt totaled approximately $2.75 billion, compared with $5.32 billion of equity and $10.33 billion of total liabilities. Interest expense remains around $24 million per quarter.
  • Profitability remains structurally thin: Even after the recent improvement, the Q2 2026 operating margin was only about 4.3%, below the approximately 4.6% reported in Q2 2023 and 4.3% in Q2 2024 on the provided figures.
  • Working capital and cash flow are volatile: Operating cash flow was negative in Q1 2024 and Q1 2025 because of large working-capital outflows. The Q2 2026 improvement was helped by a $98.2 million operating-capital benefit, which may not repeat.

Overall, Lear’s financial statements point to a stronger near-term position: revenue is growing, margins are recovering, EPS is benefiting from buybacks, and cash flow has improved sharply. However, the company operates with narrow margins, significant debt and substantial capital requirements. Investors should watch whether the Q2 cash-flow improvement persists and whether Lear can sustain margin expansion as the automotive cycle and supplier-cost environment change.

09/05/26 08:12 PM ETAI Generated. May Contain Errors.

Lear Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Lear's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

Lear's net income appears to be on a downward trend, with a most recent value of $527.10 million in 2025, falling from $795.80 million in 2015. The previous period was $591.80 million in 2024. Find out what analysts predict for Lear in the coming months.

Lear's total operating income in 2025 was $777.30 million, based on the following breakdown:
  • Total Gross Profit: $1.50 billion
  • Total Operating Expenses: $727.10 million

Over the last 10 years, Lear's total revenue changed from $18.21 billion in 2015 to $23.26 billion in 2025, a change of 27.7%.

Lear's total liabilities were at $9.64 billion at the end of 2025, a 2.3% increase from 2024, and a 50.9% increase since 2015.

In the past 10 years, Lear's cash and equivalents has ranged from $1.03 billion in 2025 to $1.50 billion in 2017, and is currently $1.03 billion as of their latest financial filing in 2025.

Over the last 10 years, Lear's book value per share changed from 38.88 in 2015 to 97.07 in 2025, a change of 149.7%.


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Financial statements for NYSE:LEA last updated on 7/31/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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