Lear Corporation (LEA) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q4 26	$3.98	$4.28	+7.5%	—	—	—
Q3 26	$3.51	$3.87	+10.3%	—	—	—
Q2 26	$2.8	$3.41	+21.8%	—	—	—
Q1 26	$3.3	$3.47	+5.2%	—	—	—
Q4 25	$2.7	$3.12	+15.6%	—	—	—
Q3 25	$2.58	$2.94	+14.0%	—	—	—
Q2 25	$2.56	$2.89	+12.9%	—	—	—
Q1 25	$3.39	$3.6	+6.2%	—	—	—
Q4 24	$3.07	$3.18	+3.6%	—	—	—
Q3 24	$3.11	$3.03	-2.6%	—	—	—
Q2 24	$2.62	$2.87	+9.5%	—	—	—
Q1 24	$3.21	$3.33	+3.7%	—	—	—
Q4 23	$2.55	$2.78	+9.0%	—	—	—
Q3 23	$2.58	$2.81	+8.9%	—	—	—
Q2 23	$2.13	$2.33	+9.4%	—	—	—
Q1 23	$1.44	$1.79	+24.3%	—	—	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$8.62	—	—	$23.3B	—
FY24	—	$9.46	—	—	$23.3B	—
FY23	—	$10	—	—	$23.5B	—
FY22	—	$5.55	—	—	$20.9B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$18.6B	$20.5B	$21.1B	$19.8B	$17B	$19.3B	$20.9B	$23.5B	$23.3B	$23.3B
YoY change	+1.9%	+10.3%	+3.33%	-6.33%	-14%	+13%	+8.45%	+12.3%	-0.69%	-0.2%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	18.6B	20.5B	21.1B	19.8B	17B	19.3B	20.9B	23.5B	23.3B	23.3B
Cost of revenue	16.4B	18.2B	18.8B	18.1B	15.9B	17.9B	19.5B	21.8B	21.7B	21.8B
Gross profit	2.1B	2.3B	2.3B	1.7B	1.1B	1.4B	1.4B	1.7B	1.6B	1.5B
Gross margin	11.4%	11.2%	11%	8.77%	6.51%	7.23%	6.75%	7.29%	7.03%	6.47%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	608.2M	635.2M	612.8M	605M	588.9M	643.2M	684.8M	714.7M	702.5M	707.6M
Operating expenses	608.2M	635.2M	612.8M	605M	588.9M	643.2M	684.8M	714.7M	702.5M	707.6M
Operating income	1.5B	1.6B	1.7B	1.1B	454.1M	675.4M	654.3M	933.2M	887.7M	777.3M
Operating margin	7.87%	7.86%	7.82%	5.4%	2.66%	3.51%	3.13%	3.98%	3.81%	3.34%
Non-operating income, net	-40.6M	4.1M	-31.6M	-24.6M	-55.2M	-100K	-46.4M	-54.9M	-48.6M	-51.4M
Pretax income	1.3B	1.5B	1.5B	953.6M	299.3M	583.5M	509.3M	777.2M	732.9M	625.1M
Income tax	370.2M	197.5M	311.9M	146.1M	93.9M	137.7M	133.7M	180.8M	191.1M	150M
Net income	1B	1.4B	1.2B	830.7M	233.9M	461.6M	408.7M	645.7M	591.8M	527.1M
Net margin	5.61%	6.75%	5.89%	4.19%	1.37%	2.4%	1.96%	2.75%	2.54%	2.27%
EBITDA	1.8B	2B	2.1B	1.6B	938.8M	1.2B	1.2B	1.5B	1.5B	1.3B
EPS	14	19.6	18.3	12.5	2.64	6.27	5.55	10	9.46	8.62
Diluted EPS	13.3	18.6	17.2	12.5	2.62	6.19	5.47	9.68	8.97	8.15

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	5.8B	5.8B	6B	6B	5.6B	5.7B	5.6B	6B	5.7B	6B	5.8B	6.2B
Cost of revenue	5.4B	5.4B	5.6B	5.6B	5.2B	5.3B	5.2B	5.6B	5.3B	5.6B	5.4B	5.7B
Gross profit	418.2M	405.2M	398.1M	448.8M	405.3M	387.1M	359.2M	439.1M	363.7M	342.4M	450.3M	470.3M
Gross margin	7.23%	6.94%	6.64%	7.46%	7.26%	6.77%	6.46%	7.28%	6.4%	5.72%	7.73%	7.57%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	182.5M	172.6M	186.5M	175.3M	174.1M	166.6M	172.4M	186.3M	166.4M	182.5M	190.3M	197.5M
Operating expenses	182.5M	172.6M	186.5M	175.3M	174.1M	166.6M	172.4M	186.3M	166.4M	182.5M	190.3M	197.5M
Operating income	220.2M	217.5M	196.5M	260.8M	220.5M	209.9M	181.6M	248.1M	192.5M	155.1M	255M	267.9M
Operating margin	3.81%	3.72%	3.28%	4.34%	3.95%	3.67%	3.27%	4.11%	3.39%	2.59%	4.38%	4.31%
Non-operating income, net	-5.8M	-15.9M	-13.5M	-7.4M	-3.4M	-24.3M	-20.4M	-5.2M	-8.5M	-17.3M	-12.7M	-2.8M
Pretax income	188.7M	176.6M	156.9M	226.5M	190.6M	158.9M	135.4M	217.5M	159.4M	112.8M	216.7M	240.9M
Income tax	47M	46.7M	40.5M	46.2M	47.1M	57.3M	45.2M	41.6M	45.1M	18.1M	38.4M	48.5M
Net income	152.1M	143M	126.9M	194.4M	156M	114.5M	102.5M	191.9M	126.4M	106.3M	192.7M	211.7M
Net margin	2.63%	2.45%	2.12%	3.23%	2.79%	2%	1.84%	3.18%	2.23%	1.78%	3.31%	3.41%
EBITDA	366.3M	355.7M	338.3M	407.3M	369.5M	344.7M	308.9M	391.1M	345.2M	293.7M	392.2M	415.7M
EPS	2.26	2.23	1.93	3.04	2.42	1.64	1.51	3.1	2.07	1.63	3.4	3.85
Diluted EPS	2.25	2.18	1.9	3.02	2.41	1.61	1.49	3.06	2.02	1.58	3.34	3.79

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	9.2B	11.8B	7.7B	8.3B	9.5B	10.9B	7.3B	8B	5.1B	5.8B	8B
Enterprise value	9.9B	12.3B	8.2B	9.2B	10.7B	12.3B	9B	9.8B	6.9B	7.7B	8.7B
Shares outstanding	69.4M	66.9M	62.9M	60.4M	60.1M	59.6M	59.1M	57M	53.6M	50.6M	50.6M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	8.83	8.56	6.2	9.98	40.8	23.6	17.9	12.5	8.57	11	11.4
P/S	0.5	0.58	0.37	0.42	0.56	0.57	0.35	0.34	0.22	0.25	0.34
P/B	2.88	2.75	1.77	1.84	2.07	2.27	1.52	1.59	1.1	1.12	1.17
EV/EBITDA	5.48	6.02	3.89	5.94	11.4	9.86	7.57	6.59	4.75	5.78	5.12
EV/Sales	0.53	0.6	0.39	0.47	0.63	0.64	0.43	0.42	0.3	0.33	0.37
Earnings yield	11.3%	11.7%	16.1%	10%	2.45%	4.23%	5.58%	8.03%	11.7%	9.08%	8.75%
FCF yield	11.9%	10.1%	14.3%	8.21%	2.21%	0.78%	5.23%	7.74%	11.1%	9.08%	10.7%
PEG	—	—	—	—	—	—	—	—	—	—	0.48

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	11.4%	11.2%	11%	8.77%	6.51%	7.23%	6.75%	7.29%	7.03%	6.47%	7.57%
Operating margin	7.87%	7.86%	7.82%	5.4%	2.66%	3.51%	3.13%	3.98%	3.81%	3.34%	4.15%
Net margin	5.61%	6.75%	5.89%	4.19%	1.37%	2.4%	1.96%	2.75%	2.54%	2.27%	2.35%
ROE	32.6%	32.2%	28.6%	18.5%	5.07%	9.6%	8.46%	12.8%	12.9%	10.1%	12.1%
ROA	10.5%	11.6%	10.7%	6.55%	1.77%	3.46%	2.97%	4.39%	4.22%	3.55%	4.4%
ROIC	27.4%	29.5%	27.3%	16.6%	5.43%	8.31%	7.46%	10.6%	10.2%	8.34%	9.78%
Return on tangible assets	14.7%	16.7%	14.8%	8.79%	2.37%	4.6%	3.91%	5.76%	5.57%	4.67%	5.27%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.35	1.36	1.4	1.37	1.33	1.42	1.35	1.35	1.32	1.35	1.31
Quick ratio	1.11	1.11	1.13	1.1	1.06	1.09	1.04	1.04	1.02	1.05	1.04
Debt / equity	0.61	0.46	0.45	0.54	0.53	0.57	0.57	0.58	0.63	0.56	0.66
Debt / assets	0.2	0.16	0.17	0.19	0.18	0.2	0.2	0.2	0.21	0.2	0.18
Net debt / EBITDA	0.37	0.23	0.22	0.61	1.2	1.12	1.38	1.16	1.28	1.41	1.21
Interest coverage	17.2	18.8	19.3	11.4	4.01	7.36	6.17	8.69	7.9	7.2	8.34
Effective tax rate	27.7%	12.9%	20.3%	15.3%	31.4%	23.6%	26.3%	23.3%	26.1%	24%	20.6%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	267.3	306.1	336	327.8	283.8	323.1	353.6	411.9	435	459.2	459.4
EPS (basic)	14	19.6	18.3	12.5	2.64	6.27	5.55	10	9.46	8.62	8.62
EPS (diluted)	13.3	18.6	17.2	12.5	2.62	6.19	5.47	9.68	8.97	8.15	10.7
Book value per share	46	64.2	69.3	74.5	76.8	80.6	81.8	88.8	85.9	102.7	104.6
FCF per share	15.7	17.8	17.5	11.3	3.51	1.43	6.49	10.9	10.5	10.4	16.7
Cash per share	18.3	22.4	23.7	24.6	21.8	22.1	18.9	21	19.7	20.4	20.4
Capex per share	7.61	8.89	10.8	9.99	7.53	9.81	10.8	11	10.4	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	2.85%	2.9%	3.2%	3.05%	2.65%	3.04%	3.05%	2.67%	2.4%	—	—
Capex / operating cash flow	34.6%	34.1%	35.4%	54.1%	69.9%	72.2%	73.9%	55.9%	45.8%	—	—
Payout ratio	8.53%	9.97%	14.9%	22.4%	28.8%	23.1%	45.4%	28.2%	29.4%	31.3%	28.7%
Dividend yield	0.97%	1.17%	2.41%	2.25%	0.7%	0.98%	2.53%	2.26%	3.42%	2.84%	2.56%

Yield

2.56%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.77

ex-dividend Sep 2, 2026

Payout ratio

29%

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Sep 2, 2026	$0.77
Jun 3, 2026	$0.77
Mar 5, 2026	$0.77

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$5.8B	$5.8B	$6B	$6B	$5.6B	$5.7B	$5.6B	$6B	$5.7B	$6B	$5.8B	$6.2B
YoY change	+10.3%	+8.76%	+2.55%	+0.22%	-3.4%	-2.17%	-7.24%	+0.3%	+1.71%	+4.79%	+4.72%	+2.97%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	1.3B	1.5B	1.5B	1.5B	1.3B	1.3B	1.1B	1.2B	1.1B	1B
Receivables	2.7B	3.2B	2.9B	3B	3.3B	3B	3.5B	3.7B	3.6B	3.9B
Inventory	1B	1.2B	1.2B	1.3B	1.4B	1.6B	1.6B	1.8B	1.6B	1.7B
Total current assets	5.6B	6.6B	6.3B	6.4B	6.8B	6.8B	7B	7.6B	7.2B	7.7B
Property, plant & equipment	1.4B	1.7B	1.8B	1.9B	1.9B	1.9B	2B	2.1B	1.9B	1.9B
Goodwill & intangibles	2.8B	3.7B	3.2B	3.2B	3.3B	3.3B	3.3B	3.5B	3.4B	3.6B
Total assets	9.9B	11.9B	11.6B	12.7B	13.2B	13.4B	13.8B	14.7B	14B	14.8B
Accounts payable	2.6B	3.2B	2.9B	2.8B	3.1B	3B	3.2B	3.4B	3.3B	3.4B
Short-term debt	44.2M	9M	22.8M	147.2M	130.5M	126.4M	157.5M	179.7M	181.5M	201M
Total current liabilities	4.2B	4.9B	4.5B	4.7B	5.1B	4.8B	5.2B	5.7B	5.4B	5.7B
Long-term debt	1.9B	2B	1.9B	2.3B	2.3B	2.6B	2.6B	2.7B	2.7B	2.7B
Total liabilities	6.7B	7.7B	7.2B	8.2B	8.6B	8.5B	8.9B	9.6B	9.4B	9.6B
Shareholders' equity	3.2B	4.3B	4.4B	4.5B	4.6B	4.8B	4.8B	5.1B	4.6B	5.2B
Total debt	1.9B	2B	2B	2.4B	2.4B	2.7B	2.7B	2.9B	2.9B	2.9B
Net debt	670.6M	460.1M	470.6M	953.2M	1.1B	1.4B	1.6B	1.7B	1.9B	1.9B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	979.7M	1.2B	930.4M	950.3M	763.9M	1.1B	779.9M	887.9M	1B	1B	881.9M	1B
Receivables	4B	3.7B	4.2B	4.2B	4.3B	3.6B	4.2B	4.5B	4.2B	3.9B	4.2B	4.2B
Inventory	1.8B	1.8B	1.7B	1.7B	1.8B	1.6B	1.7B	1.7B	1.8B	1.7B	1.8B	1.7B
Total current assets	7.7B	7.6B	7.9B	7.8B	7.8B	7.2B	7.7B	8.2B	8B	7.7B	8.3B	8.4B
Property, plant & equipment	2B	2.1B	2B	2B	2B	1.9B	1.9B	2B	1.9B	1.9B	1.8B	1.9B
Goodwill & intangibles	3.4B	3.5B	3.4B	3.4B	3.5B	3.4B	3.4B	3.5B	3.5B	3.6B	3.6B	3.6B
Total assets	14.6B	14.7B	14.9B	14.7B	14.8B	14B	14.6B	15.3B	15.2B	14.8B	15.5B	15.7B
Accounts payable	3.6B	3.4B	3.7B	3.6B	3.5B	3.3B	3.6B	3.7B	3.6B	3.4B	3.8B	3.9B
Short-term debt	27M	179.7M	27.3M	27.1M	30.1M	181.5M	29M	30.8M	31M	201M	32.1M	32.8M
Total current liabilities	5.7B	5.7B	5.9B	5.8B	5.9B	5.4B	5.8B	6.1B	5.9B	5.7B	6.2B	6.4B
Long-term debt	2.7B	2.7B	2.7B	2.7B	2.8B	2.7B	2.7B	2.8B	2.8B	2.7B	2.7B	2.7B
Total liabilities	9.6B	9.6B	9.9B	9.8B	9.9B	9.4B	9.8B	10.1B	9.9B	9.6B	10.2B	10.3B
Shareholders' equity	5B	5.1B	5B	4.9B	4.9B	4.6B	4.8B	5.2B	5.2B	5.2B	5.3B	5.3B
Total debt	2.8B	2.9B	2.8B	2.8B	2.8B	2.9B	2.8B	2.8B	2.8B	2.9B	2.7B	2.7B
Net debt	1.8B	1.7B	1.8B	1.8B	2B	1.9B	2B	1.9B	1.8B	1.9B	1.9B	1.7B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	1B	1.4B	1.2B	830.7M	233.9M	461.6M	408.7M	645.7M	591.8M	527.1M
Depreciation & amortization	378.2M	427.7M	484.4M	509.9M	539.9M	573.9M	576.5M	604.4M	620.7M	604.1M
Stock-based compensation	68.2M	70.2M	41.4M	23.3M	40M	60.3M	52M	67.5M	64.4M	66.2M
Change in working capital	-63.7M	-41.3M	13.7M	-228.3M	-123.6M	-253.4M	-163.4M	-122.4M	-37.2M	5M
Operating cash flow	1.5B	1.7B	1.9B	1.1B	647.1M	810.1M	863.2M	1.1B	1.2B	1.1B
Capital expenditure	-528.3M	-594.5M	-677M	-603.9M	-452.3M	-585.1M	-638.2M	-626.5M	-558.7M	—
Investing cash flow	-637.1M	-868.6M	-693.5M	-922.4M	-468.8M	-646.7M	-830.3M	-761.5M	-543M	44.8M
Dividends paid	-88.8M	-137.7M	-186.3M	-186.3M	-67.3M	-106.7M	-185.5M	-181.9M	-173.7M	-164.8M
Share repurchases	-658.8M	-450.5M	-704.9M	-384.7M	-70M	-100.3M	-100.3M	-296.5M	-416.7M	-325.2M
Financing cash flow	-872.9M	-742M	-1B	-361.9M	-1.4B	-13.6M	-387.3M	-419.5M	-693.9M	-618.5M
Net change in cash	16M	131.2M	187.8M	-167.2M	-1.3B	149.8M	-354.4M	-60.3M	-17.6M	515.1M
Free cash flow	1.1B	1.2B	1.1B	680.4M	210.8M	85M	383.2M	622.8M	561.4M	527.2M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	152.1M	143M	126.9M	194.4M	156M	114.5M	102.5M	191.9M	126.4M	106.3M	192.7M	211.7M
Depreciation & amortization	151.9M	154.1M	155.3M	153.9M	152.4M	159.1M	147.7M	148.2M	152.3M	155.9M	149.9M	150.6M
Stock-based compensation	—	—	—	—	—	—	—	—	—	—	—	—
Change in working capital	-5.1M	348.4M	-256.2M	-135.3M	-203.6M	532.7M	-301.5M	-135.7M	164.9M	230M	-6.9M	128M
Operating cash flow	340.2M	583.9M	42.1M	230.7M	131.6M	782.2M	-24.7M	237.7M	444.4M	475.9M	98.1M	460.5M
Capital expenditure	-153.2M	-193.2M	-113.6M	-120.8M	-132.2M	-192.1M	-104M	-125.4M	—	—	—	—
Investing cash flow	-153.2M	-158.4M	-110.9M	-118.2M	-137.2M	-175.1M	-67M	-122.8M	1.6M	3.6M	5.9M	10.3M
Dividends paid	-45.2M	-44.6M	-45.5M	-43.6M	-42.8M	-41.8M	-43.3M	-41.2M	-40.9M	-39.4M	-42.5M	-38.7M
Share repurchases	-84.7M	-158.5M	-44.6M	-62.2M	-204M	-105.9M	-25M	-22.5M	-102.6M	-175.1M	-75M	-100M
Financing cash flow	-159.9M	-211.7M	-103.9M	-147.1M	-255.3M	-137.6M	-84M	-75.4M	-189.4M	-219.7M	-137.6M	-182.4M
Net change in cash	27.1M	213.8M	-172.7M	-34.6M	-260.9M	469.5M	-175.7M	39.5M	256.6M	259.8M	-33.6M	288.4M
Free cash flow	250.6M	376.5M	-148.2M	170.4M	50.5M	488.7M	-231.7M	170.8M	307M	281.1M	-26.5M	287.8M

Lear Corporation Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history