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LE

Lear Corporation

LEAConsumer CyclicalNASDAQ

Auto Parts

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Financials · Annual
Revenue
$23.26B
-0.2% YoY
Net Income
$436.8M
-13.8% YoY
EBITDA
$1.33B
-8.9% YoY
Free Cash Flow
$613.3M

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About Lear Corporation

Lear Corporation designs, develops, engineers, manufactures, assembles, and supplies automotive seating, and electrical distribution systems and related components for automotive original equipment. At a $7.17B market cap, Lear Corporation ranks as a mid-cap company within consumer cyclical. Its Seating segment offers seat systems, keyseat components, seat trim covers, seat mechanisms, thermal comfort systems such as seat heating, ventilation, active cooling, pneumatic lumbar and massage products, seat cushioning, and headrests, as well as surface materials, such as leather and fabric for light trucks, compact cars, pick-up trucks, and sport utility vehicles.

Key stats
Market Cap$7.17B
P/E (TTM)14.31
Fwd P/E8.26
EPS$10.00
Beta1.22
52W Change+63.6%
Dividend Yield2.15%
ROE12.2%
Analysis

The company holds $886.9M in cash, though total debt stands at $3.52B. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. Free cash flow comes in at $613.3M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. ROE of 12.2% points to decent capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 4.4% is on the lower side, which is common in asset-heavy industries. Revenue has been uneven over recent years, ranging from $20.89B to $23.26B.

Investors considering Lear Corporation should weigh the typical risks associated with LEA's sector, size, and financial profile against their own risk tolerance and investment objectives. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Lear Corporation and its sector.

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