Financials · LEA

Lear Corporation (LEA) financials

For the twelve months ended Oct 3, 2026, Lear Corporation reported $23.79B of revenue and $584.40M of net income.

Revenue, TTM
$23.79B
Revenue growth, YoY
+3.5%
Net income, TTM
$584.40M
Net income growth, YoY
+32.2%
Net margin
2.5%
Free cash flow, TTM
$700.80M
EPS, diluted, TTM
$11.45
EPS growth, YoY
+39.5%
Cash
$889.40M
Total debt
$2.10B
P/E
9.09
P/S
0.22
Market cap
$5.31B
Annual revenue$23.26B
FY2016FY2025
Annual net income$436.80M
FY2016FY2025
Annual free cash flow$527.20M
FY2016FY2025

LEA revenue and earnings growth

LEA revenueQ3 2026$5.77B

Quarter YoY
+1.6%
QoQ
-7.0%
FY YoY
-0.2%
5Y CAGR
+6.4%

LEA revenue was $5.77B in fiscal Q3 2026 (ended Oct 3, 2026), up 1.6% from a year earlier and down 7.0% from the prior quarter. For the full fiscal 2025 it was $23.26B, down 0.2% from fiscal 2024. Compound annual growth was +6.4% over 5 years. It rose in 5 of the last 9 fiscal years.

LEA net incomeQ3 2026$136.60M

Quarter YoY
+26.2%
QoQ
-29.1%
FY YoY
-13.8%
5Y CAGR
+22.5%
10Y CAGR
-5.2%

LEA net income was $136.60M in fiscal Q3 2026 (ended Oct 3, 2026), up 26.2% from a year earlier and down 29.1% from the prior quarter. For the full fiscal 2025 it was $436.80M, down 13.8% from fiscal 2024. Compound annual growth was +22.5% over 5 years and -5.2% over 10 years. It rose in 4 of the last 10 fiscal years.

LEA EPSQ3 2026$2.74

Quarter YoY
+35.6%
QoQ
-27.7%
FY YoY
-9.1%
5Y CAGR
+25.5%
10Y CAGR
-1.6%

LEA diluted EPS was $2.74 in fiscal Q3 2026 (ended Oct 3, 2026), up 35.6% from a year earlier and down 27.7% from the prior quarter. For the full fiscal 2025 it was $8.15, down 9.1% from fiscal 2024. Compound annual growth was +25.5% over 5 years and -1.6% over 10 years.

LEA free cash flowQ3 2026$158.40M

Quarter YoY
-48.4%
QoQ
-45.0%
FY YoY
-6.1%
5Y CAGR
+20.1%
10Y CAGR
-3.9%

LEA free cash flow was $158.40M in fiscal Q3 2026 (ended Oct 3, 2026), down 48.4% from a year earlier and down 45.0% from the prior quarter. For the full fiscal 2025 it was $527.20M, down 6.1% from fiscal 2024. Compound annual growth was +20.1% over 5 years and -3.9% over 10 years. It rose in 4 of the last 10 fiscal years.

Export CSV

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue$23.26B$23.31B$23.47B$20.89B$19.26B$17.05B$19.81B$21.15B$20.47B$18.56B
Cost of revenue$21.75B$21.67B$21.76B$19.48B$17.87B$15.94B$18.07B$18.83B$18.18B$16.43B
Gross profit$1.50B$1.64B$1.71B$1.41B$1.39B$1.11B$1.74B$2.32B$2.29B$2.12B
Research and development------$151.20M$153.50M$147.90M$143.70M
Selling, general and admin$707.60M$702.50M$714.70M$684.80M$643.20M$588.90M$605.00M$612.80M$635.20M$608.20M
Operating income$777.30M$887.70M$933.20M$654.30M$675.40M$454.10M$1.07B$1.65B$1.61B$1.46B
Interest expense$100.80M$106.20M$101.10M$98.60M$91.80M$99.60M$92.00M$84.10M$85.70M$82.50M
Pre-tax income$625.10M$732.90M$777.20M$509.30M$583.50M$299.30M$953.60M$1.54B$1.53B$1.34B
Income tax$150.00M$191.10M$180.80M$133.70M$137.70M$93.90M$146.10M$311.90M$197.50M$370.20M
Net income$436.80M$506.60M$572.50M$327.70M$373.90M$158.50M$753.60M$1.15B$1.31B$975.10M
EPS, basic$8.22$9.02$9.73$5.49$6.22$2.63$12.80$17.35$18.79$13.48
EPS, diluted$8.15$8.97$9.68$5.47$6.19$2.62$12.75$17.22$18.59$13.33
Diluted shares53.6M56.5M59.1M59.9M60.4M60.4M61.9M66.2M69.3M73.1M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalents$1.03B$1.06B$1.20B$1.12B$1.32B$1.31B$1.51B$1.52B$1.50B$1.27B
Short-term investments---$3.60M$3.50M$9.30M$17.10M$4.80M$3.20M-
Receivables$3.90B$3.59B$3.68B$3.45B$3.04B$3.27B$2.98B$2.88B$3.23B$2.75B
Inventory$1.69B$1.60B$1.76B$1.57B$1.57B$1.40B$1.26B$1.20B$1.21B$1.02B
Current assets$7.66B$7.18B$7.64B$6.99B$6.77B$6.78B$6.41B$6.28B$6.61B$5.65B
Goodwill$1.78B$1.70B$1.74B$1.66B$1.66B$1.66B$1.61B$1.41B$1.40B$1.12B
Total assets$14.84B$14.03B$14.70B$13.76B$13.35B$13.20B$12.68B$11.60B$11.95B$9.90B
Current liabilities$5.67B$5.45B$5.67B$5.19B$4.76B$5.08B$4.67B$4.50B$4.85B$4.18B
Short-term debt$27.90M$26.70M$27.50M$9.90M$0$0$14.10M$9.90M$0$8.60M
Long-term debt$2.71B$2.73B$2.74B$2.59B$2.60B$2.30B$2.29B$1.94B$1.95B$1.90B
Total debt$2.74B$2.76B$2.77B$2.60B$2.60B$2.30B$2.31B$1.95B$1.95B$1.91B
Total liabilities$9.64B$9.43B$9.63B$8.93B$8.54B$8.58B$8.18B$7.24B$7.65B$6.71B
Shareholders' equity$5.04B$4.60B$5.06B$4.83B$4.81B$4.61B$4.50B$4.36B$4.29B$3.19B

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flow$1.09B$1.12B$1.25B$1.02B$670.10M$663.10M$1.28B$1.78B$1.78B$1.62B
Capital expenditures$561.60M$558.70M$626.50M$638.20M$585.10M$452.30M$603.90M$677.00M$594.50M$528.30M
Free cash flow$527.20M$561.40M$622.80M$383.20M$85.00M$210.80M$680.40M$1.10B$1.19B$1.09B
Investing cash flow-$516.80M-$543.00M-$761.50M-$830.30M-$646.70M-$468.80M-$922.40M-$693.50M-$868.60M-$637.10M
Financing cash flow-$618.50M-$693.90M-$419.50M-$387.30M-$13.60M-$411.70M-$361.90M-$1.03B-$742.00M-$872.90M
Dividends paid$164.80M$173.70M$181.90M$185.50M$106.70M$67.30M$186.30M$186.30M$137.70M$88.80M
Share repurchases$325.20M$416.70M$296.50M$100.30M$100.30M$70.00M$384.70M$704.90M$450.50M$658.80M
Stock-based compensation$66.20M$64.40M$67.50M$52.00M$60.30M$40.00M$23.30M$41.40M$70.20M$68.20M
Depreciation and amortization$604.10M$620.70M$604.40M$576.50M$573.90M$539.90M$509.90M$484.40M$427.70M$378.20M

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY-0.2%-0.7%12.3%8.5%13.0%-14.0%-6.3%3.3%10.3%-
Net income growth, YoY-13.8%-11.5%74.7%-12.4%135.9%-79.0%-34.5%-12.5%34.7%30.8%
EPS growth, YoY-9.1%-7.3%77.0%-11.6%136.3%-79.5%-26.0%-7.4%39.5%39.0%
Gross margin6.5%7.0%7.3%6.7%7.2%6.5%8.8%11.0%11.2%11.4%
Operating margin3.3%3.8%4.0%3.1%3.5%2.7%5.4%7.8%7.9%7.9%
Net margin1.9%2.2%2.4%1.6%1.9%0.9%3.8%5.4%6.4%5.3%
Free cash flow margin2.3%2.4%2.7%1.8%0.4%1.2%3.4%5.2%5.8%5.9%
Return on equity8.7%11.0%11.3%6.8%7.8%3.4%16.7%26.4%30.6%30.5%
Return on assets2.9%3.6%3.9%2.4%2.8%1.2%5.9%9.9%11.0%9.8%
Current ratio1.351.321.351.351.421.331.371.401.361.35
Debt to equity0.540.600.550.540.540.500.510.450.450.60

Source: XBRL data Lear Corporation files with the SEC, latest filing dated Oct 30, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

LEA peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
LEA$23.79B+3.5%$584.40M2.5%$5.31B
TT$23.23B+10.3%$3.16B13.6%$87.94B
MGA$42.01B-1.9%$829.00M2.0%$16.00B
BWA$14.24B+0.4%$478.00M3.4%$9.80B
ALSN$5.24B+70.8%$583.00M11.1%$9.60B
ALV$11.07B+4.3%$624.00M5.6%$8.89B
APTV$16.71B+4.1%$769.00M4.6%$7.98B
MOD$3.63B+35.1%$130.20M3.6%$5.14B
GNTX$2.62B+7.7%$396.67M15.1%$4.19B

LEA FAQ

9 questions
  • What is LEA revenue?
    Lear Corporation (LEA) reported $23.79B of revenue for the twelve months ended Oct 3, 2026. That is up 3.5% from the year before. Revenue for fiscal 2025 was $23.26B.
  • Is LEA profitable?
    Yes. Lear Corporation earned $584.40M in net income for the twelve months ended Oct 3, 2026, a net margin of 2.5%.
  • How much cash and debt does LEA have?
    Lear Corporation reported $889.40M in cash and cash equivalents and $2.10B of debt on its most recent balance sheet in SEC filings.
  • How fast is LEA revenue growing?
    Lear Corporation's revenue changed -0.2% in fiscal 2025, to $23.26B. Its compound annual growth rate was +6.4% over 5 years.
  • What is LEA gross margin?
    Lear Corporation's gross profit was $1.65B on $23.79B of revenue for the twelve months ended Oct 3, 2026, a gross margin of 6.9%.
  • What is LEA free cash flow?
    Lear Corporation generated $700.80M of free cash flow for the twelve months ended Oct 3, 2026, which is operating cash flow of $1.36B less capital expenditures.
  • What is LEA earnings per share?
    Diluted earnings per share were $11.45 for the twelve months ended Oct 3, 2026, from SEC filings, restated for any stock split those filings show.
  • When did LEA last report financial results?
    The latest statements here come from Lear Corporation's 10-Q filed on Oct 30, 2026, covering the period ended Oct 3, 2026.
  • Where does this LEA financial data come from?
    Quantisnow builds these statements from the structured XBRL data Lear Corporation files with the SEC. It is provided for information only and is not investment advice.