Lear Corporation (LEA)

Lear Corporation Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	23,259	23,306	23,467	20,892	19,263
Revenue Growth (YoY)	-0.20%	-0.69%	12.33%	8.45%	13.01%
Cost of Revenue	21,755	21,529	21,624	19,360	17,788
Gross Profit	1,504	1,777	1,843	1,532	1,475
Selling, General & Admin	707.6	676.1	695.1	643.1	604.04
Amortization of Goodwill & Intangibles	19.5	49.1	60.6	61.9	64.8
Other Operating Expenses	45.9	22.4	33.3	24.6	9.56
Operating Expenses	773	747.6	789	729.6	678.4
Operating Income	731.4	1,029	1,054	802.4	796.8
Interest Expense	-100.8	-106.2	-101.1	-98.6	-91.8
Earnings From Equity Investments	52	50	49.3	33.1	15.8
Currency Exchange Gain (Loss)	-	-21.4	-53	-30.4	-24.8
EBT Excluding Unusual Items	682.6	951.6	949.2	706.5	696
Merger & Restructuring Charges	-	-139.9	-133.7	-164.2	-100.9
Gain (Loss) on Sale of Assets	-2.7	-24.4	11.3	-	-
Asset Writedown	-	-4.4	-8.2	-14.6	-16.2
Legal Settlements	-	-	-	-	45
Other Unusual Items	-2.8	-	-	-	-24.6
Pretax Income	677.1	782.9	826.5	542.4	599.3
Income Tax Expense	150	191.1	180.8	133.7	137.7
Earnings From Continuing Operations	527.1	591.8	645.7	408.7	461.6
Minority Interest in Earnings	-90.3	-85.2	-73.2	-81	-87.7
Net Income	436.8	506.6	572.5	327.7	373.9
Net Income to Common	436.8	506.6	572.5	327.7	373.9
Net Income Growth	-13.78%	-11.51%	74.70%	-12.36%	135.90%
Shares Outstanding (Basic)	54	56	59	60	60
Shares Outstanding (Diluted)	54	56	59	60	60
Shares Change (YoY)	-5.09%	-4.47%	-1.34%	-0.83%	-0.02%
EPS (Basic)	8.15	9.02	9.73	5.49	6.22
EPS (Diluted)	8.15	8.97	9.68	5.47	6.19
EPS Growth	-9.15%	-7.33%	76.96%	-11.63%	136.26%
Free Cash Flow	-	561.4	622.8	383.2	85
Free Cash Flow Per Share	-	9.94	10.54	6.39	1.41
Dividend Per Share	3.080	3.080	3.080	3.080	1.770
Dividend Growth	-	-	-	74.01%	73.53%
Gross Margin	6.47%	7.62%	7.85%	7.33%	7.66%
Operating Margin	3.15%	4.42%	4.49%	3.84%	4.14%
Profit Margin	1.88%	2.17%	2.44%	1.57%	1.94%
Free Cash Flow Margin	-	2.41%	2.65%	1.83%	0.44%
EBITDA	1,329	1,650	1,657	1,370	1,362
EBITDA Margin	5.71%	7.08%	7.06%	6.56%	7.07%
D&A For EBITDA	597.6	620.7	602.5	567.6	565.4
EBIT	731.4	1,029	1,054	802.4	796.8
EBIT Margin	3.15%	4.42%	4.49%	3.84%	4.14%
Effective Tax Rate	22.15%	24.41%	21.88%	24.65%	22.98%

Updated Feb 4, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q