Lear Corporation (LEA)

Lear Corporation Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	23,616	23,467	20,892	19,263	17,046	19,810
Revenue Growth (YoY)	9.70%	12.33%	8.45%	13.01%	-13.96%	-6.33%
Cost of Revenue	21,938	21,757	19,482	17,871	15,937	18,073
Gross Profit	1,679	1,710	1,410	1,392	1,109	1,738
Selling, General & Admin	724.4	714.7	684.8	643.2	588.9	605
Other Operating Expenses	61.7	62.5	70.8	73.3	65.9	62.3
Operating Expenses	786.1	777.2	755.6	716.5	654.8	667.3
Operating Income	892.4	933.2	654.3	675.4	454.1	1,070
Interest Expense / Income	103	101.1	98.6	91.8	99.6	92
Other Expense / Income	75.2	78.8	94.3	72	102.1	78.5
Pretax Income	714.2	753.3	461.4	511.6	252.4	899.7
Income Tax	175.7	180.8	133.7	137.7	93.9	146.1
Net Income	538.5	572.5	327.7	373.9	158.5	753.6
Net Income Growth	27.64%	74.70%	-12.36%	135.90%	-78.97%	-34.46%
Shares Outstanding (Basic)	57	59	60	60	60	62
Shares Outstanding (Diluted)	58	59	60	60	60	62
Shares Change	-3.34%	-1.34%	-0.83%	-0.02%	-2.41%	-6.41%
EPS (Basic)	9.21	9.73	5.49	6.22	2.63	12.80
EPS (Diluted)	9.17	9.68	5.47	6.19	2.62	12.75
EPS Growth	29.89%	76.97%	-11.63%	136.26%	-79.45%	-25.96%
Free Cash Flow	622	622.8	383.2	85	210.8	680.4
Free Cash Flow Per Share	10.86	10.59	6.42	1.42	3.50	11.03
Dividend Per Share	3.080	3.080	3.080	1.770	1.020	3.000
Dividend Growth	0%	0%	74.01%	73.53%	-66.00%	7.14%
Gross Margin	7.11%	7.29%	6.75%	7.23%	6.51%	8.77%
Operating Margin	3.78%	3.98%	3.13%	3.51%	2.66%	5.40%
Profit Margin	2.28%	2.44%	1.57%	1.94%	0.93%	3.80%
Free Cash Flow Margin	2.63%	2.65%	1.83%	0.44%	1.24%	3.43%
Effective Tax Rate	24.60%	24.00%	28.98%	26.92%	37.20%	16.24%
EBITDA	1,430	1,459	1,137	1,177	891.9	1,502
EBITDA Margin	6.05%	6.22%	5.44%	6.11%	5.23%	7.58%
Depreciation & Amortization	612.5	604.4	576.5	573.9	539.9	509.9
EBIT	817.2	854.4	560	603.4	352	991.7
EBIT Margin	3.46%	3.64%	2.68%	3.13%	2.07%	5.01%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).