LEANYSEMotor Vehicle Parts & AccessoriesFiscal year ends December 31
LEAR CORP
Financials through Q2 FY2026, quarter ended Jul 4, 2026Last filing: 10-Q on Jul 31, 2026
$119.76−0.25 (-0.21%)
Close on Oct 19, 2026
- Market cap
- $6.09B
- P/E (TTM)
- 11.2
- Dividend yield
- 0.64%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
6.5%−0.0 pts over 5 years
Operating margin
3.3%+0.7 pts over 5 years
Net margin
1.9%+0.9 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -0.2% | +3.6% | +6.4% | +2.5% | |
| Gross profit | -8.2% | +2.2% | +6.3% | -1.9% | |
| Operating income | -12.4% | +5.9% | +11.3% | -4.1% | |
| Net income | -13.8% | +10.1% | +22.5% | -5.2% | |
| EPS, diluted | -9.1% | +14.2% | +25.5% | -1.6% | |
| Free cash flow | -6.1% | +11.2% | +20.1% | -3.9% | |
| Dividend per share | 0.0% | 0.0% | – | +11.9% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 32.6% | 3.6% | 9.2% | |
| Return on assets | 10.1% | 1.2% | 3.0% | |
| Current ratio | 1.35 | 1.33 | 1.35 | |
| Debt to equity | 0.64 | 0.52 | 0.54 | |
| Net debt to EBITDA | 0.36× | 1.01× | 1.24× | |
| Interest coverage | 17.7× | 4.6× | 7.7× | |
| Inventory turnover | 16.7× | 12.0× | 13.2× | |
| Capex to revenue | 2.8% | 2.7% | 2.4% | |
| Diluted shares | 73M | 60M | 54M |
Where the cash went
Fiscal 2021 to 2025, five years combined
LEAR generated $5.15B from operations and spent $5.02B on capital expenditure, dividends and share buybacks. 59% of that went back into the business.
Generated
$5.15B
Used
$5.02B
Capital expenditure$2.97B59%Dividends$812.60M16%Share buybacks$1.24B25%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin1.9%
×Asset turnover1.61×
×Equity multiplier3.04×
=Return on equity, FY20259.2%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 1.9% | 1.61× | 3.04× | 9.2% |
| FY2024 | 2.2% | 1.62× | 3.07× | 10.8% |
| FY2023 | 2.4% | 1.65× | 2.97× | 11.9% |
| FY2022 | 1.6% | 1.54× | 2.91× | 7.0% |
| FY2021 | 1.9% | 1.45× | 2.91× | 8.2% |
| FY2020 | 0.9% | 1.32× | 2.94× | 3.6% |
| FY2019 | 3.8% | 1.63× | 2.84× | 17.6% |
| FY2018 | 5.4% | 1.80× | 2.82× | 27.5% |
| FY2017 | 6.4% | 1.87× | 3.03× | 36.4% |
| FY2016 | 5.3% | 1.92× | 3.23× | 32.6% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
7of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$436.80M
- Cash generatingOperating cash flow above zero$1.09B
- Return on assets improvedROA up on the prior year3.4% → 3.1%
- Earnings backed by cashOperating cash flow above net income$1.09B vs $436.80M
- Less leverageLong-term debt to assets fell19.5% → 18.3%
- Better liquidityCurrent ratio rose1.32 → 1.35
- No dilutionShare count did not rise56M → 54M
- Gross margin improvedGross margin up on the prior year7.03% → 6.47%
- More efficientAsset turnover rose1.59 → 1.66