Grufity logoGrufity logo
ScreenerStocksFundsSectorsWatchlists
LEA

Lear Corp

LEA

135.34USD-3.21 (-2.32%)Market Closed
Watchlist

Market Summary

USD135.34-3.21
Market Closed
-2.32%

LEA Alerts

  • Big jump in Earnings (Y/Y)

LEA Stock Price

View Fullscreen

LEA RSI Chart

LEA Valuation

Market Cap

8.0B

Price/Earnings (Trailing)

14.13

Price/Sales (Trailing)

0.35

EV/EBITDA

6.63

Price/Free Cashflow

13.52

LEA Price/Sales (Trailing)

LEA Profitability

EBT Margin

2.94%

Return on Equity

8.69%

Return on Assets

2.93%

Free Cashflow Yield

7.4%

LEA Fundamentals

LEA Revenue

Revenue (TTM)

23.0B

Revenue Y/Y

10.3%

Revenue Q/Q

-3.64%

LEA Earnings

Earnings (TTM)

562.7M

Earnings Y/Y

43.99%

Earnings Q/Q

-21.22%

Price Action

Last 7 days

1.2%

Last 30 days

3.7%

Last 90 days

-4.0%

Trailing 12 Months

3.3%

How does LEA drawdown profile look like?

LEA Financial Health

Current Ratio

1.35

Debt/Equity

0.53

Debt/Cashflow

0.3

LEA Investor Care

Dividend Yield

2.28%

Dividend/Share (TTM)

3.08

Buy Backs (1Y)

1.32%

Diluted EPS (TTM)

9.47

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202321.5B22.5B23.0B0
202219.1B19.4B20.4B20.9B
202117.9B20.3B19.6B19.3B
202019.1B16.5B16.6B17.0B
201920.6B20.0B19.9B19.8B
201821.2B21.7B21.6B21.1B
201718.9B19.3B19.7B20.5B
201618.4B18.4B18.6B18.6B
201517.9B17.9B18.0B18.2B
201416.6B17.1B17.4B17.7B
201314.9B15.3B15.7B16.2B
201214.3B14.3B14.4B14.6B
201112.5B13.2B13.8B14.2B
20100010.4B12.0B
20090000

Latest Insider Trading transactions for LEA

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Oct 01, 2023
ligocki kathleen
acquired
-
-
53.00
-
Sep 03, 2023
esposito carl a.
acquired
-
-
18,299
svp & president e-systems
Sep 03, 2023
esposito carl a.
sold (taxes)
-1,159,370
145
-7,942
svp & president e-systems
Aug 04, 2023
esposito carl a.
sold
-1,598,050
155
-10,310
svp & president e-systems
Aug 03, 2023
orsini frank c
sold
-1,916,420
155
-12,332
evp & president, seating
Aug 03, 2023
cardew jason m
sold
-416,830
151
-2,750
sr. vp & cfo
Jul 01, 2023
ligocki kathleen
acquired
-
-
53.00
-
Jun 16, 2023
scott raymond e
sold
-2,390,470
142
-16,740
president and ceo
May 23, 2023
mallett conrad l jr
sold
-41,599
126
-330
-
May 19, 2023
smith greg c
sold
-277,464
124
-2,221
-

1–10 of 50

Which funds bought or sold LEA recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Dec 06, 2023
CITIGROUP INC
reduced
-10.96
-636,045
3,158,310
-%
Dec 01, 2023
PFS Partners, LLC
unchanged
-
-935
13,420
0.01%
Nov 30, 2023
Neo Ivy Capital Management
added
6,008
386,000
393,000
0.17%
Nov 27, 2023
TRUST CO OF VERMONT
unchanged
-
-1,403
20,130
-%
Nov 24, 2023
DEUTSCHE BANK AG\
reduced
-74.26
-47,622,800
15,089,800
0.01%
Nov 22, 2023
KBC Group NV
unchanged
-
-
12,868,000
0.05%
Nov 22, 2023
Graham Capital Management, L.P.
sold off
-100
-893,598
-
-%
Nov 21, 2023
Walleye Capital LLC
added
1,027
5,832,250
6,443,340
0.02%
Nov 21, 2023
COMERICA BANK
new
-
6,979,680
6,979,680
0.04%
Nov 21, 2023
Walleye Trading LLC
added
1,098
1,146,930
1,259,330
-%

1–10 of 40

Latest Funds Activity

Are funds buying LEA calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own LEA
No. of Funds

Schedule 13G FIlings of Lear Corp

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Aug 10, 2023
vanguard group inc
10.07%
5,915,722
SC 13G/A
Feb 14, 2023
harris associates l p
2.7%
1,622,426
SC 13G/A
Feb 09, 2023
vanguard group inc
9.62%
5,687,817
SC 13G/A
Jan 26, 2023
blackrock inc.
14.5%
8,565,052
SC 13G/A
Jan 20, 2023
blackrock inc.
14.5%
8,565,052
SC 13G/A
Jan 20, 2023
pzena investment management llc
11.61%
6,865,532
SC 13G/A
Apr 06, 2022
pzena investment management llc
10.49%
6,265,529
SC 13G/A
Feb 11, 2022
harris associates l p
5.7%
3,403,233
SC 13G/A
Feb 10, 2022
vanguard group inc
9.23%
5,499,875
SC 13G/A
Feb 09, 2022
fmr llc
-
0
SC 13G/A

Recent SEC filings of Lear Corp

View All Filings
Date Filed Form Type Document
Nov 21, 2023
8-K
Current Report
Nov 16, 2023
8-K
Current Report
Nov 15, 2023
4
Insider Trading
Nov 15, 2023
4
Insider Trading
Nov 15, 2023
4
Insider Trading
Nov 15, 2023
4
Insider Trading
Nov 15, 2023
4
Insider Trading
Nov 15, 2023
4
Insider Trading
Nov 15, 2023
4
Insider Trading
Nov 15, 2023
4
Insider Trading

LEA Fair Value

Loading...

Peers (Alternatives to Lear Corp)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
771.4B
95.9B
9.21% 39.42%
71.71
8.04
28.13% -3.88%
46.0B
172.0B
17.92% -11.54%
4.59
0.27
16.82% 5.03%
43.3B
174.2B
6.29% -12.33%
7.14
0.25
14.82% -32.67%
22.9B
-
6.76% -17.33%
10.02
6.77
44.99% 506.91%
10.6B
27.0B
3.93% 2.70%
23.39
0.39
-19.84% -43.83%
MID-CAP
7.7B
16.4B
1.29% -19.47%
10.63
0.47
7.05% -11.25%
4.4B
14.7B
6.35% 20.43%
4.93
0.3
2.19% 14.73%
4.3B
3.0B
5.16% 25.30%
8.04
1.54
10.50% 26.77%
4.0B
20.3B
8.93% 31.74%
-7.97
0.2
-0.79% -158.21%
3.1B
15.3B
-7.39% -4.19%
26.84
0.2
15.66% -85.53%
SMALL-CAP
888.8M
6.0B
12.28% -18.12%
-1.5K
0.15
6.46% -114.63%
682.6M
1.1B
16.76% 67.19%
-38.13
0.63
47.93% 28.54%
110.8M
546.0M
6.38% -42.92%
3.56
0.2
1.19% 42.73%
102.2M
10.7M
-6.98% -79.06%
-0.87
8.08
271.05% 50.02%
10.8M
949.9K
22.22% -50.97%
-0.35
11.33
-70.27% -28.13%

Lear Corp News

Latest updates
Nasdaq • 07 Dec 2023 • 03:00 pm • 14 hours ago
finanznachrichten.de • 05 Dec 2023 • 09:15 pm • 2 days ago
Nasdaq • 04 Dec 2023 • 04:21 pm • 3 days ago
Nasdaq • 01 Dec 2023 • 03:30 pm • 6 days ago
Nasdaq • 07 Nov 2023 • 08:00 am • 30 days ago
Morningstar • 01 Nov 2023 • 07:00 am • 36 days ago
Nasdaq • 31 Oct 2023 • 07:00 am • 37 days ago
GuruFocus.com • 30 Oct 2023 • 07:00 am • 38 days ago
Yahoo Finance • 25 Oct 2023 • 07:00 am • 43 days ago
Nasdaq • 24 Oct 2023 • 07:00 am • 44 days ago
Nasdaq • 23 Oct 2023 • 07:00 am • 45 days ago
Morningstar • 22 Sep 2023 • 07:00 am • 2 months ago
Morningstar • 13 Sep 2023 • 07:00 am • 2 months ago
Fast Company • 12 Sep 2023 • 07:00 am • 2 months ago
Business Insider • 24 Aug 2023 • 07:00 am • 3 months ago

Financials for Lear Corp

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue-3.6%5,7815,9995,8465,3715,2415,0715,2084,8804,2684,7615,3545,2434,9002,4454,4584,8184,8255,0085,1604,9424,892
Gross Profit------------459443-127334327459478473--
  S&GA Expenses-0.2%183183177172164171177140163171169147148151144158142157148150150
EBITDA Margin---0.06*0.06*0.05*0.05*0.06*0.06*0.07*0.08*0.06*0.06*0.05*0.05*0.07*------
Interest Expenses-1.9%26.0026.0024.0024.0025.0025.0025.0025.0023.0022.0022.0022.0027.0027.0024.0023.0024.0025.0021.0021.0021.00
Income Taxes13.3%47.0042.0046.0048.0042.0024.0020.0019.0021.0039.0059.0064.0045.00-41.0027.00-3.8034.0073.0043.0079.0058.00
Earnings Before Taxes-11.2%18921319917315510576.0062.0014.00229279274235-318109133267267287318329
EBT Margin---0.03*0.02*0.02*0.01*0.02*0.03*0.04*0.05*0.03*0.02*0.01*0.01*0.04*------
Net Income-21.2%13316914411892.0069.0049.0022.00-26.50175204202174-29376.00126216183229212253
Net Income Margin---0.02*0.02*0.01*0.01*0.01*0.02*0.03*0.04*0.02*0.01*0.00*0.01*0.03*------
Free Cashflow----147342112-16090.00-12.70-157120135234474-610113------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets-1.2%14,61414,79914,40413,76313,37913,34513,72713,35213,04613,26413,42313,19912,89512,26913,02212,68112,75312,84812,36211,60112,009
  Current Assets-1.2%7,7387,8327,5796,9946,9256,6856,9296,7656,5946,8547,0416,7776,5996,0496,9096,4076,6186,7366,5986,2816,568
    Cash Equivalents8.6%9809028991,1158428281,1621,3211,0991,4021,3751,3071,2501,7762,4491,5101,3011,2691,1991,5201,199
  Inventory5.0%1,7881,7031,6761,5741,5941,6131,6421,5721,7661,5901,4651,4011,2661,2451,3241,2581,2941,2401,2011,1971,285
  Net PPE-0.9%2,8862,9132,8412,8542,7052,7792,8272,7202,6962,6952,6812,7362,6272,6182,6082,7042,6002,6212,5932,5982,536
  Goodwill2352.2%1,71470.001,6671,6611,60527.0023.001,6581,6601,6671,6581,6561,6291,6061,5921,6142191981,4061,4051,409
  Current Liabilities-1.3%5,7015,7755,5985,1885,1905,0285,0874,7604,9524,8755,1735,0775,0554,7875,3494,6664,9085,0274,9144,5014,780
  Short Term Borrowings-0.7%27.0027.0017.0010.004.00-------4.007.0010.0019.0019.0015.0015.0010.008.00
  Long Term Debt0.0%2,7422,7412,5922,5912,6012,5952,5962,5952,0962,3012,3012,3002,3002,3032,3072,2942,2982,3001,9391,9411,947
Shareholder's Equity-4.6%4,8595,0915,0294,6794,4284,5484,8264,8084,7584,8924,7494,6154,2763,9834,1834,5014,3754,4004,3944,3614,436
  Retained Earnings1.6%5,5195,4325,3105,2145,1435,0975,0755,0735,0985,1554,9954,8074,6214,4474,7424,7164,6084,4354,3004,1144,954
  Additional Paid-In Capital1.0%1,0371,0271,0131,0231,0151,0081,0001,0191,0079749649649589569469699639659621,0171,176
Shares Outstanding-0.6%59.0059.0059.00-60.0060.0060.00-60.0060.0060.00-60.0060.0061.00-61.0062.0063.00-65.00
Minority Interest12.4%125111172152125107176165135109169148143116160151171163148160143
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations29.7%404311-35.6053725211.00221167-4.40260248401565-52422248534340452.00758268
Cashflow From Investing55.0%-153-340-109-213-131-182-302-168-194-140-142-171-121-85.90-90.10-183-159-463-116-182-153
Cashflow From Financing-562.1%-15935.00-82.50-74.10-91.70-150-71.20218-99.70-102-29.70-199-1,013-49.30851-125-131129-234-277-246
  Dividend Payments-0.2%45.0045.0047.0046.0046.0046.0047.0046.0030.0015.0016.0015.004.000.0048.0045.0046.0046.0050.0044.0045.00
  Buy Backs200.4%85.0028.0025.0025.0025.0050.00-1.0070.0029.00----70.0025.0083.00154122217203

LEA Income Statement

2023-09-30
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2023
Oct. 01, 2022
Sep. 30, 2023
Oct. 01, 2022
Income Statement [Abstract]    
Net sales$ 5,781.0$ 5,241.2$ 17,625.7$ 15,520.6
Cost of sales5,362.84,864.316,320.514,482.3
Selling, general and administrative expenses182.5163.9542.1512.4
Amortization of intangible assets15.515.247.455.5
Interest expense25.724.876.174.6
Other expense, net5.818.139.059.8
Consolidated income before provision for income taxes and equity in net income of affiliates188.7154.9600.6336.0
Provision for income taxes47.041.7134.185.6
Equity in net income of affiliates(10.4)(6.0)(36.2)(21.0)
Consolidated net income152.1119.2502.7271.4
Less: Net income attributable to noncontrolling interests19.226.957.561.2
Net income attributable to Lear$ 132.9$ 92.3$ 445.2$ 210.2
Basic net income per share attributable to Lear (in dollars per share)$ 2.26$ 1.55$ 7.54$ 3.52
Diluted net income per share attributable to Lear (in dollars per share)2.251.547.503.50
Cash dividends declared per share (in dollars per share)$ 0.77$ 0.77$ 2.31$ 2.31
Average common shares outstanding (in shares)58,766,58659,551,76559,072,18959,794,788
Average diluted shares outstanding (in shares)59,075,63859,785,86059,333,59060,031,484
Consolidated comprehensive income (loss) (Condensed Consolidated Statements of Equity)$ 4.6$ (57.2)$ 472.8$ (96.0)
Less: Comprehensive income attributable to noncontrolling interests18.519.351.046.6
Comprehensive income (loss) attributable to Lear$ (13.9)$ (76.5)$ 421.8$ (142.6)

LEA Balance Sheet

2023-09-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2023
[1]
Dec. 31, 2022
CURRENT ASSETS:  
Cash and cash equivalents$ 979.7$ 1,114.9
Accounts receivable4,041.23,451.9
Inventories1,788.31,573.6
Other928.5853.7
Total current assets7,737.76,994.1
LONG-TERM ASSETS:  
Property, plant and equipment, net2,886.02,854.0
Goodwill1,714.11,660.6
Other2,275.92,254.3
Total long-term assets6,876.06,768.9
Total assets14,613.713,763.0
CURRENT LIABILITIES:  
Short-term borrowings26.79.9
Accounts payable and drafts3,556.53,206.1
Accrued liabilities2,117.91,961.5
Current portion of long-term debt0.310.8
Total current liabilities5,701.45,188.3
LONG-TERM LIABILITIES:  
Long-term debt2,742.12,591.2
Other1,186.91,153.2
Total long-term liabilities3,929.03,744.4
EQUITY:  
Preferred stock, 100,000,000 shares authorized (including 10,896,250 Series A convertible preferred stock authorized); no shares outstanding0.00.0
Common stock, $0.01 par value, 300,000,000 shares authorized; 64,571,405 shares issued as of September 30, 2023 and December 31, 20220.60.6
Additional paid-in capital1,037.21,023.1
Common stock held in treasury, 6,315,867 and 5,493,211 shares as of September 30, 2023 and December 31, 2022, respectively, at cost(869.8)(753.9)
Retained earnings5,519.35,214.1
Accumulated other comprehensive loss(828.5)(805.1)
Lear Corporation stockholders' equity4,858.84,678.8
Noncontrolling interests124.5151.5
Equity4,983.34,830.3
Total liabilities and equity$ 14,613.7$ 13,763.0
[1]Unaudited
LEA
Lear Corporation designs, develops, engineers, manufactures, assembles, and supplies automotive seating, and electrical distribution systems and related components for automotive original equipment manufacturers in North America, Europe, Africa, Asia, and South America. Its Seating segment offers seat systems, seat subsystems, keyseat components, seat trim covers, seat mechanisms, seat foams, and headrests, as well as surface materials, such as leather and fabric for automobiles and light trucks, compact cars, pick-up trucks, and sport utility vehicles. The company's E-Systems segment provides electrical distribution and connection systems that route electrical signals and networks; and manage electrical power within the vehicle for various powertrains. This segment's products comprise wire harnesses, terminals and connectors, engineered components, and junction boxes; electronic system products, including body domain control modules, smart and passive junction boxes, gateway and communication modules, integrated power modules, and high voltage switching and power control systems. It also offers software and connected services comprising Xevo Market, an in-vehicle commerce and service platform; and software and services for the cloud, vehicles, and mobile devices. In addition, this segment provides cybersecurity software; advanced vehicle positioning for automated and autonomous driving applications; and short-range communication and cellular protocols for vehicle connectivity. It offers its products and services under the XEVO, GUILFORD, EAGLE OTTAWA, ConfigurE+, INTUTM, LEAR CONNEXUSTM, EXO, JOURNEYWARE, ProTec, SMART JUNCTION BOX, STRUCSURE, AVENTINO, and TeXstyle brands. Lear Corporation was founded in 1917 and is headquartered in Southfield, Michigan.
 CEO
 WEBSITEwww.lear.com
 EMPLOYEES65535

Lear Corp Frequently Asked Questions


What is the ticker symbol for Lear Corp? What does LEA stand for in stocks?

LEA is the stock ticker symbol of Lear Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Lear Corp (LEA)?

As of Thu Dec 07 2023, market cap of Lear Corp is 7.95 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of LEA stock?

You can check LEA's fair value in chart. The fair value of Lear Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Lear Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for LEA so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Lear Corp a good stock to buy?

The fair value guage provides a quick view whether LEA is over valued or under valued. Whether Lear Corp is cheap or expensive depends on the assumptions which impact Lear Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for LEA.

What is Lear Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Dec 07 2023, LEA's PE ratio (Price to Earnings) is 14.13 and Price to Sales (PS) ratio is 0.35. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. LEA PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Lear Corp's stock?

In the past 10 years, Lear Corp has provided 0.062 (multiply by 100 for percentage) rate of return.