Lear Corporation
Consumer CyclicalNYSE:LEA · New York Stock Exchange
+$0.54 today
Vol 0.41M · Avg 0.72M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Earnings Waterfall
Revenue to Net Income
Key Ratios
Analysis
$23.5B of revenue converted into $528.4M of net income for the selected period. Gross margin is 7.2% and net margin is 2.2%, showing how much revenue survives after costs and taxes. EPS is $10.00, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $23.3B -0.2% | $23.3B -0.7% | $23.5B +12.4% | $20.9B +8.4% | $19.3B | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $21.3B -0.5% | $21.5B -1.2% | $21.7B +12.5% | $19.3B +8.7% | $17.8B | $725.6M | $804.0M | $882.4M |
| Gross Profit | $1.9B +3.8% | $1.8B +5.6% | $1.7B +11.0% | $1.6B +5.3% | $1.5B | $8.9B | $7.6B | $6.2B |
| Gross Margin | 8.2% +0.3pp | 7.9% +0.5pp | 7.4% -0.1pp | 7.5% -0.2pp | 7.8% | 9.8% | 28.9% | 38.3% |
| Research & Development | $386.3M -3.2% | $399.2M +24.9% | $319.6M +0.3% | $318.8M +2.8% | $310.2M | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $505.7M +1.2% | $499.7M -2.5% | $512.7M +5.3% | $486.7M +10.5% | $440.5M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $892.0M -0.8% | $898.9M +8.0% | $832.3M +3.3% | $805.5M +7.3% | $750.7M | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $604.1M -2.7% | $620.7M +3.0% | $602.5M +4.5% | $576.5M +0.5% | $573.9M | $374.2M | $1.2B | $631.8M |
| EBITDA | $1.4B -5.3% | $1.5B -1.4% | $1.5B +25.1% | $1.2B -5.2% | $1.2B | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 5.9% -0.3pp | 6.3% -0.0pp | 6.3% +0.6pp | 5.7% -0.8pp | 6.5% | 5.6% | 46.3% | 42.0% |
| Operating Income | $1.0B +8.2% | $944.9M +3.4% | $913.6M +19.0% | $768.0M +3.3% | $743.6M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 4.4% +0.3pp | 4.1% +0.2pp | 3.9% +0.2pp | 3.7% -0.2pp | 3.9% | 16.6% | 24.1% | 22.0% |
| Interest Income | $0 | $0 | $0 | $0 | $0 | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $98.4M -5.2% | $103.8M +5.2% | $98.7M +2.6% | $96.2M +7.6% | $89.4M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | -$345.6M -113.3% | -$162.0M -86.0% | -$87.1M +61.4% | -$225.6M -56.3% | -$144.3M | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $677.1M -13.5% | $782.9M -5.3% | $826.5M +52.4% | $542.4M -9.5% | $599.3M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 2.9% -0.4pp | 3.4% -0.2pp | 3.5% +0.9pp | 2.6% -0.5pp | 3.1% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $150.0M -21.5% | $191.1M +5.7% | $180.8M +35.2% | $133.7M -2.9% | $137.7M | $1.3B | -$1.6B | $745.2M |
| Net Income | $436.8M -13.8% | $506.6M -11.5% | $572.5M +74.7% | $327.7M -12.4% | $373.9M | $4.9B | $4.8B | $4.7B |
| Net Margin | 1.9% -0.3pp | 2.2% -0.3pp | 2.4% +0.9pp | 1.6% -0.4pp | 1.9% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $8 -8.9% | $9 -7.3% | $10 +77.2% | $5 -11.7% | $6 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $8 -9.1% | $9 -7.3% | $10 +77.0% | $5 -11.6% | $6 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $53.2M -5.3% | $56.1M -4.6% | $58.8M -1.4% | $59.7M -0.7% | $60.1M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $53.6M -5.1% | $56.5M -4.5% | $59.1M -1.3% | $59.9M -0.8% | $60.4M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
Allison Transmission Holdings, Inc.
NYSE:ALSN
$9.67B
CarMax, Inc.
NYSE:KMX
$7.30B
Urban Outfitters, Inc.
NASDAQ:URBN
$6.91B
Taylor Morrison Home Corporation
NYSE:TMHC
$6.72B
Wyndham Hotels & Resorts, Inc.
NYSE:WH
$5.92B
Gentex Corporation
NASDAQ:GNTX
$5.49B
Mattel, Inc.
NASDAQ:MAT
$4.27B
Thor Industries, Inc.
NYSE:THO
$4.04B
Group 1 Automotive, Inc.
NYSE:GPI
$3.85B
Dorman Products, Inc.
NASDAQ:DORM
$3.83B
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does LEA generate?
Lear Corporation (LEA) reported $23.26B of revenue in fiscal 2025.
Is LEA profitable?
Lear Corporation (LEA) reported $436.80M of net income, with a net margin of 1.9%.
Explore More
Continue the stock analysis
Jump to another research area for this company.