Lear Corporation (LEA) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
21557 TELEGRAPH ROAD SOUTHFIELD, MI 48033 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3714 - Motor Vehicle Parts and Accessories (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)Annual | Quarterly
| 9/30/2025 Q3 | 6/30/2025 Q2 | 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 888 | 780 | 1,053 | 764 | 950 | 930 | |||
| Cash and cash equivalent | 888 | 780 | 1,053 | 764 | 950 | 930 | |||
| Receivables | 4,533 | 4,224 | 3,589 | 4,289 | 4,159 | 4,155 | |||
| Inventory, net of allowances, customer advances and progress billings | 1,684 | 1,682 | 1,601 | 1,768 | 1,702 | 1,735 | |||
| Inventory | 1,684 | 1,682 | 1,601 | 1,768 | 1,702 | 1,735 | |||
| Other current assets | 1,111 | 1,030 | 941 | 987 | 969 | 1,087 | |||
| Total current assets: | 8,215 | 7,716 | 7,184 | 7,809 | 7,781 | 7,908 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 2,919 | 2,847 | 2,833 | 2,912 | 2,865 | 2,910 | |||
| Intangible assets, net (including goodwill) | 1,761 | 1,723 | 1,699 | 1,754 | 1,720 | 1,720 | |||
| Goodwill | 1,761 | 1,723 | 1,699 | 1,754 | 1,720 | 1,720 | |||
| Other noncurrent assets | 2,427 | 2,337 | 2,311 | 2,343 | 2,316 | 2,334 | |||
| Total noncurrent assets: | 7,107 | 6,908 | 6,843 | 7,010 | 6,901 | 6,964 | |||
| TOTAL ASSETS: | 15,322 | 14,623 | 14,028 | 14,818 | 14,682 | 14,872 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 6,091 | 5,818 | 5,418 | 5,863 | 5,791 | 5,916 | |||
| Accounts payable | 3,749 | 3,632 | 3,251 | 3,494 | 3,552 | 3,689 | |||
| Accrued liabilities | 2,343 | 2,187 | 2,168 | 2,369 | 2,239 | 2,227 | |||
| Debt | 31 | 29 | 29 | 30 | 27 | 27 | |||
| Total current liabilities: | 6,122 | 5,847 | 5,447 | 5,893 | 5,818 | 5,943 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 2,761 | 2,733 | 2,733 | 2,768 | 2,744 | 2,743 | |||
| Other undisclosed long-term debt and lease obligation | 2,761 | 2,733 | 2,733 | 2,768 | 2,744 | 2,743 | |||
| Liabilities, other than long-term debt | 1,229 | 1,218 | 1,246 | 1,263 | 1,207 | 1,200 | |||
| Other liabilities | 1,229 | 1,218 | 1,246 | 1,263 | 1,207 | 1,200 | |||
| Total noncurrent liabilities: | 3,989 | 3,951 | 3,980 | 4,031 | 3,950 | 3,943 | |||
| Total liabilities: | 10,111 | 9,799 | 9,427 | 9,924 | 9,768 | 9,886 | |||
| Equity | |||||||||
| Equity, attributable to parent | 5,082 | 4,658 | 4,452 | 4,765 | 4,802 | 4,893 | |||
| Common stock | 1 | 1 | 1 | 1 | 1 | 1 | |||
| Treasury stock, value | (1,449) | (1,426) | (1,424) | (1,323) | (1,115) | (1,057) | |||
| Additional paid in capital | 1,089 | 1,074 | 1,077 | 1,065 | 1,053 | 1,039 | |||
| Accumulated other comprehensive loss | (640) | (950) | (1,134) | (862) | (929) | (755) | |||
| Retained earnings | 6,082 | 5,959 | 5,931 | 5,884 | 5,793 | 5,665 | |||
| Equity, attributable to noncontrolling interest | 129 | 166 | 149 | 129 | 112 | 93 | |||
| Total equity: | 5,211 | 4,825 | 4,601 | 4,894 | 4,914 | 4,986 | |||
| TOTAL LIABILITIES AND EQUITY: | 15,322 | 14,623 | 14,028 | 14,818 | 14,682 | 14,872 | |||
Income Statement (P&L) ($ in millions)Annual | Quarterly
| 9/30/2025 Q3 | 6/30/2025 Q2 | 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 6,030 | 5,560 | 5,715 | 5,584 | 6,012 | 5,995 | ||
| Cost of revenue (Cost of Product and Service Sold) | (5,591) | (5,201) | (5,328) | (5,179) | (5,564) | (5,597) | ||
| Gross profit: | 439 | 359 | 387 | 405 | 449 | 398 | ||
| Operating expenses | (191) | (178) | (71) | (185) | (188) | (255) | ||
| Other operating income (expense), net (Other Expenses) | 42 | (11) | (13) | (19) | ||||
| Other undisclosed operating income (loss) | (148) | 11 | 13 | 72 | ||||
| Operating income: | 248 | 182 | 210 | 221 | 261 | 197 | ||
| Interest and debt expense | (25) | (26) | (27) | (27) | (27) | (26) | ||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (5) | (20) | (24) | (3) | (7) | (14) | ||
| Income from continuing operations before equity method investments, income taxes: | 218 | 135 | 159 | 191 | 227 | 157 | ||
| Income from equity method investments | 16 | 12 | 13 | 13 | 14 | 11 | ||
| Other undisclosed loss from continuing operations before income taxes | (50) | |||||||
| Income from continuing operations before income taxes: | 234 | 148 | 122 | 203 | 241 | 167 | ||
| Income tax expense | (42) | (45) | (57) | (47) | (46) | (41) | ||
| Income from continuing operations: | 192 | 103 | 65 | 156 | 194 | 127 | ||
| Other undisclosed net income | 50 | |||||||
| Net income: | 192 | 103 | 115 | 156 | 194 | 127 | ||
| Net loss attributable to noncontrolling interest | (27) | (22) | (26) | (20) | (21) | (17) | ||
| Net income available to common stockholders, diluted: | 165 | 81 | 88 | 136 | 173 | 110 | ||
Comprehensive Income ($ in millions)Annual | Quarterly
| 9/30/2025 Q3 | 6/30/2025 Q2 | 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 192 | 103 | 115 | 156 | 194 | 127 | ||
| Other comprehensive income (loss) | 136 | 89 | (209) | (98) | (161) | 20 | ||
| Other undisclosed comprehensive income (loss) | 176 | 96 | (68) | 170 | (14) | (89) | ||
| Comprehensive income (loss): | 503 | 287 | (163) | 228 | 19 | 59 | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (28) | (23) | (21) | (25) | (21) | (15) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 475 | 265 | (184) | 204 | (1) | 43 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.