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Lear Corporation designs, develops, engineers, manufactures, assembles, and supplies automotive seating, and electrical distribution systems and related components. The Company operates through Seating and E-Systems segments. The Seating segment includes seat systems and related components, such as leather and fabric products, seat trim covers, recliner mechanisms, seat structures, and mechanisms and headrests, as well as thermoelectric seat heating and cooling systems. The E-Systems segment offers electrical distribution systems that route electrical signals and manage electrical power within the vehicle for traditional vehicle architectures, as well as high power and hybrid electric systems. It also offers wireless systems comprising passive entry, remote keyless entry, and dual range or dual function remote keyless entry systems.

TypePublic
Founded1917
HQSouthfield, US
Websitelear.com
Employee Ratings3.8

Latest Updates

Employees (est.) (Dec 2018)169,000(+3%)
Job Openings92
Revenue (FY, 2019)$19.8 B(-6%)
Share Price (Sept 2020)$121 (-2%)
Cybersecurity ratingBMore

Key People/Management at Lear Corporation

Ray Scott

Ray Scott

President, Chief Executive Officer and Director
Frank Orsini

Frank Orsini

Executive Vice President and President, Seating
Jason Cardew

Jason Cardew

Senior Vice President and Chief Financial Officer
Harry Kemp

Harry Kemp

Senior Vice President, General Counsel and Corporate Secretary
Thomas DiDonato

Thomas DiDonato

Senior Vice President and Chief Administrative Officer
Alicia Davis

Alicia Davis

Senior Vice President, Corporate Development and Investor Relations
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Lear Corporation Office Locations

Lear Corporation has offices in Southfield and Singapore
Southfield, US (HQ)
21557 Telegraph Rd
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Lear Corporation Financials and Metrics

Lear Corporation Revenue

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Lear Corporation's revenue was reported to be $19.81 b in FY, 2019
USD

Revenue (Q2, 2020)

2.4b

Gross profit (Q2, 2020)

(127.4m)

Gross profit margin (Q2, 2020), %

(5.2%)

Net income (Q2, 2020)

(269.5m)

Market capitalization (16-Sept-2020)

7.3b

Closing stock price (16-Sept-2020)

121.0

Cash (4-Jul-2020)

1.8b

EV

7.8b
Lear Corporation's current market capitalization is $7.3 b.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

14.2b14.6b16.2b17.7b18.2b18.6b20.5b21.1b19.8b

Revenue growth, %

9%3%2%

Cost of goods sold

13.0b13.3b14.9b16.2b16.4b16.5b18.2b18.8b18.1b

Gross profit

1.2b1.2b1.3b1.5b1.8b2.1b2.3b2.3b1.7b
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

1.8b1.4b1.1b1.1b1.2b1.3b1.5b1.5b1.5b

Accounts Receivable

1.9b2.0b2.3b2.5b2.6b2.7b3.2b2.9b3.0b

Prepaid Expenses

489.3m703.5m676.1m710.2m678.2m

Inventories

637.8m727.1m818.7m853.7m947.6m1.0b1.2b1.2b1.3b
USDQ1, 2012

Financial Leverage

2.7 x
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Lear Corporation Operating Metrics

Lear Corporation's Backlog was reported to be $2.8b in FY, 2016.
FY, 2014FY, 2015FY, 2016

Backlog

$2 b$2 b$2.80 b

Countries

34 36 37

Manufacturing Facilities

219 240 243

Patents and Patent Applications

2 k2.10 k
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Lear Corporation Cybersecurity Score

Cybersecurity ratingPremium dataset

B

88/100

SecurityScorecard logo

Lear Corporation Revenue Breakdown

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Lear Corporation revenue breakdown by business segment: 22.6% from E-Systems and 77.4% from Seating

Lear Corporation Online and Social Media Presence

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Lear Corporation News and Updates

Lear Corporation A Good Buy at $88?

After a 37% decline in Lear Corporation’s stock since the beginning of 2020, at the current price of $88 per share, we believe LEA’s stock has a good upside potential, after the coronavirus situation ends, though the stock is likely to remain around the current level for now considering the impact..

Lear Corporation Appoints Mei-Wei Cheng to Board of Directors

SOUTHFIELD, Mich., Jan. 24, 2019 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader, today announced that Mei-Wei Cheng has been appointed to Lear's Board of Directors. Mr. Cheng currently serves as the Non-Executive Chairman of the Board of Directors of...

Automotive Interior Component Global Market 2018: Key Players Toyota Boshoku, Lear Corporation, Sage Automotive

Pune, India, 24th October 2018: WiseGuyReports announced addition of new report, titled “Global Automotive Interior Component Market – Trends & Forecast, 2016-2022”. Posted via Industry Today. Follow us on Twitter @IndustryToday

Global Light Vehicle Seating Market Report 2018 - Forecast to 2033 with Exclusive Interviews with Faurecia, Magna Seating & Lear Corporation

DUBLIN, Oct. 23, 2018 /PRNewswire/ -- The "Global Light Vehicle Seating Market - Forecasts to 2033" report has been added to ResearchAndMarkets.com's offering. This report provides a comprehensive overview of the global light vehicle seating sector, major suppliers, top 14 markets,...

Lear Corporation Celebrates Grand Opening of Flint, Michigan, Seat Manufacturing Facility

SOUTHFIELD, Mich., Aug. 13, 2018 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a leading global supplier of automotive seating and electrical systems, celebrated the grand opening of a new manufacturing seating facility in Flint, Michigan on August 11, 2018. The event was attended by...
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Lear Corporation Blogs

Lear to Participate in Deutsche Bank's Global Auto Industry Conference

Lear to Participate in Deutsche Bank's Global Auto Industry Conference Content Import Fri, 06/05/2020 - 08:00 Lear to Participate in Deutsche Bank's Global Auto Industry Conference 06.05.2020 This release is a backfill from a News Wire General …

Lear to Participate in Wolfe Research's Auto Corporate Access Week

SOUTHFIELD, Mich. , May 29, 2020 /PRNewswire/ --  Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems , will participate in a fireside chat on June 4, 2020 , during Wolfe Research's Auto Corporate Access Week.  Representing Lear will be: Ray Scott ,

Lear Joins United Nations Global Compact Initiative

SOUTHFIELD, Mich. , May 19, 2020 /PRNewswire/ --  Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems , has joined the United Nations ( UN ) Global Compact, the world's largest corporate responsibility initiative.

Lear Reports First Quarter 2020 Results

SOUTHFIELD, Mich. , May 8, 2020 /PRNewswire/ --  Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems , today reported results for the first quarter 2020.  First Quarter 2020 Highlights Sales of $4.5 billion , compared to $5.2 billion in the first quarter of

Lear to Hold Virtual Annual Meeting of Stockholders

SOUTHFIELD, Mich. , May 4, 2020 /PRNewswire/ --  Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems , announced today that it will hold its 2020 Annual Meeting of Stockholders (the "Annual Meeting") virtually due to public health concerns related to the

Lear's Groundbreaking Commerce and Services Platform, Xevo Market, Wins Automotive News PACE Award

SOUTHFIELD, Mich. , April 28, 2020 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems , today announced that Automotive News has recognized its innovative in-vehicle commerce platform Xevo Market as a 2020 PACE Award winner.
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Lear Corporation Frequently Asked Questions

  • When was Lear Corporation founded?

    Lear Corporation was founded in 1917.

  • Who are Lear Corporation key executives?

    Lear Corporation's key executives are Ray Scott, Frank Orsini and Jason Cardew.

  • How many employees does Lear Corporation have?

    Lear Corporation has 169,000 employees.

  • What is Lear Corporation revenue?

    Latest Lear Corporation annual revenue is $19.8 b.

  • What is Lear Corporation revenue per employee?

    Latest Lear Corporation revenue per employee is $117.2 k.

  • Who are Lear Corporation competitors?

    Competitors of Lear Corporation include Aptiv, Magna International and Faurecia.

  • Where is Lear Corporation headquarters?

    Lear Corporation headquarters is located at 21557 Telegraph Rd, Southfield.

  • Where are Lear Corporation offices?

    Lear Corporation has offices in Southfield and Singapore.

  • How many offices does Lear Corporation have?

    Lear Corporation has 2 offices.