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/dual function remote keyless entry systems.

Type
Public
HQ
Southfield, US
Founded
1917
Size (employees)
165,000 (est)+12%
Website
lear.com
Lear Corporation was founded in 1917 and is headquartered in Southfield, US
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Key People/Management at Lear Corporation

Matthew Simoncini

Matthew Simoncini

President, Chief Executive Officer and Director
Ray Scott

Ray Scott

Executive Vice President and President, Seating
Jeffrey Vanneste

Jeffrey Vanneste

Senior Vice President and Chief Financial Officer
Jay Kunkel

Jay Kunkel

Senior Vice President and President, Asia-Pacific Operations
Terry Larkin

Terry Larkin

Executive Vice President, Business Development and General Counsel
Frank Orsini

Frank Orsini

Senior Vice President and President, E-Systems

Lear Corporation Office Locations

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

Lear Corporation Financials

Lear Corporation's revenue was reported to be $20.47 b in FY, 2017
USD

Revenue (FY, 2017)

20.5 b

Market capitalization (20-Apr-2018)

13.3 b
Lear Corporation's current market capitalization is $13.3 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

16.2 b17.7 b18.2 b18.6 b20.5 b

Revenue growth, %

9%3%2%

Cost of goods sold

14.9 b16.2 b16.4 b16.5 b

Gross profit

1.3 b1.5 b1.8 b2.1 b
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Revenue

4.6 b4.2 b4.5 b4.6 b4.3 b4.7 b4.7 b4.5 b5 b

Cost of goods sold

4.2 b3.9 b4.1 b4.2 b3.9 b4.1 b4.2 b4 b4.4 b

Gross profit

379.1 m361.2 m425.7 m450.2 m453.2 m535.7 m540.4 m513.9 m582.5 m

Gross profit Margin, %

8%9%9%10%10%11%11%11%12%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

1.1 b1.1 b1.2 b1.3 b

Accounts Receivable

2.3 b2.5 b2.6 b2.7 b

Inventories

818.7 m853.7 m947.6 m1 b

Current Assets

4.9 b5.4 b5.3 b5.6 b6.6 b
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Cash

865.1 m872.7 m748.2 m967.9 m922.8 m1.2 b1.4 b1.3 b1.2 b

Accounts Receivable

3.1 b2.8 b3.2 b3.1 b3 b3 b3 b3.1 b3.3 b

Inventories

881.6 m899.1 m985.8 m1 b1 b1 b1 b1.1 b1.1 b

Current Assets

5.5 b5.3 b5.6 b5.8 b5.6 b5.8 b5.9 b6.1 b6.2 b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

455.8 m702.3 m795.8 m1 b

Depreciation and Amortization

378.2 m

Inventories

(102 m)(91.2 m)4.1 m(53.5 m)(76 m)

Accounts Payable

189.5 m231.3 m76.2 m157.6 m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Net Income

157.8 m147.9 m156.7 m192.9 m193.3 m262.5 m294.5 m235 m318.5 m

Depreciation and Amortization

8.3 m8.6 m13.3 m13.2 m13 m13.2 m13.3 m15.2 m10.1 m

Inventories

881.6 m899.1 m985.8 m1 b1 b1 b1 b1.1 b1.1 b
USDY, 2017

Revenue/Employee

133.8 k
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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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