OverviewSuggest Edit

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 Ratings3.6

Latest Updates

Employees (est.) (Dec 2018)169,000(+3%)
Job Openings194
Revenue (FY, 2017)$20.5 B(+11%)
Share Price (Jun 2019)$135.2 (+2%)

Key People/Management at Lear Corporation

Ray Scott

Ray Scott

President, Chief Executive Officer and Director, Interim President, E-Systems
Frank Orsini

Frank Orsini

Executive Vice President and President, Seating
Jeffrey H. Vanneste

Jeffrey H. Vanneste

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

Vice President, 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

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

Net income (Q2, 2018)

355.0m

Market capitalization (10-Jun-2019)

8.4b

Closing stock price (10-Jun-2019)

135.2
Lear Corporation's current market capitalization is $8.4 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

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

Revenue growth, %

9%3%2%

Cost of goods sold

14.9b16.2b16.4b16.5b

Gross profit

1.3b1.5b1.8b2.1b
Quarterly
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2017Q2, 2018Q3, 2017Q2, 2018

Revenue

4.2b4.5b4.6b

Cost of goods sold

3.9b4.1b4.2b

Gross profit

361.2m425.7m450.2m

Gross profit Margin, %

9%9%10%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

1.1b1.1b1.2b1.3b

Accounts Receivable

2.3b2.5b2.6b2.7b

Inventories

818.7m853.7m947.6m1.0b

Current Assets

4.9b5.4b5.3b5.6b6.6b
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Cash

865.1m748.2m967.9m1.4b

Accounts Receivable

3.1b2.8b3.2b3.1b3.0b

Inventories

872.0m881.6m985.8m1.0b1.0b1.1b

Current Assets

5.6b5.5b5.3b5.6b5.8b5.9b6.6b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

455.8m702.3m795.8m1.0b

Depreciation and Amortization

378.2m

Inventories

(102.0m)(91.2m)4.1m(53.5m)(76.0m)

Accounts Payable

189.5m231.3m76.2m157.6m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q1, 2018Q2, 2018Q1, 2019

Net Income

147.9m156.7m262.5m557.0m792.0m318.5m

Depreciation and Amortization

8.6m13.3m13.2m10.1m242.0m

Inventories

899.1m985.8m1.0b1.1b(42.0m)(35.0m)(8.0m)

Cash From Operating Activities

175.0m408.0m686.0m
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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 Revenue Breakdown

Embed Graph

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

Lear Corporation Online and Social Media Presence

Embed Graph

Lear Corporation News and Updates

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 Captures Four J.D. Power Seat Quality Awards

Lear Captures Four J.D. Power Seat Quality Awards Content Import Wed, 08/28/2019 - 09:01 Lear Captures Four J.D. Power Seat Quality Awards 08.28.2019 This release is a backfill from a News Wire General SOUTHFIELD, Mich., Aug. 28, 2…

Lear Appoints Aerospace Industry Veteran Carl Esposito as President of E-Systems

Lear Appoints Aerospace Industry Veteran Carl Esposito as President of E-Systems Content Import Wed, 08/14/2019 - 08:01 Lear Appoints Aerospace Industry Veteran Carl Esposito as President of E-Systems 08.14.2019 This release is a backfill from a News Wire …

Lear Headquarters Hosts National Tour Promoting Diversity and Inclusion

SOUTHFIELD, Mich. , July 30, 2019 /PRNewswire/ --  Lear Corporation (NYSE: LEA), a global automotive technology leader in seating and electrical and electronic systems, today is hosting an interactive educational event for its employees to promote diversity and inclusion in the workplace.

Lear Reports Second Quarter 2019 Results

SOUTHFIELD, Mich. , July 26, 2019 /PRNewswire/ --  Lear Corporation (NYSE: LEA), a global automotive technology leader in seating and electrical and electronic systems, today reported results for the second quarter 2019.  Highlights include: Sales of $5.0 billion , compared to $5.6 billion in

Lear Innovation Ventures (LIV) Partners with Plug and Play Silicon Valley

Lear Innovation Ventures (LIV) Partners with Plug and Play Silicon Valley Content Import Thu, 06/13/2019 - 08:00 Lear Innovation Ventures (LIV) Partners with Plug and Play Silicon Valley 06.13.2019 This release is a backfill from a News Wire Gen…

Lear's Xevo Market and EXO Technology to be Showcased at TU Automotive Detroit

Lear's Xevo Market and EXO Technology to be Showcased at TU Automotive Detroit Content Import Wed, 06/05/2019 - 08:01 Lear's Xevo Market and EXO Technology to be Showcased at TU Automotive Detroit 06.05.2019 This release is a backfill from a News Wire …
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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 Jeffrey H. Vanneste.

  • How many employees does Lear Corporation have?

    Lear Corporation has 169,000 employees.

  • What is Lear Corporation revenue?

    Latest Lear Corporation annual revenue is $20.5 b.

  • What is Lear Corporation revenue per employee?

    Latest Lear Corporation revenue per employee is $121.1 k.

  • Who are Lear Corporation competitors?

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

  • 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.