Company Growth (employees)
Lear Corporation was founded in 1917 and is headquartered in Southfield, US
Key People at Lear Corporation
Matthew Simoncini
President, Chief Executive Officer and Director
Lear Corporation Office Locations
Lear Corporation has offices in Southfield and Singapore
Southfield, US (HQ)
21557 Telegraph Rd
Lear Corporation Data and Metrics
Lear Corporation Financial Metrics
Lear Corporation's revenue was reported to be $5 b in Q1, 2017
USD
Revenue (Q1, 2017) | 5 b |
Gross profit (Q1, 2017) | 582.5 m |
Gross profit margin (Q1, 2017), % | 12% |
Net income (Q1, 2017) | 318.5 m |
Market capitalization (15-Aug-2017) | 10 b |
Cash (01-Apr-2017) | 1.2 b |
Lear Corporation's current market capitalization is $10 b.
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Revenue | 16.2 b | 17.7 b | 18.2 b | 18.6 b |
Revenue growth, % | 9% | 3% | 2% | |
Cost of goods sold | 14.9 b | 16.2 b | 16.4 b | 16.5 b |
Gross profit | 1.3 b | 1.5 b | 1.8 b | 2.1 b |
Gross profit Margin, % | 8% | 8% | 10% | 11% |
Pre tax profit | 610.1 m | 787.4 m | 1 b | 1.3 b |
Net Income | 455.8 m | 268 m | 252.9 m | 248.5 m |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 4.6 b | 4.2 b | 4.5 b | 4.6 b | 4.3 b | 4.7 b | 4.7 b | 4.5 b | 5 b |
Cost of goods sold | 4.2 b | 3.9 b | 4.1 b | 4.2 b | 3.9 b | 4.1 b | 4.2 b | 4 b | 4.4 b |
Gross profit | 379.1 m | 361.2 m | 425.7 m | 450.2 m | 453.2 m | 535.7 m | 540.4 m | 513.9 m | 582.5 m |
Gross profit Margin, % | 8% | 9% | 9% | 10% | 10% | 11% | 11% | 11% | 12% |
General and administrative expense | 138 m | 128.1 m | 151.7 m | 151.5 m | 137.6 m | 149 m | 154.3 m | 153.6 m | 155.7 m |
Operating expense total | 138 m | 128.1 m | 151.7 m | 151.5 m | 137.6 m | 149 m | 154.3 m | 153.6 m | 155.7 m |
Interest expense | 14.6 m | 15.7 m | 24.4 m | 20.5 m | 21.4 m | 21.1 m | 20.3 m | 20.6 m | 20.8 m |
Income tax expense | 52.8 m | 57.6 m | 62.9 m | 71.9 m | 76.1 m | 98.2 m | 101 m | 88.2 m | 89.1 m |
Net Income | 157.8 m | 147.9 m | 156.7 m | 192.9 m | 193.3 m | 262.5 m | 294.5 m | 235 m | 318.5 m |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Cash | 1.1 b | 1.1 b | 1.2 b | 1.3 b |
Accounts Receivable | 2.3 b | 2.5 b | 2.6 b | 2.7 b |
Inventories | 818.7 m | 853.7 m | 947.6 m | 1 b |
Current Assets | 4.9 b | 5.4 b | 5.3 b | 5.6 b |
PP&E | 1.6 b | 1.6 b | 1.8 b | 2 b |
Goodwill | 757.2 m | 726.2 m | 1.1 b | 1.1 b |
Total Assets | 8.3 b | 9.2 b | 9.4 b | 9.9 b |
Accounts Payable | 2.4 b | 2.5 b | 2.5 b | 2.6 b |
Total Debt | 1.1 b | 1.7 b | 2 b | 1.9 b |
Current Liabilities | 3.6 b | 4 b | 3.8 b | 4.2 b |
Non-Current Liabilities | 1.6 b | 2.2 b | 2.5 b | 2.5 b |
Total Liabilities | 5.2 b | 6.1 b | 6.4 b | 6.7 b |
Additional Paid-in Capital | 1.7 b | 1.5 b | 1.5 b | 1.4 b |
Retained Earnings | 1.9 b | 2.2 b | 2.8 b | 3.7 b |
Total Equity | 3.1 b | 3 b | 3 b | 3.2 b |
Debt to Equity Ratio | 0.3 x | 0.6 x | 0.6 x | 0.6 x |
Debt to Assets Ratio | 0.1 x | 0.2 x | 0.2 x | 0.2 x |
Financial Leverage | 2.6 x | 3 x | 3.1 x | 3.1 x |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 865.1 m | 872.7 m | 748.2 m | 967.9 m | 922.8 m | 1.2 b | 1.4 b | 1.3 b | 1.2 b |
Accounts Receivable | 3.1 b | 2.8 b | 3.2 b | 3.1 b | 3 b | 3 b | 3 b | 3.1 b | 3.3 b |
Inventories | 881.6 m | 899.1 m | 985.8 m | 1 b | 1 b | 1 b | 1 b | 1.1 b | 1.1 b |
Current Assets | 5.5 b | 5.3 b | 5.6 b | 5.8 b | 5.6 b | 5.8 b | 5.9 b | 6.1 b | 6.2 b |
PP&E | 1.7 b | 1.6 b | 1.7 b | 1.8 b | 1.8 b | 1.9 b | 1.9 b | 1.9 b | 2.1 b |
Goodwill | 754.7 m | 740.2 m | 1.1 b | 1.1 b | 1.1 b | 1.1 b | 1.1 b | 1.1 b | 1.1 b |
Total Assets | 9 b | 8.7 b | 9.6 b | 9.8 b | 9.6 b | 10 b | 10.1 b | 10.3 b | 10.6 b |
Current Liabilities | 4.1 b | 4 b | 4.1 b | 4.2 b | 4.1 b | 4.3 b | 4.4 b | 4.5 b | 4.6 b |
Non-Current Liabilities | 1.6 b | 1.6 b | 2.7 b | 2.7 b | 2.7 b | 2.5 b | 2.6 b | 2.6 b | 2.5 b |
Additional Paid-in Capital | 1.4 b | 1.4 b | 1.4 b | 1.3 b | 1.4 b | 1.4 b | 1.3 b | ||
Retained Earnings | 2.2 b | 2.3 b | 2.3 b | 2.5 b | 2.6 b | 3.1 b | 3.3 b | 3.5 b | 4 b |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Net Income | 455.8 m | 702.3 m | 795.8 m | 1 b |
Depreciation and Amortization | 378.2 m | |||
Accounts Receivable | (239.6 m) | (358.7 m) | (173.4 m) | (176.3 m) |
Inventories | (102 m) | (91.2 m) | 4.1 m | (53.5 m) |
Accounts Payable | 189.5 m | 231.3 m | 76.2 m | 157.6 m |
Cash From Operating Activities | 820.1 m | 927.8 m | 1.3 b | 1.6 b |
Purchases of PP&E | (460.6 m) | (424.7 m) | (485.8 m) | (528.3 m) |
Cash From Investing Activities | (403.9 m) | (780.6 m) | (965.3 m) | (637.1 m) |
Cash From Financing Activities | (698.5 m) | (160.8 m) | (156.3 m) | (872.9 m) |
Interest Paid | 64.2 m | 70.7 m | 85.6 m | 88.8 m |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 157.8 m | 147.9 m | 156.7 m | 192.9 m | 193.3 m | 262.5 m | 294.5 m | 235 m | 318.5 m |
Depreciation and Amortization | 8.3 m | 8.6 m | 13.3 m | 13.2 m | 13 m | 13.2 m | 13.3 m | 15.2 m | 10.1 m |
Accounts Receivable | 3.1 b | 2.8 b | 3.2 b | 3.1 b | 3 b | 3 b | 3 b | 3.1 b | 3.3 b |
Inventories | 881.6 m | 899.1 m | 985.8 m | 1 b | 1 b | 1 b | 1 b | 1.1 b | 1.1 b |
| USD | Y, 2017 |
|---|---|
Revenue/Employee | 33.3 k |
Lear Corporation Market Value History
Lear Corporation Median Salaries
Source: 33 public H-1B filings from Lear Corporation
Market Position of Lear Corporation
Traffic Overview of Lear Corporation
Lear Corporation Online and Social Media Presence
Lear Corporation News and Updates
April 05, 2017
NanoSteel Appoints CFO for Next Stage of Growth
PRESS RELEASE: NanoSteel®, the leader in nanostructured steel materials, today announced that Rhonda Landers has joined the organization as Chief Financial Officer. Ms. Landers will lead the company's financial operations and play an integral...
February 13, 2017
NanoSteel Closes New Equity Round Led by GM Ventures – Including New Licensee Lear Corporation and New Investor SPDG
PRESS RELEASE: NanoSteel®, the leader in nanostructured steel materials, today announced the closing of a new round of equity investment led by GM Ventures. The financing included new investors Lear Corporation (NYSE: LEA), a leading automotive...
January 10, 2017
Applied Acoustics International Names Tony Daines Chief Marketing Officer
PRESS RELEASE: Applied Acoustics International® (AAI™), a Tier 1 supplier of noise, vibration, and harshness (NVH) solutions to the North American automotive industry, today announced the appointment of Tony Daines as Chief Marketing...