Lear Corporation

Lear Corporation is a leading global Tier 1 automotive supplier that serves all of the world’s major automakers with content on more than 300 vehicle nameplates worldwide. Lear provides complete seating systems and components, as well as both traditional and high voltage/high power electronic products and electrical distribution systems and components. With facilities in 35 countries on six continents, Lear operates in every major auto producing region of the world.
Company Growth (employees)
Type
Public
HQ
Southfield, US
Founded
1917
Size (employees)
148,400 (est)-1%
Website
lear.com
Lear Corporation was founded in 1917 and is headquartered in Southfield, US

Key People at Lear Corporation

Matthew Simoncini

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.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

16.2 b17.7 b18.2 b18.6 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

Gross profit Margin, %

8%8%10%11%

Pre tax profit

610.1 m787.4 m1 b1.3 b

Net Income

455.8 m268 m252.9 m248.5 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

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%

General and administrative expense

138 m128.1 m151.7 m151.5 m137.6 m149 m154.3 m153.6 m155.7 m

Operating expense total

138 m128.1 m151.7 m151.5 m137.6 m149 m154.3 m153.6 m155.7 m

Interest expense

14.6 m15.7 m24.4 m20.5 m21.4 m21.1 m20.3 m20.6 m20.8 m

Income tax expense

52.8 m57.6 m62.9 m71.9 m76.1 m98.2 m101 m88.2 m89.1 m

Net Income

157.8 m147.9 m156.7 m192.9 m193.3 m262.5 m294.5 m235 m318.5 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

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 b

PP&E

1.6 b1.6 b1.8 b2 b

Goodwill

757.2 m726.2 m1.1 b1.1 b

Total Assets

8.3 b9.2 b9.4 b9.9 b

Accounts Payable

2.4 b2.5 b2.5 b2.6 b

Total Debt

1.1 b1.7 b2 b1.9 b

Current Liabilities

3.6 b4 b3.8 b4.2 b

Non-Current Liabilities

1.6 b2.2 b2.5 b2.5 b

Total Liabilities

5.2 b6.1 b6.4 b6.7 b

Additional Paid-in Capital

1.7 b1.5 b1.5 b1.4 b

Retained Earnings

1.9 b2.2 b2.8 b3.7 b

Total Equity

3.1 b3 b3 b3.2 b

Debt to Equity Ratio

0.3 x0.6 x0.6 x0.6 x

Debt to Assets Ratio

0.1 x0.2 x0.2 x0.2 x

Financial Leverage

2.6 x3 x3.1 x3.1 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

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

PP&E

1.7 b1.6 b1.7 b1.8 b1.8 b1.9 b1.9 b1.9 b2.1 b

Goodwill

754.7 m740.2 m1.1 b1.1 b1.1 b1.1 b1.1 b1.1 b1.1 b

Total Assets

9 b8.7 b9.6 b9.8 b9.6 b10 b10.1 b10.3 b10.6 b

Current Liabilities

4.1 b4 b4.1 b4.2 b4.1 b4.3 b4.4 b4.5 b4.6 b

Non-Current Liabilities

1.6 b1.6 b2.7 b2.7 b2.7 b2.5 b2.6 b2.6 b2.5 b

Additional Paid-in Capital

1.4 b1.4 b1.4 b1.3 b1.4 b1.4 b1.3 b

Retained Earnings

2.2 b2.3 b2.3 b2.5 b2.6 b3.1 b3.3 b3.5 b4 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

455.8 m702.3 m795.8 m1 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 m231.3 m76.2 m157.6 m

Cash From Operating Activities

820.1 m927.8 m1.3 b1.6 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 m70.7 m85.6 m88.8 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

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

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
USDY, 2017

Revenue/Employee

33.3 k

Lear Corporation Market Value History

Lear Corporation Median Salaries

Source: 33 public H-1B filings from Lear Corporation

Traffic Overview of Lear Corporation

Lear Corporation Online and Social Media Presence

Lear Corporation News and Updates

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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...

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...

Lear Corporation Company Life and Culture

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