Craft

Lear Corporation

Stock Price

$133.7

2024-01-26

Market Capitalization

$7.8 B

2024-01-26

Revenue

$20.9 B

FY, 2022

Lear Corporation Summary

Company Summary

Overview
Lear Corporation is a company that designs, develops, engineers, manufactures, assembles, and supplies automotive seating and electrical distribution systems. It 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.
Type
Public
Status
Active
Founded
1917
HQ
Southfield, MI, US | view all locations
Website
https://lear.com
Cybersecurity rating
ESG rating
60-79 out of 100|View all ESG data
Sectors

Key People

  • Frank Orsini

    Frank Orsini, Executive Vice President and President, Seating

  • Jason Cardew

    Jason Cardew, Senior Vice President and Chief Financial Officer

  • Carl Esposito

    Carl Esposito, Senior Vice President and President, E-Systems

  • Scott French

    Scott French, Vice President, Operational Excellence

Operating MetricsView all

Countries

37
2.6%

FY, 2022

Light Vehicle Production Volume (North America)

8M
11.9%

Q2, 2023

Light Vehicle Production Volume (Europe and Africa)

9.4M
16.9%

Q2, 2023

LocationsView all

111 locations detected

  • Southfield, MI HQ

    United States

    21557 Telegraph Rd

  • Columbia City, IN

    United States

    2101 S 600 E

  • Duncan, SC

    United States

    1200 Woods Chapel Rd

  • Farwell, MI

    United States

    505 Hoover St

  • Flint, MI

    United States

    902 E Hamilton Ave

  • Hammond, IN

    United States

    2204 Michigan St

and 105 others

Lear Corporation Financials

Summary Financials

Revenue (Q3, 2023)
$5.8B
Gross profit (Q3, 2023)
$418.2M
Net income (Q3, 2023)
$152.1M
Cash (Q3, 2023)
$979.7M
EBIT (Q3, 2023)
$220.2M
Enterprise value
$9.6B

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