LEA - Lear Corporation
NYSE
->
Consumer Cyclical
->
Auto Parts
Southfield,
United States
Type: Equity
LEA price evolution
LEA
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $1196.3 | $979.7 | $901.9 | $898.5 |
| Short term investments | ||||
| Net receivables | $3681.2 | $4041.2 | $4259.7 | $4143.1 |
| Inventory | $1758 | $1788.3 | $1702.6 | $1676.2 |
| Total current assets | $7636.9 | $7737.7 | $7831.6 | $7578.6 |
| Long term investments | ||||
| Property, plant & equipment | $2977.4 | $2886 | $2913.1 | $2840.9 |
| Goodwill & intangible assets | $1737.9 | $1714.1 | $1735.8 | $1666.7 |
| Total noncurrent assets | $7058.6 | $6876 | $6966.9 | $6825.6 |
| Total investments | ||||
| Total assets | $14695.5 | $14613.7 | $14798.5 | $14404.2 |
| Current liabilities | ||||
| Accounts payable | $3434.2 | $3556.5 | $3641.3 | $3578.9 |
| Deferred revenue | ||||
| Short long term debt | $27.8 | $27 | $27 | $21.7 |
| Total current liabilities | $5667.2 | $5701.4 | $5775.2 | $5597.6 |
| Long term debt | $2742.6 | $2742.1 | $2741.4 | $2591.6 |
| Total noncurrent liabilities | $3967.7 | $3929 | $3932 | $3777.2 |
| Total debt | $2770.4 | $2769.1 | $2768.4 | $2613.3 |
| Total liabilities | $9634.9 | $9630.4 | $9707.2 | $9374.8 |
| Shareholders' equity | ||||
| Retained earnings | $5601.1 | $5519.3 | $5432.3 | $5310 |
| Other shareholder equity | -$688.8 | -$828.5 | -$681.7 | -$704.8 |
| Total shareholder equity | $4918.8 | $4858.8 | $4980.5 | $4857.7 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $1196.3 | $1114.9 | $1318.3 | $1306.7 |
| Short term investments | ||||
| Net receivables | $3681.2 | $3451.9 | $3041.5 | $3269.2 |
| Inventory | $1758 | $1573.6 | $1571.9 | $1401.1 |
| Total current assets | $7636.9 | $6994.1 | $6765.2 | $6776.7 |
| Long term investments | ||||
| Property, plant & equipment | $2977.4 | $3555.8 | $2720.1 | $2736.2 |
| Goodwill & intangible assets | $1737.9 | $1660.6 | $1657.9 | $1655.8 |
| Total noncurrent assets | $7058.6 | $6768.9 | $6587.2 | $6421.9 |
| Total investments | ||||
| Total assets | $14695.5 | $13763 | $13352.4 | $13198.6 |
| Current liabilities | ||||
| Accounts payable | $3434.2 | $3206.1 | $2952.4 | $3141.6 |
| Deferred revenue | ||||
| Short long term debt | $27.8 | $20.7 | $0.8 | $14.2 |
| Total current liabilities | $5667.2 | $5188.3 | $4759.9 | $5076.7 |
| Long term debt | $2742.6 | $2591.2 | $2595.2 | $2300.3 |
| Total noncurrent liabilities | $3967.7 | $3744.4 | $3784.1 | $3507 |
| Total debt | $2770.4 | $2611.9 | $2596 | $2314.5 |
| Total liabilities | $9634.9 | $9084.2 | $8544 | $8583.7 |
| Shareholders' equity | ||||
| Retained earnings | $5601.1 | $5214.1 | $5072.8 | $4806.8 |
| Other shareholder equity | -$688.8 | -$805.1 | -$770.2 | -$705.1 |
| Total shareholder equity | $4918.8 | $4678.8 | $4643.4 | $4467.3 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $5841.2 | $5781 | $5999.2 | $5845.5 |
| Cost of revenue | $5436 | $5362.8 | $5542.2 | $5415.5 |
| Gross Profit | $405.2 | $418.2 | $457 | $430 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $172.6 | $182.5 | $182.8 | $176.8 |
| Total operating expenses | $187.7 | $198 | $198.8 | $192.7 |
| Operating income | $217.5 | $220.2 | $258.2 | $237.3 |
| Income from continuing operations | ||||
| EBIT | $199 | $205.6 | $236.4 | $213.4 |
| Income tax expense | $46.7 | $47 | $41.5 | $45.6 |
| Interest expense | $25 | $25.7 | $26.2 | $24.2 |
| Net income | ||||
| Net income | $127.3 | $132.9 | $168.7 | $143.6 |
| Income (for common shares) | $127.3 | $132.9 | $168.7 | $143.6 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $23466.9 | $20891.5 | $19263.1 | $17045.5 |
| Cost of revenue | $21756.5 | $19481.6 | $17871.2 | $15936.6 |
| Gross Profit | $1710.4 | $1409.9 | $1391.9 | $1108.9 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $714.7 | $684.8 | $643.2 | $588.9 |
| Total operating expenses | $777.2 | $755.6 | $716.5 | $654.8 |
| Operating income | $933.2 | $654.3 | $675.4 | $454.1 |
| Income from continuing operations | ||||
| EBIT | $854.4 | $560 | $603.4 | $352 |
| Income tax expense | $180.8 | $133.7 | $137.7 | $93.9 |
| Interest expense | $101.1 | $98.6 | $91.8 | $99.6 |
| Net income | ||||
| Net income | $572.5 | $327.7 | $373.9 | $158.5 |
| Income (for common shares) | $572.5 | $327.7 | $373.9 | $158.5 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | $127.3 | $132.9 | $168.7 | $143.6 |
| Operating activities | ||||
| Depreciation | $154.1 | $151.9 | $151.2 | $147.2 |
| Business acquisitions & disposals | -$174.5 | |||
| Stock-based compensation | $67.5 | |||
| Total cash flows from operations | $569.7 | $403.8 | $311.4 | -$35.6 |
| Investing activities | ||||
| Capital expenditures | -$193.2 | -$153.2 | -$168.3 | -$111.8 |
| Investments | ||||
| Total cash flows from investing | -$158.4 | -$153.2 | -$340.4 | -$109.5 |
| Financing activities | ||||
| Dividends paid | -$44.6 | -$45.2 | -$45.3 | -$46.8 |
| Sale and purchase of stock | -$158.5 | -$84.7 | -$28.2 | -$25.1 |
| Net borrowings | -$1.1 | $167.6 | ||
| Total cash flows from financing | -$211.7 | -$159.9 | $34.6 | -$82.5 |
| Effect of exchange rate | $15.7 | -$12.8 | -$1.1 | $11 |
| Change in cash and equivalents | $215.3 | $77.9 | $4.5 | -$216.6 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $572.5 | $327.7 | $373.9 | $158.5 |
| Operating activities | ||||
| Depreciation | $604.4 | $576.5 | $573.9 | $539.9 |
| Business acquisitions & disposals | -$174.5 | -$188.3 | ||
| Stock-based compensation | $67.5 | $52 | $60.3 | $40 |
| Total cash flows from operations | $1249.3 | $1021.4 | $670.1 | $663.1 |
| Investing activities | ||||
| Capital expenditures | -$626.5 | -$638.2 | -$585.1 | -$452.3 |
| Investments | ||||
| Total cash flows from investing | -$761.5 | -$830.3 | -$646.7 | -$468.8 |
| Financing activities | ||||
| Dividends paid | -$181.9 | -$185.5 | -$106.7 | -$67.3 |
| Sale and purchase of stock | -$296.5 | -$100.3 | -$100.3 | -$70 |
| Net borrowings | $166.5 | $8 | $247 | -$38.4 |
| Total cash flows from financing | -$419.5 | -$387.3 | -$13.6 | -$411.7 |
| Effect of exchange rate | $12.8 | -$7.7 | -$3 | $21.5 |
| Change in cash and equivalents | $81.1 | -$203.9 | $6.8 | -$195.9 |
News
Fundamentals
| Market cap | $7.47B |
|---|---|
| Enterprise value | $9.05B |
| Shares outstanding | 56.98M |
| Revenue | $23.47B |
|---|---|
| EBITDA | $1.46B |
| EBIT | $854.40M |
| Net Income | $572.50M |
| Revenue Q/Q | 8.76% |
| Revenue Y/Y | N/A |
| P/E ratio | 13.05 |
|---|---|
| EV/Sales | 0.39 |
| EV/EBITDA | 6.20 |
| EV/EBIT | 10.59 |
| P/S ratio | 0.32 |
| P/B ratio | 1.33 |
| Book/Share | 98.42 |
| Cash/Share | 21.00 |
| EPS | $10.05 |
|---|---|
| ROA | 3.91% |
| ROE | 11.67% |
| Debt/Equity | 1.96 |
|---|---|
| Net debt/EBITDA | 5.78 |
| Current ratio | 1.35 |
| Quick ratio | 1.04 |