← LEAR CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $18.6b |
$20.5b
+10.29%
|
$21.1b
+3.33%
|
$19.8b
-6.33%
|
$17.0b
-13.96%
|
$19.3b
+13.01%
|
$20.9b
+8.45%
|
$23.5b
+12.33%
|
$23.3b
-0.69%
|
$23.3b
-0.20%
|
$23.7b
+1.90%
|
|
| Cost of Revenue | $16.5b |
$18.2b
+10.45%
|
$18.8b
+3.60%
|
$18.1b
-4.02%
|
$15.9b
-11.82%
|
$17.9b
+12.14%
|
$19.5b
+9.01%
|
$21.8b
+11.68%
|
$21.7b
-0.41%
|
$21.8b
+0.41%
|
$22.1b
+1.47%
|
|
| Cost of sales | $16.5b |
$18.2b
+10.45%
|
$18.8b
+3.60%
|
$18.1b
-4.02%
|
$15.9b
-11.82%
|
$17.9b
+12.14%
|
$19.5b
+9.01%
|
$21.8b
+11.68%
|
$21.7b
-0.41%
|
$21.8b
+0.41%
|
$22.1b
+1.47%
|
|
| Gross Profit | $2.1b |
$2.3b
+8.99%
|
$2.3b
+1.19%
|
$1.7b
-25.05%
|
$1.1b
-36.18%
|
$1.4b
+25.52%
|
$1.4b
+1.29%
|
$1.7b
+21.31%
|
$1.6b
-4.16%
|
$1.5b
-8.23%
|
$1.6b
+8.13%
|
|
| Research and Development Expense | $143.7m | $147.9m | $153.5m | $151.2m | — | — | — | — | — | — | — | |
| Selling, General and Administrative Expense | $621.9m | $635.2m | $612.8m | $605.0m | $588.9m | $643.2m | $684.8m | $714.7m | $702.5m | $707.6m | $736.7m | |
| Amortization of Intangible Assets | $53.0m | $47.6m | $51.4m | $62.3m | $65.9m | $73.3m | $70.8m | $62.5m | $49.1m | $19.5m | — | |
| Operating expenses: | ||||||||||||
| Operating Income (Loss) | $1.4b |
$1.6b
+12.69%
|
$1.7b
+2.85%
|
$1.1b
-35.30%
|
$454.1m
-57.57%
|
$675.4m
+48.73%
|
$654.3m
-3.12%
|
$933.2m
+42.63%
|
$887.7m
-4.88%
|
$777.3m
-12.44%
|
$870.5m
+11.99%
|
|
| Interest Expense | $82.5m | $85.7m | $84.1m | $92.0m | $99.6m | $91.8m | $98.6m | $101.1m | $106.2m | $100.8m | $99.4m | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($7.6m) | ($5.1m) | ($14.4m) | ($20.6m) | ($19.9m) | ($24.8m) | ($30.4m) | ($53.0m) | ($21.4m) | ($39.8m) | — | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | — | — | — | — | ($12.9m) | — | — | — | — | — | — | |
| Income (Loss) from Equity Method Investments | $72.4m | $51.7m | $20.2m | $23.2m | $28.5m | $15.8m | $33.1m | $49.3m | $50.0m | $52.0m | — | |
| Other Expenses | $42.2m | $57.2m | $43.8m | $52.2m | $72.2m | $65.4m | $57.2m | $83.7m | $77.0m | $71.0m | — | |
| Other Income | $35.8m | $61.3m | $12.2m | $27.6m | $17.0m | $65.3m | $10.8m | $28.8m | $28.4m | $19.6m | — | |
| Other expense, net | $6.4m | ($4.1m) | $31.6m | $24.6m | $55.2m | $100k | $46.4m | $54.9m | $48.6m | $51.4m | — | |
| Consolidated income before provision for income taxes and equity in net income of affiliates | $1.3b | $1.5b | $1.5b | $953.6m | $299.3m | $583.5m | $509.3m | $777.2m | $732.9m | $625.1m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $457.3m | $449.5m | $726.2m | $317.4m | ($145.0m) | ($110.9m) | $87.6m | $59.9m | ($31.7m) | ($105.9m) | $729.8m | |
| Current Income Tax Expense (Benefit) | — | — | — | — | — | — | — | — | — | $267.0m | $150.1m | |
| Income Tax Expense (Benefit) | $370.2m | $197.5m | $311.9m | $146.1m | $93.9m | $137.7m | $133.7m | $180.8m | $191.1m | $150.0m | $150.1m | |
| Consolidated net income | $1.0b | $1.4b | $1.2b | $830.7m | $233.9m | $461.6m | $408.7m | $645.7m | $591.8m | $527.1m | — | |
| Equity in net income of affiliates | ($72.4m) | ($51.7m) | ($20.2m) | ($23.2m) | ($28.5m) | ($15.8m) | ($33.1m) | ($49.3m) | ($50.0m) | ($52.0m) | — | |
| Net Income (Loss) Attributable to Parent | $975.1m |
$1.3b
+34.69%
|
$1.1b
-12.46%
|
$753.6m
-34.46%
|
$158.5m
-78.97%
|
$373.9m
+135.90%
|
$327.7m
-12.36%
|
$572.5m
+74.70%
|
$506.6m
-11.51%
|
$436.8m
-13.78%
|
$556.0m
+27.29%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | $975.1m |
$1.3b
+32.08%
|
$1.1b
-11.53%
|
$789.5m
-30.71%
|
$158.5m
-79.92%
|
$373.9m
+135.90%
|
$327.7m
-12.36%
|
$572.5m
+74.70%
|
$506.6m
-11.51%
|
$436.8m
-13.78%
|
$556.0m
+27.29%
|
|
| Less: Net income attributable to noncontrolling interests | $65.4m | $67.5m | $96.9m | $77.1m | $75.4m | $87.7m | $81.0m | $73.2m | $85.2m | $90.3m | — | |
| Earnings Per Share, Basic | $13.48 | $18.79 | $17.35 | $12.80 | $2.63 | $6.22 | $5.49 | $9.73 | $9.02 | $8.22 | $10.85 | |
| Earnings Per Share, Diluted | $13.33 | $18.59 | $17.22 | $12.75 | $2.62 | $6.19 | $5.47 | $9.68 | $8.97 | $8.15 | $10.74 | |
| Common Stock, Dividends, Per Share, Declared | $1.23 | $0.50 | $2.84 | $3.02 | $1.12 | $1.78 | $3.11 | $0.77 | $0.77 | $0.77 | — | |
| Average common shares outstanding (in shares) | 72.3m | 68.5m | 65.7m | 61.7m | 60.3m | 60.1m | 59.7m | 58.8m | 56.1m | 53.2m | — | |
| Average diluted shares outstanding (in shares) | 73.1m | 69.3m | 66.2m | 61.9m | 60.4m | 60.4m | 59.9m | 59.1m | 56.5m | 53.6m | — | |
| Weighted Average Number of Shares Outstanding, Basic | 72.3m | 68.5m | 65.7m | 61.7m | 60.3m | 60.1m | 59.7m | 58.8m | 56.1m | 53.2m | 51.6m | |
| Weighted Average Number of Shares Outstanding, Diluted | 73.1m | 69.3m | 66.2m | 61.9m | 60.4m | 60.4m | 59.9m | 59.1m | 56.5m | 53.6m | 52.1m | |
| Additional Financial Items | ||||||||||||
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | $5.0m | $4.0m | $1.0m | — | $7.0m | — | $2.6m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.