Lear Corporation delivered a Q4 2024 revenue of $5.7146 billion, down 4.95% year-over-year and up 2.33% versus the prior quarter. The company reported a gross margin of 7.22% and an operating margin of 4.39%, with EBITDA of $344.1 million. Net income totaled $88.1 million and diluted earnings per share (EPS) came in at $1.61â$1.64, reflecting a meaningful non-cash/one-time expense dynamic in the quarter that weighed on net profitability. The firm generated strong operating cash flow of $680.8 million and free cash flow of $488.7 million, supporting disciplined capital allocation including debt repayment, share repurchases, and dividends, leaving cash and cash equivalents of about $1.055 billion at period end. Net debt stood at approximately $1.8619 billion against a total assets base of $14.0275 billion, with liquidity indicators remaining solid (current ratio ~1.32, quick ratio ~1.03).