Lear Corporation
0JTQ.L
$104.60 -4.19%
Exchange: LSE | Sector: Consumer Cyclical | Industry: Auto Parts
Q4 2024
Published: Feb 14, 2025

Earnings Highlights

  • Revenue of $5.71B down 5% year-over-year
  • EPS of $1.61 decreased by 46.1% from previous year
  • Gross margin of 6.8%
  • Net income of 88.10M
  • "N/A" - N/A
0JTQ.L
Company 0JTQ.L

Executive Summary

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 $1.61–$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).

Key Performance Indicators

Revenue
Decreasing
5.71B
QoQ: 2.33% | YoY: -4.95%
Gross Profit
Decreasing
387.10M
6.77% margin
QoQ: -4.49% | YoY: -13.75%
Operating Income
Decreasing
251.10M
QoQ: 7.26% | YoY: -7.99%
Net Income
Decreasing
88.10M
QoQ: -35.13% | YoY: -49.10%
EPS
Decreasing
1.64
QoQ: -32.23% | YoY: -46.05%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q3 2025 5,679.80 2.01 +1.7% View
Q2 2025 6,030.40 3.06 +8.0% View
Q1 2025 5,560.30 1.49 -7.5% View
Q4 2024 5,714.60 1.61 -5.0% View
Q3 2024 5,583.60 2.41 -6.8% View