LEAR CORPLEA

Market cap

$6.2B

P/E ratio

	Dec 31, 2011	Dec 31, 2012	Dec 31, 2013	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Consolidated net income	570	1,317	456	702	796	1,041	1,381	1,247	831	234	462	409	646	592
Equity in net income of affiliates	24	30	38	36	50	72	52	20	23	29	16	33	49	50
Impairment charges	2	7	11	3	6	5	3	6	15	32	20	29	29	11
Deferred tax benefit	-56	-694	45	-58	49	104	-81	87	-38	-85	-55	-49	-59	-57
Depreciation and amortization	246	240	286	311	348	378	428	484	510	540	574	577	604	621
Stock-based compensation	35	40	59	71	66	68	70	41	23	40	60	52	68	64
Net change in recoverable customer engineering, development and tooling	11	-37	3	8	-	-	-	-	-32	-47	-29	-1	-42	-18
Net change in working capital items (see below)	-	-	-	-	-	-	-	-	-	-	-	-	-	129
Changes in other long-term liabilities	-	-	-	-	-	-	-	-	-	-	-	-	-	25
Non-cash loss on pending disposal of a non-core business	-	-	-	-	-	-	-	-	-	-	-	-	-	-24
Other, net	2	-24	15	4	19	-1	-14	39	20	42	23	39	-16	37
Net cash provided by operating activities	790	730	820	928	1,271	1,619	1,783	1,780	1,284	663	670	1,021	1,249	1,120
Additions to property, plant and equipment	330	458	461	425	486	528	595	677	604	452	585	638	627	559
Acquisitions, net of cash acquired	-	244	-	-	-	-	-	-	322	-	-	188	175	1
Other, net	-25	5	-50	6	-20	-47	-18	17	-3	17	62	4	-39	-16
Net cash used in investing activities	-303	-688	-404	-781	-965	-637	-869	-693	-922	-469	-647	-830	-761	-543
Short-term borrowings, net	-	-	-	-	-	-	-	-	-	-	-	-	18	-
Term loan repayments	-	-	-	-	-	-	-	-	-	-	-	-	-	50
Term loan borrowings	-	-	-	-	-	-	-	-	-	-	-	-	150	-
Repurchases of common stock	279	223	1,000	1,900	2,400	3,100	3,500	4,200	4,600	4,700	100	100	297	417
Dividends paid to Lear Corporation shareholders	51	55	58	65	79	89	138	186	186	67	107	186	182	174
Dividends paid to noncontrolling interests	19	23	44	26	28	33	82	79	79	123	81	85	79	75
Other, net	-14	-23	-10	-38	-48	-79	-59	-61	-67	-113	28	-25	-29	21
Net cash used in financing activities	-372	-396	-698	-161	-156	-873	-742	-1,030	-362	-412	-14	-387	-419	-694
Effect of foreign currency translation	-	-	-	-	-	-	-	-36	-9	22	-3	-8	13	-26
Net Change in Cash, Cash Equivalents and Restricted Cash	-	-	-	-	-	-	-	19	-9	-196	7	-204	81	-143
Accounts receivable	-166	112	240	359	173	176	115	-231	116	165	-161	519	148	73
Inventories	-101	60	102	91	-4	54	76	33	69	108	213	30	118	-77
Accounts payable	-217	175	190	231	76	158	195	-199	-5	214	-130	369	162	-49
Accrued liabilities and other	-	-	-	-	-	-	-	-	-	-	-	162	149	-84
Net change in working capital items	-	-	-	-	-	-	-	-	-	-	-	-	-	129
Cash paid for interest	-	-	-	-	-	-	-	97	104	118	92	97	112	116
Income Taxes Paid, Net	80	85	153	155	219	238	284	279	172	142	148	195	218	268