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Lear Corporation LEA E-Systems — Goodwill

Other segment segments

Seating
$1.37B+3.4%

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Other financials

Income statement

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Revenue$5.8B+4.7%
Gross profit$450.3M+25.4%
Operating income$255.0M+40.4%
Net income$172.3M+114%
EPS (diluted)$3.34+124%

Balance sheet

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Cash & equivalents$884.5M+13.0%
Total debt$3.5B+0.5%
Total equity$5.1B+9.2%
Total assets$15.5B+5.7%

Cash flow

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Operating cash flow$98.1M+177%
CapEx$124.6M+19.8%
Free cash flow-$26.5M+88.6%

Valuation

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Market cap$8.34B+64.6%
Enterprise value$10.98B+42.2%
P/E15.8×+5.0×
P/S0.4×+0.1×

Profitability

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Gross margin6.8%-0.2pp
Operating margin3.7%
Net margin2.2%+0.2pp
FCF margin3.1%+1.0pp

Returns & leverage

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Return on equity10.8%+0.8pp
Debt / equity0.7×-0.1×
Current ratio1.3×0.0×

Where this comes from

Reported directly by Lear Corporation in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The source filing: Lear Corporation’s 10-Q, filed May 1, 2026.

Filed
May 1, 2026, 9:15 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000842162-26-000038
Line itemSeatingE-SystemsTotal
Balance at January 1, 2026$1,375.2$402.6$1,777.8
Foreign currency translation and other(4.7)2.7(2.0)
Balance at April 4, 2026$1,370.5$405.3$1,775.8

ITEM 1 — CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FAQ

What is Lear Corporation's e-systems — goodwill?
Lear Corporation (LEA) reported e-systems — goodwill of $405.3M in Q1 2026.
How has Lear Corporation's e-systems — goodwill changed year-over-year?
Lear Corporation's e-systems — goodwill increased by 1.8% year-over-year, from $398M to $405.3M.
What is the long-term trend for Lear Corporation's e-systems — goodwill?
Over 4 years (2021 to 2025), Lear Corporation's e-systems — goodwill has grown at a -0.4% compound annual growth rate (CAGR), from $1.63B to $1.6B.
What does e-systems — goodwill mean?
This metric represents the intangible asset value recorded when the E-Systems segment acquires another business for a price exceeding the fair market value of its net identifiable assets. It reflects the premium paid for synergies, brand reputation, and market position within the automotive electrical and electronic systems space.

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