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Lear Corporation LEA Seating — Restructuring costs and asset impairment charges

Other segment segments

E-Systems
$12.4M-23.9%

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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$7B+29.8%
Enterprise value$9.64B+17.8%
P/E13.3×+2.0×
P/S0.3×+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:RestructuringCostsAndAssetImpairmentCharges.

The official record: Lear Corporation’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lear Corporation's seating — restructuring costs and asset impairment charges?
Lear Corporation (LEA) reported seating — restructuring costs and asset impairment charges of $26.3M in Q1 2026.
How has Lear Corporation's seating — restructuring costs and asset impairment charges changed year-over-year?
Lear Corporation's seating — restructuring costs and asset impairment charges decreased by 57.0% year-over-year, from $61.2M to $26.3M.
What is the long-term trend for Lear Corporation's seating — restructuring costs and asset impairment charges?
Over 4 years (2021 to 2025), Lear Corporation's seating — restructuring costs and asset impairment charges has grown at a 33.7% compound annual growth rate (CAGR), from $45.7M to $146.1M.
What does seating — restructuring costs and asset impairment charges mean?
This metric represents the non-recurring expenses incurred from reorganizing business operations or writing down the carrying value of assets within the seating segment. It reflects management's efforts to optimize the cost structure or respond to declining asset utility in the automotive seating market.