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Lear Corporation LEA Impairment of assets held for sale

Impairment of assets held for sale at other companies

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Leggett & PlattLEG
$200K-95.8%

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:ImpairmentOfLongLivedAssetsToBeDisposedOf.

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 itemThree Months Ended / April 4,2026Three Months Ended / March 29,2025
Employee termination benefits$37.1$74.8
Asset impairments:
Property, plant and equipment2.12.7
Right-of-use assets0.1
Contract termination costs0.22.0
Other related costs2.74.0
$42.1$83.6

ITEM 1 — CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FAQ

What is Lear Corporation's impairment of assets held for sale?
Lear Corporation (LEA) reported impairment of assets held for sale of $2.1M in Q1 2026.
How has Lear Corporation's impairment of assets held for sale changed year-over-year?
Lear Corporation's impairment of assets held for sale decreased by 22.2% year-over-year, from $2.7M to $2.1M.

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