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Lear Corporation LEA Net change in recoverable customer engineering, development and tooling

Net change in recoverable customer engineering, development and tooling at other companies

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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 lear:IncreaseDecreaseInRecoverableCustomerEngineeringDevelopmentAndTooling.

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 net change in recoverable customer engineering, development and tooling?
Lear Corporation (LEA) reported net change in recoverable customer engineering, development and tooling of -$19.4M in Q1 2026.
How has Lear Corporation's net change in recoverable customer engineering, development and tooling changed year-over-year?
Lear Corporation's net change in recoverable customer engineering, development and tooling decreased by 71.7% year-over-year, from -$11.3M to -$19.4M.
What does net change in recoverable customer engineering, development and tooling mean?
Represents the net cash impact of costs incurred for customer-specific engineering, development, and tooling projects that are contractually reimbursable by the customer. This metric reflects the timing difference between cash outlays for development activities and the subsequent collection of payments from automotive original equipment manufacturers. It serves as a key indicator of working capital efficiency related to long-term customer programs.