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Lear Corporation LEA Restructuring Reserve

Restructuring Reserve at other companies

Leggett & Platt logo
Leggett & PlattLEG
$5.8M
Commercial Vehicle Group logo
Commercial Vehicle GroupCVGI
$164K-54.2%
Cooper-Standard Automotive logo
Cooper-Standard AutomotiveCPS
$32.93M+160%
VC
VisteonVC
$9M+50.0%
BorgWarner logo
BorgWarnerBWA
$4M-42.9%
Littelfuse logo
LittelfuseLFUS
$200K-33.3%

Segments

By segment

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Seating$31M+29.2%
E-Systems$14M-22.2%

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:RestructuringReserve.

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
Balance at January 1, 2026$$91.0
Provision for employee termination benefits37.1
Payments, utilizations and foreign currency(66.2)
Balance at April 4, 2026$$61.9

ITEM 1 — CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FAQ

What is Lear Corporation's restructuring reserve?
Lear Corporation (LEA) reported restructuring reserve of $61.9M in Q1 2026.
How has Lear Corporation's restructuring reserve changed year-over-year?
Lear Corporation's restructuring reserve decreased by 44.1% year-over-year, from $110.7M to $61.9M.
What is the long-term trend for Lear Corporation's restructuring reserve?
Over 3 years (2022 to 2025), Lear Corporation's restructuring reserve has grown at a 3.2% compound annual growth rate (CAGR), from $82.9M to $91M.
What does restructuring reserve mean?
This represents the estimated liability for costs associated with formal restructuring plans, such as severance, facility closures, or asset impairments. It reflects management's commitment to operational efficiency and strategic realignment. These reserves are drawn down as the restructuring activities are executed.

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