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Lear Corporation LEA Business Segments

FY'25FY'24FY'23FY'22
Net Sales by Business
E-Systems$5.98B-1.8%$6.08B+2.8%$5.92B+14.2%$5.18B+6.8%
Seating$17.28B+0.4%$17.22B-1.9%$17.55B+11.7%$15.71B+9.0%
Gross Profit by Business
E-Systems$348M-17.5%$421.8M+2.2%$412.6M+42.3%$289.9M
Seating$1.32B-4.1%$1.38B-5.4%$1.46B+17.6%$1.24B
Operating Income (Loss) by Business
E-Systems$186.2M-24.7%$247.4M+8.1%$228.9M+208%$74.4M-38.6%
Seating$948.8M-4.0%$988.5M-7.3%$1.07B+19.5%$893M+4.9%
Total Assets by Business
E-Systems$16.33B+1.2%$16.14B0.0%$16.14B+11.4%$14.49B+2.5%
Seating$35.2B+3.0%$34.18B-0.5%$34.34B+8.2%$31.74B+5.4%
Cost of Sales by Business
E-Systems$5.89B0.0%$5.89B+2.8%$5.73B+12.8%$5.08B
Seating$15.96B+0.7%$15.85B-1.5%$16.09B+11.2%$14.47B
Selling, general and administrative expenses by Business
E-Systems$144.9M-6.3%$154.6M-1.3%$156.6M-12.4%$178.7M
Seating$355.2M+1.9%$348.7M+0.6%$346.5M+12.9%$306.9M
Intersegment support activities by Business
E-Systems$9.7M+22.8%$7.9M+119%$3.6M-21.7%$4.6M
Seating$7.8M+39.3%$5.6M-20.0%$7M+150%$2.8M
Company recorded E&D cost related to sale rate by Business
E-Systems4%0.0pp4%0.0pp4%-1.0pp5%-1.0pp
Seating2%0.0pp2%
Foreign currency translation and other by Business
E-Systems-$9.3M-400%$3.1M0.0%$3.1M-65.9%$9.1M+142%
Seating-$69.3M-355%$27.2M$16.1M-17.4%
Restructuring costs and asset impairment charges by Business
E-Systems$98.3M+227%$30.1M-1.3%$30.5M-63.2%$82.8M+73.6%
Seating$146.1M+44.9%$100.8M+1.3%$99.5M+52.4%$65.3M+42.9%
Intangible Amortization by Business
E-Systems$7.2M-39.5%$11.9M-49.4%$23.5M-27.0%$32.2M
Seating$12.3M-66.9%$37.2M-4.6%$39M+1.0%$38.6M
Expected restructuring costs by Business
E-Systems$46M-14.8%$54M+157%$21M
Seating$88M-55.6%$198M+67.8%$118M
Goodwill by Business
E-Systems$1.6B+1.4%$1.58B-0.3%$1.58B-1.4%$1.61B-1.2%
Seating$5.42B+2.0%$5.31B+0.8%$5.27B+5.7%$4.99B-0.6%
CapEx by Business
E-Systems$171.2M+2.7%$166.7M-36.2%$261.3M+8.3%$241.3M+11.1%
Seating$370.3M-1.3%$375M+8.8%$344.6M-6.7%$369.4M+8.4%
Depreciation expense by Business
E-Systems$187.7M+4.2%$180.1M+8.6%$165.8M+6.3%$156M-20.3%
Seating$375.3M+1.2%$370.9M+4.4%$355.4M+7.4%$331M-8.7%
Company recorded E&D costs by Business
E-Systems$215.4M-0.1%$215.7M-6.4%$230.5M-4.1%$240.4M-10.2%
Seating$377.7M-8.7%$413.9M
Inventories by Business
E-Systems$3.33B+3.2%$3.23B
Seating$3.49B-2.5%$3.58B
Net Sales by Geography
Asia$4.56B+3.7%$4.39B-1.2%$4.45B+6.3%$4.18B-1.1%
Europe and Africa$8.03B-3.2%$8.3B-3.6%$8.61B+24.0%$6.95B+3.0%
North America$9.81B+0.6%$9.75B+2.6%$9.5B+6.7%$8.91B+18.1%
South America$863.9M-0.3%$866.1M-4.4%$905.9M+6.4%$851.6M+14.8%
Sales to affiliates by Geography
China$3.04B+2.4%$2.97B-2.5%$3.04B+2.3%$2.98B-1.4%
Germany$1.18B-13.9%$1.36B-2.7%$1.4B+15.8%$1.21B-7.6%
Mexico$3.56B-3.2%$3.67B+7.0%$3.43B+7.9%$3.18B+29.1%
Morocco$1.3B+6.4%$1.22B+12.3%$1.09B+39.5%$778.4M
United States$5.29B+4.8%$5.05B+3.8%$4.86B+2.4%$4.75B+7.7%

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Questions, answered.

How does Lear Corporation break its business down?
Lear Corporation (LEA) reports net sales by business across 2 parts — E-Systems and Seating. Each is extracted from the segment footnotes and tracked over time.
Where does Lear Corporation's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Lear Corporation's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.