Lear LEA

NYSE · Motor Vehicle Parts & Accessories · $5.9B
$114.10−3.88%Nov 5 close · Databento
Every report since 2023 →
🔒 Click to interact · scroll moves the page
LEA Wire Story Reactions & EOD Technical StudyDaily closes (Databento EOD) pinned with every AlgoThesis Wire story (dot colour = next trading day close) and SEC filing
Nov 5, 2026CLOSE $114.101D −3.88%3M −5.60%SMA20 $118.32SMA50 $121.64RSI(14) 39.7
114.10
RSI (14, Wilder EOD) · 70 Overbought / 30 OversoldRSI 39.7

Data provided by Databento (end of day). Next close = the first close after a story against the close before it; official daily closes only, not a call, not advice.

1 story has a settled next close so far (1 on the Wire). The record starts speaking at three.

The numbers

fiscal 2025, as filed with the SEC · 66-metric EOD snapshot via Databento
Market cap$5.9B
EV / True FCF15.5x
Revenue$23.3B −0.2%
True FCF (ex-SBC)$461.0M −6.1%
Rule of 402.1%
ROIC9.1%
True FCF Yield7.9%
EPS, diluted$8.15 −9.1%
Modern Valuation (EOD)
Market Cap$5.9B
Enterprise Value$7.2B
EV / True FCF15.53
EV / FCF13.58
EV / Gross Profit4.76
EV / EBIT9.21
EV / Sales0.31
P / E (GAAP)13.40
P / FCF11.11
P / Oper. CF5.38
P / Book1.13
Owner & Cash Yields
True FCF Yield7.9%
FCF Yield9.0%
Owner Earn. Yield7.1%
Earnings Yield7.5%
Shareholder Yield+7.2%
Buyback Yield5.6%
Dividend Yield0.67%
Dividend / sh$0.77
Payout Ratio38%
FCF / sh$10.94
EPS (diluted)$8.15
Compounder & Returns
Rule of 402.1%
ROIC9.1%
Cash ROIC (CROIC)8.1%
GP / Assets10.1%
ROE8.4%
ROA2.9%
Gross Margin6.5%
Oper. Margin3.3%
Net Margin1.9%
FCF Margin2.3%
True FCF Margin2.0%
Quality & Dilution
Cash Conversion121%
Accrual Ratio−4.4%
SBC % of FCF12.6%
SBC % of Rev0.3%
Reinvest. Rate66%
Sales Growth Y/Y−0.2%
Sales 3Y CAGR+3.6%
EPS Growth Y/Y−9.1%
FCF Growth Y/Y−6.1%
FCF 3Y CAGR+11.2%
Share Change Y/Y−5.1%
Balance Sheet & Scale
Revenue (FY)$23.3B
Gross Profit (FY)$1.5B
Oper. Income (FY)$777.3M
GAAP Net Income$436.8M
True FCF (ex-SBC)$461.0M
Cash & Equiv$1.0B
Total Debt$2.3B
Net Cash (Debt)$-1.3B
Net Cash % MCap−22.2%
Debt / FCF (yrs)4.4y
Current Ratio1.3548.19M sh
Price & Technicals (EOD)
Perf Week−2.79%
Perf Month−4.62%
Perf Quarter−7.11%
Perf Half Y−15.66%
Perf YTD−11.48%
SMA 20 Dist−3.57%$118.32
SMA 50 Dist−6.20%$121.64
SMA 100 Dist−10.44%$127.41
Window High−23.26%$148.68
Window Low0.00%$114.10
RSI (14) · Vol39.729%v
Income Distribution & Cash Flow ConversionHow every dollar of LEA revenue flows through cost of goods, operating expenses, taxes, GAAP net income, and dilution-adjusted free cash flow
REVENUE · 100%$23.3BGROSS PROFIT · 6.5%$1.5BCOST OF REV · 93.5%$21.8BOPER. INCOME · 3.3%$777.3MNET INCOME · 1.9%$436.8M
Where Every $100 of Revenue Goes (FY2025)
Cost of Revenue (COGS)$21.8B ($93.5 / $100)
R&D Reinvestment$151.2M ($0.7 / $100)
SG&A & Other OpEx$707.6M ($3.0 / $100)
Tax & Non-Operating$340.5M ($1.5 / $100)
Net Profit Kept$436.8M ($1.3 / $100)
Earnings Quality: GAAP Profit → True Owner Cash (FY2025)
GAAP Net Income$436.8M (1.9% margin)
Operating Cash Flow (OCF)$1.1B(4.7% of rev)
Less: Capital Expenditures−$561.6M(2.4% of rev)
Standard Free Cash Flow (FCF)$527.2M(2.3% margin)
Less: Stock-Based Comp (SBC)−$66.2M(12.6% of FCF)
True FCF (Owner Cash ex-SBC)$461.0M(2.0% of rev)

Operating leverage — margins

GrossOperatingNet
0%40%80%6%3%2%FY21FY22FY23FY24FY25
Unlocked SEC EDGAR Accounting Statements (USD)All 3 statements · Common-size (% of Revenue / Assets) · YoY growth · Tap any core row to explain
Line Item (USD)FY2021FY2022FY2023FY2024FY2025YoY Δ4Y CAGRTrend
Income Statement
Cost of Revenue (COGS)$17.9B$19.5B$21.8B$21.7B$21.8B+0.4%+5.0%
Research & Development (R&D)————$151.2M——
Selling, General & Admin (SG&A)$643.2M$684.8M$714.7M$702.5M$707.6M+0.7%+2.4%
Total Operating Expenses—$755.6M$777.2M$751.6M$727.1M−3.3%−1.3%
Interest Expense$91.8M$98.6M$101.1M$106.2M$100.8M−5.1%+2.4%
Income Tax Expense$137.7M$133.7M$180.8M$191.1M$150.0M−21.5%+2.2%
Diluted Shares60.4M59.9M59.1M56.5M53.6M−5.1%−3.0%
Balance Sheet
Cash & Equivalents$1.3B$1.1B$1.2B$1.1B$1.0B−1.9%−5.9%
Inventory$1.6B$1.6B$1.8B$1.6B$1.7B+5.8%+1.9%
Total Current Assets$6.8B$7.0B$7.6B$7.2B$7.7B+6.7%+3.2%
Total Assets$13.4B$13.8B$14.7B$14.0B$14.8B+5.8%+2.7%
Total Current Liabilities$4.8B$5.2B$5.7B$5.4B$5.7B+4.0%+4.5%
Total Debt (Short + Long Term)$2.3B$2.3B$2.3B$2.3B$2.3B+0.0%+0.0%
Stockholders' Equity$4.8B$4.8B$5.1B$4.6B$5.2B+13.0%+2.0%
Net Cash / (Net Debt)$-1.0B$-1.2B$-1.1B$-1.3B$-1.3B−1.6%—
Invested Capital$5.8B$6.1B$6.2B$5.9B$6.5B+10.5%+2.8%
Cash Flow & Capital Allocation
Depreciation & Amortization (D&A)$573.9M$576.5M$604.4M$620.7M$604.1M−2.7%+1.3%
Stock-Based Compensation (SBC)$60.3M$52.0M$67.5M$64.4M$66.2M+2.8%+2.4%
Capital Expenditures (CapEx)$585.1M$638.2M$626.5M$558.7M$561.6M+0.5%−1.0%
True FCF (ex-SBC Owner Cash)$24.7M$331.2M$555.3M$497.0M$461.0M−7.2%+107.9%
Share Repurchases (Buybacks)$100.3M$100.3M$296.5M$416.7M$325.2M−22.0%+34.2%
Dividends Paid$106.7M$185.5M$181.9M$173.7M$164.8M−5.1%+11.5%

Fundamentals, income distribution and multi-year statements from SEC EDGAR filings (public domain). Valuation multiples, performance and technicals computed from Databento 1D EOD closes. For information only, not investment advice.

On the Wire

what LEA did at the next close after each story
Oct 30+0.90%
The Wire at 7 AM ET, free. Top stories with a bull and a bear case on each, every morning. No account needed.