
Lear Corp
NYSE:LEA

Lear Corp
Net Income
Lear Corp
Net Income Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Net Income | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
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Lear Corp
NYSE:LEA
|
Net Income
$591.8m
|
CAGR 3-Years
9%
|
CAGR 5-Years
-7%
|
CAGR 10-Years
-2%
|
|
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Modine Manufacturing Co
NYSE:MOD
|
Net Income
$161.5m
|
CAGR 3-Years
37%
|
CAGR 5-Years
72%
|
CAGR 10-Years
1%
|
|
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Dorman Products Inc
NASDAQ:DORM
|
Net Income
$190m
|
CAGR 3-Years
13%
|
CAGR 5-Years
18%
|
CAGR 10-Years
8%
|
|
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Patrick Industries Inc
NASDAQ:PATK
|
Net Income
$138.4m
|
CAGR 3-Years
-15%
|
CAGR 5-Years
9%
|
CAGR 10-Years
16%
|
|
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Gentex Corp
NASDAQ:GNTX
|
Net Income
$404.5m
|
CAGR 3-Years
4%
|
CAGR 5-Years
-1%
|
CAGR 10-Years
3%
|
|
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Borgwarner Inc
NYSE:BWA
|
Net Income
$399m
|
CAGR 3-Years
-15%
|
CAGR 5-Years
-13%
|
CAGR 10-Years
-5%
|
Lear Corp
Glance View
Lear Corporation's journey began in Detroit in 1917, initially serving the airline industry before pivoting to automobiles, an industry with which it has become synonymous. This strategic shift has seen Lear evolve into a pivotal player within the global automotive supply chain, focusing primarily on seating and electrical systems. Its business model is intricately woven with the complexities of the automotive industry, where innovation, efficiency, and partnerships play crucial roles. Lear designs, manufactures, and supplies seating systems that enhance comfort and safety, aligning with automakers worldwide. Through a combination of cutting-edge technology and design expertise, Lear ensures its products meet the rigorous demands of today's vehicles, catering to a diverse range of global automobile manufacturers. Driving success through its dual segments—Seating and E-Systems—Lear generates revenue by embedding itself deeply in the production cycles and supply chains of major car manufacturers. The Seating division, responsible for plush, ergonomically designed automotive seats, functions as a stalwart revenue generator, while the E-Systems segment, dealing with complex electrical distribution networks, drives growth through innovation in connectivity and smart vehicle solutions. This integration not only enhances a vehicle's appeal to consumers but also helps manufacturers meet heightened regulatory standards and technological demands. By capitalizing on its expertise in these domains, Lear consistently translates its initiatives into financial results, finding opportunity in the ever-evolving landscape of the automotive industry.

See Also
What is Lear Corp's Net Income?
Net Income
591.8m
USD
Based on the financial report for Dec 31, 2024, Lear Corp's Net Income amounts to 591.8m USD.
What is Lear Corp's Net Income growth rate?
Net Income CAGR 10Y
-2%
Over the last year, the Net Income growth was -8%. The average annual Net Income growth rates for Lear Corp have been 9% over the past three years , -7% over the past five years , and -2% over the past ten years .