Lear Corporation (LEA) Stock

Lear Corporation (LEA) is a Consumer Discretionary stock trading at $144.98 (as of 2026-07-27), with a market capitalization of $7.26B and a trailing P/E of 13.7. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Lear Corporation designs, develops, engineers, manufactures, assembles, and supplies automotive seating and electrical distribution systems for automotive original equipment manufacturers. Its Seating segment provides seat systems and related components, while its E-Systems segment supplies electrical distribution and connection products, wire harnesses, connectors, and related modules and junction boxes across regions including North America, Europe, Africa, Asia, and South America.

Understand Lear Corporation: how it makes money

Lear designs, develops, engineers, manufactures, and supplies automotive seating and electrical distribution systems (and related components) to automotive original equipment manufacturers (OEMs), earning revenue by selling these components for vehicle programs.

Lear’s profit engine is the step from quote activity to awarded business (the work captured in its quote pipeline and awarded business metrics), which then needs to be matched by underlying vehicle production demand.

Business quality (Weak): Automotive OEM supplier with thin profitability (gross margin 7.7%, operating margin 4.4%), where operating progress appears closely tied to quote pipeline and awarded business, so volume and program conversion risks matter.

Valuation: At 14× earnings, LEA trades 30% below the Automobiles & Trucks average (20×). Note: one-time items can distort reported P/E.

Bull case

  • Systems pipeline is sizeable: Electronic Systems Quote Pipeline is 2.0 USD_B, and Conquest Opportunities Quoted is 3.0 USD_B.
  • Program conversion shows up in awarded business: Awarded Business (Annual Sales) is 0.75 USD_B, and Win Rate for Programs Quoted is 80%.

Bear case

  • Auto production swings can pressure results: Vehicle Production is down in North America (Year over Year, -3.0%) and Europe (Year over Year, -8.0%), while Global Vehicle Production shows a Quarterly Decrease of 13.0%.
  • Margins are tight: Reported gross margin is 7.7% and operating margin is 4.4%, leaving less buffer if costs or volumes move against the company.
Valuation — source: SEC EDGAR (first-party)
Price$144.98
Market Cap$7.26B
P/E Ratio13.7
EV / EBITDA4.4
Price / Book1.38
Price / Sales0.31
FCF Yield10.1%
DCF Value (model)$199.43
DCF Upside vs Price37.6%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$23.26B
Net Margin1.9%
Revenue Growth (YoY)4.7%
EPS Growth (YoY)125.3%
FCF Growth (YoY)-88.6%
Financial Health — source: SEC EDGAR
Altman Z-Score2.94 (grey)
Piotroski F-Score6/9 (moderate)
Valuation vs Sector & Industry
Stock P/E13.7
Sector P/E (Consumer Discretionary)21.8
Industry P/E (Automobiles & Trucks)18.8
vs Sector-37.0%
vs Industry-26.7%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderPZENA INVESTMENT MANAGEMENT LLC ($818.32M)
Institutional Holders Tracked10
Congressional Trades (recent)3
Company
SectorConsumer Discretionary
IndustryAutomobiles & Trucks
CEORaymond E. Scott Jr.
Employees173,700
CountryUS
IPO Date2009-11-09

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LEA earnings history · LEA institutional & insider holders · LEA KPIs & operating metrics · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-07-27.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.