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Lear Corp (LEA)

Lear Corp (LEA)
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Lear Corp., being a Tier 1 supplier to the global automotive industry, supplies automotive seating and electrical systems (E-Systems). It caters to several major automakers in the world. The primary customers of the company are automotive original equipment manufacturers. The Seating business involves designing, development, engineering, assembling and delivery of complete seat systems and seat components, including seat covers and surface materials such as leather and fabric, seat structures and mechanisms, seat foam and headrests. The top five customers of the company's Seating segment include General Motors, Daimler, Stellantis, Volkswagen and Ford. The E-Systems business involves designing, development, engineering and manufacturing of complete electrical distribution systems. The top five customers of the firm's E-Systems segment include Ford, Renault-Nissan, Jaguar Land Rover, Geely and Volkswagen.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Sep, 2024 Jun, 2024 Mar, 2024 Dec, 2023 Sep, 2023
Sales 5,584,400 6,012,400 5,994,600 5,841,200 5,781,000
Sales Growth -7.12% +0.30% +2.63% +1.04% -3.64%
Net Income 135,800 173,100 109,600 127,300 132,900
Net Income Growth -21.55% +57.94% -13.90% -4.21% -21.22%
(Values in U.S. Thousands) Sep, 2024 Jun, 2024 Mar, 2024 Dec, 2023 Sep, 2023
Total Assets 14,818,100 14,681,900 14,872,000 14,695,500 14,613,700
Total Assets Growth +0.93% -1.28% +1.20% +0.56% -1.25%
Total Liabilities 9,923,800 9,767,900 9,885,800 9,634,900 9,630,400
Total Liabilities Growth +1.60% -1.19% +2.60% +0.05% -0.79%
(Values in U.S. Thousands) Sep, 2024 Jun, 2024 Mar, 2024 Dec, 2023 Sep, 2023
Operating Cash Flow 439,300 256,600 -34,600 1,249,300 679,600
Operating Cash Flow Growth +71.20% +841.62% -102.77% +83.83% +146.41%
Net Cash Flow -430,800 -244,900 -266,100 81,100 -134,200
Change in Net Cash Flow -75.91% +7.97% -428.11% +160.43% +36.73%
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