Capital investment and capacitymixed · 5 filings
“In addition, our cash flow is impacted by our ability to manage our inventory and capital spending effectively.”10-Q · Jul 31, 2026 ↗
Lear Corporation
LEA
Market read
Lear Corporation's current read is isolated; its market group is not confirming.
The latest filing evidence is available. 0 of 14 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 13 directly disclosed connections are confirming.
What changed
- Revenue increased 4.7% versus the comparable filing period.
Company+2.4% todayVolume comparison unavailable
Market group0 of 14 activeMixed-Sector · unavailable
Disclosed network0 of 8 confirmingNo filing-linked name is confirming now
What would change this read
Watch this read- Filing discloses reversal of certain 2025 tariff recoveries that affected cost of sales, a timing item that changed reported margins.
- Company reports that selling price reductions partially offset benefits from restructuring and lower restructuring costs.
Invalidation: The isolated read changes if LEA's group or a disclosed connection begins moving with it.
Research brief
The story so far
The latest filing evidence is available. 0 of 14 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 13 directly disclosed connections are confirming.
Evidence that supports
- Revenue increased 4.7% versus the comparable filing period.
- Operating margin improved 1.1 percentage points.
- Net income increased 113.5% versus the comparable filing period.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- Filing discloses reversal of certain 2025 tariff recoveries that affected cost of sales, a timing item that changed reported margins.
- Company reports that selling price reductions partially offset benefits from restructuring and lower restructuring costs.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods9
Price observations328
Usable filing statements84
Verified relationships12
Evidence supporting the case
- Operating cash flow covered net income at 2.49x in the latest annual period.
- Foreign exchange has repeated favorable evidence across 3 filings.
Evidence challenging the case
- Latest annual revenue changed -0.2% year over year.
Questions before a position
No credible peer-relative valuation comparison is available yet.
Longer-term price context
Price as of Sep 11, 2026
130.836m+13.1%12m+20.8%24m—
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2021-12-31$19.3B+13.0%$6.19-0.0%
2022-12-31$20.9B+8.5%$5.47-0.8%
2023-12-31$23.5B+12.3%$9.68-1.3%
2024-12-31$23.3B-0.7%$8.97-4.5%
2025-12-31$23.3B-0.2%$8.15-5.1%
What management says matters
Persistent and emerging business drivers
Pricing and mixmixed · 5 filings
“Commercial recoveries were partially offset by the impact of selling price reductions.”10-Q · Jul 31, 2026 ↗
Restructuring and cost reductionsmixed · 4 filings
“The impact of favorable operating performance, including the benefit of operational restructuring actions, and lower restructuring costs was partially offset by selling price reductions.”10-Q · May 1, 2026 ↗
Foreign exchangepositive · 3 filings
“These decreases were partially offset by new business and the impact of foreign exchange rate 45 Table of Contents fluctuations, which increased net sales by $148 million and $66 million, respectively.”10-K · Feb 13, 2026 ↗
Valuation discipline
Peer-relative valuation withheld
Jodie found no industry-matched filing peers suitable for a valuation comparison. It will not substitute broader financial-sector names.
Scenario scaffold
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
130.83+2.4% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for LEA. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Latest filing assessment · baseline
Fundamentals strengthened in the latest filing
10-Q filed 2026-05-01 against the comparable filing from 2025-05-06.
OperationsconstructiveEvidence score +3
liquidityneutralEvidence score 0
valuationdiscount
What improved
- Revenue increased 4.7% versus the comparable filing period.
- Operating margin improved 1.1 percentage points.
- Net income increased 113.5% versus the comparable filing period.
What weakened
No thresholded deterioration was identified.
Filing receipts
“These increases were partially offset by the reversal of certain 2025 tariff recoveries and the impact of selling price reductions. (in millions) Cost of Sales First quarter 2025 $ 5,201.1 Material cost 126.3 Labor cost 92.7 Depreciation 2.9 Other (50.5) First quarter 2026 $ 5,372.5 Cost of sales was $5.4 billion in the first quarter of 2026, as compared to $5.2 billion in the first quarter of 2025.”
“These increases were partially offset by the reversal of certain 2025 tariff costs, which reduced cost of sales.”
“Working capital can be significantly impacted by the timing of cash flows from sales, purchases, and tariff costs and recoveries.”
Retrospective baseline calibration. It was generated after the filing date and is not part of Jodie's live track record.
Business ecosystem
The relationships behind LEA
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
PLTRPalantir Technologies Inc.partnerMay 1, 2026 ▾
“We are leveraging our internal capabilities through strategic partnerships (e.g., Palantir Technologies, Inc.) and acquisitions to rapidly develop and deploy automation and AI solutions.”
FFord Motor CompanycustomerFeb 13, 2026 ▾
“Customers The top five customers of our E-Systems segment are: Ford, General Motors, Jaguar Land Rover, Geely (including Polestar and Volvo) and Volkswagen.”
Depended on by
THRM16.0% of THRMcustomerFeb 19, 2026 ▾
“For 2025, our revenues from sales to our two largest customers, Lear Corporation (“Lear”) and Adient plc (“Adient”) were $234 million and $164 million, respectively, representing 16% and 11% of our product revenues, respectively.”
Filing peers
No filing peers are available for this name yet.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 10 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
LEA is currently a Follower in the organic co-movement group Mixed-Sector. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.