Lear Historical Income Statement
LEA Stock | USD 97.25 0.45 0.46% |
Historical analysis of Lear income statement accounts such as Gross Profit of 1.4 B can show how well Lear Corporation performed in making a profits. Evaluating Lear income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Lear's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Lear latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Lear is a good buy for the upcoming year.
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About Lear Income Statement Analysis
Lear Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Lear shareholders. The income statement also shows Lear investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Lear Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Lear generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Lear Corporation minus its cost of goods sold. It is profit before Lear operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Operating Income
Operating Income is the amount of profit realized from Lear operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Lear Corporation is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Cost Of Revenue
Cost of Revenue is found on Lear income statement and represents the costs associated with goods and services Lear provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from Lear's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Lear current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lear Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. At present, Lear's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 706.5 M, whereas Interest Expense is forecasted to decline to about 67 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.4B | 1.4B | 1.8B | 1.4B | Total Revenue | 19.3B | 20.9B | 23.5B | 15.9B |
Lear income statement Correlations
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Lear income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 62.3M | 539.9M | 573.9M | 576.5M | 602.5M | 632.6M | |
Interest Expense | 92M | 99.6M | 91.8M | 98.6M | 101.1M | 67.0M | |
Total Revenue | 19.8B | 17.0B | 19.3B | 20.9B | 23.5B | 15.9B | |
Gross Profit | 1.7B | 1.1B | 1.4B | 1.4B | 1.8B | 1.4B | |
Other Operating Expenses | 18.7B | 16.6B | 18.6B | 20.2B | 22.9B | 15.2B | |
Operating Income | 1.0B | 398.9M | 675.3M | 607.9M | 536.5M | 706.5M | |
Ebit | 1.0B | 593.4M | 672.9M | 605.5M | 1.1B | 825.5M | |
Ebitda | 1.1B | 1.1B | 1.2B | 1.2B | 1.7B | 1.1B | |
Cost Of Revenue | 18.1B | 15.9B | 17.9B | 19.5B | 21.6B | 14.5B | |
Total Operating Expenses | 667.3M | 654.8M | 716.5M | 755.6M | 1.3B | 1.4B | |
Income Before Tax | 953.6M | 299.3M | 583.5M | 509.3M | 777.2M | 500.5M | |
Total Other Income Expense Net | (92M) | (36.7M) | 22.5M | (60.8M) | 240.7M | 252.7M | |
Net Income | 753.6M | 158.5M | 373.9M | 327.7M | 572.5M | 354.8M | |
Income Tax Expense | 146.1M | 93.9M | 137.7M | 133.7M | 180.8M | 121.3M | |
Selling General Administrative | 605M | 588.9M | 643.2M | 684.8M | 714.7M | 560.2M | |
Research Development | 316.6M | 327.3M | 310.2M | 318.8M | 611.4M | 642.0M | |
Net Income Applicable To Common Shares | 753.6M | 158.5M | 373.9M | 327.7M | 376.9M | 640.3M | |
Minority Interest | 77.1M | 75.4M | (87.7M) | (81M) | (73.2M) | (69.5M) | |
Net Income From Continuing Ops | 807.5M | 205.4M | 461.6M | 408.7M | 645.7M | 693.5M | |
Non Operating Income Net Other | 23.2M | 28.5M | 15.8M | 33.1M | 29.8M | 28.2M | |
Tax Provision | 146.1M | 93.9M | 137.7M | 133.7M | 180.8M | 165.1M | |
Interest Income | 92M | 99.6M | 91.8M | 98.6M | 113.4M | 99.1M | |
Net Interest Income | (92M) | (99.6M) | (91.8M) | (98.6M) | (101.1M) | (106.2M) | |
Reconciled Depreciation | 509.9M | 539.9M | 73.3M | 70.8M | 604.4M | 309.8M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Lear offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lear's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lear Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lear Corporation Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lear Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Automotive Parts & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lear. If investors know Lear will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lear listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.071 | Dividend Share 3.08 | Earnings Share 9.55 | Revenue Per Share 410.529 | Quarterly Revenue Growth (0.03) |
The market value of Lear is measured differently than its book value, which is the value of Lear that is recorded on the company's balance sheet. Investors also form their own opinion of Lear's value that differs from its market value or its book value, called intrinsic value, which is Lear's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lear's market value can be influenced by many factors that don't directly affect Lear's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lear's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lear is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lear's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.