Lear Corporation (LEA)
Net profit margin
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 506,600 | 545,800 | 542,900 | 538,500 | 572,500 | 562,700 | 522,100 | 421,900 | 327,700 | 231,700 | 112,900 | 219,600 | 373,900 | 554,000 | 754,900 | 285,800 | 158,500 | 82,900 | 124,400 | 601,100 |
Revenue (ttm) | US$ in thousands | 23,304,900 | 23,431,500 | 23,628,100 | 23,616,000 | 23,466,900 | 22,996,600 | 22,456,800 | 21,528,600 | 20,891,500 | 20,400,400 | 19,427,400 | 19,117,100 | 19,263,100 | 19,626,500 | 20,258,400 | 17,942,200 | 17,045,500 | 16,619,900 | 16,544,800 | 19,107,900 |
Net profit margin | 2.17% | 2.33% | 2.30% | 2.28% | 2.44% | 2.45% | 2.32% | 1.96% | 1.57% | 1.14% | 0.58% | 1.15% | 1.94% | 2.82% | 3.73% | 1.59% | 0.93% | 0.50% | 0.75% | 3.15% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $506,600K ÷ $23,304,900K
= 2.17%
The net profit margin of Lear Corporation has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The net profit margin started at 3.15% in March 2020, decreased to 0.75% in June 2020, and further declined to 0.50% in September 2020. There was a slight improvement to 0.93% by December 2020. The trend continued with fluctuations in subsequent quarters, with the net profit margin reaching its highest point at 3.73% in June 2021.
Although there were fluctuations in the net profit margin, it generally showed an upward trend from September 2021 to March 2024, reaching 2.45% in September 2023, before slightly declining to 2.17% by December 2024. Overall, the net profit margin of Lear Corporation fluctuated between 0.50% and 3.73% during the period under review, indicating variability in the company's profitability relative to its revenue.
Peer comparison
Dec 31, 2024