Lear Corporation (LEA)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 887,700 | 536,500 | 607,900 | 675,300 | 398,900 |
| Revenue | US$ in thousands | 23,306,000 | 23,466,900 | 20,891,500 | 19,263,100 | 17,045,500 |
| Operating profit margin | 3.81% | 2.29% | 2.91% | 3.51% | 2.34% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $887,700K ÷ $23,306,000K
= 3.81%
The operating profit margin of Lear Corporation has shown some fluctuations over the past five years. In December 2020, the operating profit margin was at 2.34%, which increased to 3.51% by December 2021, reflecting improved profitability. However, in December 2022, the operating profit margin decreased slightly to 2.91%, and further declined to 2.29% by December 2023.
The trend reversed in December 2024, with the operating profit margin rising significantly to 3.81%, indicating a notable improvement in profitability during that year. Overall, while there have been fluctuations in the operating profit margin of Lear Corporation, the recent increase in December 2024 suggests a positive trajectory in terms of profitability.
Peer comparison
Dec 31, 2024