Lear Corporation (LEA)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 732,900 | 750,600 | 748,700 | 734,700 | 777,200 | 773,900 | 740,100 | 632,400 | 509,300 | 397,500 | 256,500 | 381,000 | 583,500 | 795,900 | 1,017,200 | 469,600 | 299,300 | 158,200 | 190,000 | 775,200 |
| 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 |
| Pretax margin | 3.14% | 3.20% | 3.17% | 3.11% | 3.31% | 3.37% | 3.30% | 2.94% | 2.44% | 1.95% | 1.32% | 1.99% | 3.03% | 4.06% | 5.02% | 2.62% | 1.76% | 0.95% | 1.15% | 4.06% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $732,900K ÷ $23,304,900K
= 3.14%
The pretax margin of Lear Corporation fluctuated over the past five years, ranging from a low of 0.95% in September 2020 to a high of 5.02% in June 2021. Despite some variability, the pretax margin generally showed a positive trend, with some minor fluctuations along the way. As of December 31, 2024, the pretax margin stood at 3.14%, indicating that the company was able to generate a profit before accounting for taxes equal to 3.14% of its total revenue. The stability and gradual improvement in the pretax margin signal that Lear Corporation has managed to maintain a reasonable level of profitability over the years, although ongoing monitoring is advisable to assess any potential shifts in its financial performance.
Peer comparison
Dec 31, 2024