Lear Corporation (LEA)

Return on assets (ROA)

		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
Total assets	US$ in thousands	14,027,500	14,818,100	14,681,900	14,872,000	14,695,500	14,613,700	14,798,500	14,404,200	13,763,000	13,379,200	13,345,400	13,727,300	13,352,400	13,046,000	13,263,700	13,422,500	13,198,600	12,894,700	12,269,000	13,022,300
ROA		3.61%	3.68%	3.70%	3.62%	3.90%	3.85%	3.53%	2.93%	2.38%	1.73%	0.85%	1.60%	2.80%	4.25%	5.69%	2.13%	1.20%	0.64%	1.01%	4.62%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $506,600K ÷ $14,027,500K
= 3.61%

The return on assets (ROA) of Lear Corporation has shown fluctuations over the reporting periods, ranging from 0.64% to 5.69%. ROA is a key profitability ratio that indicates how efficiently the company is utilizing its assets to generate profit.

In the most recent period, ending December 31, 2024, Lear Corporation's ROA stood at 3.61%, suggesting that the company generated $3.61 in profit for every $100 of assets. This indicates a moderate level of profitability relative to the asset base.

Overall, Lear Corporation's ROA has exhibited variability but has generally remained within a moderate range. It is essential for the company to monitor and manage its asset utilization effectively to sustain and improve its profitability in the future.