Lear Corporation (LEA)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 8,017,000 | 4,765,200 | 4,801,800 | 4,892,900 | 4,918,800 | 4,858,800 | 4,980,500 | 5,029,400 | 4,830,300 | 4,303,300 | 4,440,600 | 4,825,900 | 4,808,400 | 4,622,400 | 4,782,900 | 4,580,100 | 4,614,900 | 4,276,100 | 3,867,700 | 4,023,500 |
| ROE | 6.32% | 11.45% | 11.31% | 11.01% | 11.64% | 11.58% | 10.48% | 8.39% | 6.78% | 5.38% | 2.54% | 4.55% | 7.78% | 11.99% | 15.78% | 6.24% | 3.43% | 1.94% | 3.22% | 14.94% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $506,600K ÷ $8,017,000K
= 6.32%
Lear Corporation's Return on Equity (ROE) has shown fluctuations over the years. From the data provided, we observe that the ROE was relatively high in the first quarter of 2020 at 14.94%. However, the ROE dropped significantly in the subsequent quarters, reaching as low as 1.94% in the third quarter of 2020.
In the following periods, the ROE showed some recovery, with values fluctuating between 1.94% and 15.78%. Notably, there was a substantial improvement in the second quarter of 2021 when the ROE peaked at 15.78%.
As we move towards the latter periods, the ROE appears to stabilize within a range of approximately 5% to 11.64%. It is important to note that the ROE experienced a decline towards the end of 2024, dropping to 6.32% in the fourth quarter.
Overall, Lear Corporation's ROE performance demonstrates variability, with periods of both growth and decline. Further analysis of the company's financial and operational factors would be needed to understand the drivers behind these fluctuations and to assess the sustainability of its return on equity.
Peer comparison
Dec 31, 2024