Lear Corporation (LEA)

Return on equity (ROE)

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	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	753,600	839,800	876,400	1,025,000
Total stockholders’ equity	US$ in thousands	4,918,800	4,858,800	4,980,500	4,857,700	4,678,800	4,303,300	4,440,600	4,650,000	4,643,400	4,622,400	4,782,900	4,580,100	4,467,300	4,132,800	3,867,700	4,023,500	4,349,700	4,203,800	4,236,400	4,245,300
ROE		11.64%	11.58%	10.48%	8.69%	7.00%	5.38%	2.54%	4.72%	8.05%	11.99%	15.78%	6.24%	3.55%	2.01%	3.22%	14.94%	17.33%	19.98%	20.69%	24.14%

December 31, 2023 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $572,500K ÷ $4,918,800K
= 11.64%

The return on equity (ROE) of Lear Corp. has shown an improving trend over the past eight quarters, reflecting the company's ability to generate higher profits relative to its shareholders' equity.

In Q4 2023, Lear Corp. achieved an ROE of 11.64%, which was slightly higher compared to the previous quarter (Q3 2023) at 11.58%. This indicates the company's continued efficiency in utilizing shareholder funds to generate profits.

Looking back further, Lear Corp.'s ROE has shown steady improvement from Q1 2022 to Q4 2023. The ROE has increased from 4.72% in Q1 2022 to 11.64% in Q4 2023, demonstrating a positive trajectory in the company's profitability and efficiency.

Overall, Lear Corp.'s ROE performance suggests that the company has been successfully leveraging its shareholder equity to generate returns for investors. An increasing ROE trend over the quarters showcases the company's ability to effectively manage its assets and operations to drive profitability and create value for its shareholders.