Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Lear's annualizedGross Profit for the quarter that ended in Dec. 2023 was $1,621 Mil.
Lear's average Total Assets over the quarter that ended in Dec. 2023 was $14,655 Mil. Therefore, Lear's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 11.06%.
Lear Gross-Profit-to-Asset % Historical Data
The historical data trend for Lear's Gross-Profit-to-Asset % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Lear Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Gross-Profit-to-Asset %
14.31
8.57
10.48
10.40
12.02
Lear Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Gross-Profit-to-Asset %
10.95
12.21
12.52
11.37
11.06
Competitive Comparison
For the Auto Parts subindustry, Lear's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Lear Gross-Profit-to-Asset % Distribution
For the Vehicles & Parts industry and Consumer Cyclical sector, Lear's Gross-Profit-to-Asset % distribution charts can be found below:
* The bar in red indicates where Lear's Gross-Profit-to-Asset % falls into.
Lear Gross-Profit-to-Asset % Calculation
Lear's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Gross Profit data used here is four times the quarterly (Dec. 2023) data.
Gross-Profit-to-Asset % is displayed in the 30-year financial page.
Lear Gross-Profit-to-Asset % Related Terms
Thank you for viewing the detailed overview of Lear's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.
Lear designs, develops, and manufactures automotive seating and electrical systems and components. Seating components include frames and mechanisms, covers (leather and woven fabric), seat heating and cooling, foam, and headrests. Automotive electrical distribution and connection systems and electronic systems include wiring harnesses, terminals and connectors, on-board battery chargers, high-voltage battery management systems, high-voltage power distribution systems, domain controllers, telematics control units, gateway modules, vehicle positioning for automated and autonomous driving, embedded control software, cloud and mobile device software and services, and cybersecurity. Lear's largest customer and regional market is GM and North America at 20% and 44% of 2022 revenue, respectively.
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