Lear (MEX:LEA) Quick Ratio: 1.05 (As of Mar. 2026) — Near Median


MEX:LEA Lear Corp MEX:LEA
84 GF Score
Price MXN2,120.00
GF Value MXN1,928.58
! 7 Warning Signs
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What is Lear Quick Ratio?

Lear MEX:LEA 84 Quick Ratio is 1.05 as of Mar. 2026, which is 1% below its 10-year median of 1.06. GuruFocus rates MEX:LEA with a GF Score™ of 84/100 and a GF Value™ of MXN1,928.58. The stock has 7 warning signs investors should review. Among 1,337 Vehicles & Parts companies, Lear ranks worse than 50.11% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Lear's quick ratio for the quarter that ended in Mar. 2026 was 1.05.

Lear has a quick ratio of 1.05. It generally indicates good short-term financial strength.

The historical rank and industry rank for Lear's Quick Ratio or its related term are showing as below:

MEX:LEA' s Quick Ratio Range Over the Past 10 Years
Min: 0.98   Med: 1.06   Max: 1.13
Current: 1.05

During the past 13 years, Lear's highest Quick Ratio was 1.13. The lowest was 0.98. And the median was 1.06.

MEX:LEA's Quick Ratio is ranked worse than
50.11% of 1337 companies
in the Vehicles & Parts industry
Industry Median: 1.06 vs MEX:LEA: 1.05

Lear  (MEX:LEA) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Lear Quick Ratio Related Terms


Lear Quick Ratio Historical Data

* Premium members only.

The historical data trend for Lear's Quick Ratio 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.

Lear Quick Ratio Chart

Lear Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.09 1.04 1.04 1.02 1.05

Lear Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.03 1.07 1.05 1.05 1.05

MEX:LEA vs LKQ, GTX, MBLY: Quick Ratio Comparison

For the Auto Parts subindustry, Lear's Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Quick Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Lear's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Lear's Quick Ratio falls into.


MEX:LEA
84GF Score
Lear Corp MEX:LEA
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Lear Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Lear's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(137977.679-30487.251)/102040.103
=1.05

Lear's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(148841.906-31569.848)/112087.657
=1.05

* 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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 1.05 mean?
Lear (MEX:LEA) has a Quick Ratio of 1.05 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Lear and its competitors. This is near median its historical median of 1.06. Over the past decade, Lear's Quick Ratio has ranged from 0.98 to 1.13. According to the industry distribution chart, Lear ranks #670 out of 1337 companies in the Vehicles & Parts industry, placing it in the top 50.1%.
Is Lear's Quick Ratio too high?
Lear's current Quick Ratio of 1.05 is near median its 10-year median of 1.06. Over the past 10 years, this metric has ranged from a low of 0.98 to a high of 1.13. The Vehicles & Parts industry median Quick Ratio is 1.06. Lear's value of 1.05 is 0.9% below this industry median. Based on the distribution chart, Lear ranks #670 out of 1337 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Lear has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Lear's Quick Ratio compare to LKQ and GTX?
According to the Vehicles & Parts industry distribution chart, Lear ranks #670 out of 1337 companies for Quick Ratio. This places Lear in the lower half of its industry. The industry median Quick Ratio is 1.06. Lear's value of 1.05 is 0.9% below this benchmark. Historically, Lear's own Quick Ratio has ranged from 0.98 to 1.13 over the past decade. While the company's 10-year median is 1.06 vs. the industry median of 1.06, Lear has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Vehicles & Parts company?
The median Quick Ratio among Vehicles & Parts companies is 1.06, based on 1,337 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lear's current Quick Ratio of 1.05 is 0.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Lear and its competitors. For the Vehicles & Parts industry, the median Quick Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lear's current Quick Ratio is 1.05, which is near median its own 10-year median of 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lear stock overvalued right now?
Lear (MEX:LEA) has a current Quick Ratio of 1.05. The stock's GF Value™ is MXN1,928.58, compared to a current price of MXN2,120.00 — trading 9.9% above its estimated fair value. The current Quick Ratio is 1.05, which is near median its 10-year median of 1.06 and 0.9% below the Vehicles & Parts industry median of 1.06. Lear's overall GF Score™ is 84/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Lear (MEX:LEA), the current Quick Ratio is 1.05 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Lear (MEX:LEA) Overvalued in 2026?

Based on GuruFocus' analysis, Lear stock appears to be overvalued. The current stock price of MXN2,120.00 is trading 9.9% above its estimated GF Value™ of MXN1,928.58.

Key valuation signals for MEX:LEA:

  • Quick Ratio: 1.05 (near median its 10-year median of 1.06)
  • GF Value™: MXN1,928.58 vs. price of MXN2,120.00 (9.9% above fair value)
  • GF Score™: 84/100 with 7 warning signs
  • Industry Position: 0.9% below the Vehicles & Parts median (#670 of 1337)

No single metric tells the full story. See the MEX:LEA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lear Business Description

Other Exchanges LEA:USA0JTQ:UK
Address 21557 Telegraph Road, Southfield, MI, USA, 48033
Lear Corp designs, develops, and manufactures automotive seating and electrical systems and components. The company has two reporting segments Seating and E-Systems. 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. The company earns majority of its revenue from the seating segment.
84GF Score

Get the complete analysis for MEX:LEA

Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN2,120.00
Price
MXN1,928.58
GF Value