Below are the financial statements of Lear, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in billions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net sales | 23.31a | 23.47a | 20.89a |
| Cost of sales | -21.67a | -21.76a | -19.48a |
| Selling, general and administrative expenses | -0.7a | -0.71a | -0.68a |
| Amortization of intangible assets | -0.05a | -0.06a | -0.07a |
| Interest expense, net | -0.11a | -0.1a | -0.1a |
| Other expense, net | 0.05a | 0.05a | 0.05a |
| Consolidated income before provision for income taxes and equity in net income of affiliates | 0.73a | 0.78a | 0.51a |
| Provision for income taxes | -0.19a | -0.18a | -0.13a |
| Equity in net income of affiliates | -0.05a | -0.05a | -0.03a |
| Consolidated net income | 0.59a | 0.65a | 0.41a |
| Less: Net income attributable to noncontrolling interests | 0.09a | 0.07a | 0.08a |
| Net income attributable to Lear | 0.51a | 0.57a | 0.33a |
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