Lear Corp Files 2024 10-K
Ticker: LEA · Form: 10-K · Filed: 2025-02-14T00:00:00.000Z
Sentiment: neutral
Topics: 10-K, annual-report, automotive
TL;DR
LEAR filed its 2024 10-K. Full financials out.
AI Summary
Lear Corporation filed its 2024 10-K on February 14, 2025, detailing its financial performance for the fiscal year ending December 31, 2024. The company, headquartered in Southfield, Michigan, operates in the motor vehicle parts and accessories industry. The filing provides comprehensive financial data and business operations information for the reporting period.
Why It Matters
This 10-K filing provides investors and analysts with a detailed overview of Lear Corporation's financial health, operational performance, and strategic positioning for the fiscal year 2024.
Risk Assessment
Risk Level: medium — This is a standard annual financial filing with no immediate red flags or significant new information presented in the header.
Key Players & Entities
- LEAR CORP (company) — Filer
- Southfield, MI (location) — Business Address
- 2024-12-31 (date) — Fiscal Year End
- 20250214 (date) — Filing Date
FAQ
What is Lear Corporation's primary industry?
Lear Corporation is in the MOTOR VEHICLE PARTS & ACCESSORIES industry, with SIC code 3714.
Where is Lear Corporation headquartered?
Lear Corporation's business and mail address is 21557 TELEGRAPH ROAD, SOUTHFIELD, MI 48033.
What is the filing date of this 10-K report?
This 10-K report was filed on February 14, 2025.
What fiscal year does this 10-K cover?
This 10-K report covers the fiscal year ending December 31, 2024.
What is Lear Corporation's state of incorporation?
Lear Corporation is incorporated in Delaware (DE).
From the Filing
0000842162-25-000010.txt : 20250214 0000842162-25-000010.hdr.sgml : 20250214 20250214160239 ACCESSION NUMBER: 0000842162-25-000010 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 151 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250214 DATE AS OF CHANGE: 20250214 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LEAR CORP CENTRAL INDEX KEY: 0000842162 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 133386776 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-11311 FILM NUMBER: 25628115 BUSINESS ADDRESS: STREET 1: 21557 TELEGRAPH ROAD CITY: SOUTHFIELD STATE: MI ZIP: 48033 BUSINESS PHONE: 2484471500 MAIL ADDRESS: STREET 1: 21557 TELEGRAPH ROAD CITY: SOUTHFIELD STATE: MI ZIP: 48033 FORMER COMPANY: FORMER CONFORMED NAME: LEAR CORP /DE/ DATE OF NAME CHANGE: 19960620 FORMER COMPANY: FORMER CONFORMED NAME: LEAR SEATING CORP DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: LEAR SIEGLER SEATING CORP DATE OF NAME CHANGE: 19900723 10-K 1 lear-20241231.htm 10-K lear-20241231 false 2024 FY LEAR CORP 0000842162 http://fasb.org/us-gaap/2024#AmortizationOfIntangibleAssets http://fasb.org/us-gaap/2024#AmortizationOfIntangibleAssets http://fasb.org/us-gaap/2024#LongTermDebtAndCapitalLeaseObligations http://fasb.org/us-gaap/2024#LongTermDebtAndCapitalLeaseObligations http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent http://fasb.org/us-gaap/2024#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2024#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent P1Y0M0D P1Y0M0D P1Y0M0D iso4217:USD xbrli:shares iso4217:USD xbrli:shares xbrli:pure lear:segment lear:employee lear:plant lear:country lear:plan lear:agreement lear:vote 0000842162 2024-01-01 2024-12-31 0000842162 2024-06-29 0000842162 2025-02-12 0000842162 2024-12-31 0000842162 2023-12-31 0000842162 us-gaap:SeriesAPreferredStockMember 2024-12-31 0000842162 us-gaap:SeriesAPreferredStockMember 2023-12-31 0000842162 2023-01-01 2023-12-31 0000842162 2022-01-01 2022-12-31 0000842162 us-gaap:CommonStockMember 2021-12-31 0000842162 us-gaap:AdditionalPaidInCapitalMember 2021-12-31 0000842162 us-gaap:TreasuryStockCommonMember 2021-12-31 0000842162 us-gaap:RetainedEarningsMember 2021-12-31 0000842162 us-gaap:RetainedEarningsMember 2022-01-01 2022-12-31 0000842162 us-gaap:AdditionalPaidInCapitalMember 2022-01-01 2022-12-31 0000842162 us-gaap:TreasuryStockCommonMember 2022-01-01 2022-12-31 0000842162 us-gaap:CommonStockMember 2022-12-31 0000842162 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0000842162 us-gaap:TreasuryStockCommonMember 2022-12-31 0000842162 us-gaap:RetainedEarningsMember 2022-12-31 0000842162 us-gaap:RetainedEarningsMember 2023-01-01 2023-12-31 0000842162 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-12-31 0000842162 us-gaap:TreasuryStockCommonMember 2023-01-01 2023-12-31 0000842162 us-gaap:CommonStockMember 2023-12-31 0000842162 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0000842162 us-gaap:TreasuryStockCommonMember 2023-12-31 0000842162 us-gaap:RetainedEarningsMember 2023-12-31 0000842162 us-gaap:RetainedEarningsMember 2024-01-01 2024-12-31 0000842162 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-12-31 0000842162 us-gaap:TreasuryStockCommonMember 2024-01-01 2024-12-31 0000842162 us-gaap:CommonStockMember 2024-12-31 0000842162 us-gaap:AdditionalPaidInCapitalMember 2024-12-31 0000842162 us-gaap:TreasuryStockCommonMember 2024-12-31 0000842162 us-gaap:RetainedEarningsMember 2024-12-31 0000842162 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2021-12-31 0000842162 us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember 2021-12-31 0000842162 us-gaap:AccumulatedTranslationAdjustmentMember 2021-12-31 0000842162 us-gaap:ParentMember 2021-12-31 0000842162 us-