Headquartered in Southfield, MI·Fiscal year ends December·NYSE: LEA·lear.com
About Lear
Lear Corporation (NYSE: LEA) is a global automotive technology company operating through two business segments: Seating and E-Systems. The Seating segment designs, manufactures, and supplies complete seat systems and related components — including thermal comfort systems (ComfortFlex and FlexAir) — to major automakers worldwide. The E-Systems segment provides electrical distribution systems, wire harnesses, and connection systems for both conventional and electrified vehicles. Lear serves the world's major automakers across North America, Europe and Africa, Asia, and South America, with customers including General Motors, Audi, Stellantis, Renault, and Chinese OEMs such as Leapmotor and BAIC. The company is the largest U.S.-based automotive supplier by revenue, with annual sales exceeding $23 billion. Lear has pursued an aggressive capital return strategy, having repurchased approximately 60% of its shares outstanding since initiating its buyback program in 2011. The company also invests in advanced manufacturing through its IDEA by Lear platform and its new Advanced Manufacturing Integration Center in Rochester Hills, Michigan. Updated
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