Lear
Financial ratios & Valuation

Forward Multiples (2025 – 2028)

2025202620272028
Price/Earnings ratio
6.004.974.183.77
Price/Sales ratio
0.240.230.220.22
Earnings per Share (EPS)
$17.15$20.71$24.65$27.3

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
11.3812.269.428.996.7211.2360.4529.3922.5814.519.796.72
Price/Sales ratio
0.430.500.490.570.360.420.560.570.350.350.220.42
Price/Book Value ratio
2.523.032.872.751.841.882.072.281.531.681.121.88
Price/Cash Flow ratio
8.247.195.676.624.346.5914.4516.407.246.645.294.34
Price/Free Cash Flow ratio
15.2111.648.429.937.0112.4445.45129.3119.3113.3311.537.01
Price/Earnings Growth ratio
0.180.760.230.22-0.96-0.37-0.760.21-1.920.180.59-0.96
Dividend Yield
0.85%0.85%0.96%1.16%2.40%2.20%0.70%0.97%2.50%2.18%3.22%2.40%
Profitability Indicator Ratios
Gross Profit Margin
8.42%9.99%11.32%11.19%10.96%8.77%6.50%7.22%6.74%7.85%6.95%8.77%
Operating Profit Margin
5.24%6.51%7.69%7.85%7.82%5.27%2.34%3.50%2.90%2.28%3.50%5.27%
Pretax Profit Margin
4.44%5.66%7.21%7.45%7.27%4.81%1.75%3.02%2.43%3.31%3.20%4.81%
Net Profit Margin
3.79%4.09%5.25%6.41%5.43%3.80%0.92%1.94%1.56%2.43%2.32%3.80%
Effective Tax Rate
15.41%27.67%27.66%12.93%20.27%15.32%31.37%23.59%26.25%23.26%24.04%20.27%
Return on Assets
7.34%7.92%9.84%10.99%9.91%5.94%1.20%2.80%2.38%3.89%3.68%5.94%
Return On Equity
22.19%24.70%30.53%30.59%27.43%16.74%3.43%7.77%6.78%11.63%11.26%16.74%
Return on Capital Employed
17.89%21.32%24.95%22.67%23.29%13.04%4.91%7.85%7.08%5.94%9.19%13.04%
Liquidity Ratios
Current Ratio
1.351.371.351.361.391.371.33N/AN/AN/A1.321.37
Quick Ratio
1.141.131.101.111.121.101.051.091.041.031.021.10
Cash ratio
0.270.310.300.300.330.310.250.270.210.210.120.31
Days of Sales Outstanding
50.8951.9054.0157.6149.7154.9570.0057.6360.3057.2566.8149.71
Days of Inventory outstanding
19.1921.1022.6324.2123.1925.4132.0832.1029.4829.6729.6023.19
Operating Cycle
70.0873.0176.6581.8272.9080.36102.0989.7389.7986.9396.4172.90
Days of Payables Outstanding
54.2455.7658.5663.6047.0556.9862.6551.3451.6257.9658.4947.05
Cash Conversion Cycle
15.8417.2418.0818.2225.8523.3739.4438.3938.1628.9637.9225.85
Debt Ratios
Debt Ratio
0.180.200.190.160.160.180.170.190.180.180.180.16
Debt Equity Ratio
0.560.640.600.450.460.510.500.530.540.560.580.46
Long-term Debt to Capitalization
0.320.390.370.310.310.330.330.350.340.350.360.31
Total Debt to Capitalization
0.360.390.370.310.310.340.330.350.350.360.360.31
Interest Coverage Ratio
13.7613.6817.2918.7619.6611.634.55N/AN/AN/A7.8511.63
Cash Flow to Debt Ratio
0.530.650.830.900.900.550.280.250.390.450.360.55
Company Equity Multiplier
3.023.113.102.782.762.812.852.772.842.983.102.76
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.050.060.080.080.080.060.030.030.040.050.040.06
Free Cash Flow / Operating Cash Flow Ratio
0.540.610.670.660.610.520.310.120.370.490.440.52
Cash Flow Coverage Ratio
0.530.650.830.900.900.550.280.250.390.450.360.55
Short Term Coverage Ratio
3.8055.0236.63198.1278.0638.5646.69837.6249.3444.9333.5238.56
Dividend Payout Ratio
9.71%10.52%9.10%10.48%16.20%24.72%42.46%28.53%56.60%31.77%32.33%16.20%