Lear (LEA) Retained Earnings : $5,601 Mil (As of Dec. 2023)

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What is Lear Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Lear's retained earnings for the quarter that ended in Dec. 2023 was $5,601 Mil.

Lear's quarterly retained earnings increased from Jun. 2023 ($5,432 Mil) to Sep. 2023 ($5,519 Mil) and increased from Sep. 2023 ($5,519 Mil) to Dec. 2023 ($5,601 Mil).

Lear's annual retained earnings increased from Dec. 2021 ($5,073 Mil) to Dec. 2022 ($5,214 Mil) and increased from Dec. 2022 ($5,214 Mil) to Dec. 2023 ($5,601 Mil).

Lear Retained Earnings Historical Data

The historical data trend for Lear's Retained Earnings 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.

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Lear Retained Earnings Chart

Lear Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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4,715.80

4,806.80

5,072.80

5,214.10

5,601.10

Lear Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial															5,214.10	5,310.00	5,432.30	5,519.30	5,601.10

Lear Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Lear (NYSE:LEA) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Lear (LEA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Lear Corp (NYSE:LEA) » Definitions » Retained Earnings

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LE6N:Germany

Address

21557 Telegraph Road, Southfield, MI, USA, 48033

Website

https://www.lear.com

Lear designs, develops, and manufactures automotive seating and electrical systems and components. 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, high-voltage power distribution systems, domain controllers, telematics control units, gateway modules, vehicle positioning for automated and autonomous driving, embedded control software, cloud and mobile device software and services, and cybersecurity. Lear's largest customer and regional market is GM and North America at 20% and 44% of 2022 revenue, respectively.

Executives

Raymond E Scott	director, officer: President & CEO
Carl A. Esposito	officer: SVP & President, E-Systems	21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033
Jason M Cardew	officer: SVP & CFO	21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033
Frank C Orsini	officer: EVP & President, Seating	21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033
Mallett Conrad L Jr	director
Greg C Smith	director	FORD MOTOR COMPANY, 21175 OAKWOOD BLVD, DEARBORN MI 48124
Marianne Vidershain	officer: VP, Treasurer	21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033
Jonathan F Foster	director	777 THIRD AVE, 30TH FL, NEW YORK NY 10017
Thomas A Didonato	officer: SVP & CAO	AMERICAN EAGLE OUTFITTERS, INC., 150 THORN HILL DRIVE, WARRENDALE PA 15095
Alicia J. Davis	officer: SVP, Corp Dev & Inv Relations	21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033
Roger A Krone	director
Patricia L Lewis	director	C/O UNITEDHEALTH GROUP, 9900 BREN ROAD EAST, MN008-T502, MINNETONKA MN 55343
Bradley M Halverson	director	100 N.E. ADAMS STREET, PEORIA IL 61629
Shari L Burgess	officer: VP & Treasurer
Harry Albert Kemp	officer: SVP, Gen Counsel & Corp Sec	21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033