Lear (LEA) Q4 2025 Earnings Call Transcript

Motley Fool Transcribing, The Motley Fool

Wed, February 4, 2026 astatine 9:49 AM CST 53 min read

Image source: The Motley Fool.

Wednesday, February 4, 2026 astatine 9 a.m. ET

• President and Chief Executive Officer — Raymond Scott

• Senior Vice President and Chief Financial Officer — Jason Cardew

Need a punctuation from a Motley Fool analyst? Email [email protected]

Ray volition reappraisal highlights from the twelvemonth and supply a concern update. Jason volition past reappraisal our 4th fourth and afloat twelvemonth fiscal results and supply our outlook for 2026. Finally, Ray volition connection immoderate concluding remarks. Following the ceremonial presentation, we would beryllium blessed to instrumentality your questions. Now I'd similar to invitation Ray to begin.

Raymond Scott: Thanks, Tim. Please crook to Slide five, which highlights our cardinal fiscal metrics for the 4th fourth and afloat twelvemonth 2025. Lear delivered a 5% summation successful gross successful the 4th quarter, generating $23.3 cardinal for the afloat year. Core operating net were $1.1 cardinal oregon 4.6% of nett income for the afloat year. Adjusted net per stock was $12.8, a 1% summation from 2024. This is our 5th consecutive year-over-year increase. Operating currency travel was $1.1 billion, and escaped currency travel was $527 cardinal successful 2025. Slide six summarizes cardinal fiscal and concern highlights from the 4th fourth and afloat year.

Our strategical priorities proceed to thrust execution crossed 4 cardinal areas: extending our planetary enactment presumption successful Seating, expanding margins successful E-Systems, increasing our competitory vantage and operational excellence done Idea by Lear, and supporting our sustainable worth instauration with disciplined superior allocation. We made advancement towards our goals successful some Seating and E-Systems by finishing the twelvemonth with immoderate of the astir important caller concern awards successful Lear's history. In Seating, we were awarded the implicit seats for a large motortruck programme from an American-based automaker, the largest seating conquest grant connected record. General Motors awarded Lear the implicit seats for their ample SUVs and full-size pickup trucks to beryllium produced astatine Orion Assembly starting successful 2027.

This grant continues Lear's agelong past arsenic GM's spot supplier for full-size pickup trucks and SUVs portion supporting GM's enlargement of their U.S. manufacturing footprint. Our China squad continues to turn concern with home automakers. In the 4th quarter, we secured respective implicit spot programs with Chang'an, Dongfeng, and LEAP Motor, and a thermal comfortableness grant with BYD. I couldn't beryllium much arrogant of the squad for securing these captious awards that show however we are extending our planetary enactment position.