---
schema_version: "secwatch.filing_event.v1"
accession: "0000842162-24-000005"
form_type: "8-K"
ticker: "LEA"
cik: "0000842162"
company_name: "LEAR CORP"
filed_at: "2024-02-06T23:59:59+00:00"
generated_at: "2026-06-06T08:47:53.169775+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Lear reports record 2023 sales of $23.5B; adjusted EPS up 38% to $12.02

## Summary
- Q4 sales $5.8B (+9% YoY); adj. EPS $3.03 vs $2.81; core op earnings $288M.
- Full-year net income $573M; adj. net income $710M; operating cash flow $1,249M.
- Repurchased $313M of shares in 2023; paid $182M in dividends; liquidity $3.2B.
- Completed IGB acquisition; outlined Seating Thermal Comfort Systems strategy.
- Sixth consecutive quarter of YoY margin improvement in E-Systems segment.

## SEC filing metadata
- accession: 0000842162-24-000005
- form_type: 8-K
- ticker: LEA
- cik: 0000842162
- company_name: LEAR CORP
- filed_at: 2024-02-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/842162/000084216224000005/0000842162-24-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/842162/000084216224000005/lear-20240206.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000842162-24-000005
- JSON: https://secwatch.observer/filing/0000842162-24-000005.json
- Plain text: https://secwatch.observer/filing/0000842162-24-000005.txt

## Key facts
- Earnings Releases
  LEAR CORP updated its fourth quarter and full year 2023 guidance (initiated).
  - Period: fourth quarter and full year 2023
  - Guidance: initiated
  - Result: reported results
  source text: On February 6, 2024, Lear Corporation issued a press release reporting financial results for the fourth quarter and full year 2023 and providing its financial outlook for full year 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/842162/000084216224000005/0000842162-24-000005-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.