Lear
Lear Corporation is a Michigan-based, NYSE-listed automotive supplier whose Seating and E-Systems segments had 2025 net sales of USD 23.3 billion.
Industry: Automotive seating and electrical systems | Location: Southfield, United States | Founded: 1917
About Lear
Lear Corporation (NYSE: LEA) is an automotive supplier focused on Seating and E-Systems, headquartered in Southfield, Michigan. It describes itself as the largest US-based automotive supplier, with more than 100 years of heritage, and serves vehicle manufacturers worldwide.
Wikipedia reports that the business began in 1917 in Detroit as American Metal Products, making tubular, welded and stamped assemblies for the aircraft and auto industries. It lists a United Technologies Automotive purchase in 1999, a Chapter 11 filing in 2009 with emergence on 9 November 2009, and the Guilford Mills purchase in 2012 for USD 257 million. It also reports the USD 850 million Eagle Ottawa deal announced in 2014 and the 2022 acquisition of InTouch Automation.
Ray Scott is President and Chief Executive Officer, as stated on lear.com and in the company's results release. On 19 October 2026 the company announced a chief financial officer succession plan on its website, without naming the executives involved on the page read.
The Seating segment includes seating innovations, INTU, Eagle Ottawa Leather, Guilford Performance Textiles and Thagora Material Cutting Solutions. The E-Systems segment covers electrical distribution and connection systems and Lear software.
For full-year 2025, reported on 4 February 2026, Lear had net sales of USD 23,259.1 million, essentially flat on USD 23,306.0 million in 2024, and net income attributable to Lear of USD 436.8 million, down from USD 506.6 million. Seating contributed USD 17,283.0 million of sales and E-Systems USD 5,976.1 million. Free cash flow was USD 527 million, and the company said it secured about USD 1.4 billion in E-Systems business awards.
Ceer's February 2025 release names Lear among tier 1 global suppliers localizing operations at the King Salman Automotive Cluster in Saudi Arabia, and TechScoop's September 2026 report on Ceer lists Lear among its partners. In June 2026 Lear was recognised as a Ford Supplier of the Year for Sustainability.
Leadership
- Raymond E. Scott, President and Chief Executive Officer