Lear Corp
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $21.15B | $20.47B | $18.56B | $18.21B | $17.73B | $16.23B | $14.57B | $14.16B |
| Cost of Revenue | $18.83B | $18.18B | $16.44B | $16.39B | $16.23B | $14.93B | $13.35B | $12.96B |
| Gross Profit | $2.32B | $2.29B | $2.12B | $1.82B | $1.49B | $1.30B | $1.22B | $1.19B |
| Gross Margin | 11.0% | 11.2% | 11.4% | 10.0% | 8.4% | 8.0% | 8.4% | 8.4% |
| Operating Expenses | ||||||||
| Research & Development | $153.5M | $147.9M | $143.7M | $126.8M | $102.0M | $108.4M | $104.3M | $110.7M |
| SG&A Expense | $612.8M | $635.2M | $608.2M | $580.5M | $529.9M | $528.7M | $479.3M | $485.6M |
| Operating Income | $1.65B | $1.61B | $1.46B | $1.19B | $929.2M | $736.6M | $698.8M | $655.4M |
| Operating Margin | 7.8% | 7.9% | 7.9% | 6.5% | 5.2% | 4.5% | 4.8% | 4.6% |
| Interest Expense | $84.1M | $85.7M | $82.5M | $86.7M | $67.5M | $68.4M | $49.9M | $39.7M |
| Pretax Income | $1.54B | $1.53B | $1.34B | $1.03B | $787.4M | $610.1M | $648.9M | $615.7M |
| Income Tax Expense | $311.9M | $197.5M | $370.2M | $285.5M | $121.4M | $192.7M | $-638.0M | $68.8M |
| Net Income | $1.15B | $1.31B | $975.1M | $745.5M | $672.4M | $431.4M | $1.28B | $540.7M |
| Net Margin | 5.4% | 6.4% | 5.3% | 4.1% | 3.8% | 2.7% | 8.8% | 3.8% |
| EPS (Basic) | $17.35 | $18.79 | $13.48 | $9.71 | $8.39 | $5.07 | $13.04 | $5.21 |
| EPS (Diluted) | $17.22 | $18.59 | $13.33 | $9.59 | $8.23 | $4.99 | $12.85 | $5.08 |
| Shares Outstanding (Basic) | 65.7M | 68.5M | 72.3M | 76.8M | 80.2M | 85.1M | 98.4M | 103.8M |
| Shares Outstanding (Diluted) | 66.2M | 69.3M | 73.1M | 77.8M | 81.7M | 86.4M | 99.8M | 106.3M |
| Dividends Per Share | $0.70 | $0.50 | $0.30 | $0.25 | — | — | — | — |