Lear Cost Of Revenue vs Income Before Tax Analysis

LEA Stock  USD 136.47  2.99  2.24%   
Lear financial indicator trend analysis is infinitely more than just investigating Lear recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lear is a good investment. Please check the relationship between Lear Cost Of Revenue and its Income Before Tax accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lear Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

Cost Of Revenue vs Income Before Tax

Cost Of Revenue vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lear Cost Of Revenue account and Income Before Tax. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Lear's Cost Of Revenue and Income Before Tax is 0.56. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Lear Corporation, assuming nothing else is changed. The correlation between historical values of Lear's Cost Of Revenue and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Lear Corporation are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Cost Of Revenue i.e., Lear's Cost Of Revenue and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

Cost Of Revenue

Cost of Revenue is found on Lear income statement and represents the costs associated with goods and services Lear provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Lear income statement and is an important metric when analyzing Lear profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from Lear's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lear current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lear Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
At present, Lear's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 7.09, whereas Selling General Administrative is forecasted to decline to about 560.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.4B1.4B1.7B1.3B
Total Revenue19.3B20.9B23.5B15.9B

Lear fundamental ratios Correlations

0.880.990.990.970.980.590.870.970.580.980.850.580.980.93-0.590.950.850.84-0.240.990.97-0.37-0.770.52-0.33
0.880.890.850.750.910.880.910.790.210.930.860.210.850.92-0.780.970.880.66-0.460.930.78-0.54-0.50.65-0.6
0.990.890.980.940.980.610.860.950.570.970.820.570.980.94-0.610.950.840.8-0.270.990.96-0.38-0.730.53-0.35
0.990.850.980.950.950.540.840.990.620.940.830.621.00.88-0.510.910.840.87-0.250.980.98-0.29-0.830.53-0.38
0.970.750.940.950.940.440.770.950.660.930.770.660.950.88-0.50.860.750.85-0.090.930.97-0.3-0.780.39-0.18
0.980.910.980.950.940.670.890.920.480.990.840.480.950.97-0.710.960.850.76-0.260.980.92-0.5-0.660.53-0.37
0.590.880.610.540.440.670.720.46-0.270.710.68-0.270.550.72-0.880.780.670.4-0.510.670.43-0.57-0.070.57-0.7
0.870.910.860.840.770.890.720.80.290.920.940.290.820.9-0.610.920.970.63-0.550.90.77-0.46-0.590.78-0.42
0.970.790.950.990.950.920.460.80.670.90.790.670.990.83-0.430.860.810.88-0.20.950.99-0.24-0.870.49-0.35
0.580.210.570.620.660.48-0.270.290.670.430.271.00.610.380.160.360.310.530.260.510.720.04-0.830.010.27
0.980.930.970.940.930.990.710.920.90.430.890.430.930.97-0.710.980.890.77-0.320.980.9-0.47-0.640.58-0.38
0.850.860.820.830.770.840.680.940.790.270.890.270.80.82-0.50.890.960.74-0.540.870.76-0.25-0.630.78-0.45
0.580.210.570.620.660.48-0.270.290.671.00.430.270.610.380.160.360.310.530.260.510.720.04-0.830.010.27
0.980.850.981.00.950.950.550.820.990.610.930.80.610.88-0.530.90.810.85-0.210.980.98-0.33-0.810.49-0.37
0.930.920.940.880.880.970.720.90.830.380.970.820.380.88-0.780.970.840.62-0.30.940.84-0.61-0.520.53-0.31
-0.59-0.78-0.61-0.51-0.5-0.71-0.88-0.61-0.430.16-0.71-0.50.16-0.53-0.78-0.74-0.5-0.290.22-0.63-0.430.75-0.02-0.30.5
0.950.970.950.910.860.960.780.920.860.360.980.890.360.90.97-0.740.890.71-0.360.970.86-0.52-0.590.6-0.45
0.850.880.840.840.750.850.670.970.810.310.890.960.310.810.84-0.50.890.68-0.610.880.77-0.31-0.640.84-0.45
0.840.660.80.870.850.760.40.630.880.530.770.740.530.850.62-0.290.710.68-0.180.810.870.1-0.80.43-0.38
-0.24-0.46-0.27-0.25-0.09-0.26-0.51-0.55-0.20.26-0.32-0.540.26-0.21-0.30.22-0.36-0.61-0.18-0.31-0.14-0.080.05-0.930.35
0.990.930.990.980.930.980.670.90.950.510.980.870.510.980.94-0.630.970.880.81-0.310.95-0.4-0.740.58-0.42
0.970.780.960.980.970.920.430.770.990.720.90.760.720.980.84-0.430.860.770.87-0.140.95-0.24-0.860.43-0.27
-0.37-0.54-0.38-0.29-0.3-0.5-0.57-0.46-0.240.04-0.47-0.250.04-0.33-0.610.75-0.52-0.310.1-0.08-0.4-0.24-0.05-0.020.18
-0.77-0.5-0.73-0.83-0.78-0.66-0.07-0.59-0.87-0.83-0.64-0.63-0.83-0.81-0.52-0.02-0.59-0.64-0.80.05-0.74-0.86-0.05-0.350.19
0.520.650.530.530.390.530.570.780.490.010.580.780.010.490.53-0.30.60.840.43-0.930.580.43-0.02-0.35-0.4
-0.33-0.6-0.35-0.38-0.18-0.37-0.7-0.42-0.350.27-0.38-0.450.27-0.37-0.310.5-0.45-0.45-0.380.35-0.42-0.270.180.19-0.4
Click cells to compare fundamentals

Lear Account Relationship Matchups

Lear fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.7B13.2B13.4B13.8B14.7B9.1B
Short Long Term Debt Total2.3B2.3B2.6B2.6B2.9B2.1B
Other Current Liab1.8B1.9B1.8B2.0B2.2B1.2B
Total Current Liabilities4.7B5.1B4.8B5.2B5.7B3.8B
Total Stockholder Equity4.5B4.6B4.8B4.8B4.9B2.6B
Property Plant And Equipment Net2.7B2.7B2.7B2.9B3.0B1.9B
Net Debt839.3M1.0B1.3B1.5B1.7B882.7M
Retained Earnings4.7B4.8B5.1B5.2B5.6B5.9B
Accounts Payable2.8B3.1B3.0B3.2B3.4B2.4B
Cash1.5B1.3B1.3B1.1B1.2B877.0M
Non Current Assets Total6.3B6.4B6.6B6.8B7.1B4.6B
Non Currrent Assets Other2.0B2.0B2.2B2.3B2.3B2.5B
Cash And Short Term Investments1.5B1.3B1.3B1.1B1.2B877.0M
Net Receivables3.0B3.3B3.0B3.5B3.7B2.3B
Good Will1.6B1.7B1.7B1.7B1.7B1.1B
Common Stock Shares Outstanding61.9M60.4M60.4M59.9M59.1M85.0M
Liabilities And Stockholders Equity12.7B13.2B13.4B13.8B14.7B9.1B
Non Current Liabilities Total3.5B3.5B3.8B3.7B4.0B2.7B
Inventory1.3B1.4B1.6B1.6B1.8B1.8B
Other Current Assets678.2M799.7M833.5M853.7M1.0B591.6M
Other Stockholder Equity557.4M512.6M505.2M420.7M(7.5B)(7.1B)
Total Liab8.2B8.6B8.5B8.9B9.6B6.5B
Total Current Assets6.4B6.8B6.8B7.0B7.6B4.5B
Accumulated Other Comprehensive Income(772.7M)(705.1M)(770.2M)(805.1M)(688.8M)(654.4M)
Short Term Debt33.3M14.2M800K20.7M179.7M137.4M
Property Plant And Equipment Gross2.7B2.7B2.7B2.9B6.8B7.1B
Intangible Assets423.7M368.2M302.5M235.4M211.9M201.3M
Other Liab678.9M767.8M1.2B558.1M641.8M681.0M
Other Assets1.4B1.4B2.2B2.3B2.6B2.7B
Long Term Debt2.3B2.3B2.6B2.6B2.7B2.1B
Treasury Stock(225.1M)(563.1M)(598.6M)(679.2M)(611.3M)(580.7M)
Property Plant Equipment2.7B2.7B2.7B2.9B3.3B2.1B
Net Tangible Assets4.5B4.5B3.2B4.7B5.4B3.5B
Noncontrolling Interest In Consolidated Entity151.4M147.6M165M151.5M174.2M143.7M
Retained Earnings Total Equity4.7B4.8B5.1B5.2B6.0B3.8B

Lear Investors Sentiment

The influence of Lear's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Lear. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Lear's public news can be used to forecast risks associated with an investment in Lear. The trend in average sentiment can be used to explain how an investor holding Lear can time the market purely based on public headlines and social activities around Lear Corporation. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Lear's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Lear's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Lear's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Lear.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Lear in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Lear's short interest history, or implied volatility extrapolated from Lear options trading.

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When determining whether Lear offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lear's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lear Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lear Corporation Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lear Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Lear information on this page should be used as a complementary analysis to other Lear's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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When running Lear's price analysis, check to measure Lear's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lear is operating at the current time. Most of Lear's value examination focuses on studying past and present price action to predict the probability of Lear's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lear's price. Additionally, you may evaluate how the addition of Lear to your portfolios can decrease your overall portfolio volatility.
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Is Lear's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lear. If investors know Lear will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lear listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.103
Dividend Share
3.08
Earnings Share
9.68
Revenue Per Share
398.891
Quarterly Revenue Growth
0.088
The market value of Lear is measured differently than its book value, which is the value of Lear that is recorded on the company's balance sheet. Investors also form their own opinion of Lear's value that differs from its market value or its book value, called intrinsic value, which is Lear's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lear's market value can be influenced by many factors that don't directly affect Lear's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lear's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lear is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lear's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.