LEALear Corporation

$124.25

Is it safe?

Can LEA take a bad year?

Lear Corporation carries $1.86B of net debt at 1.29× EBITDA: a load its earnings can carry.

$1.86B

Net debt · as at Q1 2026 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
1.29×

Net debt / EBITDA · 1.33× a year ago · the load is coming down

Altman Z-score
2.92

Altman Z-score · grey zone, between 1.8 and 3

Interest cover
8.46×

Interest cover · operating profit covers the interest bill several times over

Details
Total debtQ1 2026
$2.74B
Cash and short-term investments
$882M
Net debt
$1.86B
EBITDA, trailing twelve months
$1.45B
Operating profit, trailing twelve months
$851M
Debt / equity
0.54×
Total debt / EBITDA
1.90×
Annualised volatilitytwo years of daily moves
35%
Worst drawdown on file
−65%
Below its 52-week high
−16%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.