Aptiv vs Lear
Aptiv and Lear are similar in size: $20.40bn and $23.26bn of revenue in their latest fiscal years. Aptiv grew faster (3.5% against -0.2%). Lear kept more of each dollar of sales as profit: a net margin of 1.9% against 0.8%. Lear carries less debt relative to equity (54.5% against 83.4%).
| Latest fiscal year | AptivAPTV, 2025 | LearLEA, 2025 |
|---|---|---|
| Revenue | $20.40bn | $23.26bn |
| Revenue growth | 3.5% | -0.2% |
| Net income | $165m | $437m |
| Operating margin | 5.8% | 3.3% |
| Net margin | 0.8% | 1.9% |
| Return on equity | 1.8% | 9.2% |
| Free cash flow | $1.53bn | $527m |
| Cash | $1.57bn | $1.03bn |
| Total debt | $7.68bn | $2.74bn |
| Debt to equity | 83.4% | 54.5% |
| Dividend per share | — | — |
| Dividend yield | — | 2.6% |
| Share buybacks | $397m | $325m |
| Employees | 140,000 | 173,700 |
| Market value | $8.67bn | $5.88bn |
| Price vs our value range | Within our value range | Below our value range |
| Moat score | 54 (Moderate) | 52 (Moderate) |
| Insider trades, 12 months | 8 buys, 7 sales | 0 buys, 22 sales |