Aptiv
APTV · Automotive Parts & Equipment
$42.69
2.6%Lear
LEA · Automotive Parts & Equipment
$116.69
1.6%The short version
- Lear is the larger business, with $23.3B of revenue in fiscal 2025 against $20.4B for Aptiv.
- Aptiv grew revenue faster (3.5%, against −0.2%).
- Aptiv kept more of each dollar of sales as operating profit (5.8% operating margin, against 3.3% operating margin).
- Aptiv turned more of its sales into free cash flow (7.5% FCF margin, against 2.3% FCF margin).
- Lear earned a higher return on the capital invested in it (8.9%, against 3.7%).
- Investors pay more for each dollar of Aptiv’s earnings: a P/E of 40.3x against 10.9x for Lear.
| Latest fiscal year | APTV · FY25 | LEA · FY25 |
|---|---|---|
| Size | ||
| Market cap | $9.1B | $5.9B |
| Revenue | $20.4B | $23.3B |
| Free cash flow | $1.5B | $527M |
| Net income | $165M | $437M |
| Growth | ||
| Revenue growth | 3.5% | −0.2% |
| 5-year growth | 9.3% | 6.4% |
| Share count change | −14.0% | −5.1% |
| Profitability | ||
| Gross margin | 19.1% | 6.5% |
| Operating margin | 5.8% | 3.3% |
| Net margin | 0.8% | 1.9% |
| FCF margin | 7.5% | 2.3% |
| Return on capital | 3.7% | 8.9% |
| Return on equity | 1.8% | 9.2% |
| Balance sheet | ||
| Net debt | $5.9B | $1.7B |
| Net debt / EBITDA | 2.7x | 1.2x |
| Dividends and buybacks | $397M | $490M |
| Valuation & quality | ||
| P/E | 40.3x | 10.9x |
| Piotroski F-score | 8 | 7 |
FY16
APTV $12.3B
LEA $18.6B
FY17
APTV $12.9B
LEA $20.5B
FY18
APTV $14.4B
LEA $21.1B
FY19
APTV $14.4B
LEA $19.8B
FY20
APTV $13.1B
LEA $17.0B
FY21
APTV $15.6B
LEA $19.3B
FY22
APTV $17.5B
LEA $20.9B
FY23
APTV $20.1B
LEA $23.5B
FY24
APTV $19.7B
LEA $23.3B
FY25
APTV $20.4B
LEA $23.3B
APTV
LEA
FY16
APTV 12.5%
LEA 7.9%
FY17
APTV 11.0%
LEA 7.9%
FY18
APTV 10.2%
LEA 7.8%
FY19
APTV 8.9%
LEA 5.4%
FY20
APTV 16.2%
LEA 2.7%
FY21
APTV 7.6%
LEA 3.5%
FY22
APTV 7.2%
LEA 3.1%
FY23
APTV 7.8%
LEA 4.0%
FY24
APTV 9.3%
LEA 3.8%
FY25
APTV 5.8%
LEA 3.3%
APTV
LEA
FY16
APTV $1.3B
LEA $1.1B
FY17
APTV $770M
LEA $1.2B
FY18
APTV $782M
LEA $1.1B
FY19
APTV $843M
LEA $680M
FY20
APTV $829M
LEA $211M
FY21
APTV $611M
LEA $85.0M
FY22
APTV $419M
LEA $383M
FY23
APTV $990M
LEA $623M
FY24
APTV $1.6B
LEA $561M
FY25
APTV $1.5B
LEA $527M
APTV
LEA
FY16
APTV 20.7%
LEA 27.6%
FY17
APTV 19.3%
LEA 32.4%
FY18
APTV 17.3%
LEA 27.5%
FY19
APTV 14.0%
LEA 17.8%
FY20
APTV 23.2%
LEA 5.7%
FY21
APTV 11.2%
LEA 8.8%
FY22
APTV 9.4%
LEA 7.8%
FY23
APTV 10.2%
LEA 11.1%
FY24
APTV 10.1%
LEA 10.1%
FY25
APTV 3.7%
LEA 8.9%
APTV
LEA
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Each company's latest fiscal year; fiscal years end in different months. The best value in each row is highlighted where higher (or lower) is clearly better. Not investment advice.