Thermal Comfort Solutions Overview
Key Financials
Full Year 2022
Well-Diversified By Region
and Customer
($ in millions, except per share amounts) 2021
2022
2023
Outlook
(Mid-Point)
FY 2022 Percentage of Sales
Net Sales
$19,263
$20,892
$21,700
By Region
By Customer
20%
Core Operating Earnings
$826
$871
$975
20%
34%
Operating Margin %
4.3%
4.2%
4.5%
4%
43%
Adjusted Earnings
Per Share*
*
$7.94
$8.72
Operating Cash Flow
$670
$1,021
$1,150
*Adjusted EPS 2023 Outlook not provided
33%
14%
10%
11%
11%
■North America
■South America
■Europe & Africa
Asia
■General Motors Ford
■Mercedes-Benz Volkswagen
Stellantis
Other
LEAR
Lear Proprietary: The information contained herein is the property of Lear Corporation.
Note: 2023 Outlook as reported on February 2, 2023 (fourth quarter 2022 earnings release)
Please see appendix for discussion of non-GAAP financial measures, as well as reconciliations of non-GAAP financial
measures to the most directly comparable financial measures calculated and presented in accordance with GAAP.
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