vs
Side-by-side financial comparison of LEAR CORP (LEA) and REINSURANCE GROUP OF AMERICA INC (RGA). Click either name above to swap in a different company.
REINSURANCE GROUP OF AMERICA INC is the larger business by last-quarter revenue ($6.6B vs $6.0B, roughly 1.1× LEAR CORP). REINSURANCE GROUP OF AMERICA INC runs the higher net margin — 7.0% vs 1.4%, a 5.6% gap on every dollar of revenue. On growth, REINSURANCE GROUP OF AMERICA INC posted the faster year-over-year revenue change (26.6% vs 4.8%). Over the past eight quarters, REINSURANCE GROUP OF AMERICA INC's revenue compounded faster (2.3% CAGR vs -0.1%).
Lear Corporation is an American company that manufactures automotive seating and electrical systems. In 2019, it ranked #147 and in 2018, it ranked #148 on the Fortune 500 list.
Reinsurance Group of America, Incorporated is a holding company for a global life and health reinsurance entity based in Greater St. Louis within the western suburb of Chesterfield, Missouri, United States. With approximately $3.9 trillion of life reinsurance in force and assets of $118.7 billion as of December 31, 2024, RGA has grown to become the only international company to focus primarily on life and health-related reinsurance.
LEA vs RGA — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $6.0B | $6.6B |
| Net Profit | $82.7M | $463.0M |
| Gross Margin | 5.7% | — |
| Operating Margin | 2.6% | 7.7% |
| Net Margin | 1.4% | 7.0% |
| Revenue YoY | 4.8% | 26.6% |
| Net Profit YoY | -6.1% | 212.8% |
| EPS (diluted) | $1.58 | $6.91 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $6.0B | $6.6B | ||
| Q3 25 | $5.7B | $6.2B | ||
| Q2 25 | $6.0B | $5.6B | ||
| Q1 25 | $5.6B | $5.3B | ||
| Q4 24 | $5.7B | $5.2B | ||
| Q3 24 | $5.6B | $5.7B | ||
| Q2 24 | $6.0B | $4.9B | ||
| Q1 24 | $6.0B | $6.3B |
| Q4 25 | $82.7M | $463.0M | ||
| Q3 25 | $108.2M | $253.0M | ||
| Q2 25 | $165.2M | $180.0M | ||
| Q1 25 | $80.7M | $286.0M | ||
| Q4 24 | $88.1M | $148.0M | ||
| Q3 24 | $135.8M | $156.0M | ||
| Q2 24 | $173.1M | $203.0M | ||
| Q1 24 | $109.6M | $210.0M |
| Q4 25 | 5.7% | — | ||
| Q3 25 | 6.4% | — | ||
| Q2 25 | 7.3% | — | ||
| Q1 25 | 6.5% | — | ||
| Q4 24 | 6.8% | — | ||
| Q3 24 | 7.3% | — | ||
| Q2 24 | 7.5% | — | ||
| Q1 24 | 6.6% | — |
| Q4 25 | 2.6% | 7.7% | ||
| Q3 25 | 3.4% | 5.2% | ||
| Q2 25 | 4.1% | 6.1% | ||
| Q1 25 | 3.3% | 7.0% | ||
| Q4 24 | 3.7% | 4.3% | ||
| Q3 24 | 3.9% | 3.8% | ||
| Q2 24 | 4.3% | 5.5% | ||
| Q1 24 | 3.3% | 4.3% |
| Q4 25 | 1.4% | 7.0% | ||
| Q3 25 | 1.9% | 4.1% | ||
| Q2 25 | 2.7% | 3.2% | ||
| Q1 25 | 1.5% | 5.4% | ||
| Q4 24 | 1.5% | 2.8% | ||
| Q3 24 | 2.4% | 2.8% | ||
| Q2 24 | 2.9% | 4.2% | ||
| Q1 24 | 1.8% | 3.3% |
| Q4 25 | $1.58 | $6.91 | ||
| Q3 25 | $2.02 | $3.81 | ||
| Q2 25 | $3.06 | $2.70 | ||
| Q1 25 | $1.49 | $4.27 | ||
| Q4 24 | $1.64 | $2.21 | ||
| Q3 24 | $2.41 | $2.33 | ||
| Q2 24 | $3.02 | $3.03 | ||
| Q1 24 | $1.90 | $3.16 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.0B | $4.2B |
| Total DebtLower is stronger | $2.7B | $5.7B |
| Stockholders' EquityBook value | $5.0B | $13.5B |
| Total Assets | $14.8B | $156.6B |
| Debt / EquityLower = less leverage | 0.54× | 0.42× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.0B | $4.2B | ||
| Q3 25 | $1.0B | $4.6B | ||
| Q2 25 | $887.9M | $5.4B | ||
| Q1 25 | $779.9M | $5.2B | ||
| Q4 24 | $1.1B | $3.3B | ||
| Q3 24 | $763.9M | $5.2B | ||
| Q2 24 | $950.3M | $4.6B | ||
| Q1 24 | $930.4M | $5.9B |
| Q4 25 | $2.7B | $5.7B | ||
| Q3 25 | $2.8B | $5.7B | ||
| Q2 25 | $2.8B | $5.7B | ||
| Q1 25 | $2.7B | $5.7B | ||
| Q4 24 | $2.7B | $5.0B | ||
| Q3 24 | $2.8B | $5.1B | ||
| Q2 24 | $2.7B | $5.1B | ||
| Q1 24 | $2.7B | $4.4B |
| Q4 25 | $5.0B | $13.5B | ||
| Q3 25 | $5.1B | $13.0B | ||
| Q2 25 | $5.1B | $12.1B | ||
| Q1 25 | $4.7B | $11.4B | ||
| Q4 24 | $4.5B | $10.8B | ||
| Q3 24 | $4.8B | $11.1B | ||
| Q2 24 | $4.8B | $9.7B | ||
| Q1 24 | $4.9B | $9.5B |
| Q4 25 | $14.8B | $156.6B | ||
| Q3 25 | $15.2B | $152.0B | ||
| Q2 25 | $15.3B | $133.5B | ||
| Q1 25 | $14.6B | $128.2B | ||
| Q4 24 | $14.0B | $118.7B | ||
| Q3 24 | $14.8B | $120.3B | ||
| Q2 24 | $14.7B | $109.9B | ||
| Q1 24 | $14.9B | $106.0B |
| Q4 25 | 0.54× | 0.42× | ||
| Q3 25 | 0.54× | 0.44× | ||
| Q2 25 | 0.54× | 0.48× | ||
| Q1 25 | 0.59× | 0.50× | ||
| Q4 24 | 0.61× | 0.47× | ||
| Q3 24 | 0.58× | 0.46× | ||
| Q2 24 | 0.57× | 0.52× | ||
| Q1 24 | 0.56× | 0.47× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $475.9M | $7.3B |
| Free Cash FlowOCF − Capex | $281.1M | — |
| FCF MarginFCF / Revenue | 4.7% | — |
| Capex IntensityCapex / Revenue | 3.3% | — |
| Cash ConversionOCF / Net Profit | 5.75× | 15.83× |
| TTM Free Cash FlowTrailing 4 quarters | $527.2M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $475.9M | $7.3B | ||
| Q3 25 | $444.4M | $-990.0M | ||
| Q2 25 | $296.2M | $-820.0M | ||
| Q1 25 | $-127.7M | $-1.4B | ||
| Q4 24 | $680.8M | $17.1B | ||
| Q3 24 | $182.7M | $-1.1B | ||
| Q2 24 | $291.2M | $-967.0M | ||
| Q1 24 | $-34.6M | $-5.7B |
| Q4 25 | $281.1M | — | ||
| Q3 25 | $307.0M | — | ||
| Q2 25 | $170.8M | — | ||
| Q1 25 | $-231.7M | — | ||
| Q4 24 | $488.7M | — | ||
| Q3 24 | $50.5M | — | ||
| Q2 24 | $170.4M | — | ||
| Q1 24 | $-148.2M | — |
| Q4 25 | 4.7% | — | ||
| Q3 25 | 5.4% | — | ||
| Q2 25 | 2.8% | — | ||
| Q1 25 | -4.2% | — | ||
| Q4 24 | 8.6% | — | ||
| Q3 24 | 0.9% | — | ||
| Q2 24 | 2.8% | — | ||
| Q1 24 | -2.5% | — |
| Q4 25 | 3.3% | — | ||
| Q3 25 | 2.4% | — | ||
| Q2 25 | 2.1% | — | ||
| Q1 25 | 1.9% | — | ||
| Q4 24 | 3.4% | — | ||
| Q3 24 | 2.4% | — | ||
| Q2 24 | 2.0% | — | ||
| Q1 24 | 1.9% | — |
| Q4 25 | 5.75× | 15.83× | ||
| Q3 25 | 4.11× | -3.91× | ||
| Q2 25 | 1.79× | -4.56× | ||
| Q1 25 | -1.58× | -5.00× | ||
| Q4 24 | 7.73× | 115.81× | ||
| Q3 24 | 1.35× | -6.84× | ||
| Q2 24 | 1.68× | -4.76× | ||
| Q1 24 | -0.32× | -27.31× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LEA
| Other | $3.5B | 59% |
| Seating Segment | $1.9B | 32% |
| E Systems Segment | $520.6M | 9% |
RGA
Segment breakdown not available.
