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Side-by-side financial comparison of LEAR CORP (LEA) and Smurfit Westrock (SW). Click either name above to swap in a different company.
Smurfit Westrock is the larger business by last-quarter revenue ($7.6B vs $6.0B, roughly 1.3× LEAR CORP). LEAR CORP runs the higher net margin — 1.4% vs 1.3%, a 0.1% gap on every dollar of revenue. On growth, LEAR CORP posted the faster year-over-year revenue change (4.8% vs 0.5%). Smurfit Westrock produced more free cash flow last quarter ($612.0M vs $281.1M). Over the past eight quarters, Smurfit Westrock's revenue compounded faster (60.8% 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.
Smurfit Westrock plc is an Irish company based in Dublin, Ireland that manufactures corrugated and paper-based packaging. Its stock is listed on the New York Stock Exchange and the London Stock Exchange.
LEA vs SW — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $6.0B | $7.6B |
| Net Profit | $82.7M | $97.0M |
| Gross Margin | 5.7% | 18.2% |
| Operating Margin | 2.6% | 5.1% |
| Net Margin | 1.4% | 1.3% |
| Revenue YoY | 4.8% | 0.5% |
| Net Profit YoY | -6.1% | -33.6% |
| EPS (diluted) | $1.58 | $0.18 |
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 | $7.6B | ||
| Q3 25 | $5.7B | $8.0B | ||
| Q2 25 | $6.0B | $7.9B | ||
| Q1 25 | $5.6B | $7.7B | ||
| Q4 24 | $5.7B | $7.5B | ||
| Q3 24 | $5.6B | $7.7B | ||
| Q2 24 | $6.0B | $3.0B | ||
| Q1 24 | $6.0B | $2.9B |
| Q4 25 | $82.7M | $97.0M | ||
| Q3 25 | $108.2M | $246.0M | ||
| Q2 25 | $165.2M | $-28.0M | ||
| Q1 25 | $80.7M | $384.0M | ||
| Q4 24 | $88.1M | $146.0M | ||
| Q3 24 | $135.8M | $-150.0M | ||
| Q2 24 | $173.1M | $132.0M | ||
| Q1 24 | $109.6M | $191.0M |
| Q4 25 | 5.7% | 18.2% | ||
| Q3 25 | 6.4% | 19.6% | ||
| Q2 25 | 7.3% | 19.1% | ||
| Q1 25 | 6.5% | 20.6% | ||
| Q4 24 | 6.8% | 19.1% | ||
| Q3 24 | 7.3% | 17.6% | ||
| Q2 24 | 7.5% | 23.3% | ||
| Q1 24 | 6.6% | 24.2% |
| Q4 25 | 2.6% | 5.1% | ||
| Q3 25 | 3.4% | 6.6% | ||
| Q2 25 | 4.1% | 3.2% | ||
| Q1 25 | 3.3% | 7.2% | ||
| Q4 24 | 3.7% | 5.3% | ||
| Q3 24 | 3.9% | 0.7% | ||
| Q2 24 | 4.3% | 8.2% | ||
| Q1 24 | 3.3% | 10.5% |
| Q4 25 | 1.4% | 1.3% | ||
| Q3 25 | 1.9% | 3.1% | ||
| Q2 25 | 2.7% | -0.4% | ||
| Q1 25 | 1.5% | 5.0% | ||
| Q4 24 | 1.5% | 1.9% | ||
| Q3 24 | 2.4% | -2.0% | ||
| Q2 24 | 2.9% | 4.4% | ||
| Q1 24 | 1.8% | 6.5% |
| Q4 25 | $1.58 | $0.18 | ||
| Q3 25 | $2.02 | $0.47 | ||
| Q2 25 | $3.06 | $-0.05 | ||
| Q1 25 | $1.49 | $0.73 | ||
| Q4 24 | $1.64 | $-0.12 | ||
| Q3 24 | $2.41 | $-0.30 | ||
| Q2 24 | $3.02 | $0.51 | ||
| Q1 24 | $1.90 | $0.73 |
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 | $892.0M |
| Total DebtLower is stronger | $2.7B | $13.4B |
| Stockholders' EquityBook value | $5.0B | $18.3B |
| Total Assets | $14.8B | $45.2B |
| Debt / EquityLower = less leverage | 0.54× | 0.73× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.0B | $892.0M | ||
| Q3 25 | $1.0B | $851.0M | ||
| Q2 25 | $887.9M | $778.0M | ||
| Q1 25 | $779.9M | $797.0M | ||
| Q4 24 | $1.1B | $855.0M | ||
| Q3 24 | $763.9M | — | ||
| Q2 24 | $950.3M | $26.8K | ||
| Q1 24 | $930.4M | $108 |
| Q4 25 | $2.7B | $13.4B | ||
| Q3 25 | $2.8B | $13.3B | ||
| Q2 25 | $2.8B | $13.3B | ||
| Q1 25 | $2.7B | $12.9B | ||
| Q4 24 | $2.7B | $12.5B | ||
| Q3 24 | $2.8B | $13.2B | ||
| Q2 24 | $2.7B | — | ||
| Q1 24 | $2.7B | — |
| Q4 25 | $5.0B | $18.3B | ||
| Q3 25 | $5.1B | $18.4B | ||
| Q2 25 | $5.1B | $18.3B | ||
| Q1 25 | $4.7B | $17.9B | ||
| Q4 24 | $4.5B | $17.4B | ||
| Q3 24 | $4.8B | $18.0B | ||
| Q2 24 | $4.8B | $14.5K | ||
| Q1 24 | $4.9B | $108 |
| Q4 25 | $14.8B | $45.2B | ||
| Q3 25 | $15.2B | $45.6B | ||
| Q2 25 | $15.3B | $45.7B | ||
| Q1 25 | $14.6B | $44.6B | ||
| Q4 24 | $14.0B | $43.8B | ||
| Q3 24 | $14.8B | $45.0B | ||
| Q2 24 | $14.7B | $26.8K | ||
| Q1 24 | $14.9B | $108 |
| Q4 25 | 0.54× | 0.73× | ||
| Q3 25 | 0.54× | 0.72× | ||
| Q2 25 | 0.54× | 0.73× | ||
| Q1 25 | 0.59× | 0.72× | ||
| Q4 24 | 0.61× | 0.72× | ||
| Q3 24 | 0.58× | 0.73× | ||
| Q2 24 | 0.57× | — | ||
| Q1 24 | 0.56× | — |
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 | $1.2B |
| Free Cash FlowOCF − Capex | $281.1M | $612.0M |
| FCF MarginFCF / Revenue | 4.7% | 8.1% |
| Capex IntensityCapex / Revenue | 3.3% | 7.7% |
| Cash ConversionOCF / Net Profit | 5.75× | 12.32× |
| TTM Free Cash FlowTrailing 4 quarters | $527.2M | $1.2B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $475.9M | $1.2B | ||
| Q3 25 | $444.4M | $1.1B | ||
| Q2 25 | $296.2M | $829.0M | ||
| Q1 25 | $-127.7M | $235.0M | ||
| Q4 24 | $680.8M | $781.0M | ||
| Q3 24 | $182.7M | $320.0M | ||
| Q2 24 | $291.2M | $340.0M | ||
| Q1 24 | $-34.6M | $42.0M |
| Q4 25 | $281.1M | $612.0M | ||
| Q3 25 | $307.0M | $523.0M | ||
| Q2 25 | $170.8M | $307.0M | ||
| Q1 25 | $-231.7M | $-242.0M | ||
| Q4 24 | $488.7M | $212.0M | ||
| Q3 24 | $50.5M | $-192.0M | ||
| Q2 24 | $170.4M | $163.0M | ||
| Q1 24 | $-148.2M | $-166.0M |
| Q4 25 | 4.7% | 8.1% | ||
| Q3 25 | 5.4% | 6.5% | ||
| Q2 25 | 2.8% | 3.9% | ||
| Q1 25 | -4.2% | -3.2% | ||
| Q4 24 | 8.6% | 2.8% | ||
| Q3 24 | 0.9% | -2.5% | ||
| Q2 24 | 2.8% | 5.5% | ||
| Q1 24 | -2.5% | -5.7% |
| Q4 25 | 3.3% | 7.7% | ||
| Q3 25 | 2.4% | 7.6% | ||
| Q2 25 | 2.1% | 6.6% | ||
| Q1 25 | 1.9% | 6.2% | ||
| Q4 24 | 3.4% | 7.5% | ||
| Q3 24 | 2.4% | 6.7% | ||
| Q2 24 | 2.0% | 6.0% | ||
| Q1 24 | 1.9% | 7.1% |
| Q4 25 | 5.75× | 12.32× | ||
| Q3 25 | 4.11× | 4.61× | ||
| Q2 25 | 1.79× | — | ||
| Q1 25 | -1.58× | 0.61× | ||
| Q4 24 | 7.73× | 5.35× | ||
| Q3 24 | 1.35× | — | ||
| Q2 24 | 1.68× | 2.58× | ||
| Q1 24 | -0.32× | 0.22× |
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% |
SW
| Packaging | $3.3B | 43% |
| Other | $3.2B | 43% |
| Paper | $1.1B | 14% |
