Leggett & Platt, Incorporated
NYSE•LEG
CEO: Mr. Karl G. Glassman
Sector: Consumer Cyclical
Industry: Furnishings, Fixtures & Appliances
Listing Date: 1980-03-17
Leggett & Platt, Incorporated designs, manufactures, and sells engineered components and products in the United States, Europe, China, Canada, Mexico, and internationally. It operates through three segments: Bedding Products; Specialized Products; and Furniture, Flooring & Textile Products. The company offers steel rods, drawn wires, specialty foam chemicals and additives, innersprings, specialty foam for use in bedding and furniture, private label finished mattresses, ready-to-assemble mattress foundations, static foundations, and adjustable beds, as well as machines for producing innersprings; industrial sewing and quilting machines; mattress-packaging; and glue-drying equipment for various industrial users of steel rod and wire, manufacturers of finished bedding, bedding brands and mattress retailers, E-commerce retailers, big box retailers, department stores, and home improvement centers. It also provides mechanical and pneumatic lumbar support and massage systems for automotive seating; seat suspension systems; motors and actuators; cables; titanium, nickel, and stainless-steel tubing, formed tubes, tube assemblies, and flexible joint components for fluid conveyance systems; and engineered hydraulic cylinders to automobile original equipment manufacturers (OEMs) and suppliers, aerospace OEMs and suppliers, and mobile equipment OEMs. In addition, the company offers steel mechanisms and motion hardware; springs and seat suspensions; components and private label finished goods for soft seating; bases, columns, back rests, casters, and frames for office chairs; control devices for chairs; and carpet cushion and hard surface flooring underlayment, structural fabrics, and geo components for manufacturers of upholstered and office furniture, flooring retailers and distributors, contractors, landscapers, road construction companies, retailers, government agencies, and mattress and furniture producers, as well as manufacturers of packaging, filtration, and draperies. Leggett & Platt, Incorporated was founded in 1883 and is headquartered in Carthage, Missouri.
Contact Information
Market Cap
$1.45B
P/E (TTM)
6.6
20.7
Dividend Yield
1.9%
52W High
$13.00
52W Low
$7.86
52W Range
Rank30Top 19.5%
5.1
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 5.1 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q1 2026 Data
Revenue
$918.10M+0.00%
4-Quarter Trend
EPS
$0.14+0.00%
4-Quarter Trend
FCF
-$80.40M+0.00%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
Net Earnings Rebound Net earnings $235.4M in 2025 versus $(511.5)M loss in 2024; diluted EPS $1.69 from $(3.73) loss.
Sales Decline Moderates Trade sales $4.06B, down 7.5% in 2025; organic sales fell 5.5% driven by 6% volume declines.
Aerospace Divestiture Completed Divested Aerospace Group for $280.3M cash, recognizing $90.9M pretax gain; proceeds used primarily to reduce debt.
Operating Cash Flow Improves Cash from operations increased to $338.2M in 2025 from $305.7M in 2024, driven by working capital improvements.
Risk Factors
Macro Demand Uncertainty Expect 2026 overall demand to be flat or modestly lower due to macroeconomic pressures and consumer confidence.
Supply Chain Disruptions Risk Ongoing supply chain disruptions impacting raw material receipt and finished product delivery could adversely affect operations.
Geopolitical Trade Restrictions Export restrictions on semiconductors and critical minerals due to geopolitical conflicts threaten Automotive component supply.
Credit Access Constraints Lower credit ratings could adversely affect borrowing sources, capital market access, and increase overall borrowing costs.
Outlook
2026 Restructuring Plan Initiated Committed to 2026 Restructuring Plan in Feb 2026, expecting $15M pretax costs to improve efficiency by year-end.
Somnigroup Strategic Review Board declined Somnigroup's unsolicited offer but entered due diligence; transaction outcome remains uncertain.
Disciplined Capital Deployment Anticipate applying cash flow to reduce net debt; expect 2026 CapEx between $100M and $115M.
Focus on Core Profitability Continue identifying opportunities to improve cost structure and profitability across all operating segments.
Peer Comparison
Revenue (TTM)
$5.30B
$3.95B
$3.80B
Gross Margin (Latest Quarter)
64.9%
43.1%
43.1%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| GRBK | $3.11B | 10.5 | 16.4% | 11.2% |
| MLCO | $2.14B | 9.3 | -17.6% | 93.8% |
| TILE | $1.85B | 14.7 | 16.7% | 22.8% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-4.6%
Flat Growth
4Q Net Income CAGR
-27.5%
Declining Profitability
Cash Flow Stability
75%
Volatile Cash Flow
Deep Research
Next earnings:Jul 30, 2026
EPS:$0.29
|Revenue:$982.95M
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
|---|
No Data