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Leggett & Platt Inc Financials

LEG
Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Leggett & Platt Inc (LEG) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 18 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 48 / 100
Financial Profile 48/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Growth
21

Leggett & Platt Inc's revenue declined 7.5% year-over-year, from $4.4B to $4.1B. This contraction results in a growth score of 21/100.

Leverage
72

Leggett & Platt Inc carries a low D/E ratio of 1.46, meaning only $1.46 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 72/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
41

Leggett & Platt Inc's current ratio of 2.25 indicates adequate short-term liquidity, earning a score of 41/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow
42

Leggett & Platt Inc has a free cash flow margin of 6.9%, earning a moderate score of 42/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns
62

Leggett & Platt Inc's ROE of 23.0% shows moderate profitability relative to equity, earning a score of 62/100. This is up from -74.2% the prior year.

Piotroski F-Score Strong
7/9

Leggett & Platt Inc passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Cash-Backed
1.44x

For every $1 of reported earnings, Leggett & Platt Inc generates $1.44 in operating cash flow ($338.2M OCF vs $235.4M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue
$4.1B
YoY-7.5%
5Y CAGR-1.3%
10Y CAGR-0.8%

Leggett & Platt Inc generated $4.1B in revenue in fiscal year 2025. This represents a decrease of 7.5% from the prior year.

EBITDA
N/A
Net Income
$235.4M
YoY+146.0%
5Y CAGR-1.4%
10Y CAGR-3.2%

Leggett & Platt Inc reported $235.4M in net income in fiscal year 2025. This represents an increase of 146.0% from the prior year.

EPS (Diluted)
$1.69
YoY+145.3%
5Y CAGR-1.9%
10Y CAGR-3.0%

Leggett & Platt Inc earned $1.69 per diluted share (EPS) in fiscal year 2025. This represents an increase of 145.3% from the prior year.

Cash & Balance Sheet

Free Cash Flow
$281.0M
YoY+25.4%
5Y CAGR-12.1%
10Y CAGR+0.9%

Leggett & Platt Inc generated $281.0M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 25.4% from the prior year.

Cash & Debt
$587.4M
YoY+67.7%
5Y CAGR+11.0%
10Y CAGR+8.8%

Leggett & Platt Inc held $587.4M in cash against $1.5B in long-term debt as of fiscal year 2025.

Dividends Per Share
$0.20
YoY-67.2%
5Y CAGR-34.0%
10Y CAGR-16.8%

Leggett & Platt Inc paid $0.20 per share in dividends in fiscal year 2025. This represents a decrease of 67.2% from the prior year.

Shares Outstanding
N/A

Margins & Returns

Gross Margin
18.4%
YoY+1.3pp
5Y CAGR-2.5pp
10Y CAGR-2.7pp

Leggett & Platt Inc's gross margin was 18.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 1.3 percentage points from the prior year.

Operating Margin
N/A
Net Margin
5.8%
YoY+17.5pp
5Y CAGR-0.0pp
10Y CAGR-1.6pp

Leggett & Platt Inc's net profit margin was 5.8% in fiscal year 2025, showing the share of revenue converted to profit. This is up 17.5 percentage points from the prior year.

Return on Equity
23.0%
YoY+97.2pp
5Y CAGR+5.3pp
10Y CAGR-6.9pp

Leggett & Platt Inc's ROE was 23.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 97.2 percentage points from the prior year.

Capital Allocation

R&D Spending
N/A
Share Buybacks
$2.4M
YoY-51.0%
5Y CAGR-25.7%
10Y CAGR-35.5%

Leggett & Platt Inc spent $2.4M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 51.0% from the prior year.

Capital Expenditures
$57.2M
YoY-29.9%
5Y CAGR-2.9%
10Y CAGR-5.7%

Leggett & Platt Inc invested $57.2M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 29.9% from the prior year.

LEG Income Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Revenue $938.6M-9.4% $1.0B-2.0% $1.1B+3.5% $1.0B-3.2% $1.1B-4.1% $1.1B-2.4% $1.1B+2.9% $1.1B
Cost of Revenue $770.8M-8.5% $842.7M-2.6% $865.4M+4.0% $832.1M-5.5% $880.8M-2.3% $901.1M-4.4% $942.1M+3.5% $910.5M
Gross Profit $167.8M-13.4% $193.7M+0.6% $192.6M+1.4% $190.0M+8.2% $175.6M-12.5% $200.6M+7.6% $186.5M+0.1% $186.4M
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $121.8M-2.2% $124.5M+5.2% $118.4M-4.2% $123.6M-0.6% $124.4M-2.0% $127.0M-3.4% $131.5M+4.4% $125.9M
Operating Income N/A N/A N/A N/A N/A N/A N/A N/A
Interest Expense $15.1M-18.4% $18.5M-9.8% $20.5M+9.0% $18.8M-10.0% $20.9M-0.5% $21.0M-6.3% $22.4M+3.7% $21.6M
Income Tax -$6.6M-124.3% $27.2M+41.7% $19.2M+32.4% $14.5M+34.3% $10.8M-15.6% $12.8M+139.8% -$32.2M-398.1% $10.8M
Net Income $25.2M-80.2% $127.1M+142.1% $52.5M+71.6% $30.6M+115.5% $14.2M-68.4% $44.9M+107.5% -$602.2M-2005.7% $31.6M
EPS (Diluted) N/A $0.91+139.5% $0.38+72.7% $0.22 N/A $0.33+107.5% $-4.39-2008.7% $0.23

LEG Balance Sheet

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Total Assets $3.5B+0.3% $3.5B-4.8% $3.7B-1.2% $3.7B+2.4% $3.7B-3.1% $3.8B-1.5% $3.8B-16.8% $4.6B
Current Assets $1.7B+2.0% $1.7B-1.9% $1.7B-2.3% $1.8B+5.5% $1.7B-2.5% $1.7B-3.0% $1.8B-3.9% $1.9B
Cash & Equivalents $587.4M+27.5% $460.7M+24.9% $368.8M-10.6% $412.6M+17.8% $350.2M+26.3% $277.2M-9.7% $307.0M-15.0% $361.3M
Inventory $622.6M-1.8% $634.0M-2.3% $648.6M-4.4% $678.3M-6.1% $722.6M-4.2% $754.4M-0.1% $755.4M-6.4% $807.4M
Accounts Receivable $433.7M-19.1% $536.1M-1.1% $542.2M+3.8% $522.3M+3.8% $503.0M-13.9% $583.9M-1.5% $593.0M+2.7% $577.4M
Goodwill $751.4M+0.4% $748.5M-0.4% $751.2M+2.2% $734.9M-7.5% $794.4M-2.5% $814.7M+1.3% $804.1M-45.7% $1.5B
Total Liabilities $2.5B-1.5% $2.6B-10.4% $2.8B-5.1% $3.0B+1.0% $3.0B-2.2% $3.0B-4.2% $3.2B-4.7% $3.3B
Current Liabilities $775.0M-2.4% $794.1M-1.0% $802.3M-1.0% $810.4M-4.3% $846.4M-27.8% $1.2B+0.3% $1.2B-1.7% $1.2B
Long-Term Debt $1.5B0.0% $1.5B-16.5% $1.8B-7.4% $1.9B+3.9% $1.9B+18.0% $1.6B-7.3% $1.7B-4.0% $1.8B
Total Equity $1.0B+5.2% $971.8M+13.7% $855.0M+14.5% $746.8M+8.3% $689.4M-7.0% $741.0M+11.0% $667.6M-48.2% $1.3B
Retained Earnings $2.3B+0.8% $2.3B+5.6% $2.1B+2.2% $2.1B+1.1% $2.1B+0.3% $2.1B+1.9% $2.0B-23.2% $2.6B

LEG Cash Flow Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Operating Cash Flow $121.5M-3.5% $125.9M+49.9% $84.0M+1135.3% $6.8M-94.4% $122.3M+28.1% $95.5M+1.6% $94.0M+1641.0% -$6.1M
Capital Expenditures $19.6M+24.1% $15.8M+85.9% $8.5M-36.1% $13.3M-39.0% $21.8M+18.5% $18.4M+18.7% $15.5M-40.2% $25.9M
Free Cash Flow $101.9M-7.4% $110.1M+45.8% $75.5M+1261.5% -$6.5M-106.5% $100.5M+30.4% $77.1M-1.8% $78.5M+345.3% -$32.0M
Investing Cash Flow $5.2M-98.1% $277.8M+1593.9% $16.4M+368.9% -$6.1M+65.7% -$17.8M-8800.0% -$200K+97.6% -$8.2M+21.2% -$10.4M
Financing Cash Flow -$6.5M+97.9% -$312.9M-103.4% -$153.8M-356.3% $60.0M+356.4% -$23.4M+81.9% -$129.5M+4.2% -$135.2M-847.0% $18.1M
Dividends Paid $6.8M+1.5% $6.7M-1.5% $6.8M+1.5% $6.7M+1.5% $6.6M-1.5% $6.7M-89.1% $61.7M+0.7% $61.3M
Share Buybacks $0-100.0% $100K-66.7% $300K-85.0% $2.0M+400.0% $400K+100.0% $200K0.0% $200K-95.1% $4.1M

LEG Financial Ratios

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Gross Margin 17.9%-0.8pp 18.7%+0.5pp 18.2%-0.4pp 18.6%+2.0pp 16.6%-1.6pp 18.2%+1.7pp 16.5%-0.5pp 17.0%
Operating Margin N/A N/A N/A N/A N/A N/A N/A N/A
Net Margin 2.7%-9.6pp 12.3%+7.3pp 5.0%+2.0pp 3.0%+1.7pp 1.3%-2.7pp 4.1%+57.4pp -53.4%-56.2pp 2.9%
Return on Equity 2.5%-10.6pp 13.1%+6.9pp 6.1%+2.0pp 4.1%+2.0pp 2.1%-4.0pp 6.1%+96.3pp -90.2%-92.7pp 2.5%
Return on Assets 0.7%-2.9pp 3.6%+2.2pp 1.4%+0.6pp 0.8%+0.4pp 0.4%-0.8pp 1.2%+16.9pp -15.7%-16.4pp 0.7%
Current Ratio 2.25+0.1 2.15-0.0 2.17-0.0 2.20+0.2 2.00+0.5 1.48-0.1 1.53-0.0 1.57
Debt-to-Equity 1.46-0.1 1.54-0.6 2.10-0.5 2.59-0.1 2.70+0.6 2.13-0.4 2.55+1.2 1.38
FCF Margin 10.9%+0.2pp 10.6%+3.5pp 7.1%+7.8pp -0.6%-10.2pp 9.5%+2.5pp 7.0%+0.0pp 7.0%+9.9pp -2.9%

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Frequently Asked Questions

Leggett & Platt Inc (LEG) reported $4.1B in total revenue for fiscal year 2025. This represents a -7.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Leggett & Platt Inc (LEG) revenue declined by 7.5% year-over-year, from $4.4B to $4.1B in fiscal year 2025.

Yes, Leggett & Platt Inc (LEG) reported a net income of $235.4M in fiscal year 2025, with a net profit margin of 5.8%.

Leggett & Platt Inc (LEG) reported diluted earnings per share of $1.69 for fiscal year 2025. This represents a 145.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

As of fiscal year 2025, Leggett & Platt Inc (LEG) had $587.4M in cash and equivalents against $1.5B in long-term debt.

Leggett & Platt Inc (LEG) had a gross margin of 18.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Leggett & Platt Inc (LEG) had a net profit margin of 5.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Yes, Leggett & Platt Inc (LEG) paid $0.20 per share in dividends during fiscal year 2025.

Leggett & Platt Inc (LEG) has a return on equity of 23.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Leggett & Platt Inc (LEG) generated $281.0M in free cash flow during fiscal year 2025. This represents a 25.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Leggett & Platt Inc (LEG) generated $338.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Leggett & Platt Inc (LEG) had $3.5B in total assets as of fiscal year 2025, including both current and long-term assets.

Leggett & Platt Inc (LEG) invested $57.2M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Yes, Leggett & Platt Inc (LEG) spent $2.4M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Leggett & Platt Inc (LEG) had a current ratio of 2.25 as of fiscal year 2025, which is generally considered healthy.

Leggett & Platt Inc (LEG) had a debt-to-equity ratio of 1.46 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Leggett & Platt Inc (LEG) had a return on assets of 6.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Leggett & Platt Inc (LEG) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Leggett & Platt Inc (LEG) has an earnings quality ratio of 1.44x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Leggett & Platt Inc (LEG) scores 48 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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