CoverageForm 410-K10-Q8-K13D13G13F

LEG · Leggett & Platt Inc - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · LEG

Income Statement

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Revenue$4.06B$4.38B$4.73B$5.20B$5.13B$4.33B
Cost of Revenue$3.31B$3.63B$3.87B$4.17B$4.03B$3.39B
Gross Profit$744.10M$749.10M$853.80M$976.80M$1.04B$894.50M
R&D------
SG&A$488.30M$508.80M$465.40M$427.30M$422.10M$424.40M
Total Operating Expenses------
D&A$104.70M$112.40M$179.90M$179.80M$187.30M$189.40M
Operating Income$289.70M($509.20M)($173.40M)$403.60M$327.90M$320.90M
Interest Expense$72.90M$85.90M$88.40M$85.50M$76.50M$82.70M
Income Tax$54.30M$2.20M($36.60M)$93.70M$119.50M$73.20M
Net Income$235.40M($511.50M)($136.80M)$309.80M$402.40M$247.60M
EPS - Basic$1.70($3.73)($1.00)$2.28$2.95$1.82
EPS - Diluted$1.69($3.73)($1.00)$2.27$2.94$1.82

Balance Sheet

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Cash & Equivalents$587.40M$350.20M$365.50M$316.50M$361.70M$348.90M
Accounts Receivable$433.70M$503.00M$564.90M$609.00M$620.00M$535.20M
Inventory$622.60M$722.60M$819.70M$907.50M$993.20M$645.50M
Accounts Payable$466.60M$497.70M$536.20M$518.40M$613.80M$552.20M
Current Assets$1.74B$1.69B$1.88B$1.96B$2.07B$1.61B
Total Assets$3.54B$3.66B$4.63B$5.19B$5.31B$4.75B
Current Liabilities$775.00M$846.40M$1.26B$968.10M$1.34B$1.01B
Long-term Debt-----$1.90B
Total Liabilities------
Stockholders' Equity$1.02B$689.40M$1.33B$1.64B$1.65B$1.39B
Retained Earnings$2.27B$2.06B$2.66B$3.05B$2.97B$2.76B

Cash Flow

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Operating Cash Flow$338.20M$305.70M$497.20M$441.40M$271.30M$602.60M
Investing Cash Flow$293.30M($36.60M)($91.30M)($181.20M)($226.20M)($49.00M)
Financing Cash Flow($413.20M)($270.00M)($358.80M)($286.20M)($32.80M)($461.70M)
CapEx$57.20M$81.60M$113.80M$100.30M$106.60M$66.20M
Free Cash Flow$281.00M$224.10M$383.40M$341.10M$164.70M$536.40M

Ratios

MetricFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Profitability
Gross margin18.3%17.1%18.1%18.8%20.2%20.7%
Operating margin7.1%-11.6%-3.7%7.8%6.4%7.4%
EBITDA margin9.7%-9.1%0.1%11.2%10.0%11.8%
Net margin5.8%-11.7%-2.9%6.0%7.8%5.7%
Free cash flow margin6.9%5.1%8.1%6.6%3.2%12.4%
FCF / Net income1.19-0.44-2.801.100.412.17
R&D / Revenue------
SG&A / Revenue12.0%11.6%9.8%8.2%8.2%9.8%
Effective tax rate18.7%--23.2%22.9%22.8%
Return on assets6.7%-14.0%-3.0%6.0%7.6%5.2%
Return on equity23.0%-74.2%-10.3%18.9%24.4%17.8%
Return on invested capital-----7.5%
Liquidity
Current ratio2.252.001.492.021.551.60
Quick ratio1.451.140.841.090.800.96
Cash ratio0.760.410.290.330.270.35
Leverage
Debt / Equity-----1.37
Debt / Assets-----0.40
Debt / EBITDA-----3.72
Interest coverage4.0x-5.9x-2.0x4.7x4.3x3.9x
Equity multiplier3.465.313.483.163.223.42
Liabilities / Assets------
Efficiency
Asset turnover1.151.201.021.000.970.91
Inventory turnover5.325.034.724.594.065.25
Days sales outstanding39d42d44d43d44d45d
Days inventory outstanding69d73d77d79d90d70d
Days payable outstanding51d50d51d45d56d60d
Cash conversion cycle56d64d70d77d78d55d
Valuation
P / E6.5x--14.2x14.0x24.3x
P / B1.5x1.9x2.7x2.7x3.4x4.3x
P / S0.4x0.3x0.8x0.8x1.1x1.4x
EV / EBITDA2.4x-492.5x7.0x10.2x14.8x
Growth
Revenue growth (YoY)-7.5%-7.2%-9.2%1.4%18.6%-14.7%
Revenue CAGR (3y)-8.0%-5.1%3.0%0.8%3.7%0.7%
Revenue CAGR (5y)-1.3%-2.9%0.5%4.2%4.3%-0.4%
Gross profit growth (YoY)-0.7%-12.3%-12.6%-5.9%16.1%-14.9%
Operating income growth (YoY)--193.7%-23.1%2.2%-25.4%
Net income growth (YoY)--273.9%--23.0%62.5%-25.8%
EPS growth (YoY)--273.0%--22.8%61.5%-26.3%
EPS CAGR (3y)-9.4%---2.8%9.2%-5.1%
EPS CAGR (5y)-1.5%--1.3%1.3%-4.4%
FCF growth (YoY)25.4%-41.5%12.4%107.1%-69.3%2.2%
FCF CAGR (5y)-12.1%-15.7%6.4%3.7%-17.4%16.0%
Book value growth (YoY)48.3%-48.3%-18.7%-0.4%18.6%5.9%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-12-31.

Business segments

$4.06B total
Bedding Products$1.56B · 38.4%
Furniture Flooring And Textile Products$1.37B · 33.9%
Specialized Products$1.12B · 27.7%

Product / service

$4.06B total
Bedding Group$1.56B · 38.4%
Flooring And Textile Products Group$847.30M · 20.9%
Automotive Group$794.30M · 19.6%
Work Furniture Group$276.10M · 6.8%
Home Furniture Group$250.90M · 6.2%
Hydraulic Cylinders$195.90M · 4.8%
Aerospace Products Group$132.20M · 3.3%

Geographic

$5.70B total
US$2.41B · 42.3%
Non Us$1.64B · 28.8%
Europe$616.90M · 10.8%
CN$409.50M · 7.2%
CA$289.60M · 5.1%
MX$187.10M · 3.3%
Other Country$140.40M · 2.5%

Stability scores

Piotroski F-score

FY 2025 · 9-point quality

6/9
Neutral
  • Net income positive
  • Operating cash flow positive
  • ROA improved YoY
  • Cash flow > net income
  • -Long-term debt decreased
  • Current ratio improved
  • No share dilution
  • Gross margin improved
  • Asset turnover improved

Peer comparison

Same SIC group: Household Furniture

CompanyRevenue (last FY)Net marginROE
TPX$7.48B5.1%12.4%
SNBR$1.41B-9.3%22.8%
PRPL$468.73M-11.0%173.2%
LZB---
FLXS$441.07M4.6%12.0%

Comparing LEGGETT & PLATT INC against the 5 most active filers in the same SIC group.

Dividends

$0.20/share trailing 12 months · 0.0% YoY

Ex-datePer share
Mar 13, 2026$0.0500
Dec 15, 2025$0.0500
Sep 15, 2025$0.0500
Jun 13, 2025$0.0500
Mar 14, 2025$0.0500
Dec 13, 2024$0.0500
Sep 13, 2024$0.0500
Jun 14, 2024$0.0500
Mar 14, 2024$0.4600
Dec 14, 2023$0.4600
Sep 14, 2023$0.4600
Jun 14, 2023$0.4600
Mar 14, 2023$0.4400
Dec 14, 2022$0.4400
Sep 14, 2022$0.4400
Jun 14, 2022$0.4400
Mar 14, 2022$0.4200
Dec 14, 2021$0.4200
Sep 14, 2021$0.4200
Jun 14, 2021$0.4200
Mar 12, 2021$0.4000
Dec 14, 2020$0.4000
Sep 14, 2020$0.4000
Jun 12, 2020$0.4000