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Leggett & Platt Inc Financials

LEG
Trailing 12 months to June 30, 2026
Revenue $3.9B -8.1% YoY
Net Income $219.4M +54.2% YoY
EPS (Diluted) $1.56 +51.5% YoY
Free Cash Flow $156.9M -36.4% YoY
Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Currency USD FYE December

Leggett & Platt Inc (LEG) reported $3.9B in revenue over the twelve months to Jun 30, 2026, down 8.1% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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).

Rhea AI LEG FY2025

A smaller revenue base is paired with margin recovery, cash generation, and balance-sheet deleveraging.

FY2025 operating cash flow of $338M exceeded net income of $235M, so the earnings rebound translated into more cash than accounting profit. Free cash flow of $281M against capital expenditures of $57M shows the cash profile was supported by limited reinvestment, not merely by non-cash accounting adjustments.

The recovery is not a return to prior scale: revenue fell from $5.13B in FY2021 to $4.06B in FY2025, yet gross margin rose from 17.1% in FY2024 to 18.4% in FY2025. That combination points to margin improvement through cost or mix effects, rather than volume-led expansion.

Leverage eased sharply: debt-to-equity moved from 2.7x in FY2024 to 1.5x in FY2025. Total liabilities fell to $2.51B while the current ratio reached 2.2x, leaving the balance sheet with greater short-term coverage and less debt relative to equity.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity CashFlow Returns 28 / 100
Financial Health Score 28/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Leggett & Platt Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability
0

Not available for Leggett & Platt Inc, and counted as zero in the overall score.

Growth
13

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 13/100.

Leverage
37

Leggett & Platt Inc has a moderate D/E ratio of 1.46. This balance of debt and equity financing earns a leverage score of 37/100.

Liquidity
64

Leggett & Platt Inc's current ratio of 2.25 indicates adequate short-term liquidity, earning a score of 64/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow
55

Leggett & Platt Inc has a free cash flow margin of 6.9%, earning a moderate score of 55/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns
0

Not available for Leggett & Platt Inc, and counted as zero in the overall score.

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), 2 of 3 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.

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.

EBITDA

Not reported for fiscal year 2025.

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
136M
YoY+0.8%
5Y CAGR+0.4%
10Y CAGR0.0%

Leggett & Platt Inc had 136M shares outstanding in fiscal year 2025. This represents an increase of 0.8% from the prior year.

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.

Net Margin
5.8%
YoY+17.5pp
5Y CAGR0.0pp
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.

Operating Margin

Not reported for fiscal year 2025.

Capital Allocation

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.

R&D Spending

Not reported for fiscal year 2025.

LEG Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

LEG quarterly income statement
MetricQ2'26Q1'26Q4'25Q3'25Q2'25Q1'25Q4'24Q3'24
Revenue$999.7M+8.9%$918.2M-2.2%$938.6M-9.4%$1.0B-2.0%$1.1B+3.5%$1.0B-3.2%$1.1B-4.1%$1.1B
Cost of Revenue$796.5M+6.6%$747.5M-3.0%$770.8M-8.5%$842.7M-2.6%$865.4M+4.0%$832.1M-5.5%$880.8M-2.3%$901.1M
Gross Profit$203.2M+19.0%$170.7M+1.7%$167.8M-13.4%$193.7M+0.6%$192.6M+1.4%$190.0M+8.2%$175.6M-12.5%$200.6M
SG&A Expenses$119.8M-1.4%$121.5M-0.2%$121.8M-2.2%$124.5M+5.2%$118.4M-4.2%$123.6M-0.6%$124.4M-2.0%$127.0M
Interest Expense$14.7M+1.4%$14.5M-4.0%$15.1M-18.4%$18.5M-9.8%$20.5M+9.0%$18.8M-10.0%$20.9M-0.5%$21.0M
Income Tax$21.3M+79.0%$11.9M+280.3%-$6.6M-124.3%$27.2M+41.7%$19.2M+32.4%$14.5M+34.3%$10.8M-15.6%$12.8M
Net Income$47.1M+135.5%$20.0M-20.6%$25.2M-80.2%$127.1M+142.1%$52.5M+71.6%$30.6M+114.0%$14.3M-68.2%$44.9M
EPS (Diluted)$0.33+135.7%$0.14-22.2%$0.18-80.2%$0.91+139.5%$0.38+72.7%$0.22+120.0%$0.10-69.7%$0.33

Not reported in any period shown, so not listed: R&D Expenses, Operating Income.

LEG Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

LEG quarterly balance sheet
MetricQ2'26Q1'26Q4'25Q3'25Q2'25Q1'25Q4'24Q3'24
Total Assets$3.6B+2.4%$3.5B-0.5%$3.5B+0.3%$3.5B-4.8%$3.7B-1.2%$3.7B+2.4%$3.7B-3.1%$3.8B
Current Assets$1.8B+4.8%$1.7B+0.2%$1.7B+2.0%$1.7B-1.9%$1.7B-2.3%$1.8B+5.5%$1.7B-2.5%$1.7B
Cash & Equivalents$545.8M+6.9%$510.5M-13.1%$587.4M+27.5%$460.7M+24.9%$368.8M-10.6%$412.6M+17.8%$350.2M+26.3%$277.2M
Inventory$638.3M-3.8%$663.3M+6.5%$622.6M-1.8%$634.0M-2.3%$648.6M-4.4%$678.3M-6.1%$722.6M-4.2%$754.4M
Accounts Receivable$518.4M+6.4%$487.1M+12.3%$433.7M-19.1%$536.1M-1.1%$542.2M+3.8%$522.3M+3.8%$503.0M-13.9%$583.9M
Goodwill$745.1M-0.3%$747.6M-0.5%$751.4M+0.4%$748.5M-0.4%$751.2M+2.2%$734.9M-7.5%$794.4M-2.5%$814.7M
Total Liabilities$2.5B+1.7%$2.5B-1.4%$2.5B-1.5%$2.6B-10.4%$2.8B-5.1%$3.0B+1.0%$3.0B-2.2%$3.0B
Current Liabilities$779.3M+4.1%$748.7M-3.4%$775.0M-2.4%$794.1M-1.0%$802.3M-1.0%$810.4M-4.3%$846.4M-27.8%$1.2B
Long-Term Debt$1.5B0.0%$1.5B0.0%$1.5B0.0%$1.5B-16.5%$1.8B-7.4%$1.9B+3.9%$1.9B+18.0%$1.6B
Total Equity$1.1B+4.1%$1.0B+1.7%$1.0B+5.2%$971.8M+13.7%$855.0M+14.5%$746.8M+8.3%$689.4M-7.0%$741.0M
Retained Earnings$2.3B+1.8%$2.3B+0.6%$2.3B+0.8%$2.3B+5.6%$2.1B+2.2%$2.1B+1.1%$2.1B+0.3%$2.1B

LEG Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

LEG quarterly cash flow statement
MetricQ2'26Q1'26Q4'25Q3'25Q2'25Q1'25Q4'24Q3'24
Operating Cash Flow$45.8M+181.6%-$56.1M-146.2%$121.5M-3.5%$125.9M+49.9%$84.0M+1135.3%$6.8M-94.4%$122.3M+28.1%$95.5M
Capital Expenditures$20.5M-15.6%$24.3M+24.0%$19.6M+24.1%$15.8M+85.9%$8.5M-36.1%$13.3M-39.0%$21.8M+18.5%$18.4M
Free Cash Flow$25.3M+131.5%-$80.4M-178.9%$101.9M-7.4%$110.1M+45.8%$75.5M+1261.5%-$6.5M-106.5%$100.5M+30.4%$77.1M
Investing Cash Flow-$8.3M+21.7%-$10.6M-303.8%$5.2M-98.1%$277.8M+1593.9%$16.4M+368.9%-$6.1M+65.7%-$17.8M-8800.0%-$200K
Financing Cash Flow-$6.4M+37.9%-$10.3M-58.5%-$6.5M+97.9%-$312.9M-103.4%-$153.8M-356.3%$60.0M+356.4%-$23.4M+81.9%-$129.5M
Dividends Paid$6.8M0.0%$6.8M0.0%$6.8M+1.5%$6.7M-1.5%$6.8M+1.5%$6.7M+1.5%$6.6M-1.5%$6.7M
Share Buybacks$300K-91.2%$3.4M$0-100.0%$100K-66.7%$300K-85.0%$2.0M+400.0%$400K+100.0%$200K

LEG Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples.

LEG quarterly financial ratios
MetricQ2'26Q1'26Q4'25Q3'25Q2'25Q1'25Q4'24Q3'24
Gross Margin20.3%+1.7pp18.6%+0.7pp17.9%-0.8pp18.7%+0.5pp18.2%-0.4pp18.6%+2.0pp16.6%-1.6pp18.2%
Net Margin4.7%+2.5pp2.2%-0.5pp2.7%-9.6pp12.3%+7.3pp5.0%+2.0pp3.0%+1.6pp1.4%-2.7pp4.1%
Return on Equity4.3%+2.4pp1.9%-0.6pp2.5%-10.6pp13.1%+6.9pp6.1%+2.0pp4.1%+2.0pp2.1%-4.0pp6.1%
Return on Assets1.3%+0.7pp0.6%-0.1pp0.7%-2.9pp3.6%+2.2pp1.4%+0.6pp0.8%+0.4pp0.4%-0.8pp1.2%
Current Ratio2.350.0x2.33+0.1x2.25+0.1x2.150.0x2.170.0x2.20+0.2x2.00+0.5x1.48
Debt-to-Equity1.38-0.1x1.440.0x1.46-0.1x1.54-0.6x2.10-0.5x2.59-0.1x2.70+0.6x2.13
FCF Margin2.5%+11.3pp-8.8%-19.6pp10.9%+0.2pp10.6%+3.5pp7.1%+7.8pp-0.6%-10.2pp9.5%+2.5pp7.0%

Not reported in any period shown, so not listed: Operating Margin.

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Frequently Asked Questions

What is Leggett & Platt Inc's annual revenue?

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.

How fast is Leggett & Platt Inc's revenue growing?

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

Is Leggett & Platt Inc profitable?

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 136M shares outstanding as of fiscal year 2025.

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 to 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 28 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.

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