LEGGETT & PLATT INC (LEG)
Consumer Discretionary · diversified industrial / furniture and automotive components · NYSE
Leggett & Platt is a diversified industrial manufacturer providing critical engineered components for the bedding, furniture, and automotive industries.
What LEGGETT & PLATT INC does
Leggett & Platt is a diversified manufacturer that designs and produces a wide range of engineered components and products found in homes, offices, and automobiles. Its core operations are organized into segments including Bedding Products, Specialized Products, and Furniture, Flooring & Textile Products. The company supplies essential components such as springs, wire, and specialized mechanisms to global bedding brands, furniture producers, and automotive OEMs.
Themes: bedding components, automotive supply chain, residential furniture infrastructure, industrial manufacturing
Fundamentals
- Price$9.20 last close before the listing ended, 2026-08-27
- Market cap$1.3B as of 2026-07-30 (share count; price 2026-08-27)
- 1-year return-5.4% 2025-08-27 close $9.73 → 2026-08-27 close $9.20
- P/E5.90 as of 2026-08-27
- Net margin+5.8% FY2025, SEC XBRL
- Gross margin+18.3% FY2025, SEC XBRL
- ROE+23.0% FY2025, SEC XBRL
- Debt / equity1.39 as of 2026-09-02
- Revenue growth (YoY)-8.2% as of 2026-09-02
- Revenue CAGR (3y)-7.6% SEC XBRL
- Beta1.20 as of 2026-09-02
- Last reported earnings2026-08-06 SEC EDGAR Form 8-K (Item 2.02)
This listing has ended. The figures below are the last on record, from 2026-08-27, not a current quote.
Dividend: yield +2.2%; 1-year non-decreasing per-share dividend streak (SEC XBRL).
How LEG compares in its sector
- price-to-earnings ratiobottom 10% 258 covered Consumer Discretionary peers, as of 2026-08-27
- net profit marginmiddle range 314 covered Consumer Discretionary peers, as of 2026-09-02
- gross marginbottom 25% 191 covered Consumer Discretionary peers, as of 2026-09-02
- return on equitytop 25% 293 covered Consumer Discretionary peers, as of 2026-09-02
- 3-year revenue CAGRbottom 25% 326 covered Consumer Discretionary peers
- indicated dividend yieldmiddle range 169 covered Consumer Discretionary peers, as of 2026-09-02
- free cash flow (absolute dollars, latest fiscal year)middle range 311 covered Consumer Discretionary peers, as of FY2025
Position among covered Consumer Discretionary companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Dividend coverage (FY2025)
Covered by reported results. In FY2025, LEG's dividend was covered by reported results (earnings payout 11%, free-cash-flow payout 10%). This describes past coverage, not a forecast.
- Earnings payout11% dividends / net income
- Free-cash-flow payout10% dividends / (operating cash flow − capex)
Coverage derived from reported SEC EDGAR XBRL figures for FY2025 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.
Analyst consensus
- Consensus ratingHold (3.00 mean, 1=Strong Buy…5=Strong Sell) — 1 analyst
- Mean price target$10.00 range $10.00 – $10.00
Analyst estimates, as of 2026-09-05. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for LEG
- Consensus EPS estimate$0.29 next reporting period, as of 2026-09-05
- Readings revised upward33% of 3 comparable readings
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Sensitivity to global trade policies, tariff regulations, and potential inflationary pressures on consumer demand.","Concentration risk with top customers, where the loss of key relationships (such as Somnigroup) could materially impact financial results.","Volatility in raw material costs, particularly steel, and the effectiveness of efforts to mitigate these through pricing or supply chain adjustments."]
What changed in the latest 10-Q
AI-assisted comparison of LEG's 10-Q filed 2026-05-07 against the prior one filed 2025-10-31.
Management's Discussion & Analysis (MD&A)
The two filings could not be meaningfully compared for this section.
Risk Factors
- Added:
- Named largest customer as Somnigroup representing approximately 7% of trade sales in 2025 (newer filing)
- Top 10 customers accounted for approximately 31% of trade sales in 2025 (newer filing)
- Added definition of organic sales calculation as trade sales excluding sales from acquisitions and divestitures within last twelve months (newer filing)
- Added detailed tariff discussion including April 2026 changes to Section 232 tariff framework (newer filing)
- Added discussion of Vietnam production start in third quarter 2025 for Home Furniture operations (newer filing)
- Added February 2026 Supreme Court ruling invalidating IEEPA tariffs (newer filing)
- Added April 2026 CBP CAPE system details and specific refund amounts: approximately $23 million paid in IEEPA tariffs, $8 million refund requests submitted April 27, 2026, and approximately $15 million additional requests expected (newer filing)
- Added statement that Aerospace Products Group sale occurred August 29, 2025 for $280 million net cash with $91 million pretax gain (newer filing)
- Added details about Aerospace Products Group including seven manufacturing facilities in US, UK, and France, and approximately 700 employees at time of sale (newer filing)
- Added January 2026 final working capital adjustment collection of $4 million (newer filing)
- Added goodwill and intangible assets amount of $835 million representing 24% of total assets at March 31, 2026 (newer filing)
- Added net property, plant, equipment, operating lease ROU assets, and other noncurrent assets totaling $937 million or 27% of total assets (newer filing)
- Added statement that annual goodwill impairment testing in second quarter 2025 indicated no impairments (newer filing)
- Added statement that fair values of all reporting units exceeded carrying amounts by less than 100% as of June 30, 2025 (newer filing)
- Removed:
- Removed bullet-point risk factor format and replaced with narrative sections (older filing had bullet points, newer filing uses narrative paragraphs)
- Removed general reference to Form 10-K filed February 26, 2025 (older filing)
- Removed 2024 Restructuring Plan bullet point (older filing)
- Removed bullet points on various risk categories including supply chain disruption, debt market access, product demand, consumer confidence, working capital, customer payment ability, inflationary impacts, market share, pricing ability, competitive pressures, margin maintenance, political/regulatory changes, deferred tax assets, cash repatriation, antidumping duties, semiconductor disruption, product innovation, technology failures, cybersecurity incidents, AI misuse, climate change, litigation, steel rod mill disruption, foreign operating risks, fire insurance recovery, pension settlement, and Aerospace post-closing adjustments and dividend continuation (older filing)
- Reworded:
- Changed from short bullet list format to expanded narrative Risk Factors section with specific subsections (Major Factors That Impact Our Business) (newer vs older filing)
- Tariff discussion expanded from single bullet point to multi-paragraph detailed analysis covering specific tariff types, business impact by segment, mitigation strategies, and government actions (newer filing provides significantly more detail than older filing's single bullet)
- Goodwill impairment discussion reorganized from bullet point to standalone section with specific dollar amounts and percentages (newer filing)
- Notes:
- Older filing appears to be excerpt showing only risk factors bullets and balance sheet/income statement data, while newer filing shows expanded narrative risk factor sections; comparison limited to overlapping content on risk factors
- Newer filing metadata indicates it is for period ended March 31, 2026, while older filing is for period ended September 30, 2025, representing different fiscal periods
- Some content in older filing excerpt appears truncated (ends mid-sentence in comprehensive income statement)
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
No open-market insider purchases or sales are on record for LEG — recent Form 4 activity was compensation-related (awards, option exercises, or tax withholding), not open-market buying or selling.
View full insider trading history → View SEC Form 3/4/5 filingsOnly open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
5 institutional 13F filers reported holding LEG as of 2026-03-31 (quarter-end position, filed within 45 days).
- Distinct 13F filers 5
- Reported shares held 28,449,350
- Reported value $281,357,456
reported quarterly holdings change (2025-12-31 → 2026-03-31): 0 new, 0 increased, 5 decreased, 1 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Ask about LEG's institutional holders → See what each manager we track holds →
Short interest (FINRA)
LEG had 22,061,888 shares of reported short interest as of the 2026-08-14 FINRA settlement date (delayed, bi-monthly; not real-time).
LEG had 16.2% of its shares outstanding sold short as of the 2026-08-14 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 12.68 days to cover at the same settlement.
- Reported short interest (shares) 22,061,888
- Short interest (% of shares outstanding) 16.2%
- Prior settlement (shares) 22,498,632
- Reported change -1.94%
- Days to cover (reported) 12.68
Reported to FINRA as of the 2026-08-14 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Tempur Sealy International (TPX)
- Sleep Number (SNBR)
- Herman Miller / MillerKnoll (MLKN)
- Steelcase (SCS)
- Lear Corporation (LEA)
- Adient (ADNT)
- Mohawk Industries (MHK)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
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Frequently asked questions
What does LEGGETT & PLATT INC (LEG) do?
Leggett & Platt is a diversified manufacturer that designs and produces a wide range of engineered components and products found in homes, offices, and automobiles. Its core operations are organized into segments including Bedding Products, Specialized Products, and Furniture, Flooring & Textile Products. The company supplies essential components such as springs, wire, and specialized mechanisms to global bedding brands, furniture producers, and automotive OEMs.
What sector is LEGGETT & PLATT INC (LEG) in?
LEGGETT & PLATT INC (LEG) is classified in the Consumer Discretionary sector. Its industry is diversified industrial / furniture and automotive components. It trades on NYSE.
Does LEG pay a dividend?
Yes — LEGGETT & PLATT INC (LEG) pays a dividend, with an indicated yield of about 2.17% and 1-year non-decreasing per-share dividend streak (SEC EDGAR XBRL) (market data, as of 2026-09-02). Informational only — not financial advice.
Who are LEGGETT & PLATT INC's (LEG) competitors?
Notable peers of LEGGETT & PLATT INC (LEG) include Tempur Sealy International, Sleep Number, Herman Miller / MillerKnoll, Steelcase and Lear Corporation. This peer set is informational only — not financial advice.
Where does stocks-llm's data on LEG come from?
Fundamentals come from SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-02 for the rest; prices are market data, as of 2026-09-02; company filings and profile facts come from SEC EDGAR. This listing has ended, so these are the last figures on record rather than current ones — informational only, not financial advice.
Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-02 for the rest. Filings: SEC EDGAR. Prices are the last daily closes recorded before this listing ended.
Last updated 2026-08-27.
Informational only — NOT financial advice. All figures are the last on record before this listing ended, from SEC EDGAR & market data, shown with their as-of date.