Tearsheet

Leggett & Platt (LEG)


Market Price (12/4/2025): $11.37 | Market Cap: $1.6 Bil
Sector: Consumer Discretionary | Industry: Home Furnishings

Leggett & Platt (LEG)


Market Price (12/4/2025): $11.37
Market Cap: $1.6 Bil
Sector: Consumer Discretionary
Industry: Home Furnishings

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow


0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 20%, Dividend Yield is 2.2%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 16%, FCF Yield is 23%
Weak multi-year price returns
2Y Excs Rtn is -97%, 3Y Excs Rtn is -136%
Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 98%
1 Megatrend and thematic drivers
Megatrends include Advanced Materials, and Advanced Aviation & Space. Themes include Specialty Chemicals for Performance, Lightweight Composites, Show more.
  Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -6.1%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -7.6%, Rev Chg QQuarterly Revenue Change % is -5.9%
0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 20%, Dividend Yield is 2.2%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 16%, FCF Yield is 23%
1 Megatrend and thematic drivers
Megatrends include Advanced Materials, and Advanced Aviation & Space. Themes include Specialty Chemicals for Performance, Lightweight Composites, Show more.
2 Weak multi-year price returns
2Y Excs Rtn is -97%, 3Y Excs Rtn is -136%
3 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 98%
4 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -6.1%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -7.6%, Rev Chg QQuarterly Revenue Change % is -5.9%

Valuation, Metrics & Events

LEG Stock


Why The Stock Moved


Qualitative Assessment

AI Generated Analysis | Feedback

1. Unsolicited Acquisition Proposal

On December 1, 2025, Leggett & Platt (LEG) confirmed receiving an unsolicited, non-binding proposal from Somnigroup International Inc. (SGI) to acquire all outstanding shares in an all-stock transaction. This proposal valued Leggett & Platt at $12.00 per share, representing a 30.3% premium over the average closing price during the preceding 30 trading days. The announcement led to significant surges in Leggett & Platt's stock price, with reports of a 14.96% increase on December 1 and a 13.4% rise on December 2.

2. Q3 2025 Earnings Report

Leggett & Platt released its third-quarter 2025 earnings on October 27, 2025, reporting adjusted earnings per share (EPS) of $0.29 and revenue of $1.04 billion. While adjusted EPS slightly missed consensus estimates in some reports, revenue exceeded analyst projections. The company also reaffirmed the midpoint of its full-year 2025 sales and adjusted EPS guidance, narrowing the previous range.

Show more

Stock Movement Drivers

Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
LEG Return-9%-4%-18%-13%-62%23%-71%
Peers Return8%24%-31%31%2%13%41%
S&P 500 Return16%27%-19%24%23%16%112%

Monthly Win Rates [3]
LEG Win Rate67%58%42%25%25%50% 
Peers Win Rate63%65%38%52%47%50% 
S&P 500 Win Rate58%75%42%67%75%70% 

Max Drawdowns [4]
LEG Max Drawdown-55%-11%-22%-27%-62%-31% 
Peers Max Drawdown-57%-8%-41%-13%-19%-21% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: MHK, HNI, SGI, LZB, LEG. See LEG Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/3/2025 (YTD)

How Low Can It Go

Unique KeyEventLEGS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-61.1%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven157.3%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-56.4%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven129.6%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven407 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-36.9%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven58.4%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven316 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-25.9%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven35.0%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven17 days1480 days

Compare to MHK, HNI, SGI, LZB, LEG


In The Past

Leggett & Platt's stock fell -61.1% during the 2022 Inflation Shock from a high on 5/10/2021. A -61.1% loss requires a 157.3% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Leggett & Platt (LEG)

Better Bets than Leggett & Platt (LEG)

Trade Ideas

Select past ideas related to LEG. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
BBWI_11302025_Dip_Buyer_1M_Insider_Buying_GTE_1Mil_EBITp+DE11302025BBWIBath & Body WorksDip BuyDB | Insider Buys | Low D/EDip Buy with Strong Insider Buying
Buying dips for companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap
6.8%6.8%0.0%
HRB_11262025_Dip_Buyer_FCFYield11262025HRBH&R BlockDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
0.5%0.5%0.0%
LRN_11262025_Dip_Buyer_FCFYield11262025LRNStrideDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-2.6%-2.6%-2.6%
ABNB_11212025_Dip_Buyer_FCFYield11212025ABNBAirbnbDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
3.7%3.7%0.0%
MTN_11212025_Dip_Buyer_FCFYield11212025MTNVail ResortsDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
1.3%1.3%-1.6%
LEG_6302022_Dip_Buyer_FCFYield06302022LEGLeggett & PlattDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-4.4%-9.6%-11.9%
LEG_5312020_Dip_Buyer_FCFYield05312020LEGLeggett & PlattDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
47.9%87.1%0.0%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
BBWI_11302025_Dip_Buyer_1M_Insider_Buying_GTE_1Mil_EBITp+DE11302025BBWIBath & Body WorksDip BuyDB | Insider Buys | Low D/EDip Buy with Strong Insider Buying
Buying dips for companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap
6.8%6.8%0.0%
HRB_11262025_Dip_Buyer_FCFYield11262025HRBH&R BlockDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
0.5%0.5%0.0%
LRN_11262025_Dip_Buyer_FCFYield11262025LRNStrideDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-2.6%-2.6%-2.6%
ABNB_11212025_Dip_Buyer_FCFYield11212025ABNBAirbnbDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
3.7%3.7%0.0%
MTN_11212025_Dip_Buyer_FCFYield11212025MTNVail ResortsDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
1.3%1.3%-1.6%
LEG_6302022_Dip_Buyer_FCFYield06302022LEGLeggett & PlattDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-4.4%-9.6%-11.9%
LEG_5312020_Dip_Buyer_FCFYield05312020LEGLeggett & PlattDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
47.9%87.1%0.0%

Recent Active Movers

Recent Active Movers

More From Trefis

Peer Comparisons for Leggett & Platt

Peers to compare with:

Financials

LEGMHKHNISGILZBMedian
NameLeggett .Mohawk I.HNI Somnigro.La-Z-Boy  
Mkt Price11.40115.2141.9190.8139.9541.91
Mkt Cap1.67.11.919.11.61.9
Rev LTM4,17310,7232,5936,8162,1064,173
Op Inc LTM243551224630146243
FCF LTM28058719070094280
FCF 3Y Avg333613179517120333
CFO LTM339994250830171339
CFO 3Y Avg4221,100247678185422

Growth & Margins

LEGMHKHNISGILZBMedian
NameLeggett .Mohawk I.HNI Somnigro.La-Z-Boy  
Rev Chg LTM-6.1%-0.8%1.2%39.3%2.2%1.2%
Rev Chg 3Y Avg-7.6%-3.2%2.8%11.8%-4.6%-3.2%
Rev Chg Q-5.9%1.4%1.7%63.3%-0.7%1.4%
QoQ Delta Rev Chg LTM-1.5%0.4%0.4%13.7%-0.2%0.4%
Op Mgn LTM5.8%5.1%8.6%9.2%6.9%6.9%
Op Mgn 3Y Avg6.1%5.4%7.2%11.4%7.6%7.2%
QoQ Delta Op Mgn LTM0.1%-0.7%-0.2%0.6%-0.5%-0.2%
CFO/Rev LTM8.1%9.3%9.6%12.2%8.1%9.3%
CFO/Rev 3Y Avg9.3%10.1%9.9%12.2%8.7%9.9%
FCF/Rev LTM6.7%5.5%7.3%10.3%4.5%6.7%
FCF/Rev 3Y Avg7.4%5.6%7.1%9.2%5.6%7.1%

Valuation

LEGMHKHNISGILZBMedian
NameLeggett .Mohawk I.HNI Somnigro.La-Z-Boy  
Mkt Cap1.67.11.919.11.61.9
P/S0.30.70.82.60.70.7
P/EBIT3.314.810.128.411.211.2
P/E5.519.015.256.216.616.6
P/CFO3.68.08.621.38.98.6
Total Yield20.4%5.3%8.1%2.5%8.3%8.1%
Dividend Yield2.2%0.0%1.5%0.7%2.3%1.5%
FCF Yield 3Y Avg16.5%8.7%8.4%4.6%8.5%8.5%
D/E1.40.30.20.40.30.3
Net D/E1.00.20.20.40.10.2

Returns

LEGMHKHNISGILZBMedian
NameLeggett .Mohawk I.HNI Somnigro.La-Z-Boy  
1M Rtn26.8%3.6%5.1%14.5%27.0%14.5%
3M Rtn21.5%-11.8%-7.1%7.3%12.3%7.3%
6M Rtn25.6%14.0%-9.2%39.8%-2.1%14.0%
12M Rtn-6.9%-14.9%-23.9%62.8%-9.8%-9.8%
3Y Rtn-63.2%12.9%58.8%191.5%72.7%58.8%
1M Excs Rtn26.8%3.6%5.1%14.5%27.1%14.5%
3M Excs Rtn11.7%-20.3%-13.9%-0.6%5.1%-0.6%
6M Excs Rtn10.9%-0.7%-24.0%25.1%-16.8%-0.7%
12M Excs Rtn-21.1%-30.6%-37.2%50.0%-23.4%-23.4%
3Y Excs Rtn-135.8%-57.2%-11.3%125.4%-9.6%-11.3%

Financials

Segment Financials

Assets by Segment

$ Mil20242023202220212020
Unallocated assets2,4032,8412,8282,759 
Bedding Products815931836739830
Average current liabilities included in segment numbers above736794814665735
Specialized Products399350317300346
Furniture, Flooring & Textile Products390423374349383
Difference between average assets and year-end balance sheet-109-153138-11-129
Unallocated asset and other    2,651
Total4,6345,1865,3074,8004,816


Price Behavior

Short Interest

Short Interest: As Of Date11142025
Short Interest: Shares Quantity8,731,465
Short Interest: % Change Since 1031202515.8%
Average Daily Volume1,662,539
Days-to-Cover Short Interest5.25
Basic Shares Quantity138,700,000
Short % of Basic Shares6.3%

SEC Filings

Expand for More

Report DateFiling DateFiling
93020251031202510-Q 9/30/2025
6302025807202510-Q 6/30/2025
3312025507202510-Q 3/31/2025
12312024226202510-K 12/31/2024
93020241107202410-Q 9/30/2024
6302024807202410-Q 6/30/2024
3312024508202410-Q 3/31/2024
12312023227202410-K 12/31/2023
93020231107202310-Q 9/30/2023
6302023808202310-Q 6/30/2023
3312023504202310-Q 3/31/2023
12312022224202310-K 12/31/2022
93020221103202210-Q 9/30/2022
6302022804202210-Q 6/30/2022
3312022505202210-Q 3/31/2022
12312021222202210-K 12/31/2021