Leggett & Platt, Incorporated (LEG) Stock

Leggett & Platt, Incorporated (LEG) is a Consumer Discretionary stock trading at $9.42 (as of 2026-08-21), with a market capitalization of $1.29B and a trailing P/E of 5.9. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Leggett & Platt designs, manufactures, and markets engineered components and products for a range of end uses. It operates through segments including Bedding Products, Specialized Products, and Furniture, Flooring & Textile Products, supplying items such as mattress-related materials and equipment, seating components, and fluid conveyance and industrial products to bedding brands and retailers, automotive suppliers and OEMs, and industrial customers.

Understand Leggett & Platt, Incorporated: how it makes money

Leggett & Platt designs, manufactures, and markets engineered components and products worldwide, earning money by selling items used in bedding, furniture, and related manufacturing applications through three business segments.

The profit engine is tied to demand and volume trends, as shown by multiple “Volume Decrease” and “United States Spring Volume Decline” operating measures that flow through the company’s bedding, specialized products, and furniture, flooring and textile products businesses.

Business quality (Weak): Clear description of what the company sells and which operating indicators matter, but the provided data does not include segment-level revenue figures, limiting how precisely we can attribute results across the three reportable segments.

Valuation: At 7× earnings, LEG trades 74% below the Consumer Goods average (26×). Note: one-time items can distort reported P/E.

Bull case

  • Multi-segment engineered products: The company operates through three segments (Bedding Products, Specialized Products, and Furniture, Flooring & Textile Products), which supports a diversified product and end-market mix.
  • Measured demand signals: Investors can track demand through operating indicators like Trade Sales, Net Trade Sales, and segment and regional volume change measures (for bedding, specialized products, and furniture related products).

Bear case

  • Volume pressure across major areas: Provided operating metrics show declines, including Bedding Products Volume Decrease (12%), Specialized Products Volume Decrease (5%), Furniture, Flooring and Textile Products Volume Decrease (7%), and United States Spring Volume Decline (13%).
  • Operating performance sensitivity to throughput: Because key operating metrics explicitly focus on volume decreases, results may be sensitive to changes in production and demand, even if the company continues operating from a broad manufacturing and distribution footprint.
Valuation — source: SEC EDGAR (first-party)
Price$9.42
Market Cap$1.29B
P/E Ratio5.9
EV / EBITDA2.0
Price / Book1.19
Price / Sales0.33
FCF Yield12.2%
DCF Value (model)$32.43
DCF Upside vs Price244.3%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$4.06B
Net Margin5.8%
Revenue Growth (YoY)-5.5%
EPS Growth (YoY)-10.5%
FCF Growth (YoY)-66.5%
Financial Health — source: SEC EDGAR
Altman Z-Score2.95 (grey)
Piotroski F-Score6/9 (moderate)
Valuation vs Sector & Industry
Stock P/E5.9
Sector P/E (Consumer Discretionary)20.7
Industry P/E (Consumer Goods)22.1
vs Sector-71.7%
vs Industry-73.4%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock Fund Advisors ($252.72M)
Institutional Holders Tracked10
Congressional Trades (recent)1
Company
SectorConsumer Discretionary
IndustryConsumer Goods
CEOKarl G. Glassman
Employees17,700
CountryUS
IPO Date1980-03-17

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LEG earnings history · LEG institutional & insider holders · LEG KPIs & operating metrics · LEG financials · LEG investor presentations & press releases · LEG SEC filings · LEG peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.