Leggett & Platt, Incorporated, founded in Carthage, Missouri, in 1883, operates as a global entity specializing in the engineering, manufacturing, and marketing ...
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Est. EPS $0.29 · Revenue $1.00B · 3 analysts
Est. EPS $0.19 · Revenue $933.37M · 3 analysts
Est. EPS $1.02 · Revenue $3.86B · 3 analysts
Est. EPS $0.19 · Revenue $926.83M · 1 analysts
$0.20 per share
$0.20 per share
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $4.1B | -7.4% | +8.9% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $235.4M | +146.0% | +135.5% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +18.1% | +5.7% | +11.5% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | +6.1% | +22.2% | +60.7% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | +5.8% | +149.7% | +116.3% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $281.0M | +25.4% | +131.5% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | +6.9% | +35.4% | +128.9% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 161.9% | -45.5% | -4.0% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 2.25x | +12.6% | +0.7% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $3.5B | -3.4% | +2.4% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | 1.69 vs 1.05 | +61.3% | 0.33 vs 0.26 | +25.7% |
| Revenue Surprise | $4.1B vs $4.1B | +0.1% | $999.7M vs $982.9M | +1.7% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Aug 26, 2026 | TRENT TAMMY M | officer: SVP - Chief Accounting Officer | Common Stock | A | 42,054 | — |
| Aug 26, 2026 | TRENT TAMMY M | officer: SVP - Chief Accounting Officer | Cash-Settled Restricted Stock Units | A | 42,048 | — |
| Aug 26, 2026 | TRENT TAMMY M | officer: SVP - Chief Accounting Officer | Common Stock | D | 18,773 | — |
| Aug 26, 2026 | TRENT TAMMY M | officer: SVP - Chief Accounting Officer | Cash-Settled Restricted Stock Units | D | 42,048 | — |
| Aug 26, 2026 | SMITH ROBERT S JR | officer: EVP, Pres. - Spec. and FF&T | Common Stock | A | 139,250 | — |
Operator: Greetings, and welcome to the Leggett & Platt Fourth Quarter 2025 Webcast and Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Mr. Ryan Kleiboeker. Please go ahead. Ryan Kleiboeker: Good morning. Welcome to Leggett & Platt's fourth quarter and full year 2025 earnings call. With me on the call today are Karl Glassman, CEO; Ben Burns, CFO; Tyson Hagale, President of the Bedding Products segment; and Sam Smith, President of the Specialized Products and Furniture, Flooring and Textile Products segments. We posted to the IR section of our website yesterday's press release and a set of slides that contain summary financial information along with segment details. Those documents supplement the information we will discuss on this call, including non-GAAP reconciliations. Remarks today concerning future expectations, events, objectives, strategies, trends or results constitute forward-looking statements. Actual results or events may differ materially due to a number of risks and uncertainties, and the company undertakes no obligation to update or revise these statements. Please refer to yesterday's press release and the sections in our most recent 10-K and subsequent 10-Q entitled Risk Factors and Forward-Looking Statements. I'll now turn the call over to Karl. Karl Glassman: Thank you, Ryan, and good morning, everyone. Early last year, we shared our 2025 priorities, which included strengthening the balance sheet, improving operational efficiency and margins and positioning Leggett & Platt for profitable long-term growth. Thanks to the tremendous efforts by our teams, we delivered on those priorities and made significant progress to position the business to accelerate when residential end markets turn. We have substantially completed the restructuring plan we launched in early 2024, reflecting strong execution and disciplined follow-through. The actions taken over the past 2 years delivered greater EBIT benefit at lower cost than originally expected. These improvements are sustainable, and we expect they will contribute to improved profitability and cash flow generation, which will allow us to reinvest in growth and return capital to our shareholders. Although the 2024 restructuring plan is essentially complete, we continue to identify opportunities to improve our cost structure and enhance profitability across our businesses. We also took meaningful steps in 2025 to simplify our portfolio and ensure focus on our core operations. Notably, we divested our Aerospace business in the third quarter. After-tax proceeds from that transaction were used to retire our outstanding commercial paper and accelerate our deleveraging efforts, moving us meaningfully closer to our long-term leverage target of 2x. Our teams also did outstanding work in 2025 to further strengthen our foundation for long-term profitable growth. A few highlights include the continued growth of our …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
Karl G. Glassman | President, Chief Executive Officer & Chairman | USD 4,187,140 | Male | 1958 | Active |
Benjamin Burns | Executive Vice President & Chief Financial Officer | USD 1,425,294 | Male | 1978 | Active |
James Tyson Hagale | Executive Vice President & President of Bedding Products | USD 1,425,139 | Male | 1978 | Active |
Robert Samuel Smith Jr. | EVice President, President of the Furniture, Flooring & Textile Products and President of Specialized Products | USD 1,246,118 | Male | 1968 | Active |
Jennifer J. Davis | Executive Vice President & General Counsel | USD 1,077,474 | Female | 1976 | Active |
Andrew C. Bender | Corporate Vice President & Treasurer | — | Male | — | Active |
Jay Witherspoon | Senior Vice President of Business Support Services | — | Male | — | Active |
Ryan Michael Kleiboeker | Executive Vice President & Chief Strategic Planning Officer | — | Male | 1979 | Active |
Charles Hutchins | Vice President & Chief Tax Officer | — | Male | — | Active |
J. David Young | Senior Vice President & Chief Information Officer | — | Male | — | Active |
Steve Wayne West | Vice President of Investor Relations | — | Male | — | Active |
Lindsey N. Odaffer | Executive Vice President & Chief Human Resources Officer | — | Female | 1983 | Active |
Tammy Trent | Senior Vice President & Chief Accounting Officer | — | Female | 1966 | Active |
Legget & Platt (LEG) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
MCY, LEG and HMN made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 27th, 2026.
/PRNewswire/ -- Tenable Holdings Inc. (NASD: TENB) will replace Leggett and Platt Inc. (NYSE: LEG) in the S&P SmallCap 600 effective prior to the opening of
- Strengthens Global Platform, Deepens Vertical Integration and Expands Component Engineering Expertise - Reduces Net Leverage to Approximately 2.8 Times Adjusted EBITDA at Close - Upsizes Annual Run-Rate Synergy Target to $75 Million, Up from Initial $50 Million Estimate - Hosting Business Update Call on September 2, 2026 DALLAS, Aug. 26, 2026 /PRNewswire/ -- Somnigroup International Inc. (NYSE: SGI, "Company" or "Somnigroup") today announced that it has completed its previously announced combination with Leggett & Platt, Incorporated ("Leggett & Platt"), a diversified manufacturer of engineered components and products. The combined company today operates over 170 manufacturing facilities across 37 countries worldwide and is supported by a global workforce of more than 36,000 colleagues.
SLDE, LEG and THC made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 25th, 2026.
