Leggett & Platt, Incorporated (LEG) Financial Ratios
30 years of historical data (1996–2025) · Consumer Cyclical · Furnishings, Fixtures & Appliances
EV/EBITDA
↓
6.83
↓-26% vs avg
5yr avg: 9.28
30Y Low7.2·High15.3
P/FCF
↓
5.00
↓-63% vs avg
5yr avg: 13.54
30Y Low5.5·High48.8
P/B Ratio
↓
1.41
↓-42% vs avg
5yr avg: 2.44
30Y Low1.5·High6.2
ROE
↑
27.5%
↓+953% vs avg
5yr avg: 2.6%
30Y Low-51%·High35%
Debt/EBITDA
↑
4.57
+7% vs avg
5yr avg: 4.26
30Y Low1.0·High5.8
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
LEG Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Leggett & Platt, Incorporated trades at 6.1x earnings, 47% below its 5-year average of 11.6x, sitting at the 0th percentile of its historical range. Compared to the Consumer Cyclical sector median P/E of 19.4x, the stock trades at a discount of 69%. On a free-cash-flow basis, the stock trades at 5.0x P/FCF, 63% below the 5-year average of 13.5x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $1.4B | $1.5B | $1.3B | $3.6B | $4.4B | $5.6B | $6.0B | $6.9B | $4.8B | $6.6B | $6.8B |
| Enterprise Value | $2.5B | $2.6B | $3.0B | $5.4B | $6.4B | $7.6B | $7.7B | $8.9B | $5.7B | $7.3B | $7.5B |
| P/E Ratio → | 6.10 | 6.51 | — | — | 14.20 | 14.00 | 23.82 | 20.58 | 15.86 | 22.41 | 17.71 |
| P/S Ratio | 0.35 | 0.38 | 0.30 | 0.75 | 0.85 | 1.11 | 1.41 | 1.45 | 1.13 | 1.66 | 1.82 |
| P/B Ratio | 1.41 | 1.50 | 1.91 | 2.67 | 2.68 | 3.41 | 4.33 | 5.24 | 4.18 | 5.50 | 6.24 |
| P/FCF | 5.00 | 5.47 | 5.88 | 9.30 | 12.90 | 34.16 | 11.22 | 13.11 | 17.26 | 23.05 | 15.97 |
| P/OCF | 4.16 | 4.54 | 4.31 | 7.17 | 9.97 | 20.74 | 9.99 | 10.30 | 11.01 | 14.77 | 12.38 |
P/E links to full P/E history page with 30-year chart
LEG EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Leggett & Platt, Incorporated's enterprise value stands at 6.8x EBITDA, 26% below its 5-year average of 9.3x. The Consumer Cyclical sector median is 11.4x, placing the stock at a 40% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.64 | 0.69 | 1.14 | 1.24 | 1.49 | 1.81 | 1.88 | 1.35 | 1.85 | 2.01 |
| EV / EBITDA | 6.83 | 7.20 | 8.51 | 10.81 | 9.61 | 10.26 | 12.81 | 13.05 | 10.12 | 12.90 | 13.52 |
| EV / EBIT | 10.33 | 7.32 | — | — | 13.02 | 12.62 | 18.84 | 18.04 | 12.90 | 15.31 | 14.30 |
| EV / FCF | — | 9.27 | 13.46 | 14.08 | 18.67 | 45.86 | 14.42 | 16.98 | 20.47 | 25.60 | 17.55 |
LEG Profitability
Margins and return-on-capital ratios measuring operating efficiency
Leggett & Platt, Incorporated earns an operating margin of 5.9%, above the Consumer Cyclical sector average of 2.9%. ROE of 27.5% indicates solid capital efficiency, compared to the sector median of 5.7%. ROIC of 8.0% represents adequate returns on invested capital versus a sector median of 5.8%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 18.0% | 18.0% | 17.1% | 18.1% | 19.0% | 20.5% | 21.1% | 21.5% | 20.8% | 22.0% | 24.0% |
| Operating Margin | 5.9% | 5.9% | 5.0% | 6.8% | 9.4% | 10.8% | 9.7% | 10.3% | 10.4% | 11.4% | 12.0% |
| Net Profit Margin | 5.8% | 5.8% | -11.7% | -2.9% | 6.0% | 7.9% | 5.9% | 6.6% | 7.2% | 7.4% | 10.3% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 27.5% | 27.5% | -50.5% | -9.2% | 18.8% | 26.5% | 18.7% | 25.4% | 26.0% | 25.6% | 35.0% |
| ROA | 6.5% | 6.5% | -12.3% | -2.8% | 5.9% | 8.0% | 5.3% | 7.7% | 8.9% | 9.0% | 13.0% |
| ROIC | 8.0% | 8.0% | 5.9% | 7.1% | 10.1% | 12.3% | 9.6% | 13.6% | 16.7% | 18.2% | 18.8% |
| ROCE | 8.6% | 8.6% | 7.1% | 8.4% | 11.8% | 14.2% | 10.9% | 15.2% | 17.2% | 18.5% | 19.8% |
LEG Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Leggett & Platt, Incorporated carries a Debt/EBITDA ratio of 4.6x, which is highly leveraged (roughly in line with the sector average of 4.4x). Net debt stands at $1.1B ($1.7B total debt minus $587M cash). Interest coverage of 5.4x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.62 | 1.62 | 2.97 | 1.65 | 1.39 | 1.39 | 1.48 | 1.74 | 1.01 | 1.05 | 0.88 |
| Debt / EBITDA | 4.57 | 4.57 | 5.78 | 4.40 | 3.45 | 3.11 | 3.42 | 3.34 | 2.06 | 2.22 | 1.72 |
| Net Debt / Equity | — | 1.04 | 2.46 | 1.37 | 1.20 | 1.17 | 1.23 | 1.55 | 0.78 | 0.61 | 0.62 |
| Net Debt / EBITDA | 2.95 | 2.95 | 4.79 | 3.66 | 2.97 | 2.62 | 2.84 | 2.97 | 1.59 | 1.29 | 1.22 |
| Debt / FCF | — | 3.80 | 7.58 | 4.77 | 5.78 | 11.69 | 3.20 | 3.87 | 3.21 | 2.55 | 1.58 |
| Interest Coverage | 5.37 | 5.37 | -4.93 | -0.96 | 5.72 | 7.82 | 4.96 | 5.45 | 7.31 | 10.93 | 13.55 |
LEG Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Leggett & Platt, Incorporated's current ratio of 2.25x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 1.45x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has improved from 1.49x to 2.25x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.25 | 2.25 | 2.00 | 1.49 | 2.02 | 1.55 | 1.60 | 1.66 | 1.87 | 1.84 | 1.88 |
| Quick Ratio | 1.45 | 1.45 | 1.14 | 0.84 | 1.09 | 0.80 | 0.96 | 0.97 | 1.09 | 1.23 | 1.14 |
| Cash Ratio | 0.76 | 0.76 | 0.41 | 0.29 | 0.33 | 0.27 | 0.35 | 0.27 | 0.33 | 0.56 | 0.40 |
| Asset Turnover | — | 1.15 | 1.20 | 1.02 | 0.99 | 0.96 | 0.90 | 0.99 | 1.26 | 1.12 | 1.26 |
| Inventory Turnover | 5.34 | 5.34 | 5.03 | 4.72 | 4.59 | 4.06 | 5.23 | 5.86 | 5.33 | 5.39 | 5.49 |
| Days Sales Outstanding | — | 42.84 | 46.58 | 49.23 | 47.87 | 46.88 | 48.06 | 45.46 | 48.87 | 55.08 | 47.36 |
LEG Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Leggett & Platt, Incorporated returns 2.0% to shareholders annually — split between a 1.9% dividend yield and 0.2% buyback yield. The payout ratio of 11.5% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 16.4% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.9% | 1.8% | 10.3% | 6.7% | 5.2% | 3.9% | 3.5% | 3.0% | 4.0% | 2.8% | 2.6% |
| Payout Ratio | 11.5% | 11.5% | — | — | 74.0% | 54.2% | 83.6% | 65.2% | 63.3% | 63.4% | 46.0% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 16.4% | 15.4% | — | — | 7.0% | 7.1% | 4.2% | 4.9% | 6.3% | 4.5% | 5.6% |
| FCF Yield | 20.0% | 18.3% | 17.0% | 10.7% | 7.8% | 2.9% | 8.9% | 7.6% | 5.8% | 4.3% | 6.3% |
| Buyback Yield | 0.2% | 0.2% | 0.4% | 0.2% | 1.4% | 0.2% | 0.2% | 0.2% | 2.3% | 2.4% | 2.9% |
| Total Shareholder Yield | 2.0% | 1.9% | 10.7% | 6.9% | 6.6% | 4.1% | 3.7% | 3.2% | 6.3% | 5.2% | 5.5% |
| Shares Outstanding | — | $140M | $137M | $136M | $137M | $137M | $136M | $135M | $135M | $137M | $140M |
Peer Comparison
Compare LEG with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 LEGYou | $1B | 6.1 | 6.8 | 5.0 | 18.0% | 5.9% | 27.5% | 8.0% | 4.6 |
 MHK | $6B | 17.3 | 7.0 | 10.2 | 23.9% | 4.7% | 4.6% | 3.9% | 2.4 |
 SNA | $19B | 19.3 | 13.3 | 19.2 | 51.7% | 25.8% | 17.9% | 18.1% | 0.9 |
 SON | $5B | 13.0 | 7.8 | 13.0 | 20.9% | 9.5% | 13.4% | 6.2% | 3.9 |
 SEE | $6B | 12.3 | 14.3 | 13.5 | 29.8% | 13.5% | 54.3% | 11.2% | 5.9 |
 ALLE | $12B | 18.4 | 13.8 | 17.1 | 45.2% | 21.1% | 36.1% | 18.1% | 2.3 |
 PRGO | $2B | -1.1 | 7.4 | 11.1 | 35.1% | 8.1% | -39.3% | 3.7% | 5.8 |
 TREX | $4B | 22.0 | 13.5 | 30.6 | 39.2% | 22.0% | 20.2% | 16.4% | 0.7 |
 SNBR | $69M | -0.5 | — | — | 59.0% | -3.3% | — | -0.0% | — |
 NUE | $52B | 30.1 | 13.7 | — | 11.9% | 8.2% | 8.0% | 7.7% | 1.7 |
 RS | $19B | 26.4 | 15.9 | 37.5 | 26.8% | 7.2% | 10.3% | 8.9% | 1.5 |
| Consumer Cyclical Median | — | 19.4 | 11.4 | 15.3 | 36.8% | 2.9% | 5.7% | 5.8% | 4.4 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
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Start ComparisonLEG — Frequently Asked Questions
Quick answers to the most common questions about buying LEG stock.
What is Leggett & Platt, Incorporated's P/E ratio?
Leggett & Platt, Incorporated's current P/E ratio is 6.1x. The historical average is 20.6x.
What is Leggett & Platt, Incorporated's EV/EBITDA?
Leggett & Platt, Incorporated's current EV/EBITDA is 6.8x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 10.1x.
What is Leggett & Platt, Incorporated's ROE?
Leggett & Platt, Incorporated's return on equity (ROE) is 27.5%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 13.5%.
Is LEG stock overvalued?
Based on historical data, Leggett & Platt, Incorporated is trading at a P/E of 6.1x. Compare with industry peers and growth rates for a complete picture.
What is Leggett & Platt, Incorporated's dividend yield?
Leggett & Platt, Incorporated's current dividend yield is 1.88% with a payout ratio of 11.5%.
What are Leggett & Platt, Incorporated's profit margins?
Leggett & Platt, Incorporated has 18.0% gross margin and 5.9% operating margin.
How much debt does Leggett & Platt, Incorporated have?
Leggett & Platt, Incorporated's Debt/EBITDA ratio is 4.6x, indicating high leverage. A ratio above 4x may signal elevated financial risk.