LEG Leggett & Platt, Incorporated

Price (delayed)

$41.46

Market cap

$5.49B

P/E Ratio

24.68

Dividend/share

$1.6

EPS

$1.68

Enterprise value

$7.58B

Sector: Consumer Cyclical
Industry: Furnishings, Fixtures & Appliances
Leggett & Platt, Inc. engages in the manufacture and distribution of furniture and engineered components; and products among homes, offices, automobiles, and commercial aircraft. It operates through the following segments: Bedding, Flooring & Textile, and Specialized Products. The Bedding Products segment supplies of products and components for the home, including mattress springs and specialty foam, as well as adjustable beds, bedding machinery, steel rod, and drawn wire. The Flooring & Textile Products segment is a producer of an extensive line of components and engineered systems for office, residential, and contract furniture manufacturers. The Specialized Products segment supplies titanium, nickel, and stainless steel tubing for the aerospace industry, and serve the construction market with hydraulic cylinders group. The company was founded J. P. Productsand C. B. Platt in 1883 and is headquartered in Carthage, MO.

Highlights

The debt is down by 12% since the previous quarter and by 11% year-on-year
Leggett & Platt's gross margin has decreased by 4% from the previous quarter but it has increased by 2.9% YoY
LEG's P/E is 39% above its last 4 quarters average of 17.7 and 31% above its 5-year quarterly average of 18.9
The EPS has contracted by 29% from the previous quarter and by 23% YoY

Key stats

What are the main financial stats of LEG
Market
Shares outstanding
132.39M
Market cap
$5.49B
Enterprise value
$7.58B
Valuations
Price to earnings (P/E)
24.68
Price to book (P/B)
4.52
Price to sales (P/S)
1.32
EV/EBIT
19.55
EV/EBITDA
12.33
EV/Sales
1.77
Earnings
Revenue
$4.27B
EBIT
$387.9M
EBITDA
$615.4M
Free cash flow
$471.2M
Per share
EPS
$1.68
Free cash flow per share
$3.47
Book value per share
$9.18
Revenue per share
$31.5
TBVPS
$18.26
Balance sheet
Total assets
$4.58B
Total liabilities
$3.37B
Debt
$2.3B
Equity
$1.21B
Working capital
$634.8M
Liquidity
Debt to equity
1.9
Current ratio
1.82
Quick ratio
1.01
Net debt/EBITDA
3.41
Margins
EBITDA margin
14.4%
Gross margin
21.5%
Net margin
5.3%
Operating margin
8.9%
Efficiency
Return on assets
4.7%
Return on equity
18%
Return on invested capital
9.9%
Return on capital employed
10.2%
Return on sales
9.1%
Dividend
Dividend yield
3.86%
DPS
$1.6
Payout ratio
95.2%

LEG stock price

How has the Leggett & Platt stock price performed over time

Financial performance

How have Leggett & Platt's revenue and profit performed over time
Revenue
$4.27B
Gross profit
$917M
Operating income
$380.9M
Net income
$226M
Gross margin
21.5%
Net margin
5.3%
LEG's net income is down by 29% since the previous quarter and by 22% year-on-year
The net margin is down by 23% since the previous quarter and by 17% year-on-year
The operating income has declined by 23% since the previous quarter and by 14% year-on-year
LEG's operating margin is down by 16% since the previous quarter and by 10% year-on-year

Growth

What is Leggett & Platt's growth rate over time

Valuation

What is Leggett & Platt stock price valuation
P/E
24.68
P/B
4.52
P/S
1.32
EV/EBIT
19.55
EV/EBITDA
12.33
EV/Sales
1.77
LEG's P/E is 39% above its last 4 quarters average of 17.7 and 31% above its 5-year quarterly average of 18.9
The EPS has contracted by 29% from the previous quarter and by 23% YoY
The P/B is 13% more than the last 4 quarters average of 4.0 but 11% less than the 5-year quarterly average of 5.1
LEG's P/S is 20% more than its last 4 quarters average of 1.1 but 12% less than its 5-year quarterly average of 1.5
The company's revenue fell by 8% QoQ and by 5% YoY

Efficiency

How efficient is Leggett & Platt business performance
The ROA has declined by 32% year-on-year and by 28% since the previous quarter
LEG's ROE is down by 29% from the previous quarter and by 26% YoY
The ROIC has contracted by 25% YoY and by 21% from the previous quarter
The ROS has contracted by 16% from the previous quarter and by 9% YoY

Dividends

What is LEG's dividend history
DPS
$1.6
Dividend yield
3.86%
Payout ratio
95.2%
Recent dividends

Financial health

How did Leggett & Platt financials performed over time
The total assets is 36% greater than the total liabilities
Leggett & Platt's quick ratio has decreased by 20% from the previous quarter and by 8% YoY
The company's current ratio fell by 13% QoQ and by 3.7% YoY
The debt is 90% greater than the equity
The debt is down by 12% since the previous quarter and by 11% year-on-year
The debt to equity has contracted by 10% from the previous quarter and by 9% YoY

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.