Leggett & Platt, Incorporated: Business Overview, Financials & Competitive Analysis
Leggett & Platt, Incorporated scores 4/10 on the AskCyborg Cyborg Score (Mixed). Undervalued legacy manufacturer with margin pressure and revenue headwinds, requiring portfolio optimization and operational turnaround execution. The company faces challenges with declining earnings growth of -27.7% over three years despite valuation strength with P/E ratio of 7.7. Supply chain disruptions, including foam and semiconductor shortages, have pressured volumes.
What is Leggett & Platt, Incorporated's industry? Leggett & Platt, Incorporated (leggett.com) operates in Furnishings, Fixtures & Appliances (Consumer Cyclical). AskCyborg classifies Leggett & Platt, Incorporated under Furnishings, Fixtures & Appliances (Consumer Cyclical) in its company registry.
Leggett & Platt is a diversified manufacturer designing and producing engineered components and products found in homes and automobiles through 13 business units across three segments: Bedding Products, Specialized Pr...
Cyborg Score thesis
Undervalued legacy manufacturer with margin pressure and revenue headwinds, requiring portfolio optimization and operational...
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Get Current Report FreeLeggett & Platt, Incorporated Overview
Pro stress-test →Leggett & Platt is a diversified manufacturer designing and producing engineered components and products found in homes and automobiles through 13 business units across three segments: Bedding Products, Specialized Products, and Furniture, Flooring & Textile Products. The 143-year-old company serves a global customer base with products spanning bedding components, automotive support systems, and furnishings components.
Strategic Profile
Pro stress-test →The company is a market leader in bedding with strong vertical integration capabilities, including proprietary steel rod mill capacity of 500,000 tons annually, supporting competitive advantage. LEG maintains an extensive IP portfolio with 1,247 patents and 909 trademarks, positioning it for continued innovation. Recent performance shows revenue of $4.17 billion but faces headwinds with declining margins at 5.83%, down from historical averages.
Competitive Landscape
Pro stress-test →Main competitors include Flexsteel Industries, Sealy, Bernhardt Furniture, Carlisle Companies, and Haworth. LEG competes on innovation, vertical integration, and product quality in the diversified home furnishings and automotive components markets.
Industry Context
Leggett & Platt, Incorporated operates in Furnishings, Fixtures & Appliances (Consumer Cyclical).
Key facts
Founded: 1882 · Headquarters: Carthage, Missouri, US · Revenue: $4.17B · Market cap: $1.74B