Leggett & Platt Inc. (LEG) financial statements: income statement, balance sheet and cash flow
Leggett & Platt Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Leggett & Platt Inc. reported net income of $235.4M (+146.0% year on year).
Income statement
Leggett & Platt Inc. income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net trade sales
$4.1B
$4.4B
$4.7B
$5.1B
Cost of goods sold
$3.3B
$3.6B
$3.9B
$4.2B
Gross profit
$744.1M
$749.1M
$853.8M
$976.8M
Selling and administrative expenses
$488.3M
$508.8M
$465.4M
$427.3M
Amortization of intangibles
$16.2M
$22.0M
$69.0M
$66.8M
Goodwill impairment
$0
$676.0M
—
—
Long-lived asset impairment
$19.0M
$6.3M
$443.7M
—
Gain on sale of Aerospace Products Group
($90.9M)
—
—
—
Net gain on disposal of assets and businesses
($64.1M)
—
—
—
Pension settlement
$22.0M
—
—
—
Other (income) expense, net
($2.4M)
$1.5M
($13.8M)
—
Earnings (loss) before interest and income taxes
$356.0M
($429.9M)
($90.4M)
$485.0M
Interest expense
$72.9M
$85.9M
$88.4M
$85.5M
Interest income
$6.6M
$6.6M
$5.4M
$4.1M
Earnings (loss) before income taxes
$289.7M
($509.2M)
($173.4M)
$403.6M
Income taxes
$54.3M
$2.2M
($36.6M)
$93.7M
Net earnings (loss)
$235.4M
($511.4M)
($136.8M)
$309.9M
Earnings attributable to noncontrolling interest, net of tax
$0
($100.0K)
$0
($100.0K)
Net earnings (loss) attributable to Leggett & Platt, Inc. common shareholders
$235.4M
($511.5M)
($136.8M)
$309.8M
Basic (in dollars per share)
$1.70
-$3.73
-$1.00
$2.28
Diluted (in dollars per share)
$1.69
-$3.73
-$1.00
$2.27
Leggett & Platt Inc. income statement, quarters
Line item
Jun 30, 2026 · Q2
Mar 31, 2026 · Q1
Sep 30, 2025 · Q3
Jun 30, 2025 · Q2
Net trade sales
$999.7M
$918.2M
$1.0B
$1.1B
Cost of goods sold
$796.5M
$747.5M
$842.7M
$865.4M
Gross profit
$203.2M
$170.7M
$193.7M
$192.6M
Selling and administrative expenses
$119.8M
$121.5M
$124.5M
$118.4M
Amortization of intangibles
$3.1M
$3.6M
$3.8M
$3.6M
Net gain on disposal of assets and businesses
($11.6M)
($9.4M)
($15.8M)
($19.3M)
Somnigroup International Inc. merger costs (See Note A)
$10.1M
$3.5M
—
—
Other expense (income), net
$1.7M
$7.0M
($3.9M)
($1.4M)
Earnings before interest and income taxes
$80.1M
$44.5M
$171.1M
$90.4M
Interest expense
$14.7M
$14.5M
$18.5M
$20.5M
Interest income
$3.0M
$1.9M
$1.8M
$1.8M
Earnings before income taxes
$68.4M
$31.9M
$154.4M
$71.7M
Income taxes
$21.3M
$11.9M
$27.2M
$19.2M
Net earnings
$47.1M
$20.0M
$127.2M
$52.5M
(Earnings) attributable to noncontrolling interest, net of tax
$0
$0
($100.0K)
$0
Net earnings attributable to Leggett & Platt, Inc. common shareholders
$47.1M
$20.0M
$127.1M
$52.5M
Basic (in usd per share)
$0.34
$0.14
$0.92
$0.38
Diluted (in usd per share)
$0.33
$0.14
$0.91
$0.38
Basic (in shares)
140.0M
139.3M
138.7M
138.5M
Diluted (in shares)
141.6M
141.0M
140.2M
139.6M
Balance sheet
Leggett & Platt Inc. balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and cash equivalents
$587.4M
$350.2M
$365.5M
$316.5M
Trade receivables, net
$433.7M
$503.0M
$564.9M
$609.0M
Other receivables, net
$42.2M
$56.4M
$72.4M
$66.0M
Inventories
$622.6M
$722.6M
$819.7M
$907.5M
Prepaid expenses and other current assets
$57.7M
$58.3M
$58.9M
$59.0M
Total current assets
$1.7B
$1.7B
$1.9B
$2.0B
Machinery and equipment
$1.4B
$1.5B
$1.5B
$1.4B
Buildings and other
$752.4M
$780.6M
$820.3M
$791.0M
Land
$36.7M
$39.0M
$42.8M
$43.5M
Total property, plant and equipment
$2.2B
$2.3B
$2.4B
$2.3B
Less accumulated depreciation
$1.6B
$1.6B
$1.6B
$1.5B
Net property, plant and equipment
$664.0M
$724.4M
$781.2M
$772.4M
Goodwill
$751.4M
$794.4M
$1.5B
$1.5B
Other intangibles, net
$91.3M
$140.4M
$167.5M
$675.4M
Operating lease right-of-use assets
$137.9M
$175.7M
$193.2M
$195.0M
Other noncurrent assets
$148.2M
$136.2M
$121.4M
$110.9M
Total other assets
$1.1B
$1.2B
$2.0B
$2.5B
TOTAL ASSETS
$3.5B
$3.7B
$4.6B
$5.2B
Current maturities of long-term debt and short-term debt
$1.5M
$1.3M
$308.0M
—
Current portion of operating lease liabilities
$51.5M
$53.4M
$57.3M
$49.5M
Accounts payable
$466.6M
$497.7M
$536.2M
$518.4M
Accrued expenses
$227.3M
$242.2M
$256.8M
$261.7M
Other current liabilities
$28.1M
$51.8M
$104.3M
$129.1M
Total current liabilities
$775.0M
$846.4M
$1.3B
$968.1M
Long-term debt
$1.5B
$1.9B
$1.7B
$2.1B
Operating lease liabilities
$106.7M
$131.1M
$150.5M
$153.6M
Other long-term liabilities
$83.0M
$82.2M
$106.6M
$126.1M
Deferred income taxes
$52.9M
$48.9M
$101.2M
$222.7M
Total long-term liabilities
$1.7B
$2.1B
$2.0B
$2.6B
Common stock—authorized, 600.0 shares of $.01 par value; 198.8 shares issued; Preferred stock—authorized, 100.0 shares; none issued
2.0M
2.0M
2.0M
—
Additional contributed capital
$550.3M
$568.7M
$575.8M
$568.5M
Retained earnings
$2.3B
$2.1B
$2.7B
$3.0B
Accumulated other comprehensive loss
($9.0M)
($115.8M)
($43.7M)
($93.5M)
Less treasury stock—at cost (63.3 and 64.4 shares at December 31, 2025 and 2024, respectively)
-1.8B
-1.8B
-1.9B
-1.9B
Total Leggett & Platt, Inc. equity
$1.0B
$689.4M
$1.3B
$1.6B
Noncontrolling interest
$500.0K
$800.0K
$700.0K
$700.0K
Total equity
$1.0B
$690.2M
$1.3B
$1.6B
TOTAL LIABILITIES AND EQUITY
$3.5B
$3.7B
$4.6B
$5.2B
Leggett & Platt Inc. balance sheet, quarters
Line item
Jun 30, 2026
Mar 31, 2026
Sep 30, 2025
Jun 30, 2025
Cash and cash equivalents
$545.8M
$510.5M
$460.7M
$368.8M
Trade receivables, net
$518.4M
$487.1M
$536.1M
$542.2M
Other receivables, net
$50.0M
$33.1M
$32.3M
$35.0M
Inventories
$638.3M
$663.3M
$634.0M
$648.6M
Prepaid expenses and other current assets
$78.8M
$53.0M
$45.7M
$53.3M
Total current assets
$1.8B
$1.7B
$1.7B
$1.7B
Machinery and equipment
$1.5B
$1.5B
$1.4B
$1.5B
Buildings and other
$701.1M
$717.9M
$760.8M
$759.9M
Land
$34.7M
$35.6M
$37.4M
$38.4M
Total property, plant and equipment
$2.2B
$2.2B
$2.2B
$2.3B
Less accumulated depreciation
$1.6B
$1.6B
$1.6B
$1.6B
Net property, plant and equipment
$646.9M
$658.4M
$673.2M
$686.4M
Goodwill
$745.1M
$747.6M
$748.5M
$751.2M
Other intangibles, net
$82.9M
$87.2M
$94.9M
$97.8M
Operating lease right-of-use assets
$130.9M
$129.9M
$159.9M
$154.9M
Sundry
$165.7M
$149.0M
$139.7M
$127.0M
Total other assets
$1.1B
$1.1B
$1.1B
$1.3B
TOTAL ASSETS
$3.6B
$3.5B
$3.5B
$3.7B
Current maturities of long-term debt and short-term debt
$1.5M
$1.6M
$1.4M
$1.3M
Current portion of operating lease liabilities
$48.5M
$50.0M
$46.3M
$50.9M
Accounts payable
$475.5M
$467.9M
$485.3M
$468.4M
Accrued expenses
$210.7M
$196.8M
$228.8M
$201.3M
Other current liabilities
$43.1M
$32.4M
$32.3M
$40.8M
Total current liabilities
$779.3M
$748.7M
$794.1M
$802.3M
Long-term debt
$1.5B
$1.5B
$1.5B
$1.8B
Operating lease liabilities
$100.3M
$99.7M
$120.0M
$111.2M
Other long-term liabilities
$88.2M
$80.0M
$86.1M
$82.0M
Deferred income taxes
$56.0M
$54.4M
$56.6M
$51.8M
Total long-term liabilities
$1.7B
$1.7B
$1.8B
$2.0B
Common stock
$2.0M
$2.0M
$2.0M
$2.0M
Additional contributed capital
$530.1M
$533.0M
$550.4M
$552.0M
Retained earnings
$2.3B
$2.3B
$2.3B
$2.1B
Accumulated other comprehensive loss
($17.7M)
($17.4M)
($38.4M)
($32.9M)
Treasury stock
($1.8B)
($1.8B)
($1.8B)
($1.8B)
Total Leggett & Platt, Inc. equity
$1.1B
$1.0B
$971.8M
$855.0M
Noncontrolling interest
$500.0K
$500.0K
$600.0K
$800.0K
Total equity
$1.1B
$1.0B
$972.4M
$855.8M
TOTAL LIABILITIES AND EQUITY
$3.6B
$3.5B
$3.5B
$3.7B
Cash flow statement
Leggett & Platt Inc. cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net earnings (loss)
$235.4M
($511.4M)
($136.8M)
$309.9M
Depreciation
$104.7M
$112.4M
$108.9M
$110.2M
Amortization of intangibles and supply agreements
$17.7M
$23.6M
$71.0M
$69.6M
Long-lived asset impairment
$19.0M
$6.3M
$443.7M
$0
Goodwill impairment
$0
$676.0M
—
$0
Increase (decrease) in provision for losses on accounts receivable
$6.7M
$6.3M
($6.5M)
$3.2M
Write-down of inventories
$12.5M
$35.7M
$9.0M
$17.1M
Gain on sale of Aerospace Products Group
($90.9M)
—
—
—
Net gain on disposal of assets and businesses
($64.1M)
—
—
—
Deferred income tax benefit
($20.2M)
($58.0M)
($129.2M)
($15.7M)
Stock-based compensation
$19.6M
$26.5M
$27.6M
$30.1M
Pension expense (income), net of contributions
$18.3M
—
—
($1.7M)
Other, net
($3.8M)
($6.1M)
$13.6M
($800.0K)
Accounts and other receivables
$85.4M
$42.5M
$48.6M
($26.6M)
Inventories
$35.0M
$44.7M
$86.5M
$96.1M
Other current assets
($5.3M)
$3.6M
$4.0M
($3.7M)
Accounts payable
($27.5M)
($27.9M)
$13.7M
($102.1M)
Accrued expenses and other current liabilities
($4.3M)
($32.9M)
($36.8M)
($41.7M)
Net Cash Provided by Operating Activities
$338.2M
$305.7M
$497.2M
$441.4M
Additions to property, plant and equipment
($57.2M)
($81.6M)
($113.8M)
($100.3M)
Proceeds from disposal of Aerospace Products Group
$276.1M
—
—
—
Proceeds from disposals of assets and businesses
$74.4M
—
—
—
Other, net
$0
($2.0M)
($900.0K)
($1.8M)
Net Cash Provided by (Used for) Investing Activities
$293.3M
($36.6M)
($91.3M)
($181.2M)
Additions to long-term debt
$0
$0
$700.0K
$4.7M
Payments on long-term debt
($100.0K)
($300.1M)
($2.0M)
($301.5M)
Change in commercial paper and short-term debt
$376.1M
($174.2M)
($105.8M)
$301.8M
Dividends paid
($27.0M)
($136.3M)
($239.4M)
($229.2M)
Purchases of common stock
($2.4M)
($4.9M)
($6.0M)
($60.3M)
Other, net
($7.6M)
($2.9M)
($6.3M)
($1.7M)
Net Cash Used for Financing Activities
($413.2M)
($270.0M)
($358.8M)
($286.2M)
Effect of Exchange Rate Changes on Cash
$18.9M
($14.4M)
$1.9M
($19.2M)
Increase (Decrease) in Cash and Cash Equivalents
$237.2M
($15.3M)
$49.0M
($45.2M)
Cash and Cash Equivalents—Beginning of Year
$350.2M
$365.5M
$316.5M
$361.7M
Cash and Cash Equivalents—End of Year
$587.4M
$350.2M
$365.5M
$316.5M
Interest paid (net of amounts capitalized)
$69.7M
$84.9M
$85.8M
$84.0M
Property, plant and equipment acquired through finance leases
$1.7M
$1.1M
$1.4M
$1.4M
Capital expenditures in accounts payable
$4.1M
$4.7M
$3.2M
$3.6M
Leggett & Platt Inc. cash flow statement, quarters
Line item
Jun 30, 2026 · YTD
Mar 31, 2026 · Q1
Sep 30, 2025 · YTD
Jun 30, 2025 · YTD
Net earnings
$67.1M
$20.0M
$210.3M
$83.1M
Depreciation
$49.3M
$24.2M
$77.2M
$52.0M
Amortization of intangibles and supply agreements
$7.4M
$4.0M
$13.5M
$9.3M
Long-lived asset impairment
$3.0M
$2.8M
$2.0M
$1.2M
Increase in provision for losses on accounts receivable
$2.9M
$2.2M
$4.5M
$1.8M
Write-down of inventories
$7.1M
$3.2M
$10.9M
$8.1M
Net gain from disposal of assets and businesses
($21.0M)
($9.4M)
($37.2M)
($21.4M)
Deferred income tax benefit (expense)
$5.5M
—
($400.0K)
($1.6M)
Stock-based compensation
$15.2M
$11.3M
$16.1M
$12.5M
Other, net
($300.0K)
$3.8M
($8.5M)
($6.4M)
Accounts and other receivables
($103.2M)
($53.0M)
($10.6M)
($18.1M)
Inventories
($25.5M)
($45.7M)
$23.5M
$17.2M
Other current assets
($7.9M)
$6.6M
$3.9M
($1.7M)
Accounts payable
$1.6M
($500.0K)
($5.0M)
($14.6M)
Accrued expenses and other current liabilities
($11.5M)
($25.6M)
$3.3M
($30.6M)
Net Cash (Used for) Provided by Operating Activities
($10.3M)
($56.1M)
$216.7M
$90.8M
Additions to property, plant and equipment
($44.8M)
($24.3M)
($37.6M)
($21.8M)
Proceeds from disposal of Aerospace Products Group
$4.2M
$4.2M
$276.1M
—
Proceeds from disposals of assets and businesses
$22.7M
$10.1M
$47.0M
$29.1M
Other, net
($1.0M)
($600.0K)
$2.6M
$3.0M
Net Cash (Used for) Provided by Investing Activities