LEGGETT & PLATT INCLEGEarnings & Financial Report
Leggett & Platt (L&P), based in Carthage, Missouri, is an American diversified manufacturer that designs and produces various engineered components and products that can be found in homes and automobiles. The firm was founded in 1883, and consists of 15 business units, 20,000 employee-partners, and 135 manufacturing facilities located in 18 countries.
Revenue
$1.0B
Gross Profit
$190.0M
Operating Profit
$45.1M
Net Profit
$30.6M
Gross Margin
18.6%
Operating Margin
4.4%
Net Margin
3.0%
YoY Growth
-6.8%
EPS
$0.22
LEGGETT & PLATT INC Q1 FY2025 Financial Summary
LEGGETT & PLATT INC reported revenue of $1.0B (down 6.8% YoY) for Q1 FY2025, with a net profit of $30.6M (down 3.2% YoY) (3.0% margin). Cost of goods sold was $832.1M, operating expenses totaled $144.9M.
Key Financial Metrics
| Total Revenue | $1.0B |
|---|---|
| Net Profit | $30.6M |
| Gross Margin | 18.6% |
| Operating Margin | 4.4% |
| Report Period | Q1 FY2025 |
Revenue Breakdown
LEGGETT & PLATT INC Q1 FY2025 revenue of $1.0B breaks down across 7 segments, led by Bedding Products at $390.7M (38.2% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Bedding Products | $390.7M | 38.2% |
| Automotive Group | $197.2M | 19.3% |
| Flooring And Textile Products Group | $195.6M | 19.1% |
| Work Furniture Group | $68.9M | 6.7% |
| Home Furniture Group | $66.8M | 6.5% |
| Aerospace Products Group | $53.0M | 5.2% |
| Hydraulic Cylinders | $49.9M | 4.9% |
LEGGETT & PLATT INC Revenue by Segment — Quarterly Trend
LEGGETT & PLATT INC revenue by segment across the last 4 reported quarters, showing how each business line (such as Bedding Products and Automotive Group) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Bedding Products | $373.8M | $402.5M | $391.4M | $390.7M |
| Automotive Group | $194.9M | $199.5M | $202.7M | $197.2M |
| Flooring And Textile Products Group | $196.9M | $225.6M | $229.2M | $195.6M |
| Work Furniture Group | $66.2M | $68.9M | $72.1M | $68.9M |
| Home Furniture Group | $61.0M | $61.9M | $61.2M | $66.8M |
LEGGETT & PLATT INC Annual Revenue by Year
LEGGETT & PLATT INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $4.1B).
| Year | Annual Revenue |
|---|---|
| 2025 | $4.1B |
| 2024 | $4.4B |
LEGGETT & PLATT INC Quarterly Revenue & Net Profit History
LEGGETT & PLATT INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $938.6M | -11.2% | $25.1M | 2.7% |
| Q3 FY2025 | $1.0B | -5.9% | $127.1M | 12.3% |
| Q2 FY2025 | $1.1B | -6.3% | $52.5M | 5.0% |
| Q1 FY2025 | $1.0B | -6.8% | $30.6M | 3.0% |
| Q4 FY2024 | $1.1B | — | $14.2M | 1.3% |
| Q3 FY2024 | $1.1B | -6.3% | $44.9M | 4.1% |
| Q2 FY2024 | $1.1B | -7.6% | $-602.2M | -53.4% |
| Q1 FY2024 | $1.1B | — | $31.6M | 2.9% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.10B | $1.13B | $1.10B | $1.06B | $1.02B | $1.06B | $1.04B | $938.6M |
| YoY Growth | N/A | -7.6% | -6.3% | N/A | -6.8% | -6.3% | -5.9% | -11.2% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $4.61B | $3.84B | $3.78B | $3.66B | $3.75B | $3.70B | $3.52B | $3.54B |
| Liabilities | $3.33B | $3.17B | $3.04B | $2.97B | $3.00B | $2.85B | $2.55B | $2.51B |
| Equity | $1.29B | $667.6M | $741.0M | $689.4M | $746.8M | $855.0M | $971.8M | $1.02B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-6.1M | $94.0M | $95.5M | $122.3M | $6.8M | $84.0M | $125.9M | $121.5M |