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Side-by-side financial comparison of Maplebear Inc. (CART) and LEGGETT & PLATT INC (LEG). Click either name above to swap in a different company.

Maplebear Inc. is the larger business by last-quarter revenue ($992.0M vs $938.6M, roughly 1.1× LEGGETT & PLATT INC). Maplebear Inc. runs the higher net margin — 8.2% vs 2.7%, a 5.5% gap on every dollar of revenue. On growth, Maplebear Inc. posted the faster year-over-year revenue change (12.3% vs -11.2%). Maplebear Inc. produced more free cash flow last quarter ($171.0M vs $101.9M). Over the past eight quarters, Maplebear Inc.'s revenue compounded faster (10.0% CAGR vs -7.5%).

Maplebear Inc., doing business as Instacart, is an American retail media and delivery company based in San Francisco that operates a grocery delivery and pick-up service in the United States and Canada accessible via a website and mobile app. It allows customers to order groceries, and alcohol where legal, from participating retailers with the shopping being done by a personal shopper, who picks, packs, and delivers the order.

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.

CART vs LEG — Head-to-Head

Bigger by revenue
CART
CART
1.1× larger
CART
$992.0M
$938.6M
LEG
Growing faster (revenue YoY)
CART
CART
+23.5% gap
CART
12.3%
-11.2%
LEG
Higher net margin
CART
CART
5.5% more per $
CART
8.2%
2.7%
LEG
More free cash flow
CART
CART
$69.1M more FCF
CART
$171.0M
$101.9M
LEG
Faster 2-yr revenue CAGR
CART
CART
Annualised
CART
10.0%
-7.5%
LEG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CART
CART
LEG
LEG
Revenue
$992.0M
$938.6M
Net Profit
$81.0M
$25.1M
Gross Margin
72.3%
17.9%
Operating Margin
9.9%
2.0%
Net Margin
8.2%
2.7%
Revenue YoY
12.3%
-11.2%
Net Profit YoY
-45.3%
76.8%
EPS (diluted)
$0.31
$0.18

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CART
CART
LEG
LEG
Q4 25
$992.0M
$938.6M
Q3 25
$939.0M
$1.0B
Q2 25
$914.0M
$1.1B
Q1 25
$897.0M
$1.0B
Q4 24
$883.0M
$1.1B
Q3 24
$852.0M
$1.1B
Q2 24
$823.0M
$1.1B
Q1 24
$820.0M
$1.1B
Net Profit
CART
CART
LEG
LEG
Q4 25
$81.0M
$25.1M
Q3 25
$144.0M
$127.1M
Q2 25
$116.0M
$52.5M
Q1 25
$106.0M
$30.6M
Q4 24
$148.0M
$14.2M
Q3 24
$118.0M
$44.9M
Q2 24
$61.0M
$-602.2M
Q1 24
$130.0M
$31.6M
Gross Margin
CART
CART
LEG
LEG
Q4 25
72.3%
17.9%
Q3 25
73.7%
18.7%
Q2 25
74.2%
18.2%
Q1 25
74.8%
18.6%
Q4 24
75.2%
16.6%
Q3 24
75.2%
18.2%
Q2 24
75.7%
16.5%
Q1 24
74.9%
17.0%
Operating Margin
CART
CART
LEG
LEG
Q4 25
9.9%
2.0%
Q3 25
17.7%
14.9%
Q2 25
13.6%
6.8%
Q1 25
12.3%
4.4%
Q4 24
17.6%
2.4%
Q3 24
16.2%
5.2%
Q2 24
6.3%
-56.2%
Q1 24
17.6%
3.9%
Net Margin
CART
CART
LEG
LEG
Q4 25
8.2%
2.7%
Q3 25
15.3%
12.3%
Q2 25
12.7%
5.0%
Q1 25
11.8%
3.0%
Q4 24
16.8%
1.3%
Q3 24
13.8%
4.1%
Q2 24
7.4%
-53.4%
Q1 24
15.9%
2.9%
EPS (diluted)
CART
CART
LEG
LEG
Q4 25
$0.31
$0.18
Q3 25
$0.51
$0.91
Q2 25
$0.41
$0.38
Q1 25
$0.37
$0.22
Q4 24
$0.53
$0.10
Q3 24
$0.42
$0.33
Q2 24
$0.20
$-4.39
Q1 24
$0.43
$0.23

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CART
CART
LEG
LEG
Cash + ST InvestmentsLiquidity on hand
$687.0M
$587.4M
Total DebtLower is stronger
$1.5B
Stockholders' EquityBook value
$2.5B
$1.0B
Total Assets
$3.7B
$3.5B
Debt / EquityLower = less leverage
1.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CART
CART
LEG
LEG
Q4 25
$687.0M
$587.4M
Q3 25
$1.7B
$460.7M
Q2 25
$1.6B
$368.8M
Q1 25
$1.6B
$412.6M
Q4 24
$1.4B
$350.2M
Q3 24
$1.3B
$277.2M
Q2 24
$1.4B
$307.0M
Q1 24
$1.5B
$361.3M
Total Debt
CART
CART
LEG
LEG
Q4 25
$1.5B
Q3 25
$1.5B
Q2 25
$1.8B
Q1 25
$1.9B
Q4 24
$1.9B
Q3 24
$1.6B
Q2 24
$1.7B
Q1 24
$1.8B
Stockholders' Equity
CART
CART
LEG
LEG
Q4 25
$2.5B
$1.0B
Q3 25
$3.5B
$971.8M
Q2 25
$3.3B
$855.0M
Q1 25
$3.2B
$746.8M
Q4 24
$3.1B
$689.4M
Q3 24
$2.9B
$741.0M
Q2 24
$3.0B
$667.6M
Q1 24
$3.1B
$1.3B
Total Assets
CART
CART
LEG
LEG
Q4 25
$3.7B
$3.5B
Q3 25
$4.5B
$3.5B
Q2 25
$4.4B
$3.7B
Q1 25
$4.3B
$3.7B
Q4 24
$4.1B
$3.7B
Q3 24
$3.9B
$3.8B
Q2 24
$4.0B
$3.8B
Q1 24
$4.1B
$4.6B
Debt / Equity
CART
CART
LEG
LEG
Q4 25
1.46×
Q3 25
1.54×
Q2 25
2.10×
Q1 25
2.59×
Q4 24
2.70×
Q3 24
2.13×
Q2 24
2.55×
Q1 24
1.38×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CART
CART
LEG
LEG
Operating Cash FlowLast quarter
$183.0M
$121.5M
Free Cash FlowOCF − Capex
$171.0M
$101.9M
FCF MarginFCF / Revenue
17.2%
10.9%
Capex IntensityCapex / Revenue
1.2%
2.1%
Cash ConversionOCF / Net Profit
2.26×
4.84×
TTM Free Cash FlowTrailing 4 quarters
$910.0M
$281.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CART
CART
LEG
LEG
Q4 25
$183.0M
$121.5M
Q3 25
$287.0M
$125.9M
Q2 25
$203.0M
$84.0M
Q1 25
$298.0M
$6.8M
Q4 24
$153.0M
$122.3M
Q3 24
$185.0M
$95.5M
Q2 24
$244.0M
$94.0M
Q1 24
$105.0M
$-6.1M
Free Cash Flow
CART
CART
LEG
LEG
Q4 25
$171.0M
$101.9M
Q3 25
$272.0M
$110.1M
Q2 25
$187.0M
$75.5M
Q1 25
$280.0M
$-6.5M
Q4 24
$141.0M
$100.5M
Q3 24
$171.0M
$77.1M
Q2 24
$220.0M
$78.5M
Q1 24
$91.0M
$-32.0M
FCF Margin
CART
CART
LEG
LEG
Q4 25
17.2%
10.9%
Q3 25
29.0%
10.6%
Q2 25
20.5%
7.1%
Q1 25
31.2%
-0.6%
Q4 24
16.0%
9.5%
Q3 24
20.1%
7.0%
Q2 24
26.7%
7.0%
Q1 24
11.1%
-2.9%
Capex Intensity
CART
CART
LEG
LEG
Q4 25
1.2%
2.1%
Q3 25
1.6%
1.5%
Q2 25
1.8%
0.8%
Q1 25
2.0%
1.3%
Q4 24
1.4%
2.1%
Q3 24
1.6%
1.7%
Q2 24
2.9%
1.4%
Q1 24
1.7%
2.4%
Cash Conversion
CART
CART
LEG
LEG
Q4 25
2.26×
4.84×
Q3 25
1.99×
0.99×
Q2 25
1.75×
1.60×
Q1 25
2.81×
0.22×
Q4 24
1.03×
8.61×
Q3 24
1.57×
2.13×
Q2 24
4.00×
Q1 24
0.81×
-0.19×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CART
CART

Transaction$698.0M70%
Advertising And Other$294.0M30%

LEG
LEG

Bedding Products$373.8M40%
Flooring And Textile Products Group$196.9M21%
Automotive Group$194.9M21%
Work Furniture Group$66.2M7%
Home Furniture Group$61.0M6%
Hydraulic Cylinders$45.8M5%

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