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Side-by-side financial comparison of Compass Diversified Holdings (CODI) and LEGGETT & PLATT INC (LEG). Click either name above to swap in a different company.
LEGGETT & PLATT INC is the larger business by last-quarter revenue ($938.6M vs $468.6M, roughly 2.0× Compass Diversified Holdings). LEGGETT & PLATT INC runs the higher net margin — 2.7% vs -16.8%, a 19.5% gap on every dollar of revenue. On growth, Compass Diversified Holdings posted the faster year-over-year revenue change (-5.1% vs -11.2%). LEGGETT & PLATT INC produced more free cash flow last quarter ($101.9M vs $36.9M). Over the past eight quarters, Compass Diversified Holdings's revenue compounded faster (6.8% CAGR vs -7.5%).
Compass Diversified Holdings is a publicly traded holding firm that acquires and operates a diverse portfolio of middle-market businesses across sectors including consumer goods, industrial manufacturing, outdoor recreation, and food & beverage. It partners with portfolio company leadership teams to drive long-term operational growth and value creation, primarily serving North American markets.
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.
CODI vs LEG — Head-to-Head
Income Statement — Q4 2025 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $468.6M | $938.6M |
| Net Profit | $-78.8M | $25.1M |
| Gross Margin | 43.1% | 17.9% |
| Operating Margin | 9.8% | 2.0% |
| Net Margin | -16.8% | 2.7% |
| Revenue YoY | -5.1% | -11.2% |
| Net Profit YoY | -14.4% | 76.8% |
| EPS (diluted) | $-0.91 | $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.
| Q4 25 | $468.6M | $938.6M | ||
| Q3 25 | $472.6M | $1.0B | ||
| Q2 25 | $478.7M | $1.1B | ||
| Q1 25 | $453.8M | $1.0B | ||
| Q4 24 | $493.9M | $1.1B | ||
| Q3 24 | $456.6M | $1.1B | ||
| Q2 24 | $426.7M | $1.1B | ||
| Q1 24 | $410.8M | $1.1B |
| Q4 25 | $-78.8M | $25.1M | ||
| Q3 25 | $-74.0M | $127.1M | ||
| Q2 25 | $-51.2M | $52.5M | ||
| Q1 25 | $-30.0M | $30.6M | ||
| Q4 24 | $-68.9M | $14.2M | ||
| Q3 24 | $-36.0M | $44.9M | ||
| Q2 24 | $-73.1M | $-602.2M | ||
| Q1 24 | $-56.2M | $31.6M |
| Q4 25 | 43.1% | 17.9% | ||
| Q3 25 | 44.0% | 18.7% | ||
| Q2 25 | 43.6% | 18.2% | ||
| Q1 25 | 43.2% | 18.6% | ||
| Q4 24 | 38.6% | 16.6% | ||
| Q3 24 | 43.1% | 18.2% | ||
| Q2 24 | 44.1% | 16.5% | ||
| Q1 24 | 42.6% | 17.0% |
| Q4 25 | 9.8% | 2.0% | ||
| Q3 25 | -2.3% | 14.9% | ||
| Q2 25 | -5.7% | 6.8% | ||
| Q1 25 | 0.8% | 4.4% | ||
| Q4 24 | -3.8% | 2.4% | ||
| Q3 24 | 1.8% | 5.2% | ||
| Q2 24 | 1.8% | -56.2% | ||
| Q1 24 | -2.9% | 3.9% |
| Q4 25 | -16.8% | 2.7% | ||
| Q3 25 | -15.7% | 12.3% | ||
| Q2 25 | -10.7% | 5.0% | ||
| Q1 25 | -6.6% | 3.0% | ||
| Q4 24 | -13.9% | 1.3% | ||
| Q3 24 | -7.9% | 4.1% | ||
| Q2 24 | -17.1% | -53.4% | ||
| Q1 24 | -13.7% | 2.9% |
| Q4 25 | $-0.91 | $0.18 | ||
| Q3 25 | $-1.21 | $0.91 | ||
| Q2 25 | $-0.88 | $0.38 | ||
| Q1 25 | $-0.59 | $0.22 | ||
| Q4 24 | $-0.57 | $0.10 | ||
| Q3 24 | $-0.62 | $0.33 | ||
| Q2 24 | $-1.12 | $-4.39 | ||
| Q1 24 | $-1.52 | $0.23 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $68.0M | $587.4M |
| Total DebtLower is stronger | $1.9B | $1.5B |
| Stockholders' EquityBook value | $442.0M | $1.0B |
| Total Assets | $3.0B | $3.5B |
| Debt / EquityLower = less leverage | 4.25× | 1.46× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $68.0M | $587.4M | ||
| Q3 25 | $61.1M | $460.7M | ||
| Q2 25 | $73.8M | $368.8M | ||
| Q1 25 | $146.2M | $412.6M | ||
| Q4 24 | $59.7M | $350.2M | ||
| Q3 24 | $64.9M | $277.2M | ||
| Q2 24 | $61.5M | $307.0M | ||
| Q1 24 | $59.5M | $361.3M |
| Q4 25 | $1.9B | $1.5B | ||
| Q3 25 | $1.9B | $1.5B | ||
| Q2 25 | $1.9B | $1.8B | ||
| Q1 25 | $1.9B | $1.9B | ||
| Q4 24 | $1.8B | $1.9B | ||
| Q3 24 | $1.8B | $1.6B | ||
| Q2 24 | $1.7B | $1.7B | ||
| Q1 24 | $1.7B | $1.8B |
| Q4 25 | $442.0M | $1.0B | ||
| Q3 25 | $519.2M | $971.8M | ||
| Q2 25 | $601.9M | $855.0M | ||
| Q1 25 | $680.7M | $746.8M | ||
| Q4 24 | $678.6M | $689.4M | ||
| Q3 24 | $672.2M | $741.0M | ||
| Q2 24 | $711.3M | $667.6M | ||
| Q1 24 | $799.7M | $1.3B |
| Q4 25 | $3.0B | $3.5B | ||
| Q3 25 | $3.2B | $3.5B | ||
| Q2 25 | $3.3B | $3.7B | ||
| Q1 25 | $3.4B | $3.7B | ||
| Q4 24 | $3.3B | $3.7B | ||
| Q3 24 | $3.3B | $3.8B | ||
| Q2 24 | $3.2B | $3.8B | ||
| Q1 24 | $3.3B | $4.6B |
| Q4 25 | 4.25× | 1.46× | ||
| Q3 25 | 3.62× | 1.54× | ||
| Q2 25 | 3.09× | 2.10× | ||
| Q1 25 | 2.73× | 2.59× | ||
| Q4 24 | 2.61× | 2.70× | ||
| Q3 24 | 2.64× | 2.13× | ||
| Q2 24 | 2.42× | 2.55× | ||
| Q1 24 | 2.15× | 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $47.0M | $121.5M |
| Free Cash FlowOCF − Capex | $36.9M | $101.9M |
| FCF MarginFCF / Revenue | 7.9% | 10.9% |
| Capex IntensityCapex / Revenue | 2.2% | 2.1% |
| Cash ConversionOCF / Net Profit | — | 4.84× |
| TTM Free Cash FlowTrailing 4 quarters | $-51.1M | $281.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $47.0M | $121.5M | ||
| Q3 25 | $10.7M | $125.9M | ||
| Q2 25 | $-35.2M | $84.0M | ||
| Q1 25 | $-29.3M | $6.8M | ||
| Q4 24 | $-16.1M | $122.3M | ||
| Q3 24 | $-48.4M | $95.5M | ||
| Q2 24 | $-61.3M | $94.0M | ||
| Q1 24 | $-25.4M | $-6.1M |
| Q4 25 | $36.9M | $101.9M | ||
| Q3 25 | $481.0K | $110.1M | ||
| Q2 25 | $-46.0M | $75.5M | ||
| Q1 25 | $-42.4M | $-6.5M | ||
| Q4 24 | $-39.0M | $100.5M | ||
| Q3 24 | $-63.5M | $77.1M | ||
| Q2 24 | $-72.2M | $78.5M | ||
| Q1 24 | $-33.1M | $-32.0M |
| Q4 25 | 7.9% | 10.9% | ||
| Q3 25 | 0.1% | 10.6% | ||
| Q2 25 | -9.6% | 7.1% | ||
| Q1 25 | -9.4% | -0.6% | ||
| Q4 24 | -7.9% | 9.5% | ||
| Q3 24 | -13.9% | 7.0% | ||
| Q2 24 | -16.9% | 7.0% | ||
| Q1 24 | -8.1% | -2.9% |
| Q4 25 | 2.2% | 2.1% | ||
| Q3 25 | 2.2% | 1.5% | ||
| Q2 25 | 2.3% | 0.8% | ||
| Q1 25 | 2.9% | 1.3% | ||
| Q4 24 | 4.6% | 2.1% | ||
| Q3 24 | 3.3% | 1.7% | ||
| Q2 24 | 2.6% | 1.4% | ||
| Q1 24 | 1.9% | 2.4% |
| Q4 25 | — | 4.84× | ||
| Q3 25 | — | 0.99× | ||
| Q2 25 | — | 1.60× | ||
| Q1 25 | — | 0.22× | ||
| Q4 24 | — | 8.61× | ||
| Q3 24 | — | 2.13× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | -0.19× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CODI
| Other | $119.5M | 26% |
| A5.11Tactical | $113.9M | 24% |
| Sterno Products | $85.9M | 18% |
| Altor | $60.8M | 13% |
| The Honey Pot | $36.0M | 8% |
| Arnold | $25.4M | 5% |
| Velocity Outdoor | $18.7M | 4% |
| Lugano | $8.3M | 2% |
LEG
| Bedding Products | $373.8M | 40% |
| Flooring And Textile Products Group | $196.9M | 21% |
| Automotive Group | $194.9M | 21% |
| Work Furniture Group | $66.2M | 7% |
| Home Furniture Group | $61.0M | 6% |
| Hydraulic Cylinders | $45.8M | 5% |
