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

Liberty Energy Inc. is the larger business by last-quarter revenue ($1.0B vs $938.6M, roughly 1.1× LEGGETT & PLATT INC). LEGGETT & PLATT INC runs the higher net margin — 2.7% vs 2.2%, a 0.5% gap on every dollar of revenue. On growth, Liberty Energy Inc. posted the faster year-over-year revenue change (4.5% vs -11.2%). Over the past eight quarters, Liberty Energy Inc.'s revenue compounded faster (-6.2% CAGR vs -7.5%).

Liberty Energy Inc. is a North American energy services provider specializing in hydraulic fracturing and well completion solutions for oil and gas operators. It serves clients across major U.S. shale basins, offering low-emission equipment and tailored support to optimize well productivity.

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.

LBRT vs LEG — Head-to-Head

Bigger by revenue
LBRT
LBRT
1.1× larger
LBRT
$1.0B
$938.6M
LEG
Growing faster (revenue YoY)
LBRT
LBRT
+15.6% gap
LBRT
4.5%
-11.2%
LEG
Higher net margin
LEG
LEG
0.5% more per $
LEG
2.7%
2.2%
LBRT
Faster 2-yr revenue CAGR
LBRT
LBRT
Annualised
LBRT
-6.2%
-7.5%
LEG

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
LBRT
LBRT
LEG
LEG
Revenue
$1.0B
$938.6M
Net Profit
$22.6M
$25.1M
Gross Margin
17.9%
Operating Margin
2.2%
2.0%
Net Margin
2.2%
2.7%
Revenue YoY
4.5%
-11.2%
Net Profit YoY
76.8%
EPS (diluted)
$0.14
$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
LBRT
LBRT
LEG
LEG
Q1 26
$1.0B
Q4 25
$1.0B
$938.6M
Q3 25
$947.4M
$1.0B
Q2 25
$1.0B
$1.1B
Q1 25
$977.5M
$1.0B
Q4 24
$943.6M
$1.1B
Q3 24
$1.1B
$1.1B
Q2 24
$1.2B
$1.1B
Net Profit
LBRT
LBRT
LEG
LEG
Q1 26
$22.6M
Q4 25
$13.7M
$25.1M
Q3 25
$43.1M
$127.1M
Q2 25
$71.0M
$52.5M
Q1 25
$20.1M
$30.6M
Q4 24
$51.9M
$14.2M
Q3 24
$73.8M
$44.9M
Q2 24
$108.4M
$-602.2M
Gross Margin
LBRT
LBRT
LEG
LEG
Q1 26
Q4 25
20.6%
17.9%
Q3 25
18.7%
18.7%
Q2 25
22.1%
18.2%
Q1 25
22.1%
18.6%
Q4 24
21.4%
16.6%
Q3 24
26.2%
18.2%
Q2 24
27.9%
16.5%
Operating Margin
LBRT
LBRT
LEG
LEG
Q1 26
2.2%
Q4 25
1.9%
2.0%
Q3 25
-0.3%
14.9%
Q2 25
3.6%
6.8%
Q1 25
1.9%
4.4%
Q4 24
2.6%
2.4%
Q3 24
9.4%
5.2%
Q2 24
12.2%
-56.2%
Net Margin
LBRT
LBRT
LEG
LEG
Q1 26
2.2%
Q4 25
1.3%
2.7%
Q3 25
4.5%
12.3%
Q2 25
6.8%
5.0%
Q1 25
2.1%
3.0%
Q4 24
5.5%
1.3%
Q3 24
6.5%
4.1%
Q2 24
9.3%
-53.4%
EPS (diluted)
LBRT
LBRT
LEG
LEG
Q1 26
$0.14
Q4 25
$0.08
$0.18
Q3 25
$0.26
$0.91
Q2 25
$0.43
$0.38
Q1 25
$0.12
$0.22
Q4 24
$0.31
$0.10
Q3 24
$0.44
$0.33
Q2 24
$0.64
$-4.39

Balance Sheet & Financial Strength

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

Metric
LBRT
LBRT
LEG
LEG
Cash + ST InvestmentsLiquidity on hand
$699.1M
$587.4M
Total DebtLower is stronger
$7.1M
$1.5B
Stockholders' EquityBook value
$1.9B
$1.0B
Total Assets
$4.4B
$3.5B
Debt / EquityLower = less leverage
0.00×
1.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LBRT
LBRT
LEG
LEG
Q1 26
$699.1M
Q4 25
$27.6M
$587.4M
Q3 25
$13.5M
$460.7M
Q2 25
$19.6M
$368.8M
Q1 25
$24.1M
$412.6M
Q4 24
$20.0M
$350.2M
Q3 24
$23.0M
$277.2M
Q2 24
$30.0M
$307.0M
Total Debt
LBRT
LBRT
LEG
LEG
Q1 26
$7.1M
Q4 25
$246.6M
$1.5B
Q3 25
$1.5B
Q2 25
$1.8B
Q1 25
$1.9B
Q4 24
$190.5M
$1.9B
Q3 24
$1.6B
Q2 24
$1.7B
Stockholders' Equity
LBRT
LBRT
LEG
LEG
Q1 26
$1.9B
Q4 25
$2.1B
$1.0B
Q3 25
$2.1B
$971.8M
Q2 25
$2.0B
$855.0M
Q1 25
$2.0B
$746.8M
Q4 24
$2.0B
$689.4M
Q3 24
$2.0B
$741.0M
Q2 24
$1.9B
$667.6M
Total Assets
LBRT
LBRT
LEG
LEG
Q1 26
$4.4B
Q4 25
$3.6B
$3.5B
Q3 25
$3.5B
$3.5B
Q2 25
$3.4B
$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
Debt / Equity
LBRT
LBRT
LEG
LEG
Q1 26
0.00×
Q4 25
0.12×
1.46×
Q3 25
1.54×
Q2 25
2.10×
Q1 25
2.59×
Q4 24
0.10×
2.70×
Q3 24
2.13×
Q2 24
2.55×

Cash Flow & Capital Efficiency

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

Metric
LBRT
LBRT
LEG
LEG
Operating Cash FlowLast quarter
$121.5M
Free Cash FlowOCF − Capex
$101.9M
FCF MarginFCF / Revenue
10.9%
Capex IntensityCapex / Revenue
13.1%
2.1%
Cash ConversionOCF / Net Profit
4.84×
TTM Free Cash FlowTrailing 4 quarters
$281.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LBRT
LBRT
LEG
LEG
Q1 26
Q4 25
$195.4M
$121.5M
Q3 25
$51.5M
$125.9M
Q2 25
$170.6M
$84.0M
Q1 25
$192.1M
$6.8M
Q4 24
$177.3M
$122.3M
Q3 24
$244.5M
$95.5M
Q2 24
$248.2M
$94.0M
Free Cash Flow
LBRT
LBRT
LEG
LEG
Q1 26
Q4 25
$-10.0M
$101.9M
Q3 25
$-67.2M
$110.1M
Q2 25
$33.1M
$75.5M
Q1 25
$58.2M
$-6.5M
Q4 24
$-26.2M
$100.5M
Q3 24
$77.9M
$77.1M
Q2 24
$112.2M
$78.5M
FCF Margin
LBRT
LBRT
LEG
LEG
Q1 26
Q4 25
-1.0%
10.9%
Q3 25
-7.1%
10.6%
Q2 25
3.2%
7.1%
Q1 25
6.0%
-0.6%
Q4 24
-2.8%
9.5%
Q3 24
6.8%
7.0%
Q2 24
9.7%
7.0%
Capex Intensity
LBRT
LBRT
LEG
LEG
Q1 26
13.1%
Q4 25
19.8%
2.1%
Q3 25
12.5%
1.5%
Q2 25
13.2%
0.8%
Q1 25
13.7%
1.3%
Q4 24
21.6%
2.1%
Q3 24
14.6%
1.7%
Q2 24
11.7%
1.4%
Cash Conversion
LBRT
LBRT
LEG
LEG
Q1 26
Q4 25
14.28×
4.84×
Q3 25
1.20×
0.99×
Q2 25
2.40×
1.60×
Q1 25
9.55×
0.22×
Q4 24
3.42×
8.61×
Q3 24
3.31×
2.13×
Q2 24
2.29×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LBRT
LBRT

Segment breakdown not available.

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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