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

LEGGETT & PLATT INC is the larger business by last-quarter revenue ($938.6M vs $611.2M, roughly 1.5× TRINITY INDUSTRIES INC). TRINITY INDUSTRIES INC runs the higher net margin — 31.8% vs 2.7%, a 29.1% gap on every dollar of revenue. On growth, TRINITY INDUSTRIES INC posted the faster year-over-year revenue change (-2.9% vs -11.2%). TRINITY INDUSTRIES INC produced more free cash flow last quarter ($158.6M vs $101.9M). Over the past eight quarters, LEGGETT & PLATT INC's revenue compounded faster (-7.5% CAGR vs -13.1%).

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.

Trinity Industries Inc. is an American industrial corporation that owns a variety of businesses which provide products and services to the industrial, energy, transportation and construction sectors.

LEG vs TRN — Head-to-Head

Bigger by revenue
LEG
LEG
1.5× larger
LEG
$938.6M
$611.2M
TRN
Growing faster (revenue YoY)
TRN
TRN
+8.3% gap
TRN
-2.9%
-11.2%
LEG
Higher net margin
TRN
TRN
29.1% more per $
TRN
31.8%
2.7%
LEG
More free cash flow
TRN
TRN
$56.7M more FCF
TRN
$158.6M
$101.9M
LEG
Faster 2-yr revenue CAGR
LEG
LEG
Annualised
LEG
-7.5%
-13.1%
TRN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LEG
LEG
TRN
TRN
Revenue
$938.6M
$611.2M
Net Profit
$25.1M
$194.2M
Gross Margin
17.9%
25.5%
Operating Margin
2.0%
54.9%
Net Margin
2.7%
31.8%
Revenue YoY
-11.2%
-2.9%
Net Profit YoY
76.8%
413.8%
EPS (diluted)
$0.18
$2.25

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
LEG
LEG
TRN
TRN
Q4 25
$938.6M
$611.2M
Q3 25
$1.0B
$454.1M
Q2 25
$1.1B
$506.2M
Q1 25
$1.0B
$585.4M
Q4 24
$1.1B
$629.4M
Q3 24
$1.1B
$798.8M
Q2 24
$1.1B
$841.4M
Q1 24
$1.1B
$809.6M
Net Profit
LEG
LEG
TRN
TRN
Q4 25
$25.1M
$194.2M
Q3 25
$127.1M
$30.3M
Q2 25
$52.5M
$14.1M
Q1 25
$30.6M
$22.1M
Q4 24
$14.2M
$37.8M
Q3 24
$44.9M
$31.4M
Q2 24
$-602.2M
$54.4M
Q1 24
$31.6M
$23.7M
Gross Margin
LEG
LEG
TRN
TRN
Q4 25
17.9%
25.5%
Q3 25
18.7%
31.1%
Q2 25
18.2%
26.4%
Q1 25
18.6%
24.3%
Q4 24
16.6%
24.6%
Q3 24
18.2%
21.2%
Q2 24
16.5%
21.3%
Q1 24
17.0%
20.3%
Operating Margin
LEG
LEG
TRN
TRN
Q4 25
2.0%
54.9%
Q3 25
14.9%
26.1%
Q2 25
6.8%
18.8%
Q1 25
4.4%
17.0%
Q4 24
2.4%
17.8%
Q3 24
5.2%
15.3%
Q2 24
-56.2%
16.9%
Q1 24
3.9%
14.2%
Net Margin
LEG
LEG
TRN
TRN
Q4 25
2.7%
31.8%
Q3 25
12.3%
6.7%
Q2 25
5.0%
2.8%
Q1 25
3.0%
3.8%
Q4 24
1.3%
6.0%
Q3 24
4.1%
3.9%
Q2 24
-53.4%
6.5%
Q1 24
2.9%
2.9%
EPS (diluted)
LEG
LEG
TRN
TRN
Q4 25
$0.18
$2.25
Q3 25
$0.91
$0.37
Q2 25
$0.38
$0.17
Q1 25
$0.22
$0.26
Q4 24
$0.10
$0.34
Q3 24
$0.33
$0.37
Q2 24
$-4.39
$0.65
Q1 24
$0.23
$0.28

Balance Sheet & Financial Strength

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

Metric
LEG
LEG
TRN
TRN
Cash + ST InvestmentsLiquidity on hand
$587.4M
$201.3M
Total DebtLower is stronger
$1.5B
Stockholders' EquityBook value
$1.0B
$1.1B
Total Assets
$3.5B
$8.4B
Debt / EquityLower = less leverage
1.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LEG
LEG
TRN
TRN
Q4 25
$587.4M
$201.3M
Q3 25
$460.7M
$66.3M
Q2 25
$368.8M
$147.7M
Q1 25
$412.6M
$94.9M
Q4 24
$350.2M
$228.2M
Q3 24
$277.2M
$222.4M
Q2 24
$307.0M
$257.1M
Q1 24
$361.3M
$118.8M
Total Debt
LEG
LEG
TRN
TRN
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
LEG
LEG
TRN
TRN
Q4 25
$1.0B
$1.1B
Q3 25
$971.8M
$1.0B
Q2 25
$855.0M
$1.0B
Q1 25
$746.8M
$1.1B
Q4 24
$689.4M
$1.1B
Q3 24
$741.0M
$1.1B
Q2 24
$667.6M
$1.1B
Q1 24
$1.3B
$1.0B
Total Assets
LEG
LEG
TRN
TRN
Q4 25
$3.5B
$8.4B
Q3 25
$3.5B
$8.9B
Q2 25
$3.7B
$8.8B
Q1 25
$3.7B
$8.7B
Q4 24
$3.7B
$8.8B
Q3 24
$3.8B
$8.8B
Q2 24
$3.8B
$9.0B
Q1 24
$4.6B
$9.1B
Debt / Equity
LEG
LEG
TRN
TRN
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
LEG
LEG
TRN
TRN
Operating Cash FlowLast quarter
$121.5M
$177.4M
Free Cash FlowOCF − Capex
$101.9M
$158.6M
FCF MarginFCF / Revenue
10.9%
25.9%
Capex IntensityCapex / Revenue
2.1%
3.1%
Cash ConversionOCF / Net Profit
4.84×
0.91×
TTM Free Cash FlowTrailing 4 quarters
$281.0M
$314.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LEG
LEG
TRN
TRN
Q4 25
$121.5M
$177.4M
Q3 25
$125.9M
$44.2M
Q2 25
$84.0M
$61.6M
Q1 25
$6.8M
$76.5M
Q4 24
$122.3M
$201.6M
Q3 24
$95.5M
$78.5M
Q2 24
$94.0M
$241.5M
Q1 24
$-6.1M
$52.2M
Free Cash Flow
LEG
LEG
TRN
TRN
Q4 25
$101.9M
$158.6M
Q3 25
$110.1M
$35.3M
Q2 25
$75.5M
$52.9M
Q1 25
$-6.5M
$67.3M
Q4 24
$100.5M
$180.1M
Q3 24
$77.1M
$62.1M
Q2 24
$78.5M
$230.2M
Q1 24
$-32.0M
$47.6M
FCF Margin
LEG
LEG
TRN
TRN
Q4 25
10.9%
25.9%
Q3 25
10.6%
7.8%
Q2 25
7.1%
10.5%
Q1 25
-0.6%
11.5%
Q4 24
9.5%
28.6%
Q3 24
7.0%
7.8%
Q2 24
7.0%
27.4%
Q1 24
-2.9%
5.9%
Capex Intensity
LEG
LEG
TRN
TRN
Q4 25
2.1%
3.1%
Q3 25
1.5%
2.0%
Q2 25
0.8%
1.7%
Q1 25
1.3%
1.6%
Q4 24
2.1%
3.4%
Q3 24
1.7%
2.1%
Q2 24
1.4%
1.3%
Q1 24
2.4%
0.6%
Cash Conversion
LEG
LEG
TRN
TRN
Q4 25
4.84×
0.91×
Q3 25
0.99×
1.46×
Q2 25
1.60×
4.37×
Q1 25
0.22×
3.46×
Q4 24
8.61×
5.33×
Q3 24
2.13×
2.50×
Q2 24
4.44×
Q1 24
-0.19×
2.20×

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

TRN
TRN

Manufacturing$296.5M49%
Leasing And Management$234.8M38%
Maintenance Services Domain$69.8M11%
Digital Logistics Services$11.2M2%

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