vs

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

LEGGETT & PLATT INC is the larger business by last-quarter revenue ($938.6M vs $652.7M, roughly 1.4× WEX Inc.). WEX Inc. runs the higher net margin — 10.1% vs 2.7%, a 7.4% gap on every dollar of revenue. On growth, WEX Inc. posted the faster year-over-year revenue change (-3.1% vs -11.2%). LEGGETT & PLATT INC produced more free cash flow last quarter ($101.9M vs $-9.2M). Over the past eight quarters, WEX Inc.'s revenue compounded faster (16.8% CAGR vs -7.5%).

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.

WEX Inc. is a provider of payment processing and information management services to the United States commercial and government vehicle fleet industry. The company is headquartered in Portland, Maine and provides services in the United States, Canada, South America, Europe, Asia, and Australia.

LEG vs WEX — Head-to-Head

Bigger by revenue
LEG
LEG
1.4× larger
LEG
$938.6M
$652.7M
WEX
Growing faster (revenue YoY)
WEX
WEX
+8.0% gap
WEX
-3.1%
-11.2%
LEG
Higher net margin
WEX
WEX
7.4% more per $
WEX
10.1%
2.7%
LEG
More free cash flow
LEG
LEG
$111.1M more FCF
LEG
$101.9M
$-9.2M
WEX
Faster 2-yr revenue CAGR
WEX
WEX
Annualised
WEX
16.8%
-7.5%
LEG

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
LEG
LEG
WEX
WEX
Revenue
$938.6M
$652.7M
Net Profit
$25.1M
$65.8M
Gross Margin
17.9%
Operating Margin
2.0%
25.2%
Net Margin
2.7%
10.1%
Revenue YoY
-11.2%
-3.1%
Net Profit YoY
76.8%
-15.3%
EPS (diluted)
$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
LEG
LEG
WEX
WEX
Q1 26
$652.7M
Q4 25
$938.6M
$465.1M
Q3 25
$1.0B
$481.6M
Q2 25
$1.1B
$454.4M
Q1 25
$1.0B
$444.3M
Q4 24
$1.1B
$440.3M
Q3 24
$1.1B
$479.0M
Q2 24
$1.1B
$478.6M
Net Profit
LEG
LEG
WEX
WEX
Q1 26
$65.8M
Q4 25
$25.1M
$84.2M
Q3 25
$127.1M
$80.3M
Q2 25
$52.5M
$68.1M
Q1 25
$30.6M
$71.5M
Q4 24
$14.2M
$63.9M
Q3 24
$44.9M
$102.9M
Q2 24
$-602.2M
$77.0M
Gross Margin
LEG
LEG
WEX
WEX
Q1 26
Q4 25
17.9%
39.0%
Q3 25
18.7%
43.0%
Q2 25
18.2%
40.0%
Q1 25
18.6%
39.2%
Q4 24
16.6%
41.5%
Q3 24
18.2%
48.0%
Q2 24
16.5%
44.9%
Operating Margin
LEG
LEG
WEX
WEX
Q1 26
25.2%
Q4 25
2.0%
35.7%
Q3 25
14.9%
38.1%
Q2 25
6.8%
34.5%
Q1 25
4.4%
35.4%
Q4 24
2.4%
35.7%
Q3 24
5.2%
41.0%
Q2 24
-56.2%
35.1%
Net Margin
LEG
LEG
WEX
WEX
Q1 26
10.1%
Q4 25
2.7%
18.1%
Q3 25
12.3%
16.7%
Q2 25
5.0%
15.0%
Q1 25
3.0%
16.1%
Q4 24
1.3%
14.5%
Q3 24
4.1%
21.5%
Q2 24
-53.4%
16.1%
EPS (diluted)
LEG
LEG
WEX
WEX
Q1 26
Q4 25
$0.18
$2.38
Q3 25
$0.91
$2.30
Q2 25
$0.38
$1.98
Q1 25
$0.22
$1.81
Q4 24
$0.10
$1.60
Q3 24
$0.33
$2.52
Q2 24
$-4.39
$1.83

Balance Sheet & Financial Strength

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

Metric
LEG
LEG
WEX
WEX
Cash + ST InvestmentsLiquidity on hand
$587.4M
$780.0M
Total DebtLower is stronger
$1.5B
Stockholders' EquityBook value
$1.0B
Total Assets
$3.5B
Debt / EquityLower = less leverage
1.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LEG
LEG
WEX
WEX
Q1 26
$780.0M
Q4 25
$587.4M
$5.2B
Q3 25
$460.7M
$4.9B
Q2 25
$368.8M
$4.9B
Q1 25
$412.6M
$4.4B
Q4 24
$350.2M
$4.4B
Q3 24
$277.2M
$4.3B
Q2 24
$307.0M
$4.0B
Total Debt
LEG
LEG
WEX
WEX
Q1 26
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
Stockholders' Equity
LEG
LEG
WEX
WEX
Q1 26
Q4 25
$1.0B
$1.2B
Q3 25
$971.8M
$1.1B
Q2 25
$855.0M
$978.7M
Q1 25
$746.8M
$810.4M
Q4 24
$689.4M
$1.5B
Q3 24
$741.0M
$1.7B
Q2 24
$667.6M
$1.8B
Total Assets
LEG
LEG
WEX
WEX
Q1 26
Q4 25
$3.5B
$14.4B
Q3 25
$3.5B
$14.4B
Q2 25
$3.7B
$14.7B
Q1 25
$3.7B
$14.0B
Q4 24
$3.7B
$13.3B
Q3 24
$3.8B
$14.0B
Q2 24
$3.8B
$14.2B
Debt / Equity
LEG
LEG
WEX
WEX
Q1 26
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×

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
WEX
WEX
Operating Cash FlowLast quarter
$121.5M
Free Cash FlowOCF − Capex
$101.9M
$-9.2M
FCF MarginFCF / Revenue
10.9%
-1.4%
Capex IntensityCapex / Revenue
2.1%
5.2%
Cash ConversionOCF / Net Profit
4.84×
TTM Free Cash FlowTrailing 4 quarters
$281.0M
$818.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LEG
LEG
WEX
WEX
Q1 26
Q4 25
$121.5M
$294.7M
Q3 25
$125.9M
$376.6M
Q2 25
$84.0M
$264.6M
Q1 25
$6.8M
$-481.6M
Q4 24
$122.3M
$638.4M
Q3 24
$95.5M
$3.3M
Q2 24
$94.0M
$-7.0M
Free Cash Flow
LEG
LEG
WEX
WEX
Q1 26
$-9.2M
Q4 25
$101.9M
$256.3M
Q3 25
$110.1M
$341.6M
Q2 25
$75.5M
$230.0M
Q1 25
$-6.5M
$-514.2M
Q4 24
$100.5M
$599.7M
Q3 24
$77.1M
$-31.7M
Q2 24
$78.5M
$-46.6M
FCF Margin
LEG
LEG
WEX
WEX
Q1 26
-1.4%
Q4 25
10.9%
55.1%
Q3 25
10.6%
70.9%
Q2 25
7.1%
50.6%
Q1 25
-0.6%
-115.7%
Q4 24
9.5%
136.2%
Q3 24
7.0%
-6.6%
Q2 24
7.0%
-9.7%
Capex Intensity
LEG
LEG
WEX
WEX
Q1 26
5.2%
Q4 25
2.1%
8.3%
Q3 25
1.5%
7.3%
Q2 25
0.8%
7.6%
Q1 25
1.3%
7.3%
Q4 24
2.1%
8.8%
Q3 24
1.7%
7.3%
Q2 24
1.4%
8.3%
Cash Conversion
LEG
LEG
WEX
WEX
Q1 26
Q4 25
4.84×
3.50×
Q3 25
0.99×
4.69×
Q2 25
1.60×
3.89×
Q1 25
0.22×
-6.74×
Q4 24
8.61×
9.99×
Q3 24
2.13×
0.03×
Q2 24
-0.09×

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%

WEX
WEX

Segment breakdown not available.

Related Comparisons