Leggett & Platt Incorporated (LEG) - Net Assets
Based on the latest financial reports, Leggett & Platt Incorporated (LEG) has net assets worth $1.04 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.52 Billion) and total liabilities ($2.48 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore LEG total asset value for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.04 Billion |
| % of Total Assets | 29.54% |
| Annual Growth Rate | 4.86% |
| 5-Year Change | -37.97% |
| 10-Year Change | -6.53% |
| Growth Volatility | 16.56 |
Leggett & Platt Incorporated - Net Assets Trend (1985–2025)
This chart illustrates how Leggett & Platt Incorporated's net assets have evolved over time, based on quarterly financial data. Check Leggett & Platt Incorporated tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Leggett & Platt Incorporated (1985–2025)
The table below shows the annual net assets of Leggett & Platt Incorporated from 1985 to 2025. For live valuation and market cap data, see Leggett & Platt Incorporated market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.02 Billion | +48.16% |
| 2024-12-31 | $690.20 Million | -48.26% |
| 2023-12-31 | $1.33 Billion | -18.73% |
| 2022-12-31 | $1.64 Billion | -0.44% |
| 2021-12-31 | $1.65 Billion | +18.58% |
| 2020-12-31 | $1.39 Billion | +5.93% |
| 2019-12-31 | $1.31 Billion | +13.38% |
| 2018-12-31 | $1.16 Billion | -2.79% |
| 2017-12-31 | $1.19 Billion | +8.85% |
| 2016-12-31 | $1.09 Billion | -0.34% |
| 2015-12-31 | $1.10 Billion | -4.95% |
| 2014-12-31 | $1.15 Billion | -17.46% |
| 2013-12-31 | $1.40 Billion | -2.98% |
| 2012-12-31 | $1.44 Billion | +10.29% |
| 2011-12-31 | $1.31 Billion | -14.22% |
| 2010-12-31 | $1.52 Billion | -3.24% |
| 2009-12-31 | $1.58 Billion | -4.69% |
| 2008-12-31 | $1.65 Billion | -22.49% |
| 2007-12-31 | $2.13 Billion | -9.29% |
| 2006-12-31 | $2.35 Billion | +4.54% |
| 2005-12-31 | $2.25 Billion | -2.77% |
| 2004-12-31 | $2.31 Billion | +9.42% |
| 2003-12-31 | $2.11 Billion | +6.94% |
| 2002-12-31 | $1.98 Billion | +5.91% |
| 2001-12-31 | $1.87 Billion | +4.06% |
| 2000-12-31 | $1.79 Billion | +8.97% |
| 1999-12-31 | $1.65 Billion | +14.57% |
| 1998-12-31 | $1.44 Billion | +22.39% |
| 1997-12-31 | $1.17 Billion | +24.75% |
| 1996-12-31 | $941.10 Million | +28.20% |
| 1995-12-31 | $734.10 Million | +17.42% |
| 1994-12-31 | $625.20 Million | +21.26% |
| 1993-12-31 | $515.60 Million | +21.26% |
| 1992-12-31 | $425.20 Million | +27.84% |
| 1991-12-31 | $332.60 Million | +9.91% |
| 1990-12-31 | $302.60 Million | +7.46% |
| 1989-12-31 | $281.60 Million | +14.75% |
| 1988-12-31 | $245.40 Million | +17.14% |
| 1987-12-31 | $209.50 Million | +14.42% |
| 1986-12-31 | $183.10 Million | +19.67% |
| 1985-12-31 | $153.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Leggett & Platt Incorporated's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1835.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.27 Billion | 222.20% |
| Common Stock | $2.00 Million | 0.20% |
| Other Comprehensive Income | $-9.00 Million | -0.88% |
| Total Equity | $1.02 Billion | 100.00% |
Leggett & Platt Incorporated Competitors by Market Cap
The table below lists competitors of Leggett & Platt Incorporated ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tokai Carbon Korea Co. Ltd
KQ:064760
|
$1.46 Billion |
|
Vinati Organics Limited
NSE:VINATIORGA
|
$1.46 Billion |
|
DOMS Industries Limited
NSE:DOMS
|
$1.46 Billion |
|
Gs Retail
KO:007070
|
$1.46 Billion |
|
Cardinal Energy Ltd
TO:CJ
|
$1.46 Billion |
|
Damora Therapeutics, Inc.
NASDAQ:DMRA
|
$1.46 Billion |
|
Kelt Exploration Ltd.
TO:KEL
|
$1.46 Billion |
|
PROG Holdings Inc
NYSE:PRG
|
$1.46 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Leggett & Platt Incorporated's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 689,400,000 to 1,022,600,000, a change of 333,200,000 (48.3%).
- Net income of 235,400,000 contributed positively to equity growth.
- Dividend payments of 27,000,000 reduced retained earnings.
- Share repurchases of 2,400,000 reduced equity.
- Other comprehensive income increased equity by 106,800,000.
- Other factors increased equity by 20,400,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $235.40 Million | +23.02% |
| Dividends Paid | $27.00 Million | -2.64% |
| Share Repurchases | $2.40 Million | -0.23% |
| Other Comprehensive Income | $106.80 Million | +10.44% |
| Other Changes | $20.40 Million | +1.99% |
| Total Change | $- | 48.33% |
Book Value vs Market Value Analysis
This analysis compares Leggett & Platt Incorporated's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.52x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 8.34x to 1.52x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $1.34 | $11.16 | x |
| 1986-12-31 | $1.38 | $11.16 | x |
| 1987-12-31 | $1.56 | $11.16 | x |
| 1988-12-31 | $1.82 | $11.16 | x |
| 1989-12-31 | $2.02 | $11.16 | x |
| 1990-12-31 | $2.16 | $11.16 | x |
| 1991-12-31 | $2.36 | $11.16 | x |
| 1992-12-31 | $2.79 | $11.16 | x |
| 1993-12-31 | $3.12 | $11.16 | x |
| 1994-12-31 | $3.77 | $11.16 | x |
| 1995-12-31 | $4.32 | $11.16 | x |
| 1996-12-31 | $5.12 | $11.16 | x |
| 1997-12-31 | $6.09 | $11.16 | x |
| 1998-12-31 | $7.18 | $11.16 | x |
| 1999-12-31 | $8.22 | $11.16 | x |
| 2000-12-31 | $8.97 | $11.16 | x |
| 2001-12-31 | $9.35 | $11.16 | x |
| 2002-12-31 | $9.92 | $11.16 | x |
| 2003-12-31 | $10.78 | $11.16 | x |
| 2004-12-31 | $11.75 | $11.16 | x |
| 2005-12-31 | $11.63 | $11.16 | x |
| 2006-12-31 | $12.60 | $11.16 | x |
| 2007-12-31 | $11.86 | $11.16 | x |
| 2008-12-31 | $9.83 | $11.16 | x |
| 2009-12-31 | $9.71 | $11.16 | x |
| 2010-12-31 | $9.83 | $11.16 | x |
| 2011-12-31 | $8.90 | $11.16 | x |
| 2012-12-31 | $9.88 | $11.16 | x |
| 2013-12-31 | $9.64 | $11.16 | x |
| 2014-12-31 | $8.06 | $11.16 | x |
| 2015-12-31 | $7.68 | $11.16 | x |
| 2016-12-31 | $7.81 | $11.16 | x |
| 2017-12-31 | $8.67 | $11.16 | x |
| 2018-12-31 | $8.56 | $11.16 | x |
| 2019-12-31 | $9.69 | $11.16 | x |
| 2020-12-31 | $10.23 | $11.16 | x |
| 2021-12-31 | $12.06 | $11.16 | x |
| 2022-12-31 | $12.02 | $11.16 | x |
| 2023-12-31 | $9.78 | $11.16 | x |
| 2024-12-31 | $5.02 | $11.16 | x |
| 2025-12-31 | $7.32 | $11.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Leggett & Platt Incorporated utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 23.02%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.80%
- • Asset Turnover: 1.15x
- • Equity Multiplier: 3.46x
- Recent ROE (23.02%) is above the historical average (13.17%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 15.69% | 5.01% | 1.77x | 1.77x | $8.70 Million |
| 1986 | 18.90% | 5.91% | 1.68x | 1.91x | $16.29 Million |
| 1987 | 17.90% | 5.78% | 1.69x | 1.83x | $16.55 Million |
| 1988 | 15.36% | 4.65% | 1.70x | 1.95x | $13.16 Million |
| 1989 | 16.30% | 4.63% | 1.74x | 2.02x | $17.74 Million |
| 1990 | 9.72% | 2.70% | 1.61x | 2.23x | $-860.00K |
| 1991 | 11.85% | 3.64% | 1.65x | 1.97x | $6.14 Million |
| 1992 | 14.70% | 5.34% | 1.73x | 1.59x | $19.98 Million |
| 1993 | 16.66% | 5.63% | 1.69x | 1.75x | $34.34 Million |
| 1994 | 18.46% | 6.21% | 1.66x | 1.79x | $52.88 Million |
| 1995 | 18.38% | 6.55% | 1.69x | 1.66x | $61.49 Million |
| 1996 | 14.93% | 5.70% | 1.44x | 1.82x | $46.39 Million |
| 1997 | 17.74% | 7.16% | 1.38x | 1.79x | $90.90 Million |
| 1998 | 17.26% | 7.36% | 1.33x | 1.76x | $104.32 Million |
| 1999 | 17.65% | 7.69% | 1.27x | 1.81x | $125.88 Million |
| 2000 | 14.72% | 6.18% | 1.27x | 1.88x | $84.72 Million |
| 2001 | 10.05% | 4.56% | 1.21x | 1.83x | $940.00K |
| 2002 | 11.79% | 5.46% | 1.22x | 1.77x | $35.41 Million |
| 2003 | 9.74% | 4.69% | 1.13x | 1.84x | $-5.50 Million |
| 2004 | 12.34% | 5.61% | 1.21x | 1.81x | $54.09 Million |
| 2005 | 11.17% | 4.74% | 1.31x | 1.80x | $26.40 Million |
| 2006 | 12.77% | 5.45% | 1.29x | 1.81x | $65.19 Million |
| 2007 | -0.53% | -0.26% | 1.06x | 1.91x | $-224.47 Million |
| 2008 | 6.32% | 2.56% | 1.29x | 1.91x | $-60.90 Million |
| 2009 | 7.19% | 3.66% | 1.00x | 1.97x | $-43.60 Million |
| 2010 | 11.72% | 5.26% | 1.12x | 1.99x | $25.87 Million |
| 2011 | 11.72% | 4.22% | 1.25x | 2.23x | $22.53 Million |
| 2012 | 17.21% | 6.67% | 1.14x | 2.26x | $103.98 Million |
| 2013 | 14.10% | 5.27% | 1.21x | 2.22x | $57.38 Million |
| 2014 | 8.49% | 2.59% | 1.20x | 2.72x | $-17.49 Million |
| 2015 | 29.62% | 8.30% | 1.32x | 2.70x | $215.33 Million |
| 2016 | 35.27% | 10.29% | 1.26x | 2.73x | $276.40 Million |
| 2017 | 24.57% | 7.42% | 1.12x | 2.95x | $173.52 Million |
| 2018 | 26.43% | 7.16% | 1.26x | 2.92x | $190.14 Million |
| 2019 | 23.92% | 6.61% | 0.99x | 3.67x | $182.75 Million |
| 2020 | 18.20% | 5.91% | 0.90x | 3.42x | $113.97 Million |
| 2021 | 24.41% | 7.93% | 0.96x | 3.22x | $237.54 Million |
| 2022 | 18.88% | 6.02% | 0.99x | 3.16x | $145.73 Million |
| 2023 | -10.26% | -2.90% | 1.02x | 3.48x | $-270.13 Million |
| 2024 | -74.19% | -11.67% | 1.20x | 5.31x | $-580.44 Million |
| 2025 | 23.02% | 5.80% | 1.15x | 3.46x | $133.14 Million |
Industry Comparison
This section compares Leggett & Platt Incorporated's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $122,096,641
- Average return on equity (ROE) among peers: -27.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Leggett & Platt Incorporated (LEG) | $1.04 Billion | 15.69% | 2.38x | $1.46 Billion |
| American Woodmark Corporation (AMWD) | $175.32 Million | -12.74% | 0.61x | $700.65 Million |
| Aterian Inc (ATER) | $36.03 Million | -206.94% | 0.72x | $4.34 Million |
| Applied UV, Inc. (AUVIQ) | $32.67 Million | -22.62% | 0.18x | $467.00 |
| Bassett Furniture Industries (BSET) | $110.33 Million | -20.57% | 0.96x | $136.89 Million |
| Traeger Inc (COOK) | $276.43 Million | -12.30% | 2.01x | $170.41 Million |
| Crown Crafts Inc (CRWS) | $39.62 Million | -23.61% | 1.05x | $29.53 Million |
| Energy Focu (EFOI) | $-477.00K | 0.00% | 0.00x | $18.28 Million |
| Ethan Allen Interiors Inc (ETD) | $460.78 Million | 17.44% | 0.42x | $544.30 Million |
| FGI Industries Ltd (FGI) | $21.57 Million | -5.57% | 2.50x | $8.20 Million |
| Flexsteel Industries Inc (FLXS) | $68.70 Million | 9.32% | 0.21x | $227.58 Million |
About Leggett & Platt Incorporated
Leggett & Platt, Incorporated, together with its subsidiaries, designs, manufactures, and sells engineered components and products in the United States, Europe, China, Canada, Mexico, and internationally. The company offers steel rod, drawn wire, innersprings, specialty foam chemicals and additives, for use in bedding and furniture, semi-finished mattresses, private label finished mattresses, pil… Read more