Leggett & Platt Incorporated (LEG) - Total Assets
Based on the latest financial reports, Leggett & Platt Incorporated (LEG) holds total assets worth $3.54 Billion USD as of December 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore how much of Leggett & Platt Incorporated's assets are long-term investments to see how much of total assets are deployed in long-term investments.
Leggett & Platt Incorporated - Total Assets Trend (1985–2024)
This chart illustrates how Leggett & Platt Incorporated's total assets have evolved over time, based on quarterly financial data. Check Leggett & Platt Incorporated liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Leggett & Platt Incorporated - Asset Composition Analysis
Current Asset Composition (December 2024)
Leggett & Platt Incorporated's total assets of $3.54 Billion consist of 46.2% current assets and 53.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $350.20 Million | 9.6% |
| Accounts Receivable | $559.40 Million | 15.3% |
| Inventory | $722.60 Million | 19.7% |
| Property, Plant & Equipment | $903.70 Million | 24.7% |
| Intangible Assets | $140.40 Million | 3.8% |
| Goodwill | $794.40 Million | 21.7% |
Asset Composition Trend (1985–2024)
This chart illustrates how Leggett & Platt Incorporated's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see LEG market cap.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Leggett & Platt Incorporated's current assets represent 46.2% of total assets in 2024, a decrease from 51.1% in 1985.
- Cash Position: Cash and equivalents constituted 9.6% of total assets in 2024, up from 3.3% in 1985.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 24.0% of total assets, an increase from 3.0% in 1985.
- Asset Diversification: The largest asset category is property, plant & equipment at 24.7% of total assets.
Leggett & Platt Incorporated Competitors by Total Assets
Key competitors of Leggett & Platt Incorporated based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Holike
SHG:603898
|
China | CN¥3.62 Billion |
|
Jason Furniture(Hangzhou)
SHG:603816
|
China | CN¥18.96 Billion |
|
Guangdong Piano Customized Furniture Co Ltd
SHE:002853
|
China | CN¥1.42 Billion |
|
Xiamen Goldenhome Co Ltd
SHG:603180
|
China | CN¥6.06 Billion |
|
Anhui Sentai WPC Group Share Co. Ltd.
SHE:301429
|
China | CN¥1.69 Billion |
|
Qumei Furniture Group Co Ltd
SHG:603818
|
China | CN¥6.07 Billion |
|
Ace Bed Company Limited
KQ:003800
|
Korea | ₩802.79 Billion |
|
Fursys
KO:016800
|
Korea | ₩645.92 Billion |
Leggett & Platt Incorporated - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.25 | 2.00 | 1.80 |
| Quick Ratio | 1.45 | 1.14 | 0.99 |
| Cash Ratio | 0.00 | 0.41 | 0.00 |
| Working Capital | $968.60 Million | $844.10 Million | $793.40 Million |
Leggett & Platt Incorporated - Advanced Valuation Insights
This section examines the relationship between Leggett & Platt Incorporated's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.55 |
| Latest Market Cap to Assets Ratio | 0.38 |
| Asset Growth Rate (YoY) | -21.0% |
| Total Assets | $3.66 Billion |
| Market Capitalization | $1.40 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Leggett & Platt Incorporated's assets below their book value (0.38x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Leggett & Platt Incorporated's assets decreased by 21.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Leggett & Platt Incorporated (1985–2024)
The table below shows the annual total assets of Leggett & Platt Incorporated from 1985 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $3.66 Billion | -20.99% |
| 2023-12-31 | $4.63 Billion | -10.64% |
| 2022-12-31 | $5.19 Billion | -2.28% |
| 2021-12-31 | $5.31 Billion | +11.64% |
| 2020-12-31 | $4.75 Billion | -1.30% |
| 2019-12-31 | $4.82 Billion | +42.41% |
| 2018-12-31 | $3.38 Billion | -3.86% |
| 2017-12-31 | $3.52 Billion | +17.88% |
| 2016-12-31 | $2.98 Billion | +0.56% |
| 2015-12-31 | $2.97 Billion | -5.51% |
| 2014-12-31 | $3.14 Billion | +1.05% |
| 2013-12-31 | $3.11 Billion | -4.51% |
| 2012-12-31 | $3.25 Billion | +11.66% |
| 2011-12-31 | $2.92 Billion | -2.86% |
| 2010-12-31 | $3.00 Billion | -1.97% |
| 2009-12-31 | $3.06 Billion | -3.18% |
| 2008-12-31 | $3.16 Billion | -22.36% |
| 2007-12-31 | $4.07 Billion | -4.52% |
| 2006-12-31 | $4.27 Billion | +5.25% |
| 2005-12-31 | $4.05 Billion | -3.45% |
| 2004-12-31 | $4.20 Billion | +7.91% |
| 2003-12-31 | $3.89 Billion | +11.10% |
| 2002-12-31 | $3.50 Billion | +2.58% |
| 2001-12-31 | $3.41 Billion | +1.18% |
| 2000-12-31 | $3.37 Billion | +13.29% |
| 1999-12-31 | $2.98 Billion | +17.44% |
| 1998-12-31 | $2.54 Billion | +20.37% |
| 1997-12-31 | $2.11 Billion | +22.97% |
| 1996-12-31 | $1.71 Billion | +40.60% |
| 1995-12-31 | $1.22 Billion | +8.79% |
| 1994-12-31 | $1.12 Billion | +24.17% |
| 1993-12-31 | $901.90 Million | +33.02% |
| 1992-12-31 | $678.00 Million | +3.34% |
| 1991-12-31 | $656.10 Million | -2.96% |
| 1990-12-31 | $676.10 Million | +18.97% |
| 1989-12-31 | $568.30 Million | +18.99% |
| 1988-12-31 | $477.60 Million | +24.28% |
| 1987-12-31 | $384.30 Million | +9.99% |
| 1986-12-31 | $349.40 Million | +29.17% |
| 1985-12-31 | $270.50 Million | -- |
About Leggett & Platt Incorporated
Leggett & Platt, Incorporated 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, pillows and toppers, static foundati… Read more