Leggett & Platt (LEG) Asset Utilization Ratio (2010 - 2026)
Leggett & Platt's Asset Utilization Ratio came in at 1.09 for Q2 2026, down 3.9% from 1.14 a year earlier and down 2.4% from the prior quarter.
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Analysis
Leggett & Platt (LEG) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
For FY2025, Leggett & Platt's Asset Utilization Ratio was 1.13, up 6.6% from FY2024.
- Going back by year, Asset Utilization Ratio was 1.06 in FY2024 (+9.8%), 0.96 in FY2023 (-1.9%), 0.98 in FY2022 (-2.3%) and 1.00 in FY2021 (+12.8%).
- The Q2 2026 figure represents the lowest quarterly Asset Utilization Ratio since Q2 2024.
- Year-over-year, Asset Utilization Ratio has declined for four consecutive quarters, with growth averaging 7.1% over the last eight quarters.
- The fastest year-over-year change in Asset Utilization Ratio over five years came in Q3 2024 (growth of 24.0%), and the weakest in Q3 2023 (a decline of 7.4%).
- Business Quant data shows LEG's Asset Utilization Ratio at 1.12 (Q1 2026), 1.15 (Q4 2025) and 1.15 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 0.75 |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 0.67 |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 0.45 |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 0.54 |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 0.70 |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 0.78 |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 0.44 |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 0.72 |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 1.01 |
| 10 | Leggett & Platt | 1.26 Bn | -847.28 Mn | 203.20 Mn | 1.09 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.09 |
| Mar 31, 2026 | 1.12 |
| Dec 31, 2025 | 1.15 |
| Sep 30, 2025 | 1.15 |
| Jun 30, 2025 | 1.14 |
| Mar 31, 2025 | 1.16 |
| Dec 31, 2024 | 1.18 |
| Sep 30, 2024 | 1.17 |
| Jun 30, 2024 | 1.07 |
| Mar 31, 2024 | 1.00 |
| Dec 31, 2023 | 0.97 |
| Sep 30, 2023 | 0.94 |
| Jun 30, 2023 | 0.95 |
| Mar 31, 2023 | 0.96 |
| Dec 31, 2022 | 0.99 |
| Sep 30, 2022 | 1.02 |
| Jun 30, 2022 | 1.00 |
| Mar 31, 2022 | 0.98 |
| Dec 31, 2021 | 0.96 |
| Sep 30, 2021 | 0.95 |
API Access
Leggett & Platt Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=LEG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "LEG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=LEG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();