Leggett & Platt (LEG) Debt Ratio (2009 - 2026)
Leggett & Platt (LEG) reported Debt Ratio of 0.43 for Q1 2026, down 17.58% on a YoY basis from 0.52 in Q1 2025, and up 0.53% quarter-over-quarter from 0.42 in Q4 2025.
Leggett & Platt (LEG) Debt Ratio (2009 - 2026) Analysis & Trends
Leggett & Platt has reported Debt Ratio for 18 years, with the latest figure at 0.43 in Q1 2026.
- For the quarter ending Q1 2026, Debt Ratio fell 17.58% year-over-year to 0.43; the trailing twelve-month figure through Mar 2026 stood at 0.43 (down 17.58% YoY), and the FY2025 full-year result was 0.42, down 16.81% from the prior year.
- Debt Ratio for Q1 2026 stood at 0.43, up from 0.42 in the prior quarter.
- The five-year high for Debt Ratio was 0.52 in Q2 2024, with the low at 0.39 in Q3 2023.
- Historically, Debt Ratio has averaged 0.44 across 5 years, with a median of 0.42 in 2025.
- Annual changes were most pronounced in 2024 — Debt Ratio surged 32.58% — and 2026, when it decreased 17.58%.
- Leggett & Platt's Debt Ratio stood at 0.4 in 2022, then grew by 6.75% to 0.43 in 2023, then grew by 18.71% to 0.51 in 2024, then slipped by 16.81% to 0.42 in 2025, then increased by 0.53% to 0.43 in 2026.
- The last three Debt Ratio figures came in at 0.43 (Q1 2026), 0.42 (Q4 2025), and 0.42 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 18.88 Bn | 18.88 Bn | 694.97 Mn | 0.14 |
| 2 | Somnigroup International | 15.17 Bn | 15.07 Bn | 776.90 Mn | 0.39 |
| 3 | Mohawk Industries | 6.64 Bn | 5.77 Bn | 641.90 Mn | 0.15 |
| 4 | Alliance Laundry Holdings | 5.06 Bn | 4.90 Bn | 157.19 Mn | 0.19 |
| 5 | Whirlpool | 2.56 Bn | 1.92 Bn | 415.00 Mn | 0.38 |
| 6 | Hni | 2.43 Bn | 2.35 Bn | 499.90 Mn | 0.30 |
| 7 | Interface | 1.85 Bn | 1.79 Bn | 126.72 Mn | 0.16 |
| 8 | La-Z-Boy | 1.58 Bn | 1.29 Bn | 233.51 Mn | - |
| 9 | Leggett & Platt | 1.48 Bn | 969.37 Mn | 170.70 Mn | 0.43 |
| 10 | MasterBrand | 1.13 Bn | 994.44 Mn | 156.60 Mn | 0.35 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.43 |
| Dec 31, 2025 | 0.42 |
| Sep 30, 2025 | 0.42 |
| Jun 30, 2025 | 0.48 |
| Mar 31, 2025 | 0.52 |
| Dec 31, 2024 | 0.51 |
| Sep 30, 2024 | 0.50 |
| Jun 30, 2024 | 0.52 |
| Mar 31, 2024 | 0.45 |
| Dec 31, 2023 | 0.43 |
| Sep 30, 2023 | 0.39 |
| Jun 30, 2023 | 0.39 |
| Mar 31, 2023 | 0.40 |
| Dec 31, 2022 | 0.40 |
| Sep 30, 2022 | 0.41 |
| Jun 30, 2022 | 0.40 |
| Mar 31, 2022 | 0.39 |
| Dec 31, 2021 | 0.39 |
| Sep 30, 2021 | 0.39 |
| Jun 30, 2021 | 0.39 |