Leggett & Platt (LEG) Gross Margin (2009 - 2026)
Leggett & Platt's (LEG) quarterly Gross Margin came in at 20.33% in Q2 2026, up 212.0% on a YoY basis from 6.51% in Q2 2025, and up 9.33% quarter-over-quarter from 18.59% in Q1 2026.
Analysis
Leggett & Platt (LEG) Gross Margin (2009 - 2026) Analysis & Trends
Leggett & Platt (LEG) has reported Gross Margin for 18 consecutive years, with 20.33% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin rose 212.0% year-over-year to 20.33%; the trailing twelve-month figure through Jun 2026 stood at 18.89% (up 99.0% YoY), and the FY2025 full-year result was 18.35%, up 126.0% from the prior year.
- Gross Margin rose to 20.33% in Q2 2026 per LEG's latest filing, from 18.59% in the prior quarter.
- Across five years, Gross Margin topped out at 20.33% in Q2 2026 and bottomed at 16.52% in Q2 2024.
- Historically, Gross Margin has averaged 18.26% across 5 years, with a median of 18.15% in 2023.
- The sharpest annual moves came in 2022 and 2026: Gross Margin slumped 230 bps in 2022, then surged 212 bps in 2026.
- Over 5 years, Gross Margin stood at 17.61% in 2022, then increased by 2 bps to 17.92% in 2023, then fell by 7 bps to 16.62% in 2024, then grew by 8 bps to 17.88% in 2025, then rose by 14 bps to 20.33% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 20.33%, 18.59%, and 17.88% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tenaris | 29.94 Bn | 20.91 Bn | 984.66 Mn | 33.19% |
| 2 | Mueller Industries | 13.06 Bn | 11.65 Bn | 395.35 Mn | 27.69% |
| 3 | Arcosa | 7.13 Bn | 6.70 Bn | 155.70 Mn | 23.64% |
| 4 | Azz | 4.08 Bn | 4.07 Bn | 112.17 Mn | 25.01% |
| 5 | Constellium Se | 3.53 Bn | 3.36 Bn | 480.00 Mn | 17.47% |
| 6 | Lci Industries | 2.26 Bn | 2.05 Bn | 301.14 Mn | 31.09% |
| 7 | Worthington Steel | 1.68 Bn | 1.60 Bn | 118.80 Mn | 12.79% |
| 8 | Leggett & Platt | 1.26 Bn | 711.32 Mn | 203.20 Mn | 20.33% |
| 9 | Park Ohio Holdings | 636.20 Mn | 587.90 Mn | 78.90 Mn | 17.93% |
| 10 | Insteel Industries | 591.92 Mn | 568.98 Mn | 20.10 Mn | 10.17% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.33% |
| Mar 31, 2026 | 18.59% |
| Dec 31, 2025 | 17.88% |
| Sep 30, 2025 | 18.69% |
| Jun 30, 2025 | 18.20% |
| Mar 31, 2025 | 18.59% |
| Dec 31, 2024 | 16.62% |
| Sep 30, 2024 | 18.21% |
| Jun 30, 2024 | 16.52% |
| Mar 31, 2024 | 16.99% |
| Dec 31, 2023 | 17.92% |
| Sep 30, 2023 | 18.23% |
| Jun 30, 2023 | 18.11% |
| Mar 31, 2023 | 18.01% |
| Dec 31, 2022 | 17.61% |
| Sep 30, 2022 | 17.81% |
| Jun 30, 2022 | 20.12% |
| Mar 31, 2022 | 20.21% |
| Dec 31, 2021 | 19.91% |
| Sep 30, 2021 | 19.41% |