Leggett & Platt (LEG) Gross Margin (2009 - 2026)
Leggett & Platt (LEG) posted Gross Margin of 18.59% for Q1 2026, up 3.99% on a QoQ basis from 17.88% in Q4 2025, and little changed year-over-year from 18.59% in Q1 2025.
Leggett & Platt (LEG) Gross Margin (2009 - 2026) Analysis & Trends
Leggett & Platt's Gross Margin history runs 18 years deep, the most recent figure standing at 18.59% for Q1 2026.
- Quarterly Gross Margin changed 0.0% year-over-year to 18.59% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 18.34% (up 87.0% YoY) and the FY2025 annual result came in at 18.35%, up 126.0% from the prior year.
- Gross Margin was 18.59% for Q1 2026 at Leggett & Platt, up from 17.88% in the prior quarter.
- Across five years, Gross Margin topped out at 20.21% in Q1 2022 and bottomed at 16.52% in Q2 2024.
- A 5-year average of 18.14% and a median of 18.11% in 2023 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin plunged 230 bps — and 2025, when it soared 168 bps.
- Leggett & Platt's 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 grew by 4 bps to 18.59% in 2026.
- Business Quant data shows LEG's Gross Margin at 18.59% in Q1 2026, 17.88% in Q4 2025, and 18.69% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 20.70 Bn | 20.19 Bn | 694.97 Mn | 49.19% |
| 2 | Somnigroup International | 14.48 Bn | 14.38 Bn | 776.90 Mn | 43.13% |
| 3 | Mohawk Industries | 6.76 Bn | 5.89 Bn | 641.90 Mn | 23.52% |
| 4 | Alliance Laundry Holdings | 4.98 Bn | 4.85 Bn | 157.19 Mn | 36.82% |
| 5 | Hni | 2.92 Bn | 2.84 Bn | 499.90 Mn | 37.10% |
| 6 | Whirlpool | 2.13 Bn | 1.49 Bn | 415.00 Mn | 12.68% |
| 7 | Interface | 1.90 Bn | 1.83 Bn | 126.72 Mn | 38.28% |
| 8 | La-Z-Boy | 1.57 Bn | 1.28 Bn | 262.76 Mn | 46.07% |
| 9 | Millerknoll | 1.46 Bn | 1.36 Bn | 395.60 Mn | 39.39% |
| 10 | Leggett & Platt | 1.45 Bn | 936.18 Mn | 170.70 Mn | 18.59% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 21.21% |