Leggett & Platt (LEG) Gross Margin (2009 - 2026)
Leggett & Platt (LEG) reported Gross Margin of 18.59% for Q1 2026, little changed on a YoY basis from 18.59% in Q1 2025, and up 3.99% quarter-over-quarter from 17.88% in Q4 2025.
Leggett & Platt (LEG) Gross Margin (2009 - 2026) Analysis & Trends
Leggett & Platt has reported Gross Margin for 18 years, with the latest figure at 18.59% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin changed 0.0% year-over-year to 18.59%; the trailing twelve-month figure through Mar 2026 stood at 18.34% (up 87.0% YoY), and the FY2025 full-year result was 18.35%, up 126.0% from the prior year.
- Gross Margin for Q1 2026 stood at 18.59%, up from 17.88% in the prior quarter.
- The five-year high for Gross Margin was 20.21% in Q1 2022, with the low at 16.52% in Q2 2024.
- Historically, Gross Margin has averaged 18.14% across 5 years, with a median of 18.11% in 2023.
- Annual changes were most pronounced in 2022 — Gross Margin sank 230 bps — and 2025, when it soared 168 bps.
- Leggett & Platt's Gross Margin stood at 17.61% in 2022, then climbed by 2 bps to 17.92% in 2023, then dropped by 7 bps to 16.62% in 2024, then advanced by 8 bps to 17.88% in 2025, then advanced by 4 bps to 18.59% in 2026.
- The last three Gross Margin figures came in at 18.59% (Q1 2026), 17.88% (Q4 2025), and 18.69% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 18.88 Bn | 18.88 Bn | 694.97 Mn | 49.19% |
| 2 | Somnigroup International | 15.17 Bn | 15.07 Bn | 776.90 Mn | 43.13% |
| 3 | Mohawk Industries | 6.64 Bn | 5.77 Bn | 641.90 Mn | 23.52% |
| 4 | Alliance Laundry Holdings | 5.06 Bn | 4.90 Bn | 157.19 Mn | 36.82% |
| 5 | Whirlpool | 2.56 Bn | 1.92 Bn | 415.00 Mn | 12.68% |
| 6 | Hni | 2.43 Bn | 2.35 Bn | 499.90 Mn | 37.10% |
| 7 | Interface | 1.85 Bn | 1.79 Bn | 126.72 Mn | 38.28% |
| 8 | La-Z-Boy | 1.58 Bn | 1.29 Bn | 233.51 Mn | 43.12% |
| 9 | Leggett & Platt | 1.48 Bn | 969.37 Mn | 170.70 Mn | 18.59% |
| 10 | MasterBrand | 1.13 Bn | 994.44 Mn | 156.60 Mn | 25.34% |
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% |