Leggett & Platt (LEG) Gross Margin (2009 - 2026)
Leggett & Platt (LEG) reported Gross Margin of 20.33% for Q2 2026, up 2.12 percentage points from 18.20% a year earlier and up 1.74 percentage points from the prior quarter.
Leggett & Platt (LEG) Gross Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Leggett & Platt's Gross Margin came in at 18.89%, up 0.99 percentage points year-over-year; for FY2025, it was 18.35%, up 1.26 percentage points from FY2024.
- Gross Margin has a five-year change of -2.77 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 17.09% in FY2024 (-0.98 pp), 18.07% in FY2023 (-0.91 pp), 18.98% in FY2022 (-1.49 pp) and 20.47% in FY2021 (-0.65 pp).
- The Q2 2026 figure ranks as the highest quarterly Gross Margin since Q2 2021.
- Year over year, Gross Margin gained in five of the last eight quarters, with an average year-over-year change of +0.73 percentage points.
- The high point for year-over-year Gross Margin in five years was Q2 2026 (a gain of 2.12 percentage points); the low point was Q3 2021 (a drop of 2.92 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 18.59% (Q1 2026), 17.88% (Q4 2025) and 18.69% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 37.78% |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 40.51% |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 36.94% |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 33.47% |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 39.04% |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 37.71% |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 54.48% |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 41.28% |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 44.13% |
| 10 | Leggett & Platt | 1.26 Bn | -847.28 Mn | 203.20 Mn | 20.33% |
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% |
Leggett & Platt Gross Margin 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=gross-margin&ticker=LEG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=LEG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();