Leggett & Platt (LEG) Tax Rate (2009 - 2026)
Leggett & Platt (LEG) recorded Tax Rate of 31.14% in Q2 2026, up 4.36 percentage points from 26.78% a year earlier but down 6.16 percentage points from the prior quarter.
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Analysis
Leggett & Platt (LEG) Tax Rate (2009 - 2026) Analysis & Trends
On a TTM basis, Leggett & Platt's Tax Rate came in at 19.69% as of Jun 30, 2026, down 9.03 percentage points year-over-year; for FY2025, it came in at 18.74%, up 19.18 percentage points from FY2024.
- Annual Tax Rate has a five-year change of -4.07 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at -0.43% in FY2024 (-21.54 pp), 21.11% in FY2023 (-2.11 pp), 23.22% in FY2022 (+0.33 pp) and 22.89% in FY2021 (+0.08 pp).
- Quarterly Tax Rate has ranged from -35.68% in Q4 2025 to 43.20% in Q4 2024 over the past five years.
- On a year-over-year basis, Tax Rate rose in five of the last eight quarters, with an average year-over-year change of -3.57 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 21.70 percentage points in Q2 2025, against a drop of 78.88 percentage points in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 37.30% (Q1 2026), -35.68% (Q4 2025) and 17.62% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 23.15% |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 25.30% |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 28.06% |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 18.51% |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 19.71% |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 21.62% |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 16.34% |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 24.54% |
| 10 | Leggett & Platt | 1.26 Bn | -847.28 Mn | 203.20 Mn | 31.14% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.14% |
| Mar 31, 2026 | 37.30% |
| Sep 30, 2025 | 17.62% |
| Jun 30, 2025 | 26.78% |
| Mar 31, 2025 | 32.15% |
| Dec 31, 2024 | 43.20% |
| Sep 30, 2024 | 22.18% |
| Mar 31, 2024 | 25.47% |
| Sep 30, 2023 | 25.39% |
| Jun 30, 2023 | 26.46% |
| Mar 31, 2023 | 21.67% |
| Dec 31, 2022 | 23.48% |
| Sep 30, 2022 | 23.53% |
| Jun 30, 2022 | 22.60% |
| Mar 31, 2022 | 23.45% |
| Dec 31, 2021 | 21.08% |
| Sep 30, 2021 | 22.73% |
| Jun 30, 2021 | 26.70% |
| Mar 31, 2021 | 19.95% |
| Dec 31, 2020 | 22.31% |
API Access
Leggett & Platt Tax Rate 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=tax-rate&ticker=LEG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=LEG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();