What is Leggett & Platt's current ratio?

Leggett & Platt (LEG) reported current ratio of 2.3× in Q1 2026.

How has Leggett & Platt's current ratio changed year-over-year?

Leggett & Platt's current ratio increased by 6.0% year-over-year, from 2.2× to 2.3×.

What is the long-term trend for Leggett & Platt's current ratio?

Over 5 years (2020 to 2025), Leggett & Platt's current ratio has grown at a 6.4% compound annual growth rate (CAGR), from 1.6× to 2.2×.

What does current ratio mean?

Current assets divided by current liabilities at the quarter end. Measures the company's ability to cover near-term obligations with near-term assets.

Leggett & Platt LEG Current ratio

Current ratio at other companies

Lear CorporationLEA

1.3×0.0×

Tempur Sealy InternationalSGI

0.8×-0.1×

AdientADNT

1.1×0.0×

LCI IndustriesLCII

2.9×-0.1×

Patrick IndustriesPATK

2.7×+0.3×

GenthermTHRM

2×-0.2×

Other financials

Income statement

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Revenue$918.2M-10.2%

Gross profit$170.7M-10.2%

Net income$20.0M-34.6%

EPS (diluted)$0.14-36.4%

Balance sheet

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Cash & equivalents$510.5M+23.7%

Total debt$1.6B-21.8%

Total equity$1.0B+39.2%

Total assets$3.5B-6.1%

Cash flow

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Operating cash flow-$56.1M-925%

CapEx$24.3M+82.7%

Free cash flow-$80.4M-1,137%

Valuation

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Market cap$1.56B+25.8%

Enterprise value$2.7B-10.2%

P/E6.9×—

P/S0.4×+0.1×

Profitability

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Gross margin18.3%+0.9pp

Net margin5.7%+3.4pp

FCF margin5.2%-0.6pp

Returns & leverage

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Return on equity25.2%+15.0pp

Debt / equity1.6×-1.2×

Where this comes from

Calculated from Leggett & Platt’s reported figures.

total current assets/total current liabilities=2.3×

Based on the most recent quarter.

The official record: Leggett & Platt’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Leggett & Platt's current ratio?: Leggett & Platt (LEG) reported current ratio of 2.3× in Q1 2026.
How has Leggett & Platt's current ratio changed year-over-year?: Leggett & Platt's current ratio increased by 6.0% year-over-year, from 2.2× to 2.3×.
What is the long-term trend for Leggett & Platt's current ratio?: Over 5 years (2020 to 2025), Leggett & Platt's current ratio has grown at a 6.4% compound annual growth rate (CAGR), from 1.6× to 2.2×.
What does current ratio mean?: Current assets divided by current liabilities at the quarter end. Measures the company's ability to cover near-term obligations with near-term assets.