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Leggett & Platt LEG Impairment Charges

Impairment Charges at other companies

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Lear CorporationLEA
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$0
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Fox Factory Holding Corp.FOXF
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Segments

By segment

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Bedding Products$6M+186%
Specialized Products$3.3M+450%
Furniture, Flooring & Textile Products$1M+11.1%

Other financials

Income statement

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Revenue$999.7M-5.5%
Gross profit$203.2M+5.5%
Net income$47.1M-10.3%
EPS (diluted)$0.33-13.2%

Balance sheet

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Cash & equivalents$545.8M+48.0%
Total debt$1.6B-15.8%
Total equity$1.1B+26.5%
Total assets$3.6B-2.7%

Cash flow

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Operating cash flow-$56.1M-925%
CapEx$20.5M+141%
Free cash flow-$80.4M-1,137%

Valuation

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Market cap$1.31B+11.0%
Enterprise value$2.41B-12.8%
P/E-3.3×
P/S0.3×+0.1×

Profitability

See full
Gross margin18.9%+1.0pp
Net margin5.6%+2.6pp
FCF margin5.2%-0.6pp

Returns & leverage

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Return on equity22.7%+5.8pp
Debt / equity1.5×-0.8×
Current ratio2.3×+0.2×

Where this comes from

Reported directly by Leggett & Platt in its filing.

Tagged under the XBRL concept us-gaap:ImpairmentOfLongLivedAssetsToBeDisposedOf.

The source filing: Leggett & Platt’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 11:22 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000058492-26-000430
(Amounts in millions)Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation49.352.0
Amortization of intangibles and supply agreements7.49.3
Long-lived asset impairment3.01.2
Increase in provision for losses on accounts receivable2.91.8
Write-down of inventories7.18.1
Net gain from disposal of assets and businesses(21.0)(21.4)
Deferred income tax benefit (expense)5.5(1.6)

Item 1. Financial Statements.

FAQ

What is Leggett & Platt's impairment charges?
Leggett & Platt (LEG) reported impairment charges of $200K in Q2 2026.
How has Leggett & Platt's impairment charges changed year-over-year?
Leggett & Platt's impairment charges decreased by 77.8% year-over-year, from $900K to $200K.
What does impairment charges mean?
Non-cash asset impairment charges added back in the operating cash flow reconciliation since they don't represent cash outflows.

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