What is Leggett & Platt's china — tax settlements?

Leggett & Platt (LEG) reported china — tax settlements of $24M in Q1 2026.

What does china — tax settlements mean?

Represents the total cash outflows or accounting adjustments resulting from the final resolution of tax disputes or audits within the China geographic segment. This metric helps investors assess the financial impact of historical tax compliance issues and the potential for future regulatory risk in this specific market.

Leggett & Platt LEG China — Tax settlements

Similar metrics at other companies

VRTXUnrecognized tax benefits, settlements

$1.58M-56.6%

JAGUIncome Tax Reconciliation Tax Settlements Foreign

-$11.66K+82.3%

MLKNTax settlements, foreign

$725K+164%

ALLEUnrecognized tax benefits, settlements

$50K-80.0%

CDNSUnrecognized tax benefits, settlements

$1.65M—

TTMICN — Income Tax Reconciliation Tax Settlements Foreign

-$805.25K—

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$1.59B+26.1%

Enterprise value$2.73B-4.2%

P/E7.1×-2.8×

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×

Current ratio2.3×+0.1×

Where this comes from

Reported directly by Leggett & Platt in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxReconciliationTaxSettlements.

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

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What is Leggett & Platt's china — tax settlements?: Leggett & Platt (LEG) reported china — tax settlements of $24M in Q1 2026.
What does china — tax settlements mean?: Represents the total cash outflows or accounting adjustments resulting from the final resolution of tax disputes or audits within the China geographic segment. This metric helps investors assess the financial impact of historical tax compliance issues and the potential for future regulatory risk in this specific market.