What is Leggett & Platt's net debt?

Leggett & Platt (LEG) reported net debt of $1.14B in Q1 2026.

How has Leggett & Platt's net debt changed year-over-year?

Leggett & Platt's net debt decreased by 32.9% year-over-year, from $1.7B to $1.14B.

What is the long-term trend for Leggett & Platt's net debt?

Over 5 years (2020 to 2025), Leggett & Platt's net debt has grown at a -8.5% compound annual growth rate (CAGR), from $1.67B to $1.07B.

What does net debt mean?

Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.

Leggett & Platt LEG Net debt

Discontinued — last reported Q1 '26

Net debt at other companies

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1.1×-0.3×

Travel + LeisureTNL

6×+1.6×

UnifirstUNF

-0.2×-0.1×

HES

Hess MidstreamHESM

3.1×-0.1×

TDA

USA TODAY Co., Inc.TDAY

8.8×+4.2×

Resolute Holdings Management RHLD

11.8×+10.5×

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow-$56.1M-925%

CapEx$24.3M+82.7%

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

Valuation

See full

Market cap$1.56B+27.4%

Enterprise value$2.7B-7.4%

P/E6.9×—

P/S0.4×+0.1×

Profitability

See full

Gross margin18.3%+0.9pp

Net margin5.7%+3.4pp

FCF margin5.2%-0.6pp

Returns & leverage

See full

Return on equity25.2%+15.0pp

Debt / equity1.6×-1.2×

Current ratio2.3×+0.1×

Where this comes from

Calculated from Leggett & Platt’s reported figures.

$1.6Btotal debt−$510.5Mcash and equivalents=$1.14B

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 net debt?: Leggett & Platt (LEG) reported net debt of $1.14B in Q1 2026.
How has Leggett & Platt's net debt changed year-over-year?: Leggett & Platt's net debt decreased by 32.9% year-over-year, from $1.7B to $1.14B.
What is the long-term trend for Leggett & Platt's net debt?: Over 5 years (2020 to 2025), Leggett & Platt's net debt has grown at a -8.5% compound annual growth rate (CAGR), from $1.67B to $1.07B.
What does net debt mean?: Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.