How has Leggett & Platt performed over the past 5 years?
-6.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LEG has high quality earnings.
Growing Profit Margin: LEG's current net profit margins (5.8%) are lower than last year (7%).
Past Earnings Growth Analysis
Earnings Trend: LEG's earnings have declined by 6.8% per year over the past 5 years.
Accelerating Growth: LEG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: LEG had negative earnings growth (-25.8%) over the past year, making it difficult to compare to the Consumer Durables industry average (32.8%).
Return on Equity
High ROE: LEG's Return on Equity (17.8%) is considered low.
How experienced are the management team and are they aligned to shareholders interests?
1.8yrs
Average management tenure
CEO
Karl Glassman (62 yo)
5.17yrs
Tenure
US$10,193,912
Compensation
Mr. Karl G. Glassman has been the Chief Executive Officer of Leggett & Platt, Incorporated since January 1, 2016, and its Chairman since January 1, 2020. Mr. Glassman served as President of Leggett & Platt...
CEO Compensation Analysis
Compensation vs Market: Karl's total compensation ($USD10.19M) is above average for companies of similar size in the US market ($USD6.21M).
Compensation vs Earnings: Karl's compensation has been consistent with company performance over the past year.
Leadership Team
Name
Position
Tenure
Compensation
Ownership
Karl Glassman
Chairman & CEO
5.17yrs
US$10.19m
0.52% $ 30.5m
J. Dolloff
President
1.17yrs
US$3.85m
0.14% $ 8.3m
Jeffrey Tate
Executive VP & CFO
1.5yrs
US$2.29m
0.028% $ 1.6m
Scott Douglas
Senior VP
11.17yrs
US$1.79m
0.036% $ 2.1m
Tammy Trent
Senior VP & Chief Accounting Officer
5.83yrs
no data
0.023% $ 1.4m
Susan McCoy
Senior Vice President of Investor Relations
2.08yrs
no data
0.019% $ 1.1m
Charles Hutchins
VP & Chief Tax Officer
1.25yrs
no data
no data
Steven Henderson
EVP and President of Specialized Products Segment
4.17yrs
no data
0.034% $ 2.0m
Darrel Wild
VP & Chief Credit Officer
1.25yrs
no data
no data
Benjamin Burns
VP of Business Support Services & Treasurer
1.25yrs
no data
no data
Andrew Bender
Corporate VP & Treasurer
no data
no data
no data
Wendy Watson
Director of Investor Relations
no data
no data
no data
1.8yrs
Average Tenure
55yo
Average Age
Experienced Management: LEG's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
Name
Position
Tenure
Compensation
Ownership
Karl Glassman
Chairman & CEO
5.17yrs
US$10.19m
0.52% $ 30.5m
J. Dolloff
President
1.17yrs
US$3.85m
0.14% $ 8.3m
Judy Odom
Lead Independent Director
1.17yrs
US$321.24k
0.049% $ 2.9m
Manuel Fernandez
Independent Director
7.17yrs
US$307.00k
0.031% $ 1.8m
Joseph McClanathan
Independent Director
16.17yrs
US$269.52k
0.025% $ 1.4m
Phoebe Wood
Independent Director
15.33yrs
US$352.12k
0.037% $ 2.2m
Mark Blinn
Independent Director
1.83yrs
US$203.06k
0.0053% $ 313.3k
Mary Elizabeth Campbell
Independent Director
1.33yrs
US$100.00k
0.0052% $ 305.7k
Robert Brunner
Independent Director
11.83yrs
US$329.76k
0.017% $ 1.0m
Jai Shah
Independent Director
1.83yrs
US$202.06k
0.0076% $ 448.5k
Srikanth Padmanabhan
Independent Director
2.58yrs
US$249.82k
0.0071% $ 416.2k
1.8yrs
Average Tenure
62yo
Average Age
Experienced Board: LEG's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: LEG insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Leggett & Platt, Incorporated's company bio, employee growth, exchange listings and data sources
Leggett & Platt, Incorporated designs, manufactures, and markets engineered components and products worldwide. It operates through three segments: Bedding Products; Specialized Products; and Furniture, Flo...
Company Analysis and Financial Data Status
All financial data provided by Standard & Poor's Capital IQ.
Data
Last Updated (UTC time)
Company Analysis
2021/03/05 00:21
End of Day Share Price
2021/03/04 00:00
Earnings
2020/12/31
Annual Earnings
2020/12/31
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.