Leggett & Platt Future Growth
Future criteria checks 0/6
Leggett & Platt is forecast to grow earnings and revenue by 1.9% and 1.7% per annum respectively while EPS is expected to grow by 0.9% per annum.
Key information
1.9%
Earnings growth rate
0.86%
EPS growth rate
| Consumer Durables earnings growth | 7.7% |
| Revenue growth rate | 1.7% |
| Future return on equity | n/a |
| Analyst coverage | Low |
| Last updated | 07 May 2026 |
Recent future growth updates
Recent updates
Seeking Alpha • 12h
Leggett & Platt: M&A Deal Signed, Low But Offers A 10-15% Premium
Summary Leggett & Platt remains a hold as macroeconomic volatility, persistent inflation, and a weak housing market limit upside potential despite a cheap valuation. Q1 2026 sales declined 10.2% YoY to $918.2M, but disciplined cost management preserved margins and positive profits, with gross margin flat at 18.6%. The Somnigroup M&A deal is signed but not closed; the implied buyout price offers a 10-15% premium over current levels, capping further upside. Technical indicators show selling pressure has neutralized, and with the current price below the offer, holding or opportunistic entry for the premium is justified. Read the full article on Seeking Alpha
Narrative Update • Apr 29
LEG: 2026 Guidance And Reset Discount Rate Will Support Upside
Analysts have adjusted their price target on Leggett & Platt to $12.50, reflecting updated assumptions around discount rates and future P/E multiples, which keep fair value broadly in line with prior estimates. Analyst Commentary Recent commentary around Leggett & Platt centers on how updated assumptions on discount rates and future P/E multiples affect perceived upside from current levels, rather than a wholesale change in the fundamental story.Narrative Update • Apr 13
LEG: Cancelled Deal And 2026 Guidance Will Support Upside Potential
Analysts now see Leggett & Platt’s fair value holding at $12.50, with updated assumptions reflecting a discount rate of 11.75%, revenue growth of 18.76%, profit margin of 4.63%, and a future P/E of 12.76x. What's in the News Somnigroup International cancelled its proposed US$1.6b acquisition of Leggett & Platt on January 21, 2026.Narrative Update • Mar 27
LEG: Cancelled Deal And 2026 Outlook Will Support Attractive Upside Potential
Analysts have reaffirmed a $12.50 price target for Leggett & Platt, citing largely unchanged assumptions for discount rate, revenue growth, profit margin and future P/E, which together indicate a similar risk and return profile as before. What's in the News Somnigroup International cancelled its previously proposed $1.6b stock-for-stock acquisition of Leggett & Platt on January 21, 2026, after an initial offer announced on December 1, 2025, that valued each Leggett & Platt share at $12.00 in Somnigroup stock, subject to multiple approvals and due diligence (Key Developments).Narrative Update • Mar 12
LEG: Cancelled Deal And 2026 Guidance Will Support Attractive Upside Potential
Analysts kept their fair value estimate for Leggett & Platt steady at $12.50 while slightly adjusting the discount rate and future P/E inputs, reflecting fine tuning of their models rather than a change in the overall price target stance. What's in the News Leggett & Platt issued earnings guidance for 2026, with sales expected in the range of $3.8b to $4.0b.Narrative Update • Feb 26
LEG: Cancelled Deal And Updated Guidance Will Shape Steady Fair Value Outlook
Analysts have kept their price target for Leggett & Platt steady at $12.50, citing updated assumptions that now reflect modestly positive revenue growth, a slightly higher discount rate, a small improvement in profit margin, and a similar forward P/E multiple. What's in the News Somnigroup International Inc.Narrative Update • Feb 11
LEG: Cancelled Takeover And Stable Assumptions Will Shape Fairly Valued Outlook
Analysts have maintained their $12.50 price target for Leggett & Platt. Minor adjustments to the discount rate, revenue growth, profit margin, and future P/E assumptions indicate a stable overall view of the company’s valuation.Narrative Update • Jan 27
LEG: Stabilizing Bedding Outlook And Soft Demand Will Guide Fairly Valued Returns
Analysts trimmed their price target on Leggett & Platt to $9 from $10, reflecting continued caution around soft residential demand, even as they see signs of market stabilization and a potentially less steep mattress industry decline in 2025. Analyst Commentary Bullish Takeaways Bullish analysts highlight that Q3 results point to choppy but stabilizing conditions, which they view as a base for more predictable execution, even if growth stays limited for now.Narrative Update • Jan 11
LEG: Stabilizing Bedding Outlook And Soft Residential Demand Will Shape Future Returns
Analysts have trimmed their price targets on Leggett & Platt, with the latest Narrative fair value holding at US$12.50, while Street targets move down by US$1 to US$9.00. This reflects softer residential demand and a more cautious Bedding recovery outlook, even as markets appear to be stabilizing.Narrative Update • Dec 26
LEG: Stabilizing Bedding Demand And Acquisition Proposal Will Drive Future Upside Potential
Analysts have modestly raised their fair value estimate for Leggett & Platt to approximately $12.50 from about $11.00 per share, citing choppy but stabilizing end markets and a slightly improved medium term mattress industry outlook, despite still soft residential demand. Analyst Commentary Bullish analysts view the modest price target adjustments and updated industry assumptions as evidence that fundamentals are beginning to stabilize, even if near term demand remains muted.Narrative Update • Dec 11
LEG: Stabilizing Bedding Demand And Acquisition Proposal Will Shape Future Risk Balance
Analysts modestly cut their price target on Leggett & Platt to $9.00 from $10.00, citing still soft residential demand and only gradual signs of stabilization in bedding markets despite a slightly improved mattress industry outlook for 2025. Analyst Commentary Analysts remain balanced on Leggett & Platt, highlighting a mix of early signs of stabilization and persistent structural challenges that temper near term upside for the shares.Narrative Update • Nov 27
LEG: Market Stabilization And Updated Outlook Will Balance Residential Market Risks
Analysts have lowered their price target for Leggett & Platt, now expecting $9 per share instead of $10. They cite ongoing soft demand in residential end-markets, although there are some signs of market stabilization.Narrative Update • Nov 13
LEG: Market Stabilization Will Support Recovery Despite Ongoing Residential Weakness
Analysts have lowered their price target for Leggett & Platt from $10 to $9 per share, citing continued softness in residential demand and a cautious outlook for Bedding recovery, even though there are some signs of market stabilization. Analyst Commentary Bullish Takeaways Markets are showing early signs of stabilization following recent volatility.Narrative Update • Oct 29
Industry Recovery Hopes Will Be Tested By Ongoing Soft Residential Demand
Analysts have reduced their price target for Leggett & Platt from $10.00 to $9.00, citing continued softness in residential demand and cautious optimism for a gradual industry recovery. Analyst Commentary Analyst reactions to Leggett & Platt’s latest quarterly results highlight a mix of cautious optimism and ongoing concerns regarding the company’s outlook and valuation.Analysis Article • Sep 03
These 4 Measures Indicate That Leggett & Platt (NYSE:LEG) Is Using Debt Extensively
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Aug 08
We Like Leggett & Platt's (NYSE:LEG) Earnings For More Than Just Statutory Profit
NYSE:LEG 1 Year Share Price vs Fair Value Explore Leggett & Platt's Fair Values from the Community and select yours The...Analysis Article • May 11
Leggett & Platt (NYSE:LEG) Is Paying Out A Dividend Of $0.05
The board of Leggett & Platt, Incorporated ( NYSE:LEG ) has announced that it will pay a dividend on the 15th of July...Analysis Article • May 05
Revenues Not Telling The Story For Leggett & Platt, Incorporated (NYSE:LEG) After Shares Rise 33%
Those holding Leggett & Platt, Incorporated ( NYSE:LEG ) shares would be relieved that the share price has rebounded...Analysis Article • May 01
Leggett & Platt, Incorporated Just Beat EPS By 7.3%: Here's What Analysts Think Will Happen Next
Shareholders will be ecstatic, with their stake up 32% over the past week following Leggett & Platt, Incorporated 's...Seeking Alpha • Apr 29
Why I'm Not Jumping Into Leggett & Platt After Q1 Earnings
Summary Leggett & Platt's Q1 earnings showed a positive EPS despite weak sales. But the overall scenario remains complex, requiring cautious optimism. The company's debt is nearly equal to its market cap, emphasizing the need for deleveraging and efficient cash flow management. Valuation remains challenging due to high uncertainty and significant risks, despite potential for attractive returns if the turnaround is successful. I maintain a "hold" rating for LEG stock, given the balanced upside potential and downside risks in the current uncertain environment. Read the full article on Seeking Alpha
New Narrative • Apr 24
Cost Reductions And Product Innovation Will Drive 2025 Transformation
Restructuring and automation efforts are poised to enhance margins and profitability by reducing costs and optimizing processes.Analysis Article • Mar 17
Leggett & Platt, Incorporated's (NYSE:LEG) Shares May Have Run Too Fast Too Soon
With a median price-to-sales (or "P/S") ratio of close to 0.6x in the Consumer Durables industry in the United States...Analysis Article • Feb 27
Is It Too Late To Consider Buying Leggett & Platt, Incorporated (NYSE:LEG)?
Leggett & Platt, Incorporated ( NYSE:LEG ), might not be a large cap stock, but it received a lot of attention from a...Seeking Alpha • Feb 19
Leggett & Platt: Financial Improvements, New Cash Coming, And Quite Cheap
Summary Leggett & Platt appears undervalued, trading at 9.8x GAAP FWD earnings and 6.7x 2029 EPS, making it a potential buy. Significant reorganization efforts, including Hydraulic Cylinders and G&A initiatives, are expected to enhance EBIT margins and free cash flow in 2025. Anticipated cash from real estate sales and potential Aerospace Group sale could improve the balance sheet and stock valuation. Despite economic uncertainties, LEG's strategic changes and financial flexibility position it for long-term growth and stock price appreciation. Read the full article on Seeking AlphaAnalysis Article • Feb 13
These 4 Measures Indicate That Leggett & Platt (NYSE:LEG) Is Using Debt Extensively
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Jan 28
The Returns At Leggett & Platt (NYSE:LEG) Aren't Growing
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Analysis Article • Jan 10
Is There An Opportunity With Leggett & Platt, Incorporated's (NYSE:LEG) 47% Undervaluation?
Key Insights Using the 2 Stage Free Cash Flow to Equity, Leggett & Platt fair value estimate is US$18.66 Leggett...Seeking Alpha • Dec 27
Leggett: A Long-Term Player That's Also Relatively Inexpensive
Summary Leggett & Platt's vertical integration and restructuring plans are expected to enhance operating margins and free cash flow growth, making the stock undervalued at $9-$10. The company’s stock repurchase program at $20 per share indicates confidence in its valuation, suggesting significant upside potential from the current price. Potential sale of the Aerospace segment could inject cash, reduce net debt, and improve overall valuation, further supporting the bullish outlook. Risks include tariffs, supply chain disruptions, and credit rating downgrades, but these are outweighed by strong cash flow and strategic initiatives. Read the full article on Seeking AlphaAnalysis Article • Dec 10
Leggett & Platt, Incorporated's (NYSE:LEG) Share Price Could Signal Some Risk
With a median price-to-sales (or "P/S") ratio of close to 0.8x in the Consumer Durables industry in the United States...Seeking Alpha • Nov 07
Leggett & Platt: A Fair Company At A Wonderful Price
Summary Leggett & Platt, a former Dividend King, was forced to cut their dividend by 89% earlier this year due to headwinds. The company now expects to use freed-up capital to pay down debt and deleverage towards their long-term target of 2.0x. With the dividend reset, LEG is expected to cover the dividend with free cash flow by the end of 2024. Household and credit card debt has continued to rise, emphasizing that the economy is not as strong as it appears to be. Leggett & Platt's free cash flow is expected to grow to $321.50 million by the end of 2026. Read the full article on Seeking AlphaSeeking Alpha • Oct 29
Leggett & Platt: Low Valuation Not Enough To Offset Challenges
Summary Despite Leggett & Platt's positive cash flow and dividends, its 20-year total return is -1.9%, significantly underperforming the S&P 500's +650%. Competition, commoditized products, and macroeconomic headwinds have contributed to the company's stagnation and limited shareholder value generation. Recent Q3 earnings fell short, with lowered 2024 guidance, highlighting ongoing challenges despite restructuring efforts and a low valuation. While restructuring may boost EBIT, sustainable growth and value generation remain uncertain, making Leggett & Platt a less compelling long-term investment. Read the full article on Seeking AlphaAnalysis Article • Oct 23
We Think Leggett & Platt (NYSE:LEG) Is Taking Some Risk With Its Debt
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Seeking Alpha • Oct 21
Leggett & Platt: Not Yet Low Enough
Summary Leggett & Platt has experienced a significant downturn, with key financial metrics like EBIT, EPS, and EBITDA all declining, and sales guidance lowered. The company's restructuring plan includes plant closures, asset sales, and operational efficiencies, but the positive impacts are not yet fully visible. Risks include high debt, cost inflation, and significant exposure to the automotive and industrial sectors, with competitive pressures in the home furnishings market. Despite restructuring efforts, the current valuation and uncertain upside make it challenging to recommend investing in Leggett & Platt stock at this time. Read the full article on Seeking AlphaAnalysis Article • Oct 08
Should You Think About Buying Leggett & Platt, Incorporated (NYSE:LEG) Now?
Leggett & Platt, Incorporated ( NYSE:LEG ), might not be a large cap stock, but it saw a significant share price rise...Analysis Article • Sep 25
Calculating The Intrinsic Value Of Leggett & Platt, Incorporated (NYSE:LEG)
Key Insights Leggett & Platt's estimated fair value is US$12.08 based on 2 Stage Free Cash Flow to Equity Leggett...Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2028 | 4,078 | 189 | N/A | 311 | 2 |
| 12/31/2027 | 3,963 | 166 | N/A | 275 | 4 |
| 12/31/2026 | 3,790 | 151 | N/A | 208 | 1 |
| 3/31/2026 | 3,951 | 225 | 207 | 275 | N/A |
| 12/31/2025 | 4,055 | 235 | 281 | 338 | N/A |
| 9/30/2025 | 4,173 | 224 | 280 | 339 | N/A |
| 6/30/2025 | 4,238 | 142 | 247 | 309 | N/A |
| 3/31/2025 | 4,309 | -512 | 250 | 319 | N/A |
| 12/31/2024 | 4,384 | -511 | 224 | 306 | N/A |
| 9/30/2024 | 4,442 | -823 | 246 | 330 | N/A |
| 6/30/2024 | 4,516 | -815 | 291 | 378 | N/A |
| 3/31/2024 | 4,609 | -159 | 292 | 394 | N/A |
| 12/31/2023 | 4,725 | -137 | 383 | 497 | N/A |
| 9/30/2023 | 4,806 | 213 | 473 | 598 | N/A |
| 6/30/2023 | 4,925 | 232 | 392 | 520 | N/A |
| 3/31/2023 | 5,038 | 273 | 380 | 499 | N/A |
| 12/31/2022 | 5,147 | 310 | 341 | 441 | N/A |
| 9/30/2022 | 5,284 | 363 | 289 | 385 | N/A |
| 6/30/2022 | 5,309 | 388 | 271 | 370 | N/A |
| 3/31/2022 | 5,244 | 405 | 220 | 321 | N/A |
| 12/31/2021 | 5,073 | 402 | 165 | 271 | N/A |
| 9/30/2021 | 4,922 | 405 | 210 | 299 | N/A |
| 6/30/2021 | 4,810 | 415 | 438 | 510 | N/A |
| 3/31/2021 | 4,386 | 296 | 516 | 582 | N/A |
| 12/31/2020 | 4,280 | 253 | 536 | 603 | N/A |
| 9/30/2020 | 4,243 | 232 | 543 | 635 | N/A |
| 6/30/2020 | 4,275 | 224 | 471 | 587 | N/A |
| 3/31/2020 | 4,643 | 317 | 512 | 647 | N/A |
| 12/31/2019 | 4,753 | 314 | N/A | 668 | N/A |
| 9/30/2019 | 4,654 | 300 | N/A | 606 | N/A |
| 6/30/2019 | 4,507 | 290 | N/A | 519 | N/A |
| 3/31/2019 | 4,396 | 289 | N/A | 428 | N/A |
| 12/31/2018 | 4,270 | 306 | N/A | 440 | N/A |
| 9/30/2018 | 4,207 | 289 | N/A | 433 | N/A |
| 6/30/2018 | 4,126 | 283 | N/A | 412 | N/A |
| 3/31/2018 | 4,012 | 285 | N/A | 430 | N/A |
| 12/31/2017 | 3,944 | 294 | N/A | 444 | N/A |
| 9/30/2017 | 3,863 | 340 | N/A | 428 | N/A |
| 6/30/2017 | 3,802 | 350 | N/A | 447 | N/A |
| 3/31/2017 | 3,772 | 363 | N/A | 499 | N/A |
| 12/31/2016 | 3,750 | 367 | N/A | 553 | N/A |
| 9/30/2016 | 3,791 | 364 | N/A | 488 | N/A |
| 6/30/2016 | 3,851 | 366 | N/A | 494 | N/A |
| 3/31/2016 | 3,889 | 341 | N/A | 438 | N/A |
| 12/31/2015 | 3,917 | 324 | N/A | 359 | N/A |
| 9/30/2015 | 3,926 | 289 | N/A | 423 | N/A |
| 6/30/2015 | 3,914 | 246 | N/A | 425 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LEG's forecast earnings growth (1.9% per year) is below the savings rate (3.5%).
Earnings vs Market: LEG's earnings (1.9% per year) are forecast to grow slower than the US market (16.4% per year).
High Growth Earnings: LEG's earnings are forecast to grow, but not significantly.
Revenue vs Market: LEG's revenue (1.7% per year) is forecast to grow slower than the US market (11.4% per year).
High Growth Revenue: LEG's revenue (1.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if LEG's Return on Equity is forecast to be high in 3 years time
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/07 12:37 |
| End of Day Share Price | 2026/05/07 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Leggett & Platt, Incorporated is covered by 10 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Daniel Moore | CJS Securities, Inc. |
| Susan Maklari | Goldman Sachs |
| Michael Smith | Kansas City Capital Associates |