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Leggett & PlattLEG +1.12%66 Cash Ratio is 0.68 as of Mar. 2026, which is 100% above its 10-year median of 0.34. GuruFocus rates LEG with a GF Score™ of 66/100 and a GF Value™ of $10.25 (Fairly Valued). The stock has 4 warning signs investors should review. Among 429 Furnishings, Fixtures & Appliances companies, Leggett & Platt ranks better than 59.21% on this metric.
Leggett & Platt has a Cash Ratio of 0.68. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.
The historical rank and industry rank for Leggett & Platt's Cash Ratio or its related term are showing as below:
LEG'
s Cash Ratio Range Over the Past 10 Years
Min: 0.18 Med: 0.34 Max: 0.76
Current: 0.68
During the past 13 years, Leggett & Platt's highest Cash Ratio was 0.76. The lowest was 0.18. And the median was 0.34.
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
Leggett & Platt Cash Ratio Related Terms
Leggett & Platt Cash Ratio Historical Data
* Premium members only.
The historical data trend for Leggett & Platt's Cash Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Furnishings, Fixtures & Appliances subindustry, Leggett & Platt's Cash Ratio, along with its competitors' market caps and Cash Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Leggett & Platt Cash Ratio vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Leggett & Platt's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Leggett & Platt's Cash Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Leggett & Platt (LEG) has a Cash Ratio of 0.68 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Leggett & Platt and its competitors. This is 100% above median its historical median of 0.34. Over the past decade, Leggett & Platt's Cash Ratio has ranged from 0.18 to 0.76. According to the industry distribution chart, Leggett & Platt ranks #175 out of 429 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 40.8%.
Is Leggett & Platt's Cash Ratio too high?
Leggett & Platt's current Cash Ratio of 0.68 is 100% above median its 10-year median of 0.34. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.76. The Furnishings, Fixtures & Appliances industry median Cash Ratio is 0.50. Leggett & Platt's value of 0.68 is 36% above this industry median. Based on the distribution chart, Leggett & Platt ranks #175 out of 429 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Leggett & Platt has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Leggett & Platt's Cash Ratio compare to LZB and MLKN?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Leggett & Platt ranks #175 out of 429 companies for Cash Ratio. This puts Leggett & Platt in the upper half of its industry. The industry median Cash Ratio is 0.50. Leggett & Platt's value of 0.68 is 36% above this benchmark. Historically, Leggett & Platt's own Cash Ratio has ranged from 0.18 to 0.76 over the past decade. While the company's 10-year median is 0.34 vs. the industry median of 0.50, Leggett & Platt has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for a Furnishings, Fixtures & Appliances company?
The median Cash Ratio among Furnishings, Fixtures & Appliances companies is 0.50, based on 429 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Leggett & Platt's current Cash Ratio of 0.68 is 36% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Leggett & Platt and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cash Ratio is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leggett & Platt's current Cash Ratio is 0.68, which is 100% above median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leggett & Platt stock overvalued right now?
Based on GuruFocus' analysis, Leggett & Platt (LEG) is currently considered Fairly Valued. The stock's GF Value™ is $10.25, compared to a current price of $10.82 — trading 5.6% above its estimated fair value. The current Cash Ratio is 0.68, which is 100% above median its 10-year median of 0.34 and 36% above the Furnishings, Fixtures & Appliances industry median of 0.50. Leggett & Platt's overall GF Score™ is 66/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Leggett & Platt (LEG), the current Cash Ratio is 0.68 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Leggett & Platt (LEG) Overvalued in 2026?
Based on GuruFocus' analysis, Leggett & Platt stock appears to be overvalued.
The current stock price of $10.82 is trading 5.6% above its estimated GF Value™ of $10.25.
GuruFocus considers Leggett & Platt to be Fairly Valued.
Key valuation signals for LEG:
Cash Ratio: 0.68 (100% above median its 10-year median of 0.34)
GF Value™: $10.25 vs. price of $10.82 (5.6% above fair value)
Industry Position: 36% above the Furnishings, Fixtures & Appliances median (#175 of 429)
No single metric tells the full story. See the LEG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Leggett & Platt Inc designs and produces engineered components and products found in homes and automobiles. It operates its business through three segments namely Bedding Products, Specialized Products, and Furniture, Flooring, and Textile Products. It generates the maximum of its revenue from Bedding Products. Serving a broad suite of customers around the world, Leggett & Platt's products include bedding components, automotive seat support, and lumbar systems, specialty bedding foam and private label finished mattresses, components for home furniture, and work furniture, flooring underlayment, adjustable beds, and various other products.
66GF Score
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