Leggett & PlattLEG -1.97%65 Debt-to-EBITDA is 5.52 as of Mar. 2026, which is 77% above its 10-year median of 3.12. GuruFocus rates LEG with a GF Score™ of 65/100 and a GF Value™ of $10.26 (Fairly Valued). The stock has 4 warning signs investors should review. Among 333 Furnishings, Fixtures & Appliances companies, Leggett & Platt ranks worse than 68.17% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Leggett & Platt's Debt-to-EBITDA or its related term are showing as below:
LEG'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -7.13 Med: 3.12 Max: 23.13
Current: 3.55
During the past 13 years, the highest Debt-to-EBITDA Ratio of Leggett & Platt was 23.13. The lowest was -7.13. And the median was 3.12.
LEG's Debt-to-EBITDA is ranked worse than 68.17% of 333
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.84
vs LEG: 3.55
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Leggett & Platt Debt-to-EBITDA Related Terms
Leggett & Platt Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Leggett & Platt's Debt-to-EBITDA 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 Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Leggett & Platt's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Leggett & Platt's Debt-to-EBITDA 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Leggett & Platt (LEG) has a Debt-to-EBITDA of 5.52 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Leggett & Platt. This is 77% above median its historical median of 3.12. According to the industry distribution chart, Leggett & Platt ranks #227 out of 333 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 68.2%.
Is Leggett & Platt's Debt-to-EBITDA too high?
Leggett & Platt's current Debt-to-EBITDA of 5.52 is 77% above median its 10-year median of 3.12. The Furnishings, Fixtures & Appliances industry median Debt-to-EBITDA is 1.84. Leggett & Platt's value of 5.52 is 200% above this industry median. Based on the distribution chart, Leggett & Platt ranks #227 out of 333 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Leggett & Platt has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Leggett & Platt's Debt-to-EBITDA compare to LZB and MLKN?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Leggett & Platt ranks #227 out of 333 companies for Debt-to-EBITDA. This places Leggett & Platt in the lower half of its industry. The industry median Debt-to-EBITDA is 1.84. Leggett & Platt's value of 5.52 is 200% above this benchmark. While the company's 10-year median is 3.12 vs. the industry median of 1.84, 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 Debt-to-EBITDA for a Furnishings, Fixtures & Appliances company?
The median Debt-to-EBITDA among Furnishings, Fixtures & Appliances companies is 1.84, based on 333 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Leggett & Platt's current Debt-to-EBITDA of 5.52 is 200% 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 Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Leggett & Platt. For the Furnishings, Fixtures & Appliances industry, the median Debt-to-EBITDA is 1.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leggett & Platt's current Debt-to-EBITDA is 5.52, which is 77% above median its own 10-year median of 3.12. 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 $10.26, compared to a current price of $10.94 — trading 6.6% above its estimated fair value. The current Debt-to-EBITDA is 5.52, which is 77% above median its 10-year median of 3.12 and 200% above the Furnishings, Fixtures & Appliances industry median of 1.84. Leggett & Platt's overall GF Score™ is 65/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Leggett & Platt (LEG), the current Debt-to-EBITDA is 5.52 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 $10.94 is trading 6.6% above its estimated GF Value™ of $10.26.
GuruFocus considers Leggett & Platt to be Fairly Valued.
Key valuation signals for LEG:
Debt-to-EBITDA: 5.52 (77% above median its 10-year median of 3.12)
GF Value™: $10.26 vs. price of $10.94 (6.6% above fair value)
Industry Position: 200% above the Furnishings, Fixtures & Appliances median (#227 of 333)
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.
65GF Score
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