LEG (Leggett & Platt) Equity-to-Asset: 0.30 (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LEG Leggett & Platt Inc LEG
69 GF Score
Price $10.27
GF Value $10.23
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Leggett & Platt Equity-to-Asset?

Leggett & Platt LEG -4.38% 69 Equity-to-Asset is 0.30 as of Mar. 2026, which is at its 10-year median of 0.30. GuruFocus rates LEG with a GF Score™ of 69/100 and a GF Value™ of $10.23 (Fairly Valued). The stock has 4 warning signs investors should review. Among 435 Furnishings, Fixtures & Appliances companies, Leggett & Platt ranks worse than 87.13% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Leggett & Platt's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $1,039 Mil. Leggett & Platt's Total Assets for the quarter that ended in Mar. 2026 was $3,519 Mil. Therefore, Leggett & Platt's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.30.

The historical rank and industry rank for Leggett & Platt's Equity-to-Asset or its related term are showing as below:

LEG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.17   Med: 0.3   Max: 0.37
Current: 0.3

During the past 13 years, the highest Equity to Asset Ratio of Leggett & Platt was 0.37. The lowest was 0.17. And the median was 0.30.

LEG's Equity-to-Asset is ranked worse than
87.13% of 435 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.57 vs LEG: 0.30

Leggett & Platt  (NYSE:LEG) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Leggett & Platt Equity-to-Asset Related Terms


Leggett & Platt Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Leggett & Platt's Equity-to-Asset 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.

Leggett & Platt Equity-to-Asset Chart

Leggett & Platt Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.32 0.29 0.19 0.29

Leggett & Platt Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.20 0.23 0.28 0.29 0.30

LEG vs MLKN, LZB, TILE: Equity-to-Asset Comparison

For the Furnishings, Fixtures & Appliances subindustry, Leggett & Platt's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Leggett & Platt's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Leggett & Platt's Equity-to-Asset falls into.


LEG
69GF Score
Leggett & Platt Inc LEG
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Leggett & Platt Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Leggett & Platt's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=1022.1/3536.4
=0.29

Leggett & Platt's Equity to Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Equity to Asset (Q: Mar. 2026 )=Total Stockholders Equity/Total Assets
=1039.2/3519.1
=0.30

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.30 mean?
Leggett & Platt (LEG) has a Equity-to-Asset of 0.30 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Leggett & Platt and its competitors. This is near median its historical median of 0.30. Over the past decade, Leggett & Platt's Equity-to-Asset has ranged from 0.17 to 0.37. According to the industry distribution chart, Leggett & Platt ranks #379 out of 435 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 87.1%.
Is Leggett & Platt's Equity-to-Asset too high?
Leggett & Platt's current Equity-to-Asset of 0.30 is near median its 10-year median of 0.30. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 0.37. The Furnishings, Fixtures & Appliances industry median Equity-to-Asset is 0.57. Leggett & Platt's value of 0.30 is 47.4% below this industry median. Based on the distribution chart, Leggett & Platt ranks #379 out of 435 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Leggett & Platt has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Leggett & Platt's Equity-to-Asset compare to MLKN and LZB?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Leggett & Platt ranks #379 out of 435 companies for Equity-to-Asset. This places Leggett & Platt in the lower half of its industry. The industry median Equity-to-Asset is 0.57. Leggett & Platt's value of 0.30 is 47.4% below this benchmark. Historically, Leggett & Platt's own Equity-to-Asset has ranged from 0.17 to 0.37 over the past decade. While the company's 10-year median is 0.30 vs. the industry median of 0.57, Leggett & Platt has consistently been below 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 Equity-to-Asset for a Furnishings, Fixtures & Appliances company?
The median Equity-to-Asset among Furnishings, Fixtures & Appliances companies is 0.57, based on 435 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Leggett & Platt's current Equity-to-Asset of 0.30 is 47.4% below 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Leggett & Platt and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Equity-to-Asset is 0.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leggett & Platt's current Equity-to-Asset is 0.30, which is near median its own 10-year median of 0.30. 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 $10.23, compared to a current price of $10.27 — trading 0.4% above its estimated fair value. The current Equity-to-Asset is 0.30, which is near median its 10-year median of 0.30 and 47.4% below the Furnishings, Fixtures & Appliances industry median of 0.57. Leggett & Platt's overall GF Score™ is 69/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Leggett & Platt (LEG), the current Equity-to-Asset is 0.30 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 $10.27 is trading 0.4% above its estimated GF Value™ of $10.23. GuruFocus considers Leggett & Platt to be Fairly Valued.

Key valuation signals for LEG:

  • Equity-to-Asset: 0.30 (near median its 10-year median of 0.30)
  • GF Value™: $10.23 vs. price of $10.27 (0.4% above fair value)
  • GF Score™: 69/100 with 4 warning signs
  • Industry Position: 47.4% below the Furnishings, Fixtures & Appliances median (#379 of 435)

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 Business Description

Address No. 1 Leggett Road, Carthage, MO, USA, 64836
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.
69GF Score

Get the complete analysis for LEG

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.27
Price
$10.23
GF Value