LEG (Leggett & Platt) Intangible Assets: $835 Mil (As of Mar. 2026)

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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.
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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
66 GF Score
Price $10.82
GF Value $10.25
Valuation Fairly Valued
! 4 Warning Signs
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What is Leggett & Platt Intangible Assets?

Leggett & Platt LEG +1.12% 66 Intangible Assets is $835 Mil as of Mar. 2026. 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.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Leggett & Platt's intangible assets for the quarter that ended in Mar. 2026 was $835 Mil.

Leggett & Platt  (NYSE:LEG) Intangible Assets Explanation

If a company (company A) received a patent through their own work, though it has value, it does not show up on its balance sheet as an intangible asset. However, if company A sells this patent to company B, it will show up on company B's balance sheet as an intangible asset.

The same applies to brand names, trade secrets etc. For instance, Coca-Cola's brand is extremely valuable, but the brand does not appear on its balance sheet, because the brand was never acquired.

Some intangibles are amortized. Amortization is the depreciation of intangible assets.

Many intangibles are not amortized. They may still be written down when the company decides the asset is impaired.

Whenever you see an increase in goodwill over a number of years, you can assume it's because the company is out buying other businesses above book value. GOOD if buying businesses with durable competitive advantage.

If goodwill stays the same, the company when acquiring other companies is either paying less than book value or not acquiring. Businesses with moats never sell for less than book value.

Intangibles acquired are on balance sheet at fair value.

Internally developed brand names (Coke, Wrigleys, Band-Aid) however are not reflected on the balance sheet.

One of the reasons competitive advantage power can remain hidden for so long.

Be Aware

Companies may change the way intangible assets are amortized, and this will affect their reported earnings.

Leggett & Platt Intangible Assets Related Terms

Leggett & Platt Intangible Assets Historical Data

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The historical data trend for Leggett & Platt's Intangible Assets 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 Intangible Assets Chart

Leggett & Platt Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,157.40 2,149.80 1,657.30 934.80 842.70

Leggett & Platt Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Intangible Assets 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 833.30 849.00 843.40 842.70 834.80
LEG
66GF Score
Leggett & Platt Inc LEG
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Leggett & Platt Intangible Assets Calculation

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Examples of intangible assets include trade secrets, copyrights, patents, trademarks. If a company acquires assets at the prices above the book value, it may carry goodwill on its balance sheet. Goodwill reflects the difference between the price the company paid and the book value of the assets.

Frequently Asked Questions Learn more about Intangible Assets →
What does a Intangible Assets of $835 Mil mean?
Leggett & Platt (LEG) has a Intangible Assets of $835 Mil as of Mar. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on Leggett & Platt and its competitors.
Is Leggett & Platt's Intangible Assets too high?
Leggett & Platt's current Intangible Assets is $835 Mil. 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 Intangible Assets compare to LZB and MLKN?
Leggett & Platt's Intangible Assets of $835 Mil can be compared against companies in the Furnishings, Fixtures & Appliances industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intangible Assets for a Furnishings, Fixtures & Appliances company?
A good Intangible Assets depends on the Furnishings, Fixtures & Appliances industry context. However, Intangible Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intangible Assets mean?
A high Intangible Assets can signal that a stock is expensive relative to its fundamentals. Intangible assets include patents, goodwill and trade secrets. View historical data on Leggett & Platt and its competitors. Leggett & Platt's current Intangible Assets is $835 Mil. 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 Intangible Assets is $835 Mil. 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 Intangible Assets calculated?
Intangible Assets is calculated from a company's financial statements. For Leggett & Platt (LEG), the current Intangible Assets is $835 Mil 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:

  • Intangible Assets: $835 Mil
  • GF Value™: $10.25 vs. price of $10.82 (5.6% above fair value)
  • GF Score™: 66/100 with 4 warning signs

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.
66GF Score

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

$10.82
Price
$10.25
GF Value