Leggett & PlattLEG -0.26%67 Return-on-Tangible-Equity is 41.69% as of Mar. 2026, which is 77% below its 10-year median of 178.16. GuruFocus rates LEG with a GF Score™ of 67/100 and a GF Value™ of $10.30 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 420 Furnishings, Fixtures & Appliances companies, Leggett & Platt ranks better than 96.9% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Leggett & Platt's annualized net income for the quarter that ended in Mar. 2026 was $80 Mil. Leggett & Platt's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $192 Mil. Therefore, Leggett & Platt's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 41.69%.
The historical rank and industry rank for Leggett & Platt's Return-on-Tangible-Equity or its related term are showing as below:
LEG'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 175.05 Med: 178.16 Max: 340.66
Current: 260.37
During the past 13 years, Leggett & Platt's highest Return-on-Tangible-Equity was 340.66%. The lowest was 175.05%. And the median was 178.16%.
LEG's Return-on-Tangible-Equity is ranked better than 96.9% of 420
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 4.98
vs LEG: 260.37
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Leggett & Platt Return-on-Tangible-Equity Related Terms
Leggett & Platt Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Leggett & Platt's Return-on-Tangible-Equity 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.
LEG vs LZB, MLKN, MBC: Return-on-Tangible-Equity Comparison
For the Furnishings, Fixtures & Appliances subindustry, Leggett & Platt's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Leggett & Platt's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Leggett & Platt's Return-on-Tangible-Equity 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 Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 41.69% mean?
Leggett & Platt (LEG) has a Return-on-Tangible-Equity of 41.69% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Leggett & Platt and its competitors. This is 77% below median its historical median of 178.16. Over the past decade, Leggett & Platt's Return-on-Tangible-Equity has ranged from 175.05 to 340.66. According to the industry distribution chart, Leggett & Platt ranks #13 out of 420 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 3.1%.
Is Leggett & Platt's Return-on-Tangible-Equity too high?
Leggett & Platt's current Return-on-Tangible-Equity of 41.69% is 77% below median its 10-year median of 178.16. Over the past 10 years, this metric has ranged from a low of 175.05 to a high of 340.66. The Furnishings, Fixtures & Appliances industry median Return-on-Tangible-Equity is 4.98. Leggett & Platt's value of 41.69% is 737.1% above this industry median. Based on the distribution chart, Leggett & Platt ranks #13 out of 420 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Leggett & Platt has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Leggett & Platt's Return-on-Tangible-Equity compare to LZB and MLKN?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Leggett & Platt ranks #13 out of 420 companies for Return-on-Tangible-Equity. This places Leggett & Platt in the top 3% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.98. Leggett & Platt's value of 41.69% is 737.1% above this benchmark. Historically, Leggett & Platt's own Return-on-Tangible-Equity has ranged from 175.05 to 340.66 over the past decade. While the company's 10-year median is 178.16 vs. the industry median of 4.98, 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 Return-on-Tangible-Equity for a Furnishings, Fixtures & Appliances company?
The median Return-on-Tangible-Equity among Furnishings, Fixtures & Appliances companies is 4.98, based on 420 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Leggett & Platt's current Return-on-Tangible-Equity of 41.69% is 737.1% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Leggett & Platt and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Return-on-Tangible-Equity is 4.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leggett & Platt's current Return-on-Tangible-Equity is 41.69%, which is 77% below median its own 10-year median of 178.16. 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 Modestly Overvalued. The stock's GF Value™ is $10.30, compared to a current price of $11.64 — trading 13% above its estimated fair value. The current Return-on-Tangible-Equity is 41.69%, which is 77% below median its 10-year median of 178.16 and 737.1% above the Furnishings, Fixtures & Appliances industry median of 4.98. Leggett & Platt's overall GF Score™ is 67/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Leggett & Platt (LEG), the current Return-on-Tangible-Equity is 41.69% 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 $11.64 is trading 13% above its estimated GF Value™ of $10.30.
GuruFocus considers Leggett & Platt to be Modestly Overvalued.
Key valuation signals for LEG:
Return-on-Tangible-Equity: 41.69% (77% below median its 10-year median of 178.16)
GF Value™: $10.30 vs. price of $11.64 (13% above fair value)
Industry Position: 737.1% above the Furnishings, Fixtures & Appliances median (#13 of 420)
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.
67GF Score
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