Leggett & PlattLEG -0.34%67 ROC (Joel Greenblatt) % is 14.89% as of Mar. 2026, which is 57% below its 10-year median of 34.31. GuruFocus rates LEG with a GF Score™ of 67/100 and a GF Value™ of $10.27 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 432 Furnishings, Fixtures & Appliances companies, Leggett & Platt ranks better than 79.86% on this metric.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Leggett & Platt's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 14.89%.
The historical rank and industry rank for Leggett & Platt's ROC (Joel Greenblatt) % or its related term are showing as below:
LEG'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -28.99 Med: 34.31 Max: 61.97
Current: 25.91
During the past 13 years, Leggett & Platt's highest ROC (Joel Greenblatt) % was 61.97%. The lowest was -28.99%. And the median was 34.31%.
LEG's ROC (Joel Greenblatt) % is ranked better than 79.86% of 432
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 9.265
vs LEG: 25.91
Leggett & Platt's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.
Leggett & Platt ROC (Joel Greenblatt) % Related Terms
Leggett & Platt ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Leggett & Platt's ROC (Joel Greenblatt) % 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: ROC (Joel Greenblatt) % Comparison
For the Furnishings, Fixtures & Appliances subindustry, Leggett & Platt's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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 ROC (Joel Greenblatt) % vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Leggett & Platt's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Leggett & Platt's ROC (Joel Greenblatt) % falls into.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:
EBIT stands for Earnings Before Interest and Taxes.
Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.
GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.
Note:
The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.
* 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.
What does a ROC (Joel Greenblatt) % of 14.89% mean?
Leggett & Platt (LEG) has a ROC (Joel Greenblatt) % of 14.89% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Leggett & Platt and its competitors. This is 57% below median its historical median of 34.31. According to the industry distribution chart, Leggett & Platt ranks #87 out of 432 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 20.1%.
Is Leggett & Platt's ROC (Joel Greenblatt) % too high?
Leggett & Platt's current ROC (Joel Greenblatt) % of 14.89% is 57% below median its 10-year median of 34.31. The Furnishings, Fixtures & Appliances industry median ROC (Joel Greenblatt) % is 9.27. Leggett & Platt's value of 14.89% is 60.7% above this industry median. Based on the distribution chart, Leggett & Platt ranks #87 out of 432 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 ROC (Joel Greenblatt) % compare to LZB and MLKN?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Leggett & Platt ranks #87 out of 432 companies for ROC (Joel Greenblatt) %. This places Leggett & Platt in the top 20% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 9.27. Leggett & Platt's value of 14.89% is 60.7% above this benchmark. While the company's 10-year median is 34.31 vs. the industry median of 9.27, 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 ROC (Joel Greenblatt) % for a Furnishings, Fixtures & Appliances company?
The median ROC (Joel Greenblatt) % among Furnishings, Fixtures & Appliances companies is 9.27, based on 432 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Leggett & Platt's current ROC (Joel Greenblatt) % of 14.89% is 60.7% 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 ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Leggett & Platt and its competitors. For the Furnishings, Fixtures & Appliances industry, the median ROC (Joel Greenblatt) % is 9.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leggett & Platt's current ROC (Joel Greenblatt) % is 14.89%, which is 57% below median its own 10-year median of 34.31. 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 $10.27, compared to a current price of $11.67 — trading 13.6% above its estimated fair value. The current ROC (Joel Greenblatt) % is 14.89%, which is 57% below median its 10-year median of 34.31 and 60.7% above the Furnishings, Fixtures & Appliances industry median of 9.27. Leggett & Platt's overall GF Score™ is 67/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Leggett & Platt (LEG), the current ROC (Joel Greenblatt) % is 14.89% 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 $11.67 is trading 13.6% above its estimated GF Value™ of $10.27.
GuruFocus considers Leggett & Platt to be Modestly Overvalued.
Key valuation signals for LEG:
ROC (Joel Greenblatt) %: 14.89% (57% below median its 10-year median of 34.31)
GF Value™: $10.27 vs. price of $11.67 (13.6% above fair value)
Industry Position: 60.7% above the Furnishings, Fixtures & Appliances median (#87 of 432)
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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