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Leggett & Platt Issues 2026 Outlook Amid Revenue Decline

Story Highlights
  • Leggett & Platt’s 2025 sales declined, but adjusted earnings and cash flow held steady as divestitures and weak residential demand weighed on volume.
  • The company completed major restructuring, cut leverage, and set cautious 2026 guidance while positioning for growth and future residential market recovery.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Leggett & Platt Issues 2026 Outlook Amid Revenue Decline

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The latest announcement is out from Leggett & Platt ( (LEG) ).

Leggett & Platt reported fourth-quarter 2025 sales of $939 million, down 11% year on year, and full-year 2025 revenue of $4.05 billion, a 7% decline from 2024, reflecting divestitures, softer residential demand, merchandising changes at key bedding customers, and supply chain disruptions in automotive and hydraulic cylinders. Despite lower volume and the loss of earnings from its divested Aerospace business, the company modestly improved fourth-quarter adjusted EPS to $0.22, held full-year adjusted EPS flat at $1.05, increased 2025 operating cash flow to $338 million, substantially completed its 2024 restructuring program with better-than-expected EBIT benefits and lower costs, reduced net debt leverage to 2.4x, and issued 2026 guidance calling for lower sales but a tighter EPS range as it shifts focus toward growth and capital returns once residential markets recover.

The most recent analyst rating on (LEG) stock is a Hold with a $13.00 price target. To see the full list of analyst forecasts on Leggett & Platt stock, see the LEG Stock Forecast page.

Spark’s Take on LEG Stock

According to Spark, TipRanks’ AI Analyst, LEG is a Neutral.

The score is driven primarily by mixed financial performance: solid profitability and improving cash flow are tempered by declining revenue and incomplete balance-sheet visibility. Valuation is a notable positive due to the low P/E, while technicals and the earnings-call outlook are neutral, reflecting modest trend support but continued sales headwinds despite restructuring and debt reduction progress.

To see Spark’s full report on LEG stock, click here.

More about Leggett & Platt

Leggett & Platt is a diversified manufacturer supplying components and products across bedding, specialized products such as automotive and aerospace-related parts, and furniture, flooring and textiles. The company is closely tied to residential end markets and key OEM and retail customers, and has recently reshaped its portfolio through divestitures, including its Aerospace business, while pursuing operational restructuring and deleveraging.

Average Trading Volume: 1,832,454

Technical Sentiment Signal: Hold

Current Market Cap: $1.71B

See more insights into LEG stock on TipRanks’ Stock Analysis page.

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