LEGGETT & PLATT INC
leggett.comNo Longer Reporting
The company has not filed an annual or quarterly report since its Q2 FY2026 10-Q, filed Aug 6, 2026. Its latest SEC filing is a 15-12G from Sep 8, 2026.
10-Q for Q2 FY2026, filed Aug 6, 2026
The sections below describe the company as of the FY2025 annual report.
What Did They Do?
Sells bedding products to bedding businesses, automotive seating and motion systems to vehicle makers, and hydraulic cylinders to material-handling and construction-equipment manufacturers.
10-K for FY2025, filed Feb 26, 2026Our Bedding Products segment has its roots in the Company's founding in 1883 with the manufacture of steel coil bedsprings. Today, we…View ↗
Our Specialized Products segment designs, manufactures, and sells products including automotive comfort and in-car motion systems and…View ↗
Automobile Tier 1 suppliers and OEMsView ↗
Mobile equipment OEMs, primarily serving material handling and heavy construction marketsView ↗
How Did They Make Money?
Customers buy bedding, automotive, furniture and flooring products; the company is generally paid under customers’ payment terms after products ship or arrive at their facilities.
10-K for FY2025, filed Feb 26, 2026REVENUE RECOGNITION: We recognize revenue when performance obligations, under the terms of a contract with our customers, are satisfied.…View ↗
We expect that at contract inception, the time period between when we transfer a promised good to our customer and our receipt of payment…View ↗
Bedding Products: This segment supplies a variety of components used by bedding manufacturers in the production and assembly of their…View ↗
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10-K for FY2025, filed Feb 26, 2026
FY2025 revenue by reportable segment ↗
$4.1B
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10-K for FY2025, filed Feb 26, 2026
$4.1B ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Bedding Products
Sold outright
10-K for FY2025, filed Feb 26, 2026 |
39%
FY2022: 46%
|
Bedding Products, FY2025
$1.6B Sources
|
Sold outright |
|
Specialized Products
Sold outright
10-K for FY2025, filed Feb 26, 2026 |
28%
FY2022: 22%
|
Specialized Products, FY2025
$1.1B Sources
|
Sold outright |
|
Furniture, Flooring & Textile Products
Sold outright
|
34%
FY2022: 32%
|
Furniture, Flooring & Textile Products, FY2025
$1.4B Sources
|
Sold outright |
Who Were Their Customers?
The company sells primarily through its own personnel, with outside sales representatives and distributors also used by many businesses. Buyers include bedding and furniture makers and retailers, automotive manufacturers and suppliers, and makers of mobile equipment for material handling and heavy construction.
10-K for FY2025, filed Feb 26, 2026Distribution of ProductsView ↗
We serve a broad suite of customers, with our largest customer representing approximately 7% of our trade sales in 2025. Many are companies…View ↗
Automobile Tier 1 suppliers and OEMsView ↗
Mobile equipment OEMs, primarily serving material handling and heavy construction marketsView ↗
10-K for FY2025, filed Feb 26, 2026
We serve thousands of customers worldwide, sustaining many long-term business relationships. Our largest customer represented approximately…View ↗
Did Revenues Turn Into Profits?
Yes. It kept 6 cents of every revenue dollar as net income in FY2025 and turned 7 cents into free cash flow.
10-K for FY2025, filed Feb 26, 2026
$255.8MView ↗
10-K for FY2025, filed Feb 26, 2026
$235.4MView ↗
10-K for FY2025, filed Feb 26, 2026
$281MView ↗
How Were They Changing?
10-Q for Q2 FY2026, filed Aug 6, 2026
Open tableView ↗
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Aug 26, 2026
Merger completed; Leggett & Platt shares converted into parent stock
Company shares converted into a right to receive parent shares.
Sources
8-K, filed Aug 26, 2026
On August 26, 2026, in connection with the Merger, the Company terminated and repaid in full all outstanding obligations (approximately…View ↗
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May 7, 2026
Withdrew its previously issued guidance
The company withdrew its guidance while its acquisition was pending.
Sources
8-K, filed May 7, 2026
Withdrawing previously issued 2026 guidance due to the pending acquisition by Somnigroup InternationalView ↗
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Apr 13, 2026
Somnigroup agreed to acquire Leggett & Platt in an all-stock merger
Leggett & Platt shareholders were to receive Somnigroup shares, subject to closing conditions.
Sources
8-K, filed Apr 13, 2026
On April 13, 2026, Somnigroup International Inc., a Delaware corporation (“Parent”), and Leggett & Platt, Incorporated, a Missouri…View ↗
Shrank. Revenue fell 21% in 4 years, from $5.1B in FY2021 to $4.1B in FY2025, about 6% a year.
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