Leggett & Platt Inc
NYSE:LEG
Gross Margin
Leggett & Platt Inc
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| US |
|
Leggett & Platt Inc
NYSE:LEG
|
1.1B USD |
17%
|
|
| US |
|
Tempur Sealy International Inc
NYSE:TPX
|
11.7B USD |
45%
|
|
| US |
|
Mohawk Industries Inc
NYSE:MHK
|
7.2B USD |
26%
|
|
| CN |
|
Oppein Home Group Inc
SSE:603833
|
38.2B CNY |
35%
|
|
| TW |
|
Nien Made Enterprise Co Ltd
TWSE:8464
|
115B TWD |
57%
|
|
| CN |
|
Jason Furniture Hangzhou Co Ltd
SSE:603816
|
21B CNY |
32%
|
|
| HK |
|
Man Wah Holdings Ltd
HKEX:1999
|
17.9B HKD |
40%
|
|
| CN |
|
Suofeiya Home Collection Co Ltd
SZSE:002572
|
15.6B CNY |
35%
|
|
| CN |
D
|
De Rucci Healthy Sleep Co Ltd
SZSE:001323
|
12.8B CNY |
49%
|
|
| CN |
H
|
HHC Changzhou Corp
SZSE:301061
|
12.7B CNY |
34%
|
|
| US |
|
La-Z-Boy Inc
NYSE:LZB
|
1.6B USD |
44%
|
Leggett & Platt Inc
Glance View
Leggett & Platt Inc. embodies the ingenuity of American manufacturing, weaving its storied history into the fabric of everyday life. Founded in 1883 by J.P. Leggett and C.B. Platt in Carthage, Missouri, the company originally launched with a focus on bedding components. This dedication to a simple design—initially an innovative bedspring—has blossomed over more than a century into a vast product empire. Today, Leggett & Platt operates through multiple segments, including Bedding Products, Furniture Products, and Specialized Products, serving both households and businesses worldwide. The company leverages its deep expertise in engineering and design, applying it to a myriad of applications that range from car seat mechanisms to steel drawn wires, thereby ensuring it remains deeply interwoven into multiple consumer and industrial markets. The genius of Leggett & Platt lies in its ability to generate revenues by anchoring its operations in essential, often unseen components that power products across various industries. Despite their presence in niche markets, the company cleverly capitalizes on the volume-driven nature of these sectors. By introducing innovations and maintaining robust partnerships with manufacturers and retailers, Leggett & Platt ensures continuous demand for its products. By placing high value on operational efficiency and diverse geographic presence, they secure a steady cash flow. Their unassuming components may not gain individual recognition, but by being integral to the construction of goods people use daily—like furniture and automobiles—Leggett & Platt reaffirms its position as a silent giant of the manufacturing world.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Leggett & Platt Inc's most recent financial statements, the company has Gross Margin of 17.4%.
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