Leggett & Platt Incorporated (LEG)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -511,500 | -823,200 | -815,300 | -158,900 | -137,000 | 213,300 | 231,900 | 272,900 | 309,800 | 362,500 | 388,300 | 405,300 | 402,400 | 400,100 | 407,700 | 289,400 | 247,600 | 231,200 | 226,000 | 318,300 |
| Revenue (ttm) | US$ in thousands | 4,384,300 | 4,443,000 | 4,516,700 | 4,608,700 | 4,725,300 | 4,806,000 | 4,925,000 | 5,038,000 | 5,146,700 | 5,283,800 | 5,308,600 | 5,244,000 | 5,072,600 | 4,921,700 | 4,810,100 | 4,385,600 | 4,280,200 | 4,243,100 | 4,274,800 | 4,642,900 |
| Net profit margin | -11.67% | -18.53% | -18.05% | -3.45% | -2.90% | 4.44% | 4.71% | 5.42% | 6.02% | 6.86% | 7.31% | 7.73% | 7.93% | 8.13% | 8.48% | 6.60% | 5.78% | 5.45% | 5.29% | 6.86% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-511,500K ÷ $4,384,300K
= -11.67%
The net profit margin of Leggett & Platt Incorporated has exhibited some fluctuations over the disclosed periods. Starting from March 31, 2020, the net profit margin stood at 6.86% and tended to decrease in the subsequent quarters until hitting a low point of -18.53% on September 30, 2024. This negative trend in profitability suggests that the company's expenses may have outpaced its revenues during these periods, resulting in decreased profitability.
It is crucial for Leggett & Platt to closely monitor and manage its cost structure, pricing strategies, and operational efficiencies to improve its net profit margin and ensure sustainable financial performance in the future. A negative net profit margin indicates that the company is incurring losses, which can be detrimental to its long-term viability and growth prospects. Further analysis and strategic actions may be necessary to reverse this downward trend and enhance the company's financial health.
Peer comparison
Dec 31, 2024