Leggett Net Income vs Operating Income Analysis

LEG Stock

USD 12.59 0.01 0.08%

Leggett Platt financial indicator trend analysis is infinitely more than just investigating Leggett Platt recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Leggett Platt is a good investment. Please check the relationship between Leggett Platt Net Income and its Operating Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Leggett Platt Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Net Income vs Operating Income

Net Income vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Leggett Platt Net Income account and Operating Income. At this time, the significance of the direction appears to have strong relationship.

The correlation between Leggett Platt's Net Income and Operating Income is 0.66. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Operating Income in the same time period over historical financial statements of Leggett Platt Incorporated, assuming nothing else is changed. The correlation between historical values of Leggett Platt's Net Income and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Leggett Platt Incorporated are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Net Income i.e., Leggett Platt's Net Income and Operating Income go up and down completely randomly.

Correlation Coefficient

0.66

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Leggett Platt financial statement analysis. It represents the amount of money remaining after all of Leggett Platt Incorporated operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Operating Income

Operating Income is the amount of profit realized from Leggett Platt operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Leggett Platt Incorporated is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from Leggett Platt's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Leggett Platt current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Leggett Platt Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

At this time, Leggett Platt's Enterprise Value Multiple is most likely to increase significantly in the upcoming years.

	2021	2022	2023	2024 (projected)
Gross Profit	1.0B	976.8M	853.8M	776.0M
Total Revenue	5.1B	5.1B	4.7B	3.6B

Gross Profit Total Revenue

Leggett Platt fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock
Total Assets		0.86	0.53	0.78	0.86	0.97	0.83	0.93	0.64	0.98	-0.15	0.64	0.92	0.37	0.95	0.94	0.65	-0.83	0.98	0.94	0.4	0.79	0.94	0.56	0.0	0.0
Short Long Term Debt Total	0.86		0.23	0.85	0.71	0.92	0.99	0.69	0.38	0.87	0.18	0.38	0.75	-0.01	0.86	0.82	0.6	-0.77	0.86	0.76	0.62	0.78	0.77	0.82	-0.44	-0.44
Other Current Liab	0.53	0.23		0.42	0.55	0.46	0.17	0.73	0.6	0.45	-0.29	0.6	0.75	0.74	0.42	0.46	0.64	-0.67	0.49	0.64	-0.11	0.2	0.53	-0.1	0.25	0.25
Total Current Liabilities	0.78	0.85	0.42		0.77	0.8	0.79	0.69	0.59	0.71	-0.04	0.59	0.81	0.23	0.64	0.8	0.8	-0.78	0.73	0.83	0.79	0.51	0.76	0.75	-0.51	-0.51
Total Stockholder Equity	0.86	0.71	0.55	0.77		0.8	0.65	0.85	0.64	0.81	-0.26	0.64	0.88	0.63	0.69	0.82	0.66	-0.72	0.75	0.87	0.45	0.59	0.73	0.49	-0.11	-0.11
Property Plant And Equipment Net	0.97	0.92	0.46	0.8	0.8		0.9	0.88	0.55	0.97	0.01	0.55	0.89	0.24	0.95	0.91	0.64	-0.86	0.97	0.89	0.44	0.77	0.92	0.63	-0.15	-0.15
Net Debt	0.83	0.99	0.17	0.79	0.65	0.9		0.63	0.26	0.86	0.25	0.26	0.69	-0.08	0.86	0.79	0.52	-0.71	0.84	0.69	0.58	0.8	0.73	0.82	-0.43	-0.43
Retained Earnings	0.93	0.69	0.73	0.69	0.85	0.88	0.63		0.74	0.88	-0.34	0.74	0.96	0.56	0.85	0.89	0.64	-0.9	0.9	0.95	0.2	0.62	0.92	0.35	0.13	0.13
Cash	0.64	0.38	0.6	0.59	0.64	0.55	0.26	0.74		0.53	-0.51	1.0	0.71	0.57	0.49	0.61	0.72	-0.65	0.6	0.8	0.31	0.24	0.68	0.13	0.14	0.14
Non Current Assets Total	0.98	0.87	0.45	0.71	0.81	0.97	0.86	0.88	0.53		-0.06	0.53	0.84	0.3	0.97	0.89	0.57	-0.76	0.98	0.86	0.36	0.86	0.9	0.54	0.02	0.02
Non Currrent Assets Other	-0.15	0.18	-0.29	-0.04	-0.26	0.01	0.25	-0.34	-0.51	-0.06		-0.51	-0.21	-0.41	-0.02	-0.22	-0.09	0.18	-0.1	-0.31	0.17	-0.07	-0.28	0.27	-0.49	-0.49
Cash And Short Term Investments	0.64	0.38	0.6	0.59	0.64	0.55	0.26	0.74	1.0	0.53	-0.51		0.71	0.57	0.49	0.61	0.72	-0.65	0.6	0.8	0.31	0.24	0.68	0.13	0.14	0.14
Net Receivables	0.92	0.75	0.75	0.81	0.88	0.89	0.69	0.96	0.71	0.84	-0.21	0.71		0.54	0.81	0.9	0.75	-0.91	0.87	0.97	0.34	0.56	0.88	0.49	-0.08	-0.08
Common Stock Shares Outstanding	0.37	-0.01	0.74	0.23	0.63	0.24	-0.08	0.56	0.57	0.3	-0.41	0.57	0.54		0.16	0.29	0.37	-0.31	0.26	0.47	-0.07	-0.01	0.28	-0.23	0.32	0.32
Non Current Liabilities Total	0.95	0.86	0.42	0.64	0.69	0.95	0.86	0.85	0.49	0.97	-0.02	0.49	0.81	0.16		0.87	0.51	-0.78	0.98	0.82	0.26	0.87	0.89	0.53	0.05	0.05
Inventory	0.94	0.82	0.46	0.8	0.82	0.91	0.79	0.89	0.61	0.89	-0.22	0.61	0.9	0.29	0.87		0.58	-0.8	0.92	0.95	0.47	0.69	0.93	0.68	-0.07	-0.07
Other Current Assets	0.65	0.6	0.64	0.8	0.66	0.64	0.52	0.64	0.72	0.57	-0.09	0.72	0.75	0.37	0.51	0.58		-0.7	0.61	0.75	0.51	0.37	0.64	0.38	-0.22	-0.22
Other Stockholder Equity	-0.83	-0.77	-0.67	-0.78	-0.72	-0.86	-0.71	-0.9	-0.65	-0.76	0.18	-0.65	-0.91	-0.31	-0.78	-0.8	-0.7		-0.81	-0.87	-0.29	-0.54	-0.85	-0.47	0.18	0.18
Total Liab	0.98	0.86	0.49	0.73	0.75	0.97	0.84	0.9	0.6	0.98	-0.1	0.6	0.87	0.26	0.98	0.92	0.61	-0.81		0.9	0.35	0.81	0.95	0.54	0.04	0.04
Total Current Assets	0.94	0.76	0.64	0.83	0.87	0.89	0.69	0.95	0.8	0.86	-0.31	0.8	0.97	0.47	0.82	0.95	0.75	-0.87	0.9		0.44	0.59	0.93	0.54	-0.03	-0.03
Short Term Debt	0.4	0.62	-0.11	0.79	0.45	0.44	0.58	0.2	0.31	0.36	0.17	0.31	0.34	-0.07	0.26	0.47	0.51	-0.29	0.35	0.44		0.22	0.36	0.78	-0.69	-0.69
Intangible Assets	0.79	0.78	0.2	0.51	0.59	0.77	0.8	0.62	0.24	0.86	-0.07	0.24	0.56	-0.01	0.87	0.69	0.37	-0.54	0.81	0.59	0.22		0.7	0.45	0.1	0.1
Accounts Payable	0.94	0.77	0.53	0.76	0.73	0.92	0.73	0.92	0.68	0.9	-0.28	0.68	0.88	0.28	0.89	0.93	0.64	-0.85	0.95	0.93	0.36	0.7		0.49	0.07	0.07
Property Plant And Equipment Gross	0.56	0.82	-0.1	0.75	0.49	0.63	0.82	0.35	0.13	0.54	0.27	0.13	0.49	-0.23	0.53	0.68	0.38	-0.47	0.54	0.54	0.78	0.45	0.49		-0.69	-0.69
Common Stock Total Equity	0.0	-0.44	0.25	-0.51	-0.11	-0.15	-0.43	0.13	0.14	0.02	-0.49	0.14	-0.08	0.32	0.05	-0.07	-0.22	0.18	0.04	-0.03	-0.69	0.1	0.07	-0.69		1.0
Common Stock	0.0	-0.44	0.25	-0.51	-0.11	-0.15	-0.43	0.13	0.14	0.02	-0.49	0.14	-0.08	0.32	0.05	-0.07	-0.22	0.18	0.04	-0.03	-0.69	0.1	0.07	-0.69	1.0

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Leggett Platt Account Relationship Matchups

Leggett Platt fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.8B	4.8B	5.3B	5.2B	4.6B	3.0B
Short Long Term Debt Total	2.3B	2.1B	2.3B	2.3B	2.2B	2.3B
Other Current Liab	337.3M	362.4M	286.4M	312.1M	282.9M	222.6M
Total Current Liabilities	928.1M	1.0B	1.3B	968.1M	1.3B	1.3B
Total Stockholder Equity	1.3B	1.4B	1.6B	1.6B	1.3B	1.4B
Property Plant And Equipment Net	989.6M	946.4M	974.1M	967.4M	978.4M	697.7M
Net Debt	2.0B	1.7B	1.9B	2.0B	1.8B	1.9B
Retained Earnings	2.7B	2.8B	3.0B	3.0B	2.7B	1.7B
Cash	247.6M	348.9M	361.7M	316.5M	365.5M	193.2M
Non Current Assets Total	3.3B	3.1B	3.2B	3.2B	2.8B	1.7B
Non Currrent Assets Other	64.4M	(57.3M)	(56M)	(48M)	31.3M	32.9M
Cash And Short Term Investments	247.6M	348.9M	361.7M	316.5M	365.5M	193.2M
Net Receivables	591.9M	563.6M	651.5M	675M	637.3M	499.9M
Common Stock Shares Outstanding	135.4M	135.9M	136.7M	136.5M	136.3M	127.5M
Liabilities And Stockholders Equity	4.8B	4.8B	5.3B	5.2B	4.6B	3.0B
Non Current Liabilities Total	2.6B	2.4B	2.3B	2.6B	2.0B	1.0B
Inventory	636.7M	645.5M	993.2M	907.5M	819.7M	523.4M
Other Current Assets	51M	61.9M	54.1M	58.9M	59M	63.5M
Other Stockholder Equity	(1.3B)	(1.3B)	(1.3B)	(1.3B)	(1.3B)	(1.2B)
Total Liab	3.5B	3.4B	3.7B	3.5B	3.3B	1.7B
Total Current Assets	1.5B	1.6B	2.1B	2.0B	1.9B	1.3B
Short Term Debt	90.4M	135.7M	389.6M	108.4M	422.6M	443.7M
Intangible Assets	764M	806.7M	818.3M	786.3M	167.5M	308.4M
Accounts Payable	463.4M	552.2M	613.8M	518.4M	536.2M	274.7M
Property Plant And Equipment Gross	993.9M	946.4M	2.3B	2.3B	2.5B	2.7B
Accumulated Other Comprehensive Income	(76.8M)	(52.4M)	(38.3M)	(93.5M)	(43.7M)	(45.9M)
Other Liab	387.7M	386.3M	380.3M	348.8M	401.1M	421.2M
Other Assets	109.3M	109.8M	101.5M	106.7M	96.0M	95.7M
Long Term Debt	2.1B	1.8B	1.8B	2.1B	1.7B	1.2B
Good Will	1.4B	1.4B	1.4B	1.5B	1.5B	1.2B
Treasury Stock	(1.9B)	(1.9B)	(1.9B)	(1.8B)	(1.7B)	(1.7B)
Property Plant Equipment	830.8M	784.8M	974.1M	967.4M	870.7M	621.6M
Current Deferred Revenue	11.9M	19.4M	19.5M	18.1M	12.1M	11.5M
Net Tangible Assets	(858.3M)	(700.6M)	(619.3M)	(509.1M)	(458.2M)	(435.3M)
Retained Earnings Total Equity	2.7B	2.8B	3.0B	3.0B	3.5B	2.7B
Long Term Debt Total	2.1B	1.8B	1.8B	2.1B	2.4B	1.3B
Capital Surpluse	536.1M	543.2M	557.9M	568.5M	653.8M	562.1M

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When determining whether Leggett Platt is a strong investment it is important to analyze Leggett Platt's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Leggett Platt's future performance. For an informed investment choice regarding Leggett Stock, refer to the following important reports:

How To Invest In Leggett

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Is Leggett Stock a good investment?

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What is Leggett Platt's Net Worth?

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Largest Household Durables Companies

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Leggett Platt Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Is Household Durables space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Leggett Platt. If investors know Leggett will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Leggett Platt listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.16)

Dividend Share

1.02

Earnings Share

(6.01)

Revenue Per Share

32.414

Quarterly Revenue Growth

(0.06)

The market value of Leggett Platt is measured differently than its book value, which is the value of Leggett that is recorded on the company's balance sheet. Investors also form their own opinion of Leggett Platt's value that differs from its market value or its book value, called intrinsic value, which is Leggett Platt's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Leggett Platt's market value can be influenced by many factors that don't directly affect Leggett Platt's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Leggett Platt's value and its price as these two are different measures arrived at by different means. Investors typically determine if Leggett Platt is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Leggett Platt's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Leggett Net Income vs Operating Income Analysis

Net Income vs Operating Income

Net Income vs Operating Income Correlation Analysis

Correlation Coefficient

Net Income

Operating Income

Leggett Platt fundamental ratios Correlations

Leggett Platt Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Leggett Platt fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Net Debt	+ 0.99	Short Long Term Debt Total
Non Current Assets Total	+ 0.98	Total Assets
Total Liab	+ 0.98	Total Assets
Total Liab	+ 0.98	Non Current Assets Total

Other Stockholder Equity	- 0.91	Net Receivables
Other Stockholder Equity	- 0.9	Retained Earnings
Total Current Assets	- 0.87	Other Stockholder Equity
Other Stockholder Equity	- 0.86	Property Plant And Equipment Net
Accounts Payable	- 0.85	Other Stockholder Equity
Other Stockholder Equity	- 0.83	Total Assets