Leggett & Platt Profit margin
What is the Profit margin of Leggett & Platt?
The Profit margin of Leggett & Platt, Inc. is -2.90%
What is the definition of Profit margin?
Profit margin is a measure of profitability and is calculated by finding the net profit as a percentage of the revenue.
lfy (last fiscal year)
Profit margin is calculated with the selling price (or revenue) taken as base times 100. It is the percentage of selling price that is turned into profit. Profit percentages are calculated to find the ratio of profit to cost of an investment. Profit margin is an indicator of a company's pricing strategies and how well it controls costs. Differences in competitive strategy and product mix cause the profit margin to vary among different companies. The profit margin is used mostly for internal comparisons. It is difficult to accurately compare the net profit ratio for different entities. Individual businesses' operating and financing arrangements vary so much that different entities are bound to have different levels of expenditure, so that comparison of one with another can have little meaning. A low profit margin indicates a low margin of safety: higher risk that a decline in sales will erase profits and result in a net loss, or a negative margin.
Profit margin of companies in the Consumer Discretionary sector on NYSE compared to Leggett & Platt
What does Leggett & Platt do?
Leggett & Platt is an American diversified manufacturer that designs and produces various engineered components and products that can be found in homes and automobiles. The company offers steel rods, drawn wires, foam chemicals and additives, innersprings, specialty foams, private label finished mattresses, mattress foundations, wire forms for mattress foundations, adjustable beds, industrial sewing and quilting machines, and mattress packaging and glue drying equipment, as well as machines to produce innersprings for industrial users of steel rods and wires, manufacturers of finished bedding, big box and e-commerce retailers, bedding brands and mattress retailers, department stores, and home improvement centers.
Companies with profit margin similar to Leggett & Platt
- Lee Kee has Profit margin of -2.92%
- ENENSYS Technologies SA has Profit margin of -2.92%
- American Hotel Income Propertie has Profit margin of -2.91%
- XP Power has Profit margin of -2.91%
- Sihuan Pharmaceutical has Profit margin of -2.90%
- KOS International has Profit margin of -2.90%
- Leggett & Platt has Profit margin of -2.90%
- Moelis & Co has Profit margin of -2.89%
- Vonage Corp has Profit margin of -2.87%
- Vonage Corp has Profit margin of -2.87%
- Hindusthan Urban Infrastructure has Profit margin of -2.87%
- Highway has Profit margin of -2.87%
- Angang Steel has Profit margin of -2.87%