$Leggett & Platt (LEG.US)$They are made of spring mattresses...
$Leggett & Platt(LEG.US$They are made of spring mattresses and seats. In the past 5 years, in addition to shrinking 9.9% in 2020, the average growth rate was 5.5%. Operating profit grew slowly amid fluctuations due to cost fluctuations. The average growth rate was less than 1%, and net profit was similar. Interest expenses in 2022 accounted for 16.9% of operating profit, and the burden was moderate.
In the first half of 2023, revenue shrank by 8.4%, operating profit shrank by 40%, and net profit shrank by 42%.
The balance ratio fluctuated from 65.7% to 68.4% in the past 5 years, then declined to 67.6% in 2023Q2.
Inventories increased by 300 million to 990 million in 2020, and fell back to 910 million in 2022, which is quite normal.
Goodwill and intangible assets of $2.12 billion, long-term loans of $2,016 billion, net assets of $1,669 billion, high leverage ratio, and treasury stock of $1,867 billion.
Over the past 5 years, a small percentage of net operating cash flow was higher than net investment, and there was a small shareholders' surplus.
Currently, the price-earnings ratio is 11, the price-earnings ratio TTM has increased to 14.6, the dividend ratio is 7.15%, and dividends have continued to increase steadily and slowly over decades, so you can choose carefully (⭐️)
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
