| Leggett & Platt designs and produces engineered components and products in homes and automobiles. Co.'s segments are: Residential Products, which supplies components and machinery used by bedding manufacturers in the production and assembly of their finished products, as well as producing private-label finished mattresses for bedding brands and retailers; Industrial Products, which supplies high-carbon drawn steel wire; Furniture Products, which supplies components used by home and work furniture manufacturers; and Specialized Products, which designs, manufactures and sells products including automotive seating components, tubing and fabricated assemblies, and hydraulic cylinders. We show 44 historical shares outstanding datapoints in our LEG shares outstanding history coverage, used to compute LEG market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing LEG market cap history over the course of time is important for investors
interested in comparing LEG's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of LEG versus a peer is one thing; comparing
LEG market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like LEG can fluctuate over the course of history.
With this page we aim to empower investors researching LEG by allowing them to research the LEG market cap history.