Earnings (Loss) Per Share (EPS)
Basic and diluted earnings (loss) per share were calculated as follows:
 Year Ended December 31,
 202520242023
Net earnings (loss)   
Net earnings (loss)$235.4 $(511.4)$(136.8)
Earnings attributable to noncontrolling interest, net of tax (.1)— 
Net earnings (loss) attributable to Leggett & Platt, Inc. common shareholders$235.4 $(511.5)$(136.8)
Weighted average number of shares (in millions)   
Weighted average number of common shares used in basic EPS138.5 137.3136.3
Dilutive effect of stock-based compensation1.2 
Weighted average number of common shares and dilutive potential common shares used in diluted EPS139.7 137.3 136.3 
Basic and diluted EPS   
Basic EPS attributable to Leggett & Platt, Inc. common shareholders$1.70 $(3.73)$(1.00)
Diluted EPS attributable to Leggett & Platt, Inc. common shareholders$1.69 $(3.73)$(1.00)
Other information   
Anti-dilutive shares excluded from diluted EPS computation.5 .5 .5 
Cash dividends declared per share$.20 $.61 $1.82 

Historical Timeline

Fiscal YearFiled
2025Feb 26, 2026Showing above
2022Feb 24, 2023
2021Feb 22, 2022
2020Feb 24, 2021
2019Feb 20, 2020
2018Feb 27, 2019
2017Feb 22, 2018
2016Feb 22, 2017
2015Feb 25, 2016

About Earnings Per Share Disclosures

The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.

Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.