Summer 2026

FP&A Intern

Posted on 5/16/2026

Leggett & Platt

Leggett & Platt

1,001-5,000 employees

Designs and manufactures bedding, furniture components

No salary listed

Jacksonville, NC, USA

In Person

Category
Finance & Banking (1)
Required Skills
Forecasting
Financial analysis
Excel/Numbers/Sheets
Financial Modeling
Requirements
  • Currently pursuing a Bachelor’s degree in Finance, Accounting, Economics, Business Analytics, or a related field
  • Strong analytical and problem‑solving skills
  • Proficiency or working knowledge of Excel and financial data analysis
  • Attention to detail and ability to handle multiple priorities
  • Strong communication skills and willingness to learn
Responsibilities
  • FP&A Function Development – Support the establishment and enhancement of FP&A processes specific to PHC US.
  • Financial Reporting & Analysis – Assist with monthly financial reporting, variance analysis, and management summaries.
  • Budgeting & Forecasting Support – Help gather inputs, maintain models, and support forecast and budget cycles.
  • Data Management & Validation – Collect, reconcile, and validate financial and operational data to ensure accuracy.
  • Modeling & Tools – Assist with developing and improving financial models, templates, and dashboards used by PHC US.
  • Business Support – Provide analytical support for ad‑hoc requests from finance leadership and business partners.
  • Process Improvement – Help document FP&A workflows and identify opportunities for standardization and efficiency.
  • Additional duties as assigned.
Desired Qualifications
  • Coursework or experience in financial planning, forecasting, or budgeting
  • Exposure to financial modeling or large datasets
  • Familiarity with financial systems or reporting tools
  • Interest in supporting a growing U.S.-based finance organization

Leggett & Platt designs and manufactures a broad range of product components for bedding, furniture, seating, homes, offices, airplanes, and automobiles. It creates the parts and materials that other companies integrate into their products, turning design concepts into physical components used to improve comfort and function. The company differentiates itself with a diversified, multi-industry portfolio and global scale as a supplier, guided by its four values: Put People First, Do the Right Thing, Do Great Work Together, and Take Ownership and Raise the Bar. Its goal is to enhance people’s lives by improving comfort and function while delivering strong returns for shareholders and providing jobs in communities around the world.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Carthage, Texas

Founded

1883

Your Connections

People at Leggett & Platt who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • OEMs are shifting toward software-defined, centralized vehicle architectures.
  • EV cabins increase demand for quieter motion systems.
  • Leggett’s global automotive footprint supports faster adoption across trim levels.

What critics are saying

  • Leggett & Platt reported Q1 2026 sales down 10% to $918 million.
  • The Somnigroup acquisition can distract management until closing.
  • OEMs can bypass seat-level suppliers by integrating more software in-house.

What makes Leggett & Platt unique

  • Leggett Dynamics launched a Smart Brushless Motor on June 16, 2026.
  • The motor works with or without a seat-level ECU.
  • It reduces wiring, packaging, and noise for zonal architectures.

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Benefits

Professional Development Budget

Mentorship Program

Growth & Insights and Company News

Headcount

6 month growth

4%

1 year growth

4%

2 year growth

5%
Leggett & Platt
Apr 14th, 2026
Leggett & Platt to be Acquired by Somnigroup | Leggett & Platt

The Investor Relations website contains information about Leggett & Platt's business for stockholders, potential investors, and financial analysts.

Valor Econômico
Apr 13th, 2026
Somnigroup acquires Leggett & Platt for $2.5B in bedding products expansion

Somnigroup has acquired component manufacturer Leggett & Platt in an all-stock transaction valued at $2.5 billion. The deal consolidates months of effort by Somnigroup to purchase one of the main suppliers for its sleep products empire. The acquisition strengthens Somnigroup's position in the bedding industry by bringing key manufacturing capabilities in-house.

Yahoo Finance
Jan 27th, 2026
EPAM Systems praised as cash flow machine while Ralph Lauren, Leggett & Platt face bearish Wall Street targets

EPAM Systems, a digital engineering and AI transformation services provider founded in 1993, could be an overlooked opportunity despite Wall Street's bearish sentiment. The company generates $5.30 billion in revenue, allowing it to spread fixed costs efficiently, and demonstrates strong free cash flow generation. However, two stocks face legitimate challenges. Ralph Lauren trades at 23x forward P/E but shows weak constant currency growth and an operating margin of 13.1% below industry averages. Its free cash flow margin of 11.3% limits capital allocation flexibility. Leggett & Platt, a diversified manufacturer founded in 1883, has recorded flat sales over five years and a weak free cash flow margin of 6.1%. Eroding returns on capital suggest management's recent investments are destroying value.

Business Insider
Dec 2nd, 2025
Somnigroup proposes $12/share Leggett acquisition

Somnigroup (SGI) has announced an all-stock offer to acquire Leggett & Platt for $12 per share. This move is part of Somnigroup's strategy to enhance sourcing transparency and cost efficiencies amid challenging demand for U.S. produced bedding. Jefferies maintains a Hold rating on Somnigroup with a price target of $86. Leggett & Platt has confirmed the unsolicited proposal.

StockTwits
Dec 1st, 2025
Why Did Leggett & Platt Stock Surge 10% Pre-Market Today?

Why did Leggett & Platt stock surge 10% pre-market today? An acquisition proposal from Somnigroup International aims to keep Leggett & Platt operating under its own management while integrating it into a larger enterprise. * Under the plan, Leggett & Platt investors would receive Somnigroup shares valued at $12.00 per LEG share. * The proposal was delivered to the Leggett & Platt Board in a letter. * Somnigroup has asked LEG's board to respond by December 22. Somnigroup International Inc. (SGI) announced a formal proposal to acquire Leggett & Platt Inc. (LEG) through an all-stock deal that would exchange each LEG share for SGI stock valued at $12.00. The proposal aims to keep Leggett & Platt operating under its own management while integrating it into a larger enterprise. Deal terms and premium. Under the plan, Leggett & Platt investors would receive Somnigroup shares valued at $12.00 per LEG share, based on a yet-to-be-finalized exchange ratio. This represents a roughly 30.3% premium over LEG's average closing price over the previous 30 trading days. Following the announcement, Leggett & Platt's stock traded over 10% higher in Monday's premarket. The proposal was delivered to the Leggett & Platt Board in a letter on Dec. 1, 2025. On Stocktwits, retail sentiment around the stock jumped to 'bullish' from 'bearish' territory the previous day, and message volume improved to 'high' from 'normal' levels in 24 hours. Why Somnigroup thinks it works. Somnigroup stated in the letter that the all-stock structure gives LEG shareholders a tax-efficient path to share in long-term value creation from the combined entity. The companies have collaborated commercially for years, and combining Leggett & Platt's manufacturing capabilities with Somnigroup's broader distribution network is expected to create greater strategic efficiency and scale. "Leggett & Platt has been an important supplier to our Company for many years." - Scott Thompson, Chairman and CEO, Somnigroup The proposal comes with unanimous backing from Somnigroup's board. Somnigroup has asked LEG's board to respond by December 22, 2025. LEG stock has gained over 6% in 2025 but declined over 19% in the last 12 months. For updates and corrections, email newsroom[at]stocktwits[dot]com.

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