# If Legrand moves, who benefits? How far does the value-chain ripple reach?
Canonical: https://valuechain.wiki/legrand · Facet: ripple · Updated: 2026-10-10T02:41:13.35+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Per the valuechain.wiki graph, Legrand is directly linked to 2 companies (0 supply, 2 revenue relationships) and reaches 28 companies within two hops; the links are backed by 9 dated sources, 2 of them primary filings (as of 2026-10-10).

Legrand sits in the power, cooling and monitoring supply layer of AI data centers. Its stock slowed to +6.1% in 2026 after +39.3% in 2025, even as data-center exposure rose from 26% of 2025 sales to a 32% outlook for 2026. It trails Equinix (+37.3%) but is close to customer Microsoft (+4.0%). Demand has propagated into supplier revenue, while the stock appears to have anticipated much of it in 2025. The counter-case is that weak building demand, acquisition integration and raw-material inflation may delay conversion of growth into earnings.

## Demand chain (leading)
- T1 Microsoft (https://valuechain.wiki/microsoft.md)
- T2 OpenAI (https://valuechain.wiki/openai.md)
- T3 Intuit Inc. (https://valuechain.wiki/intuit.md)
- T3 Accenture plc (https://valuechain.wiki/accenture.md)
- T2 Snowflake (https://valuechain.wiki/snowflake.md)
- T3 ResMed Inc. (https://valuechain.wiki/resmed.md)
- T3 Otis Worldwide Corporation (https://valuechain.wiki/otis-worldwide.md)
- T3 Verisk Analytics (https://valuechain.wiki/verisk-analytics.md)
- T3 Expand Energy Corporation (https://valuechain.wiki/expand-energy.md)
- T2 ServiceNow (https://valuechain.wiki/servicenow.md)
- T2 Walmart Inc (https://valuechain.wiki/walmart.md)
- T3 UnitedHealth Group Incorporated (https://valuechain.wiki/unitedhealth-group.md)
- T2 Starbucks Corp (https://valuechain.wiki/starbucks.md)
- T3 E-mart Inc. (https://valuechain.wiki/emart.md)
- T3 Nestlé S.A. (https://valuechain.wiki/nestle.md)
- T3 Target Corporation (https://valuechain.wiki/target.md)
- T2 Costco Wholesale (https://valuechain.wiki/costco.md)
- T2 Johnson Controls (https://valuechain.wiki/johnson-controls.md)
- T2 Parker-Hannifin Corporation (https://valuechain.wiki/parker-hannifin.md)
- T3 Airbus (https://valuechain.wiki/airbus.md)
- T3 ASML (https://valuechain.wiki/asml.md)
- T2 Stryker Corporation (https://valuechain.wiki/stryker.md)
- T3 HCA Healthcare, Inc. (https://valuechain.wiki/hca-healthcare.md)
- T2 Adobe Inc. (https://valuechain.wiki/adobe.md)
- T3 The Coca-Cola Company (https://valuechain.wiki/coca-cola.md)
- T3 IBM (https://valuechain.wiki/ibm.md)
- T3 Tapestry, Inc. (https://valuechain.wiki/tapestry.md)
- T2 3M Company (https://valuechain.wiki/3m.md)
- T3 Fastenal Company (https://valuechain.wiki/fastenal.md)
- T2 Illinois Tool Works Inc. (https://valuechain.wiki/illinois-tool-works.md)
- T3 Ford Motor Company (https://valuechain.wiki/ford-motor-company.md)
- T2 Boston Scientific Corporation (https://valuechain.wiki/boston-scientific.md)
- T2 Autodesk, Inc. (https://valuechain.wiki/autodesk.md)
- T3 Kia (https://valuechain.wiki/kia.md)
- T2 Rockwell Automation, Inc. (https://valuechain.wiki/rockwell-automation.md)
- T3 Kikkoman (https://valuechain.wiki/kikkoman.md)
- T2 Take-Two Interactive Software, Inc. (https://valuechain.wiki/take-two-interactive.md)
- T3 Apple (https://valuechain.wiki/apple.md)
- T2 Roper Technologies (https://valuechain.wiki/roper-technologies.md)
- T2 Kenvue Inc. (https://valuechain.wiki/kenvue.md)
- T2 Axon Enterprise, Inc. (https://valuechain.wiki/axon-enterprise.md)
- T2 The Kraft Heinz Company (https://valuechain.wiki/kraft-heinz.md)
- T3 Dollar General Corporation (https://valuechain.wiki/dollar-general.md)
- T2 Fiserv (https://valuechain.wiki/fiserv.md)
- T3 Wells Fargo (https://valuechain.wiki/wells-fargo.md)
- T2 Cognizant Technology Solutions Corporation (https://valuechain.wiki/cognizant.md)
- T3 McDonald's (https://valuechain.wiki/mcdonalds.md)
- T3 Gilead Sciences, Inc. (https://valuechain.wiki/gilead-sciences.md)
- T2 Dover Corporation (https://valuechain.wiki/dover.md)
- T3 Coca-Cola Europacific Partners (https://valuechain.wiki/coca-cola-europacific-partners.md)
- T2 Veralto Corporation (https://valuechain.wiki/veralto.md)
- T2 Ralph Lauren Corporation (https://valuechain.wiki/ralph-lauren.md)
- T3 Alibaba Group (https://valuechain.wiki/alibaba.md)
- T3 JD.com (https://valuechain.wiki/jd-com.md)
- T1 Equinix (https://valuechain.wiki/equinix.md)
- T2 VeriSign, Inc. (https://valuechain.wiki/verisign.md)
- T3 GoDaddy (https://valuechain.wiki/godaddy.md)

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Full node: https://valuechain.wiki/legrand.md · JSON: https://valuechain.wiki/legrand.json