LA-Z-BOY INC LZB
Last close
32.76
2026-09-04
Market cap
$1.31B
2026-07-25 share count
52-week range
29.03 - 44.90
Valuation FY2025 figures against the last close
P/S0.6x
P/E13.3x
P/FCF10.3x
EV/EBITDA7.4x
Dividend yield2.9%
Diluted EPS2.47
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.13B | $2.11B | $2.05B | $2.35B | $2.36B | $1.73B | $1.70B | $1.75B | $1.58B | $1.52B |
| Cost of revenue | $1.19B | $1.18B | $1.17B | $1.38B | $1.48B | $994.0M | $982.5M | $1.04B | $961.2M | $910.8M |
| Gross profit | $936.6M | $926.4M | $881.7M | $964.7M | $879.8M | $740.3M | $721.4M | $702.6M | $622.7M | $609.3M |
| R&D | $10.8M | $9.9M | $9.6M | $9.1M | $9.0M | $7.6M | $10.8M | $9.1M | $7.9M | $8.0M |
| SG&A | $787.4M | $770.0M | $730.9M | $753.3M | $673.0M | $603.5M | $575.8M | $572.9M | $493.4M | $476.0M |
| Operating income | $129.2M | $135.8M | $150.8M | $211.4M | $206.8M | $136.7M | $118.8M | $129.7M | $129.4M | $133.3M |
| Interest expense | $524.0K | $545.0K | $455.0K | $536.0K | — | — | — | — | — | — |
| Pre-tax income | $138.8M | $147.1M | $165.8M | $205.8M | $205.5M | $145.9M | $115.2M | $95.3M | $128.9M | $130.7M |
| Income tax | $35.9M | $46.2M | $41.1M | $53.8M | $53.2M | $38.4M | $36.2M | $25.2M | $47.3M | $43.8M |
| Net income | $102.0M | $99.6M | $122.6M | $150.7M | $150.0M | $106.5M | $77.5M | $68.6M | $80.9M | $85.9M |
| EPS, basic | 2.49 | 2.39 | 2.86 | 3.49 | 3.41 | 2.31 | 1.67 | 1.46 | 1.69 | 1.75 |
| EPS, diluted | 2.47 | 2.35 | 2.83 | 3.48 | 3.39 | 2.30 | 1.66 | 1.44 | 1.67 | 1.73 |
| Shares, diluted (wtd. avg.) | $41.3M | $42.3M | $43.3M | $43.2M | $44.3M | $46.4M | $46.7M | $47.3M | $48.1M | $49.5M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $303.2M | $328.4M | $341.1M | $346.7M | $248.9M | $394.7M | $263.5M | $131.8M | $136.9M | $150.9M |
| Receivables | $131.0M | $139.5M | $139.2M | $125.5M | $183.7M | $139.3M | $99.4M | $143.3M | $154.1M | $150.8M |
| Inventory | $218.4M | $255.3M | $263.2M | $276.3M | $303.2M | $226.1M | $181.6M | $196.9M | $184.8M | $175.1M |
| Total current assets | $773.9M | $805.7M | $836.8M | $854.6M | $951.8M | $926.2M | $626.3M | $541.1M | $518.2M | $517.4M |
| Property, plant and equipment | $356.7M | $339.2M | $298.2M | $278.6M | $253.1M | $219.2M | $214.8M | $200.5M | $180.9M | $169.1M |
| Goodwill | $243.3M | $205.6M | $214.5M | $205.0M | $194.6M | $175.8M | $161.0M | $185.9M | $75.3M | $74.2M |
| Other intangibles | $77.6M | $51.2M | $47.3M | $39.4M | $34.0M | $30.4M | $28.7M | $29.9M | $18.2M | $18.5M |
| Total assets | $2.04B | $1.92B | $1.91B | $1.87B | $1.93B | $1.79B | $1.43B | $1.06B | $893.0M | $888.9M |
| Accounts payable | $101.9M | $96.0M | $96.5M | $107.5M | $104.0M | $94.2M | $55.5M | $65.4M | $62.4M | $51.3M |
| Short-term debt | — | — | — | — | — | $0 | $75.0M | $0 | — | — |
| Total current liabilities | $429.9M | $420.8M | $437.3M | $475.9M | $675.7M | $611.7M | $350.2M | $238.6M | $181.3M | $198.7M |
| Retained earnings | $610.4M | $597.4M | $598.0M | $545.2M | $431.2M | $399.0M | $343.6M | $325.8M | $291.6M | $284.7M |
| Total equity | $1.05B | $1.02B | $1.01B | $952.1M | $819.6M | $782.1M | $716.3M | $697.0M | $625.2M | $601.1M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $204.1M | $187.3M | $158.1M | $205.2M | $79.0M | $309.9M | $164.2M | $150.7M | $115.8M | $148.0M |
| Depreciation and amortisation | $47.4M | $46.7M | $48.6M | $40.2M | $39.8M | $33.0M | $31.2M | $31.1M | $31.8M | $29.1M |
| Stock-based compensation | $15.7M | $17.4M | $14.4M | $12.5M | $11.9M | $12.7M | $8.4M | $11.0M | $9.5M | $8.9M |
| Capital expenditure | $76.3M | $74.3M | $53.6M | $68.8M | $76.6M | $38.0M | $46.0M | $48.4M | $36.3M | $20.3M |
| Investing cash flow | -$138.6M | -$98.4M | -$81.6M | -$70.1M | -$78.4M | -$40.7M | -$33.9M | -$121.7M | -$55.2M | -$65.2M |
| Financing cash flow | -$91.1M | -$102.6M | -$81.2M | -$37.1M | -$144.6M | -$141.1M | $2.6M | -$33.7M | -$76.3M | -$53.4M |
| Dividends paid | $37.9M | $35.0M | $32.7M | $29.9M | $27.7M | — | $25.1M | $23.5M | $22.0M | $20.7M |
| Buybacks | $47.3M | $77.9M | $52.8M | $5.0M | $90.6M | $44.2M | $43.4M | $23.0M | $56.7M | $36.0M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000057131-26-000024.
Others in SIC 2510
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| SGI | SOMNIGROUP INTERNATIONAL INC. | $14.70B | 38.0x | 51.6% |
| LEG | LEGGETT & PLATT INC | $1.26B | 5.4x | -7.5% |
| CODI | Compass Diversified Holdings | $878.0M | — | 4.8% |
| XMAX | XMax Inc. | $556.8M | — | 72.6% |
| FLXS | FLEXSTEEL INDUSTRIES INC | $336.2M | 13.5x | 4.1% |
| HOFT | HOOKER FURNISHINGS Corp | $140.9M | — | -12.4% |
| PRPL | Purple Innovation, Inc. | $16.6M | 7.9x | -3.9% |
| NTZ | NATUZZI S P A | — | — | — |