La-Z-Boy Inc. (LZB) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q1 27	$0.49	$0.43	-12.2%	—	$475.7M	—
Q4 26	$0.82	$1.26	+53.7%	—	$570.3M	—
Q3 26	$0.59	$0.61	+3.4%	—	$541.6M	—
Q2 26	$0.54	$0.71	+31.5%	—	$522.5M	—
Q1 26	$0.53	$0.47	-11.3%	—	$492.2M	—
Q4 25	$0.93	$0.92	-1.1%	—	$570.9M	—
Q3 25	$0.67	$0.68	+1.5%	—	$521.8M	—
Q2 25	$0.64	$0.71	+10.9%	—	$521M	—
Q1 25	$0.6	$0.62	+3.3%	—	$495.5M	—
Q4 24	$0.7	$0.95	+35.7%	—	$553.5M	—
Q3 24	$0.72	$0.67	-6.9%	—	$500.4M	—
Q2 24	$0.62	$0.74	+19.4%	—	$511.4M	—
Q1 24	$0.55	$0.62	+12.7%	—	$481.7M	—
Q4 23	$0.72	$0.99	+37.5%	—	$561.3M	—
Q3 23	$0.66	$0.91	+37.9%	—	$572.7M	—
Q2 23	$0.85	$1.05	+23.5%	—	$611.3M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY26	—	$2.49	—	—	$2.1B	—
FY25	—	$2.39	—	—	$2.1B	—
FY24	—	$2.86	—	—	$2B	—
FY23	—	$3.49	—	—	$2.3B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	$1.5B	$1.6B	$1.7B	$1.7B	$1.7B	$2.4B	$2.3B	$2B	$2.1B	$2.1B
YoY change	-0.35%	+4.2%	+10.2%	-2.37%	+1.78%	+35.9%	-0.31%	-12.9%	+3.04%	+0.83%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	1.5B	1.6B	1.7B	1.7B	1.7B	2.4B	2.3B	2B	2.1B	2.1B
Cost of revenue	910.8M	961.2M	1B	982.5M	994M	1.5B	1.4B	1.2B	1.2B	1.2B
Gross profit	609.3M	622.7M	702.6M	721.4M	740.3M	879.8M	964.7M	881.7M	926.4M	936.6M
Gross margin	40.1%	39.3%	40.3%	42.3%	42.7%	37.3%	41.1%	43.1%	43.9%	44%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	476M	493.4M	572.9M	575.8M	603.5M	673M	753.3M	730.9M	770M	787.4M
Operating expenses	476M	493.4M	572.9M	575.8M	603.5M	673M	753.3M	730.9M	770M	787.4M
Operating income	133.3M	129.4M	129.7M	145.6M	136.7M	206.8M	211.4M	150.8M	156.4M	149.2M
Operating margin	8.77%	8.17%	7.43%	8.55%	7.88%	8.77%	9%	7.37%	7.42%	7.01%
Non-operating income, net	-2.5M	-1.6M	-34.9M	-31.9M	9.5M	-1.7M	-11.8M	-71K	-23.6M	-21.7M
Pretax income	130.7M	128.9M	95.3M	115.2M	145.9M	205.5M	205.8M	165.8M	147.1M	138.8M
Income tax	43.8M	47.3M	25.2M	36.2M	38.4M	53.2M	53.8M	41.1M	46.2M	35.9M
Net income	87M	81.6M	70.1M	79M	107.5M	152.3M	151.9M	124.6M	101M	102.9M
Net margin	5.72%	5.15%	4.02%	4.64%	6.2%	6.46%	6.47%	6.09%	4.79%	4.84%
EBITDA	160.9M	161.2M	160.7M	240.3M	245.9M	319.1M	323M	290.9M	291.9M	291.2M
EPS	1.77	1.73	1.46	1.67	2.31	3.41	3.49	2.86	2.39	2.49
Diluted EPS	1.73	1.67	1.44	1.66	2.3	3.39	3.48	2.83	2.35	2.47

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Revenue	511.4M	500.4M	553.5M	495.5M	521M	521.8M	570.9M	492.2M	522.5M	541.6M	570.3M	475.7M
Cost of revenue	288.8M	287.2M	313.5M	282.2M	290.4M	290.4M	319.8M	283M	291.3M	308.1M	307.6M	267M
Gross profit	222.6M	213.3M	240.1M	213.3M	230.6M	231.4M	251.1M	209.2M	231.1M	233.5M	262.8M	208.7M
Gross margin	43.5%	42.6%	43.4%	43.1%	44.3%	44.3%	44%	42.5%	44.2%	43.1%	46.1%	43.9%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	189M	180.7M	190M	181M	191.9M	196.2M	201M	187.2M	195M	203.7M	201.6M	210.8M
Operating expenses	189M	180.7M	190M	181M	191.9M	196.2M	201M	187.2M	195M	203.7M	201.6M	210.8M
Operating income	33.6M	32.6M	50.1M	32.4M	38.8M	35.2M	50.1M	22M	36.2M	29.8M	61.2M	-2.1M
Operating margin	6.57%	6.51%	9.05%	6.53%	7.44%	6.74%	8.78%	4.47%	6.92%	5.5%	10.7%	-0.44%
Non-operating income, net	104K	-639K	-92K	-618K	-1.9M	97K	-21.2M	-585K	-54K	-599K	-20.5M	-4.3M
Pretax income	37.7M	35.9M	54.1M	36M	40.5M	38.6M	32M	24.4M	39.6M	31.8M	43.1M	-3.7M
Income tax	10M	7.3M	13.8M	9.2M	10.7M	9.7M	16.7M	6.1M	10.6M	10M	9.3M	-1.7M
Net income	27.7M	28.7M	40.3M	26.8M	29.9M	28.9M	15.3M	18.3M	29M	21.8M	33.8M	-2M
Net margin	5.41%	5.73%	7.29%	5.41%	5.73%	5.55%	2.69%	3.72%	5.55%	4.03%	5.93%	-0.42%
EBITDA	72.7M	66.8M	85.8M	71M	71.2M	69.8M	59.2M	56.1M	71.9M	66.1M	77.2M	32.3M
EPS	0.63	0.67	—	0.62	0.72	0.69	0.36	0.44	0.7	0.53	0.82	-0.06
Diluted EPS	0.63	0.66	—	0.61	0.71	0.68	0.36	0.44	0.7	0.52	0.81	-0.06

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Market cap	1.4B	1.3B	1.5B	1.1B	2B	1.2B	1.2B	1.4B	1.6B	1.4B	1.2B
Enterprise value	1.2B	1.2B	1.4B	1.2B	2B	1.3B	1.3B	1.5B	1.8B	1.7B	1.5B
Shares outstanding	48.5M	46.8M	46.8M	46.4M	46M	44M	43.1M	42.9M	41.6M	41M	41M

Valuation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
P/E	15.5	16.5	21.9	13.8	19	7.59	8.16	11.3	16.3	13.8	14.8
P/S	0.89	0.85	0.88	0.64	1.18	0.49	0.53	0.69	0.78	0.67	0.56
P/B	2.25	2.16	2.2	1.52	2.61	1.41	1.3	1.39	1.59	1.34	1.16
EV/EBITDA	7.52	7.53	8.75	5.14	8.2	4.2	4.15	5.32	6.19	5.79	7.62
EV/Sales	0.8	0.77	0.81	0.73	1.16	0.57	0.57	0.76	0.86	0.79	0.7
Earnings yield	6.43%	6.06%	4.57%	7.26%	5.26%	13.2%	12.3%	8.85%	6.14%	7.23%	6.74%
FCF yield	9.44%	5.89%	6.66%	10.9%	13.3%	0.21%	11%	7.43%	6.88%	8.98%	15.3%
PEG	—	—	—	—	—	—	—	—	—	—	-0.13

Profitability

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Gross margin	40.1%	39.3%	40.3%	42.3%	42.7%	37.3%	41.1%	43.1%	43.9%	44%	43.9%
Operating margin	8.77%	8.17%	7.43%	8.55%	7.88%	8.77%	9%	7.37%	7.42%	7.01%	2.73%
Net margin	5.72%	5.15%	4.02%	4.64%	6.2%	6.46%	6.47%	6.09%	4.79%	4.84%	3.86%
ROE	14.5%	13.1%	10.1%	11%	13.7%	18.6%	16%	12.3%	9.78%	9.68%	8.05%
ROA	9.79%	9.14%	6.62%	5.5%	6.02%	7.88%	8.14%	6.51%	5.25%	5.04%	4.63%
ROIC	19.3%	16.7%	16.8%	11.6%	13.4%	15.3%	14.8%	9.83%	8.99%	8.35%	7.18%
Return on tangible assets	12.4%	11.6%	11.2%	7.48%	7.83%	10.3%	11%	8.97%	7.17%	7.35%	6.15%

Financial health

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Current ratio	2.6	2.86	2.27	1.79	1.51	1.41	1.8	1.91	1.91	1.8	1.67
Quick ratio	1.72	1.84	1.44	1.27	1.14	0.96	1.22	1.31	1.31	1.29	1.14
Debt / equity	0	0	0	0.57	0.46	0.52	0.47	0.48	0.48	0.53	0.53
Debt / assets	0	0	0	0.29	0.2	0.22	0.24	0.25	0.26	0.28	0.27
Net debt / EBITDA	-0.88	-0.83	-0.81	0.62	-0.12	0.58	0.32	0.48	0.56	0.9	1.11
Interest coverage	122.8	240.6	62.8	90.2	106	230.6	384.9	365.3	271	265.9	179.3
Effective tax rate	33.5%	36.7%	26.4%	31.4%	26.3%	25.9%	26.2%	24.8%	31.4%	25.9%	25.4%

Per share

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Revenue per share	31.4	33.9	37.3	36.7	37.7	53.5	54.5	47.7	50.7	51.9	51.8
EPS (basic)	1.77	1.73	1.46	1.67	2.31	3.41	3.49	2.86	2.39	2.49	2.49
EPS (diluted)	1.73	1.67	1.44	1.66	2.3	3.39	3.48	2.83	2.35	2.47	1.97
Book value per share	12.4	13.4	14.9	15.4	17	18.6	22.1	23.6	24.8	25.9	25.3
FCF per share	2.63	1.7	2.18	2.55	5.91	0.06	3.16	2.44	2.72	3.12	2.56
Cash per share	2.93	2.87	2.77	5.64	8.51	5.58	7.96	7.96	7.9	7.4	6.81
Capex per share	—	—	—	—	—	—	—	—	—	1.86	2.03

Capital allocation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Capex / revenue	—	—	—	—	—	—	—	—	—	3.59%	3.84%
Capex / operating cash flow	—	—	—	—	—	—	—	—	—	37.4%	44.2%
Payout ratio	23.7%	27%	33.5%	31.8%	15.4%	18.2%	19.7%	26.2%	34.6%	36.9%	48%
Dividend yield	1.53%	1.63%	1.53%	2.31%	0.81%	2.4%	2.41%	2.32%	2.13%	2.67%	3.24%

Yield

3.24%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.242

ex-dividend Sep 3, 2026

Payout ratio

48%

of earnings

Dividend growth

5 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Sep 3, 2026	$0.242
Jun 2, 2026	$0.242
Mar 3, 2026	$0.242

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Revenue	$511.4M	$500.4M	$553.5M	$495.5M	$521M	$521.8M	$570.9M	$492.2M	$522.5M	$541.6M	$570.3M	$475.7M
YoY change	-16.3%	-12.6%	-1.38%	+2.88%	+1.88%	+4.27%	+3.13%	-0.67%	+0.28%	+3.8%	-0.09%	-3.36%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Cash & short-term investments	141.9M	134.5M	129.8M	261.6M	391.2M	245.6M	343.4M	341.1M	328.4M	303.2M
Receivables	150.8M	154.1M	143.3M	99.4M	139.3M	183.7M	125.5M	139.2M	139.5M	131M
Inventory	175.1M	184.8M	196.9M	181.6M	226.1M	303.2M	276.3M	263.2M	255.3M	218.4M
Total current assets	517.4M	518.2M	541.1M	626.3M	926.2M	951.8M	854.6M	836.8M	805.7M	773.9M
Property, plant & equipment	-27.7M	-19.5M	-23M	300.4M	328.6M	408.1M	393.3M	406.9M	411.9M	477.8M
Goodwill & intangibles	185.5M	186.9M	431.5M	379.3M	412.5M	457.1M	488.8M	523.4M	513.5M	641.8M
Total assets	888.9M	893M	1.1B	1.4B	1.8B	1.9B	1.9B	1.9B	1.9B	2B
Accounts payable	51.3M	62.4M	65.4M	55.5M	94.2M	104M	107.5M	96.5M	96M	101.9M
Short-term debt	219K	223K	180K	139.4M	67.6M	75.3M	77.8M	77M	80.6M	88.8M
Total current liabilities	198.7M	181.3M	238.6M	350.2M	611.7M	675.7M	475.9M	437.3M	420.8M	429.9M
Long-term debt	296K	199K	19K	270.2M	295M	354.8M	368.2M	404.7M	410.3M	475.5M
Total liabilities	287.8M	267.8M	362.8M	718.6M	1B	1.1B	914.2M	900.1M	890.2M	979.7M
Shareholders' equity	601.1M	625.2M	697M	716.3M	782.1M	819.6M	952.1M	1B	1B	1.1B
Total debt	515K	422K	199K	409.5M	362.6M	430.1M	445.9M	481.8M	490.9M	564.3M
Net debt	-141.3M	-134.1M	-129.6M	148M	-28.6M	184.5M	102.5M	140.7M	162.4M	261.1M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Cash & short-term investments	329.6M	329.3M	341.1M	342.3M	303.1M	314.6M	328.4M	318.5M	338.5M	306.1M	303.2M	267.3M
Receivables	134.4M	119.4M	139.2M	121M	128.5M	127.6M	139.5M	131M	138.3M	123.8M	131M	118.2M
Inventory	268.5M	276.8M	263.2M	271.8M	289.2M	288.7M	255.3M	252.1M	225.6M	235.1M	218.4M	234.3M
Total current assets	841M	850.4M	836.8M	834.4M	819.2M	840.9M	805.7M	793.2M	823.3M	808.7M	773.9M	746.4M
Property, plant & equipment	722.9M	744.8M	406.9M	747.6M	767.8M	775.1M	411.9M	806.7M	809.9M	865.5M	477.8M	862.3M
Goodwill & intangibles	500M	510.3M	523.4M	537.6M	542.6M	544.7M	513.5M	513.2M	510.3M	682.1M	641.8M	650.6M
Total assets	1.9B	1.9B	1.9B	1.9B	1.9B	2B	1.9B	1.9B	2B	2.1B	2B	2B
Accounts payable	98.1M	86.8M	96.5M	94.2M	107.5M	106.6M	96M	99.7M	104M	117.9M	101.9M	113M
Short-term debt	77.4M	77.6M	77M	77.2M	78.6M	79.2M	80.6M	81.5M	82.7M	88.5M	88.8M	89.4M
Total current liabilities	431.8M	439.9M	437.3M	439.9M	434.9M	455.5M	420.8M	416.3M	423.7M	487.5M	429.9M	448.4M
Long-term debt	406.5M	418.1M	404.7M	407M	411.4M	409M	410.3M	420.2M	420.3M	479.9M	475.5M	452.2M
Total liabilities	906.2M	930.4M	900.1M	907.1M	907.9M	926.7M	890.2M	897.9M	907.3M	1B	979.7M	968.9M
Shareholders' equity	973.8M	987.9M	1B	1B	1B	1B	1B	1B	1.1B	1.1B	1.1B	1B
Total debt	483.9M	495.8M	481.8M	484.3M	490M	488.2M	490.9M	501.7M	502.9M	568.5M	564.3M	541.5M
Net debt	154.2M	166.4M	140.7M	142M	187M	173.6M	162.4M	183.2M	164.4M	262.3M	261.1M	274.3M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Net income	87M	81.6M	70.1M	79M	107.5M	152.3M	151.9M	124.6M	101M	102.9M
Depreciation & amortization	29.1M	31.8M	31.1M	98.9M	98.6M	112.7M	116.7M	124.7M	123.6M	131.9M
Stock-based compensation	8.9M	9.5M	11M	8.4M	12.7M	11.9M	12.5M	14.4M	17.4M	15.7M
Change in working capital	26.3M	-280K	13.3M	-39.6M	58.2M	-189.5M	-89.9M	-96.3M	-75.8M	-63.2M
Operating cash flow	149.5M	135.6M	116.9M	145.4M	277M	87.4M	191.2M	167.5M	166.1M	204.1M
Capital expenditure	—	—	—	—	—	—	—	—	—	-76.3M
Investing cash flow	-44.9M	-18.9M	-73.3M	12.1M	-2.7M	-1.8M	-1.3M	-28M	-24.1M	-138.6M
Dividends paid	-20.7M	-22M	-23.5M	-25.1M	-16.5M	-27.7M	-29.9M	-32.7M	-35M	-37.9M
Share repurchases	-36M	-56.7M	-23M	-43.4M	-44.2M	-90.6M	-5M	-52.8M	-77.9M	-47.3M
Financing cash flow	-55.2M	-79.2M	-47.6M	74.5M	-150.1M	-142.7M	-40M	-92.1M	-115M	-86.9M
Net change in cash	49.5M	37.5M	-3.9M	232M	124.2M	-57.1M	149.9M	47.4M	27.1M	-21.4M
Free cash flow	127.7M	79.4M	102.3M	118.2M	272M	2.4M	136.4M	104.6M	113M	127.8M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Net income	27.7M	28.7M	40.3M	26.8M	29.9M	28.9M	15.3M	18.3M	29M	21.8M	33.8M	-2M
Depreciation & amortization	34.9M	30.8M	31.5M	34.9M	30.6M	31.1M	27.1M	31.6M	32.2M	34.2M	33.9M	35.7M
Stock-based compensation	4.8M	3.7M	3.4M	3.2M	5.9M	4.4M	4M	3.4M	4.8M	3.5M	3.9M	2.9M
Change in working capital	-40.4M	-2.4M	-31.1M	-13.4M	-62.3M	-6.9M	6.8M	-21.6M	-20.7M	13.3M	-34.2M	-46.5M
Operating cash flow	27M	60.8M	44.1M	51.5M	4M	57.5M	53.2M	36.3M	50M	89.4M	28.4M	15.6M
Capital expenditure	—	—	—	—	—	—	—	-18.5M	-20.5M	-17.8M	-19.6M	-23.3M
Investing cash flow	419K	-17.2M	-12M	-1.6M	-11.2M	-6.9M	-4.5M	-18.8M	-20M	-98.9M	-869K	-13M
Dividends paid	-7.8M	-8.5M	-8.5M	-8.4M	-8.4M	-9.1M	-9.1M	-9M	-9.1M	-10M	-9.9M	-9.7M
Share repurchases	-10M	-20M	-12.8M	-33.7M	-19.5M	-11.2M	-13.5M	-12.5M	-809K	-13.7M	-20.2M	-25.1M
Financing cash flow	-17.9M	-28.7M	-21.4M	-42.2M	-28M	-20.5M	-22.8M	-22.5M	-10.2M	-23.9M	-30.3M	-35M
Net change in cash	9.5M	14.9M	10.7M	7.7M	-35.2M	30.1M	25.9M	-5.1M	19.9M	-33.5M	-2.8M	-32.4M
Free cash flow	17.9M	36.9M	37.3M	36.7M	-1.2M	38.2M	39.3M	17.8M	29.6M	71.6M	8.8M	-7.6M

Date	Ratio
Sep 15, 1998	3:1
Sep 15, 1987	4:1

La-Z-Boy Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history