La-Z-Boy (LZB) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2025Income Metrics
Revenue
2.1B
Gross Profit
926.4M
43.92%
Operating Income
156.4M
7.42%
Net Income
101.0M
4.79%
EPS (Diluted)
$2.35
Balance Sheet Metrics
Total Assets
1.9B
Total Liabilities
890.2M
Shareholders Equity
1.0B
Debt to Equity
0.86
Cash Flow Metrics
Operating Cash Flow
166.1M
Free Cash Flow
113.0M
Revenue & Profitability Trend
La-Z-Boy Income Statement From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 2.1B | 2.0B | 2.3B | 2.4B | 1.7B |
| Cost of Goods Sold | 1.2B | 1.2B | 1.4B | 1.5B | 994.0M |
| Gross Profit | 926.4M | 881.7M | 964.7M | 879.8M | 740.3M |
| Operating Expenses | 770.0M | 730.9M | 753.3M | 673.0M | 603.5M |
| Operating Income | 156.4M | 150.8M | 211.4M | 206.8M | 136.7M |
| Pre-tax Income | 147.1M | 165.8M | 205.8M | 205.5M | 145.9M |
| Income Tax | 46.2M | 41.1M | 53.8M | 53.2M | 38.4M |
| Net Income | 101.0M | 124.6M | 151.9M | 152.3M | 107.5M |
| EPS (Diluted) | $2.35 | $2.83 | $3.48 | $3.39 | $2.30 |
Income Statement Trend
La-Z-Boy Balance Sheet From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 805.7M | 836.8M | 854.6M | 951.8M | 926.2M |
| Non-Current Assets | 1.1B | 1.1B | 1.0B | 980.3M | 860.2M |
| Total Assets | 1.9B | 1.9B | 1.9B | 1.9B | 1.8B |
| Liabilities | |||||
| Current Liabilities | 420.8M | 437.3M | 475.9M | 675.7M | 611.7M |
| Non-Current Liabilities | 469.4M | 462.8M | 438.3M | 436.8M | 392.5M |
| Total Liabilities | 890.2M | 900.1M | 914.2M | 1.1B | 1.0B |
| Equity | |||||
| Total Shareholders Equity | 1.0B | 1.0B | 952.1M | 819.6M | 782.1M |
Balance Sheet Composition
La-Z-Boy Cash Flow Statement From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 101.0M | 124.6M | 151.9M | 152.3M | 107.5M |
| Operating Cash Flow | 166.1M | 167.5M | 191.2M | 87.4M | 277.0M |
| Investing Activities | |||||
| Capital Expenditures | - | - | - | - | - |
| Investing Cash Flow | -24.1M | -28.0M | -1.3M | -1.8M | -2.7M |
| Financing Activities | |||||
| Dividends Paid | -35.0M | -32.7M | -29.9M | -27.7M | -16.5M |
| Financing Cash Flow | -115.0M | -92.1M | -40.0M | -142.7M | -150.1M |
| Free Cash Flow | 113.0M | 104.6M | 136.4M | 2.4M | 272.0M |
Cash Flow Trend
La-Z-Boy Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
16.28
Forward P/E
11.35
Price to Book
1.54
Price to Sales
0.74
PEG Ratio
11.35
Profitability Ratios
Profit Margin
4.72%
Operating Margin
9.13%
Return on Equity
9.87%
Return on Assets
5.16%
Financial Health
Current Ratio
1.92
Debt to Equity
47.57
Beta
1.32
Per Share Data
EPS (TTM)
$2.35
Book Value per Share
$24.79
Revenue per Share
$50.70
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| lzb | 1.6B | 16.28 | 1.54 | 9.87% | 4.72% | 47.57 |
| SomniGroup | 13.8B | 42.39 | 5.03 | 17.90% | 5.14% | 252.30 |
| SharkNinja | 13.3B | 29.88 | 6.53 | 24.75% | 7.86% | 45.66 |
| MasterBrand | 1.3B | 13.75 | 1.03 | 8.02% | 3.74% | 86.45 |
| Leggett & Platt | 1.3B | 13.03 | 1.68 | -50.31% | -11.89% | 281.93 |
| Steelcase | 1.2B | 10.31 | 1.26 | 13.13% | 3.81% | 63.12 |
Financial data is updated regularly. All figures are in the company's reporting currency.