La-Z-Boy Incorporated

LZB Consumer Cyclical Furnishings Fixtures & Appliances

La-Z-Boy Incorporated’s revenue for fiscal 2026 (year ended April 2026) was $2.1 billion, up 0.83% from fiscal 2025.

Revenue
−3.36%
EPS
−113.6%
Free cash flow
−100.7%

Quarter to July 2026, against a year earlier

33.06 1.90 +6.10%
Market cap
$1.3B
P/E
15.6×
Fwd P/E
15.2×
Dividend yield
3.11%
F-score
6/9
Altman Z
2.74
Beneish M
−2.72
Dividend safety
92/100

Insider Decisions last twelve months

Sold, $m 3.03
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — 1 — — — 6 — — 2 — —
Insider Ownership 2.11%

Capital & Financial Ratios $m

Size
Market Cap 1,250.00
Revenue ttm 2,110.10
Net income ttm 82.63
Free cash flow ttm 135.76
Net debt Q (267.25)
Valuation
P/E 15.64
Forward P/E 15.20
Price / sales 0.59
Forward P/S Powerpack
Price / FCF 9.17
Price / book 1.21
Financial health
Current ratio Q 1.66 (at or above 1.5: strong)
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q (9.70)
Growth
Revenue growth Q −3.36% (below 0%: shrinking)
Operating income growth Q −109.57% (below 0%: shrinking)
EPS, this year −17.21% (below 0%: weak)
EPS, next year A +11.79%
Revenue, next year A −2.29% (below 0%: weak)
EPS, past 5 yrs +1.44%
EPS, next 5 yrs A +0.22%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 48.15%
10-year low 10-year high
P/S against its own 10 years 16.70%
10-year low 10-year high
P/B against its own 10 years 3.93%
10-year low 10-year high
EV/Sales against its own 10 years 18.13%
10-year low 10-year high
EV/FCF against its own 10 years 21.91%
10-year low 10-year high

Dividends raised 5 years running

Yield
3.11%
Annual rate
0.97
Payout ratio
49.1%
Growth, 2017–25
+9.08%/yr
  1. 0.45 ’17
  2. 0.49 ’18 +9
  3. 0.53 ’19 +8
  4. 0.35 ’20 −34
  5. 0.62 ’21 +76
  6. 0.68 ’22 +10
  7. 0.74 ’23 +10
  8. 0.82 ’24 +10
  9. 0.90 ’25 +10
  10. 0.92 ’26e +2
paid forecast change on the year, % Powerpack

Assets vs Liabilities $m

2024 2025 2026 Q'26
Cash 341 328 303 267
Receivables 139 140 131 118
Inventory 263 255 218 234
Other 93 82 121 127
837 806 774 746
2024 2025 2026 Q'26
Payables 96 96 102 113
ST’ Debt — — — —
Other — — — —
437 421 430 448

Compound Annual Growth %

10y 5y 3y
Sales 3.38% 4.16% (3.27%)
Cash Flow 5.95% (8.01%) (0.17%)
Earnings 2.61% (0.86%) (12.20%)
Book Value 6.67% 6.32% 3.73%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Jul Oct Jan Apr Year
’26 (0.06) — — — —
’26 0.44 0.70 0.52 0.81 2.47
’25 0.61 0.71 0.68 0.36 2.35
’24 0.63 0.63 0.66 0.91 2.83
’23 0.89 1.07 0.74 0.79 3.48
’22 0.54 0.89 0.65 1.33 3.39
’21 0.10 0.75 0.62 0.81 2.30
Fiscal quarters ending in the months shown.

Revenue $m

Jul Oct Jan Apr Year
’26 476 — — — —
’26 492 522 542 570 2,127
’25 496 521 522 571 2,109
’24 482 511 500 554 2,047
’23 604 611 573 561 2,349
’22 525 576 572 685 2,357
’21 285 459 470 519 1,734
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Jul Oct Jan Apr Year
’26 16 — — — —
’26 36 50 89 28 204
’25 52 16 57 62 187
’24 26 31 48 53 158
’23 33 (2) 96 78 205
’22 6 9 30 34 79
’21 106 89 54 60 310
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Jul Oct Jan Apr Year
’26 0 — — — —
’26 18 30 76 30 154
’25 37 (1) 38 39 113
’24 16 18 38 37 110
’23 12 (22) 79 67 136
’22 (13) (1) 4 34 25
’21 97 84 43 51 275
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2.3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to April

Ten-year view Analyst estimates Powerpack
Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 TTM Jul ’26 Trend 10 yrs 2027e 2028e 2029e Next 3/yr
Income, $m
Income, $m Revenue 1,520 1,584 1,745 1,704 1,734 2,357 2,349 2,047 2,109 2,127 2,110 +3.8% 2,078 2,163 2,197 +1.1%
Gross margin, % 40.08 39.32 40.25 42.34 42.68 37.33 41.06 43.07 43.92 44.04 44.36 +4.0 pt
EBT 131 129 95 115 146 205 206 166 147 139 111 +0.7%
EBT margin, % 8.60 8.14 5.46 6.76 8.41 8.72 8.76 8.10 6.98 6.53 5.25 (2.1) pt
Net income 87 82 70 79 108 152 152 125 101 103 83 +1.9%
Per share, $
Per share, $ Revenue 31.05 33.26 37.27 36.72 37.71 53.54 54.45 47.74 50.70 51.89 52.76 +5.9%
Earnings 1.73 1.67 1.46 1.67 2.31 3.41 3.49 2.86 2.39 2.49 1.99 +4.1%
Cash flow 3.02 2.43 3.22 3.54 6.74 1.79 4.76 3.69 4.50 4.98 4.59 +5.7%
Capex (0.40) (0.73) (0.99) (0.75) (0.77) (1.23) (1.59) (1.13) (1.78) (1.23) (1.19) +13.3%
Free cash flow 2.62 1.70 2.23 2.79 5.97 0.57 3.16 2.55 2.73 3.75 3.39 +4.1%
Book value 12.28 13.13 14.88 15.44 17.01 18.62 22.07 23.63 24.81 25.93 25.65 +8.7%
Shares, m 49 48 47 46 46 44 43 43 42 41 41 (2.0%)
Valuation, ×
Valuation, × P/E 16.32 17.04 22.47 14.04 19.25 7.93 8.10 11.48 16.53 13.95 15.64 14.7
P/S 0.91 0.87 0.88 0.64 1.18 0.51 0.52 0.69 0.78 0.67 0.59 0.8
P/B 2.31 2.19 2.20 1.52 2.61 1.45 1.28 1.39 1.59 1.34 1.21 1.8
EV/Sales 0.82 0.78 0.80 0.53 0.98 0.42 0.39 0.55 0.65 0.55 0.49 0.6
EV/FCF 9.66 15.28 13.47 6.95 6.19 39.64 6.76 10.20 12.04 7.61 7.57 12.8
Cash, $m
Cash, $m Operating cash flow 148 116 151 164 310 79 205 158 187 204 183 +3.6%
Capex (20) (35) (46) (35) (35) (54) (69) (49) (74) (50) (48) +11.1%
Free cash flow 128 81 104 129 275 25 136 110 113 154 136 +2.0%
Balance, $m
Balance, $m Working capital 319 337 302 276 314 276 379 400 385 344 298 +0.9%
Net debt (150) (136) (132) (189) (395) (249) (347) (341) (328) (303) (267) +8.1%
Shareholders’ equity 601 625 697 716 782 820 952 1,013 1,032 1,063 1,026 +6.5%
Returns, %
Returns, % ROA 10.13 9.08 7.02 6.21 6.61 8.07 7.93 6.49 5.19 5.14 4.16 (5.0) pt
ROIC 18.49 16.54 14.33 14.06 22.06 22.64 21.83 14.02 12.07 10.63 8.66 (7.9) pt
ROE 14.76 13.19 10.37 10.96 14.21 18.73 17.01 12.48 9.73 9.74 7.94 (5.0) pt
People
People Employees 8,950 9,000 9,700 9,500 11,500 12,800 10,500 10,200 10,600 10,200 — +1.5%
Revenue/emp, $m 0.17 0.18 0.18 0.18 0.15 0.18 0.22 0.20 0.20 0.21 — +2.3%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Apr 2026 · latest quarter Jul 2026

La-Z-Boy Incorporated vs peers in Furnishings Fixtures & Appliances (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
ALH Alliance Laundry Holdings Inc. $4.4B 23.7× 19.1× +6.61% (above 0%: growing) +92.52% (above 0%: growing) +2,126.43% (above 0%: growing) 39.83% 22.16% Compare
HNI HNI Corporation $3.5B 109× 19.2× +132.95% (above 0%: growing) +36.67% (above 0%: growing) +44.13% (above 0%: growing) 42.60% 8.58% Compare
TILE Interface, Inc. $2.2B 15.2× 15.3× +5.37% (above 0%: growing) +58.93% (above 0%: growing) +14.82% (above 0%: growing) 45.00% 18.93% Compare
WHR Whirlpool Corporation $2.0B — (loss-making) — (loss-making) −8.83% (below 0%: shrinking) n/m +267.31% (above 0%: growing) 12.86% 0.11% Compare
MLKN MillerKnoll, Inc. $1.5B 15.2× 12.8× −3.38% (below 0%: shrinking) +31.03% (above 0%: growing) +177.93% (above 0%: growing) 41.73% 5.61% Compare
MBC MasterBrand, Inc. $1.4B — (loss-making) — +11.53% (above 0%: growing) n/m +83.07% (above 0%: growing) 25.21% (3.41%) Compare
LZB La-Z-Boy Incorporated $1.3B 15.6× 15.2× −3.36% (below 0%: shrinking) n/m −100.71% (below 0%: shrinking) 43.87% (0.44%)
ETD Ethan Allen Interiors Inc. $510.7M 13.0× 17.7× −8.48% (below 0%: shrinking) −4.17% (below 0%: shrinking) −14.27% (below 0%: shrinking) 63.11% 9.78% Compare
HBB Hamilton Beach Brands Holding Company $438.8M 7.7× — (loss-making) +11.63% (above 0%: growing) +657.58% (above 0%: growing) +283.98% (above 0%: growing) 54.33% 30.29% Compare
Median of peers $1.7B 15.2× 17.7× +5.99% +47.80% +130.50% 42.16% 9.18%

All 30 Furnishings Fixtures & Appliances stocks →

La-Z-Boy Incorporated (LZB) Latest News

17 Oct

8 Sep

25 Aug

Impact 4 · · The Motley Fool transcript

23 Jul

Impact 3 · · retaildive.com

6 Jul

Impact 4 · · supplychaindive.com

25 Jun

Impact 3 · · businessofhome.com

14 Jun

26 May

Impact 3 · · StockStory
stockrow.com/LZB · Data as of Jul 31, 2026 · For information only; not investment advice. · © 2026 stockrow.com