# La-Z-Boy Inc. (LZB)

**Exchange:** NYSE  
**Sector:** Consumer Cyclical  
**Market cap:** $1.60B  
**Price:** $38.49 (-1.28%)

> La-Z-Boy Inc. is a prominent American manufacturer of residential furniture, widely recognized for its iconic reclining chairs and other comfortable seating options. The company primarily focuses on design, production, and marketing of a broad range of upholstered and wood furniture, including sofas, reclining chairs, stationary chairs, lift chairs, and sleeper sofas. Beyond seating, La-Z-Boy also offers home accents such as tables, rugs, and pillows, appealing to a diverse consumer base seeking style, comfort, and quality.

Established in 1927 and headquartered in Monroe, Michigan, La-Z-Boy has become a staple in the home furnishings industry. Its extensive distribution network includes proprietary stores, independent furniture retailers, and online platforms, allowing broad market reach. La-Z-Boy's commitment to comfort and innovation positions it as a significant player in the residential furniture sector, with a focus on enhancing living spaces through stylish and ergonomic design. The brand is synonymous with durability and relaxation, making it a household name that resonates in markets across North America and an integral part of the consumer durables market.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $2.11B | $926M | $156M | $101M | $2.35 |
| 2025 | $2.11B | $926M | $136M | $100M | $2.35 |
| 2024 | $2.05B | $882M | $151M | $125M | $2.83 |
| 2024 | $2.05B | $882M | $151M | $123M | $2.83 |
| 2023 | $2.35B | $965M | $211M | $152M | $3.48 |
| 2023 | $2.35B | $1.01B | $211M | $151M | $3.48 |
| 2022 | $2.36B | $916M | $207M | $150M | $3.39 |
| 2021 | $1.73B | $740M | $137M | $108M | $2.30 |
| 2021 | $1.73B | $740M | $137M | $106M | $2.30 |
| 2020 | $1.70B | $721M | $146M | $79M | $1.66 |
| 2020 | $1.70B | $721M | $119M | $77M | $1.66 |
| 2019 | $1.75B | $703M | $130M | $69M | $1.44 |
| 2018 | $1.58B | $623M | $129M | $81M | $1.67 |
| 2017 | $1.52B | $607M | $131M | $86M | $1.73 |
| 2016 | $1.53B | $582M | $122M | $79M | $1.55 |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $1.92B | $890M | $1.03B | $328M | $410M |
| 2025 | $1.92B | — | $1.03B | $328M | — |
| 2024 | $1.91B | $900M | $1.01B | $341M | $405M |
| 2024 | $1.91B | — | $1.01B | $341M | — |
| 2023 | $1.87B | $914M | $952M | $343M | $368M |
| 2023 | $1.87B | — | $952M | $343M | — |
| 2022 | $1.93B | $1.11B | $820M | $246M | $355M |
| 2021 | $1.79B | $1.00B | $782M | $391M | $295M |
| 2021 | $1.79B | — | $782M | $391M | — |
| 2020 | $1.43B | $719M | $716M | $262M | $270M |
| 2020 | $1.43B | — | $716M | $262M | — |
| 2019 | $1.06B | — | $697M | $130M | — |
| 2018 | $893M | — | $625M | $135M | — |
| 2017 | $889M | — | $601M | $142M | — |
| 2016 | $800M | — | $557M | $112M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $166M | — | $113M |
| 2025 | — | $74M | $113M |
| 2024 | $167M | — | $105M |
| 2024 | — | $54M | $105M |
| 2023 | $191M | — | $136M |
| 2023 | — | $69M | $136M |
| 2022 | $87M | $77M | $2M |
| 2021 | $277M | — | $272M |
| 2021 | — | $38M | $272M |
| 2020 | $145M | — | $118M |
| 2020 | — | $46M | $118M |
| 2019 | — | $48M | $102M |
| 2018 | — | $36M | $79M |
| 2017 | — | $20M | $126M |
| 2016 | — | $25M | $88M |

Source: [DividendWall](https://dividendwall.com/company/LZB)