La-Z-Boy Incorporated (LZB) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

La-Z-Boy Incorporated

NYSE•Consumer Cyclical•Furnishings, Fixtures & Appliances

$30.18-0.14(<0.01%)After hours

Market Cap

$1.18B

P/E

14.5x

P/S

0.6x

P/B

1.2x

La-Z-Boy Incorporated manufactures, markets, imports, exports, distributes, and retails upholstery furniture products in the United States and internationally. The company operates through Wholesale and Retail segments. Its Wholesale segment manufactures and imports upholstered furniture, such as recliners and motion furniture, sofas, loveseats, chairs, sectionals, modulars, ottomans, and sleeper sofas; and imports, casegoods (wood) furniture, including bedroom sets, dining room sets, entertainment centers, and occasional pieces. This segment sells its products directly to La-Z-Boy Stores, operators of La-Z-Boy Comfort Studio and branded space locations, England Custom Comfort Center locations, dealers, and other independent retailers. The Retail segment sells upholstered furniture, casegoods, and other home furnishing accessories to the end consumer through its retail stores. It licenses La-Z-Boy brand name on various products; and operates Joybird, an omni-channel, direct to consumer retailer and manufacturer of upholstered furniture, as well as sells to the end consumer primarily online through its www.joybird.com website and small-format stores in key markets. The company was formerly known as La-Z-Boy Chair Company and changed its name to La-Z-Boy Incorporated in 1996. La-Z-Boy Incorporated was founded in 1927 and is headquartered in Monroe, Michigan.

How this company scores

AverageMetricSide Score: 55/100

Strongest: Cash & Earnings Quality (21/25); weakest: Profitability (6/25).

Profitability6/25

Growth13/25

Balance Sheet & Red Flags15/25

Cash & Earnings Quality21/25

Strengths

Interest easily coveredCash-backed earningsConsistent growthNet cash position

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 14.5x5y range 6.4x – 18.7x

Currently near its 20-quarter median.

P/S · 0.6x5y range 0.4x – 0.9x

Currently near its 20-quarter median.

P/B · 1.2x5y range 1.2x – 1.9x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Margin Pressure

Watch

Operating margins declined 19.3% — watch for continued compression, which may signal competitive or cost pressure.

Cash Burn

Watch

FCF turned negative in 2 of the last 8 quarters — occasional cash consumption.

Price & Volume

Market Cap $1.18B

Metrics at a Glance

as of July 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $2.11B
Q. Revenue: $475.69M
TTM EBITDA: $153.92M
TTM Op. Income: $105.12M
Q. Op. Income: $-2.10M
TTM Net Income: $81.49M
Q. Net Income: $-2.29M
EPS: $-0.06
Shares Out.: $39.99M

$2.11B in TTM revenue grew 0.2% YoY, reaching $475.69M last quarter. TTM EBITDA of $153.92M and TTM operating income of $105.12M show growth is flowing through to the bottom line. TTM net income of $81.49M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has fallen for 2 consecutive quarters — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 43.9%
EBITDA Margin: 2.2%
Op. Margin: -0.4%
Net Margin: -0.5%

Op. margin of -0.4% is down 4.9% YoY — costs are rising relative to revenue. Net margin at -0.5% and gross margin of 43.9% show how much of each revenue dollar survives to profit. Over the past year, operating margin is down 110% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 14.5x
P/S Ratio: 0.6x
P/B Ratio: 1.2x

At 14.5x P/E, the stock trades below typical market levels. P/S of 0.6x and P/B of 1.2x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is down 16% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $1.99B
Cash: $267.25M
Long-Term Debt: N/A
Book Value: $1.01B
D/E Ratio: N/A
Debt/EBITDA: 0.0

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $15.65M
TTM Free Cash Flow: $102.33M
FCF Margin: 4.8%
FCF / Net Income: 1.3

TTM FCF of $102.33M on $15.65M in operating cash flow. The FCF / Net Income ratio of 1.3x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has fallen for 2 consecutive quarters — a weakening trend.