LA-Z-BOY INC (LZB) Fundamental Analysis & Valuation

NYSE:LZB • US5053361078

33.52 USD
-0.35 (-1.03%)
At close: Mar 10, 2026
33.52 USD
0 (0%)
After Hours: 3/10/2026, 8:04:00 PM

This LZB fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

5

Overall LZB gets a fundamental rating of 5 out of 10. We evaluated LZB against 60 industry peers in the Household Durables industry. Both the profitability and the financial health of LZB get a neutral evaluation. Nothing too spectacular is happening here. LZB is valued correctly, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

5

1. LZB Profitability Analysis

1.1 Basic Checks

  • In the past year LZB was profitable.
  • In the past year LZB had a positive cash flow from operations.
  • LZB had positive earnings in each of the past 5 years.
  • LZB had a positive operating cash flow in each of the past 5 years.
LZB Yearly Net Income VS EBIT VS OCF VS FCFLZB Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M

1.2 Ratios

  • Looking at the Return On Assets, with a value of 4.01%, LZB is in line with its industry, outperforming 55.00% of the companies in the same industry.
  • LZB has a Return On Equity (8.02%) which is comparable to the rest of the industry.
  • With a Return On Invested Capital value of 6.21%, LZB perfoms like the industry average, outperforming 45.00% of the companies in the same industry.
  • LZB had an Average Return On Invested Capital over the past 3 years of 8.59%. This is in line with the industry average of 9.06%.
Industry RankSector Rank
ROA 4.01%
ROE 8.02%
ROIC 6.21%
ROA(3y)6.55%
ROA(5y)6.68%
ROE(3y)12.66%
ROE(5y)14.05%
ROIC(3y)8.59%
ROIC(5y)9.19%
LZB Yearly ROA, ROE, ROICLZB Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15

1.3 Margins

  • LZB has a Profit Margin (3.93%) which is comparable to the rest of the industry.
  • In the last couple of years the Profit Margin of LZB has remained more or less at the same level.
  • LZB has a Operating Margin of 6.49%. This is comparable to the rest of the industry: LZB outperforms 46.67% of its industry peers.
  • LZB's Operating Margin has declined in the last couple of years.
  • LZB has a better Gross Margin (43.48%) than 81.67% of its industry peers.
  • LZB's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 6.49%
PM (TTM) 3.93%
GM 43.48%
OM growth 3Y-5.45%
OM growth 5Y-2.81%
PM growth 3Y-9.48%
PM growth 5Y0.77%
GM growth 3Y4.16%
GM growth 5Y0.74%
LZB Yearly Profit, Operating, Gross MarginsLZB Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40

6

2. LZB Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), LZB is destroying value.
  • Compared to 1 year ago, LZB has less shares outstanding
  • Compared to 5 years ago, LZB has less shares outstanding
  • LZB has a worse debt/assets ratio than last year.
LZB Yearly Shares OutstandingLZB Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10M 20M 30M 40M
LZB Yearly Total Debt VS Total AssetsLZB Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B

2.2 Solvency

  • An Altman-Z score of 2.62 indicates that LZB is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • With a Altman-Z score value of 2.62, LZB is not doing good in the industry: 61.67% of the companies in the same industry are doing better.
  • There is no outstanding debt for LZB. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Altman-Z 2.62
ROIC/WACC0.66
WACC9.41%
LZB Yearly LT Debt VS Equity VS FCFLZB Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B

2.3 Liquidity

  • LZB has a Current Ratio of 1.66. This is a normal value and indicates that LZB is financially healthy and should not expect problems in meeting its short term obligations.
  • The Current ratio of LZB (1.66) is worse than 78.33% of its industry peers.
  • A Quick Ratio of 1.18 indicates that LZB should not have too much problems paying its short term obligations.
  • LZB has a Quick ratio (1.18) which is in line with its industry peers.
Industry RankSector Rank
Current Ratio 1.66
Quick Ratio 1.18
LZB Yearly Current Assets VS Current LiabilitesLZB Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M

3

3. LZB Growth Analysis

3.1 Past

  • The earnings per share for LZB have decreased by -8.45% in the last year.
  • The Earnings Per Share has been growing slightly by 6.39% on average over the past years.
  • Looking at the last year, LZB shows a small growth in Revenue. The Revenue has grown by 1.69% in the last year.
  • The Revenue has been growing slightly by 4.36% on average over the past years.
EPS 1Y (TTM)-8.45%
EPS 3Y-2.07%
EPS 5Y6.39%
EPS Q2Q%-10.29%
Revenue 1Y (TTM)1.69%
Revenue growth 3Y-3.63%
Revenue growth 5Y4.36%
Sales Q2Q%3.8%

3.2 Future

  • LZB is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.20% yearly.
  • The Revenue is expected to grow by 1.89% on average over the next years.
EPS Next Y-9.34%
EPS Next 2Y1.3%
EPS Next 3Y4.28%
EPS Next 5Y6.2%
Revenue Next Year1.51%
Revenue Next 2Y1.8%
Revenue Next 3Y2.28%
Revenue Next 5Y1.89%

3.3 Evolution

  • The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
LZB Yearly Revenue VS EstimatesLZB Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 500M 1B 1.5B 2B
LZB Yearly EPS VS EstimatesLZB Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 1 2 3

5

4. LZB Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 12.37 indicates a correct valuation of LZB.
  • Compared to the rest of the industry, the Price/Earnings ratio of LZB is on the same level as its industry peers.
  • When comparing the Price/Earnings ratio of LZB to the average of the S&P500 Index (26.25), we can say LZB is valued rather cheaply.
  • With a Price/Forward Earnings ratio of 11.15, the valuation of LZB can be described as very reasonable.
  • Based on the Price/Forward Earnings ratio, LZB is valued a bit cheaper than the industry average as 73.33% of the companies are valued more expensively.
  • LZB's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 24.39.
Industry RankSector Rank
PE 12.37
Fwd PE 11.15
LZB Price Earnings VS Forward Price EarningsLZB Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • LZB's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. LZB is cheaper than 78.33% of the companies in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of LZB indicates a rather cheap valuation: LZB is cheaper than 81.67% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 8.67
EV/EBITDA 5.72
LZB Per share dataLZB EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30 40 50

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)1.94
EPS Next 2Y1.3%
EPS Next 3Y4.28%

6

5. LZB Dividend Analysis

5.1 Amount

  • LZB has a Yearly Dividend Yield of 2.74%. Purely for dividend investing, there may be better candidates out there.
  • LZB's Dividend Yield is rather good when compared to the industry average which is at 1.24. LZB pays more dividend than 85.00% of the companies in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.82, LZB pays a better dividend.
Industry RankSector Rank
Dividend Yield 2.74%

5.2 History

  • The dividend of LZB is nicely growing with an annual growth rate of 9.12%!
  • LZB has paid a dividend for at least 10 years, which is a reliable track record.
  • LZB has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)9.12%
Div Incr Years4
Div Non Decr Years4
LZB Yearly Dividends per shareLZB Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.2 0.4 0.6 0.8

5.3 Sustainability

  • LZB pays out 44.43% of its income as dividend. This is a bit on the high side, but may be sustainable.
  • The dividend of LZB is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP44.43%
EPS Next 2Y1.3%
EPS Next 3Y4.28%
LZB Yearly Income VS Free CF VS DividendLZB Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M 250M
LZB Dividend Payout.LZB Dividend Payout, showing the Payout Ratio.LZB Dividend Payout.PayoutRetained Earnings

LZB Fundamentals: All Metrics, Ratios and Statistics

LA-Z-BOY INC

NYSE:LZB (3/10/2026, 8:04:00 PM)

After market: 33.52 0 (0%)

33.52

-0.35 (-1.03%)

Chartmill FA Rating
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)02-17
Earnings (Next)06-15
Inst Owners102.66%
Inst Owner Change0.17%
Ins Owners2.62%
Ins Owner Change-0.04%
Market Cap1.37B
Revenue(TTM)2.13B
Net Income(TTM)83.64M
Analysts80
Price Target45.39 (35.41%)
Short Float %4.23%
Short Ratio3.89
Dividend
Industry RankSector Rank
Dividend Yield 2.74%
Yearly Dividend0.84
Dividend Growth(5Y)9.12%
DP44.43%
Div Incr Years4
Div Non Decr Years4
Ex-Date03-03
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)4.63%
Min EPS beat(2)-6.6%
Max EPS beat(2)15.87%
EPS beat(4)1
Avg EPS beat(4)-2.04%
Min EPS beat(4)-15.39%
Max EPS beat(4)15.87%
EPS beat(8)4
Avg EPS beat(8)4.69%
EPS beat(12)7
Avg EPS beat(12)7.87%
EPS beat(16)11
Avg EPS beat(16)12.65%
Revenue beat(2)1
Avg Revenue beat(2)-0.24%
Min Revenue beat(2)-0.98%
Max Revenue beat(2)0.49%
Revenue beat(4)2
Avg Revenue beat(4)-0.11%
Min Revenue beat(4)-1.35%
Max Revenue beat(4)1.39%
Revenue beat(8)6
Avg Revenue beat(8)1.24%
Revenue beat(12)9
Avg Revenue beat(12)0.85%
Revenue beat(16)13
Avg Revenue beat(16)1.63%
PT rev (1m)4.71%
PT rev (3m)4.71%
EPS NQ rev (1m)-16.17%
EPS NQ rev (3m)-16.17%
EPS NY rev (1m)-0.63%
EPS NY rev (3m)-0.63%
Revenue NQ rev (1m)-2.98%
Revenue NQ rev (3m)-3.13%
Revenue NY rev (1m)-0.46%
Revenue NY rev (3m)-0.46%
Valuation
Industry RankSector Rank
PE 12.37
Fwd PE 11.15
P/S 0.64
P/FCF 8.67
P/OCF 5.77
P/B 1.32
P/tB 1.96
EV/EBITDA 5.72
EPS(TTM)2.71
EY8.08%
EPS(NY)3.01
Fwd EY8.97%
FCF(TTM)3.87
FCFY11.53%
OCF(TTM)5.81
OCFY17.33%
SpS51.98
BVpS25.48
TBVpS17.14
PEG (NY)N/A
PEG (5Y)1.94
Graham Number39.41
Profitability
Industry RankSector Rank
ROA 4.01%
ROE 8.02%
ROCE 8.63%
ROIC 6.21%
ROICexc 7.69%
ROICexgc 10.46%
OM 6.49%
PM (TTM) 3.93%
GM 43.48%
FCFM 7.44%
ROA(3y)6.55%
ROA(5y)6.68%
ROE(3y)12.66%
ROE(5y)14.05%
ROIC(3y)8.59%
ROIC(5y)9.19%
ROICexc(3y)11.28%
ROICexc(5y)12.34%
ROICexgc(3y)14.64%
ROICexgc(5y)16.2%
ROCE(3y)11.95%
ROCE(5y)12.79%
ROICexgc growth 3Y-14.13%
ROICexgc growth 5Y-4.21%
ROICexc growth 3Y-13.73%
ROICexc growth 5Y-4.28%
OM growth 3Y-5.45%
OM growth 5Y-2.81%
PM growth 3Y-9.48%
PM growth 5Y0.77%
GM growth 3Y4.16%
GM growth 5Y0.74%
F-Score5
Asset Turnover1.02
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Debt/EBITDA 0
Cap/Depr 168.14%
Cap/Sales 3.74%
Interest Coverage 250
Cash Conversion 128.24%
Profit Quality 189.15%
Current Ratio 1.66
Quick Ratio 1.18
Altman-Z 2.62
F-Score5
WACC9.41%
ROIC/WACC0.66
Cap/Depr(3y)146.87%
Cap/Depr(5y)149.65%
Cap/Sales(3y)3.02%
Cap/Sales(5y)2.9%
Profit Quality(3y)96.43%
Profit Quality(5y)109.29%
High Growth Momentum
Growth
EPS 1Y (TTM)-8.45%
EPS 3Y-2.07%
EPS 5Y6.39%
EPS Q2Q%-10.29%
EPS Next Y-9.34%
EPS Next 2Y1.3%
EPS Next 3Y4.28%
EPS Next 5Y6.2%
Revenue 1Y (TTM)1.69%
Revenue growth 3Y-3.63%
Revenue growth 5Y4.36%
Sales Q2Q%3.8%
Revenue Next Year1.51%
Revenue Next 2Y1.8%
Revenue Next 3Y2.28%
Revenue Next 5Y1.89%
EBIT growth 1Y-11.71%
EBIT growth 3Y-8.89%
EBIT growth 5Y1.43%
EBIT Next Year21.43%
EBIT Next 3Y12.21%
EBIT Next 5Y13.21%
FCF growth 1Y18.05%
FCF growth 3Y261.09%
FCF growth 5Y-0.9%
OCF growth 1Y29.56%
OCF growth 3Y33.34%
OCF growth 5Y2.66%

LA-Z-BOY INC / LZB FAQ

Can you provide the ChartMill fundamental rating for LA-Z-BOY INC?

ChartMill assigns a fundamental rating of 5 / 10 to LZB.


What is the valuation status of LA-Z-BOY INC (LZB) stock?

ChartMill assigns a valuation rating of 5 / 10 to LA-Z-BOY INC (LZB). This can be considered as Fairly Valued.


How profitable is LA-Z-BOY INC (LZB) stock?

LA-Z-BOY INC (LZB) has a profitability rating of 5 / 10.


What are the PE and PB ratios of LA-Z-BOY INC (LZB) stock?

The Price/Earnings (PE) ratio for LA-Z-BOY INC (LZB) is 12.37 and the Price/Book (PB) ratio is 1.32.


How sustainable is the dividend of LA-Z-BOY INC (LZB) stock?

The dividend rating of LA-Z-BOY INC (LZB) is 6 / 10 and the dividend payout ratio is 44.43%.