LZB: La-z-boy Inc Financial Statements
Balance sheet, income statement, and cash flow statements for La-z-boy Inc (LZB).
$1.61B Market Cap.
LZB Market Cap. (MRY)
LZB Shares Outstanding (MRY)
LZB Assets (MRY)
Total Assets
$1.92B
Total Liabilities
$890.19M
Total Investments
$0
LZB Income (MRY)
Revenue
$2.11B
Net Income
$99.56M
Operating Expense
$790.58M
LZB Cash Flow (MRY)
CF Operations
$187.27M
CF Investing
-$98.39M
CF Financing
-$102.61M
LZB Balance Sheet (MRY)
Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
Total Assets | $1,922,162,000 (0.46%) | $1,913,442,000 (2.53%) | $1,866,263,000 (-3.41%) | $1,932,089,000 (8.16%) |
Assets Current | $805,688,000 (-3.72%) | $836,808,000 (-2.08%) | $854,600,000 (-10.21%) | $951,776,000 (2.77%) |
Assets Non-Current | $1,116,474,000 (3.70%) | $1,076,634,000 (6.42%) | $1,011,663,000 (3.20%) | $980,313,000 (13.97%) |
Goodwill & Intangible Assets | $256,751,000 (-1.89%) | $261,704,000 (7.09%) | $244,383,000 (6.92%) | $228,575,000 (10.83%) |
Shareholders Equity | $1,020,623,000 (1.75%) | $1,003,064,000 (6.50%) | $941,836,000 (16.17%) | $810,725,000 (4.81%) |
Property Plant & Equipment Net | $792,060,000 (6.36%) | $744,690,000 (7.17%) | $694,847,000 (5.46%) | $658,899,000 (17.03%) |
Cash & Equivalents | $328,449,000 (-3.71%) | $341,098,000 (-1.61%) | $346,678,000 (39.31%) | $248,856,000 (-36.95%) |
Accumulated Other Comprehensive Income | -$3,574,000 (39.11%) | -$5,870,000 (-6.19%) | -$5,528,000 (4.64%) | -$5,797,000 (-281.13%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $255,285,000 (-3.02%) | $263,237,000 (-4.71%) | $276,257,000 (-8.88%) | $303,191,000 (34.07%) |
Trade & Non-Trade Receivables | $139,533,000 (0.23%) | $139,213,000 (10.89%) | $125,536,000 (-31.68%) | $183,747,000 (31.87%) |
Trade & Non-Trade Payables | $95,984,000 (-0.52%) | $96,486,000 (-10.21%) | $107,460,000 (3.30%) | $104,025,000 (10.49%) |
Accumulated Retained Earnings (Deficit) | $597,432,000 (-0.10%) | $598,009,000 (9.70%) | $545,155,000 (26.43%) | $431,181,000 (8.06%) |
Tax Assets | $7,349,000 (-28.53%) | $10,283,000 (15.31%) | $8,918,000 (-16.12%) | $10,632,000 (-10.77%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $490,857,000 (1.89%) | $481,751,000 (8.04%) | $445,914,000 (3.67%) | $430,114,000 (18.61%) |
Debt Current | $80,592,000 (4.63%) | $77,027,000 (-0.93%) | $77,751,000 (3.29%) | $75,271,000 (11.32%) |
Debt Non-Current | $410,265,000 (1.37%) | $404,724,000 (9.93%) | $368,163,000 (3.75%) | $354,843,000 (20.28%) |
Total Liabilities | $890,186,000 (-1.10%) | $900,082,000 (-1.54%) | $914,166,000 (-17.83%) | $1,112,467,000 (10.78%) |
Liabilities Current | $420,791,000 (-3.77%) | $437,281,000 (-8.11%) | $475,861,000 (-29.57%) | $675,689,000 (10.47%) |
Liabilities Non-Current | $469,395,000 (1.42%) | $462,801,000 (5.59%) | $438,305,000 (0.35%) | $436,778,000 (11.28%) |
LZB Income Statement (MRY)
Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
Revenues | $2,109,207,000 (3.04%) | $2,047,027,000 (-12.87%) | $2,349,433,000 (-0.31%) | $2,356,811,000 (35.90%) |
Cost of Revenue | $1,182,789,000 (1.50%) | $1,165,357,000 (-15.84%) | $1,384,700,000 (-6.25%) | $1,477,017,000 (48.60%) |
Selling General & Administrative Expense | $770,000,000 (5.35%) | $730,874,000 (-2.98%) | $753,294,000 (11.92%) | $673,038,000 (11.52%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $790,581,000 (8.17%) | $730,874,000 (-2.98%) | $753,294,000 (11.92%) | $673,038,000 (11.52%) |
Interest Expense | $545,000 (19.78%) | $455,000 (-15.11%) | $536,000 (-40.11%) | $895,000 (-35.61%) |
Income Tax Expense | $46,182,000 (12.32%) | $41,116,000 (-23.64%) | $53,848,000 (1.29%) | $53,163,000 (38.50%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $100,952,000 (-19.00%) | $124,636,000 (-17.97%) | $151,941,000 (-0.25%) | $152,328,000 (41.66%) |
Net Income to Non-Controlling Interests | $1,396,000 (-30.55%) | $2,010,000 (57.40%) | $1,277,000 (-44.74%) | $2,311,000 (116.39%) |
Net Income | $99,556,000 (-18.81%) | $122,626,000 (-18.61%) | $150,664,000 (0.43%) | $150,017,000 (40.91%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $99,556,000 (-18.81%) | $122,626,000 (-18.61%) | $150,664,000 (0.43%) | $150,017,000 (40.91%) |
Weighted Average Shares | $41,601,000 (-2.98%) | $42,878,000 (-0.63%) | $43,148,000 (-1.99%) | $44,023,000 (-4.26%) |
Weighted Average Shares Diluted | $42,345,000 (-2.16%) | $43,280,000 (0.09%) | $43,240,000 (-2.38%) | $44,294,000 (-4.47%) |
Earning Before Interest & Taxes (EBIT) | $146,283,000 (-10.91%) | $164,197,000 (-19.92%) | $205,048,000 (0.48%) | $204,075,000 (39.55%) |
Gross Profit | $926,418,000 (5.08%) | $881,670,000 (-8.61%) | $964,733,000 (9.65%) | $879,794,000 (18.85%) |
Operating Income | $135,837,000 (-9.92%) | $150,796,000 (-28.68%) | $211,439,000 (2.26%) | $206,756,000 (51.21%) |
LZB Cash Flow Statement (MRY)
Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$98,389,000 (-20.64%) | -$81,554,000 (-16.31%) | -$70,120,000 (10.53%) | -$78,371,000 (-92.54%) |
Net Cash Flow from Financing | -$102,612,000 (-26.33%) | -$81,227,000 (-118.71%) | -$37,139,000 (74.31%) | -$144,561,000 (-2.49%) |
Net Cash Flow from Operations | $187,271,000 (18.43%) | $158,127,000 (-22.93%) | $205,167,000 (159.69%) | $79,004,000 (-74.51%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$12,649,000 (-126.68%) | -$5,580,000 (-105.70%) | $97,822,000 (167.07%) | -$145,847,000 (-211.19%) |
Net Cash Flow - Business Acquisitions and Disposals | -$29,525,000 (25.14%) | -$39,440,000 (-134.27%) | -$16,835,000 (36.04%) | -$26,323,000 (-1216.15%) |
Net Cash Flow - Investment Acquisitions and Disposals | $5,004,000 (-22.60%) | $6,465,000 (-57.99%) | $15,391,000 (691.72%) | $1,944,000 (155.34%) |
Capital Expenditure | -$74,280,000 (-38.71%) | -$53,551,000 (22.18%) | -$68,812,000 (10.14%) | -$76,580,000 (-101.74%) |
Issuance (Repayment) of Debt Securities | -$663,000 (-35.58%) | -$489,000 (-297.56%) | -$123,000 (-1.65%) | -$121,000 (99.84%) |
Issuance (Purchase) of Equity Shares | -$77,930,000 (-47.67%) | -$52,773,000 (-954.62%) | -$5,004,000 (94.48%) | -$90,645,000 (-105.07%) |
Payment of Dividends & Other Cash Distributions | -$34,955,000 (-7.01%) | -$32,665,000 (-9.36%) | -$29,869,000 (-7.76%) | -$27,717,000 (-67.56%) |
Effect of Exchange Rate Changes on Cash | $1,081,000 (216.74%) | -$926,000 (-976.74%) | -$86,000 (95.52%) | -$1,919,000 (-163.65%) |
Share Based Compensation | $17,400,000 (20.62%) | $14,426,000 (15.80%) | $12,458,000 (5.06%) | $11,858,000 (-6.42%) |
Depreciation Amortization & Accretion | $123,631,000 (-0.85%) | $124,685,000 (6.84%) | $116,704,000 (3.54%) | $112,713,000 (14.32%) |
LZB Financial Metrics (MRY)
Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
Gross Margin | 43.90% (1.86%) | 43.10% (4.87%) | 41.10% (10.19%) | 37.30% (-12.65%) |
Profit Margin | 4.70% (-21.67%) | 6.00% (-6.25%) | 6.40% (0.00%) | 6.40% (4.92%) |
EBITDA Margin | 12.80% (-9.22%) | 14.10% (2.92%) | 13.70% (2.24%) | 13.40% (-4.96%) |
Return on Average Equity (ROAE) | 9.80% (-22.22%) | 12.60% (-25.44%) | 16.90% (-11.98%) | 19.20% (35.21%) |
Return on Average Assets (ROAA) | 5.20% (-20.00%) | 6.50% (-18.75%) | 8.00% (0.00%) | 8.00% (25.00%) |
Return on Sales (ROS) | 6.90% (-13.75%) | 8.00% (-8.05%) | 8.70% (0.00%) | 8.70% (3.57%) |
Return on Invested Capital (ROIC) | 10.50% (-13.93%) | 12.20% (-25.61%) | 16.40% (-12.30%) | 18.70% (20.65%) |
Dividend Yield | 2.20% (-4.35%) | 2.30% (-4.17%) | 2.40% (0.00%) | 2.40% (200.00%) |
Price to Earnings Ratio (P/E) | 16.3 (40.77%) | 11.58 (40.63%) | 8.23 (6.81%) | 7.71 (-58.81%) |
Price to Sales Ratio (P/S) | 0.77 (10.66%) | 0.69 (31.44%) | 0.53 (7.54%) | 0.49 (-57.16%) |
Price to Book Ratio (P/B) | 1.58 (12.01%) | 1.41 (6.91%) | 1.32 (-6.07%) | 1.4 (-45.84%) |
Debt to Equity Ratio (D/E) | 0.87 (-2.79%) | 0.9 (-7.62%) | 0.97 (-29.23%) | 1.37 (5.70%) |
Earnings Per Share (EPS) | 2.39 (-16.43%) | 2.86 (-18.05%) | 3.49 (2.35%) | 3.41 (47.62%) |
Sales Per Share (SPS) | 50.7 (6.20%) | 47.74 (-12.32%) | 54.45 (1.71%) | 53.54 (41.95%) |
Free Cash Flow Per Share (FCFPS) | 2.72 (11.36%) | 2.44 (-22.82%) | 3.16 (5645.45%) | 0.06 (-99.07%) |
Book Value Per Share (BVPS) | 24.53 (4.88%) | 23.39 (7.17%) | 21.83 (18.53%) | 18.42 (9.48%) |
Tangible Assets Book Value Per Share (TABVPS) | 40.03 (3.92%) | 38.52 (2.48%) | 37.59 (-2.86%) | 38.7 (12.61%) |
Enterprise Value Over EBIT (EV/EBIT) | 12 (20.00%) | 10 (42.86%) | 7 (16.67%) | 6 (-53.85%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 6.6 (21.12%) | 5.45 (26.83%) | 4.3 (4.09%) | 4.13 (-48.54%) |
Asset Turnover | 1.09 (0.83%) | 1.08 (-13.71%) | 1.25 (0.16%) | 1.25 (20.71%) |
Current Ratio | 1.92 (0.05%) | 1.91 (6.57%) | 1.8 (27.47%) | 1.41 (-6.94%) |
Dividends | $0.84 (10.09%) | $0.76 (10.10%) | $0.69 (10.00%) | $0.63 (75.00%) |
Free Cash Flow (FCF) | $112,991,000 (8.05%) | $104,576,000 (-23.31%) | $136,355,000 (5525.21%) | $2,424,000 (-99.11%) |
Enterprise Value (EV) | $1,781,807,591 (13.18%) | $1,574,375,904 (13.87%) | $1,382,665,152 (5.74%) | $1,307,605,542 (-33.41%) |
Earnings Before Tax (EBT) | $145,738,000 (-11.00%) | $163,742,000 (-19.94%) | $204,512,000 (0.66%) | $203,180,000 (40.27%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $269,914,000 (-6.57%) | $288,882,000 (-10.22%) | $321,752,000 (1.57%) | $316,788,000 (29.39%) |
Invested Capital | $1,407,028,000 (3.83%) | $1,355,110,000 (8.82%) | $1,245,255,000 (2.99%) | $1,209,083,000 (29.13%) |
Working Capital | $384,897,000 (-3.66%) | $399,527,000 (5.49%) | $378,739,000 (37.18%) | $276,087,000 (-12.21%) |
Tangible Asset Value | $1,665,411,000 (0.83%) | $1,651,738,000 (1.84%) | $1,621,880,000 (-4.79%) | $1,703,514,000 (7.81%) |
Market Capitalization | $1,608,200,591 (13.91%) | $1,411,804,904 (13.91%) | $1,239,424,152 (9.12%) | $1,135,883,542 (-43.23%) |
Average Equity | $1,012,757,250 (3.90%) | $974,707,250 (9.58%) | $889,463,500 (14.07%) | $779,736,250 (3.71%) |
Average Assets | $1,931,714,000 (2.22%) | $1,889,836,000 (0.94%) | $1,872,285,750 (-0.45%) | $1,880,813,500 (12.61%) |
Invested Capital Average | $1,392,877,000 (3.90%) | $1,340,656,750 (7.20%) | $1,250,630,250 (14.46%) | $1,092,638,250 (15.85%) |
Shares | 41,288,847 (-3.17%) | 42,639,834 (-1.16%) | 43,140,416 (-0.19%) | 43,222,357 (-6.64%) |
