# La-Z-Boy Incorporated (LZB) fundamentals

Data as of 2026-11-04. NYSE, United States. Sector: Consumer Cyclical / Household Durables. Price $31.16, market value $1.2 billion.

## Valuation
- **P/E (trailing): 15.7×** (5-yr avg 11.2×, 3-yr avg 13.8×). La-Z-Boy Incorporated trades at 15.7× trailing earnings, well above its own five-year average of 11.2×: investors are paying up relative to the company's past. The Consumer Cyclical median in the September 2026 study was 19.5×. Forward P/E is 11.1×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 2.17**. A PEG of 2.17 means the P/E is high relative to expected earnings growth; the price already assumes a lot.
- **Price / sales: 0.6×**. Each dollar of revenue is priced at 0.6×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 1.2×**. The shares trade at 1.2× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 6.1×**. Enterprise value is 6.1× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 8.2%** (5-yr avg 7.1%). Free cash flow equals 8.2% of the market value, in line with its five-year average of 7.1%. Above 5% is generally attractive.
- **Earnings yield: 6.4%**. The inverse of the P/E: 6.4% of the price is earned each year.

## Profitability
- **Gross margin: 44.4%**. La-Z-Boy Incorporated keeps 44.4% of revenue after the direct cost of what it sells.
- **Operating margin: 5.0%**. 5.0% of revenue is left after running the business, which leaves little cushion in a downturn.
- **Net margin: 4.8%**. 4.8% of each dollar of sales reaches the bottom line.
- **Return on equity: 9.7%**. 9.7% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 11.1%**. Return on all capital, debt included, is 11.1%.
- **Return on assets: 4.0%**. Each dollar of assets produces 4.0% of profit.

## Growth
- **Revenue growth (1 yr): 0.8%** (3-yr -3.3%/yr, 5-yr 4.2%/yr). Revenue grew 0.8% over the last year, against 4.2% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 5.1%** (3-yr -10.8%/yr, 5-yr 1.4%/yr). Earnings per share rose 5.1%, roughly in step with revenue.
- **Free-cash-flow growth (3 yr): -2.1%/yr**. Free cash flow has compounded at -2.1% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 0.00**. Debt is 0.00 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. La-Z-Boy Incorporated holds more cash than debt.
- **Current ratio: 1.80** (quick 1.80). Current assets cover the next year's liabilities 1.80 times.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 3.11%** ($0.95 per share, trailing). La-Z-Boy Incorporated yields 3.11%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 37%** (38% of free cash flow). 37% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 5**. 5 straight years of increases.
- **Dividend growth (5 yr): 20.8%/yr** (1-yr 10.0%). The dividend has compounded at 20.8% a year over five years, doubling roughly every 3 years at that pace.

## Analyst view
- **Analyst consensus: buy** (2 analysts). 2 analysts cover La-Z-Boy Incorporated; the consensus is buy, with an average price target of $41.00 (+32% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 2.0%** (YTD -13.8%, 3-mo -22.7%). The shares are up 2.0% over twelve months including dividends.
- **From 52-week high: -30.6%** (9.8% above the low). Trading 31% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 61**. An RSI of 61 is neutral.
- **Beta (1 yr): 0.49** (volatility 43%). Beta of 0.49 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=LZB · Page: https://foliofundamentals.com/stocks/lzb

Not investment advice.