La-Z-Boy Incorporated
La-Z-Boy Incorporated manufactures, markets, imports, exports, distributes, and retails upholstery furniture products in the United States, Canada, and internationally. It operates through Wholesale and Retail segments. The Wholesale segment manufactures and imports upholstered furniture, such as recliners and motion furniture, sofas, loveseats, chairs, sectionals, modulars, ottomans, and sleeper… Read more
La-Z-Boy Incorporated (LZB) - Net Assets
Latest net assets as of October 2025: $1.05 Billion USD
Based on the latest financial reports, La-Z-Boy Incorporated (LZB) has net assets worth $1.05 Billion USD as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.96 Billion) and total liabilities ($907.30 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.05 Billion |
| % of Total Assets | 53.68% |
| Annual Growth Rate | 5.12% |
| 5-Year Change | 31.94% |
| 10-Year Change | 85.2% |
| Growth Volatility | 12.71 |
La-Z-Boy Incorporated - Net Assets Trend (1986–2025)
This chart illustrates how La-Z-Boy Incorporated's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for La-Z-Boy Incorporated (1986–2025)
The table below shows the annual net assets of La-Z-Boy Incorporated from 1986 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | $1.03 Billion | +1.84% |
| 2024-04-30 | $1.01 Billion | +6.43% |
| 2023-04-30 | $952.10 Million | +16.16% |
| 2022-04-30 | $819.62 Million | +4.79% |
| 2021-04-30 | $782.15 Million | +9.19% |
| 2020-04-30 | $716.31 Million | +2.77% |
| 2019-04-30 | $696.98 Million | +11.48% |
| 2018-04-30 | $625.22 Million | +4.01% |
| 2017-04-30 | $601.11 Million | +7.88% |
| 2016-04-30 | $557.21 Million | +4.52% |
| 2015-04-30 | $533.10 Million | +0.64% |
| 2014-04-30 | $529.72 Million | +7.67% |
| 2013-04-30 | $491.97 Million | +9.86% |
| 2012-04-30 | $447.81 Million | +22.98% |
| 2011-04-30 | $364.14 Million | +5.17% |
| 2010-04-30 | $346.24 Million | +13.25% |
| 2009-04-30 | $305.73 Million | -32.15% |
| 2008-04-30 | $450.60 Million | -7.16% |
| 2007-04-30 | $485.35 Million | -4.90% |
| 2006-04-30 | $510.35 Million | -3.21% |
| 2005-04-30 | $527.29 Million | +0.95% |
| 2004-04-30 | $522.33 Million | -14.36% |
| 2003-04-30 | $609.94 Million | -14.52% |
| 2002-04-30 | $713.52 Million | +2.64% |
| 2001-04-30 | $695.15 Million | +4.83% |
| 2000-04-30 | $663.09 Million | +59.82% |
| 1999-04-30 | $414.90 Million | +6.88% |
| 1998-04-30 | $388.20 Million | +8.04% |
| 1997-04-30 | $359.30 Million | +4.63% |
| 1996-04-30 | $343.40 Million | +6.12% |
| 1995-04-30 | $323.60 Million | +11.24% |
| 1994-04-30 | $290.90 Million | +10.44% |
| 1993-04-30 | $263.40 Million | +6.90% |
| 1992-04-30 | $246.40 Million | +7.50% |
| 1991-04-30 | $229.20 Million | +6.80% |
| 1990-04-30 | $214.60 Million | +10.45% |
| 1989-04-30 | $194.30 Million | +8.67% |
| 1988-04-30 | $178.80 Million | +8.17% |
| 1987-04-30 | $165.30 Million | +12.45% |
| 1986-04-30 | $147.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to La-Z-Boy Incorporated's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 330.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (April 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $597.43 Million | 58.54% |
| Common Stock | $41.16 Million | 4.03% |
| Other Comprehensive Income | $-3.57 Million | -0.35% |
| Other Components | $385.60 Million | 37.78% |
| Total Equity | $1.02 Billion | 100.00% |
La-Z-Boy Incorporated Competitors by Market Cap
The table below lists competitors of La-Z-Boy Incorporated ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ingenia Communities Group
PINK:INGEF
|
$1.34 Billion |
|
Unitech Printed Circuit Board Corp
TW:2367
|
$1.34 Billion |
|
AEORF
PINK:AEORF
|
$1.34 Billion |
|
Guobo Electronics Co. Ltd. A
SHG:688375
|
$1.34 Billion |
|
Fufeng Group Limited
F:FFO1
|
$1.34 Billion |
|
TMC the metals company Inc
NASDAQ:TMC
|
$1.34 Billion |
|
Kumho Petro Chemical
KO:011780
|
$1.34 Billion |
|
China Conch Venture Holdings Limited
PINK:CCVTF
|
$1.34 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in La-Z-Boy Incorporated's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,003,064,000 to 1,020,623,000, a change of 17,559,000 (1.8%).
- Net income of 99,556,000 contributed positively to equity growth.
- Dividend payments of 34,955,000 reduced retained earnings.
- Share repurchases of 77,930,000 reduced equity.
- Other comprehensive income increased equity by 2,296,000.
- Other factors increased equity by 28,592,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $99.56 Million | +9.75% |
| Dividends Paid | $34.95 Million | -3.42% |
| Share Repurchases | $77.93 Million | -7.64% |
| Other Comprehensive Income | $2.30 Million | +0.22% |
| Other Changes | $28.59 Million | +2.8% |
| Total Change | $- | 1.75% |
Book Value vs Market Value Analysis
This analysis compares La-Z-Boy Incorporated's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.37x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 12.32x to 1.37x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-04-30 | $2.68 | $33.07 | x |
| 1987-04-30 | $3.01 | $33.07 | x |
| 1988-04-30 | $3.24 | $33.07 | x |
| 1989-04-30 | $3.60 | $33.07 | x |
| 1990-04-30 | $4.02 | $33.07 | x |
| 1991-04-30 | $4.21 | $33.07 | x |
| 1992-04-30 | $4.52 | $33.07 | x |
| 1993-04-30 | $4.82 | $33.07 | x |
| 1994-04-30 | $5.30 | $33.07 | x |
| 1995-04-30 | $5.90 | $33.07 | x |
| 1996-04-30 | $6.13 | $33.07 | x |
| 1997-04-30 | $6.53 | $33.07 | x |
| 1998-04-30 | $7.21 | $33.07 | x |
| 1999-04-30 | $7.81 | $33.07 | x |
| 2000-04-30 | $12.09 | $33.07 | x |
| 2001-04-30 | $11.45 | $33.07 | x |
| 2002-04-30 | $11.67 | $33.07 | x |
| 2003-04-30 | $10.62 | $33.07 | x |
| 2004-04-30 | $9.73 | $33.07 | x |
| 2005-04-30 | $10.11 | $33.07 | x |
| 2006-04-30 | $9.85 | $33.07 | x |
| 2007-04-30 | $9.40 | $33.07 | x |
| 2008-04-30 | $8.77 | $33.07 | x |
| 2009-04-30 | $5.94 | $33.07 | x |
| 2010-04-30 | $6.61 | $33.07 | x |
| 2011-04-30 | $6.91 | $33.07 | x |
| 2012-04-30 | $8.42 | $33.07 | x |
| 2013-04-30 | $9.03 | $33.07 | x |
| 2014-04-30 | $9.70 | $33.07 | x |
| 2015-04-30 | $10.01 | $33.07 | x |
| 2016-04-30 | $10.78 | $33.07 | x |
| 2017-04-30 | $11.92 | $33.07 | x |
| 2018-04-30 | $12.72 | $33.07 | x |
| 2019-04-30 | $14.42 | $33.07 | x |
| 2020-04-30 | $14.99 | $33.07 | x |
| 2021-04-30 | $16.68 | $33.07 | x |
| 2022-04-30 | $18.30 | $33.07 | x |
| 2023-04-30 | $21.78 | $33.07 | x |
| 2024-04-30 | $23.18 | $33.07 | x |
| 2025-04-30 | $24.10 | $33.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently La-Z-Boy Incorporated utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.75%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.72%
- • Asset Turnover: 1.10x
- • Equity Multiplier: 1.88x
- Recent ROE (9.75%) is above the historical average (9.63%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | 15.65% | 6.73% | 1.47x | 1.59x | $8.30 Million |
| 1987 | 14.94% | 5.88% | 1.56x | 1.63x | $8.17 Million |
| 1988 | 14.82% | 5.44% | 1.45x | 1.88x | $8.62 Million |
| 1989 | 14.15% | 4.97% | 1.59x | 1.80x | $8.07 Million |
| 1990 | 13.19% | 4.78% | 1.64x | 1.69x | $6.84 Million |
| 1991 | 10.21% | 3.85% | 1.67x | 1.58x | $480.00K |
| 1992 | 10.19% | 4.05% | 1.64x | 1.53x | $460.00K |
| 1993 | 10.36% | 3.99% | 1.71x | 1.52x | $960.00K |
| 1994 | 13.10% | 4.73% | 1.87x | 1.48x | $9.01 Million |
| 1995 | 11.22% | 4.27% | 1.69x | 1.56x | $3.94 Million |
| 1996 | 11.44% | 4.15% | 1.83x | 1.51x | $4.96 Million |
| 1997 | 12.61% | 4.50% | 1.90x | 1.47x | $9.37 Million |
| 1998 | 12.85% | 4.50% | 1.91x | 1.50x | $11.08 Million |
| 1999 | 15.93% | 5.13% | 2.04x | 1.52x | $24.61 Million |
| 2000 | 13.21% | 5.10% | 1.41x | 1.84x | $21.30 Million |
| 2001 | 9.83% | 3.03% | 1.85x | 1.76x | $-1.18 Million |
| 2002 | 8.65% | 2.87% | 1.86x | 1.63x | $-9.60 Million |
| 2003 | 5.95% | 1.72% | 1.88x | 1.84x | $-24.68 Million |
| 2004 | -1.11% | -0.29% | 1.91x | 2.01x | $-58.03 Million |
| 2005 | 7.05% | 1.82% | 2.00x | 1.95x | $-15.54 Million |
| 2006 | -0.60% | -0.16% | 1.97x | 1.90x | $-54.08 Million |
| 2007 | 0.85% | 0.26% | 1.84x | 1.81x | $-44.40 Million |
| 2008 | -3.00% | -0.93% | 1.89x | 1.71x | $-58.60 Million |
| 2009 | -39.69% | -9.89% | 2.22x | 1.81x | $-151.92 Million |
| 2010 | 9.51% | 2.76% | 1.94x | 1.78x | $-1.67 Million |
| 2011 | 6.66% | 2.03% | 2.00x | 1.64x | $-12.08 Million |
| 2012 | 19.91% | 7.14% | 1.80x | 1.55x | $43.78 Million |
| 2013 | 9.57% | 3.48% | 1.85x | 1.49x | $-2.09 Million |
| 2014 | 10.55% | 4.06% | 1.76x | 1.48x | $2.87 Million |
| 2015 | 13.50% | 4.97% | 1.84x | 1.48x | $18.36 Million |
| 2016 | 14.48% | 5.20% | 1.91x | 1.46x | $24.54 Million |
| 2017 | 14.57% | 5.65% | 1.71x | 1.51x | $26.93 Million |
| 2018 | 13.21% | 5.11% | 1.77x | 1.46x | $19.65 Million |
| 2019 | 10.05% | 3.93% | 1.65x | 1.55x | $323.20K |
| 2020 | 11.06% | 4.55% | 1.19x | 2.05x | $7.39 Million |
| 2021 | 13.76% | 6.14% | 0.91x | 2.46x | $29.11 Million |
| 2022 | 18.50% | 6.37% | 1.14x | 2.55x | $68.94 Million |
| 2023 | 16.00% | 6.41% | 1.26x | 1.98x | $56.48 Million |
| 2024 | 12.23% | 5.99% | 1.07x | 1.91x | $22.32 Million |
| 2025 | 9.75% | 4.72% | 1.10x | 1.88x | $-2.51 Million |
Industry Comparison
This section compares La-Z-Boy Incorporated's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $264,634,611
- Average return on equity (ROE) among peers: -5.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| La-Z-Boy Incorporated (LZB) | $1.05 Billion | 15.65% | 0.86x | $1.34 Billion |
| American Woodmark Corporation (AMWD) | $581.66 Million | 10.86% | 1.83x | $572.47 Million |
| Aterian Inc (ATER) | $224.23 Million | -105.26% | 0.40x | $3.15 Million |
| Applied UV, Inc. (AUVIQ) | $-1.42 Million | 0.00% | 0.00x | $467.00 |
| Bassett Furniture Industries (BSET) | $298.90 Million | 7.66% | 0.16x | $108.92 Million |
| Breville Group Limited (BVILF) | $150.22 Million | 15.03% | 0.59x | $2.02 Billion |
| Traeger Inc (COOK) | $291.35 Million | -28.97% | 1.95x | $117.97 Million |
| Crown Crafts Inc (CRWS) | $31.39 Million | 13.72% | 0.46x | $25.18 Million |
| Deer Consumer Prodct (DEER) | $-17.75K | 0.00% | 0.00x | $0.93 |
| De'Longhi S.p.A (DELHF) | $1.07 Billion | 17.33% | 0.99x | $1.30 Billion |
| Dyna Group International Inc (DGIX) | $4.10 Million | 13.94% | 0.59x | $7.42K |