LA-Z-BOY (NYSE: LZB) financial statements
The consolidated income statement, balance sheet and cash flow statement of LA-Z-BOY for its last 10 fiscal years, as filed with the regulator, in millions of US dollars. At the end of fiscal 2026 it had $2,042m in total assets and $1,050m in equity.
Income statement
| Item | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2,127m | $2,109m | $2,047m | $2,349m | $2,357m | $1,734m | $1,704m | $1,745m | $1,584m | $1,520m |
| Cost of sales | $1,190m | $1,183m | $1,165m | $1,385m | $1,477m | $994.0m | $982.5m | $1,043m | $961.2m | $910.8m |
| Gross profit | $936.6m | $926.4m | $881.7m | $964.7m | $879.8m | $740.3m | $721.4m | $702.6m | $622.7m | $609.3m |
| Operating profit | $129.2m | $135.8m | $150.8m | $211.4m | $206.8m | $136.7m | $118.8m | $129.7m | $129.4m | $133.3m |
| Finance costs | $0.5m | $0.5m | $0.5m | $0.5m | — | — | — | — | — | — |
| Profit before tax | $138.8m | $147.1m | $165.8m | $205.8m | $205.5m | $145.9m | $115.2m | $95.3m | $128.9m | $130.7m |
| Income tax | $35.9m | $46.2m | $41.1m | $53.8m | $53.2m | $38.4m | $36.2m | $25.2m | $47.3m | $43.8m |
| Net profit | $102.0m | $99.6m | $122.6m | $150.7m | $150.0m | $106.5m | $77.5m | $68.6m | $80.9m | $85.9m |
| Earnings per share | $2.49 | $2.39 | $2.86 | $3.49 | $3.41 | $2.31 | $1.67 | $1.46 | $1.69 | $1.75 |
| Diluted earnings per share | $2.47 | $2.35 | $2.83 | $3.48 | $3.39 | $2.30 | $1.66 | $1.44 | $1.67 | $1.73 |
| Depreciation and amortisation | $47.4m | $46.7m | $48.6m | $40.2m | $39.8m | $33.0m | $31.2m | $31.1m | $31.8m | $29.1m |
Balance sheet
| Item | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $2,042m | $1,922m | $1,913m | $1,866m | $1,932m | $1,786m | $1,435m | $1,060m | $893.0m | $888.9m |
| Current assets | $773.9m | $805.7m | $836.8m | $854.6m | $951.8m | $926.2m | $626.3m | $541.1m | $518.2m | $517.4m |
| Inventories | $218.4m | $255.3m | $263.2m | $276.3m | $303.2m | $226.1m | $181.6m | $196.9m | $184.8m | $175.1m |
| Property, plant and equipment | $356.7m | $339.2m | $298.2m | $278.6m | $253.1m | $219.2m | $214.8m | $200.5m | $180.9m | $169.1m |
| Goodwill | $243.3m | $205.6m | $214.5m | $205.0m | $194.6m | $175.8m | $161.0m | $185.9m | $75.3m | $74.2m |
| Cash | $303.2m | $328.4m | $341.1m | $343.4m | $245.6m | $391.2m | $261.6m | $129.8m | $134.5m | $141.9m |
| Current liabilities | $429.9m | $420.8m | $437.3m | $475.9m | $675.7m | $611.7m | $350.2m | $238.6m | $181.3m | $198.7m |
| Equity | $1,050m | $1,021m | $1,003m | $941.8m | $810.7m | $773.5m | $700.8m | $682.5m | $612.2m | $589.9m |
| Equity including minorities | $1,063m | $1,032m | $1,013m | $952.1m | $819.6m | $782.1m | $716.3m | $697.0m | $625.2m | $601.1m |
| Minority interests | $12.7m | $11.4m | $10.3m | $10.3m | $8.9m | $8.6m | $15.6m | $14.5m | $13.0m | $11.2m |
Cash flow statement
| Item | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $204.1m | $187.3m | $158.1m | $205.2m | $79.0m | $309.9m | $164.2m | $150.7m | $115.8m | $148.0m |
| Investing cash flow | −$138.6m | −$98.4m | −$81.6m | −$70.1m | −$78.4m | −$40.7m | −$33.9m | −$121.7m | −$55.2m | −$65.2m |
| Financing cash flow | −$91.1m | −$102.6m | −$81.2m | −$37.1m | −$144.6m | −$141.1m | $2.6m | −$33.7m | −$76.3m | −$53.4m |
| Capital expenditure | −$76.3m | −$74.3m | −$53.6m | −$68.8m | −$76.6m | −$38.0m | −$46.0m | −$48.4m | −$36.3m | −$20.3m |
| Dividends paid | −$37.9m | −$35.0m | −$32.7m | −$29.9m | −$27.7m | −$0.1m | −$25.1m | −$23.5m | −$22.0m | −$20.7m |
Where each figure comes from
From the annual report (Form 10-K) that LA-Z-BOY files with the SEC. The filing for each fiscal year: 2026 · 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017. If an item is not tagged in the filing, it is not in the table. The summary of the last fiscal year is on the LA-Z-BOY page.
Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.