Headquartered in Monroe, Mich., La-Z-Boy has been one of the world’s leading residential furniture producers for more than 85 years. The company manufactures a full line of comfortable products for the living room and family room, including the company’s world-famous recliners, reclining sofas and love seats, sleep sofas, modular furniture and leather upholstery, as well as stationary sofas, love seats and chairs. It is a division of La-Z-Boy Incorporated (NYSE: LZB), one of the world’s leading residential furniture producers, marketing furniture for every room of the home. Live life comfortably®" The corporation's proprietary distribution network is dedicated exclusively to selling La-Z-Boy Incorporated products and brands, and includes 325 stand-alone La-Z-Boy Furniture Galleries® stores and nearly 600 independent Comfort Studios®, in addition to in-store gallery programs at the company's Kincaid, England and Lea operating units.
West Monroe, US
Size (employees)
8,700 (est)
La-Z-Boy was founded in 1927 and is headquartered in West Monroe, US

La-Z-Boy Office Locations

La-Z-Boy has offices in West Monroe, San Diego, Los Angeles and Dayton
West Monroe, US (HQ)
Poor Boy Ln

La-Z-Boy Data and Metrics

La-Z-Boy Financial Metrics

La-Z-Boy's revenue was reported to be $1.5 b in FY, 2016 which is a 7% increase from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

1.5 b

Revenue growth (FY, 2015 - FY, 2016), %


Gross profit (FY, 2016)

582.1 m

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

81 m

EBIT (FY, 2016)

122.4 m

Market capitalization (26-May-2017)

1.3 b

Closing share price (26-May-2017)


Cash (31-Dec-2016)

112.4 m


1.2 b
La-Z-Boy's current market capitalization is $1.3 b.
Numbers are in $, USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016


1.4 b1.4 b1.5 b

Revenue growth, %


Cost of goods sold

796 m854.5 m888 m921.1 m943.3 m

Gross profit

469.3 m504.3 m582.1 m

Gross profit Margin, %



89.3 m103.2 m122.4 m

EBIT margin, %


Interest income

761 k1 m827 k

Pre tax profit

91.6 m105.6 m125 m

Net Income

56.4 m72 m81 m
Numbers are in $, USDY, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015Y, 2016


108.4 m115.3 m152.4 m131.1 m149.7 m98.3 m112.4 m

Accounts Receivable


Current Assets

522.7 m476.5 m482 m


127.5 m174 m171.6 m


13.9 m15.2 m37.2 m

Total Assets

771.3 m774.6 m800 m

Accounts Payable

56.2 m46.2 m44.7 m

Total Debt

7.8 m830 k803 k

Current Liabilities

167.4 m154.9 m157.4 m

Additional Paid-in Capital

262.9 m270 m279.3 m

Retained Earnings

238.4 m235.5 m252.5 m

Total Equity

529.7 m533.1 m557.2 m

Debt to Equity Ratio

0 x0 x0 x

Debt to Assets Ratio

0 x0 x0 x

Financial Leverage

1.5 x1.5 x1.4 x
Numbers are in $, USDFY, 2014FY, 2015FY, 2016

Net Income

56.4 m72 m81 m

Depreciation and Amortization

23.2 m22.3 m26.5 m

Accounts Receivable


(9.4 m)(7.6 m)(15 m)

Accounts Payable

1.7 m(5.2 m)(1 m)

Cash From Operating Activities

90.8 m86.8 m112.4 m

Capital Expenditures

(33.7 m)(70.3 m)(24.7 m)

Cash From Investing Activities

(45 m)(66.7 m)(36.6 m)

Dividends Paid

(10.5 m)(14.5 m)(18.1 m)

Cash From Financing Activities

(26.7 m)(71.2 m)(61 m)

Free Cash Flow

124.6 m157.1 m137 m
Numbers are in $, USDY, 2016


9.9 x


10.8 x


8.8 x


175.3 k

Financial Leverage

1.4 x

La-Z-Boy Market Value History

La-Z-Boy Job Categories

La-Z-Boy Online and Social Media Presence

La-Z-Boy News and Updates

La-Z-Boy Company Life and Culture

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