LZB Historical Income Statement

LZB Stock

USD 42.74 1.73 4.22%

Historical analysis of La Z income statement accounts such as Gross Profit of 473.8 M can show how well La Z Boy Incorporated performed in making a profits. Evaluating La Z income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of La Z's future profits or losses.

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Financial Statement Analysis is much more than just reviewing and examining La Z Boy latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether La Z Boy is a good buy for the upcoming year.

Net Income Gross Profit

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in La Z Boy Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

About LZB Income Statement Analysis

La Z Boy Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to La Z shareholders. The income statement also shows LZB investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

La Z Income Statement Chart

At present, La Z's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 629.1 K, whereas Total Revenue is forecasted to decline to about 1.5 B.

Total Revenue Gross Profit Operating Income

Total Revenue

Total revenue comprises all receipts La Z Boy generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of La Z Boy Incorporated minus its cost of goods sold. It is profit before La Z operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from La Z Boy operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of La Z Boy Incorporated is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most accounts from La Z's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into La Z Boy current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in La Z Boy Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

	2021	2022	2023	2024 (projected)
Gross Profit	916.0M	1.0B	881.7M	473.8M
Total Revenue	2.4B	2.3B	2.0B	1.5B

Gross Profit Total Revenue

La Z income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Research Development	Extraordinary Items	Net Income From Continuing Ops	Non Operating Income Net Other	Minority Interest	Selling And Marketing Expenses	Discontinued Operations	Non Recurring	Tax Provision	Interest Income	Net Interest Income
Depreciation And Amortization		0.0	0.66	0.64	0.66	0.57	0.47	0.88	0.65	0.64	0.57	0.1	0.77	0.38	0.7	0.48	-0.54	0.67	-0.72	-0.42	0.84	0.53	0.69	0.49	0.75	0.74
Interest Expense	0.0		0.3	0.28	0.31	0.1	0.27	0.14	0.3	0.31	0.05	-0.27	0.15	-0.28	0.32	-0.09	-0.25	-0.07	0.22	0.28	0.07	0.17	0.32	-0.38	-0.21	-0.26
Total Revenue	0.66	0.3		0.97	1.0	0.91	0.87	0.85	0.98	0.97	0.9	-0.21	0.84	0.59	0.97	0.02	-0.64	0.64	-0.29	0.03	0.83	0.66	0.65	0.48	0.33	0.3
Gross Profit	0.64	0.28	0.97		0.96	0.95	0.91	0.84	0.9	1.0	0.93	-0.27	0.79	0.64	0.98	0.15	-0.72	0.67	-0.28	0.05	0.88	0.7	0.7	0.44	0.31	0.28
Other Operating Expenses	0.66	0.31	1.0	0.96		0.9	0.85	0.84	0.98	0.97	0.88	-0.2	0.84	0.56	0.96	-0.01	-0.62	0.62	-0.28	0.01	0.81	0.65	0.64	0.47	0.34	0.31
Operating Income	0.57	0.1	0.91	0.95	0.9		0.93	0.81	0.84	0.92	0.97	-0.31	0.78	0.77	0.92	0.15	-0.72	0.74	-0.25	0.17	0.83	0.71	0.65	0.59	0.21	0.18
Ebit	0.47	0.27	0.87	0.91	0.85	0.93		0.8	0.79	0.9	0.93	-0.17	0.78	0.67	0.91	0.02	-0.71	0.72	0.03	0.16	0.75	0.69	0.65	0.5	0.16	0.12
Ebitda	0.88	0.14	0.85	0.84	0.84	0.81	0.8		0.81	0.83	0.81	0.0	0.92	0.59	0.9	0.27	-0.73	0.79	-0.42	-0.25	0.9	0.72	0.8	0.59	0.62	0.59
Cost Of Revenue	0.65	0.3	0.98	0.9	0.98	0.84	0.79	0.81		0.9	0.83	-0.15	0.84	0.51	0.9	-0.1	-0.55	0.58	-0.28	0.01	0.74	0.6	0.58	0.49	0.33	0.31
Total Operating Expenses	0.64	0.31	0.97	1.0	0.97	0.92	0.9	0.83	0.9		0.91	-0.25	0.78	0.6	0.99	0.13	-0.7	0.65	-0.27	0.02	0.87	0.69	0.7	0.4	0.33	0.29
Income Before Tax	0.57	0.05	0.9	0.93	0.88	0.97	0.93	0.81	0.83	0.91		-0.1	0.82	0.74	0.91	0.09	-0.66	0.79	-0.21	0.11	0.8	0.66	0.6	0.67	0.23	0.21
Total Other Income Expense Net	0.1	-0.27	-0.21	-0.27	-0.2	-0.31	-0.17	0.0	-0.15	-0.25	-0.1		0.15	-0.27	-0.19	-0.22	0.31	0.14	0.1	-0.46	-0.2	-0.25	-0.22	0.33	0.26	0.29
Net Income	0.77	0.15	0.84	0.79	0.84	0.78	0.78	0.92	0.84	0.78	0.82	0.15		0.42	0.86	0.07	-0.61	0.86	-0.38	-0.23	0.81	0.62	0.68	0.7	0.56	0.54
Income Tax Expense	0.38	-0.28	0.59	0.64	0.56	0.77	0.67	0.59	0.51	0.6	0.74	-0.27	0.42		0.56	0.1	-0.63	0.4	-0.12	0.09	0.56	0.68	0.5	0.55	0.16	0.15
Selling General Administrative	0.7	0.32	0.97	0.98	0.96	0.92	0.91	0.9	0.9	0.99	0.91	-0.19	0.86	0.56		0.17	-0.73	0.73	-0.31	-0.04	0.91	0.7	0.74	0.45	0.4	0.37
Research Development	0.48	-0.09	0.02	0.15	-0.01	0.15	0.02	0.27	-0.1	0.13	0.09	-0.22	0.07	0.1	0.17		-0.4	0.35	-0.55	-0.08	0.44	0.09	0.36	0.02	0.29	0.26
Extraordinary Items	-0.54	-0.25	-0.64	-0.72	-0.62	-0.72	-0.71	-0.73	-0.55	-0.7	-0.66	0.31	-0.61	-0.63	-0.73	-0.4		-0.53	0.26	0.07	-0.73	-0.84	-0.85	-0.39	-0.36	-0.32
Net Income From Continuing Ops	0.67	-0.07	0.64	0.67	0.62	0.74	0.72	0.79	0.58	0.65	0.79	0.14	0.86	0.4	0.73	0.35	-0.53		-0.37	-0.11	0.79	0.44	0.56	0.71	0.43	0.42
Non Operating Income Net Other	-0.72	0.22	-0.29	-0.28	-0.28	-0.25	0.03	-0.42	-0.28	-0.27	-0.21	0.1	-0.38	-0.12	-0.31	-0.55	0.26	-0.37		0.39	-0.58	-0.27	-0.4	-0.3	-0.63	-0.63
Minority Interest	-0.42	0.28	0.03	0.05	0.01	0.17	0.16	-0.25	0.01	0.02	0.11	-0.46	-0.23	0.09	-0.04	-0.08	0.07	-0.11	0.39		-0.27	-0.14	-0.32	-0.06	-0.88	-0.89
Selling And Marketing Expenses	0.84	0.07	0.83	0.88	0.81	0.83	0.75	0.9	0.74	0.87	0.8	-0.2	0.81	0.56	0.91	0.44	-0.73	0.79	-0.58	-0.27		0.68	0.81	0.46	0.64	0.61
Discontinued Operations	0.53	0.17	0.66	0.7	0.65	0.71	0.69	0.72	0.6	0.69	0.66	-0.25	0.62	0.68	0.7	0.09	-0.84	0.44	-0.27	-0.14	0.68		0.75	0.34	0.41	0.37
Non Recurring	0.69	0.32	0.65	0.7	0.64	0.65	0.65	0.8	0.58	0.7	0.6	-0.22	0.68	0.5	0.74	0.36	-0.85	0.56	-0.4	-0.32	0.81	0.75		0.33	0.57	0.52
Tax Provision	0.49	-0.38	0.48	0.44	0.47	0.59	0.5	0.59	0.49	0.4	0.67	0.33	0.7	0.55	0.45	0.02	-0.39	0.71	-0.3	-0.06	0.46	0.34	0.33		0.27	0.29
Interest Income	0.75	-0.21	0.33	0.31	0.34	0.21	0.16	0.62	0.33	0.33	0.23	0.26	0.56	0.16	0.4	0.29	-0.36	0.43	-0.63	-0.88	0.64	0.41	0.57	0.27		1.0
Net Interest Income	0.74	-0.26	0.3	0.28	0.31	0.18	0.12	0.59	0.31	0.29	0.21	0.29	0.54	0.15	0.37	0.26	-0.32	0.42	-0.63	-0.89	0.61	0.37	0.52	0.29	1.0

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La Z Account Relationship Matchups

La Z income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	121.5M	33.0M	112.3M	116.5M	124.5M	130.8M
Interest Expense	1.3M	1.4M	895K	536K	455K	629.1K
Total Revenue	1.7B	1.7B	2.4B	2.3B	2.0B	1.5B
Gross Profit	721.4M	740.3M	916.0M	1.0B	881.7M	473.8M
Other Operating Expenses	1.6B	1.6B	2.2B	2.1B	1.9B	1.4B
Operating Income	118.8M	136.7M	206.8M	211.4M	153.8M	87.0M
Ebit	118.8M	212.9M	206.8M	206.5M	153.8M	96.5M
Ebitda	240.3M	245.9M	319.1M	323.0M	278.4M	292.3M
Cost Of Revenue	982.5M	994.0M	1.4B	1.3B	1.2B	1.0B
Total Operating Expenses	575.8M	603.5M	709.2M	797.3M	727.8M	381.7M
Income Before Tax	115.2M	145.9M	205.5M	205.8M	165.8M	84.9M
Total Other Income Expense Net	(3.6M)	9.2M	(1.3M)	(5.7M)	11.9M	12.5M
Net Income	77.5M	106.5M	150.0M	150.7M	122.6M	128.8M
Income Tax Expense	36.2M	38.4M	53.2M	53.8M	41.1M	29.5M
Selling General Administrative	467.5M	508.9M	582.4M	638.3M	567.3M	397.0M
Research Development	9.1M	10.8M	7.6M	9M	9.6M	8.6M
Net Income Applicable To Common Shares	77.5M	106.5M	150.0M	150.7M	173.3M	181.9M
Net Income From Continuing Ops	79.0M	107.5M	152.3M	151.9M	124.6M	101.5M
Non Operating Income Net Other	(4.2M)	10.6M	(370K)	(5.1M)	(4.6M)	(4.4M)
Minority Interest	1.5M	1.1M	2.3M	1.3M	(2.0M)	(1.9M)
Selling And Marketing Expenses	108.3M	94.6M	126.8M	159M	150.9M	106.7M
Tax Provision	36.2M	38.4M	53.2M	53.8M	41.1M	46.2M
Interest Income	2.8M	1.1M	1.3M	6.7M	15.5M	16.3M
Net Interest Income	1.5M	(289K)	443K	6.1M	15.0M	15.8M
Reconciled Depreciation	31.2M	33.0M	112.7M	116.7M	124.7M	70.2M

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When determining whether La Z Boy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of La Z's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of La Z Boy Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on La Z Boy Incorporated Stock:

How To Invest In LZB

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Is LZB Stock a good investment?

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What is La Z's Net Worth?

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You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Is Household Durables space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of La Z. If investors know LZB will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about La Z listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.03)

Dividend Share

0.782

Earnings Share

2.81

Revenue Per Share

48.399

Quarterly Revenue Growth

0.029

The market value of La Z Boy is measured differently than its book value, which is the value of LZB that is recorded on the company's balance sheet. Investors also form their own opinion of La Z's value that differs from its market value or its book value, called intrinsic value, which is La Z's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because La Z's market value can be influenced by many factors that don't directly affect La Z's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between La Z's value and its price as these two are different measures arrived at by different means. Investors typically determine if La Z is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, La Z's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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LZB Historical Income Statement

About LZB Income Statement Analysis

La Z Income Statement Chart

Total Revenue

Gross Profit

Operating Income

La Z income statement Correlations

La Z Account Relationship Matchups

High Positive Relationship

High Negative Relationship

La Z income statement Accounts

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Other Operating Expenses	+ 1.0	Total Revenue
Total Operating Expenses	+ 1.0	Gross Profit
Net Interest Income	+ 1.0	Interest Income
Selling General Administrative	+ 0.99	Total Operating Expenses
Cost Of Revenue	+ 0.98	Total Revenue
Selling General Administrative	+ 0.98	Gross Profit

Net Interest Income	- 0.89	Minority Interest
Interest Income	- 0.88	Minority Interest
Non Recurring	- 0.85	Extraordinary Items
Discontinued Operations	- 0.84	Extraordinary Items
Selling And Marketing Expenses	- 0.73	Extraordinary Items
Extraordinary Items	- 0.73	Selling General Administrative