La-Z-Boy Incorporated (LZB)
Net profit margin
| Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Apr 27, 2024 | Jan 31, 2024 | Jan 27, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 99,556 | 123,933 | 134,812 | 133,415 | 135,896 | 123,787 | 111,678 | 110,517 | 109,356 | 116,530 | 123,704 | 127,951 | 132,198 | 143,902 | 155,606 | 162,368 | 169,130 | 180,521 | 162,911 | 152,890 |
| Revenue (ttm) | US$ in thousands | 2,109,207 | 2,091,871 | 2,123,629 | 2,103,008 | 2,107,882 | 2,065,782 | 2,023,682 | 2,004,927 | 1,986,172 | 2,036,024 | 2,085,876 | 2,176,948 | 2,268,020 | 2,318,065 | 2,368,110 | 2,399,478 | 2,430,846 | 2,504,080 | 2,464,321 | 2,431,803 |
| Net profit margin | 4.72% | 5.92% | 6.35% | 6.34% | 6.45% | 5.99% | 5.52% | 5.51% | 5.51% | 5.72% | 5.93% | 5.88% | 5.83% | 6.21% | 6.57% | 6.77% | 6.96% | 7.21% | 6.61% | 6.29% |
April 30, 2025 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $99,556K ÷ $2,109,207K
= 4.72%
The net profit margin of La-Z-Boy Incorporated exhibits fluctuations over the analyzed period, reflecting variations in profitability relative to revenue. For the fiscal period ending July 30, 2022, the margin stood at 6.29%, which increased to 6.61% by July 31, 2022. A further upward movement was observed by October 29, 2022, reaching 7.21%, indicating improved profitability. However, this trend slightly retreated to 6.96% by October 31, 2022, and maintained a relatively stable level, with a modest decrease to 6.77% as of January 28, 2023.
Throughout 2023, the net profit margin demonstrated a downward trend, starting at 6.21% in April and declining further to 5.83% by April 30, 2023. This decline persisted into mid-2023, with the margin recorded at approximately 5.88% in July and slightly rising to 5.93% in October 2023. By the end of the year, margins continued to decline, reaching 5.72% in October 2023 and stabilizing at 5.51% in January 2024.
In early 2024, a marginal increase was noted, with the margin rising to 5.99% in April and further improving to 6.45% by April 30, 2024. Subsequent months saw the margin decrease again, with values of 6.34% in July 2024 and 6.35% in October 2024, indicating a period of relative stability at just above 6%. More recent data reveals a slight decline again to 5.92% in January 2025, followed by a significant decrease to 4.72% as of April 30, 2025.
Overall, La-Z-Boy's net profit margin has experienced periods of growth and decline over the analyzed timeframe, with a tendency towards lower profitability margins in recent periods compared to earlier ones. The pattern suggests variability in profitability, potentially influenced by changing operating conditions, cost structures, or revenue dynamics within the company's operating environment.
Peer comparison
Apr 30, 2025