La-Z-Boy Incorporated (LZB)
Pretax margin
| Apr 27, 2024 | Apr 29, 2023 | Apr 30, 2022 | Apr 24, 2021 | Apr 25, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 163,742 | 204,512 | 203,180 | 144,845 | 113,658 |
| Revenue | US$ in thousands | 2,047,030 | 2,349,430 | 2,356,810 | 1,734,240 | 1,703,980 |
| Pretax margin | 8.00% | 8.70% | 8.62% | 8.35% | 6.67% |
April 27, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $163,742K ÷ $2,047,030K
= 8.00%
The pretax margin of La-Z-Boy Incorporated has shown relatively stable performance over the past five years, ranging from 6.67% in 2020 to 8.70% in 2023. The company's ability to generate profits before taxes has been consistently positive, with the most recent figure standing at 8.00% as of April 27, 2024. This indicates that for every dollar of revenue generated, La-Z-Boy Incorporated is able to retain 8.00 cents as profit before accounting for taxes, reflecting a decent level of operating efficiency. It is important to note that while there have been fluctuations in the pretax margin over the years, the general trend suggests that the company has been able to effectively manage its costs and expenses to maintain a healthy level of profitability before tax deductions.
Peer comparison
Apr 27, 2024