La-Z-Boy Incorporated (LZB)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 147,134 | 169,257 | 183,744 | 179,160 | 179,090 | 162,608 | 146,655 | 148,731 | 150,404 | 158,794 | 167,407 | 173,045 | 179,279 | 196,317 | 212,925 | 222,274 | 231,022 | 245,663 | 221,953 | 207,008 |
| 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 |
| Pretax margin | 6.98% | 8.09% | 8.65% | 8.52% | 8.50% | 7.87% | 7.25% | 7.42% | 7.57% | 7.80% | 8.03% | 7.95% | 7.90% | 8.47% | 8.99% | 9.26% | 9.50% | 9.81% | 9.01% | 8.51% |
April 30, 2025 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $147,134K ÷ $2,109,207K
= 6.98%
The pretax margin of La-Z-Boy Incorporated has exhibited fluctuations over the observed period, reflecting varying levels of profitability before income tax expenses. Starting from a high of 9.81% in October 2022, the margin shows an overall declining trend through to early 2024, reaching a low of approximately 7.25% in January 2024. Notably, there is a subsequent modest recovery trend, with the margin rising to approximately 8.52% by mid-2024.
Throughout the period, the pretax margin has oscillated within a relatively narrow range, roughly between 7.25% and 9.81%, indicating some stability in pre-tax profitability margins despite short-term variations. By the end of October 2024, the margin is observed at approximately 8.65%, slightly above the levels reported at the beginning of the period.
Overall, La-Z-Boy’s pretax margins have demonstrated slight downward pressure over the analyzed timeframe, with intermittent periods of improvement, suggesting a pattern of moderate profitability with some volatility concurrent with internal and external factors affecting operational performance.
Peer comparison
Apr 30, 2025