La-Z-Boy Incorporated (LZB)
Profitability ratios
Return on sales
| Apr 27, 2024 | Jan 27, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 22, 2022 | Oct 23, 2021 | Jul 24, 2021 | Apr 24, 2021 | Jan 23, 2021 | Oct 24, 2020 | Jul 25, 2020 | Apr 25, 2020 | Jan 25, 2020 | Oct 26, 2019 | Jul 27, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 43.07% | 43.88% | 43.44% | 42.70% | 41.55% | 39.93% | 39.29% | 38.79% | 38.86% | 39.55% | 40.60% | 41.85% | 42.68% | 43.61% | 43.35% | 42.52% | 42.34% | 41.30% | 40.95% | 40.68% |
| Operating profit margin | 7.37% | 7.53% | 7.76% | 8.68% | 9.00% | 9.55% | 9.42% | 9.24% | 8.77% | 8.12% | 8.27% | 8.45% | 7.88% | 6.33% | 7.43% | 6.32% | 6.97% | 7.96% | 7.35% | 7.32% |
| Pretax margin | 8.00% | 7.61% | 7.72% | 8.51% | 8.70% | 9.56% | 9.33% | 9.13% | 8.62% | 8.06% | 8.57% | 8.73% | 8.35% | 6.75% | 7.11% | 6.12% | 6.67% | 5.87% | 5.49% | 5.24% |
| Net profit margin | 5.99% | 5.73% | 5.68% | 6.27% | 6.41% | 7.03% | 6.90% | 6.73% | 6.37% | 5.93% | 6.26% | 6.40% | 6.14% | 4.50% | 4.82% | 4.07% | 4.55% | 4.28% | 3.98% | 3.85% |
La-Z-Boy Incorporated's profitability ratios have shown fluctuations over the past several quarters. The gross profit margin has generally been above 40%, indicating the company's ability to generate revenues after accounting for the cost of goods sold. However, there has been a slight decline in the gross profit margin in recent periods.
The operating profit margin has also varied, with some quarters showing higher levels above 9% while others below 8%. This metric reflects the company's ability to control operating expenses and generate profits from its core business activities.
The pretax margin, which indicates the percentage of each dollar of revenue that translates into pre-tax profits, has shown some inconsistency. It has ranged from around 5% to 9%, which suggests the company's performance in managing taxes and other costs before considering the effect of taxes.
The net profit margin, which represents the company's bottom line profitability after all expenses have been deducted, has also fluctuated. La-Z-Boy Inc.'s net profit margin has ranged from around 3.85% to 7.03%, showing variations in the ability to generate profits after all expenses, including taxes and interest payments.
Overall, while La-Z-Boy Inc. has maintained positive profitability margins, the fluctuations in these ratios indicate the company may be facing challenges in consistently controlling costs and maximizing profits. Further analysis would be needed to understand the specific factors driving these fluctuations and their impact on the company's overall financial performance.
Return on investment
| Apr 27, 2024 | Jan 27, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 22, 2022 | Oct 23, 2021 | Jul 24, 2021 | Apr 24, 2021 | Jan 23, 2021 | Oct 24, 2020 | Jul 25, 2020 | Apr 25, 2020 | Jan 25, 2020 | Oct 26, 2019 | Jul 27, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 7.88% | 8.07% | 8.78% | 10.46% | 11.33% | 12.79% | 12.53% | 11.73% | 10.70% | 9.23% | 9.34% | 9.22% | 7.65% | 5.75% | 7.15% | 6.63% | 8.28% | 9.88% | 9.41% | 9.54% |
| Return on assets (ROA) | 6.41% | 6.14% | 6.42% | 7.56% | 8.07% | 9.41% | 9.18% | 8.54% | 7.76% | 6.74% | 7.06% | 6.98% | 5.96% | 4.10% | 4.64% | 4.27% | 5.40% | 5.32% | 5.09% | 5.02% |
| Return on total capital | 15.03% | 15.82% | 17.12% | 20.28% | 22.45% | 26.06% | 26.62% | 26.94% | 25.50% | 22.96% | 22.25% | 22.07% | 17.68% | 12.84% | 15.80% | 14.09% | 16.95% | 19.96% | 18.85% | 19.02% |
| Return on equity (ROE) | 12.23% | 12.03% | 12.53% | 14.65% | 16.00% | 19.18% | 19.49% | 19.63% | 18.50% | 16.77% | 16.83% | 16.71% | 13.76% | 9.14% | 10.25% | 9.07% | 11.06% | 10.74% | 10.20% | 10.00% |
La-Z-Boy Incorporated has shown a consistent and positive trend in its profitability ratios over the past few quarters.
- The Operating return on assets (Operating ROA) has been relatively steady, ranging from 7.15% to 12.79%. This indicates the company's ability to generate operating income from its assets.
- Return on assets (ROA) has also shown a positive trend, ranging from 4.10% to 9.41%. This ratio reflects the company's efficiency in generating profits from its total assets.
- Return on total capital has seen consistent growth, ranging from 12.84% to 26.94%. This shows the company's capability to generate returns from all forms of capital, including debt and equity.
- Return on equity (ROE) has followed a similar upward trend, ranging from 9.07% to 19.63%. This ratio demonstrates the company's ability to generate returns for its shareholders.
Overall, La-Z-Boy Incorporated has exhibited solid profitability performance, demonstrating efficient use of its assets and capital to generate returns for its investors.