La-Z-Boy Incorporated (LZB)
Return on assets (ROA)
| Apr 30, 2025 | Apr 30, 2024 | Apr 27, 2024 | Apr 30, 2023 | Apr 29, 2023 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 99,556 | 122,626 | 122,626 | 150,664 | 150,664 |
| Total assets | US$ in thousands | 1,922,160 | 1,913,440 | 1,913,440 | 1,866,260 | 1,866,260 |
| ROA | 5.18% | 6.41% | 6.41% | 8.07% | 8.07% |
April 30, 2025 calculation
ROA = Net income ÷ Total assets
= $99,556K ÷ $1,922,160K
= 5.18%
The Return on Assets (ROA) for La-Z-Boy Incorporated has experienced a noticeable decline over the reported periods. On April 29, 2023, the ROA was recorded at 8.07%, which remained unchanged through April 30, 2023. By April 27, 2024, the ROA declined to 6.41%, maintaining this level through April 30, 2024. The most recent data indicates a further decrease, with the ROA falling to 5.18% as of April 30, 2025. This downward trend suggests that La-Z-Boy's efficiency in generating net income from its assets has diminished over the analyzed timeframe. The consistent decline in ROA points to potential challenges in profit generation relative to the asset base, which could be due to factors such as increased asset base, decreased profitability, or a combination of both.
Peer comparison
Apr 30, 2025