La-Z-Boy Incorporated (LZB)
Return on assets (ROA)
| 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 |
| Total assets | US$ in thousands | 1,922,160 | 1,958,880 | 1,928,200 | 1,917,620 | 1,913,440 | 1,913,440 | 1,918,290 | 1,918,290 | 1,880,020 | 1,880,020 | 1,847,580 | 1,847,580 | 1,866,260 | 1,866,260 | 1,846,360 | 1,846,360 | 1,857,540 | 1,857,540 | 1,918,980 | 1,918,980 |
| ROA | 5.18% | 6.33% | 6.99% | 6.96% | 7.10% | 6.47% | 5.82% | 5.76% | 5.82% | 6.20% | 6.70% | 6.93% | 7.08% | 7.71% | 8.43% | 8.79% | 9.11% | 9.72% | 8.49% | 7.97% |
April 30, 2025 calculation
ROA = Net income (ttm) ÷ Total assets
= $99,556K ÷ $1,922,160K
= 5.18%
The analysis of La-Z-Boy Incorporated's return on assets (ROA) over the specified period reveals a general downward trend in profitability relative to total assets. Beginning in late July 2022, the ROA was approximately 8.49%, with a slight decrease observed by October 2022, where it edged up to 9.72% before settling at 9.11%. The subsequent quarters show a gradual decline, with ROA figures of approximately 8.43% in early 2023 and 7.08% by April 2023.
Throughout the fiscal year, the company's ROA appears to decline steadily, reaching approximately 6.20% in October 2023. The downward trend persists into early 2024, with the ROA registering around 5.82% in January 2024, before exhibiting a modest recovery in April 2024, rising to about 7.10%. Following this brief uptick, the ROA again shows fluctuation, moving to approximately 6.96% in July 2024 and nearly steady at 6.99% in October 2024.
In the most recent data, there is a noticeable decline, with the ROA falling to approximately 5.18% by April 2025. Overall, this indicates that La-Z-Boy's efficiency in generating profit from its assets has diminished over the observed period, with some periods of marginal recovery. The trend suggests increased challenges or changes in operational efficiency, asset utilization, or profitability margins over time.
Peer comparison
Apr 30, 2025