La-Z-Boy Incorporated (LZB)
Return on equity (ROE)
| 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 | Apr 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | 153,918 |
| Total stockholders’ equity | US$ in thousands | 1,021,270 | 1,009,920 | 999,209 | 1,003,060 | 1,003,060 | 978,220 | 978,220 | 964,283 | 964,283 | 953,262 | 953,262 | 941,836 | 941,836 | 906,098 | 906,098 | 874,658 | 874,658 | 835,262 | 835,262 | 810,725 |
| ROE | 12.14% | 13.35% | 13.35% | 13.55% | 12.34% | 11.42% | 11.30% | 11.34% | 12.08% | 12.98% | 13.42% | 14.04% | 15.28% | 17.17% | 17.92% | 19.34% | 20.64% | 19.50% | 18.30% | 18.99% |
January 31, 2025 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $123,933K ÷ $1,021,270K
= 12.14%
La-Z-Boy Incorporated's return on equity (ROE) has fluctuated over the past few years, ranging from a high of 20.64% on October 29, 2022, to a low of 11.30% on January 27, 2024. The company's ROE peaked in late 2022 before gradually declining through 2023 and into early 2024, indicating a potential decrease in profitability and efficiency in generating returns for shareholders. However, it slightly improved to 13.55% on April 30, 2024.
Overall, the trend shows some volatility in La-Z-Boy's ROE performance, with fluctuations that may warrant further investigation into the factors influencing the company's profitability and efficiency in utilizing shareholders' equity. It is essential for stakeholders to closely monitor these changes to assess the company's financial health and future prospects.
Peer comparison
Jan 31, 2025