La-Z-Boy Incorporated
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. La-Z-Boy Incorporated's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 13% to $2,047,027,000. Profit margin reached 6%. Total operating expenses were $730,874,000.
Profit Margin
| 2015 | 1.42B | 70.77M | 4.97% |
|---|---|---|---|
| 2016 | 1.52B | 79.25M | 5.2% |
| 2017 | 1.52B | 85.92M | 5.65% |
| 2018 | 1.58B | 80.86M | 5.11% |
| 2019 | 1.74B | 68.57M | 3.93% |
| 2020 | 1.70B | 77.46M | 4.55% |
| 2021 | 1.73B | 106.46M | 6.14% |
| 2022 | 2.35B | 150.01M | 6.37% |
| 2023 | 2.34B | 150.66M | 6.41% |
| 2024 | 2.04B | 122.62M | 5.99% |
LZB Income Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 2.04B | 2.34B | 2.35B | 1.73B | 1.70B | 1.74B | 1.58B | 1.52B | 1.52B | 1.42B |
Cost of revenue | 1.16B | 1.34B | 1.44B | 993.98M | 982.53M | 1.04B | 961.2M | 913.51M | 943.36M | 920.90M |
Gross profit | 881.67M | 1.00B | 915.96M | 740.26M | 721.44M | 702.57M | 622.74M | 606.54M | 582.03M | 504.49M |
Operating exp. | ||||||||||
Research and development | 9.6M | 9.1M | 9M | 7.6M | 10.8M | 9.1M | 7.9M | 8M | 8.4M | 6.1M |
Selling and marketing | 150.9M | 159M | 126.8M | 94.6M | 108.3M | 106.4M | 88.3M | 82.1M | 70.8M | 63.3M |
Total operating expenses | 730.87M | 797.26M | 709.21M | 603.52M | 575.82M | 572.89M | 493.37M | 475.96M | 459.14M | 401.45M |
Operating income | 150.79M | 211.43M | 206.75M | 136.73M | 118.76M | 129.67M | 129.36M | 130.58M | 122.38M | 103.16M |
Other income (expenses), net | 14.95M | -5.65M | -1.26M | 9.17M | -3.58M | -34.90M | -1.65M | -2.60M | 1.80M | 2.46M |
Income before tax | 165.75M | 205.78M | 205.49M | 145.91M | 115.17M | 95.32M | 128.89M | 130.74M | 125.04M | 105.62M |
Income tax expense | 41.11M | 53.84M | 53.16M | 38.38M | 36.18M | 25.18M | 47.29M | 43.75M | 44.08M | 36.95M |
Net income | 122.62M | 150.66M | 150.01M | 106.46M | 77.46M | 68.57M | 80.86M | 85.92M | 79.25M | 70.77M |
Earnings per share | ||||||||||
Basic EPS | 2.86 | 3.49 | 3.41 | 2.31 | 1.67 | 1.46 | 1.7 | 1.75 | 1.57 | 1.36 |
Diluted EPS | 2.83 | 3.48 | 3.39 | 2.3 | 1.66 | 1.45 | 1.68 | 1.73 | 1.55 | 1.34 |
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