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La-Z-Boy LZB Workers' compensation

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Other financials

Income statement

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Revenue$570.3M-0.1%
Gross profit$262.8M+4.7%
Operating income$41.2M+39.6%
Net income$33.3M+123%
EPS (diluted)$0.82+134%

Balance sheet

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Cash & equivalents$303.2M-7.7%
Total debt$565.2M+14.9%
Total equity$1.0B+2.9%
Total assets$2.0B+6.3%

Cash flow

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Operating cash flow$28.4M-54.2%
CapEx$19.6M-14.0%
Free cash flow$8.8M-77.5%

Valuation

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Market cap$1.67B-10.7%
Enterprise value$1.93B-4.0%
P/E16.4×-2.4×
P/S0.8×-0.1×

Profitability

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Gross margin44%+0.1pp
Operating margin6.1%-0.4pp
Net margin4.8%+0.1pp
FCF margin6%+0.6pp

Returns & leverage

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Return on equity9.9%0.0pp
Debt / equity0.5×+0.1×
Current ratio1.8×-0.1×

Where this comes from

Reported directly by La-Z-Boy in its filing.

Tagged under the XBRL concept lzb:DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsWorkersCompensation.

The official record: La-Z-Boy’s 10-K, filed June 16, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is La-Z-Boy's workers' compensation?
La-Z-Boy (LZB) reported workers' compensation of $1.98M in Q1 2026.
How has La-Z-Boy's workers' compensation changed year-over-year?
La-Z-Boy's workers' compensation increased by 1.0% year-over-year, from $1.96M to $1.98M.
What is the long-term trend for La-Z-Boy's workers' compensation?
Over 5 years (2021 to 2026), La-Z-Boy's workers' compensation has grown at a -5.0% compound annual growth rate (CAGR), from $2.56M to $1.98M.
What does workers' compensation mean?
Tax assets created by the timing difference between when compensation expenses are recognized for financial reporting and when they are deductible for tax purposes. This reflects the company's management of employee-related liabilities and tax-deductible expenses. It helps investors assess the impact of compensation structures on the company's effective tax rate.