La-Z-Boy (STU:LAZ) Tax Rate % : 20.19% (As of Jan. 2024)

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What is La-Z-Boy Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. La-Z-Boy's Tax Expense for the three months ended in Jan. 2024 was €7 Mil. La-Z-Boy's Pre-Tax Income for the three months ended in Jan. 2024 was €33 Mil. Therefore, La-Z-Boy's Tax Rate % for the quarter that ended in Jan. 2024 was 20.19%.

La-Z-Boy Tax Rate % Historical Data

The historical data trend for La-Z-Boy's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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La-Z-Boy Tax Rate % Chart

La-Z-Boy Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Tax Rate %

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26.42

31.42

26.31

25.87

26.17

La-Z-Boy Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Tax Rate %	Get a 7-Day Free Trial															27.66	24.76	26.54	26.46	20.19

La-Z-Boy Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

La-Z-Boy's Tax Rate % for the fiscal year that ended in Apr. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Apr. 2023 )	/	Pre-Tax Income (A: Apr. 2023 )
	=	49.109	/	187.68
	=	26.17 %

La-Z-Boy's Tax Rate % for the quarter that ended in Jan. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Jan. 2024 )	/	Pre-Tax Income (Q: Jan. 2024 )
	=	6.661	/	32.993
	=	20.19 %

La-Z-Boy Tax Rate % Related Terms

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La-Z-Boy (STU:LAZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » La-Z-Boy Inc (STU:LAZ) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

LZB:USA

Address

One La-Z-Boy Drive, Monroe, MI, USA, 48162-5138

Website

https://www.la-z-boy.com

La-Z-Boy Inc is a U.S.-based company that manufactures, distributes, and retails upholstery furniture products. It is a producer of reclining chairs and distributors of residential furniture in the U.S. The company chiefly operates in the United States but also has secondary operations in Canada and other countries. The company's reportable segments include the Wholesale segment, which manufactures and imports upholstered furniture; and Retail, which sells upholstered and case goods furniture to the end consumer. The majority of the company's revenue is derived from its Wholesale segment. Some of the core brands of the firm include England, Kincaid, American Drew, and Hammary.