La-Z-Boy's Operating Income for the
three
months ended in Jan. 2024 was $33 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Jan. 2024 was $155 Mil.
Operating Margin % is calculated as Operating Income divided by its Revenue. La-Z-Boy's Operating Income for the
three
months ended in Jan. 2024 was $33 Mil. La-Z-Boy's Revenue for the
three
months ended in Jan. 2024 was $500 Mil. Therefore, La-Z-Boy's Operating Margin % for the quarter that ended in Jan. 2024 was 6.51%.
Good Sign:
La-Z-Boy Inc operating margin is expanding. Margin expansion is usually a good sign.
La-Z-Boy's 5-Year average Growth Rate for Operating Margin % was 2.60% per year.
Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
La-Z-Boy's annualizedROC % for the quarter that ended in Jan. 2024 was 8.58%.
La-Z-Boy's annualizedROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 16.17%.
La-Z-Boy Operating Income Historical Data
The historical data trend for La-Z-Boy's Operating Income 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.
* Premium members only.
La-Z-Boy Annual Data
Trend
Apr14
Apr15
Apr16
Apr17
Apr18
Apr19
Apr20
Apr21
Apr22
Apr23
Operating Income
129.67
145.62
136.74
206.76
211.44
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
Operating Income
42.84
54.07
34.53
33.61
32.56
La-Z-Boy Operating Income Calculation
Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.
Operating Income for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $155 Mil.
* 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.
La-Z-Boy (NYSE:LZB) Operating Income Explanation
1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
La-Z-Boy's annualizedROC % for the quarter that ended in Jan. 2024 is calculated as:
* 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.
4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.
Be Aware
Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
La-Z-Boy Operating Income Related Terms
Thank you for viewing the detailed overview of La-Z-Boy's Operating Income provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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