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La-Z-BoyLZB -1.87%83 Debt-to-Equity is 0.54 as of Apr. 2026, which is 13% above its 10-year median of 0.48. GuruFocus rates LZB with a GF Score™ of 83/100 and a GF Value™ of $39.10 (Fairly Valued). The stock has 9 warning signs investors should review. Among 379 Furnishings, Fixtures & Appliances companies, La-Z-Boy ranks worse than 65.7% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for La-Z-Boy's Debt-to-Equity or its related term are showing as below:
LZB'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.48 Max: 0.58
Current: 0.54
During the past 13 years, the highest Debt-to-Equity Ratio of La-Z-Boy was 0.58. The lowest was 0.00. And the median was 0.48.
LZB's Debt-to-Equity is ranked worse than 65.7% of 379
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.31
vs LZB: 0.54
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
La-Z-Boy Debt-to-Equity Related Terms
La-Z-Boy Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for La-Z-Boy's Debt-to-Equity 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.
For the Furnishings, Fixtures & Appliances subindustry, La-Z-Boy's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
La-Z-Boy Debt-to-Equity vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, La-Z-Boy's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where La-Z-Boy's Debt-to-Equity falls into.
* 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 (LZB) has a Debt-to-Equity of 0.54 as of Apr. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on La-Z-Boy and its competitors. This is 13% above median its historical median of 0.48. According to the industry distribution chart, La-Z-Boy ranks #249 out of 379 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 65.7%.
Is La-Z-Boy's Debt-to-Equity too high?
La-Z-Boy's current Debt-to-Equity of 0.54 is 13% above median its 10-year median of 0.48. The Furnishings, Fixtures & Appliances industry median Debt-to-Equity is 0.31. La-Z-Boy's value of 0.54 is 74.2% above this industry median. Based on the distribution chart, La-Z-Boy ranks #249 out of 379 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, La-Z-Boy has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does La-Z-Boy's Debt-to-Equity compare to LEG and MLKN?
According to the Furnishings, Fixtures & Appliances industry distribution chart, La-Z-Boy ranks #249 out of 379 companies for Debt-to-Equity. This places La-Z-Boy in the lower half of its industry. The industry median Debt-to-Equity is 0.31. La-Z-Boy's value of 0.54 is 74.2% above this benchmark. While the company's 10-year median is 0.48 vs. the industry median of 0.31, La-Z-Boy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Furnishings, Fixtures & Appliances company?
The median Debt-to-Equity among Furnishings, Fixtures & Appliances companies is 0.31, based on 379 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. La-Z-Boy's current Debt-to-Equity of 0.54 is 74.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on La-Z-Boy and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Debt-to-Equity is 0.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. La-Z-Boy's current Debt-to-Equity is 0.54, which is 13% above median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is La-Z-Boy stock overvalued right now?
Based on GuruFocus' analysis, La-Z-Boy (LZB) is currently considered Fairly Valued. The stock's GF Value™ is $39.10, compared to a current price of $39.38 — trading 0.7% above its estimated fair value. The current Debt-to-Equity is 0.54, which is 13% above median its 10-year median of 0.48 and 74.2% above the Furnishings, Fixtures & Appliances industry median of 0.31. La-Z-Boy's overall GF Score™ is 83/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For La-Z-Boy (LZB), the current Debt-to-Equity is 0.54 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is La-Z-Boy (LZB) Overvalued in 2026?
Based on GuruFocus' analysis, La-Z-Boy stock appears to be overvalued.
The current stock price of $39.38 is trading 0.7% above its estimated GF Value™ of $39.10.
GuruFocus considers La-Z-Boy to be Fairly Valued.
Key valuation signals for LZB:
Debt-to-Equity: 0.54 (13% above median its 10-year median of 0.48)
GF Value™: $39.10 vs. price of $39.38 (0.7% above fair value)
Industry Position: 74.2% above the Furnishings, Fixtures & Appliances median (#249 of 379)
No single metric tells the full story. See the LZB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
La-Z-Boy Inc is a world'wide producer of reclining chairs and one of the manufacturers/distributors of residential furniture in the United States. It manufacture, market, import, export, distribute and retail upholstery furniture products. In addition, it import, distribute and retail accessories and casegoods (wood) furniture products. Its reportable operating segments include the Retail segment and the Wholesale segment. Its Retail segment mainly sells upholstered furniture. Wholesale segment manufactures and imports upholstered and casegoods (wood) furniture and sells directly. The company generates majority of revenue from Wholesale segment which manufactures and imports upholstered furniture, such as recliners and motion furniture, sofas, loveseats, chairs, sectionals, modulars, etc.
83GF Score
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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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