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La-Z-BoyLZB +0.34%78 Earnings Yield (Joel Greenblatt) % is 8.31% as of Apr. 2026, which is 10% below its 10-year median of 9.22. GuruFocus rates LZB with a GF Score™ of 78/100 and a GF Value™ of $39.34 (Fairly Valued). The stock has 9 warning signs investors should review. Among 440 Furnishings, Fixtures & Appliances companies, La-Z-Boy ranks better than 61.82% on this metric.
La-Z-Boy's Enterprise Value for the quarter that ended in Apr. 2026 was $1,675 Mil.
La-Z-Boy's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was $139 Mil. La-Z-Boy's Earnings Yield (Joel Greenblatt) for the quarter that ended in Apr. 2026 was 8.31%.
The historical rank and industry rank for La-Z-Boy's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
LZB'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.96 Med: 9.22 Max: 19.38
Current: 7.2
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of La-Z-Boy was 19.38%. The lowest was 4.96%. And the median was 9.22%.
LZB's Earnings Yield (Joel Greenblatt) % is ranked better than 61.82% of 440
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 4.435
vs LZB: 7.20
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. La-Z-Boy's Forward Rate of Return (Yacktman) % for the quarter that ended in Apr. 2026 was 6.45%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
La-Z-Boy Earnings Yield (Joel Greenblatt) % Related Terms
La-Z-Boy Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for La-Z-Boy's Earnings Yield (Joel Greenblatt) % 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 Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % 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 Earnings Yield (Joel Greenblatt) % vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, La-Z-Boy's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where La-Z-Boy's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
La-Z-Boys Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Apr. 2026 is calculated as
La-Z-Boy's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $139 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 8.31% mean?
La-Z-Boy (LZB) has a Earnings Yield (Joel Greenblatt) % of 8.31% as of Apr. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on La-Z-Boy and its competitors. This is 10% below median its historical median of 9.22. Over the past decade, La-Z-Boy's Earnings Yield (Joel Greenblatt) % has ranged from 4.96 to 19.38. According to the industry distribution chart, La-Z-Boy ranks #168 out of 440 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 38.2%.
Is La-Z-Boy's Earnings Yield (Joel Greenblatt) % too high?
La-Z-Boy's current Earnings Yield (Joel Greenblatt) % of 8.31% is 10% below median its 10-year median of 9.22. Over the past 10 years, this metric has ranged from a low of 4.96 to a high of 19.38. The Furnishings, Fixtures & Appliances industry median Earnings Yield (Joel Greenblatt) % is 4.44. La-Z-Boy's value of 8.31% is 87.4% above this industry median. Based on the distribution chart, La-Z-Boy ranks #168 out of 440 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, La-Z-Boy has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does La-Z-Boy's Earnings Yield (Joel Greenblatt) % compare to LEG and MLKN?
According to the Furnishings, Fixtures & Appliances industry distribution chart, La-Z-Boy ranks #168 out of 440 companies for Earnings Yield (Joel Greenblatt) %. This puts La-Z-Boy in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 4.44. La-Z-Boy's value of 8.31% is 87.4% above this benchmark. Historically, La-Z-Boy's own Earnings Yield (Joel Greenblatt) % has ranged from 4.96 to 19.38 over the past decade. While the company's 10-year median is 9.22 vs. the industry median of 4.44, 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 Earnings Yield (Joel Greenblatt) % for a Furnishings, Fixtures & Appliances company?
The median Earnings Yield (Joel Greenblatt) % among Furnishings, Fixtures & Appliances companies is 4.44, based on 440 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. La-Z-Boy's current Earnings Yield (Joel Greenblatt) % of 8.31% is 87.4% 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 Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on La-Z-Boy and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Earnings Yield (Joel Greenblatt) % is 4.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. La-Z-Boy's current Earnings Yield (Joel Greenblatt) % is 8.31%, which is 10% below median its own 10-year median of 9.22. 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 $39.34, compared to a current price of $41.54 — trading 5.6% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 8.31%, which is 10% below median its 10-year median of 9.22 and 87.4% above the Furnishings, Fixtures & Appliances industry median of 4.44. La-Z-Boy's overall GF Score™ is 78/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For La-Z-Boy (LZB), the current Earnings Yield (Joel Greenblatt) % is 8.31% 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 $41.54 is trading 5.6% above its estimated GF Value™ of $39.34.
GuruFocus considers La-Z-Boy to be Fairly Valued.
Key valuation signals for LZB:
Earnings Yield (Joel Greenblatt) %: 8.31% (10% below median its 10-year median of 9.22)
GF Value™: $39.34 vs. price of $41.54 (5.6% above fair value)
Industry Position: 87.4% above the Furnishings, Fixtures & Appliances median (#168 of 440)
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.
78GF Score
Get the complete analysis for LZB
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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