LZB (La-Z-Boy) Piotroski F-Score: 7 (As of Jun. 26, 2026) — 17% Above Median


LZB La-Z-Boy Inc LZB
81 GF Score
Price $40.80
GF Value $38.97
Valuation Fairly Valued
! 9 Warning Signs
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What is La-Z-Boy Piotroski F-Score?

La-Z-Boy LZB -2.51% 81 Piotroski F-Score is 7 as of Jun. 26, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates LZB with a GF Score™ of 81/100 and a GF Value™ of $38.97 (Fairly Valued). The stock has 9 warning signs investors should review. Among 428 Furnishings, Fixtures & Appliances companies, La-Z-Boy ranks better than 90.65% on this metric.

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

La-Z-Boy has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for La-Z-Boy's Piotroski F-Score or its related term are showing as below:

LZB' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 6   Max: 8
Current: 7

During the past 13 years, the highest Piotroski F-Score of La-Z-Boy was 8. The lowest was 5. And the median was 6.

La-Z-Boy  (NYSE:LZB) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


La-Z-Boy Piotroski F-Score Related Terms


La-Z-Boy Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for La-Z-Boy's Piotroski F-Score 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.

La-Z-Boy Piotroski F-Score Chart

La-Z-Boy Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 5.00 6.00 8.00 7.00

La-Z-Boy Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.00 6.00 6.00 4.00 7.00

LZB vs LEG, TILE, MBC: Piotroski F-Score Comparison

For the Furnishings, Fixtures & Appliances subindustry, La-Z-Boy's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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 Piotroski F-Score vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, La-Z-Boy's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where La-Z-Boy's Piotroski F-Score falls into.


LZB
81GF Score
La-Z-Boy Inc LZB
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* 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.

This Year (Apr26) TTM:Last Year (Apr25) TTM:
Net Income was 18.204 + 28.858 + 21.65 + 33.273 = $102 Mil.
Cash Flow from Operations was 36.292 + 50.032 + 89.366 + 28.416 = $204 Mil.
Revenue was 492.229 + 522.48 + 541.588 + 570.338 = $2,127 Mil.
Gross Profit was 209.197 + 231.138 + 233.511 + 262.755 = $937 Mil.
Average Total Assets from the begining of this year (Apr25)
to the end of this year (Apr26) was
(1922.162 + 1925.953 + 1958.758 + 2086.963 + 2042.335) / 5 = $1987.2342 Mil.
Total Assets at the begining of this year (Apr25) was $1,922 Mil.
Long-Term Debt & Capital Lease Obligation was $476 Mil.
Total Current Assets was $774 Mil.
Total Current Liabilities was $430 Mil.
Net Income was 26.159 + 30.037 + 28.429 + 14.931 = $100 Mil.

Revenue was 495.532 + 521.027 + 521.777 + 570.871 = $2,109 Mil.
Gross Profit was 213.343 + 230.648 + 231.365 + 251.062 = $926 Mil.
Average Total Assets from the begining of last year (Apr24)
to the end of last year (Apr25) was
(1913.442 + 1917.615 + 1928.195 + 1958.884 + 1922.162) / 5 = $1928.0596 Mil.
Total Assets at the begining of last year (Apr24) was $1,913 Mil.
Long-Term Debt & Capital Lease Obligation was $410 Mil.
Total Current Assets was $806 Mil.
Total Current Liabilities was $421 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

La-Z-Boy's current Net Income (TTM) was 102. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

La-Z-Boy's current Cash Flow from Operations (TTM) was 204. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Apr25)
=101.985/1922.162
=0.05305744

ROA (Last Year)=Net Income/Total Assets (Apr24)
=99.556/1913.442
=0.0520298

La-Z-Boy's return on assets of this year was 0.05305744. La-Z-Boy's return on assets of last year was 0.0520298. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

La-Z-Boy's current Net Income (TTM) was 102. La-Z-Boy's current Cash Flow from Operations (TTM) was 204. ==> 204 > 102 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Apr26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Apr25 to Apr26
=475.526/1987.2342
=0.23929037

Gearing (Last Year: Apr25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Apr24 to Apr25
=410.265/1928.0596
=0.21278647

La-Z-Boy's gearing of this year was 0.23929037. La-Z-Boy's gearing of last year was 0.21278647. ==> Last year is lower than this year ==> Score 0.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Apr26)=Total Current Assets/Total Current Liabilities
=773.914/429.895
=1.80023959

Current Ratio (Last Year: Apr25)=Total Current Assets/Total Current Liabilities
=805.688/420.791
=1.91469875

La-Z-Boy's current ratio of this year was 1.80023959. La-Z-Boy's current ratio of last year was 1.91469875. ==> Last year's current ratio is higher ==> Score 0.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

La-Z-Boy's number of shares in issue this year was 40.792. La-Z-Boy's number of shares in issue last year was 42.24. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=936.601/2126.635
=0.44041455

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=926.418/2109.207
=0.43922574

La-Z-Boy's gross margin of this year was 0.44041455. La-Z-Boy's gross margin of last year was 0.43922574. ==> This year's gross margin is higher. ==> Score 1.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Apr25)
=2126.635/1922.162
=1.10637657

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Apr24)
=2109.207/1913.442
=1.10231039

La-Z-Boy's asset turnover of this year was 1.10637657. La-Z-Boy's asset turnover of last year was 1.10231039. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+1+1+0+0+1+1+1
=7

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

La-Z-Boy has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 7 mean?
La-Z-Boy (LZB) has a Piotroski F-Score of 7 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on La-Z-Boy and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, La-Z-Boy's Piotroski F-Score has ranged from 5.00 to 8.00. According to the industry distribution chart, La-Z-Boy ranks #40 out of 428 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 9.3%.
Is La-Z-Boy's Piotroski F-Score too high?
La-Z-Boy's current Piotroski F-Score of 7 is 17% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 8.00. The Furnishings, Fixtures & Appliances industry median Piotroski F-Score is 5.00. La-Z-Boy's value of 7 is 40% above this industry median. Based on the distribution chart, La-Z-Boy ranks #40 out of 428 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, La-Z-Boy has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does La-Z-Boy's Piotroski F-Score compare to LEG and TILE?
According to the Furnishings, Fixtures & Appliances industry distribution chart, La-Z-Boy ranks #40 out of 428 companies for Piotroski F-Score. This places La-Z-Boy in the top 9% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. La-Z-Boy's value of 7 is 40% above this benchmark. Historically, La-Z-Boy's own Piotroski F-Score has ranged from 5.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, 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 Piotroski F-Score for a Furnishings, Fixtures & Appliances company?
The median Piotroski F-Score among Furnishings, Fixtures & Appliances companies is 5.00, based on 428 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. La-Z-Boy's current Piotroski F-Score of 7 is 40% 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 Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on La-Z-Boy and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. La-Z-Boy's current Piotroski F-Score is 7, which is 17% above median its own 10-year median of 6.00. 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 $38.97, compared to a current price of $40.80 — trading 4.7% above its estimated fair value. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 40% above the Furnishings, Fixtures & Appliances industry median of 5.00. La-Z-Boy's overall GF Score™ is 81/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For La-Z-Boy (LZB), the current Piotroski F-Score is 7 as of Jun. 26, 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 $40.80 is trading 4.7% above its estimated GF Value™ of $38.97. GuruFocus considers La-Z-Boy to be Fairly Valued.

Key valuation signals for LZB:

  • Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
  • GF Value™: $38.97 vs. price of $40.80 (4.7% above fair value)
  • GF Score™: 81/100 with 9 warning signs
  • Industry Position: 40% above the Furnishings, Fixtures & Appliances median (#40 of 428)

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 Business Description

Other Exchanges LAZ:Germany
Address One La-Z-Boy Drive, Monroe, MI, USA, 48162-5138
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.
81GF Score

Get the complete analysis for LZB

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$40.80
Price
$38.97
GF Value