Flexsteel vs La-Z-Boy
La-Z-Boy reported revenue of $2.1 billion in fiscal 2026, 4.6 times Flexsteel's $459 million in fiscal 2026. Flexsteel's revenue grew 4.1% in its latest year, and La-Z-Boy's grew 0.8%. Flexsteel had an operating margin of 9.3%, against 6.1% at La-Z-Boy. Free cash flow was $48 million at Flexsteel and $128 million at La-Z-Boy. Their fiscal years end in different months (June 30 and April 25), so the periods don't line up exactly.
Side by side
| Flexsteel | La-Z-Boy | |
|---|---|---|
| Latest fiscal year | FY2026, Jun 30, 2026 | FY2026, Apr 25, 2026 |
| Revenue | $459M | $2.1B |
| Revenue growth | 4.1% | 0.8% |
| Revenue growth a year, last 5 years | −0.8% | 4.2% |
| Gross margin | 24.7% | 44.0% |
| Operating margin | 9.3% | 6.1% |
| Net margin | 7.2% | 4.8% |
| Free cash flow | $48M | $128M |
| Free cash flow margin | 10.4% | 6.0% |
| Return on capital | — | 13.1% |
| Net debt to EBITDA | — | −1.7x |
| Dividends and buybacks | $4M | $85M |
| Change in diluted share count | −3.9% | −2.4% |
| Last close | $71.47 | $31.73 |
| P/E at the last close | 11.9× | 16.0× |
| Insider trades, last 12 months | — | sold $3.0 million |
| Piotroski F-score | — | 7 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
FlexsteelLa-Z-Boy
Operating margin
Percent of revenue
FlexsteelLa-Z-Boy
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
FlexsteelLa-Z-Boy
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Flexsteel and La-Z-Boy pages.