HNI vs LZB
HNI Corp. and La-z-boy Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | HNI | LZB |
|---|---|---|
| Revenue | $2.8B | $2.1B |
| Net income | $54.2M | $102.0M |
| Gross margin | 41.4% | 44.0% |
| Net margin | 1.9% | 4.8% |
| Return on equity | 4.1% | 9.9% |
| Diluted EPS | $1.11 | $2.47 |
| Dividend / share | $1.35 | $0.76 |
| Payout ratio | 116.4% | 37.2% |
| Free cash flow | $208.5M | $127.8M |
| Equity | $1.8B | $1.0B |
| Net debt / equity | 0.59× | · |
| Current ratio | 1.24× | 1.80× |
| Revenue CAGR 5y | 7.7% | 4.2% |
| Profit CAGR 5y | 5.3% | −0.9% |
HNI bills 1.3× the revenue of LZB, and LZB keeps more of each dollar of revenue as profit (4.8% against 1.9%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | HNI | LZB |
|---|---|---|
| FY2025 | $2.8B | $2.1B |
| FY2024 | $2.5B | $2.1B |
| FY2023 | $2.4B | $2.0B |
| FY2022 | $2.4B | $2.3B |
| FY2021 | $2.2B | $2.4B |
| FY2020 | $2.0B | $1.7B |
| FY2019 | $2.2B | $1.7B |
| FY2018 | $2.3B | $1.7B |
| FY2017 | $2.2B | $1.6B |
| FY2016 | $2.2B | $1.5B |
Bottom line
| Fiscal year | HNI | LZB |
|---|---|---|
| FY2025 | $54.2M | $102.0M |
| FY2024 | $139.5M | $99.6M |
| FY2023 | $49.2M | $122.6M |
| FY2022 | $123.9M | $150.7M |
| FY2021 | $59.8M | $150.0M |
| FY2020 | $41.9M | $106.5M |
| FY2019 | $110.5M | $77.5M |
| FY2018 | $93.4M | $68.6M |
| FY2017 | $89.8M | $80.9M |
| FY2016 | $85.6M | $85.9M |
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$712,365,000 | HNI |
| FY2024 | +$417,193,000 | HNI |
| FY2023 | +$386,973,000 | HNI |
| FY2022 | +$12,367,000 | HNI |
| FY2021 | −$172,411,000 | LZB |
| FY2020 | +$221,156,000 | HNI |
| FY2019 | +$542,965,000 | HNI |
| FY2018 | +$512,494,000 | HNI |
| FY2017 | +$591,935,000 | HNI |
| FY2016 | +$683,429,000 | HNI |
| FY2015 | +$779,021,000 | HNI |
| FY2014 | +$797,300,000 | HNI |
| FY2013 | +$702,646,000 | HNI |
| FY2012 | +$730,126,000 | HNI |
| FY2011 | +$666,745,000 | HNI |
| FY2010 | +$499,585,000 | HNI |
| FY2009 | +$444,115,000 | HNI |
The higher-revenue side has changed between HNI and LZB over this period. The gap has widened since the earliest year compared.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −2.9 pp | LZB |
| FY2024 | +0.7 pp | HNI |
| FY2023 | −4.1 pp | LZB |
| FY2022 | −1.2 pp | LZB |
| FY2021 | −3.7 pp | LZB |
| FY2020 | −4.1 pp | LZB |
| FY2019 | +0.3 pp | HNI |
| FY2018 | +0.1 pp | HNI |
| FY2017 | −1.0 pp | LZB |
| FY2016 | −1.8 pp | LZB |
| FY2015 | −0.7 pp | LZB |
| FY2014 | −2.3 pp | LZB |
| FY2013 | −1.1 pp | LZB |
| FY2012 | −1.3 pp | LZB |
| FY2011 | −5.1 pp | LZB |
| FY2010 | +0.1 pp | HNI |
| FY2009 | −3.0 pp | LZB |
The higher net margin has changed hands between HNI and LZB over this period.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
HNI's net margin has been more volatile than LZB's over the 17 comparable fiscal years — 1.5 percentage points of standard deviation against 1.5.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between HNI and LZB over these 17 fiscal years — HNI led in 4 and LZB in 13.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
HNI's return on equity has been more volatile than LZB's over the 17 comparable fiscal years — 6.5 percentage points of standard deviation against 3.7.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between HNI and LZB over these 17 fiscal years — HNI led in 10 and LZB in 7.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.