Flexsteel Industries vs La-z-boy
La-z-boy is the larger business, with $2.13bn of revenue in fiscal 2026 against $459m for Flexsteel Industries (4.6 times as much). Flexsteel Industries grew faster (4.1% against 0.8%). Flexsteel Industries kept more of each dollar of sales as profit: a net margin of 7.2% against 4.8%. Flexsteel Industries carries less debt relative to equity (0.0% against 0.0%).
| Latest fiscal year | Flexsteel IndustriesFLXS, 2026 | La-z-boyLZB, 2026 |
|---|---|---|
| Revenue | $459m | $2.13bn |
| Revenue growth | 4.1% | 0.8% |
| Net income | $33.1m | $102m |
| Operating margin | 9.3% | 6.1% |
| Net margin | 7.2% | 4.8% |
| Return on equity | 22.0% | 9.9% |
| Free cash flow | $47.6m | $128m |
| Cash | $16.7m | $303m |
| Total debt | $0 | $0 |
| Debt to equity | 0.0% | 0.0% |
| Dividend per share | $0.85 | $0.76 |
| Dividend yield | 1.4% | 3.0% |
| Share buybacks | — | $47.3m |
| Employees | 900 | 10,200 |
| Market value | $304m | $1.25bn |
| Price vs our value range | Below our value range | Below our value range |
| Moat score | 37 (Weak) | 64 (Moderate) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 10 sales |