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Flexsteel Industries vs La-Z-Boy: revenue, profit, margins and growth compared

Flexsteel Industries brought in $459.2M of revenue in fiscal 2026, La-Z-Boy $2.1B in fiscal 2026. Revenue changed by +4.1% at Flexsteel Industries and +0.8% at La-Z-Boy on the year before, so Flexsteel Industries grew faster. Flexsteel Industries kept 7.2% of its revenue as net profit, La-Z-Boy 4.8%. Free cash flow was $47.6M at Flexsteel Industries and $127.8M at La-Z-Boy.

Side by side, latest fiscal year

FLXSLZB
Fiscal year endedFY2026 (June 30, 2026)FY2026 (April 25, 2026)
Revenue$459.2M$2.1B
Revenue growth+4.1%+0.8%
Net income$33.1M$102M
Net margin7.2%4.8%
Free cash flow$47.6M$127.8M
Free cash flow margin10.4%6.0%
Earnings per share (diluted)$6.07$2.47
Cash$16.7M$303.2M
Debtn/an/a
Price to earnings14.712.1
Market value$478.6M$1.2B
Dividend yield0.95%2.55%
Rank by revenue in sector#573 of 778 · Consumer discretionary#345 of 778 · Consumer discretionary

Over the years

Revenue
FLXS FY2019: $443.6MFLXS FY2020: $366.9MFLXS FY2021: $478.9MFLXS FY2022: $544.3MFLXS FY2023: $393.7MFLXS FY2024: $412.8MFLXS FY2025: $441.1MFLXS FY2026: $459.2MLZB FY2019: $1.7BLZB FY2020: $1.7BLZB FY2021: $1.7BLZB FY2022: $2.4BLZB FY2023: $2.3BLZB FY2024: $2BLZB FY2025: $2.1BLZB FY2026: $2.1BFY19FY20FY21FY22FY23FY24FY25FY26
FLXS $459.2MLZB $2.1B
Net income
FLXS FY2019: -$32.6MFLXS FY2020: -$26.8MFLXS FY2021: $23MFLXS FY2022: $1.9MFLXS FY2023: $14.8MFLXS FY2024: $10.5MFLXS FY2025: $20.2MFLXS FY2026: $33.1MLZB FY2019: $68.6MLZB FY2020: $77.5MLZB FY2021: $106.5MLZB FY2022: $150MLZB FY2023: $150.7MLZB FY2024: $122.6MLZB FY2025: $99.6MLZB FY2026: $102MFY19FY20FY21FY22FY23FY24FY25FY26
FLXS $33.1MLZB $102M
Net margin
FLXS FY2019: -7.4%FLXS FY2020: -7.3%FLXS FY2021: 4.8%FLXS FY2022: 0.3%FLXS FY2023: 3.8%FLXS FY2024: 2.6%FLXS FY2025: 4.6%FLXS FY2026: 7.2%LZB FY2019: 3.9%LZB FY2020: 4.5%LZB FY2021: 6.1%LZB FY2022: 6.4%LZB FY2023: 6.4%LZB FY2024: 6.0%LZB FY2025: 4.7%LZB FY2026: 4.8%FY19FY20FY21FY22FY23FY24FY25FY26
FLXS 7.2%LZB 4.8%
Revenue growth
FLXS FY2020: -17.3%FLXS FY2021: +30.5%FLXS FY2022: +13.6%FLXS FY2023: -27.7%FLXS FY2024: +4.8%FLXS FY2025: +6.9%FLXS FY2026: +4.1%LZB FY2020: -2.4%LZB FY2021: +1.8%LZB FY2022: +35.9%LZB FY2023: -0.3%LZB FY2024: -12.9%LZB FY2025: +3.0%LZB FY2026: +0.8%FY20FY21FY22FY23FY24FY25FY26
FLXS +4.1%LZB +0.8%
Free cash flow
FLXS FY2019: -$14.6MFLXS FY2020: $14.6MFLXS FY2021: -$35.3MFLXS FY2022: $4.1MFLXS FY2023: $18.2MFLXS FY2024: $27.1MFLXS FY2025: $33.7MFLXS FY2026: $47.6MLZB FY2019: $102.3MLZB FY2020: $118.2MLZB FY2021: $272MLZB FY2022: $2.4MLZB FY2023: $136.4MLZB FY2024: $104.6MLZB FY2025: $113MLZB FY2026: $127.8MFY19FY20FY21FY22FY23FY24FY25FY26
FLXS $47.6MLZB $127.8M

Fiscal years as each company reports them; the two may end in different months.

Questions about Flexsteel Industries and La-Z-Boy

Which is bigger by revenue, Flexsteel Industries or La-Z-Boy?

La-Z-Boy is bigger by revenue: $2.1B in fiscal 2026, against $459.2M for Flexsteel Industries in fiscal 2026.

Which keeps more of its revenue as profit, Flexsteel Industries or La-Z-Boy?

Flexsteel Industries had a net margin of 7.2% in fiscal 2026; La-Z-Boy had 4.8% in fiscal 2026.

Which grew revenue faster, Flexsteel Industries or La-Z-Boy?

In their latest fiscal years revenue changed by +4.1% at Flexsteel Industries and +0.8% at La-Z-Boy.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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