Is LA-Z-BOY INC (LZB) Halal?

NYSE Consumer Cyclical United States $1.3B
✗ NOT HALAL
Confidence: 90/100
LA-Z-BOY INC (LZB) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 34.4% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. LA-Z-BOY INC operates in the Consumer Cyclical sector.

Shariah Screening — 5 Standards

Based on financial data from April 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 34.4%
/ 30%
23.0%
/ 30%
9.8%
/ 30%
0.71%
/ 5%
✗ NOT HALAL
DJIM 34.4%
/ 33%
23.0%
/ 33%
9.8%
/ 33%
0.71%
/ 5%
✗ NOT HALAL
MSCI 25.5%
/ 33%
17.1%
/ 33%
7.3%
/ 33%
0.71%
/ 5%
✓ HALAL
S&P 34.4%
/ 33%
23.0%
/ 33%
9.8%
/ 33%
0.71%
/ 5%
✗ NOT HALAL
FTSE 25.5%
/ 33%
17.1%
/ 33%
7.3%
/ 50%
0.71%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
16.0
Forward: 10.7
EPS
$2.00
Dividend Yield
303.0%
Payout: 45.1%
P/B Ratio
1.3
EV/EBITDA
8.5
EV: $1.6B
Revenue
$2.1B
Growth: 3.8%
Beta
1.3
High volatility
Current Ratio
1.7

Profitability

Gross Margin 43.6%
Operating Margin 5.4%
Net Margin 3.9%
Return on Equity (ROE) 8.1%
Return on Assets (ROA) 4.3%

Cash Flow & Balance Sheet

Operating Cash Flow$187M
Free Cash Flow$113M
Total Debt$491M
Debt-to-Equity53.9
Current Ratio1.7
Total Assets$1.9B

Price & Trading

Last Close$32.62
50-Day MA$35.90
200-Day MA$36.13
Avg Volume430K
Beta1.3
52-Week Range
$29.03
$44.49

About LA-Z-BOY INC (LZB)

CEO
Ms. Melinda D. Whittington CPA
Employees
10,600
Sector
Consumer Cyclical
Industry
Furnishings, Fixtures & Appliances
Country
United States
Exchange
NYSE
Market Cap
$1.3B
Currency
USD

La-Z-Boy Incorporated manufactures, markets, imports, exports, distributes, and retails upholstery furniture products in the United States, Canada, and internationally. It operates through Wholesale and Retail segments. The Wholesale segment manufactures and imports upholstered furniture, such as recliners and motion furniture, sofas, loveseats, chairs, sectionals, modulars, ottomans, and sleeper sofas; and imports, casegoods (wood) furniture, including bedroom sets, dining room sets, entertainment centers, and occasional pieces. This segment sells its products directly to La-Z-Boy Furniture Galleries stores, operators of La-Z-Boy Comfort Studio and branded space locations, England Custom Comfort Center locations, dealers, and other independent retailers. The Retail segment sells upholstered furniture, casegoods, and other home furnishing accessories to the end consumer through its retail stores network. It licenses La-Z-Boy brand name on various products; and operates Joybird, an e-commerce retailer that manufacturers upholstered furniture, as well as sells to the end consumer primarily online through its www.joybird.com website and small-format stores in urban markets. The company was formerly known as La-Z-Boy Chair Company and changed its name to La-Z-Boy Incorporated in 1996. La-Z-Boy Incorporated was founded in 1927 and is headquartered in Monroe, Michigan.

Related Halal Stocks in Consumer Cyclical

Frequently Asked Questions

Is LA-Z-BOY INC (LZB) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), LA-Z-BOY INC is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is LA-Z-BOY INC's debt ratio?

LA-Z-BOY INC's debt ratio is 34.4% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 25.5%.

What are LA-Z-BOY INC's key financial metrics?

LA-Z-BOY INC has a market capitalization of $1.3B, trailing P/E ratio of 16.0, and revenue of $2.1B. The company maintains a gross margin of 43.6% and a net margin of 3.9%. Return on equity stands at 8.1%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.