vs

Side-by-side financial comparison of Healthpeak Properties (DOC) and LA-Z-BOY INC (LZB). Click either name above to swap in a different company.

Healthpeak Properties is the larger business by last-quarter revenue ($719.4M vs $541.6M, roughly 1.3× LA-Z-BOY INC). Healthpeak Properties runs the higher net margin — 73.2% vs 4.0%, a 69.2% gap on every dollar of revenue. On growth, LA-Z-BOY INC posted the faster year-over-year revenue change (3.8% vs 3.1%). Healthpeak Properties produced more free cash flow last quarter ($357.0M vs $71.6M). Over the past eight quarters, Healthpeak Properties's revenue compounded faster (8.9% CAGR vs -1.1%).

Healthpeak Properties, Inc. is an American real estate investment trust that invests in real estate related to the healthcare industry including senior housing, life science, and medical offices. It was organized in 2007 in Maryland and headquartered in Denver, Colorado with offices in Irvine, Nashville and San Francisco. As of December 31, 2019, the company owned interests in 617 properties.

La-Z-Boy Inc. is an American furniture manufacturer based in Monroe, Michigan, United States, that makes home furniture, including upholstered recliners, sofas, stationary chairs, lift chairs and sleeper sofas. The company employs more than 11,000 people.

DOC vs LZB — Head-to-Head

Bigger by revenue
DOC
DOC
1.3× larger
DOC
$719.4M
$541.6M
LZB
Growing faster (revenue YoY)
LZB
LZB
+0.7% gap
LZB
3.8%
3.1%
DOC
Higher net margin
DOC
DOC
69.2% more per $
DOC
73.2%
4.0%
LZB
More free cash flow
DOC
DOC
$285.5M more FCF
DOC
$357.0M
$71.6M
LZB
Faster 2-yr revenue CAGR
DOC
DOC
Annualised
DOC
8.9%
-1.1%
LZB

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
DOC
DOC
LZB
LZB
Revenue
$719.4M
$541.6M
Net Profit
$114.0M
$21.6M
Gross Margin
43.1%
Operating Margin
17.4%
5.5%
Net Margin
73.2%
4.0%
Revenue YoY
3.1%
3.8%
Net Profit YoY
2406.4%
-23.8%
EPS (diluted)
$0.16
$0.52

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DOC
DOC
LZB
LZB
Q1 26
$541.6M
Q4 25
$719.4M
$522.5M
Q3 25
$705.9M
$492.2M
Q2 25
$694.3M
$570.9M
Q1 25
$702.9M
$521.8M
Q4 24
$698.0M
$521.0M
Q3 24
$700.4M
$495.5M
Q2 24
$695.5M
$553.5M
Net Profit
DOC
DOC
LZB
LZB
Q1 26
$21.6M
Q4 25
$114.0M
$28.9M
Q3 25
$-117.1M
$18.2M
Q2 25
$31.7M
$14.9M
Q1 25
$42.8M
$28.4M
Q4 24
$4.5M
$30.0M
Q3 24
$85.9M
$26.2M
Q2 24
$146.0M
$39.3M
Gross Margin
DOC
DOC
LZB
LZB
Q1 26
43.1%
Q4 25
44.2%
Q3 25
58.6%
42.5%
Q2 25
60.2%
44.0%
Q1 25
61.1%
44.3%
Q4 24
60.3%
44.3%
Q3 24
60.0%
43.1%
Q2 24
60.6%
43.4%
Operating Margin
DOC
DOC
LZB
LZB
Q1 26
5.5%
Q4 25
17.4%
6.9%
Q3 25
9.2%
4.5%
Q2 25
5.7%
5.2%
Q1 25
7.7%
6.7%
Q4 24
-2.2%
7.4%
Q3 24
14.1%
6.5%
Q2 24
22.3%
9.1%
Net Margin
DOC
DOC
LZB
LZB
Q1 26
4.0%
Q4 25
73.2%
5.5%
Q3 25
-16.6%
3.7%
Q2 25
4.6%
2.6%
Q1 25
6.1%
5.4%
Q4 24
0.7%
5.8%
Q3 24
12.3%
5.3%
Q2 24
21.0%
7.1%
EPS (diluted)
DOC
DOC
LZB
LZB
Q1 26
$0.52
Q4 25
$0.16
$0.70
Q3 25
$-0.17
$0.44
Q2 25
$0.05
$0.35
Q1 25
$0.06
$0.68
Q4 24
$0.02
$0.71
Q3 24
$0.12
$0.61
Q2 24
$0.21
$0.91

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DOC
DOC
LZB
LZB
Cash + ST InvestmentsLiquidity on hand
$467.5M
$306.1M
Total DebtLower is stronger
$9.8B
Stockholders' EquityBook value
$7.5B
$1.0B
Total Assets
$20.3B
$2.1B
Debt / EquityLower = less leverage
1.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DOC
DOC
LZB
LZB
Q1 26
$306.1M
Q4 25
$467.5M
$338.5M
Q3 25
$91.0M
$318.5M
Q2 25
$89.4M
$328.4M
Q1 25
$70.6M
$314.6M
Q4 24
$119.8M
$303.1M
Q3 24
$180.4M
$342.3M
Q2 24
$106.9M
$341.1M
Total Debt
DOC
DOC
LZB
LZB
Q1 26
Q4 25
$9.8B
Q3 25
$9.1B
Q2 25
$9.0B
Q1 25
$8.9B
Q4 24
$8.7B
Q3 24
$8.6B
Q2 24
$8.6B
Stockholders' Equity
DOC
DOC
LZB
LZB
Q1 26
$1.0B
Q4 25
$7.5B
$1.0B
Q3 25
$7.6B
$1.0B
Q2 25
$7.9B
$1.0B
Q1 25
$8.2B
$1.0B
Q4 24
$8.4B
$1.0B
Q3 24
$8.6B
$999.2M
Q2 24
$8.8B
$1.0B
Total Assets
DOC
DOC
LZB
LZB
Q1 26
$2.1B
Q4 25
$20.3B
$2.0B
Q3 25
$19.6B
$1.9B
Q2 25
$19.8B
$1.9B
Q1 25
$19.8B
$2.0B
Q4 24
$19.9B
$1.9B
Q3 24
$20.0B
$1.9B
Q2 24
$20.2B
$1.9B
Debt / Equity
DOC
DOC
LZB
LZB
Q1 26
Q4 25
1.31×
Q3 25
1.20×
Q2 25
1.14×
Q1 25
1.08×
Q4 24
1.04×
Q3 24
1.00×
Q2 24
0.98×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DOC
DOC
LZB
LZB
Operating Cash FlowLast quarter
$1.3B
$89.4M
Free Cash FlowOCF − Capex
$357.0M
$71.6M
FCF MarginFCF / Revenue
49.6%
13.2%
Capex IntensityCapex / Revenue
124.4%
3.3%
Cash ConversionOCF / Net Profit
10.99×
4.13×
TTM Free Cash FlowTrailing 4 quarters
$158.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DOC
DOC
LZB
LZB
Q1 26
$89.4M
Q4 25
$1.3B
$50.0M
Q3 25
$315.0M
$36.3M
Q2 25
$363.5M
$62.0M
Q1 25
$279.4M
$57.0M
Q4 24
$1.1B
$15.9M
Q3 24
$318.2M
$52.3M
Q2 24
$316.2M
$52.8M
Free Cash Flow
DOC
DOC
LZB
LZB
Q1 26
$71.6M
Q4 25
$357.0M
$29.6M
Q3 25
$17.8M
Q2 25
$39.3M
Q1 25
$38.2M
Q4 24
$333.7M
$-1.2M
Q3 24
$36.7M
Q2 24
$37.3M
FCF Margin
DOC
DOC
LZB
LZB
Q1 26
13.2%
Q4 25
49.6%
5.7%
Q3 25
3.6%
Q2 25
6.9%
Q1 25
7.3%
Q4 24
47.8%
-0.2%
Q3 24
7.4%
Q2 24
6.7%
Capex Intensity
DOC
DOC
LZB
LZB
Q1 26
3.3%
Q4 25
124.4%
3.9%
Q3 25
3.8%
Q2 25
4.0%
Q1 25
3.6%
Q4 24
105.6%
3.3%
Q3 24
3.2%
Q2 24
2.8%
Cash Conversion
DOC
DOC
LZB
LZB
Q1 26
4.13×
Q4 25
10.99×
1.73×
Q3 25
1.99×
Q2 25
11.48×
4.15×
Q1 25
6.52×
2.01×
Q4 24
235.43×
0.53×
Q3 24
3.71×
2.00×
Q2 24
2.17×
1.34×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DOC
DOC

Segment breakdown not available.

LZB
LZB

Stationary Upholstery Furniture$286.2M53%
Retail Segment$251.9M47%

Related Comparisons