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Side-by-side financial comparison of LOUISIANA-PACIFIC CORP (LPX) and LA-Z-BOY INC (LZB). Click either name above to swap in a different company.

LOUISIANA-PACIFIC CORP is the larger business by last-quarter revenue ($566.0M vs $541.6M, roughly 1.0× LA-Z-BOY INC). LA-Z-BOY INC runs the higher net margin — 4.0% vs -1.4%, a 5.4% gap on every dollar of revenue. On growth, LA-Z-BOY INC posted the faster year-over-year revenue change (3.8% vs -16.9%). LA-Z-BOY INC produced more free cash flow last quarter ($71.6M vs $-8.0M). Over the past eight quarters, LA-Z-BOY INC's revenue compounded faster (-1.1% CAGR vs -11.6%).

Louisiana-Pacific Corporation (LP) is an American building materials manufacturer. The company was founded in 1973 and LP pioneered the U.S. production of oriented strand board (OSB) panels. Currently based in Nashville, Tennessee, LP is the world's largest producer of OSB and manufactures engineered wood building products. LP products are sold to builders and homeowners through building materials distributors and dealers and retail home centers.

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.

LPX vs LZB — Head-to-Head

Bigger by revenue
LPX
LPX
1.0× larger
LPX
$566.0M
$541.6M
LZB
Growing faster (revenue YoY)
LZB
LZB
+20.7% gap
LZB
3.8%
-16.9%
LPX
Higher net margin
LZB
LZB
5.4% more per $
LZB
4.0%
-1.4%
LPX
More free cash flow
LZB
LZB
$79.6M more FCF
LZB
$71.6M
$-8.0M
LPX
Faster 2-yr revenue CAGR
LZB
LZB
Annualised
LZB
-1.1%
-11.6%
LPX

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
LPX
LPX
LZB
LZB
Revenue
$566.0M
$541.6M
Net Profit
$-8.0M
$21.6M
Gross Margin
15.0%
43.1%
Operating Margin
-1.6%
5.5%
Net Margin
-1.4%
4.0%
Revenue YoY
-16.9%
3.8%
Net Profit YoY
-112.9%
-23.8%
EPS (diluted)
$-0.12
$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
LPX
LPX
LZB
LZB
Q1 26
$541.6M
Q4 25
$566.0M
$522.5M
Q3 25
$663.0M
$492.2M
Q2 25
$755.0M
$570.9M
Q1 25
$724.0M
$521.8M
Q4 24
$681.0M
$521.0M
Q3 24
$722.0M
$495.5M
Q2 24
$814.0M
$553.5M
Net Profit
LPX
LPX
LZB
LZB
Q1 26
$21.6M
Q4 25
$-8.0M
$28.9M
Q3 25
$9.0M
$18.2M
Q2 25
$54.0M
$14.9M
Q1 25
$91.0M
$28.4M
Q4 24
$62.0M
$30.0M
Q3 24
$90.0M
$26.2M
Q2 24
$160.0M
$39.3M
Gross Margin
LPX
LPX
LZB
LZB
Q1 26
43.1%
Q4 25
15.0%
44.2%
Q3 25
19.5%
42.5%
Q2 25
23.6%
44.0%
Q1 25
27.2%
44.3%
Q4 24
23.8%
44.3%
Q3 24
26.7%
43.1%
Q2 24
32.3%
43.4%
Operating Margin
LPX
LPX
LZB
LZB
Q1 26
5.5%
Q4 25
-1.6%
6.9%
Q3 25
2.7%
4.5%
Q2 25
10.6%
5.2%
Q1 25
16.6%
6.7%
Q4 24
11.0%
7.4%
Q3 24
16.1%
6.5%
Q2 24
23.8%
9.1%
Net Margin
LPX
LPX
LZB
LZB
Q1 26
4.0%
Q4 25
-1.4%
5.5%
Q3 25
1.4%
3.7%
Q2 25
7.2%
2.6%
Q1 25
12.6%
5.4%
Q4 24
9.1%
5.8%
Q3 24
12.5%
5.3%
Q2 24
19.7%
7.1%
EPS (diluted)
LPX
LPX
LZB
LZB
Q1 26
$0.52
Q4 25
$-0.12
$0.70
Q3 25
$0.13
$0.44
Q2 25
$0.77
$0.35
Q1 25
$1.30
$0.68
Q4 24
$0.90
$0.71
Q3 24
$1.28
$0.61
Q2 24
$2.23
$0.91

Balance Sheet & Financial Strength

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

Metric
LPX
LPX
LZB
LZB
Cash + ST InvestmentsLiquidity on hand
$292.0M
$306.1M
Total DebtLower is stronger
$348.0M
Stockholders' EquityBook value
$1.7B
$1.0B
Total Assets
$2.6B
$2.1B
Debt / EquityLower = less leverage
0.20×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LPX
LPX
LZB
LZB
Q1 26
$306.1M
Q4 25
$292.0M
$338.5M
Q3 25
$316.0M
$318.5M
Q2 25
$333.0M
$328.4M
Q1 25
$256.0M
$314.6M
Q4 24
$340.0M
$303.1M
Q3 24
$346.0M
$342.3M
Q2 24
$317.0M
$341.1M
Total Debt
LPX
LPX
LZB
LZB
Q1 26
Q4 25
$348.0M
Q3 25
$348.0M
Q2 25
$348.0M
Q1 25
$348.0M
Q4 24
$348.0M
Q3 24
$347.0M
Q2 24
$347.0M
Stockholders' Equity
LPX
LPX
LZB
LZB
Q1 26
$1.0B
Q4 25
$1.7B
$1.0B
Q3 25
$1.7B
$1.0B
Q2 25
$1.7B
$1.0B
Q1 25
$1.7B
$1.0B
Q4 24
$1.7B
$1.0B
Q3 24
$1.7B
$999.2M
Q2 24
$1.7B
$1.0B
Total Assets
LPX
LPX
LZB
LZB
Q1 26
$2.1B
Q4 25
$2.6B
$2.0B
Q3 25
$2.6B
$1.9B
Q2 25
$2.7B
$1.9B
Q1 25
$2.6B
$2.0B
Q4 24
$2.6B
$1.9B
Q3 24
$2.6B
$1.9B
Q2 24
$2.5B
$1.9B
Debt / Equity
LPX
LPX
LZB
LZB
Q1 26
Q4 25
0.20×
Q3 25
0.20×
Q2 25
0.20×
Q1 25
0.21×
Q4 24
0.21×
Q3 24
0.21×
Q2 24
0.21×

Cash Flow & Capital Efficiency

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

Metric
LPX
LPX
LZB
LZB
Operating Cash FlowLast quarter
$67.0M
$89.4M
Free Cash FlowOCF − Capex
$-8.0M
$71.6M
FCF MarginFCF / Revenue
-1.4%
13.2%
Capex IntensityCapex / Revenue
13.3%
3.3%
Cash ConversionOCF / Net Profit
4.13×
TTM Free Cash FlowTrailing 4 quarters
$91.0M
$158.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LPX
LPX
LZB
LZB
Q1 26
$89.4M
Q4 25
$67.0M
$50.0M
Q3 25
$89.0M
$36.3M
Q2 25
$162.0M
$62.0M
Q1 25
$64.0M
$57.0M
Q4 24
$105.0M
$15.9M
Q3 24
$183.0M
$52.3M
Q2 24
$212.0M
$52.8M
Free Cash Flow
LPX
LPX
LZB
LZB
Q1 26
$71.6M
Q4 25
$-8.0M
$29.6M
Q3 25
$5.0M
$17.8M
Q2 25
$94.0M
$39.3M
Q1 25
$0
$38.2M
Q4 24
$43.0M
$-1.2M
Q3 24
$139.0M
$36.7M
Q2 24
$176.0M
$37.3M
FCF Margin
LPX
LPX
LZB
LZB
Q1 26
13.2%
Q4 25
-1.4%
5.7%
Q3 25
0.8%
3.6%
Q2 25
12.5%
6.9%
Q1 25
0.0%
7.3%
Q4 24
6.3%
-0.2%
Q3 24
19.3%
7.4%
Q2 24
21.6%
6.7%
Capex Intensity
LPX
LPX
LZB
LZB
Q1 26
3.3%
Q4 25
13.3%
3.9%
Q3 25
12.7%
3.8%
Q2 25
9.0%
4.0%
Q1 25
8.8%
3.6%
Q4 24
9.1%
3.3%
Q3 24
6.1%
3.2%
Q2 24
4.4%
2.8%
Cash Conversion
LPX
LPX
LZB
LZB
Q1 26
4.13×
Q4 25
1.73×
Q3 25
9.89×
1.99×
Q2 25
3.00×
4.15×
Q1 25
0.70×
2.01×
Q4 24
1.69×
0.53×
Q3 24
2.03×
2.00×
Q2 24
1.32×
1.34×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LPX
LPX

OS Bvalueadd$472.0M83%
Other$84.0M15%
Otherproducts$10.0M2%

LZB
LZB

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

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