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Side-by-side financial comparison of LA-Z-BOY INC (LZB) and Mativ Holdings, Inc. (MATV). Click either name above to swap in a different company.

LA-Z-BOY INC is the larger business by last-quarter revenue ($541.6M vs $463.1M, roughly 1.2× Mativ Holdings, Inc.). Mativ Holdings, Inc. runs the higher net margin — 21.8% vs 4.0%, a 17.8% gap on every dollar of revenue. On growth, LA-Z-BOY INC posted the faster year-over-year revenue change (3.8% vs 1.0%). 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 -3.8%).

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.

Mativ Holdings, Inc. is a global specialty materials manufacturer producing high-performance advanced polymers, nonwovens, filtration solutions, and functional coated materials. It serves healthcare, industrial, consumer goods, aerospace, and energy segments, with operations across North America, Europe, and Asia Pacific.

LZB vs MATV — Head-to-Head

Bigger by revenue
LZB
LZB
1.2× larger
LZB
$541.6M
$463.1M
MATV
Growing faster (revenue YoY)
LZB
LZB
+2.8% gap
LZB
3.8%
1.0%
MATV
Higher net margin
MATV
MATV
17.8% more per $
MATV
21.8%
4.0%
LZB
More free cash flow
LZB
LZB
$63.6M more FCF
LZB
$71.6M
$8.0M
MATV
Faster 2-yr revenue CAGR
LZB
LZB
Annualised
LZB
-1.1%
-3.8%
MATV

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
LZB
LZB
MATV
MATV
Revenue
$541.6M
$463.1M
Net Profit
$21.6M
$100.8M
Gross Margin
43.1%
18.8%
Operating Margin
5.5%
2.2%
Net Margin
4.0%
21.8%
Revenue YoY
3.8%
1.0%
Net Profit YoY
-23.8%
6620.0%
EPS (diluted)
$0.52
$1.87

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
LZB
LZB
MATV
MATV
Q1 26
$541.6M
Q4 25
$522.5M
$463.1M
Q3 25
$492.2M
$513.7M
Q2 25
$570.9M
$525.4M
Q1 25
$521.8M
$484.8M
Q4 24
$521.0M
$458.6M
Q3 24
$495.5M
$498.5M
Q2 24
$553.5M
$523.8M
Net Profit
LZB
LZB
MATV
MATV
Q1 26
$21.6M
Q4 25
$28.9M
$100.8M
Q3 25
$18.2M
$-3.2M
Q2 25
$14.9M
$-9.5M
Q1 25
$28.4M
$-425.5M
Q4 24
$30.0M
$1.5M
Q3 24
$26.2M
$-20.8M
Q2 24
$39.3M
$-1.4M
Gross Margin
LZB
LZB
MATV
MATV
Q1 26
43.1%
Q4 25
44.2%
18.8%
Q3 25
42.5%
19.3%
Q2 25
44.0%
19.7%
Q1 25
44.3%
15.0%
Q4 24
44.3%
16.9%
Q3 24
43.1%
18.8%
Q2 24
43.4%
20.8%
Operating Margin
LZB
LZB
MATV
MATV
Q1 26
5.5%
Q4 25
6.9%
2.2%
Q3 25
4.5%
3.1%
Q2 25
5.2%
3.8%
Q1 25
6.7%
-88.8%
Q4 24
7.4%
0.6%
Q3 24
6.5%
1.4%
Q2 24
9.1%
2.0%
Net Margin
LZB
LZB
MATV
MATV
Q1 26
4.0%
Q4 25
5.5%
21.8%
Q3 25
3.7%
-0.6%
Q2 25
2.6%
-1.8%
Q1 25
5.4%
-87.8%
Q4 24
5.8%
0.3%
Q3 24
5.3%
-4.2%
Q2 24
7.1%
-0.3%
EPS (diluted)
LZB
LZB
MATV
MATV
Q1 26
$0.52
Q4 25
$0.70
$1.87
Q3 25
$0.44
$-0.06
Q2 25
$0.35
$-0.18
Q1 25
$0.68
$-7.82
Q4 24
$0.71
$0.03
Q3 24
$0.61
$-0.38
Q2 24
$0.91
$-0.03

Balance Sheet & Financial Strength

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

Metric
LZB
LZB
MATV
MATV
Cash + ST InvestmentsLiquidity on hand
$306.1M
$84.2M
Total DebtLower is stronger
$1.0B
Stockholders' EquityBook value
$1.0B
$498.7M
Total Assets
$2.1B
$2.1B
Debt / EquityLower = less leverage
2.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LZB
LZB
MATV
MATV
Q1 26
$306.1M
Q4 25
$338.5M
$84.2M
Q3 25
$318.5M
$97.1M
Q2 25
$328.4M
$95.6M
Q1 25
$314.6M
$84.0M
Q4 24
$303.1M
$94.3M
Q3 24
$342.3M
$162.2M
Q2 24
$341.1M
$133.4M
Total Debt
LZB
LZB
MATV
MATV
Q1 26
Q4 25
$1.0B
Q3 25
$1.0B
Q2 25
$1.1B
Q1 25
$1.1B
Q4 24
$1.1B
Q3 24
$1.2B
Q2 24
$1.2B
Stockholders' Equity
LZB
LZB
MATV
MATV
Q1 26
$1.0B
Q4 25
$1.0B
$498.7M
Q3 25
$1.0B
$397.4M
Q2 25
$1.0B
$416.6M
Q1 25
$1.0B
$428.2M
Q4 24
$1.0B
$858.5M
Q3 24
$999.2M
$882.3M
Q2 24
$1.0B
$898.0M
Total Assets
LZB
LZB
MATV
MATV
Q1 26
$2.1B
Q4 25
$2.0B
$2.1B
Q3 25
$1.9B
$2.0B
Q2 25
$1.9B
$2.1B
Q1 25
$2.0B
$2.1B
Q4 24
$1.9B
$2.4B
Q3 24
$1.9B
$2.6B
Q2 24
$1.9B
$2.6B
Debt / Equity
LZB
LZB
MATV
MATV
Q1 26
Q4 25
2.07×
Q3 25
2.63×
Q2 25
2.66×
Q1 25
2.67×
Q4 24
1.30×
Q3 24
1.32×
Q2 24
1.29×

Cash Flow & Capital Efficiency

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

Metric
LZB
LZB
MATV
MATV
Operating Cash FlowLast quarter
$89.4M
$19.3M
Free Cash FlowOCF − Capex
$71.6M
$8.0M
FCF MarginFCF / Revenue
13.2%
1.7%
Capex IntensityCapex / Revenue
3.3%
2.4%
Cash ConversionOCF / Net Profit
4.13×
0.19×
TTM Free Cash FlowTrailing 4 quarters
$158.2M
$93.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LZB
LZB
MATV
MATV
Q1 26
$89.4M
Q4 25
$50.0M
$19.3M
Q3 25
$36.3M
$72.8M
Q2 25
$62.0M
$57.6M
Q1 25
$57.0M
$-15.9M
Q4 24
$15.9M
$24.1M
Q3 24
$52.3M
$37.6M
Q2 24
$52.8M
$46.1M
Free Cash Flow
LZB
LZB
MATV
MATV
Q1 26
$71.6M
Q4 25
$29.6M
$8.0M
Q3 25
$17.8M
$66.7M
Q2 25
$39.3M
$48.9M
Q1 25
$38.2M
$-29.8M
Q4 24
$-1.2M
$2.0M
Q3 24
$36.7M
$25.5M
Q2 24
$37.3M
$37.4M
FCF Margin
LZB
LZB
MATV
MATV
Q1 26
13.2%
Q4 25
5.7%
1.7%
Q3 25
3.6%
13.0%
Q2 25
6.9%
9.3%
Q1 25
7.3%
-6.1%
Q4 24
-0.2%
0.4%
Q3 24
7.4%
5.1%
Q2 24
6.7%
7.1%
Capex Intensity
LZB
LZB
MATV
MATV
Q1 26
3.3%
Q4 25
3.9%
2.4%
Q3 25
3.8%
1.2%
Q2 25
4.0%
1.7%
Q1 25
3.6%
2.9%
Q4 24
3.3%
4.8%
Q3 24
3.2%
2.4%
Q2 24
2.8%
1.7%
Cash Conversion
LZB
LZB
MATV
MATV
Q1 26
4.13×
Q4 25
1.73×
0.19×
Q3 25
1.99×
Q2 25
4.15×
Q1 25
2.01×
Q4 24
0.53×
16.07×
Q3 24
2.00×
Q2 24
1.34×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LZB
LZB

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

MATV
MATV

Other$208.7M45%
SAS Segment$157.4M34%
FAM Segment$97.0M21%

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