LZB vs. GD

Last updated Jun 4, 2026

LZB (La-Z-Boy Incorporated) and GD (General Dynamics Corporation) are both stocks. Over the past 10 years, LZB returned 5.14%/yr vs 11.57%/yr for GD. At a 0.28 correlation, their price movements are largely independent.

Performance

LZB vs. GD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in La-Z-Boy Incorporated (LZB) and General Dynamics Corporation (GD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LZB achieves a -1.38% return, which is significantly lower than GD's 0.99% return. Over the past 10 years, LZB has underperformed GD with an annualized return of 5.14%, while GD has yielded a comparatively higher 11.57% annualized return.

LZB

• 1D: -0.44%
• 1M: 8.81%
• YTD: -1.38%
• 6M: -7.43%
• 1Y: -10.40%
• 3Y*: 11.52%
• 5Y*: -1.01%
• 10Y*: 5.14%

GD

• 1D: -0.17%
• 1M: -3.45%
• YTD: 0.99%
• 6M: 0.56%
• 1Y: 24.34%
• 3Y*: 19.67%
• 5Y*: 14.14%
• 10Y*: 11.57%

*Multi-year figures are annualized to reflect compound growth (CAGR)

LZB vs. GD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LZB La-Z-Boy Incorporated	-1.38%	-12.49%	20.43%	65.68%	-35.50%	-7.35%	27.93%	15.50%	-9.75%	2.15%
GD General Dynamics Corporation	0.99%	30.39%	3.52%	7.13%	21.69%	43.77%	-13.14%	14.80%	-21.34%	19.85%

Correlation

The correlation between LZB and GD is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.21
Correlation (3Y) Calculated over the trailing 3-year period	0.26
Correlation (5Y) Calculated over the trailing 5-year period	0.30
Correlation (10Y) Calculated over the trailing 10-year period	0.34
Correlation (All Time) Calculated using the full available price history since Jan 6, 1988	0.28

The correlation between LZB and GD shifts across timeframes, from 0.21 (1 year) to 0.34 (10 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap LZB : $1.50B GD : $92.38B
EPS LZB : $2.02 GD : $15.92
PE Ratio LZB : 17.97 GD : 21.17
PEG Ratio LZB : 4.64 GD : 2.68
PS Ratio LZB : 0.71 GD : 1.71
PB Ratio LZB : 1.44 GD : 3.54
Total Revenue (TTM) LZB : $2.13B GD : $53.81B
Gross Profit (TTM) LZB : $924.91M GD : $7.48B
EBITDA (TTM) LZB : $216.98M GD : $6.26B

Return for Risk

LZB vs. GD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LZB

LZB Risk / Return Rank: 27
LZB Sharpe Ratio Rank: 29
LZB Sortino Ratio Rank: 26
LZB Omega Ratio Rank: 26
LZB Calmar Ratio Rank: 28
LZB Martin Ratio Rank: 26

GD

GD Risk / Return Rank: 73
GD Sharpe Ratio Rank: 75
GD Sortino Ratio Rank: 73
GD Omega Ratio Rank: 69
GD Calmar Ratio Rank: 70
GD Martin Ratio Rank: 78

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LZB vs. GD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for La-Z-Boy Incorporated (LZB) and General Dynamics Corporation (GD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	LZB	GD	Difference
Sharpe ratio Return per unit of total volatility	-0.28	1.17	-1.45
Sortino ratio Return per unit of downside risk	-0.17	1.91	-2.08
Omega ratio Gain probability vs. loss probability	0.98	1.23	-0.25
Calmar ratio Return relative to maximum drawdown	-0.37	1.68	-2.05
Martin ratio Return relative to average drawdown	-0.78	5.90	-6.68
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LZB vs. GD - Sharpe Ratio Comparison

The current LZB Sharpe Ratio is -0.28, which is lower than the GD Sharpe Ratio of 1.17. The chart below compares the historical Sharpe Ratios of LZB and GD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	LZB	GD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.28	1.17	-1.45
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.03	0.70	-0.73
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.13	0.51	-0.38
Sharpe Ratio (All Time) Calculated using the full available price history	0.16	0.57	-0.40

Drawdowns

LZB vs. GD - Drawdown Comparison

The maximum LZB drawdown since its inception was -97.65%, which is greater than GD's maximum drawdown of -75.67%. Use the drawdown chart below to compare losses from any high point for LZB and GD.

Drawdown Indicators

	LZB	GD	Difference
Max Drawdown Largest peak-to-trough decline	-97.65%	-75.67%	-21.98%
Max Drawdown (1Y) Largest decline over 1 year	-28.38%	-14.53%	-13.85%
Max Drawdown (3Y) Largest decline over 3 years	-37.87%	-22.55%	-15.32%
Max Drawdown (5Y) Largest decline over 5 years	-47.14%	-22.55%	-24.59%
Max Drawdown (10Y) Largest decline over 10 years	-55.01%	-51.63%	-3.38%
Current Drawdown Current decline from peak	-21.70%	-7.83%	-13.87%
Average Drawdown Average peak-to-trough decline	-27.20%	-15.61%	-11.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.94%	4.13%	+9.81%

Volatility

LZB vs. GD - Volatility Comparison

La-Z-Boy Incorporated (LZB) has a higher volatility of 8.60% compared to General Dynamics Corporation (GD) at 5.09%. This indicates that LZB's price experiences larger fluctuations and is considered to be riskier than GD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LZB	GD	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.60%	5.09%	+3.51%
Volatility (6M) Calculated over the trailing 6-month period	21.09%	17.03%	+4.06%
Volatility (1Y) Calculated over the trailing 1-year period	37.76%	20.85%	+16.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.99%	20.38%	+16.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.34%	22.69%	+16.65%

Dividends

LZB vs. GD - Dividend Comparison

LZB's dividend yield for the trailing twelve months is around 2.61%, more than GD's 1.81% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GD General Dynamics Corporation	1.81%	1.76%	2.12%	2.01%	2.00%	2.24%	2.90%	2.26%	2.31%	1.61%	1.72%	1.96%
LZB La-Z-Boy Incorporated	2.61%	2.42%	1.88%	2.02%	2.96%	1.69%	0.88%	1.68%	1.77%	1.44%	1.32%	1.39%

Financials

LZB vs. GD - Profitability Comparison

The chart below illustrates the profitability comparison between La-Z-Boy Incorporated and General Dynamics Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

LZB - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, La-Z-Boy Incorporated reported a gross profit of 233.51M and revenue of 541.59M. Therefore, the gross margin over that period was 43.1%.

GD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, General Dynamics Corporation reported a gross profit of 1.42B and revenue of 13.48B. Therefore, the gross margin over that period was 10.5%.

LZB - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, La-Z-Boy Incorporated reported an operating income of 29.81M and revenue of 541.59M, resulting in an operating margin of 5.5%.

GD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, General Dynamics Corporation reported an operating income of 1.42B and revenue of 13.48B, resulting in an operating margin of 10.5%.

LZB - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, La-Z-Boy Incorporated reported a net income of 21.65M and revenue of 541.59M, resulting in a net margin of 4.0%.

GD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, General Dynamics Corporation reported a net income of 1.13B and revenue of 13.48B, resulting in a net margin of 8.4%.

Frequently Asked Questions

Can I hold both LZB and GD in my portfolio?

LZB and GD have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LZB or GD?

LZB has higher volatility (8.60%) compared to GD (5.09%). In terms of maximum drawdown, LZB dropped -97.65% vs GD's -75.67%.

Which has better risk-adjusted returns?

GD currently has the higher Sharpe Ratio (1.17 vs -0.28), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.