Lazard Ltd

Lazard Ltd

LAZ
Lazard LtdUS flagNew York Stock Exchange
43.72
USD
+0.80
- -
4.30BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
17.05
19.27
19.14
19.06
22.13
24.13
24.06
24.71
30.82
29.54
28.67
33.14
32.29
33.2
Basic EPS, GAAP
1.33
3.49
7.87
3.11
2.09
4.43
2.6
3.77
4.98
3.74
-0.85
3.01
2.43
2.82
Free Cash Flow per Basic Share
3.85
5.83
6.87
4.76
8.24
5.46
5.76
4.79
7.79
8.2
1.53
7.49
5
5.06
Dividend per Share
1.01
1.2
2.32
2.69
2.81
3.02
2.31
1.84
1.85
1.9
1.94
1.92
1.91
1.92
Book Value per Share
1.69
3.81
8.97
9.1
8.9
10.06
10.84
12.13
14.73
17.54
15.77
15.82
15.28
15.88
Tangible Book Value per Share
2.2
3.45
8.3
7.31
7.14
5
2.79
5.76
12.01
9.21
1.97
3.99
6.09
5.69
Basic Weighted Avg Shares
121
122
125
125
122
119
110
107
106
96
89
93
97
98
Sales/Revenue/Turnover
2,060
2,358
2,399
2,378
2,691
2,872
2,651
2,641
3,268
2,826
2,551
3,086
3,148
3,262
Operating Margin (%)
14.15
24.73
1.46
25.13
32.76
24.73
17.97
21.85
24.45
20.13
-1.74
13.64
11.97
12.79
Depreciation Expense
45
41
39
69
41
18
55
37
38
42
43
36
34
34
Net Income, GAAP
160
427
986
388
254
527
286
402
528
358
-75
280
237
277
Effective Tax Rate (%)
23.84
16.44
- -
23.92
68.52
21.79
24.19
19.8
25.05
24.06
- -
25.81
23.38
20.12
Profit Margin (%)
7.78
18.12
41.11
16.3
9.42
18.36
10.81
15.24
16.16
12.65
-2.96
9.07
7.52
8.5
Working Capital
1,336
1,424
915
1,117
1,555
1,353
1,386
1,711
2,369
2,019
1,258
1,720
1,898
1,651
LT Debt
1,064
1,060
998
1,189
1,190
1,434
2,324
2,290
2,238
2,201
2,175
2,193
2,173
2,161
Total Equity
630
770
1,367
1,294
1,259
970
682
999
1,653
1,259
570
765
989
954
Return on Invested Capital (%)
12.06
26.04
- -
15
9.34
19.75
11.79
13.27
15.25
10.81
- -
10.18
8.89
10.99
Return on Capital (%)
15.99
32.29
- -
18.42
11.21
22.63
10.71
12.85
14.09
8.49
- -
9
7.65
8.86
Return on Common Equity (%)
82.49
127.45
124
34.3
22.87
46.27
23.96
32.31
36.95
22.07
-4.9
19.46
15.99
18.25

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
1,687
1,688
1,689
LT Finance Leases
511
485
473
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
95
94
98
Market Capitalization
5,074
4,720
4,173

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
2,198
2,785
2,008
Cash, Cash Equivalents & STI
1,390
1,637
1,228
Accounts Receivable, Net
775
898
774
Inventories
- -
- -
- -
Total Current Liabilities
403
886
358
Payables & Accruals
403
747
358
ST Debt
- -
- -
- -
Deferred Revenue
- -
139
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.62%
10.07%
29.33%
Free Cash Flow
33.59%
71.02%
-30.11%
Net Income, GAAP
-60.1%
-121.69%
-15.39%
Sales/Revenue/Turnover
3.44%
4.7%
2%
Total Cash Common Dividend
-3.42%
-0.94%
4.22%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
774
695
792
825
3,086
2025
658
808
763
919
3,148
2026
772
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.39
0.54
1.15
0.91
3.01
2025
0.63
0.57
0.73
0.5
2.43
2026
1.01
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.48
0.48
0.48
0.48
1.92
2025
0.47
0.49
0.48
0.48
1.91
2026
0.47
- -
- -
- -
- -

Company Description

MCPAPIChat
CEO
Peter R. Orszag
Full Time Employees
3,253
Sector
Financial Services
Industry
Financial - Capital Markets
Address
Clarendon House New York City United States of America HM11
IPO Date
May 5, 2005
Website
lazard.com
Business
Lazard, Inc., operating alongside its various subsidiaries, stands as a prominent global financial advisory and asset management enterprise, with an expansive reach across North America, South America, Europe, the Middle East, Asia, and Australia. The company functions through two primary segments: Financial Advisory and Asset Management. The Financial Advisory division provides a comprehensive suite of strategic services, encompassing advice on mergers and acquisitions, corporate restructuring, capital solutions, shareholder engagement, capital raising initiatives, and sovereign advisory matters. This segment caters to a diverse clientele, including corporations, institutional investors, government bodies, sovereign entities, and private individuals, spanning numerous industries such as consumer goods, financial services, healthcare, industrials, energy, infrastructure, real estate, technology, telecommunications, and media. The Asset Management segment delivers a wide array of investment solutions and wealth management services. These offerings span various strategies, including actively managed equities, fixed income, multi-asset portfolios, and alternative investments, along with private equity funds. Clients of this segment include corporations, public funds, sovereign wealth funds, endowments, foundations, labor organizations, financial intermediaries, and private clients. Lazard, originally established in 1848, has its principal executive offices in New York City, Paris, and London, and recently opened a new UK headquarters in London in 2025. The firm is actively pursuing its "Lazard 2030" vision, focused on leveraging technology, including artificial intelligence, to double revenue from 2023 levels by the end of the decade.

Company News

MCPAPIChat
  • Lazard Inc (LAZ) Stock Down 12.6% -- Now Undervalued? GF Score: 82/100

  • Lazard, Inc. (LAZ) Presents at Morgan Stanley US Financials Conference 2026 Transcript

  • Lazard Reports May 2026 Assets Under Management

  • T. Rowe Price vs. Lazard: Which Stock Has More Growth Potential?

  • Lazard Global Total Return and Income Fund Declares Monthly Distribution and Issues Estimated Sources of the Distribution Announced in April

  • Lazard CEO and Chairman Peter R. Orszag to Speak at the 2026 Morgan Stanley U.S. Financials Conference

  • Lazard to hire McCabe from JPMorgan to head North American energy investment banking, sources say

  • Lazard's April AUM Rises 6.2% on Market Appreciation & Net Inflows

  • Lazard Reports April 2026 Assets Under Management

  • Lazard: Attractive Yield Is Not Enough To Buy Its Shares

  • Lazard to Expand Private Capital Advisory With Campbell Lutyens Deal

  • Lazard Shares Down as Q1 Earnings Miss Estimates, Expenses Rise Y/Y

  • Lazard Hires Michael Ure To Power Energy & Infrastructure Group as Senior Advisor

  • Lazard hires former Western Midstream head Ure as senior adviser

  • Lazard, Inc. (LAZ) Q1 2026 Earnings Call Transcript

  • Here's What Key Metrics Tell Us About Lazard (LAZ) Q1 Earnings

  • Lazard (LAZ) Q1 Earnings and Revenues Miss Estimates

  • Lazard's profit surges as asset management business shines

  • Lazard Reports First Quarter 2026 Results

  • Lazard Declares Quarterly Dividend Of $0.50 Per Share