Lazard, Inc. (FRA:69Q)
43.60
-0.20 (-0.46%)
Last updated: Jan 28, 2026, 8:12 AM CET
Lazard Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Interest and Dividend Income | - | 53.6 | 42.02 | 29.46 | 5.55 |
Total Interest Expense | 87.62 | 88.07 | 77.67 | 81.52 | 80.77 |
Net Interest Income | -87.62 | -34.46 | -35.65 | -52.07 | -75.22 |
Asset Management Fee | - | 1,115 | 1,078 | 1,126 | 1,355 |
Underwriting & Investment Banking Fee | 3,186 | 1,747 | 1,384 | 1,659 | 1,786 |
Gain on Sale of Investments (Rev) | - | -6.28 | 36.29 | -92.69 | 14.31 |
Other Revenue | - | 227.52 | 58.87 | 132.9 | 114.1 |
| 3,099 | 3,049 | 2,521 | 2,773 | 3,194 | |
Revenue Growth (YoY) | 1.64% | 20.94% | -9.09% | -13.18% | 24.44% |
Salaries & Employee Benefits | 2,035 | 1,957 | 1,753 | 1,623 | 1,883 |
Cost of Services Provided | 654.44 | 610.19 | 620.33 | 556.57 | 523.65 |
Other Operating Expenses | 50.21 | 60.2 | 73 | 44.91 | 45.32 |
Total Operating Expenses | 2,740 | 2,627 | 2,447 | 2,225 | 2,452 |
Operating Income | 358.95 | 422 | 74.5 | 548.26 | 742.2 |
Currency Exchange Gains | - | 2.85 | -5.57 | 0.4 | -1.23 |
Other Non-Operating Income (Expenses) | 18.78 | 8.24 | 43.89 | 1.21 | -2.2 |
EBT Excluding Unusual Items | 377.72 | 433.08 | 112.82 | 549.87 | 738.77 |
Merger & Restructuring Charges | - | -46.61 | -182.1 | - | -14.92 |
Other Unusual Items | -50.12 | - | -10.67 | -33.02 | - |
Pretax Income | 327.6 | 386.47 | -79.96 | 516.85 | 723.85 |
Income Tax Expense | 76.58 | 99.76 | -22.65 | 124.37 | 181.3 |
Earnings From Continuing Ops. | 251.02 | 286.71 | -57.31 | 392.48 | 542.55 |
Minority Interest in Earnings | -14.19 | -6.8 | -18.17 | -34.97 | -14.48 |
Net Income | 236.83 | 279.91 | -75.48 | 357.52 | 528.06 |
Preferred Dividends & Other Adjustments | - | 6.89 | 4.44 | 5.73 | 8.65 |
Net Income to Common | 236.83 | 273.03 | -79.92 | 351.79 | 519.42 |
Net Income Growth | -15.39% | - | - | -32.30% | 31.21% |
Shares Outstanding (Basic) | 97 | 93 | 89 | 96 | 106 |
Shares Outstanding (Diluted) | 106 | 102 | 89 | 101 | 114 |
Shares Change (YoY) | 3.85% | 15.05% | -11.88% | -11.15% | 0.17% |
EPS (Basic) | 2.43 | 2.93 | -0.90 | 3.68 | 4.90 |
EPS (Diluted) | 2.17 | 2.68 | -0.90 | 3.51 | 4.63 |
EPS Growth | -18.98% | - | - | -24.23% | 31.00% |
Free Cash Flow | - | 697.33 | 136.37 | 784.47 | 826.38 |
Free Cash Flow Per Share | - | 6.81 | 1.53 | 7.77 | 7.27 |
Dividend Per Share | 2.000 | 2.000 | 2.000 | 1.940 | 1.880 |
Dividend Growth | - | - | 3.09% | 3.19% | - |
Operating Margin | 11.58% | 13.84% | 2.96% | 19.77% | 23.23% |
Profit Margin | 7.64% | 8.96% | -3.17% | 12.68% | 16.26% |
Free Cash Flow Margin | - | 22.87% | 5.41% | 28.29% | 25.87% |
Effective Tax Rate | 23.38% | 25.81% | - | 24.06% | 25.05% |
Revenue as Reported | - | 3,140 | 2,593 | 2,855 | 3,274 |
Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.