Lazard, Inc. (LAZ)
NYSE: LAZ · Real-Time Price · USD
43.17
-0.02 (-0.05%)
Mar 31, 2025, 3:46 PM EDT - Market open
Lazard Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2019 - 2015 |
|---|---|---|---|---|---|---|
Period Ending | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2019 - 2015 |
| Interest and Dividend Income | 53.6 | 42.02 | 29.46 | 5.55 | 5.67 | Upgrade
|
| Total Interest Expense | 88.07 | 77.67 | 81.52 | 80.77 | 80.63 | Upgrade
|
| Net Interest Income | -34.46 | -35.65 | -52.07 | -75.22 | -74.97 | Upgrade
|
| Asset Management Fee | 1,115 | 1,078 | 1,126 | 1,355 | 1,117 | Upgrade
|
| Underwriting & Investment Banking Fee | 1,747 | 1,384 | 1,659 | 1,786 | 1,418 | Upgrade
|
| Gain on Sale of Investments (Rev) | -6.28 | 36.29 | -92.69 | 14.31 | 49.6 | Upgrade
|
| Other Revenue | 227.52 | 58.87 | 132.9 | 114.1 | 56.75 | Upgrade
|
| Revenue | 3,049 | 2,521 | 2,773 | 3,194 | 2,567 | Upgrade
|
| Revenue Growth (YoY) | 20.94% | -9.09% | -13.18% | 24.44% | -0.64% | Upgrade
|
| Salaries & Employee Benefits | 1,957 | 1,753 | 1,623 | 1,883 | 1,553 | Upgrade
|
| Cost of Services Provided | 610.19 | 620.33 | 556.57 | 523.65 | 470.67 | Upgrade
|
| Other Operating Expenses | 60.2 | 73 | 44.91 | 45.32 | 38.93 | Upgrade
|
| Total Operating Expenses | 2,627 | 2,447 | 2,225 | 2,452 | 2,064 | Upgrade
|
| Operating Income | 422 | 74.5 | 548.26 | 742.2 | 502.42 | Upgrade
|
| Currency Exchange Gains | 2.85 | -5.57 | 0.4 | -1.23 | -0.72 | Upgrade
|
| Other Non-Operating Income (Expenses) | 8.24 | 43.89 | 1.21 | -2.2 | 0.44 | Upgrade
|
| EBT Excluding Unusual Items | 433.08 | 112.82 | 549.87 | 738.77 | 502.14 | Upgrade
|
| Merger & Restructuring Charges | -46.61 | -182.1 | - | -14.92 | - | Upgrade
|
| Other Unusual Items | - | -10.67 | -33.02 | - | - | Upgrade
|
| Pretax Income | 386.47 | -79.96 | 516.85 | 723.85 | 502.14 | Upgrade
|
| Income Tax Expense | 99.76 | -22.65 | 124.37 | 181.3 | 99.45 | Upgrade
|
| Earnings From Continuing Ops. | 286.71 | -57.31 | 392.48 | 542.55 | 402.69 | Upgrade
|
| Minority Interest in Earnings | -6.8 | -18.17 | -34.97 | -14.48 | -0.23 | Upgrade
|
| Net Income | 279.91 | -75.48 | 357.52 | 528.06 | 402.46 | Upgrade
|
| Preferred Dividends & Other Adjustments | 6.89 | 4.44 | 5.73 | 8.65 | 7.67 | Upgrade
|
| Net Income to Common | 273.03 | -79.92 | 351.79 | 519.42 | 394.79 | Upgrade
|
| Net Income Growth | - | - | -32.30% | 31.21% | 40.48% | Upgrade
|
| Shares Outstanding (Basic) | 93 | 89 | 96 | 106 | 107 | Upgrade
|
| Shares Outstanding (Diluted) | 102 | 89 | 101 | 114 | 113 | Upgrade
|
| Shares Change (YoY) | 15.05% | -11.88% | -11.15% | 0.17% | -2.24% | Upgrade
|
| EPS (Basic) | 2.93 | -0.90 | 3.68 | 4.90 | 3.69 | Upgrade
|
| EPS (Diluted) | 2.68 | -0.90 | 3.51 | 4.63 | 3.54 | Upgrade
|
| EPS Growth | - | - | -24.23% | 31.00% | 44.95% | Upgrade
|
| Free Cash Flow | 697.33 | 136.37 | 784.47 | 826.38 | 511.65 | Upgrade
|
| Free Cash Flow Per Share | 6.81 | 1.53 | 7.77 | 7.27 | 4.51 | Upgrade
|
| Dividend Per Share | 2.000 | 2.000 | 1.940 | 1.880 | 1.880 | Upgrade
|
| Dividend Growth | - | 3.09% | 3.19% | - | 1.62% | Upgrade
|
| Operating Margin | 13.84% | 2.96% | 19.77% | 23.23% | 19.57% | Upgrade
|
| Profit Margin | 8.96% | -3.17% | 12.68% | 16.26% | 15.38% | Upgrade
|
| Free Cash Flow Margin | 22.87% | 5.41% | 28.29% | 25.87% | 19.93% | Upgrade
|
| Effective Tax Rate | 25.81% | - | 24.06% | 25.05% | 19.80% | Upgrade
|
| Revenue as Reported | 3,140 | 2,593 | 2,855 | 3,274 | - | Upgrade
|
Updated Feb 24, 2025. Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.