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Lazard, Inc. (LAZ)
NYSE: LAZ · Real-Time Price · USD
39.35
+0.88 (2.29%)
Oct 29, 2026, 12:10 PM EDT - Market open

Lazard Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
3,2673,0983,0492,5212,7733,194
Revenue Growth
8.29%1.61%20.94%-9.09%-13.18%24.44%
Operating Income
318.92358.1942274.5548.26742.2
Net Income
177.04230.91273.03-79.92351.79519.42
Earnings Per Share
1.652.172.68-0.903.514.63
EPS Growth
-34.61%-18.98%---24.23%31.00%

Revenue by Segment
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Financial Advisory
1,8221,8341,7561,3851,6661,765
Asset Management
1,4851,2751,1871,1511,2051,425
Corporate
-21.38-10.18108.68-21.36-97.513.55
Revenue (Total)
3,2853,0993,0522,5152,7743,193

Cash & Debt
Chart
Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
1,2661,4691,308971.321,2491,466
Total Debt
2,2992,3922,4672,5442,5292,610
Net Cash (Debt)
-1,033-922.76-1,159-1,573-1,279-1,144
Net Cash Growth
------
Net Cash Per Share
-9.63-8.68-11.32-17.67-12.67-10.06

Cash Flow & CapEx
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
700.29519.33742.83164.66833.98866.08
Capital Expenditures
-15.32-31.95-45.5-28.3-49.51-39.7
Free Cash Flow
684.97487.38697.33136.37784.47826.38
Free Cash Flow Growth
55.94%-30.11%411.37%-82.62%-5.07%61.52%

Margins
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Margin
9.76%11.56%13.84%2.96%19.77%23.23%
Pretax Margin
8.17%10.57%12.68%-3.17%18.64%22.66%
Profit Margin
5.42%7.45%8.96%-3.17%12.68%16.26%
FCF Margin
20.97%15.73%22.87%5.41%28.29%25.87%

Dividends
Chart
Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
2.0002.0002.0002.0001.9401.880
Dividend Per Share Growth
0%0%0%3.09%3.19%0%
Dividend Yield
5.08%4.08%3.88%5.75%5.60%4.22%

Valuation
Chart
Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
23.8619.9517.06-8.478.64
Forward PE
16.7314.1815.7215.4711.129.20
P/FCF Ratio
5.499.456.6822.313.805.43
PS Ratio
1.151.491.531.211.071.41