Lazard, Inc. (LAZ)
NYSE: LAZ · Real-Time Price · USD
48.56
+1.23 (2.60%)
Jun 1, 2026, 4:00 PM EDT - Market closed
Lazard Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 |
Transaction-Based Revenues | 6,373 | 6,203 | 6,002 | 5,055 | 5,640 | 6,415 |
Net Interest Income | 123.97 | 126.11 | 141.67 | 119.7 | 110.98 | 86.32 |
Net Interest Income Growth | -12.85% | -10.98% | 18.36% | 7.85% | 28.57% | 0.03% |
Other Revenues | 186.14 | 131.79 | 224.09 | 89.59 | 40.6 | 127.17 |
| 3,207 | 3,099 | 3,052 | 2,515 | 2,774 | 3,193 | |
Revenue Growth (YoY) | 9.28% | 1.54% | 21.32% | -9.30% | -13.14% | 24.43% |
Cost of Revenue | 2,147 | 2,085 | 2,003 | 1,946 | 1,656 | 1,896 |
Gross Profit | 1,060 | 1,013 | 1,049 | 569.48 | 1,117 | 1,297 |
Selling, General & Admin | 662.24 | 654.44 | 610.19 | 620.33 | 556.57 | 525.76 |
Depreciation & Amortization Expenses | - | - | - | - | - | 0.06 |
Other Operating Expenses | 36.96 | 31.43 | 51.97 | 29.11 | 43.7 | 47.52 |
Operating Income | 361.17 | 327.6 | 386.47 | -79.96 | 516.85 | 723.85 |
Pretax Income | 362.54 | 327.6 | 386.47 | -79.96 | 516.85 | 723.85 |
Provision for Income Taxes | 72.94 | 76.58 | 99.76 | -22.65 | 124.37 | 181.3 |
Net Income | 277.37 | 236.83 | 279.91 | -75.48 | 357.52 | 528.06 |
Minority Interest in Earnings | 12.22 | 14.19 | 6.8 | 18.17 | 34.97 | 14.48 |
Net Income to Common | 277.37 | 236.83 | 279.91 | -75.48 | 357.52 | 528.06 |
Net Income Growth | -8.92% | -15.39% | - | - | -32.30% | 31.21% |
Shares Outstanding (Basic) | 99 | 97 | 93 | 89 | 96 | 106 |
Shares Outstanding (Diluted) | 107 | 106 | 102 | 89 | 101 | 114 |
Shares Change (YoY) | 2.96% | 3.85% | 15.05% | -11.88% | -11.15% | 0.17% |
EPS (Basic) | 2.74 | 2.37 | 2.93 | -0.90 | 3.68 | 4.90 |
EPS (Diluted) | 2.53 | 2.17 | 2.68 | -0.90 | 3.51 | 4.63 |
EPS Growth | -11.85% | -19.03% | - | - | -24.19% | 30.79% |
Shares Outstanding | 98.44 | 93.91 | 90.3 | 87.43 | 85.95 | 100.72 |
Free Cash Flow | 497.28 | 487.38 | 697.33 | 136.37 | 784.47 | 826.38 |
Free Cash Flow Growth | 2.03% | -30.11% | 411.37% | -82.62% | -5.07% | 61.52% |
Free Cash Flow Per Share | 4.65 | 4.58 | 6.81 | 1.53 | 7.77 | 7.27 |
Dividends Per Share | 2.000 | 2.000 | 2.000 | 2.000 | 1.940 | 1.880 |
Dividend Growth | - | - | - | 3.09% | 3.19% | - |
Gross Margin | 33.06% | 32.70% | 34.36% | 22.64% | 40.28% | 40.63% |
Operating Margin | 11.26% | 10.57% | 12.66% | -3.18% | 18.63% | 22.67% |
Profit Margin | 9.03% | 8.10% | 9.39% | -2.28% | 14.15% | 16.99% |
FCF Margin | 15.50% | 15.73% | 22.85% | 5.42% | 28.28% | 25.88% |
EBITDA | 394.73 | 361.79 | 422.75 | -37.1 | 559.18 | 762.16 |
EBITDA Margin | 12.31% | 11.67% | 13.85% | -1.48% | 20.16% | 23.87% |
EBIT | 361.17 | 327.6 | 386.47 | -79.96 | 516.85 | 723.85 |
EBIT Margin | 11.26% | 10.57% | 12.66% | -3.18% | 18.63% | 22.67% |
Effective Tax Rate | 20.12% | 23.38% | 25.81% | 28.33% | 24.06% | 25.05% |