Lazard, Inc. (LAZ)
NYSE: LAZ · Real-Time Price · USD
42.79
-1.00 (-2.28%)
At close: Aug 26, 2026, 4:00 PM EDT
42.79
0.00 (0.00%)
After-hours: Aug 26, 2026, 4:15 PM EDT

Lazard Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
3,1993,0983,0492,5212,7733,194
Revenue Growth
4.51%1.61%20.94%-9.09%-13.18%24.44%
Operating Income
338.05358.1942274.5548.26742.2
Net Income
219.03230.91273.03-79.92351.79519.42
Earnings Per Share
2.032.172.68-0.903.514.63
EPS Growth
-29.89%-18.98%---24.23%31.00%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Financial Advisory
1,7791,8341,7561,3851,6661,765
Asset Management
1,4551,2751,1871,1511,2051,425
Corporate
-15.27-10.18108.68-21.36-97.513.55
Revenue (Total)
3,2193,0993,0522,5152,7743,193

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
1,1021,4691,308971.321,2491,466
Total Debt
2,2942,3922,4672,5442,5292,610
Net Cash (Debt)
-1,192-922.76-1,159-1,573-1,279-1,144
Net Cash Growth
------
Net Cash Per Share
-11.10-8.68-11.32-17.67-12.67-10.06

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
671.31519.33742.83164.66833.98866.08
Capital Expenditures
-12.55-31.95-45.5-28.3-49.51-39.7
Free Cash Flow
658.76487.38697.33136.37784.47826.38
Free Cash Flow Growth
52.92%-30.11%411.37%-82.62%-5.07%61.52%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Margin
10.57%11.56%13.84%2.96%19.77%23.23%
Pretax Margin
9.60%10.57%12.68%-3.17%18.64%22.66%
Profit Margin
6.85%7.45%8.96%-3.17%12.68%16.26%
FCF Margin
20.59%15.73%22.87%5.41%28.29%25.87%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '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
4.67%4.25%4.18%6.47%6.71%5.45%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
21.0719.9517.06-8.478.64
Forward PE
12.8614.1815.7215.4711.129.20
P/FCF Ratio
6.339.456.6822.313.805.43
PS Ratio
1.301.491.531.211.071.41