Lazard, Inc. (LAZ)
NYSE: LAZ · Real-Time Price · USD
44.01
+0.27 (0.62%)
Aug 5, 2026, 1:50 PM EDT - Market open

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
3,2193,0993,0522,5152,7743,193
Revenue Growth
5.69%1.54%21.32%-9.30%-13.14%24.43%
Gross Profit
1,0291,0131,049569.481,1171,297
Operating Income
307.06327.6386.47-79.96516.85723.85
Net Income
226.83236.83279.91-75.48357.52528.06
Earnings Per Share
2.332.523.10-0.864.164.63
EPS Growth
-29.14%-18.64%---10.16%30.79%

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
1,2971,6371,5771,1912,0142,813
Total Debt
2,1532,1732,1932,1752,2012,238
Net Cash (Debt)
-856.03-536.69-615.63-984.5-187.38574.82
Net Cash Growth
-----144.98%
Net Cash Per Share
-8.78-5.72-6.82-11.26-2.185.06

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
Gross Margin
31.96%32.70%34.36%22.64%40.28%40.63%
Operating Margin
9.54%10.57%12.66%-3.18%18.63%22.67%
Pretax Margin
9.54%10.57%12.66%-3.18%18.63%22.67%
Profit Margin
7.52%8.10%9.39%-2.28%14.15%16.99%
FCF Margin
20.46%15.73%22.85%5.42%28.28%25.88%

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
4.55%4.09%3.85%5.69%6.10%4.24%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
21.6319.2516.61-8.349.42
Forward PE
13.2114.1815.7215.4711.129.20
P/FCF Ratio
6.519.366.6722.313.805.32
PS Ratio
1.341.471.521.211.071.38