Lazard, Inc. (LAZ)
NYSE: LAZ · Real-Time Price · USD
37.70
+0.49 (1.32%)
Oct 26, 2026, 4:00 PM EDT - Market closed
Lazard Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Cash & Equivalents | 1,264 | 1,469 | 1,308 | 971.32 | 1,235 | 1,465 |
Trading Asset Securities | - | - | - | - | 14.55 | 0.92 |
Accounts Receivable | 843.01 | 897.79 | 753.62 | 762.32 | 652.76 | 805.81 |
Other Receivables | - | 52.88 | 46.69 | 69.7 | 73.67 | 49.28 |
Property, Plant & Equipment | 549.41 | 580.59 | 595.34 | 639.73 | 681.68 | 716.06 |
Goodwill | - | 395.26 | 393.58 | 394.9 | 377.24 | 379.42 |
Other Intangible Assets | 451.81 | - | - | 0.03 | 0.09 | 0.15 |
Investments in Debt & Equity Securities | 520.77 | 322.07 | 224.05 | 214.96 | 250.2 | 533.27 |
Restricted Cash | 6.33 | 34.02 | 32.47 | 34.09 | 625.38 | 617.45 |
Other Current Assets | 182.45 | 330.51 | 475.92 | 453 | 997.09 | 1,586 |
Long-Term Deferred Tax Assets | 453.72 | 459.09 | 479.58 | 497.34 | 407.66 | 435.31 |
Other Long-Term Assets | 276.46 | 399.11 | 484.53 | 598.4 | 537.47 | 558.79 |
Total Assets | 4,548 | 4,941 | 4,794 | 4,636 | 5,853 | 7,147 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Accrued Expenses | 495.66 | 828.8 | 788.22 | 611.53 | 605.92 | 810.86 |
Short-Term Debt | - | 218.94 | 274.28 | 368.67 | 327.16 | 372.25 |
Current Portion of Leases | - | 80.67 | - | - | - | - |
Other Current Liabilities | - | 3.43 | 4.53 | 4.81 | 4.65 | 6.83 |
Long-Term Debt | 1,690 | 1,688 | 1,687 | 1,690 | 1,688 | 1,685 |
Long-Term Leases | 470.76 | 404.48 | 505.48 | 485.19 | 513.69 | 552.52 |
Long-Term Unearned Revenue | - | 139.02 | 136.54 | 140.42 | 137.33 | 130.66 |
Long-Term Deferred Tax Liabilities | - | 1.37 | 1.08 | 3.86 | 3.92 | 1.83 |
Other Long-Term Liabilities | 841.55 | 407.81 | 420.12 | 599.36 | 1,165 | 1,711 |
Total Liabilities | 3,498 | 3,952 | 4,029 | 4,066 | 4,594 | 5,494 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Common Stock | 1.1 | 1.12 | 1.13 | 1.13 | 1.13 | 1.13 |
Additional Paid-In Capital | 219.42 | 340.35 | 327.81 | 247.2 | 167.89 | 144.73 |
Retained Earnings | 1,478 | 1,488 | 1,472 | 1,403 | 1,677 | 1,561 |
Comprehensive Income & Other | -275.42 | -271.51 | -326.74 | -289.95 | -295.85 | -223.85 |
Total Common Equity | 948.79 | 873.66 | 636.24 | 423.76 | 556.46 | 975.22 |
Minority Interest | 100.91 | 115.48 | 128.54 | 146.1 | 702.41 | 677.74 |
Shareholders' Equity | 1,050 | 989.13 | 764.78 | 569.86 | 1,259 | 1,653 |
Total Liabilities & Equity | 4,548 | 4,941 | 4,794 | 4,636 | 5,853 | 7,147 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Total Debt | 2,161 | 2,392 | 2,467 | 2,544 | 2,529 | 2,610 |
Net Cash (Debt) | -897.05 | -922.76 | -1,159 | -1,573 | -1,279 | -1,144 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share | -8.36 | -8.68 | -11.32 | -17.67 | -12.67 | -10.06 |
Filing Date Shares Outstanding | 101.03 | 93.91 | 89.9 | 87.43 | 85.04 | 99.28 |
Total Common Shares Outstanding | 101.03 | 93.91 | 90.3 | 87.43 | 85.95 | 100.72 |
Working Capital | 1,800 | 1,516 | 1,388 | 1,167 | 2,543 | 3,164 |
Book Value Per Share | 9.39 | 9.30 | 7.05 | 4.85 | 6.47 | 9.68 |
Tangible Book Value | 496.98 | 478.39 | 242.67 | 28.83 | 179.13 | 595.65 |
Tangible Book Value Per Share | 4.92 | 5.09 | 2.69 | 0.33 | 2.08 | 5.91 |