Lazard Balance Sheet

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
Cash & Equivalents	1,021	1,469	1,308	971.32	1,235	1,465
Short-Term Investments	207.21	167.13	268.68	219.58	779.25	1,348
Cash & Short-Term Investments	1,228	1,637	1,577	1,191	2,014	2,813
Cash Growth	4.63%	3.78%	32.41%	-40.87%	-28.39%	11.42%
Restricted Cash and Segregated Assets	6.59	34.02	32.47	34.09	625.38	617.45
Accounts Receivable	773.79	897.79	753.62	762.32	652.76	805.81
Total Current Assets	2,008	2,568	2,363	1,987	3,292	4,236
Net Property, Plant & Equipment	562.6	580.59	595.34	639.73	681.68	716.06
Goodwill	394.59	395.26	393.58	394.93	377.33	379.57
Long-Term Investments	516.56	625.85	614.95	701.96	698.98	1,007
Other Long-Term Assets	758.65	770.68	827.14	911.86	802.42	808.39
Total Assets	4,241	4,941	4,794	4,636	5,853	7,147
Accounts Payable	357.71	330.85	308.21	443.26	921.83	1,443
Accrued Expenses	214.08	794.75	844.95	781.38	735.58	972.3
Total Current Liabilities	571.8	1,126	1,153	1,225	1,657	2,415
Long-Term Debt	1,689	1,688	1,687	1,690	1,688	1,685
Long-Term Leases	472.58	485.15	505.48	485.19	513.69	552.52
Other Long-Term Liabilities	553.59	652.76	683.51	665.89	734.88	841.46
Total Long-Term Liabilities	2,715	2,826	2,876	2,841	2,936	3,079
Total Liabilities	3,287	3,952	4,029	4,066	4,594	5,494
Common Stock	1.12	1.12	1.13	1.13	1.13	1.13
Treasury Stock	-508.91	-684.41	-838.07	-937.26	-993.41	-507.43
Additional Paid-in Capital	106.49	340.35	327.81	247.2	167.89	144.73
Accumulated Other Comprehensive Income	-276.68	-271.51	-326.74	-289.95	-295.85	-223.85
Retained Earnings	1,559	1,488	1,472	1,403	1,677	1,561
Total Common Shareholders' Equity	881.3	873.66	636.24	423.76	556.46	975.22
Minority Interest	72.59	115.48	128.54	146.1	702.41	677.74
Shareholders' Equity	953.88	989.13	764.78	569.86	1,259	1,653
Total Liabilities & Equity	4,241	4,941	4,794	4,636	5,853	7,147
Total Debt	2,161	2,173	2,193	2,175	2,201	2,238
Net Cash (Debt)	-933.51	-536.69	-615.63	-984.5	-187.38	574.82
Net Cash Growth	-	-	-	-	-	144.98%
Net Cash Per Share	-8.74	-5.05	-6.01	-11.06	-1.85	5.06
Book Value	881.3	873.66	636.24	423.76	556.46	975.22
Book Value Per Share	8.25	8.22	6.21	4.76	5.51	8.58
Tangible Book Value	486.71	478.39	242.67	28.83	179.13	595.65
Tangible Book Value Per Share	4.56	4.50	2.37	0.32	1.77	5.24

Updated May 4, 2026. Data Source: Fiscal.ai. Capital Markets template. Financial Sources.

SEC Filings: 10-K · 10-Q