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 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 | Jun '26 Jun 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 |
Transaction-Based Revenues | 6,400 | 6,203 | 6,002 | 5,055 | 5,640 | 6,415 |
Net Interest Income | 123.38 | 126.11 | 141.67 | 119.7 | 110.98 | 86.32 |
Net Interest Income Growth | -10.02% | -10.98% | 18.36% | 7.85% | 28.57% | 0.03% |
Other Revenues | 186.89 | 131.79 | 224.09 | 89.59 | 40.6 | 127.17 |
| 3,219 | 3,099 | 3,052 | 2,515 | 2,774 | 3,193 | |
Revenue Growth | 5.69% | 1.54% | 21.32% | -9.30% | -13.14% | 24.43% |
Cost of Revenue | 2,190 | 2,085 | 2,003 | 1,946 | 1,656 | 1,896 |
Gross Profit | 1,029 | 1,013 | 1,049 | 569.48 | 1,117 | 1,297 |
Selling, General & Admin | 686.81 | 654.44 | 610.19 | 620.33 | 556.57 | 525.76 |
Depreciation & Amortization Expenses | - | - | - | - | - | 0.06 |
Other Operating Expenses | 34.97 | 31.43 | 51.97 | 29.11 | 43.7 | 47.52 |
Operating Income | 307.06 | 327.6 | 386.47 | -79.96 | 516.85 | 723.85 |
Pretax Income | 307.06 | 327.6 | 386.47 | -79.96 | 516.85 | 723.85 |
Provision for Income Taxes | 65.05 | 76.58 | 99.76 | -22.65 | 124.37 | 181.3 |
Net Income | 242.01 | 251.02 | 286.71 | -57.31 | 392.48 | 542.55 |
Minority Interest in Earnings | 15.18 | 14.19 | 6.8 | 18.17 | 34.97 | 14.48 |
Net Income to Common | 226.83 | 236.83 | 279.91 | -75.48 | 357.52 | 528.06 |
Net Income Growth | -26.82% | -15.39% | - | - | -32.30% | 31.21% |
Shares Outstanding (Basic) | 97 | 94 | 90 | 87 | 86 | 106 |
Shares Outstanding (Diluted) | 97 | 94 | 90 | 87 | 86 | 114 |
Shares Change | 3.28% | 4.00% | 3.29% | 1.71% | -24.39% | 0.17% |
EPS (Basic) | 2.33 | 2.52 | 3.10 | -0.86 | 4.16 | 4.90 |
EPS (Diluted) | 2.33 | 2.52 | 3.10 | -0.86 | 4.16 | 4.63 |
EPS Growth | -29.14% | -18.64% | - | - | -10.16% | 30.79% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 |
Free Cash Flow | 658.76 | 487.38 | 697.33 | 136.37 | 784.47 | 826.38 |
Free Cash Flow Growth | 52.92% | -30.11% | 411.37% | -82.62% | -5.07% | 61.52% |
Free Cash Flow Per Share | 6.76 | 5.19 | 7.72 | 1.56 | 9.13 | 7.27 |
Dividends Per Share | 2.000 | 2.000 | 2.000 | 2.000 | 1.940 | 1.880 |
Dividend Growth | 0% | 0% | 0% | 3.09% | 3.19% | 0% |
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% |
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% |
EBITDA | 339.36 | 361.79 | 422.75 | -37.1 | 559.18 | 762.16 |
EBITDA Margin | 10.54% | 11.67% | 13.85% | -1.48% | 20.16% | 23.87% |
EBIT | 307.06 | 327.6 | 386.47 | -79.96 | 516.85 | 723.85 |
EBIT Margin | 9.54% | 10.57% | 12.66% | -3.18% | 18.63% | 22.67% |
Effective Tax Rate | 21.18% | 23.38% | 25.81% | 28.33% | 24.06% | 25.05% |