Lazard, Inc. (LAZ)
NYSE: LAZ · Real-Time Price · USD
47.46
-0.18 (-0.38%)
Nov 18, 2025, 2:32 PM EST - Market open

Lazard Statistics

Total Valuation

Lazard has a market cap or net worth of $4.50 billion. The enterprise value is $5.73 billion.

Market Cap4.50B
Enterprise Value 5.73B

Important Dates

The last earnings date was Thursday, October 23, 2025, before market open.

Earnings Date Oct 23, 2025
Ex-Dividend Date Nov 3, 2025

Share Statistics

Lazard has 94.88 million shares outstanding. The number of shares has increased by 7.66% in one year.

Current Share Class 94.88M
Shares Outstanding 94.88M
Shares Change (YoY) +7.66%
Shares Change (QoQ) +2.95%
Owned by Insiders (%) 1.88%
Owned by Institutions (%) 90.70%
Float 93.06M

Valuation Ratios

The trailing PE ratio is 18.90 and the forward PE ratio is 13.58.

PE Ratio 18.90
Forward PE 13.58
PS Ratio 1.52
Forward PS 1.31
PB Ratio 5.37
P/TBV Ratio 10.05
P/FCF Ratio 10.21
P/OCF Ratio 9.30
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 21.49
EV / Sales 1.90
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF 13.05

Financial Position

The company has a current ratio of 4.05, with a Debt / Equity ratio of 2.53.

Current Ratio 4.05
Quick Ratio 3.58
Debt / Equity 2.53
Debt / EBITDA n/a
Debt / FCF 5.51
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 31.96%.

Return on Equity (ROE) 31.96%
Return on Assets (ROA) 5.82%
Return on Invested Capital (ROIC) n/a
Return on Capital Employed (ROCE) n/a
Revenue Per Employee $924,564
Profits Per Employee $81,782
Employee Count3,263
Asset Turnover 0.64
Inventory Turnover n/a

Taxes

In the past 12 months, Lazard has paid $74.63 million in taxes.

Income Tax 74.63M
Effective Tax Rate 21.34%

Stock Price Statistics

The stock price has decreased by -13.64% in the last 52 weeks. The beta is 1.39, so Lazard's price volatility has been higher than the market average.

Beta (5Y) 1.39
52-Week Price Change -13.64%
50-Day Moving Average 51.29
200-Day Moving Average 48.44
Relative Strength Index (RSI) 38.06
Average Volume (20 Days) 856,919

Short Selling Information

The latest short interest is 5.82 million, so 6.14% of the outstanding shares have been sold short.

Short Interest 5.82M
Short Previous Month 3.87M
Short % of Shares Out 6.14%
Short % of Float 6.26%
Short Ratio (days to cover) 6.52

Income Statement

In the last 12 months, Lazard had revenue of $3.02 billion and earned $266.86 million in profits. Earnings per share was $2.52.

Revenue3.02B
Gross Profit 2.71B
Operating Income 335.27M
Pretax Income 349.73M
Net Income 266.86M
EBITDA n/a
EBIT n/a
Earnings Per Share (EPS) $2.52
Full Income Statement

Balance Sheet

The company has $1.17 billion in cash and $2.42 billion in debt, giving a net cash position of -$1.25 billion or -$13.16 per share.

Cash & Cash Equivalents 1.17B
Total Debt 2.42B
Net Cash -1.25B
Net Cash Per Share -$13.16
Equity (Book Value) 957.14M
Book Value Per Share 8.87
Working Capital 1.65B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $482.48 million and capital expenditures -$43.24 million, giving a free cash flow of $439.24 million.

Operating Cash Flow 482.48M
Capital Expenditures -43.24M
Free Cash Flow 439.24M
FCF Per Share $4.63
Full Cash Flow Statement

Margins

Gross margin is 89.83%, with operating and profit margins of 11.11% and 9.06%.

Gross Margin 89.83%
Operating Margin 11.11%
Pretax Margin 11.59%
Profit Margin 9.06%
EBITDA Margin n/a
EBIT Margin n/a
FCF Margin 14.56%

Dividends & Yields

This stock pays an annual dividend of $2.00, which amounts to a dividend yield of 4.20%.

Dividend Per Share $2.00
Dividend Yield 4.20%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio 79.46%
Buyback Yield -7.66%
Shareholder Yield -3.62%
Earnings Yield 5.95%
FCF Yield 9.79%
Dividend Details

Analyst Forecast

The average price target for Lazard is $54.88, which is 15.63% higher than the current price. The consensus rating is "Hold".

Price Target $54.88
Price Target Difference 15.63%
Analyst Consensus Hold
Analyst Count 9
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Altman Z-Score n/a
Piotroski F-Score 6