Lazard, Inc.

LAZ

Lazard, Inc.

LAZ

Insider Sentiment (TTM):

Last Purchase:-Last Sale:2026-03-19Shares Purchased (TTM):0Shares Sold (TTM):156,206

Institutional Sentiment:

As of:2026-03-31Institutional Shares Owned:81,025,145Shares Outstanding:99,460,256Institutional Ownership Pct.:81.46%

Earnings Market Reaction:

Filing Date:2026-05-04Price on Filing Date:N/APrevious Close:N/A% Change:N/A

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Financial Statements

10‑Q10‑K

Values in Millions ($)	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30
Assets
Cash And Cash Equivalents At Carrying Value	1,021	1,469	1,172	978	909	1,308	1,166	848	923	971	653	698
Restricted Cash	7	34	33	33	34	32	35	33	34	34	34	35
Accounts Receivable Net
Accrued Fees And Other Revenue Receivable	574	706	614	579	531	641	529	555	460	561	506	528
Ltbp Trust	-	-	-	-	-	-	-	-	-	115	-	-
Accounts Receivable Net	774	898	775	755	683	754	682	725	750	762	632	675
Investments	517	626	624	637	506	615	688	688	621	702	658	690
Property Plant And Equipment Net	160	168	173	176	168	160	158	221	228	233	230	237
Operating Lease Right Of Use Asset	403	413	437	443	431	435	450	452	390	407	413	426
Intangible Assets Net Including Goodwill	395	395	395	395	394	394	395	394	394	395	394	395
Deferred Income Tax Assets Net	464	459	474	492	497	480	527	508	506	497	508	524
Other Assets	295	312	333	346	345	348	406	456	494	415	454	476
Assets	4,241	4,941	4,634	4,493	4,232	4,794	4,820	4,527	4,587	4,636	4,296	4,603
Liabilities And Stockhold…
Liabilities
Employee Related Liabilities Current And Noncurren…	214	795	506	391	248	845	634	550	496	781	497	602
Operating Lease Liability	473	485	511	518	504	505	522	523	467	485	492	507
Long Term Debt	1,689	1,688	1,687	1,689	1,688	1,687	1,853	1,852	1,851	1,690	1,690	1,689
Deferred Income Tax Liabilities Net	1	1	1	1	1	1	2	4	2	4	5	7
Other Liabilities	552	651	569	549	648	682	614	537	582	547	529	593
Liabilities	3,287	3,952	3,677	3,623	3,500	4,029	4,056	3,932	4,050	4,066	3,794	4,103
Redeemable Noncontrolling Interest Equity Carrying…	81	78	79	84	84	80	84	81	88	88	82	84
Stockholders Equity
Preferred Stock Number Of…
Preferred Stock Value	0	0	0	0	0	0	0	0	-	0	-	-
Common Stock Number Of Sh…
Common Stock Value	1	1	1	1	1	1	1	1	1	1	1	1
Additional Paid In Capital Common Stock	106	340	293	225	132	328	284	218	135	247	203	168
Retained Earnings Accumulated Deficit	1,559	1,488	1,493	1,478	1,478	1,472	1,438	1,383	1,385	1,403	1,389	1,431
Accumulated Other Comprehensive Income Loss Net Of…	-277	-272	-273	-269	-307	-327	-272	-306	-304	-290	-293	-282
Common Stock Held By Subsidiary	-	-	-673	-693	-701	-838	-827	-837	-824	-937	-938	-958
Treasury Stock Common Value	-509	-684	-	-	-	-838	-	-	-	-	-	-
Stockholders Equity	872	874	842	786	644	636	624	514	449	424	420	416
Minority Interest	-9	37	37	45	46	49	56	56	56	58	58	56
Liabilities And Stockholders Equity	4,241	4,941	4,634	4,493	4,232	4,794	4,820	4,527	4,587	4,636	4,296	4,603
Allowance For Doubtful Accounts Receivable	22	23	28	27	26	32	27	30	30	29	21	27
Office Building	-	-	-	-	-	-	-	-1	71	73	-	-
Series A Preferred Stock	-	-	-	-	-	-	-	-	0	0	0	0
Series B Preferred Stock	-	-	-	-	-	-	-	-	0	0	0	0
Accumulated Depreciation Depletion And Amortizatio…	291	286	328	359	344	333	333	424	420	415	406	404
Finite Lived Intangible Assets Accumulated Amortiz…	68	-	68	68	68	68	68	68	68	68	70	70
Preferred Stock Par Or Stated Value Per Share	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Preferred Stock Shares Authorized	15	15	15	15	15	15	15	15	15	15	15	15
Preferred Stock Shares Issued	0	0	0	0	0	0	0	0	-	0	-	-
Preferred Stock Shares Outstanding	0	0	0	0	0	0	0	0	-	0	-	-
Common Stock Par Or Stated Value Per Share	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Common Stock Shares Authorized	500	500	500	500	500	500	500	500	500	500	500	500
Common Stock Shares Issued	112	112	113	113	113	113	113	113	113	113	113	113
Treasury Stock Common Shares	13	18	-	-	-	22	-	-	-	-	-	-
Asset Pledged As Collateral	33	49	4	41	-	-	-	-	-	-	-	-

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Custom Table

10‑Q10‑K

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Interactive Financial Visualizations

10‑Q10‑K

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Earnings Market Reaction

10‑Q10‑K

Fiscal Year	Q1 1 Month	Q1 2 Month	Q1 3 Month	Q2 1 Month	Q2 2 Month	Q2 3 Month	Q3 1 Month	Q3 2 Month	Q3 3 Month	Q4 1 Month	Q4 2 Month	Q4 3 Month
2026	9.29%	-7.35%	2.41%	-	-	-	-	-	-	-	-	-
2025	10.42%	12.06%	39.56%	-0.54%	2.37%	-11.87%	-3.65%	-0.17%	7.22%	-20.42%	-0.57%	-7.33%
2024	6.02%	-4.79%	7.65%	0.22%	-0.24%	10.06%	9.16%	-1.54%	-3.23%	-6.76%	-27.82%	-4.70%
2023	-	-	-	-5.65%	-9.09%	-17.68%	-4.83%	23.91%	35.34%	1.12%	-0.47%	1.63%
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Performance and Valuation Metrics

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Metrics	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30
Leverage & Debt
Interest Coverage TTM	-	-	-	-	17.07	8.91	5.57	2.25	0.15	-1.03	-1.02	1.08
Per Share Metrics
Diluted EPS TTM	2.72	2.36	2.47	2.97	2.94	2.80	2.53	1.51	-0.20	-0.85	-0.51	0.58
Free Cash Flow Per Share TTM	5.00	5.00	4.48	4.42	5.91	7.49	7.29	4.65	4.99	1.53	1.04	5.60
Dividend Per Share TTM	1.90	1.91	1.88	1.87	1.89	1.92	1.90	1.89	1.91	1.94	1.93	1.97
Margin Metrics
Gross Profit Margin TTM	97.29%	97.25%	97.72%	97.69%	97.36%	97.20%	94.06%	94.91%	94.94%	94.39%	96.84%	96.70%
Operating Profit Margin TTM	11.00%	10.28%	9.15%	11.05%	11.52%	12.31%	24.37%	11.45%	0.74%	-5.78%	-3.21%	3.57%
Net Profit Margin TTM	8.80%	7.88%	6.98%	8.28%	9.19%	9.13%	18.16%	9.42%	-1.29%	-5.45%	-1.94%	2.18%
Growth Metrics
Net Revenue Growth (1Y)	-1.77%	1.48%	165.31%	132.65%	115.21%	126.90%	-41.18%	-31.48%	-35.46%	-51.53%	66.79%	34.73%
Net Income Growth (1Y)	-6.01%	-12.45%	1.97%	104.61%	-1,638.06%	-479.85%	-649.38%	196.56%	-107.61%	-119.23%	-109.03%	-90.44%
EPS Growth (1Y)	-9.98%	-16.35%	-2.70%	94.86%	-1,573.55%	-462.95%	-624.72%	183.28%	-107.31%	-120.67%	-109.41%	-89.37%
Valuation Metrics
P/E TTM	14.25	18.28	18.62	14.26	12.55	15.55	16.61	21.21	-171.40	-36.44	-50.78	47.50
P/B TTM	4.74	5.04	5.90	5.65	6.01	6.51	6.96	6.28	7.66	5.70	5.77	5.87
P/S TTM	1.25	1.44	1.30	1.18	1.15	1.42	3.02	2.00	2.20	1.99	0.99	1.03
Market Cap	4.13B	4.59B	4.97B	4.44B	3.87B	4.46B	4.35B	3.23B	3.44B	2.75B	2.42B	2.44B
Enterprise Value	4.80B	4.81B	5.48B	5.16B	4.65B	4.84B	5.03B	4.24B	4.37B	3.47B	3.46B	3.43B
Calculated Values
Free Cash Flow TTM	497.28M	487.38M	439.24M	430.78M	562.59M	697.33M	682.15M	431.97M	455.79M	136.37M	93.36M	496.66M
Net Debt	668.14M	218.67M	515.30M	710.37M	779.26M	378.83M	687.13M	1.00B	928.20M	718.88M	1.04B	991.20M
Per-Share and Margin
EPS TTM
Adjusted EPS TTM
Cash Flow Per Share TTM
Pretax Margin TTM
Stock Comp to Revenue TTM
Turnover Ratios and Averages
Average Assets
Average Equity
Average Inventory
Average Receivables
Average Accounts Payables
Inventory Turnover TTM
Payables Turnover TTM
Days Inventory Outstanding TTM
Days Payables Outstanding TTM
Cash Conversion Cycle TTM
Working Capital to Revenue
Deferred Revenue to Revenue
Growth Rates
Total Assets Growth (1Y)
Total Assets Growth (3Y)
Total Assets Growth (5Y)
Dividends Paid Growth (1Y)
Dividends Paid Growth (3Y)
Dividends Paid Growth (5Y)
EPS Growth (3Y)
EPS Growth (5Y)
Net Income Growth (3Y)
Net Income Growth (5Y)
Net Profit Margin Growth (1Y)
Net Profit Margin Growth (3Y)
Net Profit Margin Growth (5Y)
Net Revenue Growth (3Y)
Net Revenue Growth (5Y)
Deferred Revenue Growth (1Y)
Retained Earnings Growth (1Y)
Credit, Liquidity, Returns, Payout
Cash Ratio
Net Working Capital
Debt to EBITDA TTM
Net Debt to EBITDA TTM
Net Debt to Equity
Altman A
Altman B
Altman C
Altman D
Altman E
Altman Z-Score
ROA TTM
ROE TTM
NOPAT TTM
ROIC TTM
Effective Tax Rate TTM
Payout Ratio TTM
Dilution Ratio
Retained Earnings to Equity
Treasury Stock to Equity
Treasury Stock Change (1Y)
Accrued to Current Liabilities
NCAV
NCAV Per Share TTM
Valuation Ratios
P/CF TTM
Dividend Yield TTM
Free Cash Flow Yield TTM
EV EBITDA TTM
EV EBIT TTM
Stock Compensation TTM
Adjusted Net Income TTM
Billings TTM
Total Debt
Invested Capital

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Insider Transactions

2026-03-19Sale

Owner: Hogbin, Christopher

Title: CEO Asset Management

Shares: 3,944

Price/Share: $39.37

Value: $155,275.28

Shares Owned: 11,829

Relationship: Officer

Ownership: Direct

2026-03-17Sale

Owner: Orszag, Peter Richard

Title: CEO & Chairman

Shares: 69,170

Price/Share: $41.19

Value: $2,849,112.30

Shares Owned: 210,942

Relationship: Director,Officer

Ownership: Direct

2025-09-16Sale

Owner: Orszag, Peter Richard

Title: CEO & Chairman

Shares: 32,475

Price/Share: $54.09

Value: $1,756,572.75

Shares Owned: 183,274

Relationship: Director,Officer

Ownership: Direct

2025-09-11Sale

Owner: Russo, Evan L

Title: CEO of Asset Management

Shares: 50,000

Price/Share: $56.95

Value: $2,847,500.00

Shares Owned: 227,915

Relationship: Officer

Ownership: Direct

2025-09-10Sale

Owner: Gathy, Michael

Title: Chief Accounting Officer

Shares: 617

Price/Share: $55.37

Value: $34,163.29

Shares Owned: -

Relationship: Officer

Ownership: Direct

Filed Date	Owner	Relationship	Title	Ownership	Purchase/Sale	No. Shares	Price Per Share	Value	Shares Owned	Document Type
2026-03-19	Hogbin, Christopher	Officer	CEO Asset Management	Direct	Sale	3,944	39.37	$155,275.28	11,829	4
2026-03-17	Orszag, Peter Richard	Director,Officer	CEO & Chairman	Direct	Sale	69,170	41.19	$2,849,112.30	210,942	4
2025-09-16	Orszag, Peter Richard	Director,Officer	CEO & Chairman	Direct	Sale	32,475	54.09	$1,756,572.75	183,274	4
2025-09-11	Russo, Evan L	Officer	CEO of Asset Management	Direct	Sale	50,000	56.95	$2,847,500.00	227,915	4
2025-09-10	Gathy, Michael	Officer	Chief Accounting Officer	Direct	Sale	617	55.37	$34,163.29	0	4
2025-06-11	Soto, Alexandra	Officer	Chief Operating Officer	Direct	Sale	85,894	43.81	$3,763,016.14	113,872	4
2025-03-17	Orszag, Peter Richard	Director,Officer	CEO & Chairman	Direct	Sale	64,539	45.61	$2,943,623.79	170,285	4
2025-02-14	Russo, Evan L	Officer	CEO of Asset Management	Direct	Sale	25,000	55.32	$1,383,000.00	163,448	4
2024-09-04	Jacobs, Kenneth M	Director,Officer	Executive Chairman	Direct	Sale	29,503	48.10	$1,419,094.30	1,523,722	4
2024-08-26	Jacobs, Kenneth M	Director,Officer	Executive Chairman	Direct	Sale	86,728	50.02	$4,338,134.56	1,640,995	4
2024-07-16	Jacobs, Kenneth M	Director,Officer	Executive Chairman	Direct	Sale	207,000	45.23	$9,362,610.00	1,729,722	4
2024-07-09	Jacobs, Kenneth M	Director,Officer	Executive Chairman	Direct	Sale	46,107	40.19	$1,853,040.33	1,936,722	4
2024-06-03	Jacobs, Kenneth M	Director,Officer	Executive Chairman	Direct	Sale	6,762	40.00	$270,480.00	1,982,829	4
2024-03-13	Russo, Evan L	Officer	CEO of Asset Management	Direct	Sale	75,000	39.35	$2,951,250.00	227,448	4
2024-02-21	Gathy, Michael	Officer	Chief Accounting Officer	Direct	Sale	19	37.46	$711.74	0	4/A
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Institutional Ownership

No data available for chart

2026-03-31

81.46%

Inst. Shares: 81,025,145

Shares Outstanding: 99,460,256

2025-12-31

82.50%

Inst. Shares: 80,424,433

Shares Outstanding: 97,479,092

2025-09-30

76.15%

Inst. Shares: 74,715,814

Shares Outstanding: 98,112,393

2025-06-30

80.39%

Inst. Shares: 78,404,366

Shares Outstanding: 97,534,319

2025-03-31

83.47%

Inst. Shares: 79,509,567

Shares Outstanding: 95,255,423

Date	Institutional Shares Owned	Shares Outstanding	Institutional Ownership %
2026-03-31	81,025,145	99,460,256	81.46%
2025-12-31	80,424,433	97,479,092	82.50%
2025-09-30	74,715,814	98,112,393	76.15%
2025-06-30	78,404,366	97,534,319	80.39%
2025-03-31	79,509,567	95,255,423	83.47%
2024-12-31	79,371,292	93,139,352	85.22%
2024-09-30	77,435,843	93,627,476	82.71%
2024-06-30	74,970,836	92,886,364	80.71%
2024-03-31	66,780,967	91,260,465	73.18%
2023-12-31	57,599,849	88,993,985	64.72%
2023-09-30	59,596,064	89,425,900	66.64%
2023-06-30	60,092,676	88,729,654	67.73%
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Lazard, Inc. (LAZ) — SEC Financial Statements & Analysis

Lazard, Inc. (LAZ) is a investment advice company, incorporated in DE. Lazard, Inc. trades on NYSE as: LAZ. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), Lazard, Inc. reported a -1.77% year-over-year revenue growth, a Gross Profit Margin of 97.29% (TTM), a Price-to-Sales (P/S) ratio of 1.25x (TTM), a Price-to-Book (P/B) ratio of 4.74x (TTM), at a market cap of $4.13B. Figures below are sourced from SEC EDGAR, as-filed.

Net Revenue TTM Growth 1Y: -1.77%
Gross Profit Margin TTM: 97.29%
P/S TTM: 1.25x
P/B TTM: 4.74x
Market Cap: $4.13B

Data as of 2026-03-31 · Source: SEC EDGAR

Frequently Asked Questions

What industry is Lazard, Inc. in?

Lazard, Inc. (LAZ) operates in the Investment Advice industry.

What is LAZ's market cap?

Lazard, Inc. (LAZ) has a market capitalization of $4.13B as of 2026-03-31.

What is LAZ's P/E ratio?

Lazard, Inc. (LAZ)'s trailing twelve month P/E ratio is 14.25x as of 2026-03-31.

What exchange does LAZ trade on?

Lazard, Inc. (LAZ) trades on the NYSE.

Where is Lazard, Inc. incorporated?

Lazard, Inc. is incorporated in DE.

Lazard, Inc.

Financial Statements

Custom Table

Interactive Financial Visualizations

Earnings Market Reaction

Performance and Valuation Metrics

Insider Transactions

Institutional Ownership

Lazard, Inc. (LAZ) — SEC Financial Statements & Analysis

Frequently Asked Questions

Companies in Investment Advice

Wall Street's data.
Main Street's price.

Lazard, Inc. (LAZ) — SEC Financial Statements & Analysis

Frequently Asked Questions

Companies in Investment Advice

Wall Street's data.Main Street's price.

Wall Street's data.
Main Street's price.