Lazard Key Executives
This section highlights Lazard's key executives, including their titles and compensation details.
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Lazard Earnings
This section highlights Lazard's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
Next Earnings Date
Last Earnings Results
Earnings Call Transcripts
| Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
|---|---|---|---|---|---|
| Read Transcript | Q4 | 2024 | 2025-01-30 | $0.69 | $0.78 |
| Read Transcript | Q3 | 2024 | 2024-10-31 | $0.41 | $0.38 |
| Read Transcript | Q2 | 2024 | 2024-07-25 | $0.35 | $0.52 |
| Read Transcript | Q1 | 2024 | 2024-04-25 | $0.58 | $0.66 |
| Read Transcript | Q4 | 2023 | 2024-02-01 | $0.41 | $0.66 |
| Read Transcript | Q3 | 2023 | 2023-10-26 | $0.19 | $0.10 |
| Read Transcript | Q2 | 2023 | 2023-07-27 | $0.11 | $0.24 |
| Read Transcript | Q1 | 2023 | 2023-04-28 | $0.30 | $-0.26 |
Lazard Ltd, together with its subsidiaries, operates as a financial advisory and asset management firm in North America, Europe, Asia, Australia, and Central and South America. It operates in two segments, Financial Advisory and Asset Management. The Financial Advisory segment offers various financial advisory services regarding mergers and acquisitions, restructurings, capital advisory, shareholder advisory, capital raising, sovereign advisory, and other strategic advisory matters. This segment serves corporate, partnership, institutional, government, sovereign, and individual clients across various industry areas, including consumers, financial institutions, healthcare and life sciences, industrials, power and energy/infrastructure, and real estate, as well as technology, telecommunication, and media and entertainment. The Asset Management segment offers a range of investment solutions, and investment and wealth management services in equity and fixed income strategies; asset allocation strategies; and alternative investments and private equity funds to corporations, public funds, sovereign entities, endowments and foundations, labor funds, financial intermediaries, and private clients. The company was founded in 1848 and is based in Hamilton, Bermuda.
$47.07
Stock Price
$4.23B
Market Cap
3.26K
Employees
Hamilton, None
Location
Financial Statements
Access annual & quarterly financial statements for Lazard, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Revenue | $3.09B | $2.55B | $2.86B | $3.27B | $2.65B |
| Cost of Revenue | $2.11B | $1.95B | $1.74B | $1.98B | $1.63B |
| Gross Profit | $975.91M | $605.13M | $1.12B | $1.30B | $1.02B |
| Gross Profit Ratio | 31.62% | 23.70% | 39.13% | 39.60% | 38.37% |
| Research and Development Expenses | $- | $- | $0 | $0 | $0 |
| General and Administrative Expenses | $220.04M | $331.30M | $191.79M | $205.74M | $193.99M |
| Selling and Marketing Expenses | $99.45M | $99.36M | $83.10M | $42.76M | $42.43M |
| Selling General and Administrative Expenses | $319.49M | $430.66M | $274.89M | $248.50M | $236.41M |
| Other Expenses | $269.95M | $254.43M | $325.38M | $324.84M | $275.11M |
| Operating Expenses | $589.44M | $685.09M | $600.27M | $573.34M | $511.52M |
| Cost and Expenses | $2.70B | $2.63B | $2.34B | $2.55B | $2.14B |
| Interest Income | $53.60M | $42.02M | $29.46M | $5.55M | $5.67M |
| Interest Expense | $88.07M | $77.67M | $81.52M | $80.77M | $80.63M |
| Depreciation and Amortization | $36.28M | $43.19M | $2.35B | $2.44B | $2.12B |
| EBITDA | $510.82M | $40.90M | $640.77M | $842.99M | $619.66M |
| EBITDA Ratio | 16.55% | 1.60% | 18.10% | 22.11% | 19.11% |
| Operating Income | $386.47M | $-79.96M | $516.85M | $723.85M | $502.14M |
| Operating Income Ratio | 12.52% | -3.13% | 18.10% | 22.11% | 18.97% |
| Total Other Income Expenses Net | $-6.80M | $- | $-34.97M | $- | $- |
| Income Before Tax | $379.68M | $-79.96M | $516.85M | $723.85M | $502.14M |
| Income Before Tax Ratio | 12.30% | -3.13% | 18.10% | 22.11% | 18.97% |
| Income Tax Expense | $99.76M | $-22.65M | $124.36M | $181.30M | $99.45M |
| Net Income | $279.91M | $-75.48M | $357.52M | $528.06M | $402.46M |
| Net Income Ratio | 9.07% | -2.96% | 12.52% | 16.13% | 15.21% |
| EPS | $3.07 | $-0.90 | $3.68 | $4.90 | $3.69 |
| EPS Diluted | $2.79 | $-0.90 | $3.51 | $4.63 | $3.54 |
| Weighted Average Shares Outstanding | 93.14M | 88.99M | 95.66M | 106.04M | 106.86M |
| Weighted Average Shares Outstanding Diluted | 102.39M | 88.99M | 101.00M | 113.67M | 113.48M |
| SEC Filing | Source | Source | Source | Source | Source |
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $824.74M | $792.41M | $715.92M | $779.51M | $825.76M | $543.17M | $662.32M | $561.91M | $731.86M | $746.43M | $656.60M | $716.14M | $1.01B | $737.81M | $843.26M | $679.90M | $898.33M | $598.02M | $592.26M | $558.16M |
| Cost of Revenue | $560.35M | $519.20M | $36.31M | $35.29M | $10.77M | $364.61M | $591.43M | $469.44M | $494.31M | $440.62M | $363.83M | $418.09M | $580.23M | $440.00M | $535.04M | $421.34M | $544.91M | $374.97M | $371.54M | $339.90M |
| Gross Profit | $264.40M | $273.21M | $679.61M | $744.22M | $814.99M | $178.56M | $70.88M | $92.47M | $237.55M | $305.81M | $292.77M | $298.05M | $432.61M | $297.80M | $308.22M | $258.56M | $353.42M | $223.05M | $220.72M | $218.26M |
| Gross Profit Ratio | 32.06% | 34.50% | 94.90% | 95.50% | 98.70% | 32.90% | 10.70% | 16.50% | 32.50% | 41.00% | 44.60% | 41.60% | 42.70% | 40.40% | 36.60% | 38.00% | 39.34% | 37.30% | 37.27% | 39.10% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $57.75M | $81.79M | $82.88M | $78.88M | $56.56M | $53.56M | $54.20M | $56.10M | $52.20M | $46.36M | $45.96M | $47.27M | $58.46M | $47.71M | $49.87M | $49.70M | $53.92M | $46.02M | $47.30M | $46.74M |
| Selling and Marketing Expenses | $28.57M | $21.78M | $25.49M | $23.60M | $27.26M | $20.75M | $28.58M | $22.76M | $26.67M | $19.63M | $22.67M | $14.12M | $16.85M | $9.92M | $9.33M | $6.65M | $8.16M | $7.56M | $6.52M | $20.19M |
| Selling General and Administrative Expenses | $86.32M | $103.57M | $108.37M | $102.48M | $83.82M | $74.31M | $82.78M | $78.86M | $78.87M | $65.99M | $68.63M | $61.39M | $75.31M | $57.63M | $59.20M | $56.35M | $62.08M | $53.58M | $53.82M | $66.93M |
| Other Expenses | $70.99M | $82.70M | $-621.71M | $-668.88M | $-734.12M | $89.86M | $98.17M | $50.53M | $85.53M | $81.67M | $81.23M | $76.93M | $88.90M | $85.21M | $82.75M | $67.92M | $72.04M | $64.79M | $70.58M | $66.79M |
| Operating Expenses | $157.31M | $104.48M | $169.08M | $668.88M | $734.12M | $164.07M | $180.96M | $129.39M | $164.41M | $147.66M | $149.86M | $138.32M | $164.27M | $142.84M | $141.96M | $124.27M | $135.48M | $117.92M | $124.40M | $133.72M |
| Cost and Expenses | $717.66M | $631.22M | $629.59M | $704.17M | $734.12M | $528.68M | $772.39M | $598.84M | $658.72M | $588.29M | $513.69M | $556.42M | $744.50M | $582.85M | $677.00M | $545.61M | $680.39M | $492.88M | $495.94M | $473.61M |
| Interest Income | $14.27M | $15.01M | $12.85M | $11.47M | $6.93M | $11.54M | $10.95M | $12.61M | $15.49M | $8.15M | $4.06M | $1.76M | $1.64M | $1.28M | $1.28M | $1.35M | $855.00K | $1.06M | $1.34M | $2.41M |
| Interest Expense | $22.15M | $22.55M | $22.64M | $20.73M | $19.74M | $19.25M | $19.20M | $19.48M | $81.52M | $19.69M | $21.11M | $7.10M | $20.47M | $20.38M | $20.13M | $19.80M | $80.63M | $20.34M | $19.97M | $20.14M |
| Depreciation and Amortization | $8.81M | $9.02M | $9.20M | $9.15M | $10.77M | $10.61M | $27.96M | $26.35M | $25.03M | $24.42M | $26.20M | $27.36M | $31.53M | $35.22M | $9.59M | $9.38M | $9.81M | $8.86M | $8.78M | $9.43M |
| EBITDA | $138.04M | $192.75M | $95.53M | $84.49M | $-87.81M | $33.29M | $-61.88M | $-6.26M | $99.02M | $217.77M | $175.63M | $209.00M | $320.35M | $211.62M | $195.98M | $163.46M | $247.49M | $133.88M | $104.65M | $113.67M |
| EBITDA Ratio | 16.74% | 24.32% | 13.34% | 10.84% | 10.14% | 2.67% | -16.61% | -6.56% | 10.00% | 21.19% | 24.03% | 22.31% | 26.50% | 21.00% | 19.72% | 19.75% | 24.31% | 17.66% | 16.34% | 15.23% |
| Operating Income | $107.08M | $161.19M | $86.33M | $75.34M | $91.64M | $-4.86M | $-110.07M | $-36.92M | $73.14M | $158.14M | $125.84M | $159.73M | $268.34M | $154.96M | $166.26M | $134.29M | $217.50M | $104.68M | $95.86M | $84.10M |
| Operating Income Ratio | 12.98% | 20.34% | 12.06% | 9.67% | 11.10% | -0.89% | -16.62% | -6.57% | 9.99% | 21.19% | 19.17% | 22.30% | 26.49% | 21.00% | 19.72% | 19.75% | 24.21% | 17.50% | 16.19% | 15.07% |
| Total Other Income Expenses Net | $8.01M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Income Before Tax | $115.10M | $161.19M | $63.64M | $54.56M | $71.90M | $-4.86M | $-110.07M | $-36.92M | $73.14M | $158.14M | $125.84M | $159.73M | $268.34M | $154.96M | $166.26M | $134.29M | $217.50M | $104.68M | $95.86M | $84.10M |
| Income Before Tax Ratio | 13.96% | 20.34% | 8.89% | 7.00% | 8.71% | -0.89% | -16.62% | -6.57% | 9.99% | 21.19% | 19.17% | 22.30% | 26.49% | 21.00% | 19.72% | 19.75% | 24.21% | 17.50% | 16.19% | 15.07% |
| Income Tax Expense | $28.79M | $45.05M | $11.59M | $14.34M | $403.00K | $-11.63M | $10.30M | $-21.73M | $16.07M | $35.35M | $34.19M | $38.75M | $57.05M | $39.45M | $41.34M | $43.46M | $22.73M | $28.16M | $22.79M | $25.77M |
| Net Income | $86.31M | $107.94M | $49.91M | $35.76M | $63.57M | $7.14M | $-124.01M | $-15.20M | $57.06M | $103.89M | $94.39M | $112.14M | $210.38M | $105.40M | $121.63M | $86.01M | $186.09M | $73.59M | $72.11M | $63.01M |
| Net Income Ratio | 10.47% | 13.62% | 6.97% | 4.59% | 7.70% | 1.31% | -18.72% | -2.70% | 7.80% | 13.92% | 14.38% | 15.66% | 20.77% | 14.29% | 14.42% | 12.65% | 20.72% | 12.31% | 12.18% | 11.29% |
| EPS | $0.93 | $1.13 | $0.53 | $0.38 | $0.69 | $0.07 | $-1.40 | $-0.17 | $0.65 | $1.06 | $0.96 | $1.05 | $1.97 | $1.00 | $1.14 | $0.80 | $1.73 | $0.69 | $0.68 | $0.59 |
| EPS Diluted | $0.83 | $1.02 | $0.49 | $0.35 | $0.65 | $0.06 | $-1.40 | $-0.17 | $0.61 | $1.05 | $0.92 | $1.04 | $1.86 | $0.94 | $1.08 | $0.75 | $1.64 | $0.66 | $0.66 | $0.56 |
| Weighted Average Shares Outstanding | 94.78M | 93.63M | 92.89M | 91.26M | 90.23M | 89.43M | 88.73M | 87.59M | 88.17M | 98.26M | 98.66M | 107.11M | 104.69M | 105.42M | 106.75M | 107.29M | 107.32M | 107.17M | 106.66M | 106.30M |
| Weighted Average Shares Outstanding Diluted | 106.11M | 103.48M | 100.63M | 99.35M | 94.99M | 94.31M | 88.73M | 87.59M | 94.19M | 98.87M | 102.75M | 108.19M | 112.28M | 112.99M | 113.60M | 115.82M | 115.14M | 113.18M | 111.49M | 114.12M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents | $1.31B | $971.32M | $1.23B | $1.47B | $1.39B |
| Short Term Investments | $268.68M | $219.58M | $779.25M | $1.35B | $1.13B |
| Cash and Short Term Investments | $1.05M | $971.32M | $2.01B | $2.81B | $2.52B |
| Net Receivables | $- | $- | $652.76M | $855.09M | $792.29M |
| Inventory | $- | $- | $-217.84M | $3.56B | $2.27B |
| Other Current Assets | $32.47M | $34.09M | $843.22M | $855.61M | $228.34M |
| Total Current Assets | $1.05M | $971.32M | $3.29B | $4.24B | $3.31B |
| Property Plant Equipment Net | $595.34M | $639.73M | $681.68M | $466.05M | $513.92M |
| Goodwill | $393.57M | $394.90M | $377.24M | $379.42M | $383.86M |
| Intangible Assets | $- | $30.00K | $90.00K | $150.00K | $210.00K |
| Goodwill and Intangible Assets | $393.57M | $394.93M | $377.33M | $379.57M | $384.07M |
| Long Term Investments | $555.72M | $640.28M | $698.98M | $1.01B | $658.53M |
| Tax Assets | $479.58M | $497.34M | $407.66M | $435.31M | $538.45M |
| Other Non-Current Assets | $152.86M | $1.49B | $394.76M | $623.09M | $564.92M |
| Total Non-Current Assets | $2.18B | $3.66B | $2.56B | $2.91B | $2.66B |
| Other Assets | $2.62B | $- | $- | $- | $- |
| Total Assets | $4.79B | $4.64B | $5.85B | $7.15B | $5.97B |
| Account Payables | $- | $- | $- | $- | $- |
| Short Term Debt | $- | $- | $- | $- | $- |
| Tax Payables | $237.92M | $253.14M | $117.31M | $169.84M | $139.71M |
| Deferred Revenue | $136.54M | $140.42M | $921.83M | $1.44B | $1.20B |
| Other Current Liabilities | $522.33M | $638.83M | $667.20M | $1.14B | $970.73M |
| Total Current Liabilities | $896.78M | $1.03B | $921.83M | $1.44B | $1.20B |
| Long Term Debt | $2.19B | $2.18B | $2.20B | $2.24B | $2.29B |
| Deferred Revenue Non-Current | $- | $- | $137.33M | $970.48M | $733.50M |
| Deferred Tax Liabilities Non-Current | $1.08M | $3.86M | $3.92M | $1.83M | $1.04M |
| Other Non-Current Liabilities | $938.81M | $854.28M | $1.47B | $1.81B | $1.48B |
| Total Non-Current Liabilities | $3.13B | $3.03B | $3.67B | $4.05B | $3.77B |
| Other Liabilities | $- | $- | $- | $- | $- |
| Total Liabilities | $4.03B | $4.07B | $4.59B | $5.49B | $4.97B |
| Preferred Stock | $- | $- | $1.68B | $1.56B | $1.30B |
| Common Stock | $- | $1.13M | $1.13M | $1.13M | $1.13M |
| Retained Earnings | $1.47B | $1.40B | $1.68B | $1.56B | $1.30B |
| Accumulated Other Comprehensive Income Loss | $-326.74M | $-289.95M | $-295.85M | $-223.85M | $-238.37M |
| Other Total Stockholders Equity | $-509.13M | $-690.05M | $-825.52M | $-362.70M | $-146.37M |
| Total Stockholders Equity | $636.24M | $423.76M | $556.46M | $975.22M | $911.77M |
| Total Equity | $636.24M | $569.86M | $1.26B | $1.65B | $999.43M |
| Total Liabilities and Stockholders Equity | $4.79B | $4.64B | $5.85B | $7.15B | $5.97B |
| Minority Interest | $- | $146.10M | $702.41M | $677.74M | $87.66M |
| Total Liabilities and Total Equity | $4.79B | $4.64B | $5.85B | $7.15B | $5.97B |
| Total Investments | $824.40M | $859.86M | $1.42B | $2.35B | $1.79B |
| Total Debt | $2.19B | $2.18B | $2.20B | $2.24B | $2.29B |
| Net Debt | $884.32M | $1.20B | $966.63M | $772.73M | $899.83M |
Balance Sheet Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $1.31B | $1.17B | $880.64M | $956.80M | $1.01B | $653.36M | $697.76M | $596.60M | $1.23B | $1.00B | $907.47M | $878.17M | $1.47B | $1.18B | $979.90M | $974.70M | $1.39B | $1.11B | $896.84M | $793.48M |
| Short Term Investments | $268.68M | $313.02M | $203.81M | $247.85M | $219.58M | $319.38M | $446.78M | $522.56M | $779.25M | $1.34B | $1.70B | $1.64B | $1.35B | $1.36B | $1.11B | $1.01B | $1.13B | $1.19B | $1.16B | $1.08B |
| Cash and Short Term Investments | $1.31B | $1.48B | $880.64M | $956.80M | $1.01B | $972.74M | $1.14B | $1.12B | $2.01B | $2.34B | $2.61B | $2.52B | $2.81B | $2.55B | $2.09B | $1.99B | $2.52B | $2.30B | $2.05B | $1.87B |
| Net Receivables | $753.62M | $682.03M | $725.49M | $750.48M | $832.02M | $632.13M | $674.56M | $698.13M | $652.76M | $740.39M | $739.70M | $816.64M | $855.09M | $700.14M | $818.80M | $739.62M | $792.29M | $575.10M | $652.11M | $588.65M |
| Inventory | $- | $- | $- | $- | $- | $1.35B | $1.44B | $1.37B | $-217.84M | $- | $2.88B | $- | $-238.16M | $- | $- | $- | $-183.85M | $- | $- | $- |
| Other Current Assets | $- | $35.00M | $33.09M | $33.56M | $267.51M | $34.04M | $35.37M | $36.98M | $843.22M | $621.10M | $617.06M | $615.23M | $855.61M | $615.30M | $614.29M | $615.09M | $228.34M | $41.26M | $40.28M | $41.40M |
| Total Current Assets | $2.06B | $2.20B | $1.81B | $1.96B | $2.29B | $1.64B | $1.85B | $1.85B | $3.29B | $3.70B | $3.97B | $3.95B | $4.24B | $3.86B | $3.52B | $3.34B | $3.31B | $2.92B | $2.74B | $2.50B |
| Property Plant Equipment Net | $595.34M | $608.90M | $672.37M | $617.42M | $639.73M | $642.80M | $663.14M | $674.54M | $681.68M | $638.56M | $666.95M | $701.60M | $466.05M | $468.52M | $479.24M | $492.09M | $513.92M | $517.58M | $525.19M | $533.25M |
| Goodwill | $393.57M | $394.57M | $393.97M | $394.10M | $394.90M | $394.05M | $394.62M | $394.26M | $377.24M | $375.78M | $377.88M | $379.48M | $379.42M | $379.68M | $380.69M | $381.75M | $383.86M | $373.19M | $368.07M | $355.72M |
| Intangible Assets | $- | $- | $- | $15.00K | $30.00K | $45.00K | $60.00K | $394.26M | $90.00K | $105.00K | $120.00K | $135.00K | $150.00K | $165.00K | $180.00K | $195.00K | $210.00K | $646.00K | $1.09M | $1.52M |
| Goodwill and Intangible Assets | $393.57M | $394.57M | $393.97M | $394.11M | $394.93M | $394.09M | $394.68M | $394.26M | $377.33M | $375.89M | $378.00M | $379.62M | $379.57M | $379.85M | $380.87M | $381.95M | $384.07M | $373.84M | $369.16M | $357.25M |
| Long Term Investments | $555.72M | $628.85M | $629.83M | $623.87M | $704.75M | $657.88M | $690.20M | $741.87M | $698.98M | $638.96M | $733.14M | $869.84M | $1.01B | $914.98M | $867.71M | $782.35M | $658.53M | $535.25M | $523.37M | $505.75M |
| Tax Assets | $479.58M | $526.80M | $507.57M | $506.17M | $497.34M | $507.95M | $524.05M | $367.65M | $407.66M | $390.54M | $408.19M | $429.23M | $435.31M | $480.53M | $492.36M | $506.84M | $538.45M | $557.12M | $563.24M | $569.55M |
| Other Non-Current Assets | $152.86M | $465.11M | $513.52M | $490.26M | $108.61M | $453.87M | $476.40M | $534.92M | $394.76M | $460.86M | $560.33M | $519.51M | $623.09M | $621.54M | $662.29M | $702.79M | $564.92M | $563.39M | $586.38M | $625.06M |
| Total Non-Current Assets | $2.18B | $2.62B | $2.72B | $2.63B | $2.35B | $2.66B | $2.75B | $2.71B | $2.56B | $2.50B | $2.75B | $2.90B | $2.91B | $2.87B | $2.88B | $2.87B | $2.66B | $2.55B | $2.57B | $2.59B |
| Other Assets | $555.08M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $4.79B | $4.82B | $4.53B | $4.59B | $4.64B | $4.30B | $4.60B | $4.57B | $5.85B | $6.21B | $6.71B | $6.85B | $7.15B | $6.73B | $6.41B | $6.21B | $5.97B | $5.47B | $5.31B | $5.10B |
| Account Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Short Term Debt | $505.48M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Tax Payables | $237.92M | $84.14M | $84.14M | $115.00M | $253.14M | $118.55M | $118.55M | $118.56M | $117.31M | $192.40M | $192.47M | $192.49M | $169.84M | $211.24M | $211.24M | $211.24M | $139.71M | $221.89M | $221.89M | $221.79M |
| Deferred Revenue | $308.21M | $- | $- | $136.27M | $140.42M | $- | $- | $- | $921.83M | $1.50B | $1.83B | $1.75B | $1.44B | $1.45B | $1.23B | $1.24B | $1.20B | $1.24B | $1.23B | $1.14B |
| Other Current Liabilities | $-237.92M | $346.83M | $-84.14M | $536.34M | $638.83M | $-118.55M | $469.29M | $578.52M | $667.20M | $-1.69B | $1.83B | $-192.49M | $1.14B | $-211.24M | $-1.44B | $-1.45B | $970.73M | $-1.47B | $-1.45B | $-1.37B |
| Total Current Liabilities | $813.70M | $430.97M | $466.25M | $651.34M | $1.03B | $581.39M | $587.84M | $697.09M | $921.83M | $1.50B | $2.02B | $1.75B | $1.44B | $1.45B | $1.23B | $1.24B | $1.20B | $1.24B | $1.23B | $1.14B |
| Long Term Debt | $- | $521.52M | $2.21B | $2.15B | $2.09B | $2.18B | $2.20B | $2.20B | $2.20B | $2.19B | $2.21B | $2.22B | $2.24B | $2.24B | $2.25B | $2.27B | $2.29B | $2.29B | $2.30B | $2.30B |
| Deferred Revenue Non-Current | $- | $- | $135.29M | $136.27M | $140.42M | $491.33M | $-6.58M | $- | $137.33M | $- | $494.46M | $- | $970.48M | $710.46M | $643.44M | $483.54M | $733.50M | $1.24B | $1.23B | $1.14B |
| Deferred Tax Liabilities Non-Current | $1.08M | $2.17M | $3.94M | $2.18M | $3.86M | $5.38M | $6.58M | $4.79M | $3.92M | $8.96M | $13.61M | $15.88M | $1.83M | $1.32M | $1.33M | $2.20M | $1.04M | $2.58M | $2.92M | $963.00K |
| Other Non-Current Liabilities | $3.21B | $2.66B | $1.72B | $1.89B | $936.60M | $1.61B | $1.90B | $1.07B | $1.47B | $1.25B | $1.06B | $1.32B | $1.81B | $1.48B | $2.65B | $2.50B | $1.48B | $2.39B | $2.33B | $2.23B |
| Total Non-Current Liabilities | $3.22B | $3.19B | $3.47B | $3.40B | $3.03B | $3.21B | $3.52B | $3.27B | $3.67B | $3.45B | $3.28B | $3.55B | $4.05B | $3.72B | $3.67B | $3.53B | $3.77B | $3.44B | $3.40B | $3.39B |
| Other Liabilities | $- | $437.38M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $4.03B | $4.06B | $3.93B | $4.05B | $4.07B | $3.79B | $4.10B | $3.97B | $4.59B | $4.95B | $5.31B | $5.30B | $5.49B | $5.17B | $4.90B | $4.77B | $4.97B | $4.69B | $4.63B | $4.54B |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $1 | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $- | $1.13M | $1.13M | $1.13M | $1.13M | $1.13M | $1.13M | $1.13M | $1.13M | $1.13M | $1.13M | $1.13M | $1.13M | $1.13M | $1.13M | $1.13M | $1.13M | $1.13M | $1.13M | $1.13M |
| Retained Earnings | $1.47B | $1.44B | $1.38B | $1.38B | $1.40B | $1.39B | $1.43B | $1.60B | $1.68B | $1.68B | $1.63B | $1.58B | $1.56B | $1.40B | $1.35B | $1.28B | $1.30B | $1.16B | $1.14B | $1.12B |
| Accumulated Other Comprehensive Income Loss | $-326.74M | $-271.84M | $-306.29M | $-304.00M | $-289.95M | $-293.06M | $-281.89M | $-282.96M | $-295.85M | $-334.38M | $-290.03M | $-237.63M | $-223.85M | $-246.53M | $-226.65M | $-255.71M | $-238.37M | $-279.79M | $-308.92M | $-333.41M |
| Other Total Stockholders Equity | $-509.13M | $-542.71M | $-618.88M | $-689.25M | $-690.05M | $-735.26M | $-790.45M | $-871.39M | $-825.52M | $-788.51M | $-623.62M | $-496.68M | $-362.70M | $-278.98M | $-295.72M | $-259.32M | $-146.37M | $-187.84M | $-231.62M | $-300.46M |
| Total Stockholders Equity | $636.24M | $624.27M | $458.65M | $392.71M | $423.76M | $361.32M | $359.98M | $451.43M | $556.46M | $560.64M | $715.66M | $849.83M | $975.22M | $877.81M | $826.88M | $765.00M | $911.77M | $693.81M | $600.60M | $486.43M |
| Total Equity | $715.87M | $708.74M | $595.12M | $537.01M | $569.86M | $501.34M | $499.47M | $597.88M | $1.26B | $1.26B | $1.40B | $1.54B | $1.65B | $1.55B | $1.51B | $1.44B | $999.43M | $778.70M | $683.97M | $559.62M |
| Total Liabilities and Stockholders Equity | $4.79B | $4.82B | $4.53B | $4.59B | $4.64B | $4.30B | $4.60B | $4.57B | $5.85B | $6.21B | $6.71B | $6.85B | $7.15B | $6.73B | $6.41B | $6.21B | $5.97B | $5.47B | $5.31B | $5.10B |
| Minority Interest | $79.63M | $84.47M | $136.47M | $144.29M | $146.10M | $140.02M | $139.49M | $146.46M | $702.41M | $695.18M | $687.00M | $694.80M | $677.74M | $674.91M | $679.97M | $676.69M | $87.66M | $84.89M | $83.37M | $73.18M |
| Total Liabilities and Total Equity | $4.79B | $4.82B | $4.53B | $4.59B | $4.64B | $4.30B | $4.60B | $4.57B | $5.85B | $6.21B | $6.71B | $6.85B | $7.15B | $6.73B | $6.41B | $6.21B | $5.97B | $5.47B | $5.31B | $5.10B |
| Total Investments | $824.40M | $941.88M | $203.81M | $623.87M | $704.75M | $977.26M | $1.14B | $1.26B | $1.42B | $1.93B | $2.43B | $2.51B | $2.35B | $2.28B | $1.98B | $1.80B | $1.79B | $1.73B | $1.68B | $1.59B |
| Total Debt | $505.48M | $521.52M | $2.38B | $2.32B | $2.18B | $2.18B | $2.20B | $2.20B | $2.20B | $2.19B | $2.21B | $2.22B | $2.24B | $2.24B | $2.25B | $2.27B | $2.29B | $2.29B | $2.30B | $2.30B |
| Net Debt | $-802.74M | $-644.20M | $1.49B | $1.36B | $1.17B | $1.53B | $1.50B | $1.60B | $966.63M | $1.19B | $1.30B | $1.34B | $772.73M | $1.05B | $1.27B | $1.29B | $899.83M | $1.18B | $1.40B | $1.51B |
Annual Cash Flow
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Net Income | $286.71M | $-75.48M | $392.48M | $542.54M | $402.69M |
| Depreciation and Amortization | $36.28M | $43.19M | $42.40M | $38.38M | $36.89M |
| Deferred Income Tax | $2.83M | $-124.96M | $41.50M | $92.84M | $46.71M |
| Stock Based Compensation | $448.49M | $- | $240.64M | $233.96M | $218.45M |
| Change in Working Capital | $- | $-240.87M | $-109.29M | $-299.47M | $-322.00M |
| Accounts Receivables | $- | $- | $140.75M | $-81.61M | $-72.15M |
| Inventory | $- | $- | $- | $- | $- |
| Accounts Payables | $- | $- | $- | $- | $- |
| Other Working Capital | $19.84M | $-240.87M | $-250.04M | $-217.86M | $-249.85M |
| Other Non Cash Items | $-31.48M | $562.78M | $60.66M | $468.14M | $64.71M |
| Net Cash Provided by Operating Activities | $742.83M | $164.66M | $833.98M | $866.08M | $575.93M |
| Investments in Property Plant and Equipment | $- | $-28.30M | $-49.51M | $-39.70M | $-64.29M |
| Acquisitions Net | $- | $-10.52M | $573.00K | $642.00K | $1.35M |
| Purchases of Investments | $-115.84M | $- | $-1.09M | $-976.00K | $-1.77M |
| Sales Maturities of Investments | $100.00M | $- | $514.00K | $334.00K | $423.00K |
| Other Investing Activities | $149.91M | $490.00K | $-6.93M | $642.00K | $1.35M |
| Net Cash Used for Investing Activities | $134.07M | $-38.32M | $-56.44M | $-39.06M | $-62.94M |
| Debt Repayment | $-3.19M | $- | $- | $- | $- |
| Common Stock Issued | $- | $- | $- | $575.00M | $- |
| Common Stock Repurchased | $-59.50M | $-102.05M | $-691.71M | $-406.15M | $-95.23M |
| Dividends Paid | $-179.02M | $-173.07M | $-181.88M | $-195.94M | $-196.60M |
| Other Financing Activities | $-197.96M | $-1.30B | $-508.45M | $222.93M | $-255.53M |
| Net Cash Used Provided by Financing Activities | $-439.67M | $-1.57B | $-1.38B | $195.84M | $-547.35M |
| Effect of Forex Changes on Cash | $-52.85M | $30.44M | $-186.12M | $-161.67M | $147.63M |
| Net Change in Cash | $384.38M | $-1.41B | $-790.61M | $861.19M | $113.27M |
| Cash at End of Period | $1.61B | $1.22B | $2.64B | $3.43B | $2.57B |
| Cash at Beginning of Period | $1.22B | $2.64B | $3.43B | $2.57B | $2.46B |
| Operating Cash Flow | $742.83M | $164.66M | $833.98M | $866.08M | $575.93M |
| Capital Expenditure | $- | $-28.30M | $-49.51M | $-39.70M | $-64.29M |
| Free Cash Flow | $742.83M | $136.37M | $784.47M | $826.38M | $511.64M |
Cash Flow Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $78.30M | $105.36M | $49.04M | $34.48M | $62.04M | $6.77M | $-120.38M | $-15.20M | $57.06M | $122.79M | $91.65M | $120.97M | $211.29M | $115.51M | $124.92M | $90.83M | $194.77M | $76.52M | $73.08M | $58.33M |
| Depreciation and Amortization | $8.81M | $8.94M | $9.20M | $9.15M | $10.77M | $10.61M | $10.61M | $11.19M | $10.46M | $10.87M | $10.80M | $10.27M | $10.02M | $9.39M | $9.59M | $9.38M | $9.81M | $8.86M | $8.78M | $9.43M |
| Deferred Income Tax | $37.04M | $-19.53M | $-1.84M | $-12.84M | $19.68M | $13.57M | $-154.55M | $-200.00K | $-14.22M | $12.33M | $17.14M | $26.26M | $39.08M | $10.12M | $13.97M | $29.67M | $16.03M | $7.27M | $11.89M | $11.52M |
| Stock Based Compensation | $- | $- | $89.35M | $70.20M | $40.94M | $58.36M | $80.73M | $70.53M | $39.54M | $74.92M | $72.75M | $53.44M | $38.18M | $51.89M | $75.70M | $68.19M | $38.07M | $39.67M | $68.54M | $72.16M |
| Change in Working Capital | $150.66M | $190.04M | $-64.37M | $-326.47M | $50.76M | $-119.50M | $298.69M | $-571.53M | $173.54M | $154.32M | $41.61M | $-478.76M | $102.47M | $151.07M | $-182.32M | $-370.70M | $18.19M | $80.79M | $-69.14M | $-351.85M |
| Accounts Receivables | $-89.39M | $54.29M | $24.83M | $6.69M | $-118.97M | $36.55M | $25.61M | $-43.69M | $97.51M | $-3.11M | $61.50M | $-15.16M | $-108.06M | $110.44M | $-76.50M | $-7.49M | $-158.19M | $84.15M | $-58.07M | $59.96M |
| Inventory | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Accounts Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Working Capital | $240.05M | $135.75M | $-89.20M | $-333.17M | $169.73M | $-156.05M | $273.08M | $-527.84M | $76.03M | $157.42M | $-52.20M | $-478.76M | $102.47M | $151.07M | $-182.32M | $-370.70M | $18.19M | $80.79M | $-69.14M | $-351.85M |
| Other Non Cash Items | $88.05M | $98.94M | $148.14M | $155.09M | $238.15M | $118.80M | $159.13M | $56.06M | $-318.75M | $59.34M | $137.30M | $17.09M | $-304.12M | $111.99M | $148.68M | $17.21M | $-265.21M | $82.27M | $131.06M | $15.49M |
| Net Cash Provided by Operating Activities | $362.85M | $383.74M | $148.43M | $-152.19M | $240.88M | $33.49M | $201.00M | $-411.42M | $314.32M | $434.56M | $298.63M | $-213.53M | $452.86M | $398.15M | $138.42M | $-123.34M | $320.52M | $255.71M | $155.67M | $-155.98M |
| Investments in Property Plant and Equipment | $-14.87M | $13.06M | $-6.44M | $-6.62M | $-8.79M | $-7.51M | $-7.38M | $-4.61M | $-24.52M | $-5.29M | $-6.19M | $-13.51M | $-14.41M | $-7.92M | $-9.87M | $-7.50M | $-30.08M | $-9.31M | $-12.89M | $-12.01M |
| Acquisitions Net | $- | $-1.93M | $1.92M | $12.00K | $138.00K | $252.00K | $98.00K | $-10.52M | $301.00K | $59.00K | $211.00K | $2.00K | $-57.00K | $97.00K | $-26.00K | $- | $- | $- | $- | $- |
| Purchases of Investments | $- | $-17.49M | $-98.35M | $- | $-138.00K | $-1.32M | $-228.00K | $-50.00K | $-427.00K | $-239.00K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $50.00M | $49.77M | $51.00K | $181.00K | $829.00K | $1.07M | $130.00K | $50.00K | $126.00K | $180.00K | $17.00K | $191.00K | $-79.00K | $97.00K | $316.00K | $- | $- | $- | $- | $- |
| Other Investing Activities | $-870.00K | $165.88M | $-96.43M | $-6.61M | $138.00K | $252.00K | $98.00K | $2.00K | $301.00K | $-7.44M | $211.00K | $2.00K | $-57.00K | $97.00K | $-26.00K | $628.00K | $1.20M | $16.00K | $66.00K | $69.00K |
| Net Cash Used for Investing Activities | $34.26M | $209.30M | $-102.83M | $-6.43M | $-7.83M | $-7.26M | $-7.28M | $-15.13M | $-24.22M | $-12.73M | $-5.98M | $-13.51M | $-14.46M | $-7.82M | $-9.90M | $-6.87M | $-28.88M | $-9.30M | $-12.82M | $-11.94M |
| Debt Repayment | $-166.12M | $- | $10.00K | $396.00M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $575.00M | $- | $- | $- | $- |
| Common Stock Repurchased | $-15.57M | $-3.11M | $-18.81M | $-22.00M | $- | $-2.95M | $-172.00K | $-98.92M | $-79.53M | $-236.99M | $-199.39M | $-175.80M | $-119.96M | $-52.45M | $-111.09M | $-122.65M | $- | $- | $- | $-95.23M |
| Dividends Paid | $-45.19M | $-45.09M | $-45.02M | $-43.72M | $-43.71M | $-43.44M | $-43.40M | $-42.52M | $-42.97M | $-46.24M | $-46.01M | $-46.66M | $-48.35M | $-48.63M | $-49.52M | $-49.44M | $-49.37M | $-49.34M | $-49.13M | $-48.76M |
| Other Financing Activities | $-6.98M | $-63.47M | $-128.79M | $-231.79M | $-106.56M | $-130.34M | $-128.20M | $-930.97M | $-658.71M | $-255.43M | $202.47M | $203.22M | $42.87M | $221.53M | $116.91M | $-158.39M | $-113.57M | $-21.12M | $45.35M | $-166.19M |
| Net Cash Used Provided by Financing Activities | $-233.87M | $-111.67M | $-192.66M | $98.31M | $-151.10M | $-176.73M | $-171.77M | $-1.07B | $-781.20M | $-538.66M | $-42.93M | $-19.24M | $-125.44M | $120.46M | $-43.70M | $244.52M | $-162.93M | $-70.46M | $-3.78M | $-310.18M |
| Effect of Forex Changes on Cash | $-67.61M | $37.94M | $-952.00K | $-22.23M | $35.54M | $-22.62M | $1.81M | $15.71M | $167.79M | $-145.95M | $-156.15M | $-51.82M | $-43.97M | $-55.29M | $16.79M | $-79.20M | $95.39M | $76.11M | $37.98M | $-61.85M |
| Net Change in Cash | $95.63M | $519.30M | $-76.16M | $-48.60M | $318.01M | $-173.13M | $23.75M | $-1.48B | $-323.31M | $-262.77M | $93.58M | $-298.10M | $268.99M | $455.49M | $101.61M | $35.10M | $224.10M | $252.06M | $177.05M | $-539.95M |
| Cash at End of Period | $1.61B | $1.40B | $880.64M | $956.80M | $1.01B | $1.01B | $1.18B | $1.16B | $2.64B | $2.96B | $3.23B | $3.13B | $3.43B | $3.16B | $2.71B | $2.60B | $2.57B | $2.34B | $2.09B | $1.92B |
| Cash at Beginning of Period | $1.51B | $880.64M | $956.80M | $1.01B | $687.39M | $1.18B | $1.16B | $2.64B | $2.96B | $3.23B | $3.13B | $3.43B | $3.16B | $2.71B | $2.60B | $2.57B | $2.34B | $2.09B | $1.92B | $2.46B |
| Operating Cash Flow | $362.85M | $383.74M | $148.43M | $-152.19M | $240.88M | $33.49M | $201.00M | $-411.42M | $314.32M | $434.56M | $298.63M | $-213.53M | $452.86M | $398.15M | $138.42M | $-123.34M | $320.52M | $255.71M | $155.67M | $-155.98M |
| Capital Expenditure | $-14.87M | $13.06M | $-6.44M | $-6.62M | $-8.79M | $-7.51M | $-7.38M | $-4.61M | $-24.52M | $-5.29M | $-6.19M | $-13.51M | $-14.41M | $-7.92M | $-9.87M | $-7.50M | $-30.08M | $-9.31M | $-12.89M | $-12.01M |
| Free Cash Flow | $347.98M | $396.80M | $141.99M | $-158.81M | $232.09M | $25.97M | $193.62M | $-416.03M | $289.80M | $429.27M | $292.44M | $-227.04M | $438.45M | $390.23M | $128.54M | $-130.84M | $290.45M | $246.40M | $142.79M | $-167.99M |
Lazard Dividends
Explore Lazard's dividend history, including dividend yield, payout ratio, and historical payments.
Dividend Yield
3.73%
Dividend Payout Ratio
63.95%
Dividend Paid & Capex Coverage Ratio
4.15x
Lazard Dividend History
| Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.5 | $0.5 | February 10, 2025 | February 10, 2025 | February 21, 2025 | January 29, 2025 |
| $0.5 | $0.5 | November 08, 2024 | November 08, 2024 | November 15, 2024 | October 30, 2024 |
| $0.5 | $0.5 | August 05, 2024 | August 05, 2024 | August 16, 2024 | July 24, 2024 |
| $0.5 | $0.5 | May 03, 2024 | May 06, 2024 | May 17, 2024 | April 24, 2024 |
| $0.5 | $0.5 | February 09, 2024 | February 12, 2024 | February 23, 2024 | January 31, 2024 |
| $0.5 | $0.5 | November 03, 2023 | November 06, 2023 | November 17, 2023 | October 25, 2023 |
| $0.5 | $0.5 | August 04, 2023 | August 07, 2023 | August 18, 2023 | July 26, 2023 |
| $0.5 | $0.5 | May 05, 2023 | May 08, 2023 | May 19, 2023 | April 26, 2023 |
| $0.5 | $0.5 | February 10, 2023 | February 13, 2023 | February 24, 2023 | February 01, 2023 |
| $0.5 | $0.5 | November 04, 2022 | November 07, 2022 | November 18, 2022 | October 26, 2022 |
| $0.5 | $0.5 | August 05, 2022 | August 08, 2022 | August 19, 2022 | July 27, 2022 |
| $0.47 | $0.47 | May 06, 2022 | May 09, 2022 | May 20, 2022 | April 27, 2022 |
| $0.47 | $0.47 | February 11, 2022 | February 14, 2022 | February 25, 2022 | February 02, 2022 |
| $0.47 | $0.47 | November 05, 2021 | November 08, 2021 | November 19, 2021 | October 28, 2021 |
| $0.47 | $0.47 | August 06, 2021 | August 09, 2021 | August 20, 2021 | July 29, 2021 |
| $0.47 | $0.47 | May 07, 2021 | May 10, 2021 | May 21, 2021 | April 29, 2021 |
| $0.47 | $0.47 | February 18, 2021 | February 19, 2021 | March 02, 2021 | February 04, 2021 |
| $0.47 | $0.47 | November 06, 2020 | November 09, 2020 | November 20, 2020 | October 28, 2020 |
| $0.47 | $0.47 | August 07, 2020 | August 10, 2020 | August 21, 2020 | July 29, 2020 |
| $0.47 | $0.47 | May 08, 2020 | May 11, 2020 | May 22, 2020 | April 29, 2020 |
Lazard News
Read the latest news about Lazard, including recent articles, headlines, and updates.
Lazard and Arini Enter Cooperation and Sourcing Agreement for EMEA Private Credit
LONDON & PARIS--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ), a global financial advisory and asset management firm, and Arini Capital Management (“Arini”), a leading alternative credit manager, today announced an alliance focused on direct lending solutions for borrowers across EMEA. The alliance further expands Lazard's leading debt advisory and capital solutions services across EMEA and will provide Lazard's corporate and sponsor advisory clients access to a potential new source of flexible fin.
Lazard Global Total Return and Income Fund Declares Monthly Distribution and Issues Estimated Sources of the Distribution Announced in February
NEW YORK--(BUSINESS WIRE)--Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) is confirming today, pursuant to its Managed Distribution Policy, as previously authorized by its Board of Directors, a monthly distribution of $0.14646 per share on the Fund's outstanding common stock. The distribution is payable on April 22, 2025 to shareholders of record on April 10, 2025. The ex-dividend date is April 10, 2025. The Fund will pay a previously declared distribution today, March.
Lazard Reports February 2025 Assets Under Management
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of February 28, 2025, totaled approximately $232.9 billion. The month's AUM included net outflows of $0.8 billion, foreign exchange appreciation of $0.5 billion and market appreciation of $0.1 billion. LAZARD, INC. ASSETS UNDER MANAGEMENT (“AUM”) (unaudited) ($ in millions) As of: February 28, January 31, 20251 2025 Equity .
Buy Two Ideal March 'Safer' Dividend Dogs Of 34 Barron's 2025 Pro-Picks
Barron's New-Year (NY) Roundtable (RT) selections published in three issues 1/13-27/2025, listed 34 dividend picks as the best of 2025. Analysts predict top picks like AdvanSix, Applied Materials, and Salesforce could net significant returns, with an average gain estimate of 28.85%. Two standout "safer" stocks, AT&T and Annaly Capital, meet the dogcatcher ideal, offering high yields relative to their prices.
Lazard Global Total Return and Income Fund Declares Monthly Distribution and Issues Estimated Sources of the Distribution Announced in January
NEW YORK--(BUSINESS WIRE)--Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) is confirming today, pursuant to its Managed Distribution Policy, as previously authorized by its Board of Directors, a monthly distribution of $0.14646 per share on the Fund's outstanding common stock. The distribution is payable on March 21, 2025 to shareholders of record on March 10, 2025. The ex-dividend date is March 10, 2025. The Fund will pay a previously declared distribution today, Febru.
Lazard Reports January 2025 Assets Under Management
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of January 31, 2025 totaled approximately $233.0 billion. The month's AUM included market appreciation of $6.1 billion, foreign exchange appreciation of $0.4 billion and net inflows of $0.3 billion. LAZARD, INC. ASSETS UNDER MANAGEMENT (“AUM”) (unaudited) ($ in millions) As of: January 31, 20251 December 31, 2024 Equity $181,506 $174,938 Fixed Income 43,395 43,286.
Buy 1 Safer Ideal January Dog Of 35 Barron's Pro-Picked 2025 Dividends
Barron's 2025 Roundtable features stock picks from top financial experts, highlighting 65 select stocks with a focus on high-yield dividend opportunities. Analysts estimate top ten Barron's Pro Picks could net 19.46% to 35.09% gains by January 2026, with Salesforce and Wynn Resorts leading. The "Dividend Dogs" strategy identifies high-yield stocks, with AT&T emerging as the sole "safer" ideal candidate among top picks.
Lazard: Healthy Backlog Into Next Year, But Peers Are Competitively Valued
Lazard, Inc. reported $10 billion in won but not yet funded mandates, meaning they have healthy commissions to be earned in the coming year. LAZ is aggressively hiring MDs, aiming to put them to work in a more deal abundant 2025. Asset management saw outflows but concentrated in low-fee accounts, muting revenue impacts expected into the next year.
Lazard, Inc. (LAZ) Q4 2024 Earnings Call Transcript
Lazard, Inc. (NYSE:LAZ ) Q4 2024 Earnings Conference Call January 30, 2025 8:00 AM ET Company Participants Alexandra Deignan – Head-Investor Relations and Treasury Peter Orszag – Chief Executive Officer and Chairman Mary Ann Betsch – Chief Financial Officer Evan Russo – Chief Executive Officer-Asset Management Conference Call Participants Devin Ryan – Citizens JMP Brennan Hawken – UBS Brendan O'Brien – Wolfe Research Jim Mitchell – Seaport Global Securities James Yaro – Goldman Sachs Aidan Hall – KBW Ryan Kenny – Morgan Stanley Mike Brown – Wells Fargo Operator Good morning, everyone. Welcome to Lazard's Fourth Quarter and Full Year 2024 Earnings Conference Call.
Lazard Reports Fourth-quarter and Full-year 2024 Results
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) today reported net revenue of $817 million and adjusted net revenue1 of $812 million for the quarter ended December 31, 2024. For the full year of 2024, Lazard reported net revenue of $3,052 million and adjusted net revenue1 of $2,890 million. On a U.S. GAAP basis, Lazard reported fourth-quarter 2024 net income of $86 million or $0.80 per share, diluted. For the full year of 2024, net income was $280 million or $2.68 per share, diluted. For th.
Lazard Reports December 2024 Assets Under Management
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of December 31, 2024 totaled approximately $226.3 billion. The month's AUM included net outflows of $4.5 billion, foreign exchange depreciation of $2.5 billion and market depreciation of $1.1 billion. Outflows included $3.3 billion from two concentrated sub-advisory relationships. Preliminary average AUM for the quarter ended December 31, 2024 was $233.8 billion. LAZARD, IN.
Lazard to Announce Fourth-Quarter and Full-Year 2024 Financial Results
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) will announce its fourth-quarter and full-year 2024 financial results in a press release to be issued Thursday morning, January 30, 2025. The press release will be available in the News & Announcements section of Lazard's website at www.lazard.com. Lazard will host a conference call at 8:00 a.m. ET on January 30, 2025, to discuss the company's financial results for the fourth-quarter and full-year 2024. The conference call can be accessed.
Lazard Hires Stephen Finkel as Managing Director and Global Head of Sports Advisory
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) today announced that Stephen Finkel joined the firm as a Managing Director and Global Head of Sports Advisory, based in New York. In addition, the firm also welcomed Manoel Carvalho as a Managing Director and Bryan Tannenbaum as a Vice President, to the Media, Entertainment & Sports advisory group. These appointments demonstrate Lazard's successful global recruiting efforts as the firm continues to execute its long-term growth strategy. Th.
US activists' demands push up stock prices but maybe not for long, Lazard report says
Demands by U.S. activist investors can send a target company's stock surging, and new data from investment bank Lazard show that these corporate nudges generate considerable market index-beating gains in the days after demands are announced.
Lazard Global Total Return and Income Fund Announces Monthly Distribution Amount
NEW YORK--(BUSINESS WIRE)--Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) is confirming today, as previously authorized by its Board of Directors pursuant to a Managed Distribution Policy, a monthly distribution of $0.14646, equivalent to 10% (annualized) of the Fund's net asset value per share as of the close of markets on December 31, 2024 on the Fund's outstanding common stock. The distribution is payable on January 22, 2025 to shareholders of record on January 10,.
Lazard Global Total Return and Income Fund Declares Monthly Distribution and Issues Estimated Sources of the Distribution Announced in November
NEW YORK--(BUSINESS WIRE)--Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) is confirming today, pursuant to its Managed Distribution Policy, as previously authorized by its Board of Directors, a monthly distribution of $0.14941 per share on the Fund's outstanding common stock. The distribution is payable on January 22, 2025 to shareholders of record on January 10, 2025. The ex-dividend date is January 10, 2025. The Fund will pay a previously declared distribution today,.
SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of Lazard, Inc. (NYSE: LAZ)
NEW YORK , Dec. 17, 2024 /PRNewswire/ -- Purcell & Lefkowitz LLP announces that it is investigating Lazard, Inc. (NYSE: LAZ) on behalf of the company's shareholders. The investigation seeks to determine whether Lazard's directors breached their fiduciary duties in connection with recent corporate actions.
KBW Announces Index Rebalancing for Fourth-Quarter 2024
NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE: SF), announces the upcoming index rebalancing for the fourth quarter of 2024.
Lazard, Inc. Announces Results of Consent Solicitation and Offer to Guarantee Lazard Group LLC Senior Notes
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) (“Lazard”) today announced that, in connection with its previously announced consent solicitation and offer to guarantee for Lazard Group LLC (a wholly owned subsidiary of Lazard) (“Lazard Group”) senior notes, it has received the required consents from the holders of the outstanding Lazard Group senior notes listed below (collectively, the “Notes”) to adopt the proposed amendments to the indenture, dated as of May 10, 2005 (as amended and sup.
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