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

Date: July 24, 2025
Time: Before Market
Est. EPS: $0.43
Status: Unconfirmed

Last Earnings Results

Date: April 25, 2025
EPS: $0.56
Est. EPS: $0.29
Revenue: $669.16M

Earnings Call Transcripts

Transcript Quarter Year Date Estimated EPS Actual EPS
Read Transcript Q1 2025 2025-04-25 $0.29 $0.56
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

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% 23.72% 39.13% 39.62% 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% 22.44% 25.75% 23.41%
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 $2.93 $-0.90 $3.68 $4.90 $3.69
EPS Diluted $2.68 $-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 March 31, 2025 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
Revenue $669.16M $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
Cost of Revenue $449.11M $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
Gross Profit $220.06M $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
Gross Profit Ratio 32.89% 32.06% 34.48% 94.93% 95.47% 98.70% 32.87% 10.70% 16.46% 32.46% 40.97% 44.59% 41.62% 42.71% 40.36% 36.55% 38.03% 39.34% 37.30% 37.27%
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
Selling and Marketing Expenses $27.73M $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
Selling General and Administrative Expenses $27.73M $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
Other Expenses $116.58M $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
Operating Expenses $144.31M $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
Cost and Expenses $593.42M $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
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
Interest Expense $-21.11M $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
Depreciation and Amortization $22.73M $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
EBITDA $54.63M $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
EBITDA Ratio 8.16% 16.74% 24.32% 13.34% 10.84% -10.63% 6.13% -9.34% -1.11% 13.53% 29.17% 26.75% 29.18% 31.63% 28.68% 23.24% 24.04% 27.55% 22.39% 17.67%
Operating Income $54.63M $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
Operating Income Ratio 8.16% 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%
Total Other Income Expenses Net $-1.61M $8.01M $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Income Before Tax $53.02M $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
Income Before Tax Ratio 7.92% 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%
Income Tax Expense $-7.35M $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
Net Income $60.38M $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
Net Income Ratio 9.02% 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%
EPS $0.61 $0.89 $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
EPS Diluted $0.56 $0.80 $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
Weighted Average Shares Outstanding 95.26M 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
Weighted Average Shares Outstanding Diluted 104.83M 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
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 March 31, 2025 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
Cash and Cash Equivalents $908.59M $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
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
Cash and Short Term Investments $908.59M $1.58B $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
Net Receivables $683.00M $800.32M $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
Inventory $- $- $- $- $- $- $1.35B $1.44B $1.37B $-217.84M $- $2.88B $- $-238.16M $- $- $- $-183.85M $- $-
Other Current Assets $- $239.70M $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
Total Current Assets $1.59B $2.62B $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
Property Plant Equipment Net $430.50M $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
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
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
Goodwill and Intangible Assets $394.10M $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
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
Tax Assets $496.85M $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
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
Total Non-Current Assets $1.32B $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
Other Assets $1.32B $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Assets $4.23B $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
Account Payables $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Short Term Debt $503.88M $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
Deferred Revenue $335.38M $136.54M $- $- $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
Other Current Liabilities $- $16.85M $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
Total Current Liabilities $839.25M $896.78M $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
Long Term Debt $- $505.48M $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
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
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
Other Non-Current Liabilities $2.66B $2.63B $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
Total Non-Current Liabilities $2.66B $3.13B $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
Other Liabilities $- $- $437.38M $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Liabilities $3.50B $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
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
Retained Earnings $1.48B $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
Accumulated Other Comprehensive Income Loss $-306.77M $-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
Other Total Stockholders Equity $-567.87M $-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
Total Stockholders Equity $603.03M $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
Total Equity $686.84M $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
Total Liabilities and Stockholders Equity $4.23B $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
Minority Interest $83.81M $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
Total Liabilities and Total Equity $4.23B $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
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
Total Debt $503.88M $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
Net Debt $-404.71M $-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

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 Ltd (LAZ)

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.

Financial Services Financial - Capital Markets

$38.99

Stock Price

$3.51B

Market Cap

3.26K

Employees

Hamilton, None

Location

Revenue (FY 2024)

$3.09B

21.0% YoY

Net Income (FY 2024)

$279.91M

470.8% YoY

EPS (FY 2024)

$2.68

397.8% YoY

Free Cash Flow (FY 2024)

$742.83M

444.7% YoY

Profitability

Gross Margin

31.6%

Net Margin

9.1%

ROE

44.0%

ROA

5.8%

Valuation

P/E Ratio

17.13

P/S Ratio

1.55

EV/EBITDA

11.12

Market Cap

$3.51B

Revenue & Net Income

Profit Margins

Cash Flow Summary

Operating Cash Flow

$742.83M

351.1% YoY

Free Cash Flow

$742.83M

444.7% YoY

Balance Sheet Summary

Total Assets

$4.79B

3.4% YoY

Total Debt

$2.19B

0.8% YoY

Shareholder Equity

$636.24M

28.2% YoY

Dividend Overview

$0.50

Latest Dividend

%

Dividend Yield

%

Payout Ratio

Recent Dividend History
Date Amount Type
2025-05-05 $0.50 May 05, 25
2025-02-10 $0.50 February 10, 25
2024-11-08 $0.50 November 08, 24
2024-08-05 $0.50 August 05, 24
2024-05-03 $0.50 May 03, 24
2024-02-09 $0.50 February 09, 24
2023-11-03 $0.50 November 03, 23
2023-08-04 $0.50 August 04, 23
2023-05-05 $0.50 May 05, 23
2023-02-10 $0.50 February 10, 23

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 May 05, 2025 May 05, 2025 May 16, 2025 April 24, 2025
$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

Lazard News

Read the latest news about Lazard, including recent articles, headlines, and updates.

Lazard's Q1 Earnings Beat Estimates on Y/Y Lower Expenses, Stock Down

LAZ's first-quarter 2025 results top estimates on the back of lower operating expenses, partially offset by lower operating revenues and AUM.

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Dealmaking remains uncertain, Lazard banker says: ‘We're not in normal times.'

Lazard Inc.'s stock retreated on Friday after the investment bank said that its deal backlog has grown but that an elevated level of economic uncertainty is making it difficult to predict how the second quarter will play out.

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Lazard CEO Peter Orszag: Recession odds are very high if tariff uncertainty remains

Peter Orszag, Lazard CEO, joins 'Money Movers' to discuss the company's quarterly earnings results, how to tell clients how to respond to recent trade news, and much more.

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Lazard (LAZ) Q1 2025 Earnings Call Transcript

Lazard Inc. (NYSE:LAZ ) Q1 2025 Earnings Conference Call April 25, 2025 8:00 AM ET Company Participants Peter Orszag - Chairman, Chief Executive Officer Mary Ann Betsch - Chief Financial Officer Evan Russo - Chief Executive Officer, Asset Management Alexandra Deignan - Head of Investor Relations and Treasury Conference Call Participants Mike Brown - Wells Fargo James Yaro - Goldman Sachs Ben Rubin - UBS Ryan Kenny - Morgan Stanley Alex Jenkins - Citizens JMP Brendan O'Brien - Wolfe Research Operator Good morning everyone and welcome to Lazard's first quarter 2025 earnings conference call. This call is being recorded.

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Lazard (LAZ) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

While the top- and bottom-line numbers for Lazard (LAZ) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

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Lazard (LAZ) Q1 Earnings and Revenues Top Estimates

Lazard (LAZ) came out with quarterly earnings of $0.56 per share, beating the Zacks Consensus Estimate of $0.29 per share. This compares to earnings of $0.66 per share a year ago.

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Lazard Reports First-Quarter 2025 Results

NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) today reported net revenue of $648 million and adjusted net revenue1 of $643 million for the quarter ended March 31, 2025. On both a U.S. GAAP and an adjusted basis1, Lazard reported first-quarter 2025 net income of $60 million or $0.56 per share, diluted. “First quarter performance was solid in the midst of an uncertain business environment,” said Peter R. Orszag, CEO and Chairman. “Throughout our history, we've maintained an unwavering focus.

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Lazard Global Total Return and Income Fund Declares Monthly Distribution and Issues Estimated Sources of the Distribution Announced in March

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 May 22, 2025 to shareholders of record on May 12, 2025. The ex-dividend date is May 12, 2025. The Fund will pay a previously declared distribution today, April 22, 2.

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Stay Ahead of the Game With Lazard (LAZ) Q1 Earnings: Wall Street's Insights on Key Metrics

Get a deeper insight into the potential performance of Lazard (LAZ) for the quarter ended March 2025 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

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Earnings Preview: Lazard (LAZ) Q1 Earnings Expected to Decline

Lazard (LAZ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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Former U.S. Congressman and House Financial Services Chair Patrick McHenry Joins Lazard as Senior Advisor

NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ), the preeminent global financial advisory and asset management firm, announced today that Patrick McHenry has joined as Senior Advisor, effective April 23, 2025. McHenry brings over 20 years of experience as an elected official and leading voice on U.S. economic and financial policy. His appointment underscores Lazard's commitment to expanding its capacity to help clients navigate the increasingly complex intersection of business, politics, an.

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Lazard boosts UAE footprint with financial advisory office in Abu Dhabi

Lazard is strengthening its footprint in the United Arab Emirates by opening an office in the capital city of Abu Dhabi which will serve as the investment bank's main financial advisory hub in the country, it said on Tuesday.

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Lazard Marks Strategic Expansion Into the UAE, Reinforcing Its Financial Advisory Base in MENA

NEW YORK & ABU DHABI, United Arab Emirates & RIYADH, Saudi Arabia--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) announced today its strategic expansion into the United Arab Emirates, establishing Abu Dhabi as the Financial Advisory main office for the country, subject to regulatory approval. The establishment of this office reflects the role of Abu Dhabi as a leading business and financial center globally and underscores Lazard's commitment to deepening its presence in MENA and serving as a truste.

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Lazard Reports March 2025 Assets Under Management

NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of March 31, 2025 totaled approximately $227.4 billion. The month's AUM included market depreciation of $5.4 billion, net outflows of $3.1 billion and foreign exchange appreciation of $3.1 billion. Preliminary average AUM for the quarter ended March 31, 2025 was $230.8 billion. LAZARD, INC. ASSETS UNDER MANAGEMENT (“AUM”) (unaudited) ($ in millions)     As of:   March 31, F.

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Lazard Makes Active ETF Debut With 3 New Funds

On Monday, Lazard Asset Management announced that it has released its first three active ETFs in the United States. Each of these new funds taps into Lazard's extensive portfolio experience to offer a distinct investment strategy.

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Lazard CEO outlines 'several aspects' adding to the market uncertainty

Lazard CEO and Chairman Peter Orszag joins CNBC's Silvia Amaro at the Ambrosetti conference, discussing the impact of U.S. President Donald Trump's sweeping tariffs announcement.

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The markets are still in 'a state of denial' when it comes to tariffs, says Lazard's Ron Temple

Ron Temple, Lazard chief market strategist, joins 'Squawk Box' to discuss the latest market trends, impact of tariff uncertainty, where investors can find opportunities right now, and more.

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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.

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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.

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Lazard's February AUM Balance Declines Sequentially on Net Outflows

LAZ's AUM balance in February 2025 declines marginally on the back of net outflows, partially offset by market and foreign exchange appreciation.

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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        .

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The economy can't sustain tariffs at these levels, says Lazard CEO Peter Orszag

Peter Orszag, Lazard CEO, joins 'Power Lunch' to discuss Trump's tariffs, market uncertainty and the sell-off.

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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.

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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.

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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.

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Lazard Soars 42.7% in a Year: How Should You Play the Stock Now?

LAZ's rising AUM balance and ambitious 2030 target look encouraging. Read on to know whether it is the right time to buy the stock.

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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.

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Lazard Stock Gains as Earnings & Revenues Beat Estimates in Q4

LAZ's fourth-quarter 2024 results benefit from higher revenues, and increased loans and deposit balances.

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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.

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