Friday 6 November 2026
Export LAZ’s income statement to Excel — free account
Lazard, Inc.
Lazard, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $3.1 billion, up 1.54% from fiscal 2024.
- Revenue
- +8.84%
- EPS
- −62.0%
- Free cash flow
- +9.21%
- Total debt
- +0.18%
Quarter to September 2026, against a year earlier
38.32
0.21
−0.55%
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| Older periods | Dec '25 | Mar '26 | Jun '26 | Sep '26 | |
|---|---|---|---|---|---|
P/E ratio |
+8 more quarters Free account |
20.49 | 15.50 | 18.98 | 20.47 |
P/S ratio |
1.53 | 1.32 | 1.32 | 1.11 | |
P/FCF ratio |
9.71 | 8.50 | 6.42 | 5.32 | |
P/Operating CF |
11.84 | (19.27) | 20.90 | 11.57 | |
P/B ratio |
5.22 | 4.84 | 4.70 | 3.89 | |
Price to Tangible BV |
9.26 | 8.84 | 9.30 | 7.49 | |
EV/Sales |
1.53 | 1.46 | 1.44 | — | |
EV/EBITDA |
5.78 | 5.32 | 5.50 | — | |
EV/Operating CF |
9.15 | 9.04 | 6.91 | — | |
EV/FCF |
9.75 | 9.41 | 7.00 | — | |
Quick Ratio |
2.28 | 3.51 | 2.84 | 2.66 | |
Current Ratio |
2.28 | 3.51 | 2.84 | 2.66 | |
Net Debt/EBITDA |
0.09 | 2.02 | 1.95 | 1.27 | |
Debt/Assets |
34.20% | 39.82% | 38.71% | 37.17% | |
Debt/Equity |
1.86 | 1.94 | 1.87 | 1.80 | |
Asset Turnover |
0.64 | 0.76 | 0.73 | 0.72 | |
Operating CF/Net income |
8.29 | (2.25) | 57.41 | 11.42 | |
Capex/Depreciation |
(0.03) | (0.02) | 0.00 | (0.04) | |
Research and Development Expense of Revenue |
5.39% | 6.38% | 6.52% | 6.12% | |
Selling, General and Administrative Expense of Revenue |
83.94% | 80.12% | 86.86% | 85.25% | |
Intangible Assets out of Total Assets |
0.08 | 0.09 | 0.10 | 0.10 | |
Share Based Compensation of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | |
Graham Net Nets |
(0.31) | (0.32) | (0.33) | (0.36) | |
Graham Number |
22.27 | 23.25 | 21.07 | 19.25 | |
Earnings Yield |
4.88% | 6.45% | 5.27% | 4.89% | |
Free Cash Flow Yield |
10.30% | 11.77% | 15.58% | 18.81% | |
Revenue per Share |
9.30 | 7.61 | 7.97 | 8.06 | |
Operating CF per Share |
4.10 | (2.20) | 2.01 | 3.13 | |
Capex per Share |
(0.04) | (0.02) | 0.00 | (0.06) | |
Free Cash Flow per Share |
4.06 | (2.23) | 2.00 | 3.08 | |
Cash per Share |
17.14 | 12.41 | 12.85 | 14.38 | |
Shareholders Equity per Share |
9.30 | 8.77 | 8.92 | 9.31 | |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | |
Book value per Share |
9.30 | 8.77 | 8.92 | 9.31 | |
Free Cash Flow |
396.12 | (221.45) | 203.04 | 310.82 | |
Working Capital |
1,442.75 | 1,436.45 | 1,339.30 | 1,431.30 | |
Capital Expenditures |
(3.58) | (2.18) | (0.37) | (5.63) | |
Net Current Asset Value |
(1,461.63) | (1,359.94) | (1,392.14) | (1,311.68) | |
EV/EBIT |
14.50 | 12.91 | 15.10 | — | |
Capex to Sales |
0.00 | 0.00 | 0.00 | 0.01 | |
Price to Operating Income |
14.45 | 11.65 | 13.84 | 13.72 | |
| Other line items | |||||
Average Receivables |
825.70 | 728.39 | 760.01 | 808.84 | |
Average Assets |
4,865.13 | 4,236.36 | 4,429.02 | 4,590.92 | |
Average Common Equity |
795.72 | 760.50 | 845.51 | 909.56 |
Columns are period end dates · fundamentals updated 2 Nov 2026