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
39.16
0.63
+1.64%
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| Sep '26 | Jun '26 | Mar '26 | Dec '25 | Older periods | |
|---|---|---|---|---|---|
P/E ratio |
20.47 | 18.98 | 15.50 | 20.49 |
+8 more quarters Free account |
P/S ratio |
1.11 | 1.32 | 1.32 | 1.53 | |
P/FCF ratio |
5.32 | 6.42 | 8.50 | 9.71 | |
P/Operating CF |
11.57 | 20.90 | (19.27) | 11.84 | |
P/B ratio |
3.89 | 4.70 | 4.84 | 5.22 | |
Price to Tangible BV |
7.49 | 9.30 | 8.84 | 9.26 | |
EV/Sales |
— | 1.44 | 1.46 | 1.53 | |
EV/EBITDA |
— | 5.50 | 5.32 | 5.78 | |
EV/Operating CF |
— | 6.91 | 9.04 | 9.15 | |
EV/FCF |
— | 7.00 | 9.41 | 9.75 | |
Quick Ratio |
2.66 | 2.84 | 3.51 | 2.28 | |
Current Ratio |
2.66 | 2.84 | 3.51 | 2.28 | |
Net Debt/EBITDA |
1.27 | 1.95 | 2.02 | 0.09 | |
Debt/Assets |
37.17% | 38.71% | 39.82% | 34.20% | |
Debt/Equity |
1.80 | 1.87 | 1.94 | 1.86 | |
Asset Turnover |
0.72 | 0.73 | 0.76 | 0.64 | |
Operating CF/Net income |
11.42 | 57.41 | (2.25) | 8.29 | |
Capex/Depreciation |
(0.04) | 0.00 | (0.02) | (0.03) | |
Research and Development Expense of Revenue |
6.12% | 6.52% | 6.38% | 5.39% | |
Selling, General and Administrative Expense of Revenue |
85.25% | 86.86% | 80.12% | 83.94% | |
Intangible Assets out of Total Assets |
0.10 | 0.10 | 0.09 | 0.08 | |
Share Based Compensation of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | |
Graham Net Nets |
(0.36) | (0.33) | (0.32) | (0.31) | |
Graham Number |
19.25 | 21.07 | 23.25 | 22.27 | |
Earnings Yield |
4.89% | 5.27% | 6.45% | 4.88% | |
Free Cash Flow Yield |
18.81% | 15.58% | 11.77% | 10.30% | |
Revenue per Share |
8.06 | 7.97 | 7.61 | 9.30 | |
Operating CF per Share |
3.13 | 2.01 | (2.20) | 4.10 | |
Capex per Share |
(0.06) | 0.00 | (0.02) | (0.04) | |
Free Cash Flow per Share |
3.08 | 2.00 | (2.23) | 4.06 | |
Cash per Share |
14.38 | 12.85 | 12.41 | 17.14 | |
Shareholders Equity per Share |
9.31 | 8.92 | 8.77 | 9.30 | |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | |
Book value per Share |
9.31 | 8.92 | 8.77 | 9.30 | |
Free Cash Flow |
310.82 | 203.04 | (221.45) | 396.12 | |
Working Capital |
1,431.30 | 1,339.30 | 1,436.45 | 1,442.75 | |
Capital Expenditures |
(5.63) | (0.37) | (2.18) | (3.58) | |
Net Current Asset Value |
(1,311.68) | (1,392.14) | (1,359.94) | (1,461.63) | |
EV/EBIT |
— | 15.10 | 12.91 | 14.50 | |
Capex to Sales |
0.01 | 0.00 | 0.00 | 0.00 | |
Price to Operating Income |
13.72 | 13.84 | 11.65 | 14.45 | |
| Other line items | |||||
Average Receivables |
808.84 | 760.01 | 728.39 | 825.70 | |
Average Assets |
4,590.92 | 4,429.02 | 4,236.36 | 4,865.13 | |
Average Common Equity |
909.56 | 845.51 | 760.50 | 795.72 |
Columns are period end dates · fundamentals updated 2 Nov 2026