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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
38.92
0.39
+1.01%
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Lazard, Inc. (LAZ) EBITDA
Lazard, Inc.'s EBITDA for fiscal 2025 was $821.6M, down 5.70% from $871.2M in fiscal 2024. Over the twelve months to 30 September 2026 it was $806.0M. Over the past ten years it has ranged from $342.5M (fiscal 2015) to $1.2B (fiscal 2017); the current reading is higher than 36% of that period. Lazard, Inc. ranks 17th of 83 Capital Markets companies by EBITDA.
EBITDA, annual
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Annual newest first
| Period | EBITDA | Change |
|---|---|---|
| FY2025 | $821.6M | (5.70%) |
| FY2024 | $871.2M | 121.83% |
| FY2023 | $392.8M | (59.32%) |
| FY2022 | $965.5M | (16.50%) |
| FY2021 | $1.2B | 30.52% |
| FY2020 | $886.0M | 8.91% |
| FY2019 | $813.5M | (24.00%) |
| FY2018 | $1.1B | (12.68%) |
| FY2017 | $1.2B | 32.12% |
| FY2016 | $927.8M | 170.92% |
Quarterly newest first
| Period | EBITDA | Change |
|---|---|---|
| Sep 2026 | $187.5M | (5.67%) |
| Jun 2026 | $198.7M | (11.86%) |
| Mar 2026 | $225.5M | 16.00% |
| Dec 2025 | $194.4M | (13.59%) |
| 43 more quarters | Free account |
Against its own ten years
Low $342.5M
High $1.2B
Ten-year median
$886.0M
Current reading's percentile
36
EBITDA against peers
| Company | EBITDA |
|---|---|
| LAZ Lazard, Inc. | $806.0M |
| MRX Marex Group PLC compare | $768.3M |
| BGC BGC Group, Inc. compare | $614.6M |
| PIPR Piper Sandler Companies compare | $586.2M |
| PJT PJT Partners Inc. compare | $430.1M |
| MC Moelis & Company compare | $303.7M |
| FIGR Figure Technology Solutions, Inc. compare | $220.1M |
| MIAX Miami International Holdings, Inc. compare | $198.1M |
| GLXY Galaxy Digital Inc. compare | −$274.0M |
What EBITDA is
EBITDA shows what a company earns from its operations before interest, taxes and the non-cash charges for depreciation and amortization.
Reported line item
More on LAZ
- Revenue
- Net income
- EPS (diluted)
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement