Lazard, Inc.

LAZ Financial Capital Markets

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

38.89 0.36 +0.93%
Market cap
$3.8B
P/E
22.0×
Fwd P/E
22.9×
Dividend yield
5.14%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Lazard, Inc. (LAZ) Net margin

Alert me on Net margin

Lazard, Inc.'s net margin over the twelve months to 30 September 2026 was 5.39%, down 2.1 percentage points from fiscal 2025 (7.45%). Over the past ten years it has ranged from −3.18% (fiscal 2023) to 41.9% (fiscal 2015); the current reading is higher than 18% of that period. That is above the Capital Markets industry median of −0.34% and below the Financial sector median of 14.3%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 7.45% (1.50)
FY2024 8.95% 12.13
FY2023 −3.18% (16.07)
FY2022 12.9% (3.38)
FY2021 16.3% 0.89
FY2020 15.4% 4.44
FY2019 10.9% (7.71)
FY2018 18.7% 9.06
FY2017 9.59% (7.03)
FY2016 16.6% (25.29)

Quarterly newest first

Period Net margin Change (points)
Sep 2026 3.40% 2.96
Jun 2026 0.44% (12.46)
Mar 2026 12.9% 7.58
Dec 2025 5.32% (4.00)
43 more quarters

Against its own ten years

Low −3.18% High 41.9%
Ten-year median 12.9%
Current reading's percentile 10

Net margin against peers

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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