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 1.77 −4.35%
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) P/E ratio

Alert me on P/E ratio

As of 5 November 2026, Lazard, Inc. (LAZ) trades at a P/E ratio of 22.0×. Over the past ten years it has ranged from 0.0× (June 2024) to 30.6× (September 2024); the current reading is higher than 95% of that period. That is above the Capital Markets industry median of 14.4× and above the Financial sector median of 12.2×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 20.5× 16.62%
FY2024 17.6× —
FY2023 0.0× —
FY2022 9.6× 8.76%
FY2021 8.9× (22.64%)
FY2020 11.5× (26.56%)
FY2019 15.6× 86.92%
FY2018 8.4× (67.30%)
FY2017 25.5× 90.71%
FY2016 13.4× 132.92%

Quarterly newest first

Period P/E ratio Change
Sep 2026 20.5× 7.86%
Jun 2026 19.0× 22.41%
Mar 2026 15.5× (24.33%)
Dec 2025 20.5× 7.53%
43 more quarters

Against its own ten years

Low 0.0× High 30.6×
Ten-year median 12.1×
Current reading's percentile 94

P/E ratio against peers

Company P/E ratio
GLXY Galaxy Digital Inc. compare n/m
MIAX Miami International Holdings, Inc. compare 10.7×
MRX Marex Group PLC compare 15.3×
PIPR Piper Sandler Companies compare 15.8×
PJT PJT Partners Inc. compare 18.7×
MC Moelis & Company compare 19.3×
FIGR Figure Technology Solutions, Inc. compare 19.6×
LAZ Lazard, Inc. 22.0×
BGC BGC Group, Inc. compare 25.7×
Capital Markets industry median 14.4×
Financial sector median 12.2×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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