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

38.92 0.39 +1.01%
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) Return on equity

Alert me on Return on equity

Lazard, Inc.'s return on equity over the twelve months to 30 September 2026 was 19.5%, down 9.5 percentage points from fiscal 2025 (28.9%). Over the past ten years it has ranged from −13.8% (fiscal 2023) to 92.3% (fiscal 2015); the current reading is higher than 27% of that period. That is above the Capital Markets industry median of 0.00% and above the Financial sector median of 9.01%.

Return on equity, annual

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Annual newest first

Period Return on equity Change (points)
FY2025 28.9% (17.84)
FY2024 46.8% 60.59
FY2023 −13.8% (54.59)
FY2022 40.8% (9.23)
FY2021 50.0% 3.04
FY2020 47.0% 12.69
FY2019 34.3% (13.02)
FY2018 47.3% 27.43
FY2017 19.9% (9.27)
FY2016 29.1% (63.16)

Against its own ten years

Low −13.8% High 92.3%
Ten-year median 40.8%
Current reading's percentile 27

Return on equity against peers

Company Return on equity
MC Moelis & Company compare 36.9%
MIAX Miami International Holdings, Inc. compare 28.9%
FIGR Figure Technology Solutions, Inc. compare 21.5%
LAZ Lazard, Inc. 19.5%
BGC BGC Group, Inc. compare 16.7%
PIPR Piper Sandler Companies compare 0.00%
PJT PJT Partners Inc. compare 0.00%
MRX Marex Group PLC compare 0.00%
GLXY Galaxy Digital Inc. compare −7.22%
Capital Markets industry median 0.00%
Financial sector median 9.01%
Market median 0.51%

What Return on equity is

ROE shows how much profit a company earns for its shareholders on the equity they have in the business.

Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)

The full definition of Return on equity →

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