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
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Lazard, Inc. (LAZ) Return on invested capital
Lazard, Inc.'s return on invested capital over the twelve months to 30 September 2026 was 14.2%, down 7.9 percentage points from fiscal 2025 (22.1%). Over the past ten years it has ranged from −5.27% (fiscal 2023) to 378.3% (fiscal 2018); the current reading is higher than 64% of that period. That is above the Capital Markets industry median of 0.00% and above the Financial sector median of 4.70%.
Return on invested capital, annual
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Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 22.1% | (9.60) |
| FY2024 | 31.7% | 36.93 |
| FY2023 | −5.27% | (5.27) |
| FY2022 | 0.00% | 0.00 |
| FY2021 | 0.00% | (276.88) |
| FY2020 | 276.9% | 276.88 |
| FY2019 | 0.00% | (378.31) |
| FY2018 | 378.3% | 378.31 |
| FY2017 | 0.00% | (36.96) |
| FY2016 | 37.0% | 38.24 |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| MC Moelis & Company compare | 41.8% |
| MIAX Miami International Holdings, Inc. compare | 21.2% |
| FIGR Figure Technology Solutions, Inc. compare | 14.9% |
| LAZ Lazard, Inc. | 14.2% |
| BGC BGC Group, Inc. compare | 10.2% |
| 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 | −7.30% |
| Capital Markets industry median | 0.00% |
| Financial sector median | 4.70% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
More on LAZ
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- 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
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement