Lazard, Inc. (LAZ) vs Piper Sandler Companies (PIPR)
Lazard, Inc. and Piper Sandler Companies are both Capital Markets companies. Piper Sandler Companies is the larger, with a market value of $5.0B against $3.5B — 1.4× the size. Piper Sandler Companies trades at the lower P/E: 15.9× against 16.6×. Piper Sandler Companies grew revenue faster over the last twelve months: 32.4% against 5.69%. Piper Sandler Companies has the higher net margin (14.5% vs 6.80%) and the higher return on invested capital (26.1% vs 14.9%). Both pay a dividend; Lazard, Inc. yields more (5.21% vs 3.12%). Across the 23 metrics below, Piper Sandler Companies leads on 14 and Lazard, Inc. on 9.
Valuation
Profitability
| Metric | LAZ | PIPR | Capital Markets median |
|---|---|---|---|
| Gross margin | 100.00% | 99.05% | 62.80% |
| Operating margin | 9.54% | 24.96% | 0.00% |
| Net margin | 6.80% | 14.53% | (0.55%) |
| Free cash flow margin | 20.57% | 23.02% | 0.00% |
| Return on equity | 25.91% | 20.72% | 0.00% |
| Return on assets | 4.95% | 14.34% | 0.00% |
| Return on invested capital | 14.86% | 26.13% | 0.00% |
Growth
Health
Dividend
Size
Any metric, up to five companies and an Excel export Powerpack