Lazard financials
$35.80+0.03%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.02B | $2.86B | $2.46B | $2.79B | $3.14B | $2.54B | $2.55B | $2.82B | $2.58B | $2.30B |
| Gross profit | $3.02B | $2.86B | $2.46B | $2.79B | $3.14B | $2.54B | $2.55B | $2.82B | $2.58B | $2.30B |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating income | $244.9M | $196.8M | -$133.9M | $528.3M | $671.9M | $471.5M | $358.2M | $676.9M | $762.2M | $481.3M |
| Net income | $230.9M | $273.0M | -$79.9M | $351.8M | $528.1M | $394.8M | $283.1M | $527.1M | $253.6M | $387.7M |
| Net margin | 7.7% | 9.5% | −3.2% | 12.6% | 16.8% | 15.6% | 11.1% | 18.7% | 9.8% | 16.9% |
| Diluted EPS | $2.17 | $2.68 | $-0.90 | $3.51 | $4.63 | $3.54 | $2.44 | $4.06 | $1.91 | $2.92 |
| EBITDA | $279.1M | $233.1M | -$91.0M | $570.6M | $1.18B | $920.0M | $779.0M | $1.07B | $1.16B | $891.7M |
| Operating cash flow | $519.3M | $742.8M | $164.7M | $834.0M | $866.1M | $575.9M | $890.0M | $811.1M | $1.45B | $639.8M |
| Free cash flow | $487.4M | $697.3M | $136.4M | $784.5M | $826.4M | $511.6M | $847.2M | $761.5M | $1.42B | $601.0M |
| Diluted shares | 106.3M | 102.4M | 89.0M | 101.0M | 113.7M | 113.5M | 116.1M | 129.8M | 132.5M | 132.6M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.47B | $1.31B | $971.3M | $1.23B | $1.47B | $1.39B |
| Short-term investments | $167.1M | $268.7M | $219.6M | $0.00 | — | — |
| Total debt | $1.69B | $1.69B | $1.69B | $1.69B | $1.69B | $1.68B |
| Total assets | $4.94B | $4.79B | $4.64B | $5.85B | $7.15B | $5.97B |
| Total liabilities | $3.95B | $4.03B | $4.07B | $4.59B | $5.49B | $4.97B |
| Shareholders' equity | $906.3M | $685.2M | $482.2M | $675.4M | $1.08B | $999.4M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology