Lazard, Inc. (LAZ) stock
LAZNYSEInvestment AdviceFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 26, 2026Score 5/3013% above fair value
$40.40−0.47 (-1.15%)
Close on Nov 13, 2026Market cap $4.44BP/E 24.5Yield 4.95%
Lazard ebitda
EBITDA is earnings before interest, taxes, depreciation and amortization, a rough measure of cash profit from operations.
Lazard's ebitda for the twelve months ending Sep 30, 2026 was $298.08M, down 22.4% year over year. For fiscal 2025 it was $361.79M, down 14.4% from the year before. Over ten years it grew 36.5% a year on average. The highest annual figure on record is $856.94M in fiscal 2017.
Annual ebitda
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $361.79M | -14.4% |
| FY2024 | Dec 31, 2024 | $422.75M | – |
| FY2023 | Dec 31, 2023 | -$37.10M | -106.6% |
| FY2022 | Dec 31, 2022 | $559.18M | -26.6% |
| FY2021 | Dec 31, 2021 | $762.16M | +41.9% |
| FY2020 | Dec 31, 2020 | $537.24M | +25.4% |
| FY2019 | Dec 31, 2019 | $428.27M | -40.1% |
| FY2018 | Dec 31, 2018 | $714.87M | -16.6% |
| FY2017 | Dec 31, 2017 | $856.94M | +55.6% |
| FY2016 | Dec 31, 2016 | $550.73M | +3306.9% |
| FY2015 | Dec 31, 2015 | $16.17M | -97.1% |
| FY2014 | Dec 31, 2014 | $553.93M | +120.2% |
| FY2013 | Dec 31, 2013 | $251.56M | +62.6% |
| FY2012 | Dec 31, 2012 | $154.74M | -40.5% |
| FY2011 | Dec 31, 2011 | $260.08M | – |
Quarterly ebitda
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | $62.13M | -39.9% |
| Q2 FY2026 | Jun 30, 2026 | $44.97M | -55.8% |
| Q1 FY2026 | Mar 31, 2026 | $97.39M | +54.4% |
| Q4 FY2025 | Dec 31, 2025 | $93.59M | -19.4% |
| Q3 FY2025 | Sep 30, 2025 | $103.41M | -39.2% |
| Q2 FY2025 | Jun 30, 2025 | $101.71M | +39.7% |
| Q1 FY2025 | Mar 31, 2025 | $63.08M | -1.0% |
| Q4 FY2024 | Dec 31, 2024 | $116.08M | +40.6% |
| Q3 FY2024 | Sep 30, 2024 | $170.15M | +2906.2% |
| Q2 FY2024 | Jun 30, 2024 | $72.83M | – |
| Q1 FY2024 | Mar 31, 2024 | $63.70M | – |
| Q4 FY2023 | Dec 31, 2023 | $82.57M | -1.2% |
| Q3 FY2023 | Sep 30, 2023 | $5.66M | -96.7% |
| Q2 FY2023 | Jun 30, 2023 | -$99.56M | -172.9% |
| Q1 FY2023 | Mar 31, 2023 | -$25.78M | -115.2% |
| Q4 FY2022 | Dec 31, 2022 | $83.58M | -70.0% |
| Q3 FY2022 | Sep 30, 2022 | $168.99M | +2.8% |
| Q2 FY2022 | Jun 30, 2022 | $136.63M | -22.3% |
| Q1 FY2022 | Mar 31, 2022 | $169.99M | +18.3% |
| Q4 FY2021 | Dec 31, 2021 | $278.34M | +22.7% |
| Q3 FY2021 | Sep 30, 2021 | $164.34M | +45.3% |
| Q2 FY2021 | Jun 30, 2021 | $175.84M | +68.8% |
| Q1 FY2021 | Mar 31, 2021 | $143.65M | +54.3% |
| Q4 FY2020 | Dec 31, 2020 | $226.88M | +74.9% |
| Q3 FY2020 | Sep 30, 2020 | $113.08M | +85.4% |
| Q2 FY2020 | Jun 30, 2020 | $104.19M | -5.1% |
| Q1 FY2020 | Mar 31, 2020 | $93.08M | -27.2% |
| Q4 FY2019 | Dec 31, 2019 | $129.69M | -21.5% |
| Q3 FY2019 | Sep 30, 2019 | $60.98M | -58.6% |
| Q2 FY2019 | Jun 30, 2019 | $109.75M | -47.3% |
| Q1 FY2019 | Mar 31, 2019 | $127.85M | -34.1% |
| Q4 FY2018 | Dec 31, 2018 | $165.12M | -55.0% |
| Q3 FY2018 | Sep 30, 2018 | $147.31M | -3.1% |
| Q2 FY2018 | Jun 30, 2018 | $208.38M | +15.6% |
| Q1 FY2018 | Mar 31, 2018 | $194.06M | +22.9% |
| Q4 FY2017 | Dec 31, 2017 | $366.83M | +121.6% |
| Q3 FY2017 | Sep 30, 2017 | $152.05M | – |
| Q2 FY2017 | Jun 30, 2017 | $180.21M | – |
| Q1 FY2017 | Mar 31, 2017 | $157.86M | – |
| Q4 FY2016 | Dec 31, 2016 | $165.53M | – |
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