Lazard, Inc. (LAZ) Stock

About Lazard, Inc.

Lazard, Inc. (LAZ) stock trades at $37.21 with a market capitalization of $3.63B. The stock is valued at a price-to-earnings (P/E) ratio of 16.05, price-to-book of 4.07, price-to-sales of 1.09. Over the past 52 weeks the stock has ranged between $34.21 and $58.75, and currently trades 36.7% below its 52-week high. It pays a dividend yielding 5.45%.

On profitability, Lazard, Inc. generates a return on equity (ROE) of 25.84%, above the typical market range of roughly 12-15%, return on capital employed of 9.48%, an operating margin of 13.03%, a net profit margin of 6.89%.

Lazard, Inc. by the numbers, 2016–2025

Between 2016 and 2025 Lazard, Inc. reported revenue of $2.4B rising to $3.2B, a change of +34.0% across 10 years. Compounded, revenue has grown 3.8% a year over five years, 4.1% over three, 3.2% over the last twelve months. Net profit fell to $237.0M.

Operating margin went from 21.8% in 2016 to 13.0% in 2025, a fall of 8.7 percentage points. The most recent net margin is 6.89%. On a trailing twelve-month basis to Jun '26, revenue is $3.3B and net profit $227.0M.

Borrowings rose from $1.2B to $2.6B, cash from operations was $537.0M in the latest year, positive in 10 of the last 10.

Return on equity has averaged 34.4% over five years, and was 27.1% in the most recent year.

The share price itself has compounded at —% a year over five years, —% over three, —% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Lazard, Inc. (LAZ) — frequently asked questions