What are Lazard's total assets?

Lazard (LAZ) holds $4.2B in total assets, up 0.2% year over year.

How much debt does Lazard have?

Lazard carries $2.2B in total debt against $881.3M of shareholders' equity, a debt-to-equity ratio of 2.45.

How much cash does Lazard have?

Lazard holds $1.0B in cash and equivalents.

Where does Lazard's balance sheet data come from?

Every line is extracted from Lazard's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Lazard LAZ Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Cash and cash equivalents	$1.02B+12.3%	$1.47B+12.3%	$1.17B+0.5%	$978.26M+15.4%	$908.59M-1.6%
Restricted cash	$6.59M-80.8%	$34.02M+4.8%	$33.45M-4.4%	$32.91M-0.5%	$34.25M+2.1%
Accounts receivable, net	$773.79M+13.3%	$897.79M+19.1%	$774.68M+13.6%	$754.8M+4.0%	$683M-9.0%
Derivative assets	$5.18M+305%	$453K-88.0%	$523K-69.4%	$88K-98.2%	$1.28M-60.7%
Property and equipment, net	$160.1M-4.8%	$168.01M+4.7%	$173.29M+9.4%	$176.24M-20.1%	$168.19M-26.1%
Accumulated depreciation	$290.69M-15.6%	$286.24M-14.0%	$327.54M-1.6%	$359.46M-15.2%	$344.46M-17.9%
Operating lease right-of-use assets	$402.5M-6.5%	$412.58M+959,497,674,319%	$437.01M-3.0%	$443.39M-1.8%	$430.5M+10.4%
Goodwill	$394.59M+0.1%	$395.26M+0.4%	$395.25M+0.2%	$395.23M+0.3%	$394.1M0.0%
Deferred tax assets	$1.12M+4.2%	$1.37M-99.8%	$959K-55.9%	$644K-83.7%	$1.08M-50.5%
Other non-current assets	$295.12M-14.5%	$316.69M-8.9%	$333.06M-17.9%	$345.7M-24.2%	$345.14M-30.1%
Equity method investments	$26.48M+50.6%	$18.75M+11.0%	$18.63M+3.9%	$18.49M—	$17.58M—
Long-term investments	$516.56M+2.0%	$625.85M+1.8%	$623.71M-9.4%	$637.47M-7.3%	$506.5M-18.4%
Total assets	$4.24B+0.2%	$4.94B+3.0%	$4.63B-3.9%	$4.49B-0.7%	$4.23B-7.7%
Accrued expenses	——	$222.68M+4.0%	——	——	——
Accrued compensation	$214.08M-13.7%	$794.75M-5.9%	$505.86M-20.2%	$391.05M-28.9%	$248.19M-50.0%
Deferred revenue	$5.83M-95.5%	$139.02M+1.8%	$142.63M+4.1%	$129.41M-4.3%	$129.21M-5.2%
Operating lease liabilities, current	$472.58M-6.2%	$485.15M-4.0%	$510.76M-2.1%	$518.17M-0.9%	$503.88M+7.8%
Contract liabilities	——	$139.02M+1.8%	——	——	——
Income taxes payable	——	$136.78M-15.6%	——	——	——
Accrued interest	——	$57.03M+0.8%	——	——	——
Derivative liabilities	$285.92M-22.5%	$631.66M+18.9%	$720.06M-3.4%	$569.3M+7.4%	$369.13M-37.6%
Long-term debt	$1.69B+0.1%	$1.69B+0.1%	$1.69B-8.9%	$1.69B-8.8%	$1.69B-8.8%
Operating Lease Liabilities (Total)	$472.58M-6.2%	$485.15M-4.0%	$510.76M-2.1%	$518.17M-0.9%	$503.88M+7.8%
Asset retirement obligations	——	$6.71M+26.7%	——	——	——
Other non-current liabilities	$552.46M-14.7%	$651.4M-4.5%	$569.34M-7.3%	$548.68M+2.2%	$647.51M+11.3%
Total liabilities	$3.29B-6.1%	$3.95B-1.9%	$3.68B-9.3%	$3.62B-7.9%	$3.5B-13.6%
Preferred stock	$0—	$0—	$0—	$0—	$0—
Common stock	500M0.0%	500M0.0%	500M0.0%	500M0.0%	500M0.0%
Additional paid-in capital	$106.49M-19.1%	$306.43M-6.5%	$293.01M+3.1%	$225.06M+3.0%	$131.7M-2.1%
Retained earnings	$1.56B+5.5%	$1.52B+3.1%	$1.49B+3.9%	$1.48B+6.9%	$1.48B+6.7%
Accumulated other comprehensive income (loss)	-$276.68M+9.8%	-$271.51M+16.9%	-$272.95M-0.4%	-$268.9M+12.2%	-$306.77M-0.9%
Treasury stock	$508.91M—	$684.41M-18.3%	——	——	——
Redeemable noncontrolling interests	$81.43M-2.8%	$78.38M-1.6%	$78.52M-7.0%	$83.58M+3.3%	$83.81M-5.3%
Noncontrolling interests	-$8.84M-119%	$37.1M-24.2%	$37.1M-33.4%	$44.88M-19.2%	$45.53M-18.4%
Total stockholders' equity	$881.3M+46.1%	$869.19M+36.6%	$841.52M+34.8%	$741.6M+61.7%	$603.03M+53.6%
Total liabilities and stockholders' equity	$4.24B+0.2%	$4.94B+3.0%	$4.63B-3.9%	$4.49B-0.7%	$4.23B-7.7%
Allowance for Doubtful Accounts	$22.24M-15.6%	$22.88M-28.6%	$27.89M+2.4%	$26.55M-10.6%	$26.34M-12.5%
Allowance for Doubtful Accounts Receivable (Current)	$22.24M-15.6%	$22.88M-28.6%	$27.89M+2.4%	$26.55M-10.6%	$26.34M-12.5%
Total Cash, Cash Equivalents, and Restricted Cash (Inclusive)	$1.23B+2.2%	$1.67B+3.8%	$1.42B-6.0%	$1.25B+15.1%	$1.21B+0.3%
Derivative Assets - Fair Value	$6.79M+264%	$925K-78.8%	$923K-64.9%	$606K-88.1%	$1.87M-46.5%
Alternative Investments Fair Value	$71.43M-19.9%	$94.35M+2.9%	$90.77M-4.1%	$94.83M-0.3%	$89.13M-5.5%
Deferred Tax Assets and Other Non-Current Assets	——	$45.92M+10.9%	——	——	——
Equity Method Investments - Fair Value	$8.16M—	——	——	——	——
Goodwill and Intangible Assets, Net	$394.59M+0.1%	$395.26M+0.4%	$395.25M+0.2%	$395.23M+0.3%	$394.1M0.0%
Net Investment in Lease	$402.5M-6.5%	$412.58M-5.1%	$437.01M-3.0%	$443.39M-1.8%	$430.5M+10.4%
Income earned not collected	$574M+8.0%	$706.22M+10.2%	$613.71M+15.9%	$578.54M+4.3%	$531.5M+15.6%
Deferred tax assets	$463.53M-6.7%	$449.53M-6.3%	$473.88M-10.0%	$492.25M-3.0%	$496.85M-1.8%
Goodwill and intangible assets, net	$394.59M+0.1%	$395.26M+0.4%	$395.25M+0.2%	$395.23M+0.3%	$394.1M0.0%
Investments	$516.56M+2.0%	$625.85M+1.8%	$623.71M-9.4%	$637.47M-7.3%	$506.5M-18.4%
Operating lease right-of-use assets	$402.5M-6.5%	$412.58M-5.1%	$437.01M-3.0%	$443.39M-1.8%	$430.5M+10.4%
Other Assets	$295.12M-14.5%	$316.69M-8.9%	$333.06M-17.9%	$345.7M-24.2%	$345.14M-30.1%
Property, plant and equipment at cost	$450.79M-12.1%	$454.24M-7.9%	$500.82M+1.9%	$535.7M-16.9%	$512.65M-20.8%
Operating Lease Right-of-Use Assets in Other Assets	$402.5M-6.5%	$412.58M-5.1%	$437.01M-3.0%	$443.39M-1.8%	$430.5M+10.4%
Other Investments	$71.43M-19.9%	$94.35M+2.9%	$90.77M-4.1%	$94.83M-0.3%	$89.13M-5.5%
Tax Credit Carryforward Valuation Allowance	——	$112.63M+25.6%	——	——	——
Derivative Liabilities - Fair Value	$114.54M-33.4%	$189.36M-30.7%	$190.61M-34.5%	$189.25M-30.8%	$172.05M-39.7%
Lease Liability Payments - Remainder of Fiscal Year	——	$80.67M+4.1%	——	——	——
Debt - Unamortized Discount (Premium) and Issuance Costs, Net	$11.19M-8.0%	$11.91M-8.0%	$12.72M+10.6%	$11.37M-6.8%	$12.16M-5.8%
Accrued taxes and other expenses	——	$222.68M+4.0%	——	——	——
Total debt	$2.16B-1.4%	$2.17B-0.9%	$2.2B-7.4%	$2.21B-7.1%	$2.19B-5.5%
Total Carrying Value of Debt	$1.7B0.0%	$1.7B0.0%	$1.7B-8.8%	$1.7B-8.8%	$1.7B-8.8%
Unrecognized Tax Benefits	——	$64.69M-5.7%	——	——	——
Unrecognized Tax Benefits - Impacting Effective Tax Rate	——	$68.47M-6.5%	——	——	——
Unrecognized Tax Benefits - Income Tax Penalties and Interest Accrued	——	$20.82M+2.3%	——	——	——
Common Stock Par Value Per Share	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%
Common Stock Shares Issued	111.7M-1.0%	111.7M-0.9%	112.7M0.0%	112.8M0.0%	112.8M0.0%
Convertible Preferred Stock Authorized Shares	15M0.0%	15M0.0%	15M0.0%	15M0.0%	15M0.0%
Convertible Preferred Stock Issued Shares	0—	0—	0—	0—	0—
Convertible Preferred Stock Outstanding Shares	0—	0—	0—	0—	0—
Additional paid-in capital	$106.49M-19.1%	$306.43M-6.5%	$293.01M+3.1%	$225.06M+3.0%	$131.7M-2.1%
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively	$1.12M-1.0%	$1.12M-1.0%	$1.13M-0.1%	$1.13M0.0%	$1.13M0.0%
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding	$0—	$0—	$0—	$0—	$0—
Preferred Stock Par Value Per Share	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%
Share Repurchase Authorization Limit	$107.3M-34.5%	$108.99M-45.5%	$158.99M-55.4%	$160.07M+0.5%	$163.84M-8.0%
Share Repurchase Program - Amount Remaining	$107.3M-34.5%	$108.99M-45.5%	$158.99M-55.4%	$160.07M+0.5%	$163.84M-8.0%
Cumulative Cost Basis	$450.79M-12.1%	$454.24M-7.9%	$500.82M+1.9%	$535.7M-16.9%	$512.65M-20.8%
Fair Value Measurement Disclosure	$137.65M-20.3%	$228.58M-21.0%	$230.3M-25.8%	$215.07M-24.0%	$172.65M-41.4%
Gross Assets/Liabilities	$137.65M-20.3%	$228.58M-21.0%	$230.3M-25.8%	$215.07M-24.0%	$172.65M-41.4%
Accounts Receivable, after Allowance for Credit Loss	$773.79M+13.3%	$897.79M+19.1%	$774.68M+13.6%	$754.8M+4.0%	$683M-9.0%
Employee benefit-related liabilities	——	$42.22M-15.4%	——	——	——
Other advances and prepayments	——	$105.36M-6.7%	——	——	——
Accounts Receivable, Allowance for Credit Loss	$22.24M-15.6%	$22.88M-28.6%	$27.89M+2.4%	$26.55M-10.6%	$26.34M-12.5%
Amount of certain net operating loss tax carryforwards	——	$165M+9.3%	——	——	——
Asset Retirement Obligation	——	$6.71M+26.7%	——	——	——
Cash and cash equivalents, end of period	$1.23B+2.2%	$1.67B+3.8%	$1.42B-6.0%	$1.25B+15.1%	$1.21B+0.3%
Common stock, par value (in dollars per share)	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%
Common stock, shares authorized (in shares)	$500M0.0%	$500M0.0%	$500M0.0%	$500M0.0%	$500M0.0%
Common stock, shares issued (in shares)	$111.69M-1.0%	$111.73M-0.9%	$112.75M0.0%	$112.77M0.0%	$112.77M0.0%
Contract with Customer, Liability	——	$139.02M+1.8%	——	——	——
Long-term debt, gross	$1.7B0.0%	$1.7B0.0%	$1.7B-8.8%	$1.7B-8.8%	$1.7B-8.8%
Deferred Tax Liabilities, Gross	——	$119.76M+10.2%	——	——	——
Deferred income taxes	$1.12M+4.2%	$1.37M+26.2%	$959K-55.9%	$644K-83.7%	$1.08M-50.5%
Disallowed business interest expense carryforward	——	$57.03M+0.8%	——	——	——
Deferred Tax Assets, Gross	——	$690.1M+2.0%	——	——	——
Deferred Tax Assets, Net	——	$457.72M-4.3%	——	——	——
Deferred Tax Assets, Net of Valuation Allowance	——	$577.47M-1.7%	——	——	——
Net operating loss and tax credit carryforwards	——	$270.26M+4.3%	——	——	——
Fixed assets	——	$22.78M-32.6%	——	——	——
Compensation and benefits	——	$219.07M+3.5%	——	——	——
Deferred Tax Assets, Valuation Allowance	——	$112.63M+25.6%	——	——	——
Deferred Tax Liabilities Goodwill And Intangible Assets Goodwill	——	$48.15M+4.1%	——	——	——
Deferred Tax Liabilities, Other	——	$30M+30.9%	——	——	——
Compensation and benefits	——	$31.13M-1.1%	——	——	——
Deferred Tax Liabilities, Property, Plant and Equipment	——	$10.47M+30.1%	——	——	——
Less: Fair value of plan assets at end of period	——	$469.33M+6.9%	——	——	——
Deposits and other customer payables	$357.71M+6.7%	$330.85M+7.3%	$346.9M0.0%	$400.33M+4.8%	$335.38M-37.5%
Deposits with banks and short-term investments	$207.21M-21.8%	$167.13M-37.8%	$217.61M-30.5%	$237.14M+16.4%	$264.94M+6.9%
Derivative Asset Notional Amount	$277.32M+54.3%	$219.81M-39.1%	$127.1M-31.8%	$153.07M-50.3%	$179.7M+12.6%
Derivative Asset, Security Purchased under Agreement to Resell, and Security Borrowed, Subject to Master Netting Arrangement, Collateral, Obligation to Return Cash/Security Not Offset	$0—	$0—	——	——	——
Derivative, gross, assets	$6.79M+264%	$925K-78.8%	$923K-64.9%	$606K-88.1%	$1.87M-46.5%
Derivative Fair Value Of Derivative Asset Amount After Offset Against Counterparty And Cash Collateral Netting	——	$453K-88.0%	——	——	——
Derivative Asset, Including Not Subject to Master Netting Arrangement, after Offset and Deduction	$5.18M+305%	$453K-88.0%	$523K-69.4%	$88K-98.2%	$1.28M-60.7%
Derivatives, gross, liabilities	$137.65M-20.3%	$228.58M-21.0%	$230.3M-25.8%	$215.07M-24.0%	$172.65M-41.4%
Derivative Fair Value Of Derivative Liability Amount After Offset Against Counterparty And Cash Collateral Netting	——	$218.94M-20.2%	——	——	——
Derivative Liability, Including Not Subject to Master Netting Arrangement, after Offset and Deduction	$114.54M-33.4%	$189.36M-30.7%	$190.61M-34.5%	$189.25M-30.8%	$172.05M-39.7%
Derivative Liability Notional Amount	$285.92M-22.5%	$631.66M+18.9%	$720.06M-3.4%	$569.3M+7.4%	$369.13M-37.6%
Derivative Liability, Security Sold under Agreement to Repurchase, and Security Loaned, Subject to Master Netting Arrangement, Collateral, Right to Reclaim Cash/Security Not Offset	$21.5M—	$29.58M+2,513%	——	——	——
Equity funds that are invested in funds managed by the company	——	$43.36M-2.3%	——	——	——
Equity method investments (Note 11)	$26.48M+50.6%	$18.75M+11.0%	$18.63M+3.9%	$18.49M—	$17.58M—
Equity Method Investments Fair Value Disclosure	$8.16M—	——	——	——	——
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value	$934K+7.9%	$965K+14.2%	$975K+5.3%	$986K+12.7%	$866K+16.7%
Financing receivables	$120.95M-0.3%	$152.23M+16.5%	$129.44M+11.3%	$108.98M-11.5%	$121.31M+22.7%
Finite-Lived Intangible Assets, Accumulated Amortization	$67.71M0.0%	$67.71M0.0%	$67.71M0.0%	$67.71M0.0%	$67.71M0.0%
Basis adjustments	——	$75.04M+1.1%	——	——	——
Gross Deferred Tax Assets Pertaining To Net Operating Loss And Tax Credit Carryforwards	——	$270.26M+4.3%	——	——	——
Current income and other tax receivables	——	$52.88M+13.3%	——	——	——
Indefinite-lived net operating loss carryforwards	——	$90M-1.1%	——	——	——
Investments, at fair value	$490.08M+0.2%	$607.09M+1.5%	$605.08M-9.8%	$618.99M-10.0%	$488.92M-21.2%
Number of leases	2—	2—	——	——	——
Fair value of long-term debt	$1.71B+0.6%	$1.74B+3.3%	$1.73B-7.7%	$1.72B-5.9%	$1.7B-6.5%
Noncontrolling interests in subsidiaries	-$8.84M-119%	$37.1M-24.2%	$37.1M-33.4%	$44.88M-19.2%	$45.53M-18.4%
Other Assets, Miscellaneous	——	$95.34M+1.8%	——	——	——
Carrying amount	$513.79M+10.4%	$603.11M+11.7%	$515.56M+9.2%	$528.46M+3.5%	$465.31M-18.3%
Other	——	$49.42M+106%	——	——	——
Preferred Stock, Par or Stated Value Per Share	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%
Preferred Stock, Shares Authorized	$15M0.0%	$15M0.0%	$15M0.0%	$15M0.0%	$15M0.0%
Preferred Stock, Shares Issued	$0—	$0—	$0—	$0—	$0—
Preferred Stock, Shares Outstanding	$0—	$0—	$0—	$0—	$0—
Prepaid compensation asset	$67.37M-5.4%	$33.5M-35.6%	$39.05M-45.4%	$54.21M-42.2%	$71.25M-41.7%
Prepaid compensation	——	$58.01M-38.5%	——	——	——
Customers and other	$199.78M+31.9%	$191.57M+69.4%	$160.97M+5.4%	$176.26M+3.1%	$151.51M-47.9%
Redeemable noncontrolling interests in subsidiaries	$81.43M-2.8%	$78.38M-1.6%	$78.52M-7.0%	$83.58M+3.3%	$83.81M-5.3%
Share Repurchase Program, Remaining Authorized, Amount	$107.3M-34.5%	$108.99M-45.5%	$158.99M-55.4%	$160.07M+0.5%	$163.84M-8.0%
Stockholders Equity Before Common Stock Held In Treasury And Noncontrolling Interests	$1.39B—	$1.55B+5.4%	——	——	——
Treasury stock, shares (in shares)	$13.25M—	$17.82M-20.7%	——	——	——
Unclaimed funds at LFB	——	$791K-94.9%	——	——	——
Unrecognized tax benefits	——	$64.69M-5.7%	——	——	——
Reversal of interest and penalties	——	$7.39M+31.1%	——	——	——
Amount that if recognized, would affect the effective tax rate or regulatory liability	——	$68.47M-6.5%	——	——	——
Unrecorded Unconditional Purchase Obligation	$108M—	$110M+20.9%	——	——	——
Unrecorded Unconditional Purchase Obligation	$108M—	$110M+20.9%	——	——	——

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Questions, answered.

What are Lazard's total assets?: Lazard (LAZ) holds $4.2B in total assets, up 0.2% year over year.
How much debt does Lazard have?: Lazard carries $2.2B in total debt against $881.3M of shareholders' equity, a debt-to-equity ratio of 2.45.
How much cash does Lazard have?: Lazard holds $1.0B in cash and equivalents.
Where does Lazard's balance sheet data come from?: Every line is extracted from Lazard's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.