What is Lazard's D&A?

Lazard (LAZ) reported D&A of $7.82M in Q1 2026.

How has Lazard's D&A changed year-over-year?

Lazard's D&A decreased by 7.4% year-over-year, from $8.44M to $7.82M.

What is the long-term trend for Lazard's D&A?

Over 4 years (2021 to 2025), Lazard's D&A has grown at a -2.8% compound annual growth rate (CAGR), from $38.32M to $34.19M.

Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.

Lazard LAZ D&A

D&A at other companies

Goldman Sachs GroupGS

$495M-2.2%

Morgan StanleyMS

$714M-17.5%

Houlihan LokeyHLI

$8.04M-47.8%

EvercoreEVR

$13.71M+434%

Moelis & CompanyMC

$3.49M+25.7%

PJT PartnersPJT

$3.95M+22.9%

Other financials

Income statement

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Revenue$756.6M+16.7%

Operating income$89.6M+63.9%

Net income$100.9M+67.1%

EPS (diluted)$0.91+62.5%

Balance sheet

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Cash & equivalents$1.0B+12.3%

Total debt$2.2B-1.4%

Total equity$881.3M+46.1%

Total assets$4.2B+0.2%

Cash flow

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Operating cash flow-$219.3M-0.8%

CapEx$2.2M-84.2%

Free cash flow-$221.5M+4.3%

Valuation

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Market cap$4.36B+2.5%

Enterprise value$5.5B-0.9%

P/E15.7×+1.7×

P/S1.4×-0.1×

Profitability

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Operating margin11.3%-1.9pp

Net margin8.6%-1.7pp

FCF margin15.5%-3.7pp

Returns & leverage

See full

Return on equity37.4%-23.8pp

Debt / equity2.5×-1.2×

Where this comes from

Reported directly by Lazard in its filing.

Tagged under the XBRL concept us-gaap:DepreciationDepletionAndAmortization.

The official record: Lazard’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lazard's D&A?: Lazard (LAZ) reported D&A of $7.82M in Q1 2026.
How has Lazard's D&A changed year-over-year?: Lazard's D&A decreased by 7.4% year-over-year, from $8.44M to $7.82M.
What is the long-term trend for Lazard's D&A?: Over 4 years (2021 to 2025), Lazard's D&A has grown at a -2.8% compound annual growth rate (CAGR), from $38.32M to $34.19M.
What does D&A mean?: Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.