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Lazard LAZ Asset Management — Foreign currency translation adjustments

Other segment segments

Financial Advisory
-$312K-159%

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STTInvestment Management — Foreign currency translation
$0

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$4.16B+2.5%

Profitability

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Operating margin11.3%-1.9pp
Net margin8.6%-1.7pp
FCF margin15.5%-3.7pp

Returns & leverage

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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:GoodwillForeignCurrencyTranslationGainLoss.

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 asset management — foreign currency translation adjustments?
Lazard (LAZ) reported asset management — foreign currency translation adjustments of $0 in Q1 2026.
What does asset management — foreign currency translation adjustments mean?
The impact of fluctuations in foreign exchange rates on the financial results of the asset management segment. This reflects the volatility inherent in managing international assets denominated in currencies other than the reporting currency.