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Lazard LAZ Asset Management — Segment Reporting, Other Segment Item, Amount

Other segment segments

Financial Advisory
$4.85M-18.5%
Corporate
-$3.37M+11.4%

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MATWReportable Segments Total — Segment Reporting, Other Segment Item, Amount
-$15.63M-883%

Other financials

Income statement

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Revenue$807.7M+1.5%
Operating income$37.6M-59.6%
Net income$4.8M-91.3%
EPS (diluted)$0.03-94.2%

Balance sheet

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Cash & equivalents$1.1B+12.4%
Total debt$2.2B-2.4%
Total equity$914.3M+23.3%
Total assets$4.4B-2.9%

Cash flow

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Operating cash flow-$219.3M-0.8%
CapEx$3.9M-66.4%
Free cash flow-$221.5M+4.3%

Valuation

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Market cap$4.22B-13.4%
Enterprise value$5.27B-13.6%
P/E18.6×+2.9×
P/S1.3×-0.3×

Profitability

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Operating margin9.5%-4.1pp
Net margin7%-3.1pp
FCF margin15.5%-3.7pp

Returns & leverage

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Return on equity27.4%-24.3pp
Debt / equity2.4×-0.6×

Where this comes from

Reported directly by Lazard in its filing.

Tagged under the XBRL concept us-gaap:SegmentReportingOtherItemAmount.

The source filing: Lazard’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 4:33 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001311370-26-000022
Line itemFinancial AdvisoryAsset ManagementCorporateTotal
Net Revenue - U.S. GAAP Basis$450,167$351,031$6,471$807,669
Adjusted Compensation and Benefits Expense312,735185,28751,549549,571
Adjusted Non-compensation Expense59,14171,59640,983171,720
Other Segment Items(4,848)(19,723)3,368(21,203)
Adjusted Operating Income (Loss)$73,443$74,425$(82,693)$65,175
Other Segment Disclosures:
Interest income (included in net revenue)$1,243$2,486$3,522$7,251
Depreciation and amortization of property (included in adjusted non-compensation expense)$1,796$1,376$4,194$7,366

Item 1. Financial Statements (Unaudited)

FAQ

What is Lazard's asset management — segment reporting, other segment item, amount?
Lazard (LAZ) reported asset management — segment reporting, other segment item, amount of $19.72M in Q2 2026.
How has Lazard's asset management — segment reporting, other segment item, amount changed year-over-year?
Lazard's asset management — segment reporting, other segment item, amount decreased by 17.8% year-over-year, from $23.99M to $19.72M.
What is the long-term trend for Lazard's asset management — segment reporting, other segment item, amount?
Over 3 years (2022 to 2025), Lazard's asset management — segment reporting, other segment item, amount has grown at a 0.8% compound annual growth rate (CAGR), from $106.26M to $108.96M.
What does asset management — segment reporting, other segment item, amount mean?
Miscellaneous income or expense items specifically attributed to the asset management segment that do not fall into standard operating categories. This provides transparency into non-recurring or unique segment-level financial activities.

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