Skip to content

Lazard LAZ Fund administration and outsourced services

Fund administration and outsourced services at other companies

Blackrock logo
BlackrockBLK
$481M+22.7%
Blackstone Secured Lending Fund logo
Blackstone Secured Lending FundBXSL
$1.13M+16.5%
GATX logo
GATXGATX
$1.5M+7.1%
Voya Financial logo
Voya FinancialVOYA
$192M+1.1%
Blue Owl Technology Finance Corp. logo
Blue Owl Technology Finance Corp.OTF
$53.91M+240%
Blackstone Secured Lending Fund logo
Blackstone Secured Lending FundBXSL
$36.37M+6.0%

Other financials

Income statement

See full
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

See full
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

See full
Operating cash flow-$219.3M-0.8%
CapEx$2.2M-84.2%
Free cash flow-$221.5M+4.3%

Valuation

See full
Market cap$4.36B+2.5%
Enterprise value$5.5B-0.9%
P/E15.7×+1.7×
P/S1.4×-0.1×

Profitability

See full
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 laz:FundAdministrationAndOutsourcedServicesExpense.

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

Ask your AI about Lazard's fund administration and outsourced services.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Lazard's fund administration and outsourced services?
Lazard (LAZ) reported fund administration and outsourced services of $33.52M in Q1 2026.
How has Lazard's fund administration and outsourced services changed year-over-year?
Lazard's fund administration and outsourced services increased by 26.3% year-over-year, from $26.55M to $33.52M.
What is the long-term trend for Lazard's fund administration and outsourced services?
Over 4 years (2021 to 2025), Lazard's fund administration and outsourced services has grown at a -1.7% compound annual growth rate (CAGR), from $130.5M to $122.07M.
What does fund administration and outsourced services mean?
This metric captures the costs associated with third-party services utilized to manage fund accounting, regulatory reporting, and back-office operational tasks. It represents the firm's reliance on external partners to maintain fund compliance and administrative accuracy for its asset management clients. Tracking these costs provides insight into the scalability of the asset management platform and the cost-benefit of outsourcing versus internalizing administrative functions.