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Lazard LAZ Operating Lease ROU Assets

Operating Lease ROU Assets at other companies

Houlihan Lokey logo
Houlihan LokeyHLI
$407.45M+12.3%
Evercore logo
EvercoreEVR
4.9%+0.1pp
Moelis & Company logo
Moelis & CompanyMC
4.6%+0.4pp
PJT Partners logo
PJT PartnersPJT
6.9%0.0pp
Perella Weinberg Partners logo
Perella Weinberg PartnersPWP
5.3%+0.5pp
Blackrock logo
BlackrockBLK
4%+1.0pp

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:OperatingLeaseRightOfUseAsset.

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 itemJune 30,2026December 31,2025
765,228897,786
Investments (including $33,770 and $48,966 pledged at June 30, 2026 and December 31, 2025, respectively)540,634625,846
Property (net of accumulated amortization and depreciation of $291,341 and $286,235 at June 30, 2026 and December 31, 2025, respectively)152,658168,005
Operating lease right-of-use assets393,617412,584
Goodwill and other intangible assets (net of accumulated amortization of $67,711 at December 31, 2025)447,556395,262
Deferred tax assets468,830449,531
Other assets293,382316,687
Total Assets$4,364,661$4,936,272

Item 1. Financial Statements (Unaudited)

FAQ

What is Lazard's operating lease ROU assets?
Lazard (LAZ) reported operating lease ROU assets of $393.62M in Q2 2026.
How has Lazard's operating lease ROU assets changed year-over-year?
Lazard's operating lease ROU assets decreased by 11.2% year-over-year, from $443.39M to $393.62M.
What is the long-term trend for Lazard's operating lease ROU assets?
Over 5 years (2020 to 2025), Lazard's operating lease ROU assets has grown at a 3.6% compound annual growth rate (CAGR), from $0.04 to $0.04.
What does operating lease ROU assets mean?
Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.

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