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Lazard LAZ Amount that if recognized, would affect the effective tax rate or regulatory liability

Amount that if recognized, would affect the effective tax rate or regulatory liability at other companies

Jefferies Financial Group logo
Jefferies Financial GroupJEF
Morgan Stanley logo
Morgan StanleyMS
Evercore logo
EvercoreEVR
Blackrock logo
BlackrockBLK
Piper Sandler logo
Piper SandlerPIPR
LPL Financial Holdings logo
LPL Financial HoldingsLPLA

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

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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:UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate.

The official record: Lazard’s 10-K, filed February 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lazard's amount that if recognized, would affect the effective tax rate or regulatory liability?
Lazard (LAZ) reported amount that if recognized, would affect the effective tax rate or regulatory liability of $68.47M in Q4 2025.
How has Lazard's amount that if recognized, would affect the effective tax rate or regulatory liability changed year-over-year?
Lazard's amount that if recognized, would affect the effective tax rate or regulatory liability decreased by 6.5% year-over-year, from $73.2M to $68.47M.
What is the long-term trend for Lazard's amount that if recognized, would affect the effective tax rate or regulatory liability?
Over 5 years (2020 to 2025), Lazard's amount that if recognized, would affect the effective tax rate or regulatory liability has grown at a -4.5% compound annual growth rate (CAGR), from $86.12M to $68.47M.