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Lazard LAZ PP&E (Net)

PP&E (Net) at other companies

Houlihan Lokey logo
Houlihan LokeyHLI
$142.88M-4.3%
Evercore logo
EvercoreEVR
$189.45M+3.6%
Moelis & Company logo
Moelis & CompanyMC
$99.08M+50.6%
PJT Partners logo
PJT PartnersPJT
$66.35M+194%
Perella Weinberg Partners logo
Perella Weinberg PartnersPWP
$74.71M-9.2%
Blackrock logo
BlackrockBLK
$1.31B+12.6%

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:PropertyPlantAndEquipmentNet.

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
Customers and other186,395191,566
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

Item 1. Financial Statements (Unaudited)

FAQ

What is Lazard's PP&E (net)?
Lazard (LAZ) reported PP&E (net) of $152.66M in Q2 2026.
How has Lazard's PP&E (net) changed year-over-year?
Lazard's PP&E (net) decreased by 13.4% year-over-year, from $176.24M to $152.66M.
What is the long-term trend for Lazard's PP&E (net)?
Over 5 years (2020 to 2025), Lazard's PP&E (net) has grown at a -8.2% compound annual growth rate (CAGR), from $257.59M to $168.01M.
What does PP&E (net) mean?
Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

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