What is Lazard's redeemable NCI?

Lazard (LAZ) reported redeemable NCI of $81.43M in Q1 2026.

How has Lazard's redeemable NCI changed year-over-year?

Lazard's redeemable NCI decreased by 2.8% year-over-year, from $83.81M to $81.43M.

What is the long-term trend for Lazard's redeemable NCI?

Over 4 years (2021 to 2025), Lazard's redeemable NCI has grown at a -39.2% compound annual growth rate (CAGR), from $575M to $78.38M.

What does redeemable NCI mean?

Minority interests in subsidiaries that include a put option allowing the minority holder to require the parent to repurchase their stake.

Lazard LAZ Redeemable NCI

Redeemable NCI at other companies

Jefferies Financial GroupJEF

$406K0.0%

Equitable HoldingsEQH

$390M+34.9%

Affiliated Managers GroupAMG

$264M-27.9%

Janus Henderson GroupJHG

$381.2M-28.8%

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 us-gaap:RedeemableNoncontrollingInterestEquityCarryingAmount.

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

Ask your AI about Lazard's redeemable nci.

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

Connect your AI

Claude

Questions, answered.

What is Lazard's redeemable NCI?: Lazard (LAZ) reported redeemable NCI of $81.43M in Q1 2026.
How has Lazard's redeemable NCI changed year-over-year?: Lazard's redeemable NCI decreased by 2.8% year-over-year, from $83.81M to $81.43M.
What is the long-term trend for Lazard's redeemable NCI?: Over 4 years (2021 to 2025), Lazard's redeemable NCI has grown at a -39.2% compound annual growth rate (CAGR), from $575M to $78.38M.
What does redeemable NCI mean?: Minority interests in subsidiaries that include a put option allowing the minority holder to require the parent to repurchase their stake.