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Lazard LAZ Retained Earnings

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-$817.29M+1.0%

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:RetainedEarningsAccumulatedDeficit.

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
Common stock:
Par value $0.01 per share (500,000,000 shares authorized; 110,548,172 and 111,728,757 shares issued at June 30, 2026 and December 31, 2025, respectively, including shares held in treasury)1,1051,117
Additional paid-in-capital195,119306,425
Retained earnings1,505,8361,517,571
Accumulated other comprehensive loss, net of tax(278,753)(271,509)
1,423,3071,553,604
Common stock held in treasury, at cost (13,097,600 and 17,822,122 shares at June 30, 2026 and December 31, 2025, respectively)(509,002)(684,411)
Total Lazard Stockholders’ Equity914,305869,193

Item 1. Financial Statements (Unaudited)

FAQ

What is Lazard's retained earnings?
Lazard (LAZ) reported retained earnings of $1.51B in Q2 2026.
How has Lazard's retained earnings changed year-over-year?
Lazard's retained earnings increased by 1.9% year-over-year, from $1.48B to $1.51B.
What is the long-term trend for Lazard's retained earnings?
Over 5 years (2020 to 2025), Lazard's retained earnings has grown at a 2.8% compound annual growth rate (CAGR), from $1.3B to $1.49B.
What does retained earnings mean?
Cumulative net income earned since inception minus all dividends paid — the total profits reinvested in the business over its lifetime.

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