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Lazard LAZ Return on equity

Return on equity at other companies

Jefferies Financial Group logo
Jefferies Financial GroupJEF
6.8%-0.2pp
Goldman Sachs Group logo
Goldman Sachs GroupGS
14.6%+2.4pp
Morgan Stanley logo
Morgan StanleyMS
16.4%+2.5pp
Evercore logo
EvercoreEVR
45.4%+15.7pp
Moelis & Company logo
Moelis & CompanyMC
51.1%+6.8pp
PJT Partners logo
PJT PartnersPJT
88.5%-7.8pp

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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Debt / equity2.5×-1.2×

Where this comes from

Calculated from Lazard’s reported figures.

Based on trailing twelve months.

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

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Questions, answered.

What is Lazard's return on equity?
Lazard (LAZ) reported return on equity of 37.4% in Q1 2026.
How has Lazard's return on equity changed year-over-year?
Lazard's return on equity decreased by 38.9% year-over-year, from 61.2% to 37.4%.
What is the long-term trend for Lazard's return on equity?
Over 4 years (2020 to 2025), Lazard's return on equity has grown at a -12.2% compound annual growth rate (CAGR), from 52.9% to 31.5%.
What does return on equity mean?
Trailing-twelve-month net income divided by average shareholders' equity (average of the start and end of the trailing-twelve-month window). Measures the profit generated on each dollar of shareholder capital.