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Lazard LAZ Share Buybacks

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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:PaymentsForRepurchaseOfCommonStock.

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 itemSix Months Ended June 30, 2026Six Months Ended June 30, 2025
Payments for:
Distributions to noncontrolling interests(1,873)(112)
Tax receivable agreement obligation(10,237)
Purchase of common stock(51,694)(39,928)
Common stock dividends(96,208)(92,024)
Settlement of share-based incentive compensation in satisfaction of tax withholding requirements(129,439)(103,014)
LFI Consolidated Funds redemptions(24,708)(21,657)
Other financing activities(6,755)(11,456)

Item 1. Financial Statements (Unaudited)

FAQ

What is Lazard's share buybacks?
Lazard (LAZ) reported share buybacks of $50M in Q2 2026.
How has Lazard's share buybacks changed year-over-year?
Lazard's share buybacks increased by 1228.7% year-over-year, from $3.76M to $50M.
What is the long-term trend for Lazard's share buybacks?
Over 4 years (2021 to 2025), Lazard's share buybacks has grown at a -31.2% compound annual growth rate (CAGR), from $406.15M to $91.01M.
What does share buybacks mean?
Cash used to buy back the company's own shares on the open market or through structured programs, reducing shares outstanding.

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