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Lazard LAZ Treasury Stock

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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$4.31B-11.4%
Enterprise value$5.36B-12.0%
P/E19×+3.3×
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:TreasuryStockCommonValue.

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
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
Noncontrolling interests(9,773)37,096
Total Stockholders’ Equity904,532906,289
Total Liabilities, Redeemable Noncontrolling Interests and Stockholders’ Equity$4,364,661$4,936,272

Item 1. Financial Statements (Unaudited)

FAQ

What is Lazard's treasury stock?
Lazard (LAZ) reported treasury stock of $509M in Q2 2026.
What does treasury stock mean?
Shares repurchased by the company and held in treasury, reducing equity. Recorded at cost and presented as a negative equity component.

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