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Lazard LAZ Unrecognized Tax Benefits - Income Tax Penalties and Interest Accrued

Unrecognized Tax Benefits - Income Tax Penalties and Interest Accrued at other companies

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Morgan StanleyMS
$364M+42.7%
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PJT PartnersPJT
$0
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BlackrockBLK
$173M-14.8%
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Piper SandlerPIPR
$600K+20.0%
LPL Financial Holdings logo
LPL Financial HoldingsLPLA
$4.6M+12.2%
Raymond James Financial logo
Raymond James FinancialRJF
$9M-35.7%

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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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:IncomeTaxExaminationPenaltiesAndInterestAccrued.

The official record: Lazard’s 10-K, filed February 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lazard's unrecognized tax benefits - income tax penalties and interest accrued?
Lazard (LAZ) reported unrecognized tax benefits - income tax penalties and interest accrued of $20.82M in Q4 2025.
How has Lazard's unrecognized tax benefits - income tax penalties and interest accrued changed year-over-year?
Lazard's unrecognized tax benefits - income tax penalties and interest accrued increased by 2.3% year-over-year, from $20.35M to $20.82M.
What is the long-term trend for Lazard's unrecognized tax benefits - income tax penalties and interest accrued?
Over 5 years (2020 to 2025), Lazard's unrecognized tax benefits - income tax penalties and interest accrued has grown at a 2.0% compound annual growth rate (CAGR), from $18.88M to $20.82M.
What does unrecognized tax benefits - income tax penalties and interest accrued mean?
This metric tracks the accrued interest and penalties associated with the company's unrecognized tax benefits. It represents the additional cost the company would incur if its uncertain tax positions were disallowed by tax authorities. It serves as a proxy for the financial risk associated with the company's tax strategy.