Lazard, Inc.
Company Stats
- Market Cap
- $4.0B
- as of Sep 30, 2026
- Enterprise Value
- $4.2B
- Shares Outstanding
- 110.5M
- Free Float
- 99.0%
Income Statement
- Revenue
- $3.2B
- Operating Income
- $327.6M
- Net Income
- $236.8M
- EBITDA
- $361.8M
- Revenue Growth, 3Y
- 3.7%
- FCF Margin, 3Y Avg
- 14.3%
- FCF Margin, Worst Year
- 5.3%
Cash Flow
- Free Cash Flow
- $487.4M
- FCF Yield
- 12.2%
- Owner FCF Yield
- 3.2%
Balance Sheet
- Cash & Equivalents
- $1.5B
- Total Debt
- $1.7B
- Net Debt
- $230.6M
- Net Debt / EBITDA
- 0.64x
- EV / EBITDA
- 11.71x
- Net Debt / EBIT
- 0.70x
Returns & Capital
- Dividends Paid
- $186.6M
- Dividend Yield
- 4.7%
- Share Repurchases
- $91.0M
- Buyback Yield, 3Y Avg
- 2.1%
- SBC, 3Y Avg
- $296.0M
Cash Flow by Year
| Year | Revenue | FCF | Margin |
|---|---|---|---|
| FY2025 | $3.2B | $487.4M | 15.3% |
| FY2024 | $3.1B | $697.3M | 22.2% |
| FY2023 | $2.6B | $136.4M | 5.3% |
| FY2022 | $2.9B | $784.5M | 27.5% |
| FY2021 | $3.3B | $826.4M | 25.2% |
Annual filing data through FY ended December 31, 2025; shares and float as of October 28, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.
Deals Roundup for Week of Nov. 2, 2026
Lazard Completes Campbell Lutyens Acquisition, Launches Lazard CL
Stronger demand supports expansion as pricing diverges