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LAZ

Lazard·NYSE
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LAZ fundamentals

Lazard (LAZ) released its earnings on Oct 23, 2025: revenue was 748.00M (YoY -4.71%), beat estimates; EPS was 0.56 (YoY +47.37%), beat estimates.
Revenue / YoY
748.00M
-4.71%
EPS / YoY
0.56
+47.37%
Report date
Oct 23, 2025
LAZ Earnings Call Summary for Q3,2025
  • Financial Advisory Strength: 14% YoY revenue growth, driven by marquee M&A deals and 20 new MD hires.
  • Asset Management Turnaround: AUM up 17% to $265B, with net inflows $1.6B and 80%+ of new mandates in high-margin strategies.
  • Productivity Gains: Average MD revenue $8.6M (vs. $8.0M in 2024), targeting $10M by 2028 and $12.5M by 2030.
  • Tax Efficiency: Effective tax rate 21.4% vs. 32.5% YoY, reducing cash tax burden.
  • AI & ETF Growth: 6 active ETFs launched in 2025, with plans for global expansion.
  • European Momentum: 50-50 split between M&A and non-M&A in Q3, with strong activity in healthcare and industrials.
EPS
Revenue

Revenue & Expenses

LAZ has released its 2025 Q3 earnings report, with revenue of 770.76M, reflecting a YoY change of -4.54%, and net profit of 73.50M, showing a YoY change of -36.71%. The Sankey diagram below clearly presents LAZ's revenue sources and cost distribution.

Key Indicators

Lazard (LAZ) key financial stats and ratios, covering profitability, financial health, and leverage.
Lazard (LAZ)'s revenue and profit trends over recent years, visualized with a waterfall chart to showcase the revenue-to-profit funnel.
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Lazard (LAZ)'s asset and liability trends over recent years, visualized with a waterfall chart to illustrate changes in its asset-liability structure.
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Lazard (LAZ)'s cash flow trends over recent years, visualized with a waterfall chart to illustrate changes in its operating, investing, and financing cash flows.
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Where does Lazard (LAZ) generate its revenue? Explore its key revenue streams and top earning regions.
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Track Lazard (LAZ) Dividend Yield, Payout Ratio & Sustainability Through Its Dividend History
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