Lazard's earnings are highly dependent on advisory fees, which constitute 99.1% of revenue but declined 27.8% YoY in Q2 2026, reflecting a cyclical downturn in M&A activity. The company's profitability is strained, with an efficiency ratio of 92.8% and EPS of ...
Price trend, volume and key moving averages
Trailing total returns as of 9/23/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Jul 23, 2026 | $0.12-64.5% vs $0.34 | $786M+6.8% vs $736M |
Q2 2026 May 1, 2026 | $0.42-19.2% vs $0.52 | $673M-4.9% vs $707M |
Q1 2026 Jan 29, 2026 | $0.80+17.6% vs $0.68 | $907M+10.3% vs $822M |
Q4 2025 Oct 23, 2025 | $0.56+26.0% vs $0.44 | $782M+7.7% vs $726M |
NEW YORK, Sept. 22, 2026 /PRNewswire/ -- Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) is confirming today, pursuant to its Managed Distribution Policy, as previously authorized by its Board of Directors, a monthly distribution of $0.15340 per share on the Fund's outstanding common stock.
Lazard faces a cyclical M&A downturn, with Financial Advisory revenues down 9% YoY in Q2 2026. Asset Management delivered strong growth, with H1 2026 net inflows of $7.4B and a 15% YoY AuM increase, offsetting advisory weakness. Profitability is under pressure: Q2 2026 net income plunged 91% YoY as costs outpaced modest revenue growth.
NEW YORK, Sept. 21, 2026 /PRNewswire/ -- Lazard, Inc. (NYSE: LAZ) announced today that Matt Spence joined the firm as Head of Defense Technology and Emerging Technology in the Technology Group, based in San Francisco.
Lazard, Inc. LAZ reported preliminary assets under management (AUM) of $290.3 billion as of Aug. 31, 2026, reflecting a 1.2% increase from July 31, 2026. The increase was primarily driven by $3.7 billion in market appreciation and $1.5 billion in foreign exchange appreciation, partly offset by $1.8 billion in net outflows.
Benchmark LAZ against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Lazard Inc (LAZ)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $36.60 | $3.57B | 16.87 | 3.36% | 7.43% | 27.01% | 4.79% | |
| $263.20 | $10.18B | 18.73 | 29.41% | 15.74% | 45.81% | — | |
| $150.23 | $3.88B | 22.49 | 14.77% | 10.58% | 20.72% | — | |
| $58.88 | $4.36B | 20.03 | 26.98% | 14.5% | 35.63% | — | |
| $130.97 | $9.15B | 21.06 | 9.55% | 16.1% | 17.36% | — | |
| $13.34 | $1.35B | 24.25 | -14.48% | 3.22% | 9.31% | — |
Lazard Inc (LAZ) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Lazard Inc (LAZ) SEC filings — annual & quarterly reports (10-K, 10-Q)
Jul 23, 2026·SEC
Jul 7, 2026·SEC
May 22, 2026·SEC
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Lazard Inc (LAZ) stock FAQ — growth, dividends, profitability & financials explained
Lazard Inc (LAZ) grew revenue by 3.4% over the past year. Growth has been modest.
Yes, Lazard Inc (LAZ) is profitable, generating $226.8M in net income for fiscal year 2025 (7.4% net margin).
Yes, Lazard Inc (LAZ) pays a dividend with a yield of 4.79%. This makes it attractive for income-focused investors.
Lazard Inc (LAZ) has a return on equity (ROE) of 27.0%. This is excellent, indicating efficient use of shareholder capital.
Lazard Inc (LAZ) has a net interest margin (NIM) of -1.0%. NIM has been under pressure due to interest rate environment.
Lazard Inc (LAZ) has an efficiency ratio of 18.8%. This is excellent, indicating strong cost control.
