Lazard Ltd (LAZ) Earnings History
Annual and quarterly earnings data from 2004 to 2025
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LAZ EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
LAZ Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 31.8% | 13.0% | 7.4% |
| 2024 | 35.1% | 12.5% | 9.1% |
| 2023 | 23.7% | -3.1% | -3.0% |
| 2022 | 41.4% | 18.3% | 12.7% |
| 2021 | 42.0% | 22.1% | 16.2% |
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Lazard Ltd (LAZ) Earnings Overview
As of May 6, 2026, Lazard Ltd (LAZ) reported trailing twelve-month net income of $237M, reflecting -19.0% year-over-year growth. The company earned $2.20 per diluted share over the past four quarters, with a net profit margin of 7.4%.
Looking at the long-term picture, LAZ's 5-year EPS compound annual growth rate (CAGR) stands at -9.3%, signaling declining earnings. The company achieved its highest annual net income of $986M in fiscal 2015.
Lazard Ltd maintains positive profitability with a gross margin of 31.8%, operating margin of 13.0%, and net margin of 7.4%. The company continues to generate positive earnings from operations. View revenue history →
Compared to peers including EVR ($592M net income, 15.3% margin), PJT ($187M net income, 10.5% margin), MC ($233M net income, 15.4% margin), LAZ has room to improve margins relative to the peer group. Compare LAZ vs EVR →
LAZ Earnings vs Peers
Earnings metrics vs comparable public companies
LAZ Historical Earnings Data (2004–2025)
22 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $237M | -15.4% | $415M | $2.17 | 7.4% | 13.0% |
| 2024 | $280M | +470.8% | $386M | $2.68 | 9.1% | 12.5% |
| 2023 | -$75M | -121.1% | -$80M | $-0.90 | -3.0% | -3.1% |
| 2022 | $358M | -32.3% | $517M | $3.51 | 12.7% | 18.3% |
| 2021 | $528M | +31.2% | $724M | $4.63 | 16.2% | 22.1% |
| 2020 | $402M | +40.5% | $502M | $3.54 | 15.2% | 19.0% |
| 2019 | $287M | -45.6% | $393M | $2.44 | 10.8% | 14.8% |
| 2018 | $527M | +107.9% | $681M | $4.06 | 18.4% | 23.7% |
| 2017 | $254M | -34.6% | $825M | $1.91 | 9.4% | 30.7% |
| 2016 | $388M | -60.7% | $517M | $2.92 | 16.3% | 21.8% |
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Start ComparisonLAZ — Frequently Asked Questions
Quick answers to the most common questions about buying LAZ stock.
Is LAZ growing earnings?
LAZ EPS fell to $2.20, with earnings declining -19.0%. This contrasts with the 5-year CAGR of -9.3%. TTM net income dropped to $237M.
What are LAZ's profit margins?
Lazard Ltd net margin is +7.4%, with operating margin at +13.0%. Margins sit within typical range for the sector.
How consistent are LAZ's earnings?
LAZ earnings data spans 2004-2025. The declining earnings trend is -19.0% YoY. Historical data enables comparison across business cycles.