Lazard (LAZ) Debt Ratio (2010 - 2026)
Lazard's (LAZ) quarterly Debt Ratio came in at 0.39 in Q2 2026, up 3.0% year-over-year from 0.38 in Q2 2025, and down 2.8% quarter-over-quarter from 0.4 in Q1 2026.
Analysis
Lazard (LAZ) Debt Ratio (2010 - 2026) Analysis & Trends
Lazard has disclosed Debt Ratio across 17 years of filings, most recently posting 0.39 for Q2 2026.
- In Q2 2026, Debt Ratio rose 3.0% year-over-year to 0.39; the TTM figure through Jun 2026 stood at 0.39 (up 3.0% YoY), while the FY2025 annual figure was 0.34, down 2.82% from the prior year.
- Debt Ratio came in at 0.39 for Q2 2026 at Lazard, down from 0.4 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.41 in Q2 2024 to a low of 0.25 in Q1 2022.
- Average Debt Ratio over 5 years is 0.35, with a median of 0.37 recorded in 2023.
- Year-over-year, Debt Ratio slipped 9.19% in 2022 and surged 50.16% in 2023.
- Over 5 years, Debt Ratio stood at 0.29 in 2022, then grew by 26.43% to 0.36 in 2023, then dropped by 3.48% to 0.35 in 2024, then fell by 2.82% to 0.34 in 2025, then grew by 13.19% to 0.39 in 2026.
- Per Business Quant data, the three most recent Debt Ratio figures were 0.39 in Q2 2026, 0.4 in Q1 2026, and 0.34 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Evercore | 11.52 Bn | 9.43 Bn | 975.67 Mn | 0.11 |
| 2 | Jefferies Financial | 11.24 Bn | -4.17 Bn | 3.09 Bn | 0.29 |
| 3 | Houlihan Lokey | 9.53 Bn | 8.45 Bn | - | - |
| 4 | Cluster Group Holdings | 8.00 Bn | 8.00 Bn | - | - |
| 5 | PJT Partners | 6.94 Bn | 6.99 Bn | 481.98 Mn | - |
| 6 | Moelis | 6.06 Bn | 5.99 Bn | - | - |
| 7 | Piper Sandler Companies | 5.20 Bn | 5.09 Bn | - | 0.01 |
| 8 | Lazard | 4.97 Bn | 3.99 Bn | - | 0.39 |
| 9 | BRBI BR Partners | 3.49 Bn | 3.38 Bn | 16.77 Mn | 0.64 |
| 10 | Perella Weinberg Partners | 1.81 Bn | 2.01 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.39 |
| Mar 31, 2026 | 0.40 |
| Dec 31, 2025 | 0.34 |
| Sep 30, 2025 | 0.36 |
| Jun 30, 2025 | 0.38 |
| Mar 31, 2025 | 0.40 |
| Dec 31, 2024 | 0.35 |
| Sep 30, 2024 | 0.38 |
| Jun 30, 2024 | 0.41 |
| Mar 31, 2024 | 0.40 |
| Dec 31, 2023 | 0.36 |
| Sep 30, 2023 | 0.39 |
| Jun 30, 2023 | 0.37 |
| Mar 31, 2023 | 0.37 |
| Dec 31, 2022 | 0.29 |
| Sep 30, 2022 | 0.27 |
| Jun 30, 2022 | 0.25 |
| Mar 31, 2022 | 0.25 |
| Dec 31, 2021 | 0.24 |
| Sep 30, 2021 | 0.25 |