Lazard (LAZ) EBIT Margin (2009 - 2026)
Lazard (LAZ) reported EBIT Margin of 4.53% for Q2 2026, down 6.86 percentage points from 11.39% a year earlier and down 6.96 percentage points from the prior quarter.
Lazard (LAZ) EBIT Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Lazard's EBIT Margin came in at 9.28%, down 4.00 percentage points year-over-year; for FY2025, it was 10.28%, down 2.03 percentage points from FY2024.
- EBIT Margin has a five-year change of -8.69 percentage points (FY2020 to FY2025).
- By year, EBIT Margin came in at 12.31% in FY2024 (+15.39 pp), -3.08% in FY2023 (-21.19 pp), 18.10% in FY2022 (-4.01 pp) and 22.11% in FY2021 (+3.14 pp).
- The Q2 2026 figure ranks as the lowest quarterly EBIT Margin since Q3 2023.
- Year over year, EBIT Margin gained in five of the last eight quarters, with an average year-over-year change of +1.72 percentage points.
- The high point for year-over-year EBIT Margin in five years was Q2 2024 (a gain of 25.61 percentage points); the low point was Q2 2023 (a drop of 35.67 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 11.49% (Q1 2026), 9.14% (Q4 2025) and 12.32% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 107.98 Bn | 96.08 Bn | - | 64.89% |
| 2 | Intercontinental Exchange | 90.06 Bn | 83.79 Bn | - | 38.52% |
| 3 | Robinhood Markets | 87.19 Bn | 68.23 Bn | - | 66.36% |
| 4 | Nasdaq | 53.58 Bn | 51.01 Bn | 1.50 Bn | 28.12% |
| 5 | Interactive Brokers | 36.76 Bn | 13.87 Bn | - | 138.98% |
| 6 | Cboe Global Markets | 32.90 Bn | 24.56 Bn | 731.60 Mn | 32.99% |
| 7 | LPL Financial Holdings | 25.65 Bn | 20.96 Bn | - | 11.90% |
| 8 | Tradeweb Markets | 25.05 Bn | 17.07 Bn | - | 43.88% |
| 9 | Circle Internet | 20.63 Bn | 14.51 Bn | 288.85 Mn | 4.90% |
| 10 | Lazard | 3.73 Bn | -1.04 Bn | - | 4.53% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.53% |
| Mar 31, 2026 | 11.49% |
| Dec 31, 2025 | 9.14% |
| Sep 30, 2025 | 12.32% |
| Jun 30, 2025 | 11.39% |
| Mar 31, 2025 | 8.16% |
| Dec 31, 2024 | 12.76% |
| Sep 30, 2024 | 19.96% |
| Jun 30, 2024 | 8.99% |
| Mar 31, 2024 | 6.95% |
| Dec 31, 2023 | 8.71% |
| Sep 30, 2023 | -0.89% |
| Jun 30, 2023 | -16.62% |
| Mar 31, 2023 | -6.57% |
| Dec 31, 2022 | 9.99% |
| Sep 30, 2022 | 21.19% |
| Jun 30, 2022 | 19.05% |
| Mar 31, 2022 | 22.30% |
| Dec 31, 2021 | 26.49% |
| Sep 30, 2021 | 21.00% |
Lazard EBIT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit-margin&ticker=LAZ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "ticker": "LAZ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebit-margin&ticker=LAZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();