Lazard LAZ
NYSE LAZ
$45.00 +0.66 (+1.49%)
At close: Sep 4, 2026 · 4:00 PM EDT

Lazard (LAZ) EBITDA (2009 - 2026)

Lazard's (LAZ) quarterly EBITDA came in at $37.6 million in Q2 2026, down 59.6% year-over-year from $93.1 million in Q2 2025, and down 58.02% quarter-over-quarter from $89.6 million in Q1 2026.

Analysis

Lazard (LAZ) EBITDA (2009 - 2026) Analysis & Trends

Lazard has disclosed EBITDA across 18 years of filings, most recently posting $37.6 million for Q2 2026.

  • In Q2 2026, EBITDA fell 59.6% year-over-year to $37.6 million; the TTM figure through Jun 2026 stood at $307.1 million (down 26.19% YoY), while the FY2025 annual figure was $327.6 million, down 15.23% from the prior year.
  • EBITDA came in at $37.6 million for Q2 2026 at Lazard, down from $89.6 million in the prior quarter.
  • In the past five years, EBITDA ranged from a high of $161.2 million in Q3 2024 to a low of -$110.1 million in Q2 2023.
  • Average EBITDA over 5 years is $71.0 million, with a median of $79.0 million recorded in 2022.
  • Year-over-year, EBITDA tumbled 187.47% in 2023 and surged 3418.65% in 2024.
  • Over 5 years, EBITDA stood at $73.1 million in 2022, then declined by 1.7% to $71.9 million in 2023, then jumped by 48.94% to $107.1 million in 2024, then decreased by 20.67% to $85.0 million in 2025, then tumbled by 55.74% to $37.6 million in 2026.
  • Per Business Quant data, the three most recent EBITDA figures were $37.6 million in Q2 2026, $89.6 million in Q1 2026, and $85.0 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Evercore 11.52 Bn 9.43 Bn 975.67 Mn 132.05 Mn
2 Jefferies Financial 11.24 Bn -4.17 Bn 3.09 Bn 1.20 Bn
3 Houlihan Lokey 9.53 Bn 8.45 Bn - -
4 Cluster Group Holdings 8.00 Bn 8.00 Bn - -8,222.00
5 PJT Partners 6.94 Bn 6.99 Bn 481.98 Mn 100.88 Mn
6 Moelis 6.06 Bn 5.99 Bn - 72.83 Mn
7 Piper Sandler Companies 5.20 Bn 5.09 Bn - 101.17 Mn
8 Lazard 4.97 Bn 3.99 Bn - 37.60 Mn
9 BRBI BR Partners 3.49 Bn 3.38 Bn 16.77 Mn 34.22 Mn
10 Perella Weinberg Partners 1.81 Bn 2.01 Bn - 8.46 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 37.60 Mn
Mar 31, 2026 89.57 Mn
Dec 31, 2025 84.95 Mn
Sep 30, 2025 94.93 Mn
Jun 30, 2025 93.08 Mn
Mar 31, 2025 54.64 Mn
Dec 31, 2024 107.08 Mn
Sep 30, 2024 161.19 Mn
Jun 30, 2024 63.64 Mn
Mar 31, 2024 54.56 Mn
Dec 31, 2023 71.90 Mn
Sep 30, 2023 -4.86 Mn
Jun 30, 2023 -110.07 Mn
Mar 31, 2023 -36.92 Mn
Dec 31, 2022 73.14 Mn
Sep 30, 2022 158.14 Mn
Jun 30, 2022 125.84 Mn
Mar 31, 2022 159.73 Mn
Dec 31, 2021 268.34 Mn
Sep 30, 2021 154.96 Mn