Lazard (LAZ) EBITDA (2010 - 2026)
Lazard's EBITDA was $44.97 million in Q2 2026, down 55.8% from $101.71 million a year earlier and down 53.8% from the prior quarter.
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Analysis
Lazard (LAZ) EBITDA (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Lazard's EBITDA was $339.36 million through Jun 30, 2026, down 24.8% year-over-year; for FY2025, it came in at $361.79 million, down 14.4% from FY2024.
- EBITDA shows a five-year compound annual growth rate of -7.7% (FY2020 to FY2025).
- In earlier years, EBITDA was $422.75 million in FY2024, -$37.1 million in FY2023, $559.24 million in FY2022 (-26.6%) and $762.22 million in FY2021 (+41.4%).
- The Q2 2026 figure marks the lowest quarterly EBITDA since Q3 2023.
- Compared with a year earlier, EBITDA was higher in three of the last seven quarters, with growth averaging 2.8%.
- The best year-over-year quarter for EBITDA over five years was Q1 2026 (growth of 54.4%); the worst was Q3 2023 (a decline of 96.7%).
- Per Business Quant data, LAZ's EBITDA in the three quarters before Q2 2026 was $97.39 million (Q1 2026), $93.59 million (Q4 2025) and $103.41 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 105.82 Bn | 93.92 Bn | - | 1.19 Bn |
| 2 | Intercontinental Exchange | 89.41 Bn | 83.14 Bn | - | 1.78 Bn |
| 3 | Robinhood Markets | 86.77 Bn | 67.81 Bn | - | 891.00 Mn |
| 4 | Nasdaq | 52.58 Bn | 50.01 Bn | 1.50 Bn | 877.00 Mn |
| 5 | Interactive Brokers | 36.48 Bn | 13.59 Bn | - | 2.65 Bn |
| 6 | Cboe Global Markets | 32.16 Bn | 23.82 Bn | 731.60 Mn | 504.10 Mn |
| 7 | LPL Financial Holdings | 25.21 Bn | 20.53 Bn | - | 801.19 Mn |
| 8 | Tradeweb Markets | 24.34 Bn | 16.35 Bn | - | 306.75 Mn |
| 9 | Circle Internet | 20.17 Bn | 14.05 Bn | 288.85 Mn | 64.26 Mn |
| 10 | Lazard | 3.62 Bn | -1.15 Bn | - | 198.73 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 198.73 Mn |
| Mar 31, 2026 | 225.47 Mn |
| Dec 31, 2025 | 194.36 Mn |
| Sep 30, 2025 | 224.92 Mn |
| Jun 30, 2025 | 235.08 Mn |
| Mar 31, 2025 | 167.24 Mn |
| Dec 31, 2024 | 187.31 Mn |
| Sep 30, 2024 | 289.07 Mn |
| Jun 30, 2024 | 209.68 Mn |
| Mar 31, 2024 | 185.17 Mn |
| Dec 31, 2023 | 158.73 Mn |
| Sep 30, 2023 | 109.33 Mn |
| Jun 30, 2023 | 42.22 Mn |
| Mar 31, 2023 | 82.47 Mn |
| Dec 31, 2022 | 156.80 Mn |
| Sep 30, 2022 | 289.57 Mn |
| Jun 30, 2022 | 258.55 Mn |
| Mar 31, 2022 | 260.63 Mn |
| Dec 31, 2021 | 346.82 Mn |
| Sep 30, 2021 | 260.08 Mn |
API Access
Lazard EBITDA 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=ebitda&ticker=LAZ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "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=ebitda&ticker=LAZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();