Lazard (LAZ) EBITDA (2009 - 2026)

Lazard (LAZ) posted EBITDA of $89.6 million for Q1 2026, up 5.44% sequentially from $85.0 million in Q4 2025, and up 63.95% YoY from $54.6 million in Q1 2025.

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

Lazard (LAZ) has 18 years of EBITDA data on file, last reported at $89.6 million in Q1 2026.

  • Quarterly EBITDA rose 63.95% year-over-year to $89.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $362.5 million (down 6.21% YoY) and the FY2025 annual result came in at $327.6 million, down 15.23% from the prior year.
  • EBITDA improved to $89.6 million in Q1 2026 per LAZ's latest filing, from $85.0 million in the prior quarter.
  • The five-year high for EBITDA was $161.2 million in Q3 2024, with the low at -$110.1 million in Q2 2023.
  • Average EBITDA over 5 years is $73.0 million, with a median of $85.0 million recorded in 2025.
  • Year-over-year, EBITDA slumped 187.47% in 2023 and surged 3418.65% in 2024.
  • Lazard's EBITDA stood at $73.1 million in 2022, then decreased by 1.7% to $71.9 million in 2023, then jumped by 48.94% to $107.1 million in 2024, then declined by 20.67% to $85.0 million in 2025, then grew by 5.44% to $89.6 million in 2026.
  • Business Quant data shows LAZ's EBITDA at $89.6 million in Q1 2026, $85.0 million in Q4 2025, and $94.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 19.58 Bn
2 Goldman Sachs 309.79 Bn -627.76 Bn - 23.57 Bn
3 Schwab Charles 167.21 Bn 122.24 Bn - 4.01 Bn
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn 441.58 Mn
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 304.00 Mn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 584.88 Mn
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 294.45 Mn
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 46.00 Mn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -254.94 Mn
10 Lazard 4.11 Bn 3.08 Bn - 89.57 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 166.26 Mn