Lazard (LAZ) EBITDA Margin (2009 - 2026)

Lazard's (LAZ) quarterly EBITDA Margin came in at 11.84% in Q1 2026, up 367.0% year-on-year from 2.54% in Q1 2025, and up 17.31% quarter-over-quarter from 10.09% in Q4 2025.

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

Lazard has disclosed EBITDA Margin across 18 years of filings, most recently posting 11.84% for Q1 2026.

  • EBITDA Margin for Q1 2026 came in at 11.84%, up 367.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 11.54% (down 97.0% YoY), and the FY2025 annual result was 10.57%, down 174.0% from the prior year.
  • EBITDA Margin came in at 11.84% for Q1 2026 at Lazard, up from 10.09% in the prior quarter.
  • In the past five years, EBITDA Margin ranged from a high of 22.3% in Q1 2022 to a low of 16.62% in Q2 2023.
  • The 5-year median for EBITDA Margin is 10.09% (2025), against an average of 9.45%.
  • Across the five-year window, EBITDA Margin slumped 3630 bps in 2023 and soared 2561 bps in 2024, its largest moves.
  • Lazard's EBITDA Margin stood at 9.99% in 2022, then decreased by 13 bps to 8.71% in 2023, then jumped by 36 bps to 11.83% in 2024, then decreased by 15 bps to 10.09% in 2025, then advanced by 17 bps to 11.84% in 2026.
  • The last three EBITDA Margin figures came in at 11.84% (Q1 2026), 10.09% (Q4 2025), and 12.69% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 SOL Strategies 100,773.79 Bn 100,773.79 Bn - -
2 Morgan Stanley 331.35 Bn 197.82 Bn - 95.15%
3 Goldman Sachs 317.73 Bn -619.82 Bn - 136.81%
4 Schwab Charles 153.74 Bn 108.77 Bn - 61.80%
5 Robinhood Markets 75.98 Bn 71.34 Bn 960.00 Mn 28.49%
6 Interactive Brokers 38.91 Bn 49.50 Bn - 14.74%
7 LPL Financial Holdings 22.76 Bn 21.73 Bn - 11.84%
8 Tradeweb Markets 20.90 Bn 19.65 Bn - 47.66%
9 Circle Internet 20.00 Bn 18.49 Bn 35.01 Mn 110.52%
10 Lazard 4.57 Bn 3.54 Bn - 11.84%

Historic Data

Download Data
DateValue
Mar 31, 2026 11.84%
Dec 31, 2025 10.09%
Sep 30, 2025 12.69%
Jun 30, 2025 11.69%
Mar 31, 2025 8.16%
Dec 31, 2024 11.83%
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 21.76%
Jun 30, 2022 19.68%
Mar 31, 2022 22.30%
Dec 31, 2021 25.00%
Sep 30, 2021 21.60%
Jun 30, 2021 19.72%