Lazard (LAZ) EBT Margin (2009 - 2026)
Lazard's (LAZ) quarterly EBT Margin came in at 8.82% in Q1 2026, up 381.0% year-on-year from 1.83% in Q1 2025, and up 19.23% quarter-over-quarter from 7.4% in Q4 2025.
Lazard (LAZ) EBT Margin (2009 - 2026) Analysis & Trends
Lazard has disclosed EBT Margin across 18 years of filings, most recently posting 8.82% for Q1 2026.
- EBT Margin for Q1 2026 came in at 8.82%, up 381.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 8.69% (down 95.0% YoY), and the FY2025 annual result was 7.74%, down 176.0% from the prior year.
- EBT Margin came in at 8.82% for Q1 2026 at Lazard, up from 7.4% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 19.34% in Q1 2022 to a low of 19.52% in Q2 2023.
- The 5-year median for EBT Margin is 7.4% (2025), against an average of 6.53%.
- Across the five-year window, EBT Margin sank 3589 bps in 2023 and surged 2531 bps in 2024, its largest moves.
- Lazard's EBT Margin stood at 7.33% in 2022, then retreated by 14 bps to 6.32% in 2023, then jumped by 49 bps to 9.39% in 2024, then slipped by 21 bps to 7.4% in 2025, then advanced by 19 bps to 8.82% in 2026.
- The last three EBT Margin figures came in at 8.82% (Q1 2026), 7.4% (Q4 2025), and 9.66% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 100,773.79 Bn | 100,773.79 Bn | - | - |
| 2 | Morgan Stanley | 331.35 Bn | 197.82 Bn | - | 34.07% |
| 3 | Goldman Sachs | 317.73 Bn | -619.82 Bn | - | 37.65% |
| 4 | Schwab Charles | 153.74 Bn | 108.77 Bn | - | 49.18% |
| 5 | Robinhood Markets | 75.98 Bn | 71.34 Bn | 960.00 Mn | 38.52% |
| 6 | Interactive Brokers | 38.91 Bn | 49.50 Bn | - | 77.17% |
| 7 | LPL Financial Holdings | 22.76 Bn | 21.73 Bn | - | 9.81% |
| 8 | Tradeweb Markets | 20.90 Bn | 19.65 Bn | - | 49.04% |
| 9 | Circle Internet | 20.00 Bn | 18.49 Bn | 35.01 Mn | 136.18% |
| 10 | Lazard | 4.57 Bn | 3.54 Bn | - | 8.82% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.82% |
| Dec 31, 2025 | 7.40% |
| Sep 30, 2025 | 9.66% |
| Jun 30, 2025 | 9.03% |
| Mar 31, 2025 | 5.01% |
| Dec 31, 2024 | 9.39% |
| Sep 30, 2024 | 17.17% |
| Jun 30, 2024 | 5.79% |
| Mar 31, 2024 | 4.31% |
| Dec 31, 2023 | 6.32% |
| Sep 30, 2023 | -4.44% |
| Jun 30, 2023 | -19.52% |
| Mar 31, 2023 | -10.04% |
| Dec 31, 2022 | 7.33% |
| Sep 30, 2022 | 19.05% |
| Jun 30, 2022 | 16.38% |
| Mar 31, 2022 | 19.34% |
| Dec 31, 2021 | 23.10% |
| Sep 30, 2021 | 18.76% |
| Jun 30, 2021 | 17.33% |