Lazard (LAZ) EBT Margin (2009 - 2026)
Lazard (LAZ) posted EBT Margin of 1.82% for Q2 2026, down 78.8% sequentially from 8.57% in Q1 2026, and down 699.0% YoY from 0.3% in Q2 2025.
Lazard (LAZ) EBT Margin (2009 - 2026) Analysis & Trends
Lazard has reported EBT Margin for 18 years, with the latest figure at 1.82% in Q2 2026.
- Quarterly EBT Margin fell 699.0% year-over-year to 1.82% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 6.54% (down 397.0% YoY) and the FY2025 annual result came in at 6.75%, down 271.0% from the prior year.
- EBT Margin slipped to 1.82% in Q2 2026 per LAZ's latest filing, from 8.57% in the prior quarter.
- Over five years, EBT Margin peaked at 19.34% in Q1 2022 and troughed at 22.46% in Q2 2023.
- A 5-year average of 5.68% and a median of 7.02% in 2022 frame the typical range for EBT Margin.
- The sharpest annual moves came in 2023 and 2024: EBT Margin tumbled 3831 bps in 2023, then soared 2825 bps in 2024.
- Over 5 years, EBT Margin stood at 7.33% in 2022, then declined by 14 bps to 6.34% in 2023, then jumped by 60 bps to 10.12% in 2024, then slumped by 34 bps to 6.7% in 2025, then slumped by 73 bps to 1.82% in 2026.
- According to Business Quant data, EBT Margin over the past three periods registered 1.82%, 8.57%, and 6.7% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | 34.42% |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 42.10% |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 51.88% |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 54.20% |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 76.79% |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 9.94% |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 48.34% |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 7.46% |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | 62.17% |
| 10 | Lazard | 4.45 Bn | 3.35 Bn | - | 1.82% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.82% |
| Mar 31, 2026 | 8.57% |
| Dec 31, 2025 | 6.70% |
| Sep 30, 2025 | 9.37% |
| Jun 30, 2025 | 8.80% |
| Mar 31, 2025 | 5.01% |
| Dec 31, 2024 | 10.12% |
| Sep 30, 2024 | 17.17% |
| Jun 30, 2024 | 5.79% |
| Mar 31, 2024 | 4.31% |
| Dec 31, 2023 | 6.34% |
| Sep 30, 2023 | -4.44% |
| Jun 30, 2023 | -22.46% |
| Mar 31, 2023 | -10.18% |
| Dec 31, 2022 | 7.33% |
| Sep 30, 2022 | 12.87% |
| Jun 30, 2022 | 15.85% |
| Mar 31, 2022 | 19.34% |
| Dec 31, 2021 | 24.75% |
| Sep 30, 2021 | 18.24% |