Lazard (LAZ) EBT Margin (2009 - 2026)
Lazard's (LAZ) quarterly EBT Margin came in at 1.82% in Q2 2026, down 699.0% year-over-year from 0.3% in Q2 2025, and down 78.8% quarter-over-quarter from 8.57% in Q1 2026.
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Analysis
Lazard (LAZ) EBT Margin (2009 - 2026) Analysis & Trends
Lazard has disclosed EBT Margin across 18 years of filings, most recently posting 1.82% for Q2 2026.
- In Q2 2026, EBT Margin fell 699.0% year-over-year to 1.82%; the TTM figure through Jun 2026 stood at 6.54% (down 397.0% YoY), while the FY2025 annual figure was 7.53%, down 197.0% from the prior year.
- EBT Margin came in at 1.82% for Q2 2026 at Lazard, down from 8.57% 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.
- Average EBT Margin over 5 years is 6.16%, with a median of 7.02% recorded in 2022.
- Year-over-year, EBT Margin slumped 3537 bps in 2023 and soared 2531 bps in 2024.
- Over 5 years, EBT Margin stood at 7.33% in 2022, then retreated by 14 bps to 6.32% in 2023, then jumped by 60 bps to 10.12% in 2024, then plunged by 34 bps to 6.7% in 2025, then plunged by 73 bps to 1.82% in 2026.
- Per Business Quant data, the three most recent EBT Margin figures were 1.82% in Q2 2026, 8.57% in Q1 2026, and 6.7% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Evercore | 10.14 Bn | 8.05 Bn | 975.67 Mn | 14.78% |
| 2 | Jefferies Financial | 9.74 Bn | -5.67 Bn | 3.09 Bn | 10.12% |
| 3 | Houlihan Lokey | 9.07 Bn | 7.99 Bn | - | - |
| 4 | Cluster Group Holdings | 8.00 Bn | 8.00 Bn | - | - |
| 5 | PJT Partners | 5.75 Bn | 5.81 Bn | 481.98 Mn | 20.99% |
| 6 | Moelis | 5.25 Bn | 5.17 Bn | - | - |
| 7 | Piper Sandler Companies | 4.88 Bn | 4.77 Bn | - | 20.24% |
| 8 | Lazard | 3.95 Bn | 2.96 Bn | - | 1.82% |
| 9 | BRBI BR Partners | 3.50 Bn | 3.38 Bn | 16.77 Mn | 48.61% |
| 10 | Perella Weinberg Partners | 1.40 Bn | 1.59 Bn | - | 3.89% |
Historic Data
Download Data
Historic 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 | 6.32% |
| Sep 30, 2023 | -4.44% |
| Jun 30, 2023 | -19.52% |
| Mar 31, 2023 | -10.18% |
| Dec 31, 2022 | 7.33% |
| Sep 30, 2022 | 18.55% |
| Jun 30, 2022 | 15.85% |
| Mar 31, 2022 | 19.34% |
| Dec 31, 2021 | 24.47% |
| Sep 30, 2021 | 18.24% |