Lazard (LAZ) EBT Margin (2009 - 2026)
Lazard (LAZ) reported EBT Margin of 1.82% for Q2 2026, down 6.99 percentage points from 8.80% a year earlier and down 6.75 percentage points from the prior quarter.
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Analysis
Lazard (LAZ) EBT Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Lazard's EBT Margin came in at 6.54%, down 3.97 percentage points year-over-year; for FY2025, it was 7.53%, down 1.97 percentage points from FY2024.
- EBT Margin has a five-year change of -13.30 percentage points (FY2020 to FY2025).
- By year, EBT Margin came in at 9.50% in FY2024 (+15.58 pp), -6.08% in FY2023 (-25.55 pp), 19.48% in FY2022 (-3.81 pp) and 23.29% in FY2021 (+2.46 pp).
- The Q2 2026 figure ranks as the lowest quarterly EBT Margin since Q3 2023.
- Year over year, EBT Margin gained in five of the last eight quarters, with an average year-over-year change of +1.81 percentage points.
- The high point for year-over-year EBT Margin in five years was Q2 2024 (a gain of 25.31 percentage points); the low point was Q2 2023 (a drop of 35.37 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 8.57% (Q1 2026), 6.70% (Q4 2025) and 9.37% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 106.56 Bn | 94.66 Bn | - | 77.82% |
| 2 | Intercontinental Exchange | 89.45 Bn | 83.19 Bn | - | 35.64% |
| 3 | Robinhood Markets | 88.18 Bn | 69.22 Bn | - | 54.20% |
| 4 | Nasdaq | 53.47 Bn | 50.90 Bn | 1.50 Bn | 25.79% |
| 5 | Interactive Brokers | 37.14 Bn | 14.26 Bn | - | 76.79% |
| 6 | Cboe Global Markets | 33.00 Bn | 24.66 Bn | 731.60 Mn | 34.29% |
| 7 | LPL Financial Holdings | 25.71 Bn | 21.03 Bn | - | 9.94% |
| 8 | Tradeweb Markets | 25.33 Bn | 17.34 Bn | - | 48.34% |
| 9 | Circle Internet | 21.30 Bn | 15.18 Bn | 288.85 Mn | 7.46% |
| 10 | Lazard | 3.72 Bn | -1.04 Bn | - | 1.82% |
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 | -10.04% |
| 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% |
API Access
Lazard EBT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt-margin&ticker=LAZ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "ticker": "LAZ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebt-margin&ticker=LAZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();