Lazard (LAZ) Equity Ratio (2009 - 2026)

Lazard's (LAZ) quarterly Equity Ratio came in at 0.21 in Q1 2026, up 35.18% year-on-year from 0.15 in Q1 2025, and up 12.06% quarter-over-quarter from 0.18 in Q4 2025.

Lazard (LAZ) Equity Ratio (2009 - 2026) Analysis & Trends

Lazard has disclosed Equity Ratio across 18 years of filings, most recently posting 0.21 for Q1 2026.

  • Equity Ratio for Q1 2026 came in at 0.21, up 35.18% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.21 (up 35.18% YoY), and the FY2025 annual result was 0.18, up 29.3% from the prior year.
  • Equity Ratio came in at 0.21 for Q1 2026 at Lazard, up from 0.18 in the prior quarter.
  • In the past five years, Equity Ratio ranged from a high of 0.21 in Q1 2026 to a low of 0.09 in Q3 2022.
  • The 5-year median for Equity Ratio is 0.12 (2022), against an average of 0.13.
  • Across the five-year window, Equity Ratio slumped 37.87% in 2022 and jumped 55.64% in 2025, its largest moves.
  • Lazard's Equity Ratio stood at 0.12 in 2022, then declined by 9.87% to 0.1 in 2023, then surged by 36.51% to 0.14 in 2024, then increased by 29.3% to 0.18 in 2025, then rose by 12.06% to 0.21 in 2026.
  • The last three Equity Ratio figures came in at 0.21 (Q1 2026), 0.18 (Q4 2025), and 0.18 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 SOL Strategies 100,773.79 Bn 100,773.79 Bn - -
2 Morgan Stanley 331.35 Bn 197.82 Bn - 0.07
3 Goldman Sachs 317.73 Bn -619.82 Bn - 0.06
4 Schwab Charles 153.74 Bn 108.77 Bn - 0.10
5 Robinhood Markets 75.98 Bn 71.34 Bn 960.00 Mn 0.21
6 Interactive Brokers 38.91 Bn 49.50 Bn - 0.03
7 LPL Financial Holdings 22.76 Bn 21.73 Bn - 0.30
8 Tradeweb Markets 20.90 Bn 19.65 Bn - 0.88
9 Circle Internet 20.00 Bn 18.49 Bn 35.01 Mn 0.04
10 Lazard 4.57 Bn 3.54 Bn - 0.21

Historic Data

Download Data
DateValue
Mar 31, 2026 0.21
Dec 31, 2025 0.18
Sep 30, 2025 0.18
Jun 30, 2025 0.18
Mar 31, 2025 0.15
Dec 31, 2024 0.14
Sep 30, 2024 0.14
Jun 30, 2024 0.11
Mar 31, 2024 0.10
Dec 31, 2023 0.10
Sep 30, 2023 0.10
Jun 30, 2023 0.09
Mar 31, 2023 0.11
Dec 31, 2022 0.12
Sep 30, 2022 0.09
Jun 30, 2022 0.12
Mar 31, 2022 0.14
Dec 31, 2021 0.15
Sep 30, 2021 0.15
Jun 30, 2021 0.15