Lazard (LAZ) EV to EBITDA (2009 - 2026)
Lazard's (LAZ) quarterly EV to EBITDA came in at 97.01 in Q2 2026, up 99.96% year-over-year from 48.52 in Q2 2025, and up 128.36% quarter-over-quarter from 42.48 in Q1 2026.
Analysis
Lazard (LAZ) EV to EBITDA (2009 - 2026) Analysis & Trends
Lazard has disclosed EV to EBITDA across 18 years of filings, most recently posting 97.01 for Q2 2026.
- In Q2 2026, EV to EBITDA rose 99.96% year-over-year to 97.01; the TTM figure through Jun 2026 stood at 11.88 (up 9.44% YoY), while the FY2025 annual figure was 12.32, up 33.46% from the prior year.
- EV to EBITDA came in at 97.01 for Q2 2026 at Lazard, up from 42.48 in the prior quarter.
- In the past five years, EV to EBITDA ranged from a high of 97.01 in Q2 2026 to a low of 453.27 in Q3 2023.
- Average EV to EBITDA over 5 years is 6.51, with a median of 37.89 recorded in 2024.
- Year-over-year, EV to EBITDA sank 2913.93% in 2023 and surged 316.07% in 2024.
- Over 5 years, EV to EBITDA stood at 44.55 in 2022, then sank by 30.9% to 30.79 in 2023, then grew by 8.18% to 33.3 in 2024, then soared by 42.6% to 47.49 in 2025, then surged by 104.27% to 97.01 in 2026.
- Per Business Quant data, the three most recent EV to EBITDA figures were 97.01 in Q2 2026, 42.48 in Q1 2026, and 47.49 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Evercore | 11.52 Bn | 9.43 Bn | 975.67 Mn |
| 2 | Jefferies Financial | 11.24 Bn | -4.17 Bn | 3.09 Bn |
| 3 | Houlihan Lokey | 9.53 Bn | 8.45 Bn | - |
| 4 | Cluster Group Holdings | 8.00 Bn | 8.00 Bn | - |
| 5 | PJT Partners | 6.94 Bn | 6.99 Bn | 481.98 Mn |
| 6 | Moelis | 6.06 Bn | 5.99 Bn | - |
| 7 | Piper Sandler Companies | 5.20 Bn | 5.09 Bn | - |
| 8 | Lazard | 4.97 Bn | 3.99 Bn | - |
| 9 | BRBI BR Partners | 3.49 Bn | 3.38 Bn | 16.77 Mn |
| 10 | Perella Weinberg Partners | 1.81 Bn | 2.01 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 97.01 |
| Mar 31, 2026 | 42.48 |
| Dec 31, 2025 | 47.49 |
| Sep 30, 2025 | 51.17 |
| Jun 30, 2025 | 48.52 |
| Mar 31, 2025 | 74.27 |
| Dec 31, 2024 | 33.30 |
| Sep 30, 2024 | 22.56 |
| Jun 30, 2024 | 43.68 |
| Mar 31, 2024 | 54.73 |
| Dec 31, 2023 | 30.79 |
| Sep 30, 2023 | -453.27 |
| Jun 30, 2023 | -20.22 |
| Mar 31, 2023 | -64.81 |
| Dec 31, 2022 | 44.55 |
| Sep 30, 2022 | 16.11 |
| Jun 30, 2022 | 26.41 |
| Mar 31, 2022 | 22.46 |
| Dec 31, 2021 | 15.02 |
| Sep 30, 2021 | 29.39 |