Lazard (LAZ) EV to EBITDA (2010 - 2026)
Lazard's EV to EBITDA was 10.75 in Q2 2026, up 7.4% from 10.01 a year earlier and up 11.9% from the prior quarter.
Lazard (LAZ) EV to EBITDA (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Lazard's EV to EBITDA was -0.04 through Jun 30, 2026; for FY2025, it came in at 11.15, up 32.2% from FY2024.
- In earlier years, EV to EBITDA was 8.44 in FY2024, 5.83 in FY2022 (+10.2%) and 5.29 in FY2021 (-17.8%).
- Quarterly EV to EBITDA has moved between 3.38 (Q3 2022) and 57.02 (Q1 2024) over five years.
- Compared with a year earlier, EV to EBITDA was higher in three of the last six quarters, with an average decline of 4.6%.
- The best year-over-year quarter for EV to EBITDA over five years was Q1 2024 (growth of 766.1%); the worst was Q1 2025 (a decline of 83.1%).
- Per Business Quant data, LAZ's EV to EBITDA in the three quarters before Q2 2026 was 9.61 (Q1 2026), 11.15 (Q4 2025) and 12.64 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cme | 106.60 Bn | 94.69 Bn | - |
| 2 | Robinhood Markets | 89.96 Bn | 71.00 Bn | - |
| 3 | Intercontinental Exchange | 88.80 Bn | 82.54 Bn | - |
| 4 | Nasdaq | 53.28 Bn | 50.71 Bn | 1.50 Bn |
| 5 | Interactive Brokers | 37.18 Bn | 14.30 Bn | - |
| 6 | Cboe Global Markets | 32.75 Bn | 24.41 Bn | 731.60 Mn |
| 7 | LPL Financial Holdings | 25.87 Bn | 21.19 Bn | - |
| 8 | Tradeweb Markets | 25.01 Bn | 17.03 Bn | - |
| 9 | Circle Internet | 21.10 Bn | 14.98 Bn | 288.85 Mn |
| 10 | Lazard | 3.76 Bn | -1.00 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.32 |
| Mar 31, 2026 | 4.32 |
| Dec 31, 2025 | 4.91 |
| Sep 30, 2025 | 5.96 |
| Jun 30, 2025 | 5.14 |
| Mar 31, 2025 | 4.76 |
| Dec 31, 2024 | 4.09 |
| Sep 30, 2024 | 4.31 |
| Jun 30, 2024 | 4.19 |
| Mar 31, 2024 | 6.03 |
| Dec 31, 2023 | 5.64 |
| Sep 30, 2023 | 5.63 |
| Jun 30, 2023 | 3.90 |
| Mar 31, 2023 | 3.04 |
| Dec 31, 2022 | 3.37 |
| Sep 30, 2022 | 2.20 |
| Jun 30, 2022 | 2.95 |
| Mar 31, 2022 | 3.06 |
| Dec 31, 2021 | 3.49 |
| Sep 30, 2021 | 4.14 |
Lazard EV to EBITDA 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=ev-to-ebitda&ticker=LAZ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=LAZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();