Lazard (LAZ) Interest Coverage Ratio (2009 - 2026)
Lazard's (LAZ) quarterly Interest Coverage Ratio came in at 1.67 in Q2 2026, down 62.05% year-over-year from 4.4 in Q2 2025, and down 57.49% quarter-over-quarter from 3.93 in Q1 2026.
Analysis
Lazard (LAZ) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Lazard has disclosed Interest Coverage Ratio across 18 years of filings, most recently posting 1.67 for Q2 2026.
- In Q2 2026, Interest Coverage Ratio fell 62.05% year-over-year to 1.67; the TTM figure through Jun 2026 stood at 3.39 (down 29.21% YoY), while the FY2025 annual figure was 3.74, down 14.8% from the prior year.
- Interest Coverage Ratio came in at 1.67 for Q2 2026 at Lazard, down from 3.93 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 8.03 in Q3 2022 to a low of 5.73 in Q2 2023.
- Average Interest Coverage Ratio over 5 years is 3.28, with a median of 3.75 recorded in 2022.
- Year-over-year, Interest Coverage Ratio tumbled 196.16% in 2023 and soared 2933.54% in 2024.
- Over 5 years, Interest Coverage Ratio stood at 3.76 in 2022, then decreased by 3.05% to 3.64 in 2023, then surged by 32.75% to 4.83 in 2024, then retreated by 22.45% to 3.75 in 2025, then plunged by 55.49% to 1.67 in 2026.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 1.67 in Q2 2026, 3.93 in Q1 2026, and 3.75 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Evercore | 11.52 Bn | 9.43 Bn | 975.67 Mn | 15.91 |
| 2 | Jefferies Financial | 11.24 Bn | -4.17 Bn | 3.09 Bn | 0.68 |
| 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 | - | 5.86 |
| 7 | Piper Sandler Companies | 5.20 Bn | 5.09 Bn | - | 136.91 |
| 8 | Lazard | 4.97 Bn | 3.99 Bn | - | 1.67 |
| 9 | BRBI BR Partners | 3.49 Bn | 3.38 Bn | 16.77 Mn | -166.38 |
| 10 | Perella Weinberg Partners | 1.81 Bn | 2.01 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.67 |
| Mar 31, 2026 | 3.93 |
| Dec 31, 2025 | 3.75 |
| Sep 30, 2025 | 4.18 |
| Jun 30, 2025 | 4.40 |
| Mar 31, 2025 | 2.59 |
| Dec 31, 2024 | 4.83 |
| Sep 30, 2024 | 7.15 |
| Jun 30, 2024 | 2.81 |
| Mar 31, 2024 | 2.63 |
| Dec 31, 2023 | 3.64 |
| Sep 30, 2023 | -0.25 |
| Jun 30, 2023 | -5.73 |
| Mar 31, 2023 | -1.82 |
| Dec 31, 2022 | 3.76 |
| Sep 30, 2022 | 8.03 |
| Jun 30, 2022 | 5.96 |
| Mar 31, 2022 | 7.52 |
| Dec 31, 2021 | 13.11 |
| Sep 30, 2021 | 7.60 |