Lazard (LAZ) Interest Coverage Ratio (2011 - 2026)
Lazard's Interest Coverage Ratio came in at 1.67 for Q2 2026, down 62.1% from 4.40 a year earlier and down 57.5% from the prior quarter.
Lazard (LAZ) Interest Coverage Ratio (2011 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Lazard reported Interest Coverage Ratio of 3.39, down 29.2% year-over-year; for FY2025, it came in at 3.74, down 14.8% from FY2024.
- Going back by year, Interest Coverage Ratio was 4.39 in FY2024, -1.03 in FY2023, 6.34 in FY2022 (-29.3%) and 8.96 in FY2021 (+43.9%).
- The Q2 2026 figure represents the lowest quarterly Interest Coverage Ratio since Q3 2023.
- Year-over-year, Interest Coverage Ratio increased in three of the last seven quarters, with growth averaging 1.9%.
- The fastest year-over-year change in Interest Coverage Ratio over five years came in Q2 2025 (growth of 56.5%), and the weakest in Q4 2022 (a decline of 71.4%).
- Business Quant data shows LAZ's Interest Coverage Ratio at 3.93 (Q1 2026), 3.75 (Q4 2025) and 4.18 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 106.60 Bn | 94.69 Bn | - | 25.39 |
| 2 | Robinhood Markets | 89.96 Bn | 71.00 Bn | - | 5.46 |
| 3 | Intercontinental Exchange | 88.80 Bn | 82.54 Bn | - | 6.79 |
| 4 | Nasdaq | 53.28 Bn | 50.71 Bn | 1.50 Bn | 8.28 |
| 5 | Interactive Brokers | 37.18 Bn | 14.30 Bn | - | 2.23 |
| 6 | Cboe Global Markets | 32.75 Bn | 24.41 Bn | 731.60 Mn | 36.06 |
| 7 | LPL Financial Holdings | 25.87 Bn | 21.19 Bn | - | 6.08 |
| 8 | Tradeweb Markets | 25.01 Bn | 17.03 Bn | - | 485.67 |
| 9 | Circle Internet | 21.10 Bn | 14.98 Bn | 288.85 Mn | - |
| 10 | Lazard | 3.76 Bn | -1.00 Bn | - | 1.67 |
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 | -1.90 |
| 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 |
Lazard Interest Coverage Ratio 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=interest-coverage-ratio&ticker=LAZ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=LAZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();