Lazard (LAZ) Invested Capital (2009 - 2026)

Lazard has disclosed Invested Capital across 18 years of filings, most recently posting $2.6 billion for Q1 2026.

• Invested Capital for Q1 2026 came in at $2.6 billion, up 9.83% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.6 billion (up 9.83% YoY), and the FY2025 annual result was $2.6 billion, up 9.57% from the prior year.
• Invested Capital came in at $2.6 billion for Q1 2026 at Lazard, down from $2.6 billion in the prior quarter.
• In the past five years, Invested Capital ranged from a high of $2.7 billion in Q1 2022 to a low of $2.1 billion in Q2 2023.
• The 5-year median for Invested Capital is $2.4 billion (2024), against an average of $2.4 billion.
• Across the five-year window, Invested Capital dropped 17.71% in 2023 and increased 20.09% in 2024, its largest moves.
• Lazard's Invested Capital stood at $2.4 billion in 2022, then declined by 8.07% to $2.2 billion in 2023, then gained by 8.99% to $2.4 billion in 2024, then rose by 9.57% to $2.6 billion in 2025, then slipped by 1.28% to $2.6 billion in 2026.
• The last three Invested Capital figures came in at $2.6 billion (Q1 2026), $2.6 billion (Q4 2025), and $2.5 billion (Q3 2025), per Business Quant data.