Lazard (LAZ) Invested Capital (2010 - 2026)
Lazard's (LAZ) quarterly Invested Capital came in at $2.6 billion in Q2 2026, up 5.2% year-over-year from $2.5 billion in Q2 2025, and up 1.66% quarter-over-quarter from $2.6 billion in Q1 2026.
Analysis
Lazard (LAZ) Invested Capital (2010 - 2026) Analysis & Trends
Lazard has disclosed Invested Capital across 17 years of filings, most recently posting $2.6 billion for Q2 2026.
- In Q2 2026, Invested Capital rose 5.2% year-over-year to $2.6 billion; the TTM figure through Jun 2026 stood at $2.6 billion (up 5.2% YoY), while the FY2025 annual figure was $2.6 billion, up 9.57% from the prior year.
- Invested Capital came in at $2.6 billion for Q2 2026 at Lazard, up 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.
- Average Invested Capital over 5 years is $2.4 billion, with a median of $2.4 billion recorded in 2024.
- Year-over-year, Invested Capital declined 17.27% in 2023 and rose 20.09% in 2024.
- Over 5 years, 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 increased by 0.36% to $2.6 billion in 2026.
- Per Business Quant data, the three most recent Invested Capital figures were $2.6 billion in Q2 2026, $2.6 billion in Q1 2026, and $2.6 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Evercore | 11.52 Bn | 9.43 Bn | 975.67 Mn | 2.72 Bn |
| 2 | Jefferies Financial | 11.24 Bn | -4.17 Bn | 3.09 Bn | 33.36 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 | - | 1.60 Bn |
| 8 | Lazard | 4.97 Bn | 3.99 Bn | - | 2.60 Bn |
| 9 | BRBI BR Partners | 3.49 Bn | 3.38 Bn | 16.77 Mn | 2.49 Bn |
| 10 | Perella Weinberg Partners | 1.81 Bn | 2.01 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.60 Bn |
| Mar 31, 2026 | 2.56 Bn |
| Dec 31, 2025 | 2.59 Bn |
| Sep 30, 2025 | 2.57 Bn |
| Jun 30, 2025 | 2.48 Bn |
| Mar 31, 2025 | 2.33 Bn |
| Dec 31, 2024 | 2.37 Bn |
| Sep 30, 2024 | 2.53 Bn |
| Jun 30, 2024 | 2.37 Bn |
| Mar 31, 2024 | 2.30 Bn |
| Dec 31, 2023 | 2.17 Bn |
| Sep 30, 2023 | 2.11 Bn |
| Jun 30, 2023 | 2.10 Bn |
| Mar 31, 2023 | 2.20 Bn |
| Dec 31, 2022 | 2.36 Bn |
| Sep 30, 2022 | 2.36 Bn |
| Jun 30, 2022 | 2.51 Bn |
| Mar 31, 2022 | 2.66 Bn |
| Dec 31, 2021 | 2.76 Bn |
| Sep 30, 2021 | 2.66 Bn |