Lazard (LAZ) Minority Interest (2010 - 2026)
Lazard (LAZ) recorded Minority Interest of $111.29 million in Q2 2026, up 33.2% from $83.58 million a year earlier and up 36.7% from the prior quarter.
Lazard (LAZ) Minority Interest (2010 - 2026) Analysis & Trends
At the end of FY2025, Lazard reported Minority Interest of $78.38 million, down 1.6% from FY2024.
- Annual Minority Interest has declined for three straight years, with a five-year compound annual growth rate of -2.2% (FY2020 to FY2025).
- Across earlier years, Minority Interest came in at $79.63 million in FY2024 (-9.2%), $87.68 million in FY2023 (-85.0%), $583.47 million in FY2022 (+1.5%) and $575 million in FY2021 (+555.9%).
- The Q2 2026 figure is the highest quarterly Minority Interest since Q4 2022.
- On a year-over-year basis, Minority Interest rose in three of the last eight quarters, with growth averaging 1.7%.
- Peak year-over-year performance for Minority Interest in the last five years was growth of 577.4% in Q3 2021, against a decline of 85.9% in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $81.43 million (Q1 2026), $78.38 million (Q4 2025) and $78.52 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cme | 105.82 Bn | 93.92 Bn | - |
| 2 | Intercontinental Exchange | 89.41 Bn | 83.14 Bn | - |
| 3 | Robinhood Markets | 86.77 Bn | 67.81 Bn | - |
| 4 | Nasdaq | 52.58 Bn | 50.01 Bn | 1.50 Bn |
| 5 | Interactive Brokers | 36.48 Bn | 13.59 Bn | - |
| 6 | Cboe Global Markets | 32.16 Bn | 23.82 Bn | 731.60 Mn |
| 7 | LPL Financial Holdings | 25.21 Bn | 20.53 Bn | - |
| 8 | Tradeweb Markets | 24.34 Bn | 16.35 Bn | - |
| 9 | Circle Internet | 20.17 Bn | 14.05 Bn | 288.85 Mn |
| 10 | Lazard | 3.62 Bn | -1.15 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 111.29 Mn |
| Mar 31, 2026 | 81.43 Mn |
| Dec 31, 2025 | 78.38 Mn |
| Sep 30, 2025 | 78.52 Mn |
| Jun 30, 2025 | 83.58 Mn |
| Mar 31, 2025 | 83.81 Mn |
| Dec 31, 2024 | 79.63 Mn |
| Sep 30, 2024 | 84.47 Mn |
| Jun 30, 2024 | 80.93 Mn |
| Mar 31, 2024 | 88.48 Mn |
| Dec 31, 2023 | 87.68 Mn |
| Sep 30, 2023 | 81.78 Mn |
| Jun 30, 2023 | 83.58 Mn |
| Mar 31, 2023 | 89.47 Mn |
| Dec 31, 2022 | 583.47 Mn |
| Sep 30, 2022 | 578.50 Mn |
| Jun 30, 2022 | 575.71 Mn |
| Mar 31, 2022 | 575.00 Mn |
| Dec 31, 2021 | 575.00 Mn |
| Sep 30, 2021 | 575.00 Mn |
Lazard Minority Interest 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=minority-interest&ticker=LAZ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "minority-interest", "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=minority-interest&ticker=LAZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();