Lazard (LAZ) Operating Leases (2019 - 2026)

Lazard's (LAZ) quarterly Operating Leases came in at $472.6 million in Q1 2026, down 6.21% year-on-year from $503.9 million in Q1 2025, and down 2.59% quarter-over-quarter from $485.1 million in Q4 2025.

Lazard (LAZ) Operating Leases (2019 - 2026) Analysis & Trends

Lazard has disclosed Operating Leases across 8 years of filings, most recently posting $472.6 million for Q1 2026.

  • Operating Leases for Q1 2026 came in at $472.6 million, down 6.21% year-over-year; the trailing twelve-month figure through Mar 2026 was $472.6 million (down 6.21% YoY), and the FY2025 annual result was $485.1 million, down 4.02% from the prior year.
  • Operating Leases came in at $472.6 million for Q1 2026 at Lazard, down from $485.1 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $536.9 million in Q1 2022 to a low of $467.4 million in Q1 2024.
  • The 5-year median for Operating Leases is $507.2 million (2023), against an average of $504.4 million.
  • Across the five-year window, Operating Leases declined 9.5% in 2022 and advanced 7.82% in 2025, its largest moves.
  • Lazard's Operating Leases stood at $513.7 million in 2022, then dropped by 5.55% to $485.2 million in 2023, then climbed by 4.18% to $505.5 million in 2024, then dropped by 4.02% to $485.1 million in 2025, then fell by 2.59% to $472.6 million in 2026.
  • The last three Operating Leases figures came in at $472.6 million (Q1 2026), $485.1 million (Q4 2025), and $510.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 SOL Strategies 100,773.79 Bn 100,773.79 Bn -
2 Morgan Stanley 331.35 Bn 197.82 Bn -
3 Goldman Sachs 317.73 Bn -619.82 Bn -
4 Schwab Charles 153.74 Bn 108.77 Bn -
5 Robinhood Markets 75.98 Bn 71.34 Bn 960.00 Mn
6 Interactive Brokers 38.91 Bn 49.50 Bn -
7 LPL Financial Holdings 22.76 Bn 21.73 Bn -
8 Tradeweb Markets 20.90 Bn 19.65 Bn -
9 Circle Internet 20.00 Bn 18.49 Bn 35.01 Mn
10 Lazard 4.57 Bn 3.54 Bn -

Historic Data

Download Data
DateValue
Mar 31, 2026 472.58 Mn
Dec 31, 2025 485.15 Mn
Sep 30, 2025 510.76 Mn
Jun 30, 2025 518.17 Mn
Mar 31, 2025 503.88 Mn
Dec 31, 2024 505.48 Mn
Sep 30, 2024 521.52 Mn
Jun 30, 2024 522.86 Mn
Mar 31, 2024 467.35 Mn
Dec 31, 2023 485.19 Mn
Sep 30, 2023 492.04 Mn
Jun 30, 2023 507.16 Mn
Mar 31, 2023 509.76 Mn
Dec 31, 2022 513.69 Mn
Sep 30, 2022 502.21 Mn
Jun 30, 2022 520.03 Mn
Mar 31, 2022 536.91 Mn
Dec 31, 2021 552.52 Mn
Sep 30, 2021 554.90 Mn
Jun 30, 2021 567.73 Mn