Lazard (LAZ) Payout Ratio (2010 - 2026)
Lazard's (LAZ) quarterly Payout Ratio came in at 5.6 in Q2 2026, down 577.48% year-over-year from 1.17 in Q2 2025, and down 1026.86% quarter-over-quarter from 0.6 in Q1 2026.
Analysis
Lazard (LAZ) Payout Ratio (2010 - 2026) Analysis & Trends
Lazard has disclosed Payout Ratio across 15 years of filings, most recently posting 5.6 for Q2 2026.
- In Q2 2026, Payout Ratio fell 577.48% year-over-year to 5.6; the TTM figure through Jun 2026 stood at 1.26 (up 59.57% YoY), while the FY2025 annual figure was 1.14, up 26.7% from the prior year.
- Payout Ratio came in at 5.6 for Q2 2026 at Lazard, down from 0.6 in the prior quarter.
- In the past five years, Payout Ratio ranged from a high of 2.24 in Q1 2024 to a low of 5.6 in Q2 2026.
- Average Payout Ratio over 5 years is 0.11, with a median of 0.7 recorded in 2024.
- Year-over-year, Payout Ratio sank 996.39% in 2023 and surged 592.24% in 2024.
- Over 5 years, Payout Ratio stood at 0.82 in 2022, then gained by 2.81% to 0.84 in 2023, then slipped by 4.69% to 0.8 in 2024, then jumped by 86.51% to 1.5 in 2025, then tumbled by 472.86% to 5.6 in 2026.
- Per Business Quant data, the three most recent Payout Ratio figures were 5.6 in Q2 2026, 0.6 in Q1 2026, and 1.5 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jefferies Financial | 11.33 Bn | -4.12 Bn | 3.09 Bn |
| 2 | Evercore | 10.94 Bn | 8.53 Bn | 975.67 Mn |
| 3 | Houlihan Lokey | 9.09 Bn | 7.90 Bn | - |
| 4 | Cluster Group Holdings | 8.00 Bn | 8.00 Bn | - |
| 5 | Piper Sandler Companies | 5.16 Bn | 4.85 Bn | - |
| 6 | Moelis | 4.85 Bn | 4.65 Bn | - |
| 7 | PJT Partners | 4.61 Bn | 3.99 Bn | 481.98 Mn |
| 8 | Lazard | 4.25 Bn | 3.15 Bn | - |
| 9 | BRBI BR Partners | 3.58 Bn | 3.46 Bn | 16.77 Mn |
| 10 | Oppenheimer Holdings | 1.32 Bn | -246.70 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -5.60 |
| Mar 31, 2026 | 0.60 |
| Dec 31, 2025 | 1.50 |
| Sep 30, 2025 | 0.93 |
| Jun 30, 2025 | 1.17 |
| Mar 31, 2025 | 1.10 |
| Dec 31, 2024 | 0.80 |
| Sep 30, 2024 | 0.48 |
| Jun 30, 2024 | 1.53 |
| Mar 31, 2024 | 2.24 |
| Dec 31, 2023 | 0.84 |
| Sep 30, 2023 | -3.48 |
| Jun 30, 2023 | -0.31 |
| Mar 31, 2023 | -1.99 |
| Dec 31, 2022 | 0.82 |
| Sep 30, 2022 | 0.39 |
| Jun 30, 2022 | 0.52 |
| Mar 31, 2022 | 0.39 |
| Dec 31, 2021 | 0.22 |
| Sep 30, 2021 | 0.42 |