Lazard LAZ
NYSE LAZ
$35.76 -0.32 (-0.89%)
At close: Sep 18, 2026 · 4:00 PM EDT

Lazard (LAZ) Rent Expense (2009 - 2026)

Lazard's (LAZ) quarterly Rent Expense came in at $33.8 million in Q2 2026, little changed year-over-year from $33.7 million in Q2 2025, and up 7.6% quarter-over-quarter from $31.4 million in Q1 2026.

Analysis

Lazard (LAZ) Rent Expense (2009 - 2026) Analysis & Trends

Lazard has disclosed Rent Expense across 18 years of filings, most recently posting $33.8 million for Q2 2026.

  • In Q2 2026, Rent Expense changed 0.31% year-over-year to $33.8 million; the TTM figure through Jun 2026 stood at $128.7 million (down 6.16% YoY), while the FY2025 annual figure was $132.6 million, changed 0.25% from the prior year.
  • Rent Expense came in at $33.8 million for Q2 2026 at Lazard, up from $31.4 million in the prior quarter.
  • In the past five years, Rent Expense ranged from a high of $35.4 million in Q1 2025 to a low of $29.4 million in Q2 2022.
  • Average Rent Expense over 5 years is $32.5 million, with a median of $32.4 million recorded in 2023.
  • Year-over-year, Rent Expense advanced 11.53% in 2023 and fell 11.28% in 2026.
  • Over 5 years, Rent Expense stood at $30.9 million in 2022, then increased by 8.18% to $33.4 million in 2023, then advanced by 1.08% to $33.8 million in 2024, then fell by 6.57% to $31.6 million in 2025, then rose by 7.06% to $33.8 million in 2026.
  • Per Business Quant data, the three most recent Rent Expense figures were $33.8 million in Q2 2026, $31.4 million in Q1 2026, and $31.6 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Rental Exp. (Qtr)
1 Evercore 10.14 Bn 8.05 Bn 975.67 Mn 29.73 Mn
2 Jefferies Financial 9.74 Bn -5.67 Bn 3.09 Bn 34.50 Mn
3 Houlihan Lokey 9.07 Bn 7.99 Bn - -
4 Cluster Group Holdings 8.00 Bn 8.00 Bn - -
5 PJT Partners 5.75 Bn 5.81 Bn 481.98 Mn 15.85 Mn
6 Moelis 5.25 Bn 5.17 Bn - 10.47 Mn
7 Piper Sandler Companies 4.88 Bn 4.77 Bn - 16.78 Mn
8 Lazard 3.95 Bn 2.96 Bn - 33.81 Mn
9 BRBI BR Partners 3.50 Bn 3.38 Bn 16.77 Mn -
10 Perella Weinberg Partners 1.40 Bn 1.59 Bn - 5.93 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 33.81 Mn
Mar 31, 2026 31.42 Mn
Dec 31, 2025 31.58 Mn
Sep 30, 2025 31.91 Mn
Jun 30, 2025 33.70 Mn
Mar 31, 2025 35.41 Mn
Dec 31, 2024 33.80 Mn
Sep 30, 2024 34.25 Mn
Jun 30, 2024 32.03 Mn
Mar 31, 2024 32.86 Mn
Dec 31, 2023 33.44 Mn
Sep 30, 2023 33.11 Mn
Jun 30, 2023 32.80 Mn
Mar 31, 2023 31.77 Mn
Dec 31, 2022 30.91 Mn
Sep 30, 2022 30.70 Mn
Jun 30, 2022 29.41 Mn
Mar 31, 2022 31.24 Mn
Dec 31, 2021 32.40 Mn
Sep 30, 2021 31.02 Mn