Lazard (LAZ) Shares Outstanding (2009 - 2026)
Lazard (LAZ) recorded Shares Outstanding of 101.36 million in Q2 2026, up 3.9% from 97.53 million a year earlier and up 1.9% from the prior quarter.
Analysis
Lazard (LAZ) Shares Outstanding (2009 - 2026) Analysis & Trends
For FY2025, Lazard reported Shares Outstanding of 97.48 million, up 4.7% from FY2024.
- Annual Shares Outstanding has a five-year compound annual growth rate of -1.8% (FY2020 to FY2025).
- Across earlier years, Shares Outstanding came in at 93.14 million in FY2024 (+4.7%), 88.99 million in FY2023 (-7.0%), 95.66 million in FY2022 (-9.8%) and 106.04 million in FY2021 (-0.8%).
- The Q2 2026 figure is the highest quarterly Shares Outstanding since Q1 2022.
- On a year-over-year basis, Shares Outstanding has increased for ten consecutive quarters, with growth averaging 4.6% over the last eight quarters.
- Peak year-over-year performance for Shares Outstanding in the last five years was growth of 5.0% in Q2 2025, against a decline of 14.6% in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 99.46 million (Q1 2026), 97.48 million (Q4 2025) and 98.11 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 106.56 Bn | 94.66 Bn | - | 360.68 Mn |
| 2 | Intercontinental Exchange | 89.45 Bn | 83.19 Bn | - | 564.00 Mn |
| 3 | Robinhood Markets | 88.18 Bn | 69.22 Bn | - | 899.00 Mn |
| 4 | Nasdaq | 53.47 Bn | 50.90 Bn | 1.50 Bn | 564.16 Mn |
| 5 | Interactive Brokers | 37.14 Bn | 14.26 Bn | - | 447.90 Mn |
| 6 | Cboe Global Markets | 33.00 Bn | 24.66 Bn | 731.60 Mn | 104.70 Mn |
| 7 | LPL Financial Holdings | 25.71 Bn | 21.03 Bn | - | 79.79 Mn |
| 8 | Tradeweb Markets | 25.33 Bn | 17.34 Bn | - | 212.46 Mn |
| 9 | Circle Internet | 21.30 Bn | 15.18 Bn | 288.85 Mn | 248.18 Mn |
| 10 | Lazard | 3.72 Bn | -1.04 Bn | - | 101.36 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 101.36 Mn |
| Mar 31, 2026 | 99.46 Mn |
| Dec 31, 2025 | 97.48 Mn |
| Sep 30, 2025 | 98.11 Mn |
| Jun 30, 2025 | 97.53 Mn |
| Mar 31, 2025 | 95.26 Mn |
| Dec 31, 2024 | 93.14 Mn |
| Sep 30, 2024 | 93.63 Mn |
| Jun 30, 2024 | 92.89 Mn |
| Mar 31, 2024 | 91.26 Mn |
| Dec 31, 2023 | 88.99 Mn |
| Sep 30, 2023 | 89.43 Mn |
| Jun 30, 2023 | 88.73 Mn |
| Mar 31, 2023 | 87.59 Mn |
| Dec 31, 2022 | 95.66 Mn |
| Sep 30, 2022 | 93.28 Mn |
| Jun 30, 2022 | 98.66 Mn |
| Mar 31, 2022 | 102.55 Mn |
| Dec 31, 2021 | 106.04 Mn |
| Sep 30, 2021 | 105.42 Mn |
API Access
Lazard Shares Outstanding 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=shares-outstanding&ticker=LAZ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=LAZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();