Lazard (LAZ) Shares Outstanding (Diluted) (2009 - 2026)
Lazard (LAZ) posted Shares Outstanding (Diluted) of 107.34 million for Q2 2026, up 2.3% from 104.91 million a year earlier and up 0.5% from the prior quarter.
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Analysis
Lazard (LAZ) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
For FY2025, Lazard's Shares Outstanding (Diluted) came in at 106.34 million, up 3.9% from FY2024.
- Annual Shares Outstanding (Diluted) shows a five-year compound annual growth rate of -1.3% (FY2020 to FY2025).
- In prior years, Lazard's Shares Outstanding (Diluted) was 102.39 million in FY2024 (+15.1%), 88.99 million in FY2023 (-11.9%), 101 million in FY2022 (-11.2%) and 113.67 million in FY2021 (+0.2%).
- Quarterly Shares Outstanding (Diluted) has run from a low of 87.59 million in Q1 2023 to a high of 113.67 million in Q4 2021 over five years.
- On a year-over-year basis, Shares Outstanding (Diluted) has increased in each of the last ten quarters, with growth averaging 5.9% over the last eight quarters.
- The strongest year-over-year quarter for Shares Outstanding (Diluted) in the past five years was Q4 2024, with growth of 15.1%; the weakest was Q1 2023, with a decline of 19.0%.
- According to Business Quant data, Shares Outstanding (Diluted) for the three prior quarters was 106.79 million (Q1 2026), 106.34 million (Q4 2025) and 108 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 109.93 Bn | 98.03 Bn | - | 361.28 Mn |
| 2 | Intercontinental Exchange | 91.85 Bn | 85.66 Bn | - | 566.00 Mn |
| 3 | Robinhood Markets | 86.83 Bn | 67.92 Bn | - | 912.00 Mn |
| 4 | Nasdaq | 57.69 Bn | 55.13 Bn | 1.48 Bn | 563.31 Mn |
| 5 | Interactive Brokers | 37.07 Bn | 30.53 Bn | - | 450.09 Mn |
| 6 | Cboe Global Markets | 34.37 Bn | 26.02 Bn | 731.60 Mn | 104.90 Mn |
| 7 | Tradeweb Markets | 28.54 Bn | 21.25 Bn | - | 212.80 Mn |
| 8 | LPL Financial Holdings | 25.11 Bn | 20.43 Bn | - | 80.03 Mn |
| 9 | Circle Internet | 20.23 Bn | 14.11 Bn | 288.85 Mn | 268.64 Mn |
| 10 | Lazard | 4.13 Bn | -523.81 Mn | - | 107.34 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 107.34 Mn |
| Mar 31, 2026 | 106.79 Mn |
| Dec 31, 2025 | 106.34 Mn |
| Sep 30, 2025 | 108.00 Mn |
| Jun 30, 2025 | 104.91 Mn |
| Mar 31, 2025 | 104.83 Mn |
| Dec 31, 2024 | 102.39 Mn |
| Sep 30, 2024 | 103.48 Mn |
| Jun 30, 2024 | 100.63 Mn |
| Mar 31, 2024 | 99.35 Mn |
| Dec 31, 2023 | 88.99 Mn |
| Sep 30, 2023 | 94.31 Mn |
| Jun 30, 2023 | 88.73 Mn |
| Mar 31, 2023 | 87.59 Mn |
| Dec 31, 2022 | 101.00 Mn |
| Sep 30, 2022 | 98.87 Mn |
| Jun 30, 2022 | 102.75 Mn |
| Mar 31, 2022 | 108.19 Mn |
| Dec 31, 2021 | 113.67 Mn |
| Sep 30, 2021 | 112.99 Mn |
API Access
Lazard Shares Outstanding (Diluted) 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-diluted&ticker=LAZ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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-diluted&ticker=LAZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();