Lazard (LAZ) Tax Rate (2009 - 2026)
Lazard's (LAZ) quarterly Tax Rate came in at 158.38% in Q2 2026, up 11421.0% year-over-year from N/an in Q2 2025, and up 1062.14% quarter-over-quarter from 16.46% in Q1 2026.
Analysis
Lazard (LAZ) Tax Rate (2009 - 2026) Analysis & Trends
Lazard has disclosed Tax Rate across 18 years of filings, most recently posting 158.38% for Q2 2026.
- In Q2 2026, Tax Rate rose 11421.0% year-over-year to 158.38%; the TTM figure through Jun 2026 stood at 30.06% (up 20.0% YoY), while the FY2025 annual figure was 31.91%, down 152.0% from the prior year.
- Tax Rate came in at 158.38% for Q2 2026 at Lazard, up from 16.46% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 158.38% in Q2 2026 to a low of 21.94% in Q1 2025.
- Average Tax Rate over 5 years is 31.96%, with a median of 31.22% recorded in 2024.
- Year-over-year, Tax Rate tumbled 6431 bps in 2025 and jumped 11421 bps in 2026.
- Over 5 years, Tax Rate stood at 29.95% in 2022, then plunged by 97 bps to 0.77% in 2023, then soared by 4286 bps to 33.89% in 2024, then jumped by 46 bps to 49.34% in 2025, then surged by 221 bps to 158.38% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 158.38% in Q2 2026, 16.46% in Q1 2026, and 49.34% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Evercore | 10.14 Bn | 8.05 Bn | 975.67 Mn | 27.84% |
| 2 | Jefferies Financial | 9.74 Bn | -5.67 Bn | 3.09 Bn | 20.79% |
| 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 | 20.38% |
| 6 | Moelis | 5.25 Bn | 5.17 Bn | - | 26.77% |
| 7 | Piper Sandler Companies | 4.88 Bn | 4.77 Bn | - | 30.21% |
| 8 | Lazard | 3.95 Bn | 2.96 Bn | - | 158.38% |
| 9 | BRBI BR Partners | 3.50 Bn | 3.38 Bn | 16.77 Mn | -15.99% |
| 10 | Perella Weinberg Partners | 1.40 Bn | 1.59 Bn | - | -4.06% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 158.38% |
| Mar 31, 2026 | -16.46% |
| Dec 31, 2025 | 49.34% |
| Sep 30, 2025 | 29.66% |
| Jun 30, 2025 | 44.17% |
| Mar 31, 2025 | -21.94% |
| Dec 31, 2024 | 33.89% |
| Sep 30, 2024 | 32.50% |
| Jun 30, 2024 | 28.26% |
| Mar 31, 2024 | 42.38% |
| Dec 31, 2023 | 0.77% |
| Sep 30, 2023 | 48.24% |
| Jun 30, 2023 | -7.97% |
| Mar 31, 2023 | 37.96% |
| Dec 31, 2022 | 29.95% |
| Sep 30, 2022 | 25.53% |
| Jun 30, 2022 | 32.64% |
| Mar 31, 2022 | 27.99% |
| Dec 31, 2021 | 23.02% |
| Sep 30, 2021 | 29.31% |