Lazard (LAZ) Tax Rate (2009 - 2026)

Lazard (LAZ) posted Tax Rate of 16.46% for Q1 2026, down 133.36% sequentially from 49.34% in Q4 2025, and up 548.0% YoY from 2.54% in Q1 2025.

Lazard (LAZ) Tax Rate (2009 - 2026) Analysis & Trends

Lazard (LAZ) has 18 years of Tax Rate data on file, last reported at 16.46% in Q1 2026.

  • Quarterly Tax Rate rose 548.0% year-over-year to 16.46% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 26.7% (up 51.0% YoY) and the FY2025 annual result came in at 31.91%, down 152.0% from the prior year.
  • Tax Rate fell to 16.46% in Q1 2026 per LAZ's latest filing, from 49.34% in the prior quarter.
  • The five-year high for Tax Rate was 49.34% in Q4 2025, with the low at 21.94% in Q1 2025.
  • Average Tax Rate over 5 years is 24.56%, with a median of 29.95% recorded in 2022.
  • Year-over-year, Tax Rate soared 3623 bps in 2024 and slumped 6431 bps in 2025.
  • Lazard's Tax Rate stood at 29.95% in 2022, then tumbled 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 tumbled by 133 bps to 16.46% in 2026.
  • Business Quant data shows LAZ's Tax Rate at 16.46% in Q1 2026, 49.34% in Q4 2025, and 29.66% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 19.58%
2 Goldman Sachs 309.79 Bn -627.76 Bn - 13.20%
3 Schwab Charles 167.21 Bn 122.24 Bn - 22.24%
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn -16.38%
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 15.82%
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 26.45%
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 23.03%
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 2.47%
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn 2.46%
10 Lazard 4.11 Bn 3.08 Bn - -16.46%

Historic Data

Download Data
DateValue
Mar 31, 2026 -16.46%
Mar 31, 2026 -16.46%
Dec 31, 2025 49.34%
Dec 31, 2025 49.34%
Sep 30, 2025 29.66%
Sep 30, 2025 29.66%
Jun 30, 2025 44.17%
Jun 30, 2025 44.17%
Mar 31, 2025 -21.94%
Mar 31, 2025 -21.94%
Dec 31, 2024 33.89%
Dec 31, 2024 33.89%
Sep 30, 2024 32.50%
Sep 30, 2024 32.50%
Jun 30, 2024 28.26%
Jun 30, 2024 28.26%
Mar 31, 2024 42.38%
Mar 31, 2024 42.38%
Dec 31, 2023 0.77%
Dec 31, 2023 0.77%