Lazard (LAZ) Tax Rate (2009 - 2026)

Lazard's (LAZ) quarterly Tax Rate came in at 16.46% in Q1 2026, up 548.0% year-on-year from 2.54% in Q1 2025, and down 133.36% quarter-over-quarter from 49.34% in Q4 2025.

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

Lazard has disclosed Tax Rate across 18 years of filings, most recently posting 16.46% for Q1 2026.

  • Tax Rate for Q1 2026 came in at 16.46%, up 548.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 26.7% (up 51.0% YoY), and the FY2025 annual result was 31.91%, down 152.0% from the prior year.
  • Tax Rate came in at 16.46% for Q1 2026 at Lazard, down from 49.34% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 49.34% in Q4 2025 to a low of 21.94% in Q1 2025.
  • The 5-year median for Tax Rate is 29.95% (2022), against an average of 24.56%.
  • Across the five-year window, Tax Rate surged 3623 bps in 2024 and plunged 6431 bps in 2025, its largest moves.
  • Lazard's Tax Rate stood at 29.95% in 2022, then slumped 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 slumped by 133 bps to 16.46% in 2026.
  • The last three Tax Rate figures came in at 16.46% (Q1 2026), 49.34% (Q4 2025), and 29.66% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 SOL Strategies 100,773.79 Bn 100,773.79 Bn - -
2 Morgan Stanley 331.35 Bn 197.82 Bn - 19.58%
3 Goldman Sachs 317.73 Bn -619.82 Bn - 13.20%
4 Schwab Charles 153.74 Bn 108.77 Bn - 22.24%
5 Robinhood Markets 75.98 Bn 71.34 Bn 960.00 Mn 15.82%
6 Interactive Brokers 38.91 Bn 49.50 Bn - 9.08%
7 LPL Financial Holdings 22.76 Bn 21.73 Bn - 26.45%
8 Tradeweb Markets 20.90 Bn 19.65 Bn - 23.03%
9 Circle Internet 20.00 Bn 18.49 Bn 35.01 Mn 2.47%
10 Lazard 4.57 Bn 3.54 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%