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| Date | Value |
|---|---|
| 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% |