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| 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% |