Lazard (LAZ) Tax Rate (2009 - 2026)
Lazard (LAZ) posted Tax Rate of 158.38% for Q2 2026, up 114.21 percentage points from 44.17% a year earlier and up 174.84 percentage points from the prior quarter.
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Analysis
Lazard (LAZ) Tax Rate (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at Lazard was 30.06%, up 0.20 percentage points year-over-year; for FY2025, it came in at 31.91%, down 1.52 percentage points from FY2024.
- Annual Tax Rate shows a five-year change of +13.88 percentage points (FY2020 to FY2025).
- In prior years, Lazard's Tax Rate was 33.43% in FY2024 (+19.06 pp), 14.37% in FY2023 (-8.00 pp), 22.37% in FY2022 (-1.41 pp) and 23.78% in FY2021 (+5.74 pp).
- The Q2 2026 figure stands as the highest quarterly Tax Rate since Q1 2013.
- On a year-over-year basis, Tax Rate has increased in each of the last three quarters, with an average year-over-year change of +12.66 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q2 2026, with a gain of 114.21 percentage points; the weakest was Q1 2025, with a drop of 64.31 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was -16.46% (Q1 2026), 49.34% (Q4 2025) and 29.66% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 109.27 Bn | 97.61 Bn | - | 23.46% |
| 2 | Bank of New York Mellon | 98.55 Bn | 37.92 Bn | - | 20.95% |
| 3 | Intercontinental Exchange | 91.26 Bn | 85.07 Bn | - | 24.24% |
| 4 | Robinhood Markets | 85.47 Bn | 66.56 Bn | - | 19.18% |
| 5 | Nasdaq | 57.27 Bn | 54.71 Bn | 1.48 Bn | 23.11% |
| 6 | State Street | 46.11 Bn | 46.11 Bn | - | 21.96% |
| 7 | Interactive Brokers | 36.17 Bn | 29.63 Bn | - | 8.10% |
| 8 | Cboe Global Markets | 35.59 Bn | 27.25 Bn | 731.60 Mn | 28.62% |
| 9 | Northern Trust | 30.73 Bn | 30.73 Bn | - | 25.59% |
| 10 | Lazard | 4.11 Bn | -537.07 Mn | - | 158.38% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 158.38% |
| Dec 31, 2025 | 49.34% |
| Sep 30, 2025 | 29.66% |
| Jun 30, 2025 | 44.17% |
| 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% |
| 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% |
| Jun 30, 2021 | 28.29% |
| Mar 31, 2021 | 37.96% |
| Dec 31, 2020 | 11.52% |
| Sep 30, 2020 | 33.40% |
| Jun 30, 2020 | 30.03% |
API Access
Lazard Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=LAZ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "LAZ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=LAZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();