Financial Advisory was Lazard’s largest segment in fiscal 2018, bringing in $1.56B of $2.89B (54%).
| Statement Business Segments | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 |
|---|---|---|---|---|---|
| Financial Advisory | $1.28B | $1.30B | $1.39B | $1.56B | |
| Asset Management | $1.11B | $1.05B | $1.26B | $1.33B | |
| Corporate | — | — | $809.00K | — | |
| Total | $2.39B | $2.35B | $2.64B | $2.89B |
Lazard brought in $2.89B from its two segments in fiscal 2018, the year ended December 31, 2018. Lazard regrouped these segments after fiscal 2017, so the total does not compare directly with that year's $2.64B. Financial Advisory was the largest at $1.56B (53.9%), ahead of Asset Management at $1.33B (46.1%).
Compared with fiscal 2017, Financial Advisory grew 12.1% to $1.56B and Asset Management grew 6.1% to $1.33B. From fiscal 2015 to 2018, combined revenue from these segments grew from $2.39B to $2.89B, a compound annual growth rate of 6.5%. Financial Advisory's share held steady at about 53.9%.
Lazard stopped reporting Corporate as a separate segment after fiscal 2017, when it brought in $809.00K.
Americas was Lazard’s largest region in fiscal 2017, bringing in $1.56B of $2.64B (59%).
| Geography | FY 2017 |
|---|---|
| Americas | $1.56B |
| Emea | $903.53M |
| Asia Pacific | $182.72M |
| Total | $2.64B |
Lazard brought in $2.64B from its three regions in fiscal 2017, the year ended December 31, 2017. Americas was the largest at $1.56B (58.9%), ahead of Emea at $903.53M (34.2%) and Asia Pacific at $182.72M (6.9%).
Lazard (LAZ) reports its revenue by statement business segments and by geography. In fiscal 2018, Financial Advisory was its largest segment, bringing in $1.56B (53.9% of the total), followed by Asset Management at $1.33B (46.1%).
Financial Advisory was Lazard's largest segment in fiscal 2018, bringing in $1.56B, or 53.9% of the $2.89B total across its two segments.
Americas was Lazard's largest region in fiscal 2017, bringing in $1.56B, or 58.9% of the $2.64B total across its three regions.
Every figure comes from Lazard's annual financial filings, as reported. Each line keeps the name Lazard gives it, and years follow its fiscal calendar.
Lazard's revenue by statement business segments goes back to fiscal 2014, with figures through fiscal 2018. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.