Lazard, Inc.LAZ

Market cap

$898.53M

P/E ratio

	Dec 31, 2010	Dec 31, 2011	Dec 31, 2012	Dec 31, 2013	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Net income (loss)	194	191	93	165	434	993	394	260	532	298	403	543	392	-57	287
Amortization of deferred expenses and share-based incentive compensation	-	-	-	-	-	-	-	-	-	-	-	-	-	-	448
Noncash lease expense	-	-	-	-	-	-	-	-	-	-	-	-	61	64	67
Depreciation, Depletion and Amortization	-	-	-	35	34	33	33	31	34	36	35	38	42	43	36
Currency translation adjustment reclassification	-	-	-	-	-	-	-	-	-	-	-	24	0	2	-
Deferred tax provision (benefit)	8	7	-4	14	16	-1,101	64	501	45	25	47	91	43	-81	11
Benefit pursuant to tax receivable agreement	2	0	-	-	18	548	-	-203	-6	-1	-0	2	-1	-44	-8
Gain on sale of owned office building	-	-	-	-	-	-	-	-	-	-	-	-	-	-	114
Impairment of equity method investments and other receivables	-	-	-	-	-	-	-	-	-	-	-	-	-	23	-
Impairment of assets associated with cost-saving initiatives	-	-	-	-	-	-	-	-	-	-	-	-	-	9	-
Loss on LGAC liquidation	-	-	-	-	-	-	-	-	-	-	-	-	-	18	-
Other adjustments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0
Receivables-net	53	-61	-31	30	76	-33	156	-96	132	-36	72	82	-141	101	4
Investments	51	-32	30	62	159	-64	-72	-29	151	-55	199	459	-178	145	-73
Other assets	12	62	63	61	112	90	56	81	139	132	-1	33	55	48	65
Accrued compensation and benefits and other liabilities	-	-	-	-	-	-	-	-	153	-90	-53	274	-373	52	12
Net cash provided by operating activities	169	398	482	527	-	-	-	-	699	678	576	866	834	165	743
Additions to property	13	46	89	61	22	27	39	28	50	43	64	40	50	28	45
Proceeds from sale of property	-	-	-	-	-	-	-	-	-	-	-	-	-	-	194
Purchase of equity method investment	-	-	-	-	-	-	-	-	-	-	-	-	-	-	17
Purchase of debt securities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	98
Proceeds from sales and maturities of debt securities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	100
Other disposals of property	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2
Acquisition of business, net of cash acquired	-	-	-	-	-	-	-	-	-	-	-	-	-	11	-
Other investing activities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1
Net cash provided by (used in) investing activities	412	-45	-85	-55	-	-	-	-	-46	-42	-63	-39	-56	-38	134
Proceeds From (Payments To) Customer Deposits Net	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-48
Issuance of senior debt, net of expenses	-	-	-	493	-	396	297	-	491	492	-	-	-	-	396
Proceeds from Noncontrolling Interests	5	18	2	1	2	0	0	-	2	2	0	0	1	2	2
Extinguishment of senior debt	10	132	-	578	-	509	101	-	256	256	-	-	-	-	399
Distributions to noncontrolling interests	-	-	-	14	13	16	2	5	13	13	3	11	32	6	2
Tax receivable agreement	-	-	-	-	-	1	10	1	-	24	25	10	21	32	31
Distribution to redeemable noncontrolling interests in connection with LGAC redemption	-	-	-	-	-	-	-	-	-	-	-	-	-	586	-
Purchase of common stock	150	205	354	132	193	173	300	307	553	495	95	406	692	102	60
Common stock dividends	51	71	135	122	146	291	336	341	360	255	197	196	182	173	179
Settlement of share-based incentive compensation in satisfaction of tax withholding requirements	-	-	-	-	-	-	-	-	-	-	-	68	62	55	64
LFI Consolidated Funds redemptions	-	-	-	-	-	-	-	-	-	-	-	21	10	35	36
Other financing activities	0	33	0	0	2	2	5	11	6	8	12	8	11	12	19
Net cash used in financing activities	-278	-552	-563	-487	-	-	-	-	-726	-444	-547	196	-1,382	-1,571	-440
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS AND RESTRICTED CASH	-	-	-	-	-	-	-	-	-90	-28	148	-162	-186	30	-53
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH	-	-	-	-	-	-	-	-	-163	164	113	861	-791	-1,414	384