Lazard, Inc.LAZ

Market cap

$882.69M

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
Financial Advisory Fees	-	-	-	-	-	-	-	-	1,554	1,371	1,418	1,786	1,659	1,384	1,747
Asset management fees	-	-	-	-	-	-	-	-	1,268	1,181	1,117	1,355	1,126	1,078	1,115
Revenue	2,003	1,920	1,994	2,065	2,363	2,405	2,384	2,698	2,885	2,667	2,647	3,274	2,855	2,593	3,140
Interest income	21	15	6	5	5	5	5	7	13	16	6	6	29	42	54
Other	64	75	90	93	75	87	81	110	-	-	106	127	41	90	224
Interest expense	-	-	82	79	63	51	50	54	58	80	81	81	82	78	88
Net revenue	-	-	-	-	2,300	2,354	2,333	2,644	2,826	2,587	2,566	3,193	2,774	2,515	3,052
Compensation and benefits	1,194	1,169	1,351	1,279	1,314	1,320	1,341	1,513	1,515	1,563	1,551	1,896	1,656	1,946	2,003
Occupancy, Net	88	101	113	123	112	110	109	125	-	-	128	128	122	131	133
Marketing and Advertising Expense	-	-	-	-	-	-	-	-	109	115	42	43	83	99	99
Technology and information services	-	-	-	-	-	-	-	-	-	-	134	147	172	190	184
Professional Fees	-	-	44	43	47	50	46	48	61	72	66	78	70	89	87
Fund administration and outsourced services	-	-	-	-	-	-	-	-	133	114	103	131	110	111	107
Benefit pursuant to tax receivable agreement	2	0	-	-	18	548	-	-203	-6	-1	-0	2	-1	-44	-8
Other	40	39	38	82	40	99	41	44	89	44	39	45	45	73	60
Total operating expenses	1,662	1,594	1,789	1,769	1,781	2,370	1,816	1,819	2,146	2,194	2,064	2,469	2,257	2,595	2,665
OPERATING INCOME (LOSS)	244	235	124	217	519	-17	517	825	681	393	502	724	517	-80	386
Income Tax Expense (Benefit)	49	45	31	52	85	-1,010	124	566	148	95	99	181	124	-23	100
NET INCOME (LOSS)	194	191	93	165	434	993	394	260	532	298	403	543	392	-57	287
Net Income (Loss) Attributable to Noncontrolling Interest	19	16	8	5	7	7	6	6	5	11	0	14	35	18	7
NET INCOME (LOSS) ATTRIBUTABLE TO LAZARD	194	191	93	165	434	993	394	260	532	298	403	543	392	-57	287
Basic (in usd per share)	1.68	1.48	0.72	1.33	3.49	7.87	3.11	2.09	4.43	2.57	3.69	4.9	3.68	-0.9	2.93
Diluted (in usd per share)	1.36	1.36	0.65	1.21	3.2	7.4	2.92	1.91	4.06	2.44	3.54	4.63	3.51	-0.9	2.68