Stock AnalizLazard, Inc. LAZ
Investment Managers · IPO 2005 · data as of November 13, 2026
Lazard, Inc. (LAZ) is a financial company listed in the US with a market value of about $4.3B. In the twelve months to September 30, 2026 it had revenue of $3.4B and net income of $177M, a net margin of 5.2%.
Its overall Stock Analiz score is 1.8 out of 5 (weak). The strongest part is value (3/5); the weakest is future growth (1/5).
Key numbers: a P/E of 24.5, a price to free cash flow of 6.3, 5-year revenue growth of 4% a year, a 5-year average ROIC of 10%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 60% above the current price.
Score: 1.8 / 5
Checks passed
- P/E below 25
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- Profit margin improving
- ROE above 15%
- Positive free cash flow
- Pays a dividend
- 20% to 100% of free cash flow returned to shareholders
Checks not passed
- P/E below the industry median
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
- 5-year revenue growth above 8% a year
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.4B | $3.2B | $3.1B | $2.6B | $2.9B | $3.3B | $2.6B | $2.7B | $2.9B | $2.7B | $2.4B |
| Net income | $177M | $237M | $280M | -$75M | $358M | $528M | $402M | $286M | $527M | $254M | $388M |
| Free cash flow | $685M | $487M | $697M | $136M | $784M | $826M | $512M | $635M | $649M | $1.0B | $594M |
| EPS (diluted) | $1.65 | $2.17 | $2.68 | $-0.90 | $3.51 | $4.63 | $3.54 | $2.44 | $4.06 | $1.91 | $2.92 |
| Net margin | 5.2% | 7.4% | 8.9% | -2.9% | 12.5% | 16.1% | 15.2% | 10.7% | 18.3% | 9.4% | 16.3% |
| ROIC | — | 8.2% | 10.1% | -2.2% | 14.8% | 17.8% | 12.4% | 10.6% | 18.3% | 27.3% | 16.9% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 8 analysts is $43.00, 6% above the current price; targets range from $35.00 to $60.00; the consensus rating is “none”; expected EPS is $1.25 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Lazard’s P/E ratio?
About 24.5, based on the last twelve months of diluted earnings per share (forward P/E about 16.2).
Is Lazard stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 60% above the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Lazard pay a dividend?
Yes. The dividend yield is about 4.77%, and it has paid dividends for 10 years in our data.
Is Lazard a good stock to buy?
We do not give buy or sell advice. Lazard scores 1.8 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.