Financial Snapshot

Revenue
$3.127B
TTM
Gross Margin
94.29%
TTM
Net Earnings
$255.6M
TTM
Current Assets
Current Liabilities
Current Ratio
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$764.5M
Q3 2024
Cash
Q3 2024
P/E
20.06
Nov 29, 2024 EST
Free Cash Flow
$236.2M
TTM

Revenues

Revenues

Loading...

Revenue YoY Change

Loading...

Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
Revenue $2.593B $2.855B $3.274B $2.647B $2.667B $2.885B $2.698B $2.384B $2.405B $2.363B $2.065B $1.994B $1.920B $2.003B $1.638B $1.697B $2.055B $1.598B $1.380B $1.134B $1.088B $1.230B $1.705B
YoY Change -9.17% -12.79% 23.69% -0.76% -7.55% 6.93% 13.18% -0.88% 1.77% 14.45% 3.55% 3.87% -4.17% 22.26% -3.46% -17.41% 28.6% 15.8% 21.63% 4.27% -11.53% -27.89%

Expenses

Cost Of Revenues

Loading...

Gross Profit

Loading...

Gross Profit Margin

Loading...

Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
Revenue $2.593B $2.855B $3.274B $2.647B $2.667B $2.885B $2.698B $2.384B $2.405B $2.363B $2.065B $1.994B $1.920B $2.003B $1.638B $1.697B $2.055B $1.598B $1.380B $1.134B $1.088B $1.230B $1.705B
Cost Of Revenue $188.6M $191.5M $211.3M $183.7M $194.2M $191.4M $124.8M $113.7M $112.5M $128.0M $138.7M $133.0M $142.9M $145.3M $145.8M $170.7M $159.2M $119.5M $88.20M $39.60M $35.00M $63.40M $533.2M
Gross Profit $2.423B $2.664B $3.063B $2.463B $2.473B $2.693B $2.573B $2.270B $2.292B $2.235B $1.926B $1.861B $1.777B $1.858B $1.493B $1.526B $1.896B $1.478B $1.292B $1.095B $1.053B $1.166B $1.172B
Gross Profit Margin 93.42% 93.29% 93.55% 93.06% 92.72% 93.36% 95.37% 95.23% 95.32% 94.58% 93.29% 93.33% 92.55% 92.75% 91.1% 89.94% 92.25% 92.52% 93.61% 96.51% 96.78% 94.84% 68.73%

Selling, General & Admin Expense

Loading...

Research & Development

Loading...

Depreciation, Depletion & Amortization

Loading...

SGA Expense to Gross Profit Ratio

Loading...

R&D To Gross Profit Ratio

Loading...

DDA To Gross Profit Ratio

Loading...

Operating Expenses Total

Loading...

Operating Profits/Loss

Loading...

Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
Selling, General & Admin $2.219B $2.102B $2.293B $1.920B $2.017B $1.939B $1.694B $1.676B $2.204B $1.669B $1.619B $1.691B $1.490B $1.479B $1.575B $1.445B $1.414B $1.125B $913.8M $684.8M $579.1M $710.9M $754.7M
YoY Change 5.56% -8.35% 19.43% -4.79% 4.01% 14.46% 1.07% -23.95% 32.03% 3.11% -4.25% 13.47% 0.73% -6.06% 8.98% 2.21% 25.65% 23.12% 33.44% 18.25% -18.54% -5.8%
% of Gross Profit 91.59% 78.91% 74.88% 77.96% 81.56% 71.99% 65.84% 73.83% 96.15% 74.68% 84.05% 90.84% 83.86% 79.62% 105.5% 94.66% 74.58% 76.11% 70.75% 62.55% 55.0% 60.95% 64.39%
Research & Development $189.7M $171.7M $146.8M $133.5M $143.7M $139.7M
YoY Change 10.46% 16.99% 9.9% -7.09% 2.9%
% of Gross Profit 7.83% 6.45% 4.79% 5.42% 5.81% 5.19%
Depreciation & Amortization $42.85M $42.34M $38.32M $35.10M $35.57M $34.10M $31.50M $33.26M $32.79M $34.46M $34.75M $30.86M $24.58M $30.60M $27.50M $25.40M $38.20M $14.30M $15.30M $16.90M $14.00M $12.20M $22.00M
YoY Change 1.22% 10.49% 9.18% -1.34% 4.31% 8.27% -5.31% 1.46% -4.87% -0.82% 12.62% 25.53% -19.67% 11.27% 8.27% -33.51% 167.13% -6.54% -9.47% 20.71% 14.75% -44.55%
% of Gross Profit 1.77% 1.59% 1.25% 1.42% 1.44% 1.27% 1.22% 1.47% 1.43% 1.54% 1.8% 1.66% 1.38% 1.65% 1.84% 1.66% 2.02% 0.97% 1.18% 1.54% 1.33% 1.05% 1.88%
Operating Expenses $189.7M $171.7M $146.8M $133.5M $143.7M $139.7M $1.748B $1.753B $2.309B $1.716B $1.709B $1.737B $1.541B $1.527B $1.612B $1.501B $1.477B $1.151B $949.2M $727.0M $614.2M $790.2M $813.1M
YoY Change 10.46% 16.99% 9.9% -7.09% 2.9% -92.01% -0.28% -24.1% 34.58% 0.37% -1.61% 12.71% 0.93% -5.28% 7.39% 1.62% 28.34% 21.27% 30.56% 18.37% -22.27% -2.82%
Operating Profit -$79.96M $516.8M $723.8M $502.1M $392.7M $680.8M $825.4M $517.5M -$16.62M $519.5M $216.8M $123.9M $235.5M $243.7M -$119.6M $25.10M $418.3M $327.2M $342.4M $367.8M $438.7M $376.1M $359.0M
YoY Change -115.47% -28.6% 44.15% 27.87% -42.32% -17.53% 59.52% -3213.48% -103.2% 139.6% 75.01% -47.39% -3.35% -303.72% -576.49% -94.0% 27.84% -4.44% -6.91% -16.16% 16.64% 4.76%

Interest Expenses

Loading...

Interest Expenses To Operating Income %

Loading...

Other Expense/Income

Loading...

Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
Interest Expense $77.67M $81.52M $80.77M $80.63M $80.19M $58.48M $53.52M $50.29M $51.16M $62.57M $79.38M $81.57M $90.13M $97.71M
YoY Change -4.72% 0.93% 0.17% 0.56% 37.11% 9.27% 6.41% -1.69% -18.24% -21.18% -2.68% -9.5% -7.76%
% of Operating Profit 15.77% 11.16% 16.06% 20.42% 8.59% 6.48% 9.72% 12.05% 36.61% 65.84% 38.27% 40.1%
Other Income/Expense, Net $72.67M $44.85M $45.32M $38.93M $43.95M $89.49M $44.07M $41.22M $99.14M $39.98M $80.26M $38.10M $39.72M $40.01M
YoY Change 62.01% -1.03% 16.41% -11.42% -50.89% 103.06% 6.91% -58.42% 147.96% -50.18% 110.66% -4.07% -0.73%

Income/Loss

Pretax Income

Loading...

Income Tax

Loading...

Net Profits/Loss

Loading...

Pretax Income YoY Change

Loading...

Income Tax Rate

Loading...

Net Profits/Loss YoY Change

Loading...

Basic EPS

Loading...

Net Income To Revenue Ratio

Loading...

Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
Pretax Income -$79.96M $516.8M $723.8M $502.1M $392.7M $680.8M $825.4M $517.5M -$16.60M $519.5M $216.8M $123.9M $235.5M $243.7M -$182.2M $25.10M $418.3M $327.2M $342.4M $367.8M $438.7M $376.0M $359.0M
YoY Change -115.47% -28.6% 44.16% 27.86% -42.32% -17.52% 59.5% -3217.47% -103.2% 139.62% 74.98% -47.39% -3.36% -233.75% -825.9% -94.0% 27.84% -4.44% -6.91% -16.16% 16.68% 4.74%
Income Tax -$22.65M $124.4M $181.3M $99.45M $94.98M $148.3M $565.6M $123.8M -$1.010B $85.40M $51.69M $31.10M $44.94M $49.23M $6.000M $25.40M $80.60M $68.80M $59.00M $28.30M $37.00M $38.60M $51.30M
% Of Pretax Income 24.06% 25.05% 19.81% 24.19% 21.79% 68.52% 23.92% 16.44% 23.84% 25.1% 19.08% 20.2% 101.2% 19.27% 21.03% 17.23% 7.69% 8.43% 10.27% 14.29%
Net Earnings -$75.48M $357.5M $528.1M $402.5M $286.5M $527.1M $253.6M $387.7M $986.4M $427.3M $160.2M $84.31M $174.9M $175.0M -$130.2M $3.100M $155.0M $93.00M $143.5M $247.0M $250.4M $297.4M $305.8M
YoY Change -121.11% -32.3% 31.21% 40.48% -45.65% 107.87% -34.59% -60.69% 130.85% 166.69% 90.03% -51.8% -0.04% -234.39% -4300.0% -98.0% 66.67% -35.19% -41.9% -1.36% -15.8% -2.75%
Net Earnings / Revenue -2.91% 12.52% 16.13% 15.21% 10.74% 18.27% 9.4% 16.26% 41.02% 18.08% 7.76% 4.23% 9.11% 8.74% -7.95% 0.18% 7.54% 5.82% 10.4% 21.77% 23.02% 24.18% 17.93%
Basic Earnings Per Share -$0.90 $3.68 $4.90 $3.69 $2.57 $4.43 $2.09 $3.11 $7.87 $3.49 $1.33 $0.72 $1.48 $1.68
Diluted Earnings Per Share -$0.90 $3.51 $4.63 $3.54 $2.44 $4.06 $1.91 $2.92 $7.40 $3.20 $1.21 $0.65 $1.36 $1.36 -$1.663M $50.90K $2.492M $2.104M $3.816M $6.587M $6.677M $7.931M $8.155M

Assets & Liabilities

Cash & Short-Term Investments

Loading...

Cash & Equivalents

Loading...

Cash To Operating Expenses Ratio

Loading...

Inventory

Loading...

Receivables

Loading...

Total Short-Term Assets

Loading...

Property, Plant And Equipment

Loading...

Long-Term Investments

Loading...

Total Long-Term Assets

Loading...

Total Assets

Loading...

Net Income To Total Assets Percentage

Loading...

Accounts Payable

Loading...

Short-Term Debt

Loading...

Long Term Debt Due

Loading...

Total Short-Term Liabilities

Loading...

Long-Term Debt

Loading...

Other Long-Term Liabilities

Loading...

Total Long-Term Liabilities

Loading...

Total Liabilities

Loading...

Short-Term To Long-Term Debt Ratio

Loading...

Short-Term Assets To Debt Ratio

Loading...

Long-Term Debt To Net Income Ratio

Loading...

Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
Cash & Short-Term Investments $1.191B $2.014B $3.430B $2.569B $2.456B $2.292B $2.455B $1.608B $1.557B $1.318B $1.148B $1.208B $1.365B $1.659B $1.081B $1.153B $1.576B $1.707B $860.8M $663.7M $526.3M $644.2M
YoY Change -40.87% -41.28% 33.53% 4.61% 7.14% -6.64% 52.71% 3.25% 18.16% 14.73% -4.93% -11.53% -17.71% 53.44% -6.25% -26.83% -7.63% 98.25% 29.7% 26.11% -18.3%
Cash & Equivalents $1.191B $2.014B $3.430B $2.569B $2.456B $2.292B $2.455B $1.608B $1.557B $1.318B $1.148B $1.208B $1.365B $1.659B $1.081B $1.153B $1.576B $1.707B $860.8M $663.7M $526.3M $644.2M
Short-Term Investments
Other Short-Term Assets $233.4M $217.8M $238.2M $183.9M $117.7M $142.6M $117.0M $85.40M $34.90M $104.0M $94.00M $80.80M $86.30M $95.00M $65.30M $75.30M $65.80M $38.80M $20.60M $11.30M $82.70M $63.10M
YoY Change 7.15% -8.53% 29.5% 56.24% -17.46% 21.88% 37.0% 144.7% -66.44% 10.64% 16.34% -6.37% -9.16% 45.48% -13.28% 14.44% 69.59% 88.35% 82.3% -86.34% 31.06%
Inventory
Prepaid Expenses
Receivables $560.6M $491.9M $669.5M $621.9M $537.4M $501.4M $487.8M $564.3M $423.8M $483.7M $452.5M $400.5M $402.8M $480.3M $437.5M $391.3M $520.9M $417.5M $280.9M $282.6M $319.4M $214.8M
Other Receivables $201.8M $160.9M $136.3M $121.2M $125.7M $184.1M $83.80M $74.00M $73.40M $73.90M $60.20M $77.50M $101.7M $88.40M $88.20M $92.10M $80.50M $96.40M $119.2M $98.00M $144.0M $177.2M
Total Short-Term Assets $2.187B $2.885B $4.474B $3.496B $3.236B $3.120B $3.143B $2.331B $2.054B $1.979B $1.755B $1.767B $1.956B $2.323B $1.672B $1.712B $2.244B $2.259B $1.261B $1.044B $989.7M $1.036B
YoY Change -24.2% -35.52% 27.98% 8.02% 3.73% -0.74% 34.84% 13.49% 3.78% 12.77% -0.66% -9.68% -15.79% 38.9% -2.32% -23.69% -0.69% 79.17% 20.74% 5.52% -4.49%
Property, Plant & Equipment $639.7M $681.7M $716.1M $771.5M $771.3M $212.9M $205.3M $209.0M $207.2M $222.6M $248.8M $225.0M $168.4M $150.5M $166.9M $171.4M $185.5M $168.3M $156.6M $199.5M $192.5M $134.9M
YoY Change -6.15% -4.8% -7.19% 0.03% 262.28% 3.7% -1.77% 0.87% -6.92% -10.53% 10.58% 33.61% 11.89% -9.83% -2.63% -7.6% 10.22% 7.47% -21.5% 3.64% 42.7%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $702.0M $699.0M $1.007B $658.5M $532.0M $575.1M $427.2M $459.4M $541.9M $620.4M $478.1M $414.7M $378.5M $417.4M $807.7M $620.0M $1.089B $678.4M $380.9M $660.2M $1.063B $702.3M
YoY Change 0.43% -30.61% 52.97% 23.78% -7.49% 34.62% -7.01% -15.22% -12.65% 29.76% 15.29% 9.56% -9.32% -48.32% 30.27% -43.06% 60.5% 78.1% -42.31% -37.9% 51.39%
Other Assets $531.4M $1.033B $435.3M $538.4M $586.8M $597.8M $650.3M $1.076B $1.131B $66.20M $9.200M $4.900M $5.900M $7.600M $7.600M $9.000M $12.70M $8.100M $0.00 $1.489B
YoY Change -48.56% 137.31% -19.15% -8.25% -1.84% -8.07% -39.55% -4.85% 1607.85% 619.57% 87.76% -16.95% -22.37% 0.0% -15.56% -29.13% 56.79% -100.0%
Total Long-Term Assets $2.449B $2.968B $2.673B $2.476B $2.403B $1.877B $1.785B $2.225B $2.424B $1.353B $1.256B $1.220B $1.126B $1.100B $1.476B $1.151B $1.597B $949.5M $650.0M $2.455B $2.268B $1.425B
YoY Change -17.48% 11.03% 7.96% 3.03% 28.02% 5.15% -19.77% -8.19% 79.14% 7.72% 2.93% 8.39% 2.37% -25.47% 28.22% -27.94% 68.18% 46.08% -73.52% 8.26% 59.18%
Total Assets $4.636B $5.853B $7.147B $5.972B $5.640B $4.997B $4.929B $4.557B $4.478B $3.332B $3.011B $2.987B $3.082B $3.423B $3.148B $2.863B $3.840B $3.209B $1.911B $3.499B $3.257B $2.461B
YoY Change
Accounts Payable $1.443B $1.201B $1.246B $1.154B $992.3M $472.3M $506.7M $316.6M $275.4M $269.8M $288.4M $361.6M $322.1M $541.8M $858.7M $1.195B $153.9M $130.9M $229.6M $313.4M
YoY Change 20.1% -3.61% 7.97% 16.32% 110.1% -6.79% 60.04% 14.96% 2.08% -6.45% -20.24% 12.26% -40.55% -36.9% -28.14% 676.48% 17.57% -42.99% -26.74%
Accrued Expenses $1.462B $1.446B $1.722B $1.522B $1.426B $751.6M $749.3M $666.3M $570.4M $739.0M $659.7M $614.8M $533.8M $635.5M $647.3M $319.1M $644.7M $574.8M $346.1M $152.7M $181.0M $160.6M
YoY Change 1.12% -16.05% 13.14% 6.72% 89.78% 0.31% 12.46% 16.81% -22.81% 12.02% 7.3% 15.17% -16.0% -1.82% 102.85% -50.5% 12.16% 66.08% 126.65% -15.64% 12.7%
Deferred Revenue
YoY Change
Short-Term Debt $448.1M $926.5M $6.828M $1.200M $12.90M $3.900M $7.300M $4.500M $0.00 $9.300M $4.000M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $367.6M $407.2M $398.4M $405.0M
YoY Change -51.64% 13468.91% 469.0% -90.7% 230.77% -46.58% 62.22% -100.0% 132.5% -100.0% -9.72% 2.21% -1.63%
Long-Term Debt Due $0.00 $0.00 $0.00 $0.00
YoY Change
Total Short-Term Liabilities $1.910B $2.372B $3.172B $2.725B $2.686B $1.910B $1.749B $1.143B $1.077B $1.065B $944.1M $888.2M $828.3M $999.9M $986.9M $898.1M $1.530B $1.780B $871.5M $690.8M $809.0M $879.0M
YoY Change -19.48% -25.2% 16.41% 1.46% 40.62% 9.19% 53.0% 6.13% 1.15% 12.8% 6.29% 7.23% -17.16% 1.32% 9.89% -41.3% -14.02% 104.2% 26.16% -14.61% -7.96%
Long-Term Debt $1.778B $2.271B $2.260B $1.683B $1.680B $1.434B $1.190B $1.196B $998.4M $1.060B $1.064B $1.095B $1.097B $1.250B $1.262B $1.265B $1.765B $1.309B $1.246B $419.0M $362.2M $164.9M
YoY Change -21.72% 0.48% 34.32% 0.18% 17.1% 20.49% -0.45% 19.77% -5.85% -0.36% -2.79% -0.2% -12.23% -0.93% -0.25% -28.34% 34.82% 5.06% 197.35% 15.68% 119.65%
Other Long-Term Liabilities $323.6M $412.4M $465.5M $424.4M $451.1M $547.3M $597.4M $815.4M $1.024B $305.6M $252.8M $230.6M $177.2M $263.6M $254.5M $301.6M $269.0M $213.5M $552.5M $1.847B $1.381B $699.3M
YoY Change -21.53% -11.42% 9.69% -5.92% -17.58% -8.39% -26.74% -20.36% 235.05% 20.89% 9.63% 30.14% -32.78% 3.58% -15.62% 12.12% 26.0% -61.36% -70.08% 33.7% 97.51%
Total Long-Term Liabilities $2.101B $2.684B $2.726B $2.107B $2.131B $1.982B $1.788B $2.011B $2.022B $1.366B $1.317B $1.325B $1.274B $1.513B $1.516B $1.566B $2.034B $1.522B $1.798B $2.266B $1.743B $864.2M
YoY Change -21.69% -1.55% 29.36% -1.11% 7.52% 10.84% -11.11% -0.55% 48.05% 3.72% -0.63% 4.02% -15.81% -0.17% -3.21% -22.98% 33.58% -15.35% -20.62% 29.96% 101.74%
Total Liabilities $4.212B $5.296B $6.172B $5.060B $5.030B $4.080B $3.729B $3.321B $3.164B $2.626B $2.451B $2.417B $2.356B $2.770B $2.792B $2.612B $3.770B $3.449B $2.782B $3.114B $2.722B $1.812B
YoY Change -20.47% -14.19% 21.97% 0.61% 23.26% 9.43% 12.3% 4.94% 20.52% 7.12% 1.39% 2.61% -14.96% -0.8% 6.89% -30.71% 9.31% 23.99% -10.69% 14.44% 50.21%

Ownership

Basic Shares Outstanding

Loading...

Diluted Shares Outstanding

Loading...

Preferred Stock

Loading...

Treasury Stock Shares

Loading...

Stock Issuance & Repurchase

Loading...

Ownership Data

Return On Shareholders' Equity

Loading...

Book Value

Loading...

Free Cash Flow

Loading...

Free Cash Flow YoY

Loading...

Free Cash Flow Margin

Loading...

Dividends

Dividends

Loading...

Stock Price

Loading...
Market Cap: $5.1278 Billion

About Lazard, Inc.

Lazard, Inc. is a financial advisory and asset management firm, which engages in the provision of crafting solutions to the clients, including corporations, governments, institutions, partnerships, and individuals. The company is headquartered in New York City, New York and currently employs 3,249 full-time employees. The company went IPO on 2005-05-05. The firm's segments include Financial Advisory and Asset Management. Financial Advisory segment offers corporate, partnership, institutional, government, sovereign and individual clients across the globe a range of financial advisory services regarding strategic and mergers and acquisitions advisory, capital markets advisory, shareholder advisory, sovereign advisory, geopolitical advisory, and other strategic advisory matters and capital raising and placement. Asset Management segment offers a range of global investment solutions and investment and wealth management services in equity and fixed income strategies, asset allocation strategies, alternative investments and private equity funds to corporations, public funds, sovereign entities, endowments and foundations, labor funds, financial intermediaries and private clients.

Industry: Investment Advice Peers: