Lazard Inc（LAZ）の財務LAZLazard Inc

Lazard, Inc. (LAZ) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Asset Management, accounting for 54.2% of total sales, equivalent to $409.76M. Other significant revenue streams include Financial Advisory and Corporate. Understanding this composition is critical for investors evaluating how LAZ navigates market cycles within the Investment Management & Fund Operators industry.

Evaluating the bottom line, Lazard, Inc. maintains a gross margin of 96.96%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at -1.48%, while the net margin is 1.85%. These profitability ratios, combined with a Return on Equity (ROE) of 26.45%, provide a clear picture of how effectively LAZ converts its operational activities into shareholder value.

In the context of the broader market, LAZ competes directly with industry leaders such as MIAX and PJT. With a market capitalization of $4.35B, it holds a significant position in the sector. When comparing efficiency, LAZ's gross margin of 96.96% stands against MIAX's N/A and PJT's N/A. Such benchmarking helps identify whether Lazard, Inc. is trading at a premium or discount relative to its financial performance.

Lazard's total revenue for Q2 2026 was $786 million, which was better than expected, but the net income dropped significantly to $5 million, reflecting challenges in profitability. The gross margin remains strong at around 96.96%, indicating efficiency in operations despite revenue challenges.