Lazard Balance Sheet
NYSE: LAZFinanceInvestment ManagersUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Lazard financial position
At the end of fiscal 2025, Lazard reported total assets of $4.94 billion, up 3.0% from a year earlier against total liabilities of $3.95 billion. Shareholders' equity stood at $869.2 million, or 17.6% of assets. The company held $1.47 billion in cash and equivalents against $1.69 billion of debt, a net debt position of $218.7 million.
Debt-to-equity was 1.94.
Summary generated from market data by MetaCap's automated system. Methodology
Lazard balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.47B | 1.31B | 971.32M | 1.23B | 1.47B | 1.39B | 1.23B | 1.25B | 1.48B | 1.16B |
| Property, Plant & Equipment | 168.00M | 160.40M | 232.52M | 250.07M | 250.00M | 257.59M | 219.84M | 212.95M | 205.30M | 209.02M |
| Goodwill | 395.26M | 393.57M | 394.90M | 377.24M | 379.42M | 383.86M | 371.77M | 371.56M | 385.29M | 373.12M |
| Intangible Assets | — | — | — | — | 150.00K | 210.00K | 1.82M | 3.76M | 6.07M | 8.91M |
| Total Assets | 4.94B | 4.79B | 4.64B | 5.85B | 7.15B | 5.97B | 5.64B | 5.00B | 4.93B | 4.56B |
| Long-Term Debt | 1.69B | 1.69B | 1.69B | 1.69B | 1.69B | 1.68B | 1.68B | 1.43B | 1.19B | 1.19B |
| Total Liabilities | 3.95B | 4.03B | 4.07B | 4.59B | 5.49B | 4.97B | 4.96B | 4.03B | 3.67B | 3.26B |
| Shareholders' Equity | 869.19M | 636.24M | 423.76M | 556.46M | 975.22M | 911.77M | 609.99M | 916.85M | 1.20B | 1.24B |
| Retained Earnings | 1.52B | 1.47B | 1.40B | 1.68B | 1.56B | 1.30B | 1.19B | 1.20B | 1.08B | 1.13B |
| Total Debt | 1.69B | 1.69B | 1.69B | 1.69B | 1.69B | 1.68B | 1.68B | 1.43B | 1.19B | 1.19B |
| Net Cash (Debt) | -218.67M | -378.83M | -718.88M | -452.94M | -220.21M | -292.87M | -447.97M | -187.72M | 293.45M | -29.82M |
This table shows 10 annual periods of Lazard's balance sheet, from FY 2025 back to FY 2016, across 11 line items including cash & equivalents, property, plant & equipment, goodwill. Values in USD; B = billions, M = millions. Fiscal periods follow LAZ's reporting calendar. What is a balance sheet?