Lazard Ltd
New York Stock ExchangeTotal Valuation
Lazard Ltd carries a market capitalization of 4.30B, placing it among publicly traded companies globally. Its enterprise value stands at 5.18B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.
| Market Cap | 4.30B |
| Enterprise Value | 5.18B |
Share Statistics
Lazard Ltd currently has 98.44M shares outstanding.
| Shares Outstanding | 98.44M |
| Owned by Insiders (%) | N/A |
| Owned by Institutions (%) | N/A |
Valuation Ratios
Lazard Ltd trades at a trailing price-to-earnings ratio of 15.05. The price-to-sales ratio is 1.28, and the price-to-book ratio stands at 2.67.
| PE Ratio | 15.05 |
| PS Ratio | 1.28 |
| PB Ratio | 2.67 |
| P/TBV Ratio | 7.46 |
| P/FCF Ratio | 8.44 |
| P/OCF Ratio | 8.06 |
Enterprise Valuation
On an enterprise value basis, Lazard Ltd trades at an EV/EBITDA multiple of 11.49 and an EV/FCF ratio of 8.50. The EV/Sales ratio of 1.59 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 12.41 provides insight into valuation relative to core operating earnings.
| EV / Sales | 1.59 |
| EV / EBITDA | 11.49 |
| EV / EBIT | 12.41 |
| EV / FCF | 8.50 |
Financial Position
Lazard Ltd maintains a current ratio of 5.61, meaning it holds 5.6x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 226.59, indicating elevated leverage, while an interest coverage ratio of 5.05 demonstrates adequate ability to service its debt obligations.
| Current Ratio | 5.61 |
| Quick Ratio | 5.60 |
| Debt / Equity | 226.59 |
| Debt / EBITDA | 4.79 |
| Interest Coverage | 5.05 |
Financial Efficiency
Lazard Ltd posts a return on equity of 18.25 and a return on invested capital of 10.99.
| Return on Equity (ROE) | 18.25 |
| Return on Assets (ROA) | 6.55 |
| Return on Invested Capital (ROIC) | 10.99 |
| Return on Capital Employed (ROCE) | 8.86 |
| Revenue Per Employee | N/A |
| Employee Count | N/A |
| Inventory Turnover | N/A |
Taxes
Over the trailing twelve months, Lazard Ltd has paid 72.94M in income taxes, reflecting an effective tax rate of 20.12.
| Income Tax | 72.94M |
| Effective Tax Rate | 20.12 |
Stock Price Statistics
Lazard Ltd's stock has declined approximately -1.01879% over the past 52 weeks. The 50-day moving average sits at 46.61, while the 200-day moving average is 49.43.
| Beta (5Y) | N/A |
| 52-Week Price Change | -1.01879% |
| 50-Day Moving Average | 46.61 |
| 200-Day Moving Average | 49.43 |
| Average Volume (20 Days) | N/A |
Income Statement
Over the trailing twelve months, Lazard Ltd generated 3.26B in revenue and converted that into 277.37M in net income, yielding earnings per share of 2.71. EBITDA reached 450.78M, while operating income came in at 417.22M.
| Revenue | 3.26B |
| Gross Profit | 1.12B |
| Operating Income | 417.22M |
| Pretax Income | 362.54M |
| Net Income | 277.37M |
| EBITDA | 450.78M |
| EBIT | 417.22M |
| Earnings Per Share (EPS) | 2.71 |
Balance Sheet
Lazard Ltd holds 1.23B in cash and equivalents against 2.16B in total debt, resulting in a net debt position of 668.14M. Total book value stands at 1.56B, with working capital of 1.65B providing operational flexibility.
| Cash & Cash Equivalents | 1.23B |
| Total Debt | 2.16B |
| Net Debt | 668.14M |
| Equity (Book Value) | 1.56B |
| Book Value Per Share | 15.88 |
| Working Capital | 1.65B |
Cash Flow
Lazard Ltd produced 517.58M in operating cash flow over the past twelve months. After subtracting -20.31M in capital expenditures, free cash flow totaled 497.28M - equivalent to 5.06 per share.
| Operating Cash Flow | 517.58M |
| Capital Expenditures | -20.31M |
| Free Cash Flow | 497.28M |
| FCF Per Share | 5.06 |
Margins
Lazard Ltd operates with a gross margin of 34.18, reflecting its pricing power and cost economics. The operating margin of 12.79 and net profit margin of 8.50 provide insight into operational efficiency.
| Gross Margin | 34.18 |
| Operating Margin | 12.79 |
| Pretax Margin | 11.11 |
| Profit Margin | 8.50 |
| EBITDA Margin | 13.82 |
Dividends & Yields
The company's payout ratio of 62.48 indicates the proportion of earnings distributed to shareholders.
| Dividend Per Share | 1.92 |
| Dividend Yield | N/A |
| Payout Ratio | 62.48 |
| Shareholder Yield | 10.19 |
| FCF Yield | 11.85 |
Scores
Lazard Ltd posts an Altman Z-Score of 3.05, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.
| Altman Z-Score | 3.05 |