Lazard Inc
New York Stock ExchangeTotal Valuation
Lazard Inc carries a market capitalization of 4.42B, placing it among publicly traded companies globally. Its enterprise value stands at 4.13B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.
| Market Cap | 4.42B |
| Enterprise Value | 4.13B |
Share Statistics
Lazard Inc currently has 98.44M shares outstanding.
| Shares Outstanding | 98.44M |
| Owned by Insiders (%) | N/A |
| Owned by Institutions (%) | N/A |
Valuation Ratios
Lazard Inc trades at a trailing price-to-earnings ratio of 18.79.
| PE Ratio | 18.79 |
| PS Ratio | 1.70 |
| PB Ratio | N/A |
| P/TBV Ratio | N/A |
| P/FCF Ratio | 9.46 |
| P/OCF Ratio | 8.92 |
Enterprise Valuation
On an enterprise value basis, Lazard Inc trades at an EV/EBITDA multiple of 12.25 and an EV/FCF ratio of 7.73. The EV/Sales ratio of 1.68 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 13.22 provides insight into valuation relative to core operating earnings.
| EV / Sales | 1.68 |
| EV / EBITDA | 12.25 |
| EV / EBIT | 13.22 |
| EV / FCF | 7.73 |
Financial Position
Lazard Inc maintains a current ratio of 14.21, meaning it holds 14.2x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 675.95, indicating elevated leverage, while an interest coverage ratio of 4.95 demonstrates adequate ability to service its debt obligations.
| Current Ratio | 14.21 |
| Quick Ratio | 13.89 |
| Debt / Equity | 675.95 |
| Debt / EBITDA | N/A |
| Interest Coverage | 4.95 |
Financial Efficiency
Lazard Inc posts a return on equity of 59.88 and a return on invested capital of 16.92.
| Return on Equity (ROE) | 59.88 |
| Return on Assets (ROA) | 9.88 |
| Return on Invested Capital (ROIC) | 16.92 |
| Return on Capital Employed (ROCE) | 17.78 |
| Revenue Per Employee | N/A |
| Employee Count | N/A |
| Inventory Turnover | N/A |
Taxes
Over the trailing twelve months, Lazard Inc has paid 41.18M in income taxes, reflecting an effective tax rate of 15.28.
| Income Tax | 41.18M |
| Effective Tax Rate | 15.28 |
Stock Price Statistics
Lazard Inc's stock has declined approximately -17.94107% over the past 52 weeks. The 50-day moving average sits at 43.15, while the 200-day moving average is 47.24.
| Beta (5Y) | N/A |
| 52-Week Price Change | -17.94107% |
| 50-Day Moving Average | 43.15 |
| 200-Day Moving Average | 47.24 |
| Average Volume (20 Days) | N/A |
Income Statement
Over the trailing twelve months, Lazard Inc generated 2.45B in revenue and converted that into 222.03M in net income, yielding earnings per share of 2.12. EBITDA reached 337.12M, while operating income came in at 312.18M.
| Revenue | 2.45B |
| Gross Profit | 826.31M |
| Operating Income | 312.18M |
| Pretax Income | 269.46M |
| Net Income | 222.03M |
| EBITDA | 337.12M |
| EBIT | 312.18M |
| Earnings Per Share (EPS) | 2.12 |
Cash Flow
Lazard Inc produced 467.90M in operating cash flow over the past twelve months. After subtracting -8.62M in capital expenditures, free cash flow totaled 459.28M - equivalent to 4.62 per share.
| Operating Cash Flow | 467.90M |
| Capital Expenditures | -8.62M |
| Free Cash Flow | 459.28M |
| FCF Per Share | 4.62 |
Margins
Lazard Inc operates with a gross margin of 33.67, reflecting its pricing power and cost economics. The operating margin of 12.72 and net profit margin of 9.05 provide insight into operational efficiency.
| Gross Margin | 33.67 |
| Operating Margin | 12.72 |
| Pretax Margin | 10.98 |
| Profit Margin | 9.05 |
| EBITDA Margin | 13.74 |
Dividends & Yields
The company's payout ratio of 60.34 indicates the proportion of earnings distributed to shareholders.
| Dividend Per Share | 1.42 |
| Dividend Yield | N/A |
| Payout Ratio | 60.34 |
| Shareholder Yield | 9.34 |
| FCF Yield | 10.58 |