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Lazard (Lazard) Revenue

: $2,551 Mil (TTM As of Dec. 2023)
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Lazard's revenue for the three months ended in Dec. 2023 was $819 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $2,551 Mil. Lazard's Revenue per Share for the three months ended in Dec. 2023 was $9.08. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $28.32.

Warning Sign:

Lazard Inc revenue growth has slowed down over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Lazard was 2.50% per year. During the past 3 years, the average Revenue per Share Growth Rate was 7.20% per year. During the past 5 years, the average Revenue per Share Growth Rate was 6.20% per year. During the past 10 years, the average Revenue per Share Growth Rate was 6.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Lazard's highest 3-Year average Revenue per Share Growth Rate was 9.10% per year. The lowest was -22.60% per year. And the median was 4.90% per year.


Lazard Revenue Historical Data

The historical data trend for Lazard's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lazard Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,651.17 2,641.10 3,268.27 2,825.64 2,551.14

Lazard Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Revenue Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 716.37 549.30 651.37 531.63 818.84

Competitive Comparison

For the Capital Markets subindustry, Lazard's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lazard Revenue Distribution

For the Capital Markets industry and Financial Services sector, Lazard's Revenue distribution charts can be found below:

* The bar in red indicates where Lazard's Revenue falls into.



Lazard Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,551 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Lazard  (NYSE:LAZ) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Lazard Revenue Related Terms

Thank you for viewing the detailed overview of Lazard's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Lazard (Lazard) Business Description

Traded in Other Exchanges
N/A
Address
2 Church Street, Clarendon House, Hamilton, BMU, HM11
Lazard has a storied history that can be traced back to 1848. The company's revenue is nearly equally split between financial advisory, such as acquisition and restructuring advisory, and asset management. The company's asset management business is primarily equities (over 80% of assets under management), has an international focus, and is geared toward institutional clients. By geography, the company earns approximately 60% of revenue in the Americas, 35% in EMEA, and 5% in Asia-Pacific. Lazard has offices across more than 20 countries and over 3,000 employees.
Executives
Michael Gathy officer: Chief Accounting Officer C/O LAZARD LTD, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Christian A. Weideman officer: General Counsel C/O APOLLO GLOBAL MANAGEMENT, INC., 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Alexander F. Stern officer: Chief Operating Officer C/O LAZARD LTD, 30 ROCKEFELLER PLAZA, NEW YORK NY 10020
Mary Ann Betsch officer: Chief Financial Officer C/O LAZARD LTD, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Lewis William M Jr director 9 WEST 57TH STREET, NEW YORK NY 10019
Scott D Hoffman officer: General Counsel C/O LAZARD LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10020
Dominick Ragone officer: Chief Accounting Officer 767 5TH AVENUE, SUITE 4700, NEW YORK NY 10153
Ann-kristin Achleitner director THE PRIESTLEY CENTRE, 10 PRIESTLEY RD, SURREY RESEARCH PARK, GUILDFORD, SURREY X0 GU2 7XY
Ashish Bhutani director, officer: CEO of Lazard Asset Management
Peter Richard Orszag officer: CEO of Financial Advisory 30 ROCKEFELLER PLAZA, LAZARD, NEW YORK NY 10112
Alexandra Soto officer: Exec Human Capital & Workplace C/O LAZARD LTD, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Iris Knobloch director ONE TIME WARNER CENTER, NEW YORK NY 10019
Evan L Russo officer: Chief Financial Officer C/O LAZARD LTD, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Michelle Jarrard director C/O LAZARD LTD, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Sylvia Jay director 30 ROCKEFELLER PLAZA, NEW YORK NY 10020

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