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LazardLAZ -5.23%85 EV-to-OCF is 6.74 as of Sep. 17, 2026, which is 10% below its 10-year median of 7.46. GuruFocus rates LAZ with a GF Score™ of 85/100 and a GF Value™ of $46.77 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 805 Capital Markets companies, Lazard ranks worse than 69.44% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Lazard's Enterprise Value is $4,525 Mil.
Lazard's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $671 Mil. Therefore, Lazard's EV-to-OCF for today is 6.74.
The historical rank and industry rank for Lazard's EV-to-OCF or its related term are showing as below:
LAZ'
s EV-to-OCF Range Over the Past 10 Years
Min: 3.74 Med: 7.46 Max: 33.79
Current: 7.19
During the past 13 years, the highest EV-to-OCF of Lazard was 33.79. The lowest was 3.74. And the median was 7.46.
LAZ's EV-to-OCF is ranked worse than 69.44% of 805
companies
in the Capital Markets industry
Industry Median: -0.45
vs LAZ: 7.19
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
As of today (2026-09-17), Lazard's stock price is $36.61.
Lazard's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $2.040. Therefore, Lazard's PE Ratio (TTM) for today is 17.95.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Lazard's share price for today is $36.61.
Lazard's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.040.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Lazard EV-to-OCF Related Terms
Lazard EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Lazard's EV-to-OCF 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.
For the Capital Markets subindustry, Lazard's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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 EV-to-OCF vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Lazard's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Lazard's EV-to-OCF falls into.
Lazard's current Enterprise Value is $4,525 Mil.
Lazard's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $671 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 (LAZ) has a EV-to-OCF of 6.74 as of Sep. 17, 2026. This is 10% below median its historical median of 7.46. Over the past decade, Lazard's EV-to-OCF has ranged from 3.74 to 33.79. According to the industry distribution chart, Lazard ranks #559 out of 805 companies in the Capital Markets industry, placing it in the top 69.4%.
Is Lazard's EV-to-OCF too high?
Lazard's current EV-to-OCF of 6.74 is 10% below median its 10-year median of 7.46. Over the past 10 years, this metric has ranged from a low of 3.74 to a high of 33.79. Based on the distribution chart, Lazard ranks #559 out of 805 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Lazard has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lazard's EV-to-OCF compare to MIAX and MARA?
According to the Capital Markets industry distribution chart, Lazard ranks #559 out of 805 companies for EV-to-OCF. This places Lazard in the lower half of its industry. Historically, Lazard's own EV-to-OCF has ranged from 3.74 to 33.79 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Capital Markets company?
A good EV-to-OCF depends on the Capital Markets industry context. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. Lazard's current EV-to-OCF is 6.74, which is 10% below median its own 10-year median of 7.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lazard stock overvalued right now?
Based on GuruFocus' analysis, Lazard (LAZ) is currently considered Modestly Undervalued. The stock's GF Value™ is $46.77, compared to a current price of $36.61 — trading 21.7% below its estimated fair value. The current EV-to-OCF is 6.74, which is 10% below median its 10-year median of 7.46. Lazard's overall GF Score™ is 85/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Lazard (LAZ), the current EV-to-OCF is 6.74 as of Sep. 17, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Lazard (LAZ) Overvalued in 2026?
Based on GuruFocus' analysis, Lazard stock appears to be undervalued.
The current stock price of $36.61 is trading 21.7% below its estimated GF Value™ of $46.77.
GuruFocus considers Lazard to be Modestly Undervalued.
Key valuation signals for LAZ:
EV-to-OCF: 6.74 (10% below median its 10-year median of 7.46)
GF Value™: $46.77 vs. price of $36.61 (21.7% below fair value)
No single metric tells the full story. See the LAZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lazard Inc is a financial advisory and asset management firm with operations in North and South America, Europe, the Middle East, Asia, and Australia. Lazard provides advice on mergers and acquisitions, capital markets and capital solutions, restructuring and liability management, geopolitics, and other strategic matters, as well as asset management and investment solutions to institutions, corporations, governments, partnerships, family offices, and high net worth individuals. Geographically, the company earns key revenue in the Americas, EMEA then Asia-Pacific.
85GF Score
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