LAZ (Lazard) General and Admin. Expense: $348 Mil (TTM As of Mar. 2026)


LAZ Lazard Inc LAZ
83 GF Score
Price $41.54
GF Value $46.51
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Lazard General and Admin. Expense?

Lazard LAZ +0.53% 83 General and Admin. Expense is $348 Mil as of Mar. 2026. GuruFocus rates LAZ with a GF Score™ of 83/100 and a GF Value™ of $46.51 (Modestly Undervalued). The stock has 3 warning signs investors should review.

General and Admin. Expense is the aggregate total of general managing and administering expenses for the company. Lazard's General and Admin. Expense for the three months ended in Mar. 2026 was $86 Mil. Its General and Admin. Expense for the trailing twelve months (TTM) ended in Mar. 2026 was $348 Mil.

Lazard General and Admin. Expense Related Terms

Lazard General and Admin. Expense Historical Data

* Premium members only.

The historical data trend for Lazard's General and Admin. Expense 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.

Lazard General and Admin. Expense Chart

Lazard Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
General and Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 336.24 301.76 331.30 327.22 342.75

Lazard Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
General and Admin. Expense Get a 7-Day Free Trial 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 80.80 88.35 85.25 88.36 85.61
LAZ
83GF Score
Lazard Inc LAZ
General and Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Lazard General and Admin. Expense Calculation

General and Admin. Expense is the aggregate total of general managing and administering expenses for the company.

General and Admin. Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $348 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.

What does a General and Admin. Expense of $348 Mil mean?
Lazard (LAZ) has a General and Admin. Expense of $348 Mil as of Mar. 2026. General and Admin. Expense is the aggregate total of general managing and administering expenses for the company. View historical data on Lazard and its competitors.
Is Lazard's General and Admin. Expense too high?
Lazard's current General and Admin. Expense is $348 Mil. Overall, Lazard has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lazard's General and Admin. Expense compare to PJT and MKTX?
Lazard's General and Admin. Expense of $348 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good General and Admin. Expense for a Capital Markets company?
A good General and Admin. Expense depends on the Capital Markets industry context. However, General and Admin. Expense 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 General and Admin. Expense mean?
A high General and Admin. Expense can signal that a stock is expensive relative to its fundamentals. General and Admin. Expense is the aggregate total of general managing and administering expenses for the company. View historical data on Lazard and its competitors. Lazard's current General and Admin. Expense is $348 Mil. 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 $46.51, compared to a current price of $41.54 — trading 10.7% below its estimated fair value. The current General and Admin. Expense is $348 Mil. Lazard's overall GF Score™ is 83/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is General and Admin. Expense calculated?
General and Admin. Expense is calculated from a company's financial statements. For Lazard (LAZ), the current General and Admin. Expense is $348 Mil as of Mar. 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 $41.54 is trading 10.7% below its estimated GF Value™ of $46.51. GuruFocus considers Lazard to be Modestly Undervalued.

Key valuation signals for LAZ:

  • General and Admin. Expense: $348 Mil
  • GF Value™: $46.51 vs. price of $41.54 (10.7% below fair value)
  • GF Score™: 83/100 with 3 warning signs

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 Business Description

Other Exchanges 0UB6:UK69Q:Germany
Address 30 Rockefeller Plaza, New York, NY, USA, 10112
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.
83GF Score

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General and Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$41.54
Price
$46.51
GF Value