LAZ (Lazard) LT-Debt-to-Total-Asset: 0.51 (As of Mar. 2026)

Lazard LAZ +4.19% 83 LT-Debt-to-Total-Asset is 0.51 as of Mar. 2026. GuruFocus rates LAZ with a GF Score™ of 83/100 and a GF Value™ of $46.54 (Fairly Valued). The stock has 3 warning signs investors should review.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Lazard's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.51.

Lazard's long-term debt to total assets ratio declined from Mar. 2025 (0.52) to Mar. 2026 (0.51). It may suggest that Lazard is progressively becoming less dependent on debt to grow their business.

Lazard (NYSE:LAZ) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Lazard LT-Debt-to-Total-Asset Related Terms

Lazard LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Lazard's LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset Chart

Lazard Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

LT-Debt-to-Total-Asset

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0.31

0.38

0.47

0.46

0.44

Lazard Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.52	0.49	0.47	0.44	0.51

83GF Score

Lazard Inc LAZ

LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.

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Lazard LT-Debt-to-Total-Asset Calculation

Lazard's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

LT Debt to Total Assets (A: Dec. 2025 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2025 )	/	Total Assets (A: Dec. 2025 )
	=	2173.235	/	4940.734
	=	0.44

Lazard's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (Q: Mar. 2026 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2026 )	/	Total Assets (Q: Mar. 2026 )
	=	2161.384	/	4240.648
	=	0.51

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →

What does a LT-Debt-to-Total-Asset of 0.51 mean?

Lazard (LAZ) has a LT-Debt-to-Total-Asset of 0.51 as of Mar. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Lazard and its competitors.

Is Lazard's LT-Debt-to-Total-Asset too high?

Lazard's current LT-Debt-to-Total-Asset is 0.51. Overall, Lazard has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Lazard's LT-Debt-to-Total-Asset compare to PJT and MKTX?

Lazard's LT-Debt-to-Total-Asset of 0.51 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 LT-Debt-to-Total-Asset for a Capital Markets company?

A good LT-Debt-to-Total-Asset depends on the Capital Markets industry context. However, LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset mean?

A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Lazard and its competitors. Lazard's current LT-Debt-to-Total-Asset is 0.51. 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 Fairly Valued. The stock's GF Value™ is $46.54, compared to a current price of $43.28 — trading 7% below its estimated fair value. The current LT-Debt-to-Total-Asset is 0.51. 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 LT-Debt-to-Total-Asset calculated?

LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Lazard (LAZ), the current LT-Debt-to-Total-Asset is 0.51 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 $43.28 is trading 7% below its estimated GF Value™ of $46.54. GuruFocus considers Lazard to be Fairly Valued.

Key valuation signals for LAZ:

LT-Debt-to-Total-Asset: 0.51
GF Value™: $46.54 vs. price of $43.28 (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

Industry Financial Services Capital Markets

Comparable Companies PJT MKTX CLSK MIAX MRX ETOR MC PIPR VIRT BGC MS GS SCHW HOOD ASX:MQG SHSE:600030 BSP:BPAC3 SZSE:300059 SHSE:601211 IBKR

Other Exchanges 0UB6:UK 69Q:Germany

Address 30 Rockefeller Plaza, New York, NY, USA, 10112

Website https://www.lazard.com

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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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$43.28

Price

$46.54

GF Value

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