LAZ (Lazard) Marketable Securities: $197 Mil (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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LAZ Lazard Inc LAZ
81 GF Score
Price $42.38
GF Value $46.69
Valuation Fairly Valued
! 3 Warning Signs
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What is Lazard Marketable Securities?

Lazard LAZ +1.03% 81 Marketable Securities is $197 Mil as of Jun. 2026. GuruFocus rates LAZ with a GF Score™ of 81/100 and a GF Value™ of $46.69 (Fairly Valued). The stock has 3 warning signs investors should review.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Lazard's Marketable Securities for the quarter that ended in Jun. 2026 was $197 Mil.

Lazard's annual Marketable Securities increased from Dec. 2023 ($220 Mil) to Dec. 2024 ($269 Mil) but then declined from Dec. 2024 ($269 Mil) to Dec. 2025 ($167 Mil).

Lazard  (NYSE:LAZ) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".

Lazard Marketable Securities Related Terms

Lazard Marketable Securities Historical Data

* Premium members only.

The historical data trend for Lazard's Marketable Securities 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 Marketable Securities Chart

Lazard Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,347.54 779.25 219.58 268.68 167.13

Lazard Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Marketable Securities 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 237.14 217.61 167.13 207.21 197.19
LAZ
81GF Score
Lazard Inc LAZ
Marketable Securities is just one metric. See GF Score™, valuation, warning signs, and more.
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Lazard Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Frequently Asked Questions Learn more about Marketable Securities →
What does a Marketable Securities of $197 Mil mean?
Lazard (LAZ) has a Marketable Securities of $197 Mil as of Jun. 2026. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on Lazard and its competitors.
Is Lazard's Marketable Securities too high?
Lazard's current Marketable Securities is $197 Mil. Overall, Lazard has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lazard's Marketable Securities compare to PJT and GLXY?
Lazard's Marketable Securities of $197 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 Marketable Securities for a Capital Markets company?
A good Marketable Securities depends on the Capital Markets industry context. However, Marketable Securities 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 Marketable Securities mean?
A high Marketable Securities can signal that a stock is expensive relative to its fundamentals. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on Lazard and its competitors. Lazard's current Marketable Securities is $197 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 Fairly Valued. The stock's GF Value™ is $46.69, compared to a current price of $42.38 — trading 9.2% below its estimated fair value. The current Marketable Securities is $197 Mil. Lazard's overall GF Score™ is 81/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Marketable Securities calculated?
Marketable Securities is calculated from a company's financial statements. For Lazard (LAZ), the current Marketable Securities is $197 Mil as of Jun. 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 $42.38 is trading 9.2% below its estimated GF Value™ of $46.69. GuruFocus considers Lazard to be Fairly Valued.

Key valuation signals for LAZ:

  • Marketable Securities: $197 Mil
  • GF Value™: $46.69 vs. price of $42.38 (9.2% below fair value)
  • GF Score™: 81/100 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.
81GF Score

Get the complete analysis for LAZ

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

$42.38
Price
$46.69
GF Value