LAZ (Lazard) Tax Rate % : 26.88% (As of Dec. 2024)

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What is Lazard Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Lazard's Tax Expense for the three months ended in Dec. 2024 was $29 Mil. Lazard's Pre-Tax Income for the three months ended in Dec. 2024 was $107 Mil. Therefore, Lazard's Tax Rate % for the quarter that ended in Dec. 2024 was 26.88%.

Lazard Tax Rate % Historical Data

The historical data trend for Lazard's Tax Rate % 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.

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Lazard Tax Rate % Chart

Lazard Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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19.80

25.05

24.06

28.33

25.81

Lazard Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															0.56	26.28	18.21	27.95	26.88

Lazard Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Lazard's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	99.764	/	386.472
	=	25.81 %

Lazard's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	28.788	/	107.084
	=	26.88 %

Lazard Tax Rate % Related Terms

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Lazard Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Lazard Inc (NYSE:LAZ) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

0UB6:UK

Address

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

Website

https://www.lazard.com

Lazard has a storied history that can be traced back to 1848. The company's revenue is fairly evenly split between financial advisory, such as acquisition and restructuring advisory, and asset management. The company's asset management business is primarily driven by equities (over 80% of assets under management), has an international focus, and targets 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

Peter Richard Orszag	officer: CEO of Financial Advisory	30 ROCKEFELLER PLAZA, LAZARD, NEW YORK NY 10112
Evan L Russo	officer: Chief Financial Officer	C/O LAZARD LTD, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Kenneth M Jacobs	director, officer: Chairman and CEO	C/O LAZARD LTD, 30 ROCKEFELLER PLAZA, NEW YORK NY 10020
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
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
Michelle Jarrard	director	C/O LAZARD LTD, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112