Lazard EV/EBIT LAZ
Enterprise value divided by operating profit over the last twelve months, one-off items taken out, since 2011.
- Today, Oct 23, 2026
- n/m
- a quarter missing
- 10-year median
- 9.0×
- 10-year range
- 3.6× to 51.7×
- Peer median
- 10.4×
Lazard's EV/EBIT can't be checked today: its operating income for Q2 FY26, the quarter to Jun 30, 2026, is missing from our data, so the twelve months it rests on can't be added up.
On the days it had one over the last ten years, its median was 9.0×, from 3.6× in Mar 2022 to 51.7× in Feb 2024.
EV/EBIT over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 12.2× | 11.8× | 18.9× |
| 2025 | 16.8× | 9.4× | 18.3× |
| 2024 | 14.4× | 14.4× | 51.7× |
| 2023 | 45.0× | 5.0× | 45.1× |
| 2022 | 4.7× | 3.6× | 6.6× |
| 2021 | 6.2× | 6.0× | 11.0× |
| 2020 | 10.1× | 4.1× | 10.1× |
| 2019 | 8.2× | 4.6× | 8.6× |
| 2018 | 4.7× | 4.4× | 11.3× |
| 2017 | 9.9× | 7.7× | 10.9× |
| 2016 | 10.0× | 5.3× | 93.1× |
| 2015 | 115× | 10.4× | 124× |
| 2014 | 12.8× | 12.2× | 41.9× |
| 2013 | 39.9× | 30.5× | 47.3× |
| 2012 | 29.6× | 5.6× | 30.8× |
| 2011 | 5.5× | 4.1× | 10.1× |
Against its peers
Companies in Asset Management nearest Lazard's size, closest first, today.
| Company | EV/EBIT |
|---|---|
| LAZLazard | n/m |
| FHIFederated Hermes | 8.0× |
| MCMoelis | 15.4× |
| HLNEHamilton Lane INC | 8.6× |
| CNSCohen & Steers | 16.9× |
| HASIHA Sustainable Infrastructure Capital | 8.0× |
| AAMIAcadian Asset Management | 21.8× |
| ABAlliancebernstein | 9.5× |
| DLBDolby Laboratories | 22.1× |
| APAMArtisan Partners Asset Management | 6.3× |
| VCTRVictory Capital | 11.3× |
| Peer median | 10.4× |
Where Lazard ranks
What the EV/EBIT tells you
What the whole business costs against its operating profit. Enterprise value is the market value plus borrowings and minority interests, less cash. EBIT is operating profit before interest and tax, with one-offs taken out. Unlike PE it is not moved by how a company is financed.
Leases are left out of debt for every company. Banks earn on their balance sheet, so EV/EBIT does not describe them.
More on Lazard
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.