Lazard shares outstanding LAZ
Diluted shares outstanding, averaged over each quarter, from 2009.
- Latest quarter, to Jun 30, 2026
- 107.3M
- On a year earlier
- +2.3%
- more shares
Lazard had 107.3M diluted shares outstanding on average in Q2 FY26, the quarter to Jun 30, 2026.
That is 2.3% more than a year earlier, so each share owns a little less of the company.
Shares outstanding over time
Fiscal year by fiscal year
| Fiscal year | Shares, fourth quarter | Change |
|---|---|---|
| FY2025 | 107.6M | +1% |
| FY2024 | 106.1M | +18% |
| FY2023 | 90.2M | −4% |
| FY2022 | 94.3M | −16% |
| FY2021 | 112.3M | −2% |
| FY2020 | 115.1M | +1% |
| FY2019 | 113.5M | −11% |
| FY2018 | 126.9M | +6% |
| FY2017 | 119.9M | −10% |
| FY2016 | 133M | −0% |
| FY2015 | 133.3M | −1% |
| FY2014 | 134.1M | −1% |
| FY2013 | 135.4M | +18% |
| FY2012 | 114.8M | −4% |
| FY2011 | 119.4M | −19% |
Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.
Quarter by quarter
| Quarter | Ended | Shares outstanding | On a year earlier |
|---|---|---|---|
| Q2 FY26 | 107.3M | +2% | |
| Q1 FY26 | 106.8M | +2% | |
| Q4 FY25 | 107.6M | +1% | |
| Q3 FY25 | 108M | +4% | |
| Q2 FY25 | 104.9M | +4% | |
| Q1 FY25 | 104.8M | +6% | |
| Q4 FY24 | 106.1M | +18% | |
| Q3 FY24 | 103.5M | +10% | |
| Q2 FY24 | 100.6M | +13% | |
| Q1 FY24 | 99.4M | +13% | |
| Q4 FY23 | 90.2M | −4% | |
| Q3 FY23 | 94.3M | −5% |
What the shares outstanding tells you
Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.
A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.
More on Lazard
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.