Lazard Ltd
NYSE:LAZ

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Lazard Ltd
NYSE:LAZ
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Price: 52.26 USD 0.42% Market Closed
Market Cap: 4.7B USD
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Lazard Ltd
Other Operating Expenses

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Lazard Ltd
Other Operating Expenses Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Other Operating Expenses CAGR 3Y CAGR 5Y CAGR 10Y
Lazard Ltd
NYSE:LAZ
Other Operating Expenses
-$72.7m
CAGR 3-Years
-23%
CAGR 5-Years
4%
CAGR 10-Years
1%
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Lazard Ltd
Glance View

Market Cap
4.6B USD
Industry
Financial Services

Lazard Ltd, with its roots deeply embedded in the fabric of financial history, traces its origins back to the mid-19th century, where it began as a humble dry goods store in New Orleans. Over the decades, the company evolved, transcending its initial marketplace to become a cornerstone in the world of financial advisory and asset management. Lazard operates by focusing on two main segments that drive its revenue: Financial Advisory and Asset Management. In Financial Advisory, the firm plays a crucial role in guiding businesses through the complexities of mergers and acquisitions, restructuring, and other strategic matters. This segment flourishes by utilizing its extensive global network and deep industry experience to help institutions and governments make informed decisions in times of transition or distress. The fees earned from these advisory services form a significant stream of revenue for the company. On the other hand, Lazard's Asset Management division offers a plethora of services designed to grow and preserve wealth for its clients. It manages investment portfolios across a diverse array of asset classes, including equities, fixed income, and alternative investments, showcasing its proficiency in navigating financial markets. By managing these assets, Lazard charges management and performance fees, enabling another robust income channel. This dual engine of advisory and management cements Lazard's status as a financial powerhouse, allowing it to withstand economic shifts and persistently provide value to its clientele. This enduring adaptability and expertise are the hallmarks of Lazard's success, constructing its reputation as a trusted advisor and diligent steward over the years.

LAZ Intrinsic Value
80.67 USD
Undervaluation 35%
Intrinsic Value
Price

See Also

What is Lazard Ltd's Other Operating Expenses?
Other Operating Expenses
-72.7m USD

Based on the financial report for Dec 31, 2023, Lazard Ltd's Other Operating Expenses amounts to -72.7m USD.

What is Lazard Ltd's Other Operating Expenses growth rate?
Other Operating Expenses CAGR 10Y
1%

Over the last year, the Other Operating Expenses growth was -62%. The average annual Other Operating Expenses growth rates for Lazard Ltd have been -23% over the past three years , 4% over the past five years , and 1% over the past ten years .

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