Operating Income (Annual)

Operating Income: The income after operating expenses.

Lazard, Inc. (LAZ) had Operating Income of $327.60M for the most recently reported fiscal year, ending 2025-12-31.

Quarterly Annual

Figures for fiscal year ending 2025-12-31

Income Statement Financials
Revenue	$3.10B
Net Income	$230.91M
Cost of Goods Sold	--
Gross Profit	$3.10B
Operating Expenses	$2.77B
Operating Income	$327.60M
Non-Operating Income/Expense	--
Pre-Tax Income	$327.60M
Normalized Pre-Tax Income	$327.60M
Income after Taxes	$251.02M
Income from Continuous Operations	$251.02M
Consolidated Net Income/Loss	$251.02M
Normalized Income after Taxes	$251.02M
EBIT	$327.60M
EBITDA	$821.61M
Weighted-Average Shares Outstanding (Basic)	97.48M
Weighted-Average Shares Outstanding (Diluted)	106.34M
Earnings per Share (EPS) (Basic)	$2.37
Earnings per Share (EPS) (Diluted)	$2.17
Balance Sheet Financials
Current Assets	$2.57B
Property, Plant, and Equipment	$168.00M
Long-Term Assets	$1.96B
Total Assets	$4.94B
Current Liabilities	$1.13B
Long-Term Debt	$1.69B
Long-Term Liabilities	$2.90B
Total Liabilities	$4.03B
Common Equity	$910.75M
Tangible Shareholders Equity	$515.49M
Shareholders Equity	$910.75M
Common Shares Outstanding	93.91M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$519.33M
Cash Flow from Investing Activities	$-81.98M
Cash Flow from Financial Activities	$-463.64M
Beginning Cash	$1.61B
End Cash	$1.67B
Increase/Decrease in Cash	$61.20M
Stock-Based Compensation	--
Common Stock Dividends Paid	$-186.58M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	2.28
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.65
Debt to Equity Ratio	1.85
Gross Margin	100.00%
Operating Margin	10.57%
EBIT Margin	10.57%
EBITDA Margin	26.51%
Pre-Tax Profit Margin	10.57%
Profit Margin	7.45%
Free Cash Flow	$487.38M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.63
Inventory Turnover	--
Receiveable Turnover	3.45
Days Sales in Receivables	105.75
Return on Equity	27.56%
Return on Tangible Equity	48.70%
Return on Assets	5.08%
Return on Investments	9.66%
Book Value Per Share	$9.70
Free Cash Flow per Share	$4.58
Operating Cash Flow per Share	$4.88

Data from Zacks Investment Research, Inc.