LAZ Stock Balance Sheets

Lazard Quarterly Balance Sheets Chart

Quarterly

Annual

Cash and Cash Eq

Long-Term Debt

Lazard Quarterly Balance Sheets Table

Quarterly

Annual

Unit: USD	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31

assets
cash and cash equivalents	978,259,000	908,586,000	1,308,218,000	1,165,718,000	847,555,000	923,247,000	971,316,000	653,355,000	697,756,000	596,601,000	1,234,773,000	1,000,102,000	907,472,000	878,167,000	1,465,022,000	1,184,772,000	979,899,000	974,696,000	1,389,876,000	1,109,745,000	896,843,000	793,477,000	1,231,593,000	959,001,000	919,221,000	1,011,353,000	1,246,537,000	1,132,395,000	845,167,000	962,280,000	1,483,836,000	1,254,010,000	955,639,000	891,455,000	1,158,785,000	853,887,000	646,454,000	701,324,000	1,132,083,000	859,984,000	701,172,000	606,336,000	1,066,580,000	820,584,000	684,491,000	666,589,000	841,482,000	688,367,000	601,485,000	586,111,000	850,190,000	832,940,000	751,238,000	765,686,000	1,003,791,000	989,894,000	984,012,000	1,015,934,000	1,209,695,000	847,431,000	797,432,000	704,107,000	917,329,000	795,074,000	895,984,000	826,599,000	909,707,000	774,948,000	758,664,000	729,098,000	1,055,844,000	959,122,000	1,029,036,000	682,227,000	969,483,000	530,292,000	442,355,000	404,172,000	492,309,000	371,983,000	320,784,000	234,227,000
deposits with banks and short-term investments	237,141,000	264,944,000	268,684,000	313,023,000	203,809,000	247,847,000	219,576,000	319,382,000	446,777,000	522,560,000	779,246,000	1,341,514,000	1,700,961,000	1,638,519,000	1,347,544,000	1,360,957,000	1,111,347,000	1,014,145,000	1,134,463,000	1,193,717,000	1,155,539,000	1,080,737,000	1,180,686,000	1,289,288,000	1,301,520,000	1,138,010,000	1,006,969,000	1,015,872,000	1,000,662,000	862,865,000	935,431,000	652,484,000	756,507,000	572,496,000	419,668,000	534,865,000	667,313,000	387,550,000	389,861,000	276,585,000	287,677,000	217,626,000	207,760,000	240,728,000
restricted cash	32,908,000	34,252,000	32,466,000	34,998,000	33,089,000	33,558,000	34,091,000	34,038,000	35,368,000	36,985,000	625,381,000	621,099,000	617,057,000	615,225,000	617,448,000	615,297,000	614,291,000	615,090,000
receivables
fees	578,535,000	531,498,000	640,567,000	529,322,000	554,596,000	459,703,000	560,552,000	505,976,000	528,101,000	509,831,000	491,861,000	571,127,000	582,960,000	659,768,000	669,464,000	547,087,000	649,222,000	556,239,000	621,880,000	468,352,000	519,496,000	478,943,000	537,442,000	468,780,000	502,846,000	503,234,000	501,397,000	546,808,000	610,488,000	543,758,000	487,800,000	451,218,000	527,470,000	439,836,000	564,291,000	440,823,000	402,986,000	414,464,000	423,817,000	426,441,000	443,682,000	457,337,000	483,681,000	429,477,000	439,957,000	401,037,000	452,535,000	430,197,000	391,762,000	368,682,000	400,529,000	389,346,000	388,588,000	436,201,000	402,843,000	439,857,000	418,126,000	424,827,000	480,340,000	463,718,000	394,777,000	440,620,000	437,532,000	400,570,000	329,675,000	289,087,000	391,251,000	366,492,000	379,256,000	381,001,000	520,883,000	428,176,000	375,817,000	314,185,000	417,519,000	275,759,000	304,889,000	280,968,000	280,923,000	313,188,000	264,640,000	240,412,000
customers and other	176,260,000	151,506,000	113,056,000	152,705,000	170,892,000	290,780,000	201,767,000	126,157,000	146,457,000	188,296,000	160,897,000	169,268,000	156,742,000	156,872,000	136,345,000	153,049,000	169,578,000	183,376,000	121,261,000	106,746,000	132,616,000	109,710,000	125,696,000	199,387,000	202,268,000	192,178,000	184,137,000	93,979,000	103,909,000	130,928,000	83,816,000	100,670,000	127,269,000	87,778,000	73,991,000	96,872,000	92,330,000	100,058,000	73,396,000	75,968,000	57,849,000	135,323,000	72,648,000	77,908,000	80,125,000	117,860,000	52,220,000	91,678,000	117,902,000	72,740,000	53,713,000	84,063,000	80,790,000	71,152,000	83,111,000	141,246,000	100,513,000	93,850,000	63,490,000	137,818,000	58,940,000	106,130,000	73,750,000	109,807,000	101,234,000	86,423,000	81,806,000	162,828,000
investments	637,473,000	506,497,000	614,947,000	688,411,000	687,507,000	620,615,000	701,964,000	657,880,000	690,199,000	741,868,000	698,977,000	638,960,000	787,139,000	869,844,000	1,007,339,000	914,975,000	867,707,000	782,351,000	658,532,000	535,245,000	523,366,000	505,753,000	531,995,000	535,848,000	575,424,000	615,781,000	575,148,000	609,595,000	505,194,000	354,952,000	427,186,000	426,948,000	421,727,000	382,074,000	459,422,000	462,758,000	491,346,000	460,281,000	541,911,000	575,204,000	557,751,000	486,746,000	620,352,000	549,922,000	538,924,000	417,295,000	478,105,000	469,722,000	449,364,000	406,256,000	414,673,000	439,435,000	439,683,000	378,273,000	378,521,000	346,912,000	435,139,000	407,147,000	417,410,000
property	176,240,000	168,190,000	160,402,000	158,440,000	220,663,000	227,539,000	232,516,000	229,626,000	236,717,000	245,685,000	250,073,000	218,551,000	231,502,000	249,406,000	250,005,000	247,595,000	252,002,000	250,538,000	257,587,000	233,481,000	228,621,000	220,318,000	219,842,000	216,968,000	206,456,000	209,616,000	212,946,000	214,279,000	216,183,000	213,923,000	205,301,000	200,800,000	200,301,000	206,143,000	209,021,000	204,300,000	201,929,000	206,856,000	207,165,000	209,814,000	213,745,000	209,211,000	222,569,000	227,359,000	236,288,000	242,977,000	248,796,000	249,780,000	241,949,000	239,576,000	225,033,000	216,412,000	198,289,000	190,080,000	168,429,000	150,708,000	153,006,000	153,572,000	150,524,000	154,177,000	143,616,000	155,252,000	166,913,000	170,917,000	168,098,000	161,745,000	171,443,000	179,987,000	197,721,000	197,136,000	185,509,000	180,374,000	169,903,000	169,372,000	168,310,000	161,525,000	163,095,000	157,887,000	156,630,000
operating lease right-of-use assets	443,388,000	430,502,000	434,938,000	450,462,000	451,707,000	389,884,000	407,213,000	413,172,000	426,427,000	428,859,000	431,608,000	420,013,000	435,450,000	452,192,000	466,054,000	468,524,000	479,238,000	492,089,000	513,923,000	517,583,000	525,193,000	533,252,000	551,504,000	558,723,000	477,432,000	489,099,000
goodwill and other intangible assets	395,225,000	394,103,000	393,575,000	394,575,000	393,967,000	394,113,000	394,928,000	394,094,000	394,682,000	394,260,000	377,330,000	375,889,000	378,004,000	379,615,000	379,571,000	379,847,000	380,867,000	381,947,000	384,071,000	373,841,000	369,159,000	357,245,000	373,594,000	368,996,000	374,436,000	375,682,000	375,318,000	379,241,000	382,360,000	388,328,000	391,364,000	392,068,000	389,216,000	387,908,000	382,024,000	353,850,000	328,181,000	332,621,000	326,976,000	325,624,000	335,969,000	335,966,000	347,438,000	356,254,000	368,542,000	366,921,000	363,877,000	376,401,000	375,207,000	393,317,000	392,822,000	395,442,000	394,168,000	395,962,000	393,099,000	394,382,000	365,441,000	362,837,000	361,439,000	318,541,000	306,833,000	316,297,000	317,780,000	311,705,000	189,613,000	177,717,000	175,144,000	186,235,000	201,972,000	200,210,000	187,909,000	184,292,000
deferred tax assets	492,254,000	496,848,000	479,582,000	526,800,000	507,572,000	506,171,000	497,340,000	507,952,000	524,053,000	367,655,000	407,657,000	390,543,000	408,187,000	429,227,000	435,308,000	480,533,000	492,364,000	506,836,000	538,448,000	557,120,000	563,243,000	569,546,000	586,750,000	601,183,000	589,076,000	591,704,000	597,776,000	610,389,000	618,455,000	638,381,000	650,260,000	1,099,870,000	1,113,528,000	1,135,107,000	1,075,777,000	1,107,046,000	1,123,369,000	1,126,019,000	1,130,595,000	1,113,060,000	1,255,440,000
other assets	345,703,000	345,141,000	347,558,000	405,550,000	455,837,000	493,513,000	414,518,000	453,874,000	476,400,000	534,917,000	394,758,000	460,859,000	506,322,000	519,511,000	373,081,000	373,944,000	410,285,000	452,252,000	307,332,000	329,907,000	357,759,000	404,744,000	257,199,000	313,425,000	319,033,000	333,518,000	258,634,000	304,235,000	308,485,000	351,037,000	228,144,000	222,951,000	243,625,000	248,774,000	184,499,000	212,734,000	228,191,000	248,384,000	226,014,000	250,498,000	264,930,000	331,305,000	266,651,000	295,418,000	316,965,000	342,488,000	259,277,000	303,326,000	322,712,000	328,400,000	268,406,000	297,863,000	307,867,000	323,225,000	272,098,000	325,097,000	262,169,000	282,279,000	265,310,000	279,340,000	239,742,000	240,672,000	248,355,000	239,231,000	244,600,000	259,802,000	259,561,000	242,577,000	247,570,000	227,638,000	200,547,000	185,751,000	164,953,000	138,768,000	124,616,000	112,731,000	113,983,000	102,716,000	96,310,000	88,184,000	91,867,000	108,246,000
total assets	4,493,386,000	4,232,067,000	4,793,993,000	4,820,004,000	4,527,194,000	4,586,970,000	4,635,781,000	4,295,506,000	4,602,937,000	4,567,517,000	5,852,561,000	6,207,925,000	6,711,796,000	6,848,346,000	7,147,181,000	6,726,580,000	6,406,800,000	6,209,559,000	5,971,861,000	5,466,997,000	5,312,118,000	5,095,123,000	5,639,581,000	5,551,879,000	5,507,473,000	5,499,477,000	4,997,241,000	4,944,778,000	4,627,992,000	4,485,095,000	4,928,677,000	4,836,388,000	4,769,762,000	4,385,258,000	4,556,508,000	4,302,303,000	4,215,621,000	4,011,591,000	4,486,766,000	4,148,037,000	4,151,941,000	2,827,731,000	3,332,236,000	3,042,890,000	3,079,476,000	2,898,203,000	3,011,137,000	2,956,456,000	2,921,229,000	2,728,167,000	2,986,893,000	2,994,946,000	2,977,854,000	2,907,998,000	3,081,936,000	3,136,469,000	3,081,014,000	3,159,360,000	3,422,532,000	3,123,698,000	2,808,884,000	2,885,530,000	3,147,762,000	2,899,588,000	2,653,330,000	2,396,215,000	2,862,931,000	3,324,739,000	3,632,311,000	3,356,976,000	3,840,413,000	3,514,194,000	3,109,662,000	2,614,790,000	3,208,665,000	2,031,261,000	2,109,518,000	1,778,044,000	1,910,897,000	1,809,259,000	2,098,790,000	3,850,341,000
liabilities, redeemable noncontrolling interests and stockholders’ equity
liabilities:
deposits and other customer payables	400,328,000	335,380,000	308,213,000	346,834,000	382,115,000	536,343,000	443,262,000	462,841,000	587,838,000	697,088,000	921,834,000	1,499,812,000	1,831,825,000	1,748,858,000	1,442,701,000	1,450,764,000	1,228,248,000	1,239,716,000	1,201,150,000	1,244,562,000	1,230,920,000	1,144,992,000	1,246,200,000	1,405,836,000	1,480,684,000	1,315,867,000	1,154,207,000	1,056,342,000	1,055,244,000	955,723,000	992,338,000	702,014,000	829,993,000	625,797,000	472,283,000	587,059,000	721,171,000	525,439,000	506,665,000	399,824,000	375,835,000	377,511,000	314,284,000	278,334,000	401,002,000	350,114,000	275,434,000	289,872,000	385,985,000	246,792,000	269,763,000	262,206,000	338,514,000	274,690,000	288,427,000	342,704,000	273,465,000	330,390,000	361,553,000	408,768,000	289,528,000	349,718,000	322,101,000	286,580,000	382,334,000	317,448,000		873,665,000	1,095,801,000	766,114,000	858,733,000	914,039,000	802,335,000	800,718,000	1,195,014,000	676,870,000	812,006,000
accrued compensation and benefits	391,048,000	248,194,000	844,953,000	633,712,000	550,189,000	495,923,000	781,375,000	496,711,000	601,689,000	442,890,000	735,576,000	531,496,000	494,464,000	501,325,000	972,303,000	711,779,000	644,777,000	485,739,000	734,544,000	451,180,000	365,989,000	338,913,000	602,777,000	418,779,000	331,636,000	309,794,000	585,484,000	489,090,000	403,495,000	331,734,000	593,781,000	490,844,000	378,279,000	288,987,000	541,588,000	375,512,000	270,468,000	234,741,000	570,409,000	455,966,000	387,467,000	316,553,000	606,290,000	517,640,000	420,872,000	339,162,000	523,063,000	382,064,000	336,194,000	273,962,000	467,578,000	301,174,000	251,120,000	210,439,000	383,513,000	250,252,000	183,660,000	134,836,000	498,880,000	320,663,000	227,630,000	167,825,000	515,033,000	191,947,000	139,430,000	91,441,000		137,427,000	109,649,000	97,988,000	498,058,000	341,670,000	194,229,000	186,406,000	437,738,000	282,747,000	235,417,000	179,727,000	346,090,000	247,415,000
operating lease liabilities	518,172,000	503,875,000	505,483,000	521,521,000	522,864,000	467,351,000	485,191,000	492,036,000	507,157,000	509,761,000	513,688,000	502,206,000	520,025,000	536,910,000	552,522,000	554,900,000	567,726,000	582,178,000	606,963,000	609,850,000	618,362,000	623,926,000	644,345,000	652,681,000	555,324,000	568,108,000
tax receivable agreement obligation	75,826,000	75,826,000	75,899,000	84,137,000	84,137,000	115,001,000	115,087,000	118,546,000	118,546,000	118,563,000	191,189,000	192,399,000	192,473,000	192,489,000	213,434,000	211,236,000	211,236,000	211,236,000	221,451,000	221,890,000	221,890,000	221,787,000	247,344,000	246,953,000	246,953,000	246,966,000	270,640,000	277,163,000	277,163,000	277,215,000	310,275,000	512,821,000	512,834,000	512,874,000	513,610,000	513,623,000	513,623,000	513,648,000	523,962,000	523,907,000	988,085,000
senior debt	1,688,631,000	1,687,841,000	1,687,052,000	1,852,843,000	1,852,149,000	1,851,444,000	1,690,200,000	1,689,579,000	1,688,957,000	1,688,335,000	1,687,714,000	1,687,092,000	1,686,471,000	1,685,849,000	1,685,227,000	1,684,606,000	1,683,984,000	1,683,362,000	1,682,741,000	1,681,487,000	1,680,845,000	1,680,204,000	1,679,562,000	1,678,921,000	1,678,131,000	1,759,297,000	1,434,260,000	1,433,702,000	1,191,277,000	1,190,830,000	1,190,383,000	1,189,936,000	1,189,489,000	1,189,043,000	1,188,600,000	990,488,000	990,111,000	989,735,000	998,350,000	998,350,000	998,350,000	998,350,000	1,048,350,000	1,048,350,000	1,048,350,000	1,048,350,000	1,048,350,000	1,076,850,000	1,076,850,000	1,076,850,000	1,076,850,000	1,076,850,000	1,076,850,000	1,076,850,000	1,076,850,000	1,076,850,000	1,076,850,000	1,076,850,000	1,076,850,000	1,076,850,000	1,076,850,000	1,086,850,000	1,086,850,000	1,086,850,000	1,086,850,000	1,086,850,000		1,150,000,000	1,150,000,000	1,587,500,000	1,587,500,000
deferred tax liabilities	644,000	1,077,000	1,084,000	2,173,000	3,944,000	2,177,000	3,857,000	5,383,000	6,581,000	4,793,000	3,920,000	8,964,000	13,606,000	15,884,000	1,827,000	1,323,000	1,335,000	2,202,000	1,041,000	2,582,000	2,921,000	963,000	3,511,000	1,998,000	2,717,000	952,000	5,571,000	6,481,000	7,184,000	9,520,000	9,407,000	4,281,000	8,966,000	8,801,000	9,168,000	9,377,000	10,046,000	10,794,000	11,104,000
other liabilities	548,675,000	647,510,000	606,526,000	614,329,000	536,675,000	581,725,000	546,947,000	529,068,000	592,701,000	508,206,000	539,770,000	530,137,000	570,265,000	622,403,000	626,203,000	559,258,000	562,639,000	563,427,000	524,538,000	476,748,000	507,223,000	524,721,000	534,268,000	460,490,000	494,150,000	527,121,000	576,986,000	560,415,000	580,525,000	663,892,000	573,588,000	568,017,000	547,488,000	539,656,000	530,241,000	517,065,000	497,467,000	505,473,000	499,942,000	548,432,000	522,746,000	559,284,000	559,346,000	536,065,000	565,252,000	587,108,000	513,427,000	529,820,000	509,062,000	531,805,000	499,651,000	499,705,000	459,589,000	454,362,000	440,131,000	523,023,000	512,682,000	600,967,000	513,410,000	509,110,000	459,553,000	536,646,000	508,603,000	514,600,000	472,193,000	462,303,000		571,253,000	501,749,000	613,988,000	569,179,000	505,244,000	430,221,000	460,371,000	438,473,000	422,651,000	424,126,000	514,555,000	517,590,000	542,929,000		579,765,000
total liabilities	3,623,324,000	3,499,703,000	4,029,210,000	4,055,549,000	3,932,073,000	4,049,964,000	4,065,919,000	3,794,164,000	4,103,469,000	3,969,636,000	4,593,691,000	4,952,106,000	5,309,129,000	5,303,718,000	5,494,217,000	5,173,866,000	4,899,945,000	4,767,860,000	4,972,428,000	4,688,299,000	4,628,150,000	4,535,506,000	4,958,007,000	4,865,658,000	4,789,595,000	4,728,105,000	4,027,148,000	3,823,193,000	3,514,888,000	3,428,914,000	3,669,772,000	3,467,913,000	3,467,049,000	3,172,071,000	3,262,695,000	3,001,161,000	3,011,277,000	2,788,843,000	3,119,460,000	2,936,164,000	3,282,572,000	2,290,426,000	2,562,179,000	2,405,230,000	2,512,775,000	2,342,562,000	2,381,139,000	2,299,395,000	2,329,018,000	2,151,066,000	2,335,353,000	2,161,120,000	2,151,446,000	2,047,220,000	2,215,080,000	2,218,487,000	2,223,222,000	2,318,899,000	2,626,415,000	2,487,704,000	2,223,946,000	2,316,607,000	2,624,665,000	2,274,995,000	2,277,348,000	2,150,294,000		2,932,422,000	3,058,855,000	3,274,932,000	3,717,299,000	3,539,761,000	3,205,275,000	2,765,930,000	3,393,521,000	2,701,202,000	2,812,019,000	2,493,260,000	2,669,839,000	2,622,280,000		3,421,765,000
commitments and contingencies
redeemable noncontrolling interests	83,578,000	83,811,000	79,629,000	84,467,000	80,931,000	88,475,000	87,675,000	81,781,000	83,583,000	89,472,000	583,471,000	578,495,000	575,710,000	575,000,000	575,000,000	575,000,000	575,000,000	575,000,000
stockholders’ equity
preferred stock, par value 0.01 per share; 15,000,000 shares authorized; no shares issued and outstanding at june 30, 2025 and december 31, 2024
common stock:
par value 0.01 per share	1,128,000	1,128,000		1,128,000	1,128,000	1,128,000
additional paid-in-capital	225,058,000	131,697,000	327,810,000	284,091,000	218,455,000	134,573,000	247,204,000	202,617,000	167,622,000	94,312,000	167,890,000	126,746,000	71,918,000		144,729,000	110,470,000	58,000,000		135,439,000	95,143,000	52,274,000		41,020,000	682,003,000	582,342,000	535,926,000	750,692,000	701,849,000	652,013,000	619,430,000	788,140,000	732,981,000	673,242,000	608,073,000	688,231,000	623,512,000	569,154,000	526,298,000	600,034,000	569,535,000	527,454,000	509,383,000	702,800,000	657,279,000	612,952,000	556,711,000	737,899,000	693,741,000	659,365,000	605,166,000	846,050,000	750,647,000	700,064,000	638,868,000	659,013,000	685,800,000	642,269,000	612,101,000	758,841,000	666,705,000	643,921,000	606,392,000	549,931,000	585,246,000	538,227,000	492,097,000		366,712,000	251,748,000	-98,764,000	-161,924,000	-249,602,000	-338,527,000	-371,238,000	-396,792,000	-795,966,000	-818,536,000	-859,877,000	-885,690,000	-913,860,000
retained earnings	1,477,618,000	1,477,662,000	1,472,113,000	1,437,698,000	1,382,703,000	1,384,829,000	1,402,636,000	1,388,508,000	1,431,181,000	1,604,650,000	1,676,713,000	1,682,398,000	1,628,182,000	1,583,005,000	1,560,636,000	1,402,191,000	1,348,121,000	1,278,907,000	1,295,386,000	1,160,310,000	1,140,015,000	1,119,176,000	1,193,570,000	1,168,382,000	1,179,901,000	1,171,754,000	1,195,563,000	1,140,610,000	1,092,381,000	1,005,548,000	1,080,413,000	1,219,303,000	1,166,026,000	1,101,988,000	1,134,186,000	1,058,189,000	998,132,000	970,808,000	1,123,728,000	1,014,145,000	664,001,000	338,165,000	464,655,000	333,294,000	285,476,000	242,818,000	203,236,000	219,319,000	193,958,000	197,297,000	182,647,000	270,245,000	264,682,000	262,100,000	258,646,000	285,575,000	244,633,000	204,666,000	166,468,000	83,348,000	35,487,000	6,160,000	52,726,000	205,483,000	179,144,000	159,444,000		192,361,000	277,111,000	249,405,000	248,551,000	194,563,000	159,487,000	135,445,000	127,608,000	94,534,000	84,993,000	65,053,000	48,986,000	28,427,000
accumulated other comprehensive loss, net of tax	-268,903,000	-306,766,000	-326,742,000	-271,844,000	-306,293,000	-303,995,000	-289,950,000	-293,059,000	-281,886,000	-282,957,000	-295,854,000	-334,382,000	-290,029,000	-237,626,000	-223,847,000	-246,534,000	-226,648,000	-255,711,000	-238,368,000	-279,785,000	-308,921,000	-333,412,000	-293,648,000	-288,621,000	-271,984,000	-268,858,000	-273,818,000	-260,365,000	-253,499,000	-219,124,000	-232,518,000	-261,673,000	-277,785,000	-296,699,000	-314,222,000	-236,088,000	-237,030,000	-221,572,000	-234,356,000	-252,525,000	-235,349,000	-233,494,000	-200,766,000	-152,184,000	-127,480,000	-126,383,000	-133,004,000	-127,852,000	-141,489,000	-124,758,000	-110,541,000	-81,408,000	-94,171,000	-71,903,000	-88,364,000	-57,712,000	-17,827,000	-26,567,000	-46,158,000				-57,048,000	-26,501,000	-47,759,000	-97,535,000
common stock held by subsidiaries, at cost	-693,298,000	-700,693,000	-838,069,000	-826,800,000	-837,338,000	-823,821,000
total lazard stockholders’ equity	741,603,000	603,028,000	636,240,000	624,273,000	458,655,000	392,714,000
noncontrolling interests	44,881,000	45,525,000	48,914,000	55,715,000	55,535,000	55,817,000	58,428,000	58,243,000	55,907,000	56,983,000	118,936,000	116,688,000	111,295,000	119,802,000	102,744,000	99,907,000	104,972,000	101,694,000	87,661,000	84,885,000	83,371,000	73,184,000	71,583,000	72,779,000	99,076,000	70,151,000	53,242,000	54,460,000	57,942,000	59,620,000	59,102,000	60,633,000	59,687,000	60,110,000	57,826,000	57,967,000	58,143,000	57,420,000	53,851,000	57,218,000	59,165,000	64,222,000	63,313,000	65,090,000	66,639,000	69,797,000	69,789,000	74,287,000	74,127,000	80,501,000	81,884,000	119,999,000	121,983,000	122,444,000	140,713,000	144,683,000	147,276,000	146,735,000	143,719,000	147,423,000	154,353,000	171,111,000	167,706,000	196,923,000	51,906,000	14,918,000
total stockholders’ equity	786,484,000	648,553,000	685,154,000	679,988,000	514,190,000	448,531,000	482,187,000	419,561,000	415,885,000	508,409,000	675,399,000	677,324,000	826,957,000	969,628,000	1,077,964,000	977,714,000	931,855,000	866,699,000	999,433,000	778,698,000	683,968,000	559,617,000	681,574,000	686,221,000	717,878,000	771,372,000	970,093,000	1,121,585,000	1,113,104,000	1,056,181,000	1,258,905,000	1,368,475,000	1,302,713,000	1,213,187,000	1,293,813,000	1,301,142,000	1,204,344,000	1,222,748,000	1,367,306,000	1,211,873,000	869,369,000	537,305,000	770,057,000	637,660,000	566,701,000	555,641,000	629,998,000	657,061,000	592,211,000	577,101,000	651,540,000	833,826,000	826,408,000	860,778,000	866,856,000	917,982,000	857,792,000	840,461,000	796,117,000	635,994,000	584,938,000	568,923,000	523,097,000	624,593,000	375,982,000	245,921,000		293,332,000	352,829,000	36,430,000	70,339,000
total liabilities, redeemable noncontrolling interests and stockholders’ equity	4,493,386,000	4,232,067,000	4,793,993,000	4,820,004,000	4,527,194,000	4,586,970,000	4,635,781,000	4,295,506,000	4,602,937,000	4,567,517,000	5,852,561,000	6,207,925,000	6,711,796,000	6,848,346,000	7,147,181,000	6,726,580,000	6,406,800,000	6,209,559,000
preferred stock, par value 0.01 per share; 15,000,000 shares authorized; no shares issued and outstanding at march 31, 2025 and december 31, 2024
preferred stock, par value .01 per share; 15,000,000 shares authorized; no shares issued and outstanding at december 31, 2024 and 2023
par value .01 per share			1,128,000
preferred stock, par value 0.01 per share; 15,000,000 shares authorized; no shares issued and outstanding at september 30, 2024 and december 31, 2023
preferred stock, par value .01 per share; 15,000,000 shares authorized; no shares issued and outstanding at june 30, 2024 and december 31, 2023
preferred stock, par value .01 per share; 15,000,000 shares authorized:
series a - no shares issued and outstanding
series b - no shares issued and outstanding
class a, par value .01 per share							1,128,000			1,128,000	1,128,000	1,128,000	1,128,000	1,128,000	1,128,000	1,128,000	1,128,000	1,128,000	1,128,000	1,128,000	1,128,000	1,128,000	1,128,000	1,298,000	1,298,000	1,298,000	1,298,000	1,298,000	1,298,000	1,298,000	1,298,000	1,298,000	1,298,000	1,298,000	1,298,000	1,298,000	1,298,000	1,298,000	1,298,000	1,298,000	1,298,000	1,298,000	1,298,000	1,298,000	1,298,000	1,291,000	1,291,000	1,290,000	1,290,000	1,282,000	1,282,000	1,232,000	1,232,000	1,231,000	1,230,000	1,229,000	1,204,000	1,197,000	1,197,000	1,166,000	1,128,000	1,014,000	922,000	922,000	870,000	765,000		760,000	687,000	517,000	517,000	517,000	516,000	516,000	516,000	375,000	375,000	375,000	375,000
class a common stock held by subsidiaries, at cost							-937,259,000	-937,876,000	-958,067,000	-965,707,000	-993,414,000	-915,254,000	-695,537,000	-496,681,000	-507,426,000	-389,448,000	-353,718,000	-259,319,000	-281,813,000	-282,983,000	-283,899,000	-300,459,000	-332,079,000	-949,620,000	-872,755,000	-738,899,000	-756,884,000	-516,267,000	-437,031,000	-410,591,000	-437,530,000	-384,067,000	-319,755,000	-261,583,000	-273,506,000	-203,736,000	-185,353,000	-111,504,000	-177,249,000	-177,798,000	-147,200,000	-142,269,000	-261,243,000	-267,117,000	-272,184,000	-188,593,000	-249,213,000	-203,724,000	-195,040,000	-182,387,000	-349,782,000	-226,889,000	-167,382,000	-91,962,000	-104,382,000
total lazard ltd stockholders’ equity							423,759,000	361,318,000	359,978,000	451,426,000	556,463,000	560,636,000	715,662,000	849,826,000	975,220,000	877,807,000	826,883,000	765,005,000	911,772,000	693,813,000	600,597,000	486,433,000	609,991,000	613,442,000	618,802,000	701,221,000	916,851,000	1,067,125,000	1,055,162,000	996,561,000	1,199,803,000	1,307,842,000	1,243,026,000	1,153,077,000	1,235,987,000	1,243,175,000	1,146,201,000	1,165,328,000	1,313,455,000	1,154,655,000	810,204,000	473,083,000	706,744,000	572,570,000	500,062,000	485,844,000	560,209,000	582,774,000	518,084,000	496,600,000	569,656,000	713,827,000	704,425,000	738,334,000	726,143,000	773,299,000	710,516,000	693,726,000	652,398,000	488,571,000	430,585,000	397,812,000	355,391,000	427,670,000	324,076,000	231,003,000
class a, par value 0.01 per share								1,128,000	1,128,000
cash deposited with clearing organizations and other segregated cash																			44,488,000	41,260,000	40,283,000	41,398,000	43,280,000	40,280,000	39,761,000	39,302,000	38,379,000	37,985,000	37,089,000	38,643,000	35,539,000	35,369,000	34,480,000	33,687,000	29,030,000	35,168,000	33,522,000	34,034,000	34,948,000	34,859,000	33,726,000	46,700,000	43,290,000	44,710,000	67,661,000	64,460,000	62,046,000	59,541,000	60,767,000	60,484,000	65,232,000	61,863,000	78,774,000	74,502,000	75,506,000	66,219,000	100,162,000	99,533,000	92,911,000	24,449,000	20,631,000	18,973,000	20,217,000	19,678,000
liabilities and stockholders’ equity
total liabilities and stockholders’ equity																			5,971,861,000	5,466,997,000	5,312,118,000	5,095,123,000	5,639,581,000	5,551,879,000	5,507,473,000	5,499,477,000	4,997,241,000	4,944,778,000	4,627,992,000	4,485,095,000	4,928,677,000	4,836,388,000	4,769,762,000	4,385,258,000	4,556,508,000	4,302,303,000	4,215,621,000	4,011,591,000	4,486,766,000	4,148,037,000	4,151,941,000	2,827,731,000	3,332,236,000	3,042,890,000	3,079,476,000	2,898,203,000	3,011,137,000	2,956,456,000	2,921,229,000	2,728,167,000	2,986,893,000	2,994,946,000	2,977,854,000	2,907,998,000	3,081,936,000	3,136,469,000	3,081,014,000	3,159,360,000	3,422,532,000	3,123,698,000	2,808,884,000	2,885,530,000	3,147,762,000	2,899,588,000	2,653,330,000	2,396,215,000
capital lease obligations																																		6,913,000	7,205,000	8,037,000	8,391,000	9,013,000	9,028,000	9,685,000	10,089,000	10,184,000	12,015,000	12,889,000	14,530,000	15,246,000	15,834,000	16,094,000	16,168,000	16,395,000	17,863,000	18,148,000	18,293,000	19,891,000	20,084,000	21,576,000	23,101,000	23,464,000	22,903,000	21,749,000	20,165,000	22,572,000	24,628,000	25,905,000	25,479,000	24,926,000		28,298,000	31,559,000	32,505,000	27,122,000	26,525,000	25,435,000	25,387,000	25,445,000	24,690,000	25,094,000	24,178,000	23,844,000	24,607,000		45,098,000
series a - 0 and 7,921 shares issued and outstanding at december 31, 2016 and 2015, respectively
series a - 7,921 shares issued and outstanding at september 30, 2016 and december 31, 2015
series a - 7,921 shares issued and outstanding at june 30, 2016 and december 31, 2015
series a - 7,921 shares issued and outstanding at march 31, 2016 and december 31, 2015
series a - 7,921 shares issued and outstanding at december 31, 2015 and 2014
series a - 7,921 shares issued and outstanding at september 30, 2015 and december 31, 2014
series a - 7,921 shares issued and outstanding at june 30, 2015 and december 31, 2014
related parties																																										1,181,000	1,267,000	530,000	24,243,000	4,185,000	7,920,000	14,276,000	15,242,000	18,458,000	23,801,000	10,902,000	14,102,000	15,232,000	18,501,000	14,248,000	13,502,000	12,200,000	24,874,000	6,829,000	6,297,000	11,690,000	14,415,000	8,256,000	10,235,000	7,593,000	10,377,000	9,361,000	9,961,000	21,799,000	30,287,000	24,774,000	29,801,000	17,159,000	18,543,000	16,993,000	19,545,000	51,808,000	53,932,000	55,042,000	43,078,000
related party payables																																										28,544,000	21,894,000	11,952,000	62,769,000	2,582,000	5,031,000	4,695,000	4,759,000	5,262,000	3,648,000	3,037,000	7,080,000	10,988,000	6,075,000	4,082,000	3,464,000	2,392,000	2,819,000	564,000	220,000	2,996,000	17,450,000	19,113,000	21,062,000	17,326,000		21,779,000	20,097,000	26,837,000	26,707,000	9,432,000	12,095,000	9,540,000	9,794,000	3,430,000	3,530,000
series a - 7,921 shares issued and outstanding at march 31, 2015 and december 31, 2014
series a - 7,921 shares issued and outstanding at december 31, 2014 and 2013
class b, par value .01 per share
series a - 7,921 shares issued and outstanding at september 30, 2014 and december 31, 2013
deposits with banks																																													322,280,000	274,391,000	244,879,000	273,168,000	344,839,000	254,143,000	292,494,000	266,680,000	324,355,000	257,685,000	286,037,000	267,906,000	248,944,000	307,181,000	356,539,000
series a - 7,921 shares issued and outstanding at june 30, 2014 and december 31, 2013
series a - 7,921 shares issued and outstanding at march 31, 2014 and december 31, 2013
series a - 7,921 shares issued and outstanding at december 31, 2013 and 2012
series a - 7,921 shares issued and outstanding at september 30, 2013 and december 31, 2012
series a - 7,921 shares issued and outstanding at june 30, 2013 and december 31, 2012
series a - 7,921 shares issued and outstanding at march 31, 2013 and december 31, 2012
series a - 7,921 shares issued and outstanding at december 31, 2012 and 2011
series a - 7,921 shares issued and outstanding at september 30, 2012 and december 31, 2011
series a - 7,921 shares issued and outstanding at june 30, 2012 and december 31, 2011
series a - 7,921 shares issued and outstanding at march 31, 2012 and december 31, 2011
subordinated debt																																																									150,000,000	150,000,000	150,000,000	150,000,000	150,000,000	150,000,000	150,000,000	150,000,000	150,000,000	150,000,000		150,000,000	150,000,000	150,000,000	150,000,000
series a - 7,921 and 22,021 shares issued and outstanding at december 31, 2011 and 2010, respectively
receivables-net:
series a - 7,921 and 22,021 shares issued and outstanding at september 30, 2011 and december 31, 2010, respectively
class a common stock held by a subsidiary, at cost																																																								-141,593,000	-159,763,000	-97,671,000	-227,950,000	-192,129,000	-132,157,000	-140,581,000	-191,140,000
series a - 22,021 shares issued and outstanding at june 30, 2011 and december 31, 2010
series a - 22,021 shares issued and outstanding at march 31, 2011 and december 31, 2010
series a - 22,021 and 26,883 shares issued and outstanding at december 31, 2010 and 2009, respectively
banks																																																												179,112,000	163,413,000	168,910,000	143,778,000	7,104,000	87,982,000	15,922,000	229,092,000	655,737,000	824,157,000	585,297,000	495,821,000	465,386,000	430,143,000	424,860,000	721,002,000	331,205,000	476,731,000	204,201,000	347,912,000	270,945,000	629,617,000	323,752,000
investments:
debt:
u.s. government and agencies																																																												148,177,000	147,881,000	147,412,000	147,507,000	147,591,000
other																																																												264,490,000	219,939,000	275,693,000	313,342,000	336,837,000	224,147,000	212,228,000	215,792,000	245,680,000	260,874,000	251,967,000	169,612,000									1,543,000	1,931,000	1,013,000
equities																																																												85,215,000	73,978,000	80,146,000	82,442,000	80,269,000	73,115,000	50,662,000	71,105,000	112,016,000	204,688,000	232,672,000	333,796,000	236,168,000	148,061,000	106,989,000	3,222,000	3,004,000	2,938,000	4,336,000	2,964,000	3,191,000	4,587,000	24,718,000
series a - 22,021 and 26,883 shares issued and outstanding at september 30, 2010 and december 31, 2009, respectively
accumulated other comprehensive income, net of tax																																																												-70,519,000	-117,794,000	-75,173,000						-11,715,000	41,047,000	69,410,000	52,491,000	52,187,000	38,783,000	32,590,000	32,494,000	-8,066,000	-7,738,000	-27,785,000	-34,342,000	-32,423,000
series a - 26,883 shares issued and outstanding at june 30, 2010 and december 31, 2009
series a - 26,883 shares issued and outstanding at march 31, 2010 and december 31, 2009
receivables—net:
series a - 26,883 and 31,745 shares issued and outstanding at december 31, 2009 and 2008, respectively
series a - 26,883 and 31,745 shares issued and outstanding at september 30, 2009 and december 31, 2008, respectively
less - class a common stock held by a subsidiary, at cost																																																																-337,480,000	-346,406,000	-323,768,000		-254,786,000	-217,764,000	-184,138,000	-69,296,000	-72,204,000
cash segregated for regulatory purposes or deposited with clearing organizations																																																																	7,904,000	12,396,000	14,583,000	10,649,000	16,993,000	14,914,000	24,585,000	29,946,000	32,051,000	32,387,000	16,023,000
debt																																																																	320,743,000	296,041,000	333,070,000	378,229,000	432,973,000	455,063,000	585,433,000
series a - 31,745 shares issued and outstanding at june 30, 2009 and december 31, 2008
series a - 31,745 shares issued and outstanding at march 31, 2009 and december 31, 2008
liabilities, minority interest and stockholders’ equity
minority interest																																																																				98,985,000	220,627,000	45,614,000	52,775,000	48,972,000	48,305,000	55,726,000	55,497,000	43,361,000	42,584,000	107,018,000	111,729,000	104,460,000		141,308,000
series a - 31,745 and 36,607 shares issued and outstanding at december 31, 2008 and 2007, respectively
series b - none and 277 shares issued and outstanding at december 31, 2008 and 2007, respectively
total liabilities, minority interest and stockholders’ equity																																																																				3,324,739,000	3,632,311,000	3,356,976,000	3,840,413,000
series a - 31,975 and 36,607 shares issued and outstanding at september 30, 2008 and december 31, 2007, respectively
series b - none and 277 shares issued and outstanding at september 30, 2008 and december 31, 2007, respectively
customers																																																																					97,482,000	60,181,000	50,187,000	102,579,000	58,186,000	83,101,000	77,832,000	66,844,000	58,096,000	101,996,000	65,253,000	112,332,000	83,639,000	204,053,000
series a - 36,607 shares issued and outstanding at june 30, 2008 and december 31, 2007
series b - 277 shares issued and outstanding at june 30, 2008 and december 31, 2007
series a - 36,607 shares issued and outstanding at march 31, 2008 and december 31, 2007
series b - 277 shares issued and outstanding at march 31, 2008 and december 31, 2007
investments—at fair value:
series a - 36,607 shares issued and outstanding at december 31, 2007
series b - 277 shares issued and outstanding at december 31, 2007
securities owned—at fair value:
bonds—corporate																																																																								493,932,000	469,324,000	472,739,000	521,483,000	368,448,000	383,424,000	327,100,000	228,927,000	259,775,000	292,794,000	406,966,000
non-u.s. government and agency securities																																																																								35,068,000	30,785,000	29,035,000	25,438,000	18,900,000	18,688,000	17,793,000	40,285,000	29,616,000	29,865,000	38,077,000
long-term investments—at fair value																																																																								188,626,000	154,467,000	127,008,000
liabilities, minority interest and stockholders’ deficiency
senior borrowings																																																																								1,592,851,000	1,590,960,000	1,083,508,000	1,087,057,000	1,083,512,000	1,089,111,000	1,015,517,000	1,022,082,000	1,005,918,000
subordinated borrowings																																																																								150,000,000	150,000,000	200,000,000	200,000,000	200,000,000	200,000,000	200,000,000	200,000,000	200,000,000
stockholders’ deficiency
series a - 36,607 shares issued and outstanding at september 30, 2007
series b - 277 shares issued and outstanding at september 30, 2007
total stockholders’ deficiency																																																																								-74,539,000	-143,918,000	-206,866,000	-240,353,000	-713,302,000	-745,085,000	-822,234,000	-870,671,000	-917,481,000
total liabilities, minority interest and stockholders’ deficiency																																																																								3,514,194,000	3,109,662,000	2,614,790,000	3,208,665,000	2,031,261,000	2,109,518,000	1,778,044,000
goodwill																																																																									17,135,000	16,960,000	16,945,000	16,580,000	16,528,000	16,145,000	15,996,000	16,252,000	16,283,000	16,786,000
less - class a common stock held in treasury, at cost																																																																									-4,177,000	-4,179,000	-4,179,000
long-term investments																																																																											122,311,000	84,776,000	81,372,000	83,944,000	80,843,000	89,386,000	87,602,000	196,892,000
other investments																																																																											5,938,000	4,758,000	4,743,000	4,352,000	4,473,000	8,312,000	8,313,000	13,069,000
cash and securities segregated for regulatory purposes																																																																												29,334,000	15,601,000	20,460,000	20,596,000	20,878,000	23,328,000	39,650,000
securities purchased under agreements to resell																																																																												10,001,000	6,229,000		23,358,000	6,623,000	15,115,000	131,164,000
swaps and other contractual agreements																																																																												111,000	1,301,000	166,000	186,000	229,000	268,000
securities sold under agreements to repurchase																																																																												6,584,000	22,121,000	10,410,000	31,853,000	18,702,000		214,405,000
less: class a common stock held in treasury, at cost																																																																												-4,179,000	-4,179,000
payables:
marketable investments																																																																																	11,146,000	95,281,000
assets of discontinued operations
liabilities, minority interest and members’ equity and stockholders’ deficiency
mandatorily redeemable preferred stock																																																																																		100,000,000
liabilities of discontinued operations
members’ equity and stockholders’ deficiency
members’ equity																																																																																		287,268,000
total members’ equity
total liabilities, minority interest and members’ equity and stockholders’ deficiency																																																																															1,910,897,000
property—net of accumulated amortization and depreciation of 151,309 and 155,830																																																																																161,780,000
liabilities and members’ equity and stockholders’ deficiency
brokers and dealers																																																																																		226,849,000
class a, par value .01 per share,																																																																																375,000
class b, par value .01 per share,
total liabilities, minority interest, and members’ equity and stockholders’ deficiency																																																																																1,809,259,000
property—net of accumulated amortization and depreciation of 151,309 and 148,519																																																																																	173,933,000
liabilities and members’ and stockholders’ equity
members’ and stockholders’ equity
total liabilities, minority interest, and members’ and stockholders’ equity
u.s. government and agency securities pledged as collateral																																																																																		165,931,000
securities borrowed																																																																																		1,194,668,000
property—net of accumulated amortization and depreciation of 151,309 and 151,029																																																																																		188,587,000
liabilities and members’ equity
notes payable																																																																																		55,496,000
securities sold, not yet purchased—at fair value:
u.s. government and agency securities																																																																																		128,407,000
securities loaned																																																																																		1,123,507,000
accrued employee compensation																																																																																		67,721,000
subordinated loans																																																																																		200,000,000
total liabilities and members’ equity																																																																																		3,850,341,000

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