Sector: Financials | Industry: Investment Management & Fund Operators |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 30 Rockefeller Plaza NEW YORK NY 10112 |
Tel: | N/A |
Website: | https://www.lazard.com |
IR: | See website |
Key People | ||
Kenneth M. Jacobs Executive Chairman of the Board | Bennett Monson Managing Director | Peter Richard Orszag Chief Executive Officer |
Mary Ann Betsch Chief Financial Officer | Jean-Louis Girodolle Chief Executive Officer of Lazard Investment Banking | Peter R. Orszag Chief Executive Officer of Financial Advisory |
Evan L. Russo Chief Executive Officer - Lazard Asset Management | Alexandra Soto Chief Operating Officer | Michael Gathy Chief Accounting Officer | Scott D. Hoffman Chief Administrative Officer, General Counsel, Secretary |
Business Overview |
Lazard, Inc. is a financial advisory and asset management company. The Financial Advisory segment offers corporate, partnership, institutional, government, sovereign and individual clients across the globe an array of financial advisory services regarding strategic and mergers and acquisitions (M&A) advisory, capital markets advisory, shareholder advisory, restructuring and capital solutions, sovereign advisory, geopolitical advisory, and other strategic advisory matters and capital raising and placement. The Asset Management segment offers a range of global investment solutions and investment and wealth management services in equity and fixed income strategies, asset allocation strategies, alternative investments and private equity funds to corporations, public funds, sovereign entities, endowments and foundations, labor funds, financial intermediaries and private clients. The Company operates in North and South America, Europe, Asia and Australia. |
Financial Overview |
For the fiscal year ended 31 December 2023, Lazard Inc revenues decreased 9% to $2.61B. Net loss applicable to common stockholders totaled $79.9M vs. income of $351.8M. Revenues reflect Financial Advisory segment decrease of 17% to $1.39B, Asset Management segment decrease of 4% to $1.15B, Americas (Region) segment decrease of 20% to $1.19B. Net loss reflects Financial Advisory segment loss totaling $104.5M vs. income of $361.4M. |
Employees: | 3,291 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $5,701M as of Mar 31, 2024 |
Annual revenue (TTM): | N/A |
EBITDA (TTM): | N/A |
Net annual income (TTM): | N/A |
Free cash flow (TTM): | N/A |
Net Debt Last Fiscal Year: | $1,305M as of Mar 31, 2024 |
Shares outstanding: | 112,766,091 as of Apr 19, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |