Lazard Ltd
LAZFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
3,086
Cost of Revenue
2,003
Gross Profit
1,083
Gross Margin
35.1%
Operating Income
386
Operating Margin
12.5%
Net Income
280
Net Margin
9.1%
EPS (Basic)
$2.93
EPS (Diluted)
$2.68
EBITDA
511
EBITDA Margin
16.6%
2023
12/31/2023
Revenue
2,551
Cost of Revenue
1,946
Gross Profit
605
Gross Margin
23.7%
Operating Income
-80
Operating Margin
-3.1%
Net Income
-75
Net Margin
-3.0%
EPS (Basic)
$-0.90
EPS (Diluted)
$-0.90
EBITDA
41
EBITDA Margin
1.6%
2022
12/31/2022
Revenue
2,826
Cost of Revenue
1,656
Gross Profit
1,169
Gross Margin
41.4%
Operating Income
517
Operating Margin
18.3%
Net Income
358
Net Margin
12.7%
EPS (Basic)
$3.68
EPS (Diluted)
$3.51
EBITDA
641
EBITDA Margin
22.7%
2021
12/31/2021
Revenue
3,268
Cost of Revenue
1,896
Gross Profit
1,372
Gross Margin
42.0%
Operating Income
724
Operating Margin
22.1%
Net Income
528
Net Margin
16.2%
EPS (Basic)
$4.90
EPS (Diluted)
$4.63
EBITDA
843
EBITDA Margin
25.8%
2020
12/31/2020
Revenue
2,641
Cost of Revenue
1,551
Gross Profit
1,090
Gross Margin
41.3%
Operating Income
502
Operating Margin
19.0%
Net Income
402
Net Margin
15.2%
EPS (Basic)
$3.69
EPS (Diluted)
$3.54
EBITDA
620
EBITDA Margin
23.5%