Lazard Ltd (NYSE:LAZ) is a prominent financial advisory and asset management firm, competing with giants like Goldman Sachs and Morgan Stanley. On October 23, 2025, Lazard reported earnings that showcased a strong financial performance, exceeding market expectations.
Lazard's Earnings Per Share (EPS) for the third quarter of 2025 was $0.56, surpassing the estimated EPS of $0.44. This represents a significant improvement from the previous year's EPS of $0.38. The company's ability to exceed the consensus EPS estimate of $0.41 by 36.59% highlights its strong performance and potential for future growth, as noted by Zacks.
The company's revenue for the quarter reached $748.08 million, exceeding the estimated $726.25 million. This figure also marks a 12.2% increase from the same period last year, when revenue was $645.91 million. Lazard's consistent ability to outperform revenue estimates, with a positive surprise of 3.85%, underscores its robust financial health.
Lazard's financial metrics provide further insights into its market valuation. The company has a price-to-earnings (P/E) ratio of approximately 15.04, indicating how the market values its earnings. Its price-to-sales ratio is about 1.46, reflecting investor willingness to pay per dollar of sales. The enterprise value to sales ratio stands at 1.31, showing its total valuation relative to revenue.
The company's financial stability is also evident in its debt-to-equity ratio of 0.70, indicating a balanced approach to financing its assets. Lazard's current ratio of 1.89 suggests a strong ability to cover short-term liabilities with short-term assets. These metrics, combined with an earnings yield of 6.65%, provide a comprehensive view of Lazard's financial position and potential for investors.