GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Lazard Inc (LTS:0UB6) » Definitions » Pre-Tax Income

Lazard (LTS:0UB6) Pre-Tax Income : $12 Mil (TTM As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Lazard Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Lazard's pretax income for the three months ended in Mar. 2024 was $55 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $12 Mil. Lazard's pretax margin was 7.05%.

During the past 13 years, Lazard's highest Pretax Margin was 30.68%. The lowest was -3.13%. And the median was 20.39%.


Lazard Pre-Tax Income Historical Data

The historical data trend for Lazard's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lazard Pre-Tax Income Chart

Lazard Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 392.70 502.14 723.85 516.85 -79.96

Lazard Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -36.92 -110.07 -4.86 71.90 54.56

Competitive Comparison of Lazard's Pre-Tax Income

For the Capital Markets subindustry, Lazard's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lazard's Pre-Tax Income Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Lazard's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Lazard's Pre-Tax Income falls into.



Lazard Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Lazard's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-44.306+-0.334+-77.673+42.022+0.334
=-80

Lazard's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=63.886+-0.068+-20.728+11.471+-7.105427357601E-15
=55

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $12 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Lazard  (LTS:0UB6) Pre-Tax Income Explanation

Lazard's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=54.561/774.01
=7.05%

During the past 13 years, Lazard's highest Pretax Margin was 30.68%. The lowest was -3.13%. And the median was 20.39%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Lazard Pre-Tax Income Related Terms

Thank you for viewing the detailed overview of Lazard's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Lazard (LTS:0UB6) Business Description

Traded in Other Exchanges
Address
2 Church Street, Clarendon House, Hamilton, BMU, HM11
Lazard has a storied history that can be traced back to 1848. The company's revenue is nearly equally split between financial advisory, such as acquisition and restructuring advisory, and asset management. The company's asset management business is primarily equities (over 80% of assets under management), has an international focus, and is geared toward institutional clients. By geography, the company earns approximately 60% of revenue in the Americas, 35% in EMEA, and 5% in Asia-Pacific. Lazard has offices across more than 20 countries and over 3,000 employees.

Lazard (LTS:0UB6) Headlines

No Headlines