Lazard (LTS:0UB6) Tax Rate % : 26.28% (As of Mar. 2024)

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What is Lazard Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Lazard's Tax Expense for the three months ended in Mar. 2024 was $14 Mil. Lazard's Pre-Tax Income for the three months ended in Mar. 2024 was $55 Mil. Therefore, Lazard's Tax Rate % for the quarter that ended in Mar. 2024 was 26.28%.

Lazard Tax Rate % Historical Data

The historical data trend for Lazard's Tax Rate % 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.

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Lazard Tax Rate % Chart

Lazard Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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24.19

19.80

25.05

24.06

28.33

Lazard Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															58.84	-9.36	239.47	0.56	26.28

Lazard Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Lazard's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	-22.65	/	-79.957
	=	28.33 %

Lazard's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	14.337	/	54.561
	=	26.28 %

Lazard Tax Rate % Related Terms

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Lazard (LTS:0UB6) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

LAZ:USA

Address

2 Church Street, Clarendon House, Hamilton, BMU, HM11

Website

https://www.lazard.com

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

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