Lazard Ltd, together with its subsidiaries, operates as a financial advisory and asset management firm in North America, Europe, Asia, Australia, and Central and South America. It operates in two segments, Financial Advisory and Asset Management. The Financial Advisory segment offers various financial advisory services regarding mergers and acquisitions, restructurings, capital advisory, shareholder advisory, capital raising, sovereign advisory, and other strategic advisory matters. This segment serves corporate, partnership, institutional, government, sovereign, and individual clients across various industry areas, including consumers, financial institutions, healthcare and life sciences, industrials, power and energy/infrastructure, and real estate, as well as technology, telecommunication, and media and entertainment. The Asset Management segment offers a range of investment solutions, and investment and wealth management services in equity and fixed income strategies; asset allocation strategies; and alternative investments and private equity funds to corporations, public funds, sovereign entities, endowments and foundations, labor funds, financial intermediaries, and private clients. The company was founded in 1848 and is based in Hamilton, Bermuda.

Lazard Ltd

Arlington Capital Advisors is a boutique investment bank that focuses exclusively on advising consumer businesses. Self-described values include knowledge, passion, and integrity.

Arlington Capital Advisors

Lake Street Capital Markets is a research-powered investment bank that focuses on growth companies. It helps institutional investors identify growth themes and innovative companies best positioned to capitalize on them.

Lake Street Capital Markets

LionTree is an independent investment and merchant bank that focuses on the media, technology, communications, consumer, and creative industries. It provides advisory, capital markets, and asset management services.

LionTree

Lazard is a financial services company founded in 1848. It provides advice and investment solutions in global financial services.

Lazard

Lazard Asset Management

Founded in 1848, Lazard is one of the world's preeminent financial advisory and asset management firms, with operations in North and South America, Europe, the Middle East, Asia, and Australia. Lazard provides advice on mergers and acquisitions, capital markets and capital solutions, restructuring and liability management, geopolitics, and other strategic matters, as well as asset management and investment solutions to institutions, corporations, governments, partnerships, family offices, and high net worth individuals. For more information, please visit www.lazard.com.

Social Media Disclosure: https://www.lazard.com/social-media-community-guidelines/

Grass Valley

NetByTel

AptSoft

This month, we welcomed a group of talented interns to our Riyadh office, marking the launch of Lazard's inaugural internship program in Saudi Arabia and reaffirming our commitment to nurturing local talent in the region.

These exceptional individuals will immerse themselves in Lazard's financial advisory business, gaining invaluable hands-on training and experience across M&A, financial restructuring, capital structure advisory and IPOs. 
 
Please join us in giving them a warm welcome to the firm!

Our 2024 full-time North America and Brazil Financial Advisory Associate classes have successfully completed their first week of training! Throughout August, they will engage in a series of exams and technical skills training sessions. Additionally, they will have the opportunity to meet with senior leaders including Chief Executive Officer Peter Orszag, President Raymond McGuire, and Global Chief Operating Officer of Financial Advisory Jason Bernhard. 

#SummeratLazard

Lazard served as the independent financial advisor to Ocado Group plc for its capital raising efforts, which included a £300 million Revolving Credit Facility (RCF), a £250 million Convertible Bond issuance, and £450 million in Senior Unsecured Notes.

Lazard acted as exclusive financial advisor to the Special Committee of the Board of Directors of Thoughtworks on its acquisition by Apax Partners.

This morning, our Chief Executive Officer Peter Orszag joined CNBC and discussed inflation, the regulatory environment, and momentum across dealmaking. While the market has seen an uptick in mid-cap strategic deals, Financial Sponsors should become more active as interest rates come down.

We are thrilled to share the incredible talent showcased in this year's Lazard Photography Challenge. Since its inception five years ago, the challenge has continually amazed us with the creativity and unique perspectives of our colleagues from around the globe.

This year, we received nearly 1,000 submissions across our five categories: Collegial, Commercial, Innovation, Art & Architecture, and Sustainability & Nature. 

Please join us in congratulating our all-around Gold winners:

🏆 Teresa S. - Asset Management (Commercial)
 
🏆 Joanna O. - Financial Advisory (Commercial)

🏆 Gerald N. - Financial Advisory (Collegial)

🏆 Raquel T. - Financial Advisory (Art & Architecture)

🏆 Julia P. - Asset Management (Sustainability & Nature)

Stay tuned as we showcase our category winners in the coming months!

Metric
Company Name	Lazard Ltd	Arlington Capital Advisors	Lake Street Capital Markets	LionTree
Symbol	LAZ
MSH ID	COM:LAZARD	COM:ARLINGTONCAPITALADVISORS	COM:LAKESTREETCAPITALMARKETS	COM:LIONTREE
Market	STOCKS	PRIVATE	PRIVATE	PRIVATE
Sector	Financial Services	Financial Services & Finance	Financial Services & Finance	Financial Services & Finance
Industry	Financial - Capital Markets	Investment Banking	Investment Banking	Investment Banking
Country	BM	US	US	US
Stage
Employee Count	3.11K			51
Website	lazard.com	arlingtoncapitaladvisors.com	lakestreetcapitalmarkets.com	liontree.com
LinkedIn	lazard
Founders

Metric
Market Cap	3.49B
Enterprise Value
Monthly Web Traffic		2.07K	5.78K
Web Traffic Growth		-0.86	-0.08
Valuation
Raised Capital

Metric
Revenue	2.56B
Revenue (LTM)
Revenue (NTM)
Gross Profit	2.45B
EBITDA	-57.89M
Operating Income	-164.63M
Net Income	-79.92M
EPS	-0.90
Diluted EPS	-0.90
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	0.84
Operating Profit Margin	0.09
EBITDA Margin	-0.02
Net Profit Margin	0.05
Return on Equity	0.38
Return on Assets	0.03
Return on Capital Employed	0.06

COM:LAZARD

Lazard

Last Close

57.12

22/11 21:00

Market Cap

3.49B

Beta: -

Volume Today

796.97K

Avg: -

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	-47.86
P/B Ratio	9.94
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	1.71
EV Multiple	41.41

Metric
Days Sales Outstanding	92.32
Days Payables Outstanding
Days Inventory Outstanding
Operating Cycle	107.30
Cash Conversion Cycle	97.46
Asset Turnover	0.63

Metric
Operating Cash Flow	164.66M
Free Cash Flow	136.37M
Cash Flow to Debt	0.17
Operating Cash Flow/Sales	0.11
Free Cash Flow Yield	0.03

Metric
Cash & Equivalents	1.01B
Accounts Receivable	-100.50M
Inventory
Goodwill	394.90M
Debt to Capitalization	0.83
Debt to Assets	0.51
Current Ratio	2.82
Quick Ratio	11.91

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue	0.21
R&D to Revenue
SG&A to Revenue	0.09