---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-003066"
form_type: "8-K"
ticker: "LAZ"
cik: "0001311370"
company_name: "Lazard, Inc."
filed_at: "2025-01-30T23:59:59+00:00"
generated_at: "2026-05-27T05:10:32.690673+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Lazard FY2024 adjusted revenue +18% to $2.89B; adj EPS $2.34 vs $0.77; Q4 adj EPS $0.78

## Summary
- Financial Advisory adjusted net revenue +28% to $1,731M in 2024 on higher M&A volume.
- Asset Management adjusted revenue +3% to $1,100M; AUM $226B (-8% YoY) on net outflows of $10.1B in Q4.
- Q4 dividend $0.50/share declared Jan 29, payable Feb 21, record Feb 10; $180M buyback authorization remains.
- Aiming for 60% adjusted comp ratio in 2025 and 16-20% non-comp ratio; current comp ratio 65.9% for FY2024.
- GAAP net income $280M vs $75M loss in 2023; includes $70M gain ($0.68/share) from office building sale.

## SEC filing metadata
- accession: 0001628280-25-003066
- form_type: 8-K
- ticker: LAZ
- cik: 0001311370
- company_name: Lazard, Inc.
- filed_at: 2025-01-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1311370/000162828025003066/0001628280-25-003066-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1311370/000162828025003066/laz-20250130.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-003066
- JSON: https://secwatch.observer/filing/0001628280-25-003066.json
- Plain text: https://secwatch.observer/filing/0001628280-25-003066.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.