Value202020212022202320242025TTMSelling/general/admin expenses674.26 M715.45 M765.71 M760.02 M780.76 M892.06 M892.06 MResearch & development———————Operating income502.14 M723.85 M516.85 M79.96 M386.47 M327.6 M327.6 MNon-Operating Income, Total———————Interest expense, net of interest capitalized80.63 M80.77 M81.52 M77.67 M88.07 M174.9 M174.9 MNon-Operating Income, excl. Interest Expenses———————Unusual income/expense———————Pretax income50.07 M267.18 M-13.72 M-822.39 M-195.81 M327.6 M70.43 MEquity in earnings———————Taxes99.45 M181.3 M124.36 M22.65 M99.76 M76.58 M76.58 MNon-controlling/minority interest231 K14.48 M34.97 M18.17 M6.8 M14.19 M14.19 MAfter tax other income/expense———————Net income before discontinued operations402.46 M528.06 M357.52 M75.48 M279.91 M236.83 M236.83 MDiscontinued operations———————Net income402.46 M528.06 M357.52 M75.48 M279.91 M236.83 M236.83 MDilution adjustment———————Preferred dividends———————Diluted net income available to common stockholders401.22 M526.49 M354.43 M79.92 M274.26 M230.91 M230.91 MBasic earnings per share (Basic EPS)3.694.93.68-0.92.932.372.37Diluted earnings per share (Diluted EPS)3.544.633.51-0.92.682.172.17Average basic shares outstanding106.86 M106.04 M95.66 M88.99 M93.14 M97.48 M388.38 MDiluted shares outstanding113.48 M113.67 M101 M88.99 M102.39 M106.34 M424.08 MEBITDA———————EBIT———————Cost of revenue———————Other cost of goods sold———————Depreciation & amortization (cash flow)35.09 M38.31 M42.34 M42.85 M36.28 M34.19 M34.19 M
Lazard Inc
Lazard Inc. is an American financial advisory and asset management firm that engages in investment banking, asset management and other financial services, primarily with institutional clients. It is the world's largest independent investment bank, with principal executive offices in New York City, Paris and London.
Lazard was founded in 1848 and operates from 41 cities across 26 countries in North America, Europe, Asia, Australia, and Central and South America. The firm provides advice on mergers and acquisitions, strategic matters, restructuring and capital structure, capital raising and corporate finance, as well as asset management services to corporations, partnerships, institutions, governments and individuals.