Lazard Ltd (LAZ) — Tangible Net Worth Ratio
Lazard Ltd (LAZ) has a Tangible Net Worth Ratio of 100.0% as of December 2025. This metric is calculated by deducting intangible assets ($0.00) from net assets ($989.13 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See LAZ net asset value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Lazard Ltd Tangible Net Worth Ratio (2002–2025)
This chart shows how Lazard Ltd's Tangible Net Worth Ratio has changed across 22 annual periods from 2002 to 2025. As of December 2025, the ratio stands at 100.0%, reflecting net assets of $989.13 Million with intangible assets of $0.00 USD. Also explore Lazard Ltd equity growth rate to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Lazard Ltd (2002–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Lazard Ltd from 2002 to 2025, covering 22 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see market value of Lazard Ltd.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 100.0% | $989.13 Million | $0.00 | $4.94 Billion | ▲ +0.0 pp |
| 2024 | 100.0% | $764.78 Million | $0.00 | $4.79 Billion | ▲ +0.0 pp |
| 2023 | 100.0% | $569.86 Million | $30.00K | $4.64 Billion | ▲ +0.0 pp |
| 2022 | 100.0% | $1.26 Billion | $90.00K | $5.85 Billion | ▲ +0.0 pp |
| 2021 | 100.0% | $1.65 Billion | $150.00K | $7.15 Billion | ▲ +0.0 pp |
| 2020 | 100.0% | $999.43 Million | $210.00K | $5.97 Billion | ▲ +0.2 pp |
| 2019 | 99.7% | $681.57 Million | $1.82 Million | $5.66 Billion | ▲ +0.1 pp |
| 2018 | 99.6% | $970.09 Million | $3.76 Million | $5.00 Billion | ▲ +0.1 pp |
| 2017 | 99.5% | $1.26 Billion | $6.07 Million | $4.93 Billion | ▲ +0.2 pp |
| 2016 | 99.3% | $1.29 Billion | $8.91 Million | $4.56 Billion | ▼ -0.2 pp |
| 2015 | 99.5% | $1.37 Billion | $6.21 Million | $4.49 Billion | ▲ +1.1 pp |
| 2014 | 98.4% | $769.47 Million | $12.04 Million | $3.35 Billion | ▲ +1.4 pp |
| 2013 | 97.1% | $630.00 Million | $18.42 Million | $3.01 Billion | ▲ +1.4 pp |
| 2012 | 95.6% | $651.54 Million | $28.49 Million | $2.99 Billion | ▼ -0.2 pp |
| 2011 | 95.8% | $866.86 Million | $36.44 Million | $3.08 Billion | ▲ +1.9 pp |
| 2010 | 93.9% | $796.12 Million | $48.21 Million | $3.42 Billion | ▲ +54.7 pp |
| 2009 | 39.3% | $523.10 Million | $317.78 Million | $3.14 Billion | ▼ -4.6 pp |
| 2008 | 43.8% | $311.75 Million | $175.14 Million | $2.86 Billion | ▲ +96.4 pp |
| 2007 | -52.6% | $123.11 Million | $187.91 Million | $3.84 Billion | ▼ -149.6 pp |
| 2004 | 96.9% | $559.52 Million | $17.20 Million | $3.50 Billion | ▲ +0.0 pp |
| 2003 | 96.9% | $535.73 Million | $16.55 Million | $3.26 Billion | ▼ -3.1 pp |
| 2002 | 100.0% | $648.91 Million | $0.00 | $2.46 Billion | — |