BGC Group vs Lazard
BGC Group and Lazard are similar in size: $2.94bn and $3.19bn of revenue in their latest fiscal years. BGC Group grew faster (30.0% against 1.5%). Lazard kept more of each dollar of sales as profit: a net margin of 7.4% against 5.3%. BGC Group carries less debt relative to equity (184.7% against 195.6%).
| Latest fiscal year | BGC GroupBGC, 2025 | LazardLAZ, 2025 |
|---|---|---|
| Revenue | $2.94bn | $3.19bn |
| Revenue growth | 30.0% | 1.5% |
| Net income | $155m | $237m |
| Operating margin | — | 10.3% |
| Net margin | 5.3% | 7.4% |
| Return on equity | 16.6% | 31.5% |
| Free cash flow | $373m | $487m |
| Cash | $852m | $1.47bn |
| Total debt | $1.80bn | $1.70bn |
| Debt to equity | 184.7% | 195.6% |
| Dividend per share | $0.08 | $2.00 |
| Dividend yield | 0.7% | 4.6% |
| Share buybacks | $282m | $91.0m |
| Employees | 4,560 | 3,309 |
| Market value | $5.34bn | $4.11bn |
| Price vs our value range | — | — |
| Moat score | 51 (Moderate) | 51 (Moderate) |
| Insider trades, 12 months | 0 buys, 1 sales | 0 buys, 5 sales |