• Lazard average return on equity for 2023 was -1.75, a 103.3% decline from 2022.
• Lazard average return on equity for 2022 was 53.03, a 1.57% decline from 2021.
• Lazard average return on equity for 2021 was 52.21, a 21.5% increase from 2020.

Roe - return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.