LAZ vs. DOLE

Last updated Jun 4, 2026

LAZ (Lazard Ltd) and DOLE (Dole plc) are both stocks. LAZ operates in Capital Markets (Financial Services), while DOLE operates in Farm Products (Consumer Defensive). Over the past 3 years, LAZ returned 20.70%/yr vs 2.79%/yr for DOLE. At a 0.28 correlation, their price movements are largely independent.

Performance

LAZ vs. DOLE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lazard Ltd (LAZ) and Dole plc (DOLE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LAZ achieves a -1.16% return, which is significantly higher than DOLE's -7.60% return.

LAZ

• 1D: -3.50%
• 1M: 8.72%
• YTD: -1.16%
• 6M: -10.25%
• 1Y: 12.14%
• 3Y*: 20.70%
• 5Y*: 4.78%
• 10Y*: 8.79%

DOLE

• 1D: -2.75%
• 1M: -9.29%
• YTD: -7.60%
• 6M: -5.43%
• 1Y: -0.11%
• 3Y*: 2.79%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

LAZ vs. DOLE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
LAZ Lazard Ltd	-1.16%	-1.64%	54.83%	6.92%	-16.21%	-5.73%
DOLE Dole plc	-7.60%	13.36%	12.83%	30.80%	-25.25%	-7.57%

Correlation

The correlation between LAZ and DOLE is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.17
Correlation (3Y) Calculated over the trailing 3-year period	0.26
Correlation (All Time) Calculated using the full available price history since Aug 2, 2021	0.28

The correlation between LAZ and DOLE shifts across timeframes, from 0.17 (1 year) to 0.28 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap LAZ : $5.03B DOLE : $1.32B
EPS LAZ : $2.61 DOLE : $0.96
PE Ratio LAZ : 18.04 DOLE : 14.28
PS Ratio LAZ : 1.53 DOLE : 0.14
PB Ratio LAZ : 5.70 DOLE : 0.96
Total Revenue (TTM) LAZ : $3.28B DOLE : $9.42B
Gross Profit (TTM) LAZ : $1.54B DOLE : $717.11M
EBITDA (TTM) LAZ : $477.61M DOLE : $332.26M

Return for Risk

LAZ vs. DOLE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LAZ

LAZ Risk / Return Rank: 49
LAZ Sharpe Ratio Rank: 53
LAZ Sortino Ratio Rank: 47
LAZ Omega Ratio Rank: 45
LAZ Calmar Ratio Rank: 50
LAZ Martin Ratio Rank: 51

DOLE

DOLE Risk / Return Rank: 37
DOLE Sharpe Ratio Rank: 40
DOLE Sortino Ratio Rank: 33
DOLE Omega Ratio Rank: 34
DOLE Calmar Ratio Rank: 40
DOLE Martin Ratio Rank: 39

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LAZ vs. DOLE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lazard Ltd (LAZ) and Dole plc (DOLE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	LAZ	DOLE	Difference
Sharpe ratio Return per unit of total volatility	0.33	-0.00	+0.34
Sortino ratio Return per unit of downside risk	0.71	0.17	+0.55
Omega ratio Gain probability vs. loss probability	1.08	1.02	+0.06
Calmar ratio Return relative to maximum drawdown	0.39	-0.01	+0.40
Martin ratio Return relative to average drawdown	0.91	-0.01	+0.93
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LAZ vs. DOLE - Sharpe Ratio Comparison

The current LAZ Sharpe Ratio is 0.33, which is higher than the DOLE Sharpe Ratio of -0.00. The chart below compares the historical Sharpe Ratios of LAZ and DOLE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	LAZ	DOLE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.33	-0.00	+0.34
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.13	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.24	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.18	0.05	+0.13

Drawdowns

LAZ vs. DOLE - Drawdown Comparison

The maximum LAZ drawdown since its inception was -62.72%, which is greater than DOLE's maximum drawdown of -55.66%. Use the drawdown chart below to compare losses from any high point for LAZ and DOLE.

Drawdown Indicators

	LAZ	DOLE	Difference
Max Drawdown Largest peak-to-trough decline	-62.72%	-55.66%	-7.06%
Max Drawdown (1Y) Largest decline over 1 year	-31.39%	-15.39%	-16.00%
Max Drawdown (3Y) Largest decline over 3 years	-44.24%	-27.70%	-16.54%
Max Drawdown (5Y) Largest decline over 5 years	-44.24%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-59.51%	—	—
Current Drawdown Current decline from peak	-17.26%	-16.71%	-0.55%
Average Drawdown Average peak-to-trough decline	-23.47%	-21.55%	-1.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.30%	7.51%	+5.79%

Volatility

LAZ vs. DOLE - Volatility Comparison

Lazard Ltd (LAZ) has a higher volatility of 10.64% compared to Dole plc (DOLE) at 8.73%. This indicates that LAZ's price experiences larger fluctuations and is considered to be riskier than DOLE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LAZ	DOLE	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.64%	8.73%	+1.91%
Volatility (6M) Calculated over the trailing 6-month period	30.05%	16.35%	+13.70%
Volatility (1Y) Calculated over the trailing 1-year period	36.86%	25.74%	+11.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.81%	29.57%	+7.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.02%	29.57%	+6.45%

Dividends

LAZ vs. DOLE - Dividend Comparison

LAZ's dividend yield for the trailing twelve months is around 4.25%, more than DOLE's 2.47% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DOLE Dole plc	2.47%	2.23%	2.36%	2.60%	3.32%	0.60%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
LAZ Lazard Ltd	4.25%	4.12%	3.89%	5.75%	5.60%	4.31%	4.44%	5.88%	8.21%	5.35%	6.55%	5.22%

Financials

LAZ vs. DOLE - Profitability Comparison

The chart below illustrates the profitability comparison between Lazard Ltd and Dole plc over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

LAZ - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Lazard Ltd reported a gross profit of 779.40M and revenue of 779.40M. Therefore, the gross margin over that period was 100.0%.

DOLE - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Dole plc reported a gross profit of 184.99M and revenue of 2.34B. Therefore, the gross margin over that period was 7.9%.

LAZ - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Lazard Ltd reported an operating income of 112.39M and revenue of 779.40M, resulting in an operating margin of 14.4%.

DOLE - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Dole plc reported an operating income of 61.96M and revenue of 2.34B, resulting in an operating margin of 2.7%.

LAZ - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Lazard Ltd reported a net income of 100.92M and revenue of 779.40M, resulting in a net margin of 13.0%.

DOLE - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Dole plc reported a net income of 80.10M and revenue of 2.34B, resulting in a net margin of 3.4%.

Frequently Asked Questions

Can I hold both LAZ and DOLE in my portfolio?

LAZ and DOLE have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LAZ or DOLE?

LAZ has higher volatility (10.64%) compared to DOLE (8.73%). In terms of maximum drawdown, LAZ dropped -62.72% vs DOLE's -55.66%.

Which has better risk-adjusted returns?

LAZ currently has the higher Sharpe Ratio (0.33 vs -0.00), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.