Lazard (LAZ) Capital Expenditures (2010 - 2026)

Lazard (LAZ) posted Capital Expenditures of $2.2 million for Q1 2026, down 38.97% sequentially from $3.6 million in Q4 2025, and down 84.19% YoY from $13.8 million in Q1 2025.

Lazard (LAZ) Capital Expenditures (2010 - 2026) Analysis & Trends

Lazard (LAZ) has 15 years of Capital Expenditures data on file, last reported at $2.2 million in Q1 2026.

  • Quarterly Capital Expenditures fell 84.19% year-over-year to $2.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $20.3 million (down 61.47% YoY) and the FY2025 annual result came in at $31.9 million, down 29.79% from the prior year.
  • Capital Expenditures eased to $2.2 million in Q1 2026 per LAZ's latest filing, from $3.6 million in the prior quarter.
  • The five-year high for Capital Expenditures was $24.5 million in Q4 2022, with the low at $2.2 million in Q1 2026.
  • Average Capital Expenditures over 5 years is $9.3 million, with a median of $7.4 million recorded in 2023.
  • Year-over-year, Capital Expenditures soared 133.72% in 2024 and tumbled 84.19% in 2026.
  • Lazard's Capital Expenditures stood at $24.5 million in 2022, then sank by 64.15% to $8.8 million in 2023, then jumped by 69.17% to $14.9 million in 2024, then plunged by 75.93% to $3.6 million in 2025, then plunged by 38.97% to $2.2 million in 2026.
  • Business Quant data shows LAZ's Capital Expenditures at $2.2 million in Q1 2026, $3.6 million in Q4 2025, and $2.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 754.00 Mn
2 Goldman Sachs 309.79 Bn -627.76 Bn - 565.00 Mn
3 Schwab Charles 167.21 Bn 122.24 Bn - 140.00 Mn
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn -
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 9.00 Mn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 165.76 Mn
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 254,000.00
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 9.36 Mn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn 1.22 Bn
10 Lazard 4.11 Bn 3.08 Bn - 2.19 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.19 Mn
Mar 31, 2026 2.19 Mn
Dec 31, 2025 3.58 Mn
Dec 31, 2025 3.58 Mn
Sep 30, 2025 2.86 Mn
Sep 30, 2025 2.86 Mn
Jun 30, 2025 11.69 Mn
Jun 30, 2025 11.69 Mn
Mar 31, 2025 13.82 Mn
Mar 31, 2025 13.82 Mn
Dec 31, 2024 14.87 Mn
Dec 31, 2024 14.87 Mn
Sep 30, 2024 17.56 Mn
Sep 30, 2024 17.56 Mn
Jun 30, 2024 6.44 Mn
Jun 30, 2024 6.44 Mn
Mar 31, 2024 6.62 Mn
Mar 31, 2024 6.62 Mn
Dec 31, 2023 8.79 Mn
Dec 31, 2023 8.79 Mn