Lazard (LAZ) Capital Expenditures (2010 - 2026)
Lazard's (LAZ) quarterly Capital Expenditures came in at $2.2 million in Q1 2026, down 84.19% year-on-year from $13.8 million in Q1 2025, and down 38.97% quarter-over-quarter from $3.6 million in Q4 2025.
Lazard (LAZ) Capital Expenditures (2010 - 2026) Analysis & Trends
Lazard has disclosed Capital Expenditures across 15 years of filings, most recently posting $2.2 million for Q1 2026.
- Capital Expenditures for Q1 2026 came in at $2.2 million, down 84.19% year-over-year; the trailing twelve-month figure through Mar 2026 was $20.3 million (down 61.47% YoY), and the FY2025 annual result was $31.9 million, down 29.79% from the prior year.
- Capital Expenditures came in at $2.2 million for Q1 2026 at Lazard, down from $3.6 million in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of $24.5 million in Q4 2022 to a low of $2.2 million in Q1 2026.
- The 5-year median for Capital Expenditures is $7.4 million (2023), against an average of $9.3 million.
- Across the five-year window, Capital Expenditures surged 133.72% in 2024 and sank 84.19% in 2026, its largest moves.
- Lazard's Capital Expenditures stood at $24.5 million in 2022, then plunged by 64.15% to $8.8 million in 2023, then jumped by 69.17% to $14.9 million in 2024, then tumbled by 75.93% to $3.6 million in 2025, then tumbled by 38.97% to $2.2 million in 2026.
- The last three Capital Expenditures figures came in at $2.2 million (Q1 2026), $3.6 million (Q4 2025), and $2.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 100,773.79 Bn | 100,773.79 Bn | - | - |
| 2 | Morgan Stanley | 331.35 Bn | 197.82 Bn | - | 754.00 Mn |
| 3 | Goldman Sachs | 317.73 Bn | -619.82 Bn | - | 565.00 Mn |
| 4 | Schwab Charles | 153.74 Bn | 108.77 Bn | - | 140.00 Mn |
| 5 | Robinhood Markets | 75.98 Bn | 71.34 Bn | 960.00 Mn | 9.00 Mn |
| 6 | Interactive Brokers | 38.91 Bn | 49.50 Bn | - | 26.00 Mn |
| 7 | LPL Financial Holdings | 22.76 Bn | 21.73 Bn | - | 165.76 Mn |
| 8 | Tradeweb Markets | 20.90 Bn | 19.65 Bn | - | 254,000.00 |
| 9 | Circle Internet | 20.00 Bn | 18.49 Bn | 35.01 Mn | 9.36 Mn |
| 10 | Lazard | 4.57 Bn | 3.54 Bn | - | 2.19 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |