Lazard (LAZ) Capital Expenditures (2010 - 2026)
Lazard (LAZ) recorded Capital Expenditures of $3.93 million in Q2 2026, down 66.4% from $11.69 million a year earlier but up 79.6% from the prior quarter.
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Analysis
Lazard (LAZ) Capital Expenditures (2010 - 2026) Analysis & Trends
On a TTM basis, Lazard's Capital Expenditures came in at $12.55 million as of Jun 30, 2026, down 78.3% year-over-year; for FY2025, it was $31.95 million, down 29.8% from FY2024.
- Annual Capital Expenditures has a five-year compound annual growth rate of -13.1% (FY2020 to FY2025).
- Across earlier years, Capital Expenditures came in at $45.5 million in FY2024 (+60.8%), $28.3 million in FY2023 (-42.8%), $49.51 million in FY2022 (+24.7%) and $39.7 million in FY2021 (-38.2%).
- Quarterly Capital Expenditures has ranged from $2.19 million in Q1 2026 to $24.53 million in Q4 2022 over the past five years.
- On a year-over-year basis, Capital Expenditures has declined for four consecutive quarters, with growth averaging 10.4% over the last eight quarters.
- Peak year-over-year performance for Capital Expenditures in the last five years was growth of 133.7% in Q3 2024, against a decline of 84.2% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $2.19 million (Q1 2026), $3.58 million (Q4 2025) and $2.86 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 105.82 Bn | 93.92 Bn | - | 23.60 Mn |
| 2 | Intercontinental Exchange | 89.41 Bn | 83.14 Bn | - | 144.00 Mn |
| 3 | Robinhood Markets | 86.77 Bn | 67.81 Bn | - | 12.00 Mn |
| 4 | Nasdaq | 52.58 Bn | 50.01 Bn | 1.50 Bn | 77.00 Mn |
| 5 | Interactive Brokers | 36.48 Bn | 13.59 Bn | - | 18.00 Mn |
| 6 | Cboe Global Markets | 32.16 Bn | 23.82 Bn | 731.60 Mn | 33.10 Mn |
| 7 | LPL Financial Holdings | 25.21 Bn | 20.53 Bn | - | 199.45 Mn |
| 8 | Tradeweb Markets | 24.34 Bn | 16.35 Bn | - | 8.33 Mn |
| 9 | Circle Internet | 20.17 Bn | 14.05 Bn | 288.85 Mn | 1.03 Mn |
| 10 | Lazard | 3.62 Bn | -1.15 Bn | - | 3.93 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.93 Mn |
| Mar 31, 2026 | 2.19 Mn |
| Dec 31, 2025 | 3.58 Mn |
| Sep 30, 2025 | 2.86 Mn |
| Jun 30, 2025 | 11.69 Mn |
| Mar 31, 2025 | 13.82 Mn |
| Dec 31, 2024 | 14.87 Mn |
| Sep 30, 2024 | 17.56 Mn |
| Jun 30, 2024 | 6.44 Mn |
| Mar 31, 2024 | 6.62 Mn |
| Dec 31, 2023 | 8.79 Mn |
| Sep 30, 2023 | 7.52 Mn |
| Jun 30, 2023 | 7.38 Mn |
| Mar 31, 2023 | 4.61 Mn |
| Dec 31, 2022 | 24.53 Mn |
| Sep 30, 2022 | 5.29 Mn |
| Jun 30, 2022 | 6.19 Mn |
| Mar 31, 2022 | 13.51 Mn |
| Dec 31, 2021 | 14.41 Mn |
| Sep 30, 2021 | 7.92 Mn |
API Access
Lazard Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=LAZ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "LAZ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=LAZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();