Lazard (LAZ) Capital Expenditures (2010 - 2026)
Lazard's (LAZ) quarterly Capital Expenditures came in at $3.9 million in Q2 2026, down 66.41% year-over-year from $11.7 million in Q2 2025, and up 79.63% quarter-over-quarter from $2.2 million in Q1 2026.
Analysis
Lazard (LAZ) Capital Expenditures (2010 - 2026) Analysis & Trends
Lazard has disclosed Capital Expenditures across 15 years of filings, most recently posting $3.9 million for Q2 2026.
- In Q2 2026, Capital Expenditures fell 66.41% year-over-year to $3.9 million; the TTM figure through Jun 2026 stood at $12.5 million (down 78.35% YoY), while the FY2025 annual figure was $31.9 million, down 29.79% from the prior year.
- Capital Expenditures came in at $3.9 million for Q2 2026 at Lazard, up from $2.2 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.
- Average Capital Expenditures over 5 years is $9.0 million, with a median of $7.0 million recorded in 2023.
- Year-over-year, Capital Expenditures soared 133.72% in 2024 and plunged 84.19% in 2026.
- Over 5 years, Capital Expenditures stood at $24.5 million in 2022, then slumped by 64.15% to $8.8 million in 2023, then jumped by 69.17% to $14.9 million in 2024, then sank by 75.93% to $3.6 million in 2025, then advanced by 9.64% to $3.9 million in 2026.
- Per Business Quant data, the three most recent Capital Expenditures figures were $3.9 million in Q2 2026, $2.2 million in Q1 2026, and $3.6 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Evercore | 10.14 Bn | 8.05 Bn | 975.67 Mn | 10.73 Mn |
| 2 | Jefferies Financial | 9.74 Bn | -5.67 Bn | 3.09 Bn | 48.00 Mn |
| 3 | Houlihan Lokey | 9.07 Bn | 7.99 Bn | - | - |
| 4 | Cluster Group Holdings | 8.00 Bn | 8.00 Bn | - | - |
| 5 | PJT Partners | 5.75 Bn | 5.81 Bn | 481.98 Mn | 10.58 Mn |
| 6 | Moelis | 5.25 Bn | 5.17 Bn | - | 13.67 Mn |
| 7 | Piper Sandler Companies | 4.88 Bn | 4.77 Bn | - | 7.79 Mn |
| 8 | Lazard | 3.95 Bn | 2.96 Bn | - | 3.93 Mn |
| 9 | BRBI BR Partners | 3.50 Bn | 3.38 Bn | 16.77 Mn | - |
| 10 | Perella Weinberg Partners | 1.40 Bn | 1.59 Bn | - | 1.66 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 |