Lazard (LAZ) EV to FCF (2010 - 2026)
Lazard's (LAZ) EV to FCF was 5.54 for Q2 2026, down 47.2% from 10.48 a year earlier and down 27.6% from the prior quarter.
Lazard (LAZ) EV to FCF (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Lazard's EV to FCF came in at -0.02; for FY2025, it came in at 8.28, up 61.9% from FY2024.
- By year, EV to FCF came in at 5.11 in FY2024 (-68.5%), 16.23 in FY2023 (+290.8%), 4.15 in FY2022 (-14.8%) and 4.88 in FY2021 (-28.0%).
- The Q2 2026 figure ranks as the lowest quarterly EV to FCF since Q4 2024.
- Year over year, EV to FCF gained in five of the last eight quarters, with growth averaging 6.9%.
- The high point for year-over-year EV to FCF in five years was Q3 2023 (growth of 763.8%); the low point was Q3 2024 (a decline of 77.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 7.65 (Q1 2026), 8.28 (Q4 2025) and 11.06 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cme | 109.96 Bn | 98.06 Bn | - |
| 2 | Intercontinental Exchange | 91.76 Bn | 85.49 Bn | - |
| 3 | Robinhood Markets | 87.69 Bn | 68.72 Bn | - |
| 4 | Nasdaq | 57.87 Bn | 55.30 Bn | 1.50 Bn |
| 5 | Interactive Brokers | 36.88 Bn | 13.99 Bn | - |
| 6 | Cboe Global Markets | 34.22 Bn | 25.87 Bn | 731.60 Mn |
| 7 | Tradeweb Markets | 25.94 Bn | 17.95 Bn | - |
| 8 | LPL Financial Holdings | 25.52 Bn | 20.84 Bn | - |
| 9 | Circle Internet | 21.60 Bn | 15.47 Bn | 288.85 Mn |
| 10 | Lazard | 3.68 Bn | -1.08 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.54 |
| Mar 31, 2026 | 7.65 |
| Dec 31, 2025 | 8.28 |
| Sep 30, 2025 | 11.06 |
| Jun 30, 2025 | 10.48 |
| Mar 31, 2025 | 7.21 |
| Dec 31, 2024 | 5.11 |
| Sep 30, 2024 | 5.33 |
| Jun 30, 2024 | 6.44 |
| Mar 31, 2024 | 6.55 |
| Dec 31, 2023 | 16.23 |
| Sep 30, 2023 | 23.58 |
| Jun 30, 2023 | 4.48 |
| Mar 31, 2023 | 4.02 |
| Dec 31, 2022 | 4.15 |
| Sep 30, 2022 | 2.73 |
| Jun 30, 2022 | 3.72 |
| Mar 31, 2022 | 4.91 |
| Dec 31, 2021 | 4.88 |
| Sep 30, 2021 | 6.71 |
Lazard EV to FCF 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=ev-to-fcf&ticker=LAZ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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=ev-to-fcf&ticker=LAZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();