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Asset Utilization RatioAssets AverageEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Lazard (LAZ) FCF Margin (2016 - 2025)

Lazard's FCF Margin history spans 17 years, with the latest figure at 47.48% for Q4 2025.

  • For Q4 2025, FCF Margin rose 601.0% year-over-year to 47.48%; the TTM value through Dec 2025 reached 15.84%, down 653.0%, while the annual FY2025 figure was 16.76%, 545.0% down from the prior year.
  • FCF Margin for Q4 2025 was 47.48% at Lazard, up from 35.94% in the prior quarter.
  • Across five years, FCF Margin topped out at 59.07% in Q3 2022 and bottomed at 74.04% in Q1 2023.
  • The 5-year median for FCF Margin is 32.21% (2023), against an average of 17.54%.
  • The largest annual shift saw FCF Margin plummeted -5411bps in 2023 before it surged 6141bps in 2024.
  • A 5-year view of FCF Margin shows it stood at 44.18% in 2021, then dropped by -2bps to 43.25% in 2022, then increased by 3bps to 44.49% in 2023, then dropped by -7bps to 41.47% in 2024, then increased by 14bps to 47.48% in 2025.
  • Per Business Quant, the three most recent readings for LAZ's FCF Margin are 47.48% (Q4 2025), 35.94% (Q3 2025), and 4.65% (Q2 2025).