Lazard (LAZ) FCF Margin (2010 - 2026)

Lazard (LAZ) posted FCF Margin of 29.27% for Q1 2026, down 162.2% sequentially from 47.06% in Q4 2025, and up 530.0% YoY from 4.65% in Q1 2025.

Lazard (LAZ) FCF Margin (2010 - 2026) Analysis & Trends

Lazard (LAZ) has 15 years of FCF Margin data on file, last reported at 29.27% in Q1 2026.

  • Quarterly FCF Margin rose 530.0% year-over-year to 29.27% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 15.82% (down 238.0% YoY) and the FY2025 annual result came in at 15.73%, down 648.0% from the prior year.
  • FCF Margin eased to 29.27% in Q1 2026 per LAZ's latest filing, from 47.06% in the prior quarter.
  • The five-year high for FCF Margin was 59.07% in Q3 2022, with the low at 74.04% in Q1 2023.
  • Average FCF Margin over 5 years is 13.14%, with a median of 29.23% recorded in 2023.
  • Year-over-year, FCF Margin plunged 5429 bps in 2023 and soared 6174 bps in 2024.
  • Lazard's FCF Margin stood at 39.6% in 2022, then increased by 2 bps to 40.3% in 2023, then slipped by 5 bps to 38.45% in 2024, then increased by 22 bps to 47.06% in 2025, then plunged by 162 bps to 29.27% in 2026.
  • Business Quant data shows LAZ's FCF Margin at 29.27% in Q1 2026, 47.06% in Q4 2025, and 38.05% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - -38.15%
2 Goldman Sachs 309.79 Bn -627.76 Bn - -188.27%
3 Schwab Charles 167.21 Bn 122.24 Bn - 111.11%
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn -
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 190.16%
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 2.52%
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 16.77%
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 28.16%
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -791.16%
10 Lazard 4.11 Bn 3.08 Bn - -29.27%

Historic Data

Download Data
DateValue
Mar 31, 2026 -29.27%
Dec 31, 2025 47.06%
Sep 30, 2025 38.05%
Jun 30, 2025 4.77%
Mar 31, 2025 -34.57%
Dec 31, 2024 38.45%
Sep 30, 2024 34.20%
Jun 30, 2024 23.98%
Mar 31, 2024 -12.30%
Dec 31, 2023 40.30%
Sep 30, 2023 4.78%
Jun 30, 2023 29.23%
Mar 31, 2023 -74.04%
Dec 31, 2022 39.60%
Sep 30, 2022 59.07%
Jun 30, 2022 45.73%
Mar 31, 2022 -31.70%
Dec 31, 2021 40.86%
Sep 30, 2021 54.39%
Jun 30, 2021 15.24%