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| Date | Value |
|---|---|
| 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% |