Lazard (LAZ) FCF Margin (2010 - 2026)
Lazard (LAZ) posted FCF Margin of 24.03% for Q2 2026, up 184.56% sequentially from 28.41% in Q1 2026, and up 1938.0% YoY from 1.18% in Q2 2025.
Lazard (LAZ) FCF Margin (2010 - 2026) Analysis & Trends
Lazard has reported FCF Margin for 15 years, with the latest figure at 24.03% in Q2 2026.
- Quarterly FCF Margin rose 1938.0% year-over-year to 24.03% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 19.9% (up 615.0% YoY) and the FY2025 annual result came in at 15.3%, down 691.0% from the prior year.
- FCF Margin rose to 24.03% in Q2 2026 per LAZ's latest filing, from 28.41% in the prior quarter.
- Over five years, FCF Margin peaked at 57.51% in Q3 2022 and troughed at 74.04% in Q1 2023.
- A 5-year average of 13.48% and a median of 26.63% in 2026 frame the typical range for FCF Margin.
- The sharpest annual moves came in 2023 and 2024: FCF Margin plunged 5273 bps in 2023, then jumped 6174 bps in 2024.
- Over 5 years, FCF Margin stood at 39.6% in 2022, then grew by 2 bps to 40.3% in 2023, then advanced by 3 bps to 41.47% in 2024, then grew by 3 bps to 42.62% in 2025, then plunged by 44 bps to 24.03% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 24.03%, 28.41%, and 42.62% for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | -16.70% |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 27.55% |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 58.19% |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 54.13% |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 326.90% |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 3.90% |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 67.13% |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 70.91% |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | - |
| 10 | Lazard | 4.45 Bn | 3.35 Bn | - | 24.03% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 24.03% |
| Mar 31, 2026 | -28.41% |
| Dec 31, 2025 | 42.62% |
| Sep 30, 2025 | 36.93% |
| Jun 30, 2025 | 4.65% |
| Mar 31, 2025 | -34.57% |
| Dec 31, 2024 | 41.47% |
| 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 | 57.51% |
| Jun 30, 2022 | 44.27% |
| Mar 31, 2022 | -31.70% |
| Dec 31, 2021 | 43.29% |
| Sep 30, 2021 | 52.89% |