Lazard LAZ
NYSE LAZ
$35.76 -0.32 (-0.89%)
At close: Sep 18, 2026 · 4:00 PM EDT

Lazard (LAZ) Free Cash Flow (2010 - 2026)

Lazard's (LAZ) quarterly Free Cash Flow came in at $199.5 million in Q2 2026, up 425.02% year-over-year from $38.0 million in Q2 2025, and up 190.08% quarter-over-quarter from -$221.5 million in Q1 2026.

Analysis

Lazard (LAZ) Free Cash Flow (2010 - 2026) Analysis & Trends

Lazard has disclosed Free Cash Flow across 15 years of filings, most recently posting $199.5 million for Q2 2026.

  • In Q2 2026, Free Cash Flow rose 425.02% year-over-year to $199.5 million; the TTM figure through Jun 2026 stood at $658.8 million (up 52.92% YoY), while the FY2025 annual figure was $487.4 million, down 30.11% from the prior year.
  • Free Cash Flow came in at $199.5 million for Q2 2026 at Lazard, up from -$221.5 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $429.3 million in Q3 2022 to a low of -$416.0 million in Q1 2023.
  • Average Free Cash Flow over 5 years is $115.8 million, with a median of $196.5 million recorded in 2023.
  • Year-over-year, Free Cash Flow jumped 963.24% in 2024 and tumbled 139.48% in 2025.
  • Over 5 years, Free Cash Flow stood at $289.8 million in 2022, then advanced by 14.84% to $332.8 million in 2023, then grew by 4.56% to $348.0 million in 2024, then increased by 13.83% to $396.1 million in 2025, then slumped by 49.64% to $199.5 million in 2026.
  • Per Business Quant data, the three most recent Free Cash Flow figures were $199.5 million in Q2 2026, -$221.5 million in Q1 2026, and $396.1 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Evercore 10.14 Bn 8.05 Bn 975.67 Mn 514.79 Mn
2 Jefferies Financial 9.74 Bn -5.67 Bn 3.09 Bn 1.55 Bn
3 Houlihan Lokey 9.07 Bn 7.99 Bn - -
4 Cluster Group Holdings 8.00 Bn 8.00 Bn - -
5 PJT Partners 5.75 Bn 5.81 Bn 481.98 Mn 226.38 Mn
6 Moelis 5.25 Bn 5.17 Bn - 215.86 Mn
7 Piper Sandler Companies 4.88 Bn 4.77 Bn - 28.46 Mn
8 Lazard 3.95 Bn 2.96 Bn - 199.48 Mn
9 BRBI BR Partners 3.50 Bn 3.38 Bn 16.77 Mn 22.00 Mn
10 Perella Weinberg Partners 1.40 Bn 1.59 Bn - 47.17 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 199.48 Mn
Mar 31, 2026 -221.45 Mn
Dec 31, 2025 396.12 Mn
Sep 30, 2025 284.62 Mn
Jun 30, 2025 37.99 Mn
Mar 31, 2025 -231.35 Mn
Dec 31, 2024 347.98 Mn
Sep 30, 2024 276.16 Mn
Jun 30, 2024 169.80 Mn
Mar 31, 2024 -96.61 Mn
Dec 31, 2023 332.80 Mn
Sep 30, 2023 25.97 Mn
Jun 30, 2023 193.62 Mn
Mar 31, 2023 -416.03 Mn
Dec 31, 2022 289.80 Mn
Sep 30, 2022 429.27 Mn
Jun 30, 2022 292.44 Mn
Mar 31, 2022 -227.04 Mn
Dec 31, 2021 438.45 Mn
Sep 30, 2021 390.23 Mn