Lazard (LAZ) Free Cash Flow (2010 - 2026)
Lazard (LAZ) posted Free Cash Flow of -$221.5 million for Q1 2026, down 155.91% sequentially from $396.1 million in Q4 2025, and up 4.28% YoY from -$212.4 million in Q1 2025.
Lazard (LAZ) Free Cash Flow (2010 - 2026) Analysis & Trends
Lazard (LAZ) has 15 years of Free Cash Flow data on file, last reported at -$221.5 million in Q1 2026.
- Quarterly Free Cash Flow rose 4.28% year-over-year to -$221.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $497.3 million (down 11.61% YoY) and the FY2025 annual result came in at $487.4 million, down 30.11% from the prior year.
- Free Cash Flow retreated to -$221.5 million in Q1 2026 per LAZ's latest filing, from $396.1 million in the prior quarter.
- The five-year high for Free Cash Flow was $429.3 million in Q3 2022, with the low at -$416.0 million in Q1 2023.
- Average Free Cash Flow over 5 years is $110.8 million, with a median of $193.6 million recorded in 2023.
- Year-over-year, Free Cash Flow jumped 963.24% in 2024 and slumped 139.48% in 2025.
- Lazard's Free Cash Flow stood at $289.8 million in 2022, then increased by 14.84% to $332.8 million in 2023, then gained by 4.56% to $348.0 million in 2024, then advanced by 13.83% to $396.1 million in 2025, then slumped by 155.91% to -$221.5 million in 2026.
- Business Quant data shows LAZ's Free Cash Flow at -$221.5 million in Q1 2026, $396.1 million in Q4 2025, and $284.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | -7.85 Bn |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | -32.43 Bn |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 7.20 Bn |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | - |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 2.03 Bn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 124.64 Mn |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 103.58 Mn |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 11.72 Mn |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | -1.15 Bn |
| 10 | Lazard | 4.11 Bn | 3.08 Bn | - | -221.45 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -221.45 Mn |
| Mar 31, 2026 | -221.45 Mn |
| Dec 31, 2025 | 396.12 Mn |
| Dec 31, 2025 | 396.12 Mn |
| Sep 30, 2025 | 284.62 Mn |
| Sep 30, 2025 | 284.62 Mn |
| Jun 30, 2025 | 37.99 Mn |
| Jun 30, 2025 | 37.99 Mn |
| Mar 31, 2025 | -231.35 Mn |
| Mar 31, 2025 | -231.35 Mn |
| Dec 31, 2024 | 347.98 Mn |
| Dec 31, 2024 | 347.98 Mn |
| Sep 30, 2024 | 276.16 Mn |
| Sep 30, 2024 | 276.16 Mn |
| Jun 30, 2024 | 169.80 Mn |
| Jun 30, 2024 | 169.80 Mn |
| Mar 31, 2024 | -96.61 Mn |
| Mar 31, 2024 | -96.61 Mn |
| Dec 31, 2023 | 332.80 Mn |
| Dec 31, 2023 | 332.80 Mn |