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

Lazard (LAZ) posted Free Cash Flow of $199.5 million for Q2 2026, up 190.08% sequentially from -$221.5 million in Q1 2026, and up 425.02% YoY from $38.0 million in Q2 2025.

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

Lazard has reported Free Cash Flow for 15 years, with the latest figure at $199.5 million in Q2 2026.

  • Quarterly Free Cash Flow rose 425.02% year-over-year to $199.5 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $658.8 million (up 52.92% YoY) and the FY2025 annual result came in at $487.4 million, down 30.11% from the prior year.
  • Free Cash Flow advanced to $199.5 million in Q2 2026 per LAZ's latest filing, from -$221.5 million in the prior quarter.
  • Over five years, Free Cash Flow peaked at $429.3 million in Q3 2022 and troughed at -$416.0 million in Q1 2023.
  • A 5-year average of $115.8 million and a median of $196.5 million in 2023 frame the typical range for Free Cash Flow.
  • The sharpest annual moves came in 2024 and 2025: Free Cash Flow surged 963.24% in 2024, then plunged 139.48% in 2025.
  • Over 5 years, Free Cash Flow stood at $289.8 million in 2022, then grew by 14.84% to $332.8 million in 2023, then rose by 4.56% to $348.0 million in 2024, then gained by 13.83% to $396.1 million in 2025, then plunged by 49.64% to $199.5 million in 2026.
  • According to Business Quant data, Free Cash Flow over the past three periods registered $199.5 million, -$221.5 million, and $396.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - -3.57 Bn
2 Goldman Sachs 316.34 Bn -660.01 Bn - 5.60 Bn
3 Schwab Charles 220.55 Bn 135.80 Bn - 7.20 Bn
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn -
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 708.00 Mn
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn -873.83 Mn
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - 3.59 Bn
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - 202.51 Mn
10 Lazard 4.84 Bn 3.85 Bn - 199.48 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 199.48 Mn
Jun 30, 2026 199.48 Mn
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