Lazard (LAZ) Free Cash Flow (2010 - 2026)
Lazard's (LAZ) quarterly Free Cash Flow came in at -$221.5 million in Q1 2026, up 4.28% year-on-year from -$212.4 million in Q1 2025, and down 155.91% quarter-over-quarter from $396.1 million in Q4 2025.
Lazard (LAZ) Free Cash Flow (2010 - 2026) Analysis & Trends
Lazard has disclosed Free Cash Flow across 15 years of filings, most recently posting -$221.5 million for Q1 2026.
- Free Cash Flow for Q1 2026 came in at -$221.5 million, up 4.28% year-over-year; the trailing twelve-month figure through Mar 2026 was $497.3 million (down 11.61% YoY), and the FY2025 annual result was $487.4 million, down 30.11% from the prior year.
- Free Cash Flow came in at -$221.5 million for Q1 2026 at Lazard, down from $396.1 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.
- The 5-year median for Free Cash Flow is $193.6 million (2023), against an average of $110.8 million.
- Across the five-year window, Free Cash Flow soared 963.24% in 2024 and plunged 139.48% in 2025, its largest moves.
- Lazard's 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 sank by 155.91% to -$221.5 million in 2026.
- The last three Free Cash Flow figures came in at -$221.5 million (Q1 2026), $396.1 million (Q4 2025), and $284.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 100,773.79 Bn | 100,773.79 Bn | - | -1.33 Mn |
| 2 | Morgan Stanley | 331.35 Bn | 197.82 Bn | - | -7.85 Bn |
| 3 | Goldman Sachs | 317.73 Bn | -619.82 Bn | - | -32.43 Bn |
| 4 | Schwab Charles | 153.74 Bn | 108.77 Bn | - | 7.20 Bn |
| 5 | Robinhood Markets | 75.98 Bn | 71.34 Bn | 960.00 Mn | 2.03 Bn |
| 6 | Interactive Brokers | 38.91 Bn | 49.50 Bn | - | 3.59 Bn |
| 7 | LPL Financial Holdings | 22.76 Bn | 21.73 Bn | - | 124.64 Mn |
| 8 | Tradeweb Markets | 20.90 Bn | 19.65 Bn | - | 103.58 Mn |
| 9 | Circle Internet | 20.00 Bn | 18.49 Bn | 35.01 Mn | 11.72 Mn |
| 10 | Lazard | 4.57 Bn | 3.54 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 |