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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |