Lazard (LAZ) Free Cash Flow (2010 - 2026)
Lazard's Free Cash Flow came in at $199.48 million for Q2 2026, up 425.0% from $37.99 million a year earlier.
Lazard (LAZ) Free Cash Flow (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Lazard reported Free Cash Flow of $658.76 million, up 52.9% year-over-year; for FY2025, it came in at $487.38 million, down 30.1% from FY2024.
- Free Cash Flow carries a five-year compound annual growth rate of -1.0% (FY2020 to FY2025).
- Going back by year, Free Cash Flow was $697.33 million in FY2024 (+411.4%), $136.37 million in FY2023 (-82.6%), $784.47 million in FY2022 (-5.1%) and $826.38 million in FY2021 (+61.5%).
- The five-year range for quarterly Free Cash Flow is -$416.03 million (Q1 2023) to $438.45 million (Q4 2021).
- Year-over-year, Free Cash Flow increased in five of the last six quarters, with growth averaging 222.0%.
- The fastest year-over-year change in Free Cash Flow over five years came in Q3 2024 (growth of 963.2%), and the weakest in Q3 2023 (a decline of 93.9%).
- Business Quant data shows LAZ's Free Cash Flow at -$221.45 million (Q1 2026), $396.12 million (Q4 2025) and $284.62 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 110.14 Bn | 98.24 Bn | - | 923.50 Mn |
| 2 | Intercontinental Exchange | 90.90 Bn | 84.64 Bn | - | 1.85 Bn |
| 3 | Robinhood Markets | 90.13 Bn | 71.17 Bn | - | 708.00 Mn |
| 4 | Nasdaq | 57.14 Bn | 54.57 Bn | 1.50 Bn | 634.00 Mn |
| 5 | Interactive Brokers | 37.74 Bn | 14.85 Bn | - | 6.20 Bn |
| 6 | Cboe Global Markets | 34.07 Bn | 25.72 Bn | 731.60 Mn | -536.30 Mn |
| 7 | Tradeweb Markets | 25.75 Bn | 17.76 Bn | - | 385.77 Mn |
| 8 | LPL Financial Holdings | 25.73 Bn | 21.05 Bn | - | 202.51 Mn |
| 9 | Circle Internet | 21.47 Bn | 15.35 Bn | 288.85 Mn | 516.40 Mn |
| 10 | Lazard | 3.66 Bn | -1.10 Bn | - | 199.48 Mn |
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 |
Lazard Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=LAZ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "LAZ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=LAZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();