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
DateValue
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