stockrowLazard, Inc.
Lazard, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $3.1 billion, up 1.54% from fiscal 2024.
- Revenue
- +8.84%
- EPS
- −62.0%
- Free cash flow
- +9.21%
- Total debt
- +0.18%
Quarter to September 2026, against a year earlier
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Lazard, Inc. (LAZ) Free cash flow
Lazard, Inc.'s free cash flow for fiscal 2025 was $487.4M, down 45.5% from $893.7M in fiscal 2024. Over the twelve months to 30 September 2026 it was $688.5M. Over the past ten years it has ranged from $136.9M (fiscal 2023) to $1.0B (fiscal 2017); the current reading is higher than 18% of that period. Lazard, Inc. ranks 14th of 92 Capital Markets companies by free cash flow.
Free cash flow, annual
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Annual newest first
| Period | Free cash flow | Change |
|---|---|---|
| FY2025 | $487.4M | (45.47%) |
| FY2024 | $893.7M | 553.04% |
| FY2023 | $136.9M | (82.57%) |
| FY2022 | $785.0M | (5.08%) |
| FY2021 | $827.0M | 61.22% |
| FY2020 | $513.0M | (19.30%) |
| FY2019 | $635.7M | (2.62%) |
| FY2018 | $652.8M | (34.86%) |
| FY2017 | $1.0B | 68.45% |
| FY2016 | $594.9M | (30.93%) |
Quarterly newest first
| Period | Free cash flow | Change |
|---|---|---|
| Sep 2026 | $310.8M | 53.09% |
| Jun 2026 | $203.0M | — |
| Mar 2026 | −$221.5M | — |
| Dec 2025 | $396.1M | 39.18% |
| 43 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| MRX Marex Group PLC compare | $2.3B |
| LAZ Lazard, Inc. | $688.5M |
| PJT PJT Partners Inc. compare | $661.8M |
| PIPR Piper Sandler Companies compare | $487.0M |
| BGC BGC Group, Inc. compare | $440.6M |
| MC Moelis & Company compare | $433.4M |
| MIAX Miami International Holdings, Inc. compare | $209.5M |
| FIGR Figure Technology Solutions, Inc. compare | −$105.2M |
| GLXY Galaxy Digital Inc. compare | −$1.9B |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
More on LAZ
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement