Lazard, 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) Operating cash flow
Lazard, Inc.'s operating cash flow for fiscal 2025 was $519.3M, down 30.1% from $742.8M in fiscal 2024. Over the twelve months to 30 September 2026 it was $700.3M. Over the past ten years it has ranged from $164.7M (fiscal 2023) to $1.0B (fiscal 2017); the current reading is higher than 18% of that period. Lazard, Inc. ranks 17th of 92 Capital Markets companies by operating cash flow.
Operating cash flow, annual
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Annual newest first
| Period | Operating cash flow | Change |
|---|---|---|
| FY2025 | $519.3M | (30.09%) |
| FY2024 | $742.8M | 351.12% |
| FY2023 | $164.7M | (80.26%) |
| FY2022 | $834.0M | (3.71%) |
| FY2021 | $866.1M | 50.38% |
| FY2020 | $575.9M | (15.05%) |
| FY2019 | $678.0M | (3.02%) |
| FY2018 | $699.0M | (32.07%) |
| FY2017 | $1.0B | 62.68% |
| FY2016 | $632.6M | (28.70%) |
Quarterly newest first
| Period | Operating cash flow | Change |
|---|---|---|
| Sep 2026 | $316.5M | 55.58% |
| Jun 2026 | $203.4M | — |
| Mar 2026 | −$219.3M | — |
| Dec 2025 | $399.7M | 39.04% |
| 43 more quarters | Free account |
Against its own ten years
Operating cash flow against peers
| Company | Operating cash flow |
|---|---|
| MRX Marex Group PLC compare | $2.3B |
| PJT PJT Partners Inc. compare | $713.0M |
| LAZ Lazard, Inc. | $700.3M |
| PIPR Piper Sandler Companies compare | $506.2M |
| BGC BGC Group, Inc. compare | $504.1M |
| MC Moelis & Company compare | $488.3M |
| MIAX Miami International Holdings, Inc. compare | $253.7M |
| FIGR Figure Technology Solutions, Inc. compare | −$86.5M |
| GLXY Galaxy Digital Inc. compare | −$357.3M |
What Operating cash flow is
Operating Cash Flow shows how much cash a company’s day-to-day business actually brings in, after paying suppliers, staff and taxes.
Reported line item
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free 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