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Lazard LAZ Free cash flow

Free cash flow at other companies

Jefferies Financial Group logo
Jefferies Financial GroupJEF
-$1.8B+33.6%
Goldman Sachs Group logo
Goldman Sachs GroupGS
-$32.43B+14.0%
Morgan Stanley logo
Morgan StanleyMS
-$7.85B+68.2%
Houlihan Lokey logo
Houlihan LokeyHLI
$286.78M-16.6%
Evercore logo
EvercoreEVR
$514.79M+25.0%
Moelis & Company logo
Moelis & CompanyMC
-$291.59M-73.0%

Other financials

Income statement

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Revenue$807.7M+1.5%
Operating income$37.6M-59.6%
Net income$4.8M-91.3%
EPS (diluted)$0.03-94.2%

Balance sheet

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Cash & equivalents$1.1B+12.4%
Total debt$2.2B-2.4%
Total equity$914.3M+23.3%
Total assets$4.4B-2.9%

Cash flow

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Operating cash flow-$219.3M-0.8%
CapEx$3.9M-66.4%

Valuation

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Market cap$4.22B-13.4%
Enterprise value$5.27B-13.6%
P/E18.6×+2.9×
P/S1.3×-0.3×

Profitability

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Operating margin9.5%-4.1pp
Net margin7%-3.1pp
FCF margin15.5%-3.7pp

Returns & leverage

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Return on equity27.4%-24.3pp
Debt / equity2.4×-0.6×

Where this comes from

Calculated from Lazard’s reported figures.

The source filing: Lazard’s 10-Q, filed May 4, 2026. Open the filing →

Filed
May 4, 2026, 4:41 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001311370-26-000015

FAQ

What is Lazard's free cash flow?
Lazard (LAZ) reported free cash flow of -$221.45M in Q1 2026.
How has Lazard's free cash flow changed year-over-year?
Lazard's free cash flow increased by 4.3% year-over-year, from -$231.35M to -$221.45M.
What is the long-term trend for Lazard's free cash flow?
Over 3 years (2021 to 2025), Lazard's free cash flow has grown at a -16.1% compound annual growth rate (CAGR), from $826.38M to $487.38M.
What does free cash flow mean?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.

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