Lazard Ltd Capital Reinvestment Ratio
Lazard Ltd capital reinvestment ratio. Lazard Ltd (LAZ) has a Capital Reinvestment Ratio of 0.09x as of September 2025, meaning it reinvests 0% of its operating cash flow ($287.47 Million) in capital expenditures ($25.51 Million). Check Lazard Ltd cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Lazard Ltd (2003–2024)
Capital reinvestment ratio of Lazard Ltd from 2003 to 2024. This chart tracks Lazard Ltd's Capital Reinvestment Ratio across 22 annual periods. Also explore LAZ net assets growth trend to track the company's year-over-year net asset growth rate.
Lazard Ltd Capital Reinvestment Ratio by Year (2003–2024)
Lazard Ltd capital reinvestment ratio by year from 2003 to 2024. For the full cash flow conversion analysis, see Lazard Ltd operating cash flow efficiency.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.06x | $742.83 Million | $45.50 Million | ▼ -64.4% |
| 2023 | 0.17x | $164.66 Million | $28.30 Million | ▲ +189.5% |
| 2022 | 0.06x | $833.98 Million | $49.51 Million | ▲ +29.5% |
| 2021 | 0.05x | $866.08 Million | $39.70 Million | ▼ -58.9% |
| 2020 | 0.11x | $575.93 Million | $64.29 Million | ▲ +77.0% |
| 2019 | 0.06x | $677.95 Million | $42.76 Million | ▼ -11.1% |
| 2018 | 0.07x | $699.04 Million | $49.59 Million | ▲ +163.9% |
| 2017 | 0.03x | $1.03 Billion | $27.67 Million | ▼ -56.1% |
| 2016 | 0.06x | $632.60 Million | $38.75 Million | ▲ +104.1% |
| 2015 | 0.03x | $887.30 Million | $26.63 Million | ▼ -0.4% |
| 2014 | 0.03x | $736.02 Million | $22.18 Million | ▼ -74.0% |
| 2013 | 0.12x | $526.70 Million | $60.96 Million | ▼ -37.5% |
| 2012 | 0.19x | $481.91 Million | $89.30 Million | ▲ +58.7% |
| 2011 | 0.12x | $397.80 Million | $46.44 Million | ▲ +47.2% |
| 2010 | 0.08x | $168.80 Million | $13.38 Million | ▲ +62.9% |
| 2009 | 0.05x | $244.78 Million | $11.91 Million | ▲ +33.0% |
| 2008 | 0.04x | $505.89 Million | $18.51 Million | ▼ -81.9% |
| 2007 | 0.20x | $71.73 Million | $14.53 Million | ▲ +488.4% |
| 2006 | 0.03x | $238.04 Million | $8.19 Million | ▲ +293.5% |
| 2005 | 0.01x | $893.60 Million | $7.82 Million | ▼ -80.4% |
| 2004 | 0.04x | $426.28 Million | $19.01 Million | ▼ -83.6% |
| 2003 | 0.27x | $206.52 Million | $56.23 Million | — |