Lazard Ltd (LAZ) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Lazard Ltd (LAZ) has a cash flow conversion efficiency ratio of 0.300x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($287.47 Million) by net assets ($957.14 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Lazard Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Lazard Ltd - Cash Flow Conversion Efficiency Trend (2003–2024)
This chart illustrates how Lazard Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Lazard Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Lazard Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Science Applications International Corporation Common Stock
NYSE:SAIC
|
0.080x |
|
KBR Inc
NYSE:KBR
|
0.068x |
|
EO Technics Co. Ltd
KQ:039030
|
0.038x |
|
DB HiTek Co Ltd
KO:000990
|
0.037x |
|
Universal Display
NASDAQ:OLED
|
0.064x |
|
Shapir Engineering Industry
TA:SPEN
|
-0.053x |
|
Navin Fluorine International Limited
NSE:NAVINFLUOR
|
0.071x |
|
COWAY Co. Ltd
KO:021240
|
0.002x |
Annual Cash Flow Conversion Efficiency for Lazard Ltd (2003–2024)
The table below shows the annual cash flow conversion efficiency of Lazard Ltd from 2003 to 2024. For the full company profile with market capitalisation and key ratios, see market cap of Lazard Ltd.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $764.78 Million | $742.83 Million | 0.971x | +236.14% |
| 2023-12-31 | $569.86 Million | $164.66 Million | 0.289x | -56.38% |
| 2022-12-31 | $1.26 Billion | $833.98 Million | 0.662x | +26.44% |
| 2021-12-31 | $1.65 Billion | $866.08 Million | 0.524x | -9.08% |
| 2020-12-31 | $999.43 Million | $575.93 Million | 0.576x | -42.07% |
| 2019-12-31 | $681.57 Million | $677.95 Million | 0.995x | +38.04% |
| 2018-12-31 | $970.09 Million | $699.04 Million | 0.721x | -11.76% |
| 2017-12-31 | $1.26 Billion | $1.03 Billion | 0.817x | +67.02% |
| 2016-12-31 | $1.29 Billion | $632.60 Million | 0.489x | -24.65% |
| 2015-12-31 | $1.37 Billion | $887.30 Million | 0.649x | -32.16% |
| 2014-12-31 | $769.47 Million | $736.02 Million | 0.957x | +14.41% |
| 2013-12-31 | $630.00 Million | $526.70 Million | 0.836x | +13.03% |
| 2012-12-31 | $651.54 Million | $481.91 Million | 0.740x | +61.18% |
| 2011-12-31 | $866.86 Million | $397.80 Million | 0.459x | +116.44% |
| 2010-12-31 | $796.12 Million | $168.80 Million | 0.212x | -54.69% |
| 2009-12-31 | $523.10 Million | $244.78 Million | 0.468x | -71.16% |
| 2008-12-31 | $311.75 Million | $505.89 Million | 1.623x | +178.52% |
| 2007-12-31 | $123.11 Million | $71.73 Million | 0.583x | +145.25% |
| 2006-12-31 | $-184.86 Million | $238.04 Million | -1.288x | -9.37% |
| 2005-12-31 | $-758.94 Million | $893.60 Million | -1.177x | -254.54% |
| 2004-12-31 | $559.52 Million | $426.28 Million | 0.762x | +97.63% |
| 2003-12-31 | $535.73 Million | $206.52 Million | 0.385x | -- |
About Lazard Ltd
Lazard, Inc. operates as a financial advisory and asset management firm in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Financial Advisory and Asset Management. The Financial Advisory segment offers financial advisory services, such as mergers and acquisitions, capital markets, shareholder, sovereign, geopolitical, and other strategic … Read more