Lazard Ltd (LAZ) — Cash Flow Quality Index

Latest as of September 2025: 3.91x

Lazard Ltd (LAZ) has a Cash Flow Quality Index of 3.91x as of September 2025. Operating cash flow of $287.47 Million exceeds net income of $73.50 Million, indicating high earnings quality where cash backs reported profits. Explore how efficiently does Lazard Ltd generate cash to assess how effectively this company generates cash.

Cash Flow Quality Index

3.91x
Operating CF / Net Income

Operating Cash Flow

$287.47 Million
USD

Net Income

$73.50 Million
USD

Data as of

Sep 2025
Most recent filing

Lazard Ltd Cash Flow Quality Index (2003–2024)

Historical Cash Flow Quality Index for Lazard Ltd across 20 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check total reinvestment intensity of Lazard Ltd to assess the company's total reinvestment commitment from operating cash flow.

Annual Cash Flow Quality Index for Lazard Ltd (2003–2024)

Year-by-year earnings quality comparison for Lazard Ltd. For live market cap and the full company financial profile, see LAZ market cap overview.

Year Quality Index Operating CF (USD) Net Income YoY Change
2024 2.72x $742.83 Million $273.03 Million ▲ +28.0%
2022 2.12x $833.98 Million $392.48 Million ▲ +33.1%
2021 1.60x $866.08 Million $542.54 Million ▲ +11.6%
2020 1.43x $575.93 Million $402.69 Million ▼ -37.2%
2019 2.28x $677.95 Million $297.72 Million ▲ +71.7%
2018 1.33x $699.04 Million $527.12 Million ▼ -67.3%
2017 4.06x $1.03 Billion $253.58 Million ▲ +148.7%
2016 1.63x $632.60 Million $387.70 Million ▲ +81.4%
2015 0.90x $887.30 Million $986.37 Million ▼ -47.8%
2014 1.72x $736.02 Million $427.28 Million ▼ -47.6%
2013 3.29x $526.70 Million $160.21 Million ▼ -42.5%
2012 5.72x $481.91 Million $84.31 Million ▲ +173.8%
2011 2.09x $397.80 Million $190.56 Million ▲ +140.4%
2010 0.87x $168.80 Million $194.42 Million ▼ -99.5%
2008 161.21x $505.89 Million $3.14 Million ▲ +34745.9%
2007 0.46x $71.73 Million $155.04 Million ▼ -81.9%
2006 2.56x $238.04 Million $92.98 Million ▼ -58.9%
2005 6.23x $893.60 Million $143.49 Million ▲ +260.8%
2004 1.73x $426.28 Million $246.97 Million ▲ +109.3%
2003 0.82x $206.52 Million $250.38 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.