Lazard Ltd (LAZ) — Cash Flow Quality Index
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 much of Lazard Ltd's assets are long-term investments to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
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 LAZ tangible net worth ratio to evaluate the tangible quality of the company's equity base.
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 Lazard Ltd (LAZ) market capitalisation.
| 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 | — |