Lazard Ltd (LAZ) — Financial Flexibility Index
Lazard Ltd (LAZ) has a Financial Flexibility Index of 0.09x as of September 2025. Free cash flow of $312.98 Million (operating CF $287.47 Million minus capex $25.51 Million) represents 0% of total liabilities ($3.68 Billion). Check Lazard Ltd (LAZ) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Lazard Ltd Financial Flexibility Index (2003–2024)
Historical Financial Flexibility Index trend for Lazard Ltd across 22 annual periods. For the full cash flow conversion analysis, see Lazard Ltd (LAZ) cash flow conversion.
Annual Financial Flexibility Index for Lazard Ltd (2003–2024)
Year-by-year free cash flow to debt coverage for Lazard Ltd. Explore Lazard Ltd cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.20x | $788.33 Million | $742.83 Million | $4.03 Billion | ▲ +312.3% |
| 2023 | 0.05x | $192.96 Million | $164.66 Million | $4.07 Billion | ▼ -75.3% |
| 2022 | 0.19x | $883.50 Million | $833.98 Million | $4.59 Billion | ▲ +16.7% |
| 2021 | 0.16x | $905.78 Million | $866.08 Million | $5.49 Billion | ▲ +28.0% |
| 2020 | 0.13x | $640.22 Million | $575.93 Million | $4.97 Billion | ▼ -11.0% |
| 2019 | 0.14x | $720.71 Million | $677.95 Million | $4.98 Billion | ▼ -22.2% |
| 2018 | 0.19x | $748.63 Million | $699.04 Million | $4.03 Billion | ▼ -35.5% |
| 2017 | 0.29x | $1.06 Billion | $1.03 Billion | $3.67 Billion | ▲ +40.1% |
| 2016 | 0.21x | $671.35 Million | $632.60 Million | $3.26 Billion | ▼ -29.8% |
| 2015 | 0.29x | $913.92 Million | $887.30 Million | $3.12 Billion | ▼ -0.3% |
| 2014 | 0.29x | $758.20 Million | $736.02 Million | $2.58 Billion | ▲ +19.1% |
| 2013 | 0.25x | $587.66 Million | $526.70 Million | $2.38 Billion | ▲ +0.9% |
| 2012 | 0.24x | $571.21 Million | $481.91 Million | $2.34 Billion | ▲ +22.0% |
| 2011 | 0.20x | $444.24 Million | $397.80 Million | $2.22 Billion | ▲ +189.1% |
| 2010 | 0.07x | $182.18 Million | $168.80 Million | $2.63 Billion | ▼ -29.2% |
| 2009 | 0.10x | $256.69 Million | $244.78 Million | $2.62 Billion | ▼ -52.4% |
| 2008 | 0.21x | $524.40 Million | $505.89 Million | $2.55 Billion | ▲ +786.2% |
| 2007 | 0.02x | $86.26 Million | $71.73 Million | $3.72 Billion | ▼ -68.0% |
| 2006 | 0.07x | $246.23 Million | $238.04 Million | $3.39 Billion | ▼ -78.5% |
| 2005 | 0.34x | $901.42 Million | $893.60 Million | $2.67 Billion | ▲ +122.9% |
| 2004 | 0.15x | $445.29 Million | $426.28 Million | $2.94 Billion | ▲ +56.9% |
| 2003 | 0.10x | $262.75 Million | $206.52 Million | $2.72 Billion | — |