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 LAZ strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
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. See Lazard Ltd short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Lazard Ltd (2003–2024)
Year-by-year free cash flow to debt coverage for Lazard Ltd. For the full company profile including market capitalisation, see Lazard Ltd (LAZ) total market value.
| 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 | — |