Lazard Ltd Financial Flexibility Index
Lazard Ltd 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). See Lazard Ltd (LAZ) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Lazard Ltd (2003–2024)
Financial flexibility index of Lazard Ltd from 2003 to 2024. Historical Financial Flexibility Index trend for Lazard Ltd across 22 annual periods. Check Lazard Ltd (LAZ) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Lazard Ltd Financial Flexibility Index by Year (2003–2024)
Lazard Ltd financial flexibility index by year from 2003 to 2024. Year-by-year free cash flow to debt coverage for Lazard Ltd. For the full cash flow conversion analysis, see Lazard Ltd (LAZ) cash conversion ratio.
| 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 | — |