Lazard Ltd (LAZ) — Free Cash Flow Generation Index
Latest as of September 2025:
1.09x
Lazard Ltd (LAZ) has a Free Cash Flow Generation Index of 1.09x as of September 2025. Free cash flow of $312.98 Million represents 1% of operating cash flow ($287.47 Million). Read LAZ total debt and obligations for a breakdown of total debt and financial obligations.
FCF Generation Index
1.09x
Free Cash Flow / Operating CF
Free Cash Flow
$312.98 Million
USD
Operating Cash Flow
$287.47 Million
USD
Capital Expenditures
$25.51 Million
USD
Lazard Ltd Free Cash Flow Generation Index (2003–2024)
Historical FCF Generation Index trend for Lazard Ltd across 22 annual periods. Explore Lazard Ltd capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for Lazard Ltd (2003–2024)
Year-by-year Free Cash Flow Generation Index for Lazard Ltd. For the full company profile including market capitalisation, see LAZ market cap overview.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.94x | $697.33 Million | $742.83 Million | $45.50 Million | ▲ +13.4% |
| 2023 | 0.83x | $136.37 Million | $164.66 Million | $28.30 Million | ▼ -12.0% |
| 2022 | 0.94x | $784.47 Million | $833.98 Million | $49.51 Million | ▼ -1.4% |
| 2021 | 0.95x | $826.38 Million | $866.08 Million | $39.70 Million | ▲ +7.4% |
| 2020 | 0.89x | $511.64 Million | $575.93 Million | $64.29 Million | ▼ -5.2% |
| 2019 | 0.94x | $635.20 Million | $677.95 Million | $42.76 Million | ▲ +0.8% |
| 2018 | 0.93x | $649.45 Million | $699.04 Million | $49.59 Million | ▼ -3.2% |
| 2017 | 0.96x | $987.77 Million | $1.03 Billion | $27.67 Million | ▲ +7.9% |
| 2016 | 0.89x | $562.54 Million | $632.60 Million | $38.75 Million | ▼ -8.3% |
| 2015 | 0.97x | $860.67 Million | $887.30 Million | $26.63 Million | ▲ +0.0% |
| 2014 | 0.97x | $713.83 Million | $736.02 Million | $22.18 Million | ▲ +9.7% |
| 2013 | 0.88x | $465.73 Million | $526.70 Million | $60.96 Million | ▲ +8.5% |
| 2012 | 0.81x | $392.61 Million | $481.91 Million | $89.30 Million | ▼ -7.8% |
| 2011 | 0.88x | $351.36 Million | $397.80 Million | $46.44 Million | ▼ -4.1% |
| 2010 | 0.92x | $155.42 Million | $168.80 Million | $13.38 Million | ▼ -3.2% |
| 2009 | 0.95x | $232.86 Million | $244.78 Million | $11.91 Million | ▼ -1.3% |
| 2008 | 0.96x | $487.38 Million | $505.89 Million | $18.51 Million | ▲ +20.8% |
| 2007 | 0.80x | $57.20 Million | $71.73 Million | $14.53 Million | ▼ -17.4% |
| 2006 | 0.97x | $229.85 Million | $238.04 Million | $8.19 Million | ▼ -2.6% |
| 2005 | 0.99x | $885.79 Million | $893.60 Million | $7.82 Million | ▲ +3.8% |
| 2004 | 0.96x | $407.27 Million | $426.28 Million | $19.01 Million | ▼ -24.9% |
| 2003 | 1.27x | $262.75 Million | $206.52 Million | $56.23 Million | — |
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).