Lazard Ltd (LAZ) — Free Cash Flow Generation Index
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). Explore Lazard Ltd capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Lazard Ltd Free Cash Flow Generation Index (2003–2024)
Historical FCF Generation Index trend for Lazard Ltd across 22 annual periods. For the full cash flow conversion analysis, see Lazard Ltd cash flow conversion.
Annual Free Cash Flow Generation for Lazard Ltd (2003–2024)
Year-by-year Free Cash Flow Generation Index for Lazard Ltd. Check Lazard Ltd (LAZ) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
| 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 | — |