Lazard, Inc. Cash Flow Statement
LAZ / Financials|15 years of annual SEC 10-K data (FY2011-FY2025)
Covers operating cash flow, capital expenditures, free cash flow, share buybacks, and dividends paid across 15 fiscal years. All figures from audited SEC 10-K filings.
Lazard, Inc. generated $519M in operating cash flow and $487M in free cash flow in FY2025. Free cash flow margin was 15.3% of revenue.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 1.19 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $236.8M | $279.9M | $528.1M | $402.5M | $528.1M | $527.1M | $253.6M | $387.7M | $986.4M | $427.3M | $986.4M | $427.3M | $174.9M | $175.0M | -$130.2M |
| Depreciation & Amortization | $34.2M | $36.3M | $38.3M | $35.1M | $38.3M | $34.1M | $31.5M | $33.3M | $32.8M | $34.5M | $32.8M | $34.5M | $24.6M | - | - |
| Operating Cash Flow | $519.3M | $742.8M | $866.1M | $575.9M | $866.1M | $699.0M | $1.0B | $632.6M | $887.3M | $736.0M | $887.3M | $736.0M | $397.8M | $168.8M | $244.8M |
| Capital Expenditures | $31.9M | $45.5M | $39.7M | $64.3M | $39.7M | $49.6M | $27.7M | $38.7M | $26.6M | $22.2M | $26.6M | $22.2M | $46.4M | $13.4M | $11.9M |
| Free Cash Flow | $487.4M | $697.3M | $826.4M | $511.6M | $826.4M | $649.4M | $1.0B | $593.9M | $860.7M | $713.8M | $860.7M | $713.8M | $351.4M | $155.4M | $232.9M |
| Share Buybacks | $91.0M | $59.5M | $406.1M | $95.2M | $406.1M | $552.9M | $306.7M | $300.2M | $172.8M | $192.7M | $172.8M | $192.7M | $204.8M | $150.0M | $50.5M |
| Dividends Paid | $186.6M | $179.0M | $195.9M | $196.6M | $195.9M | $359.6M | $341.4M | $336.1M | $290.7M | $146.2M | $290.7M | $146.2M | $70.6M | $50.6M | $33.5M |
| FCF Margin | 15.3% | 22.2% | 25.2% | 19.3% | 25.2% | 22.5% | 37.1% | 24.9% | 35.8% | 30.2% | 35.8% | 30.2% | 18.3% | 7.8% | 14.2% |